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Global Ultrasonic Flowmeter Market 2017-2021

Global Ultrasonic Flowmeter Market 2017-2021

About Ultrasonic Flowmeter

Ultrasonic flowmeters use ultrasound technologies such as sonar or radar scans to measure the flow of liquids inside a pipe. Networked communication protocols incorporated in the flowmeters help in analyzing the operation of the flowmeter and provide valuable information to end-users. As ultrasonic flowmeters do not obstruct the flow, they can be used to measure sanitary, corrosive, and abrasive liquids. These flowmeters are widely used in the custody transfer of natural gas in end-user industries such as petrochemicals, oil and gas, and chemicals.

Technavio’s analysts forecast the global ultrasonic flowmeter market to grow at a CAGR of 6.12% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ultrasonic flowmeter market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Ultrasonic Flowmeter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Emerson
  • Endress+Hauser
  • General Electric (GE)
  • KROHNE
  • Siemens
Other prominent vendors
  • Badger Meter
  • Bronkhorst High-Tech
  • CMC Technologies
  • Danfoss
  • Eastech Flow Controls
  • Eastern Energy Services
  • ELIS PLZEN
  • Fuji Electric
  • HONDA ELECTRONICS
  • iCenta
  • Cameron- Schlumberger
  • TOKYO KEIKI
  • TOKYO KEISO
  • Total Temperature Instrumentation
  • Yokogawa Electric
Market driver
  • Growing nuclear power generation
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Developments in ultrasonic flowmeters
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Ultrasonic Flowmeter Market 2017-2021

Technavio recognizes the following companies as the key players in the global ultrasonic flowmeter market: Emerson, Endress+Hauser, General Electric (GE), KROHNE, and Siemens.

Other Prominent Vendors in the market are: Badger Meter, Bronkhorst High-Tech, CMC Technologies, Danfoss, Eastech Flow Controls, Eastern Energy Services, ELIS PLZEN, Fuji Electric, HONDA ELECTRONICS, iCenta, Cameron- Schlumberger, TOKYO KEIKI, TOKYO KEISO, Total Temperature Instrumentation, and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is developments in ultrasonic flowmeters. The latest developments in ultrasonic flowmeters will prove useful for many industries as the demand keeps growing. Handheld and portable ultrasonic flowmeters also witness significant market growth. Handheld ultrasonic flowmeters are commonly used in measuring slurries and dirty fluids for the chemical industry, food processing sector, and water treatment plants.”

According to the report, one driver in the market is growing nuclear power generation. Many countries are now generating power using nuclear energy. Globally, there are 31 countries with nearly 440 nuclear power reactors, which have a total installed capacity of 3,90,000 MWe. Also, 60 nuclear power reactors are under construction and 160 are planned. The most number of nuclear power reactors in the planning and construction stages are in Asia while a few major new units are in Russia. Capacity expansion is also being undertaken by upgrading the power plants.

Further, the report states that one challenge in the market is volatility in raw material prices. The prices of ultrasonic flowmeters are increasing significantly due to the high prices of raw materials used in their manufacture. The body of an ultrasonic flowmeter is made of steel, cast iron or ductile iron, alloys, titanium, and various other alloys. The shortages in the market supply of these raw materials and inflationary pressures are combining to increase the prices of the listed metals and alloys. These materials have volatile prices, which affect manufacturers as well as end-user segments. The growing demand-supply gap has led to an increase in the cost of the raw materials.

Companies Mentioned

Emerson, Endress+Hauser, General Electric (GE), KROHNE, Siemens, Badger Meter, Bronkhorst High-Tech, CMC Technologies, Danfoss, Eastech Flow Controls, Eastern Energy Services, ELIS PLZEN, Fuji Electric, HONDA ELECTRONICS, iCenta, Cameron- Schlumberger, TOKYO KEIKI, TOKYO KEISO, Total Temperature Instrumentation, and Yokogawa Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Applications of ultrasonic flowmeters in various industries
      • Table Global ultrasonic flowmeter market by product segment 2016-2021
  • Market landscape
    • Market overview
      • Table Global ultrasonic flowmeter market overview
    • Market size and forecast
      • Table Global ultrasonic flowmeter market 2016-2021 ($ millions)
      • Table Global ultrasonic flowmeter market overview
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global ultrasonic flowmeter product segmentation 2016 and 2021
    • Global spool piece ultrasonic flowmeter market
      • Table Global spool piece ultrasonic flowmeter market 2016-2021 ($ millions)
    • Global insertion ultrasonic flowmeter market
      • Table Global insertion ultrasonic flowmeter market 2016-2021 ($ millions)
    • Global clamp-on ultrasonic flowmeter market
      • Table Global clamp-on ultrasonic flowmeter market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global ultrasonic flowmeter market by geography 2016 and 2021 (%)
    • Ultrasonic flowmeter market in APAC
      • Table Ultrasonic flowmeter market in APAC 2016-2021 ($ millions)
      • Table Upcoming nuclear power plants in APAC (number of units)
    • Ultrasonic flowmeter market in Americas
      • Table Ultrasonic flowmeter market in Americas 2016-2021 ($ millions)
      • Table Upcoming nuclear power projects in Americas as of January 2017 (MWe gross)
      • Table Natural gas production in US, (gross withdrawals) in 2016 (billion cubic feet per day)
    • Ultrasonic flowmeter market in EMEA
      • Table Ultrasonic flowmeter market in EMEA 2016-2021 ($ millions)
      • Table Upcoming nuclear power projects in Europe as of January 2017 (MWe gross)
  • Decision Framework
  • Drivers and challenges
    • Market drivers
      • Table Nuclear reactors planned and under construction in 10 countries as of March 2017
      • Table Key highlights of petrochemical and chemical industry in India
      • Table Chemical and petrochemical industry in India 2016-2021 ($ billions)
      • Table Applications of ultrasonic flowmeters in chemical and petrochemical industries
    • Market challenges
      • Table Volatility in steel prices
      • Table Global CAPEX spending 2010-2015 ($ billions)
  • Market trends
    • Developments in ultrasonic flowmeters
    • Growing water and wastewater industry
      • Table Applications of ultrasonic flowmeters in water and wastewater industry
    • Increasing capacity of refineries
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Emerson
      • Table Emerson: Product/service offerings
      • Table Emerson: Ultrasonic flowmeter products
    • Endress+Hauser
      • Table Endress+Hauser: Product offerings
      • Table Endress+Hauser: Ultrasonic flowmeter products
    • General Electric (GE)
      • Table General Electric: Product offerings
      • Table GE: Ultrasonic flowmeter products
    • KROHNE
      • Table KROHNE: Products offerings
      • Table KROHNE: Ultrasonic flowmeter products
    • Siemens
      • Table Siemens: Product offerings
      • Table Siemens: Ultrasonic flowmeters
  • Appendix
    • List of abbreviations
  • Explore Technavio

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