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Global Wetgas Meters Market 2017-2021

About Wetgas Meters

Wetgas is defined as the gas that is having a small amount of liquid present in it. The main purpose of using wetgas meters is to find out the right amount of gas flowing rather than liquid. However, this also depends on the monetary value of the type of liquid such as gas condensate present in the overall flow.

Technavio’s analysts forecast the global wetgas meters market to grow at a CAGR of 3.83% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global wetgas meters market for 2017-2021. 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 Wetgas Meters 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
  • AMETEK
  • Emerson
  • KROHNE Group
  • SEIL ENTERPRISE
  • TechnipFMC
Other prominent vendors
  • Dermaga Oil & Gas
  • DP Diagnostics
  • EMCO Controls
  • Expro
  • FORCE TECHNOLOGY
  • Haimo Technologies
  • Indian Devices & Engineering
  • Litre Meter
  • Raychem RPG
  • ROSEN Group
  • Schlumberger
  • Shanghai Cixi Instrument
  • Shinagawa
  • Weatherford
Market driver
  • Movement of oil and gas E&P activities to unconventional sources
  • For a full, detailed list, view our report
Market challenge
  • Uncertainties associated with low crude oil prices
  • For a full, detailed list, view our report
Market trend
  • Increase in LNG trade
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Wetgas Meters Market 2017-2021

Technavio recognizes the following companies as the key players in the global wetgas meters market: AMETEK, Emerson, KROHNE Group, SEIL ENTERPRISE, and TechnipFMC.

Other Prominent Vendors in the market are: Dermaga Oil & Gas, DP Diagnostics, EMCO Controls, Expro, FORCE TECHNOLOGY, Haimo Technologies, Indian Devices & Engineering, Litre Meter, Raychem RPG, ROSEN Group, Schlumberger, Shanghai Cixi Instrument, Shinagawa, and Weatherford.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in LNG trade. LNG trade experienced a dynamic change over the past few years. The supply side has ramped up with projects spanning across the globe, from the US to Australia, and the new-found markets. Owing to the advantages of natural gas as a fuel in the global energy mix, it has becoming increasingly important for governments, consumers, and businesses to meet up to LNG trade.”

According to the report, one of the major drivers for this market is Movement of oil and gas E&P activities to unconventional sources. Oil companies are managing operations of unconventional oil and gas resources such as tight oil, shale oil, shale gas, and CBM. For these unconventional resources, the oil industry needs advanced on-site processing equipment to increase ROI. Heavy oils are oils that have high viscosity and high density. Heavy oils are being distributed among 192 basins across the globe. In upstream unconventional oil and gas operations, wetgas meters are used for the continuous measurement of oil, gas, and water without phase separation from the initial hydrocarbon stream that is produced from a hydrocarbon well.

Further, the report states that one of the major factors hindering the growth of this market is Uncertainties associated with low crude oil prices. Crude oil prices have witnessed several highs and lows in the recent past. The crude oil price cycle has not exhibited a consistent trend over the past few years. Also, the correct estimation of the highs and lows in crude oil prices is not the one that can easily be predicted. Recently, crude oil prices crashed from over $100/bbl in mid-2014 to around $50/bbl in December 2016. This showcases the volatile nature of the global crude oil market.

Companies Mentioned

AMETEK, Emerson, KROHNE Group, SEIL ENTERPRISE, TechnipFMC, Dermaga Oil & Gas, DP Diagnostics, EMCO Controls, Expro, FORCE TECHNOLOGY, Haimo Technologies, Indian Devices & Engineering, Litre Meter, Raychem RPG, ROSEN Group, Schlumberger, Shanghai Cixi Instrument, Shinagawa, and Weatherford.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Oil and gas technological overview
    • Wetgas meters: An overview
  • Market landscape
    • Market overview
      • Table Global wetgas meters market 2017-2021
    • Market size and forecast
      • Table Global wetgas meters market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global wetgas meters market by application
      • Table Global wetgas meters market by application 2016 and 2021 (%)
      • Table Global wetgas meters market by application 2016-2021 ($ millions)
    • Global wetgas meters market by onshore segment
      • Table Global wetgas meters market by onshore segment 2016-2021 ($ millions)
    • Global wetgas meters market by offshore segment
      • Table Global wetgas meters market by offshore segment 2016-2021 ($ millions)
  • Geographical segmentation
    • Global wetgas meters market by geography
      • Table Global wetgas meters market by geography 2016 and 2021 (%)
      • Table Global wetgas meters market by geography 2016-2021 ($ millions)
    • Wetgas meters market in EMEA
      • Table Wetgas meters market in EMEA 2016-2021 ($ millions)
    • Wetgas meters market in the Americas
      • Table Wetgas meters market in the Americas 2016-2021 ($ millions)
      • Table Major liquefaction plants under construction in the Americas
    • Wetgas meters market in APAC
      • Table Wetgas meters market in APAC 2016-2021 ($ millions)
      • Table Major liquefaction plants under construction in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Oil and natural gas produced from tight oil and shale gas in the US 2005-2020 (%)
      • Table HPHT operating ranges
    • Market challenges
      • Table Global crude oil price volatility over the past decade 2007-2016 ($ per barrel)
      • Table Global renewable energy installed capacity 2011-2016 (GW)
  • Market trends
    • Increase in LNG trade
    • Next-generation wetgas meters for direct measurement
    • Rise in global rig count
      • Table Rig count 2016-2017
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • AMETEK
      • Table AMETEK: Key product offerings
    • Emerson
      • Table Emerson: Key product offerings
      • Table Emerson: Key news
    • KROHNE Group
      • Table KROHNE Group: Key product offerings
    • SEIL ENTERPRISE
      • Table SEIL ENTERPRISE: Product offerings
    • TechnipFMC
      • Table TechnipFMC: Key product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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