Global Ultrasonic Flow Meter Market Analysis 2019

Global Ultrasonic Flow Meter Market Analysis 2019

The Global Ultrasonic Flow Meter Market is expected to reach $2.57 billion by 2026 growing at a CAGR of 9.1% during 2018 to 2026. The ultrasonic flow meter is used to measure the fluid velocity which will calculate the motion of the gas or any liquid flowing. The flow meter measures the average velocity with the help of ultrasonic transducers. Some of the key factors influencing the market growth include need for accurate measurement, growing demand in oil & gas and water & wastewater industries and growing demand from the custody transfer applications. However, high initial cost of ultrasonic flow meters is restricting the market growth.

Based on the implementation type, the spool piece ultrasonic flow meter segment accounted for the major shares of this market. These flow meters are made of carbon steel, alloy steel, and stainless steel and incorporate highly-efficient transmitters that provide intelligent diagnostics. Additionally, to monitor the flow of high viscosity liquids, these devices are also geared with special transducer designs and sophisticated software.

The key vendors mentioned are Siemens, Fuji Electric, General Electric, Honeywell, Emerson, Honeywell International Inc., Rockwell Automation Inc., Teledyne Isco Inc., Badger Meter Inc., Index Corporation, Katronic, CMC Technologies, Invensys Process Systems, Yokogawa Electric Co., Asea Brown Boveri Ltd., Yamatake Co. and Faure Herman SA.

Measurement Technologies Covered:
• Hybrid
• Transit Time - Multipath
• Doppler
• Transit Time - Single/Dual Path

Implementation Types Covered:
• Inline
• Clamp-On
• Insertion
• Spool Peice
• Other Implementation Types

Customer Types Covered:
• Systems Integrators
• Engineers/Consultants
• End-Users
• Resellers
• Original Equipment Manufacturers (OEMs)

Number of Paths Covered:
• 6 or More Path Transit Time
• 5- Path Transit Time
• 4- Path Transit Time
• 3- Path Transit Time
• 2-Path Transit Time
• 1-Path Transit Time

Distribution Channels Covered:
• Online
• Independent Representatives
• Distributors
• Direct Sales

Applications Covered:
• Petroleum Liquid
• Natural Gas
• Non-Petroleum Liquid
• Steam
• Other Applications

End Users Covered:
• Power Generation
• Oil & Gas
• Water & Wastewater
• Pharmaceuticals
• Pulp & Paper
• Refining & Petrochemicals
• Metals and Mining
• Chemicals
• Food & Beverages
• Other End Users

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period