Ultrasonic Flow Meter Market | Size, Share & Forecast to 2019 - 2024

Global Ultrasonic Flowmeter Market Research Report and Forecast

Report Edition: 2019 © 2019 IMARC All Rights Reserved

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Ultrasonic Flowmeter Market Overview: According to the latest report by IMARC Group, titled “ Ultrasonic Flowmeter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2 019-2024 �, the global ultrasonic flowmeter market reached a value of more than US$ 1 Billion in 2018. An ultrasonic flowmeter is an instrument which measures the velocity of a gas or liquid flowing through the pipe with the help of ultrasonic transducers. Their principle of operation is dependent upon the speed at which high-frequency sound propagates. These flowmeters are used with corrosive and abrasive liquids as they do not obstruct the flow of liquid passing through the pipelines. As a result, they have gained acceptance in applications where chemical compatibility, and low maintenance and pressure drop are required. In recent years, manufacturers have developed ultrasonic flowmeters incorporated with latest technologies, such as hybrid and portable ultrasonic flowmeters, to improve the accuracy of measurement.

Ultrasonic Flowmeter Market Trends Ultrasonic flowmeters are inexpensive, easy to install, and highly accurate and sensitive. They also have bi-directional flow capability, good measurement repeatability, and require less maintenance than conventional meters.

Report Description and Highlights

157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2011

2012

2013

2014

2015

2016

2017

2018

In Billion US$

in Billion US$

Report Description

180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

For instance, manufacturers are introducing advanced ultrasonic flowmeters integrated with multi-path ultrasonic sensing capabilities using improved software. Looking forward, the market value is projected to reach nearly US$ 2 Billion by 2024, expanding at a CAGR of 8.6% during 2019-2024.

Request for a free sample report: https://www.imarcgroup.com/ultrasonic-flowmeter-market/requestsample

Report Description and Highlights

Report Description

Owing to these economic and operational advantages, they are increasingly being used in the water and wastewater treatment to measure the dosage of chemicals, monitor methane discharge, and evaluate large volumes of fluid carrying sludge by-products, suspended solids and other materials.

Apart from this, advancements in the ultrasonic technology and computing capabilities have helped in enhancing flowmeter performance and measurement in continuous industrial processes and detecting secondary flow in pipelines.

Ultrasonic Flowmeter Market Segmentation: Market Segmentation by Product Type • • • •

Spool Peice Insertion Clamp-On Others

Based on the product type, spool piece is the most popular type of ultrasonic flowmeter across the globe. Other major product types include insertion, clamp-on and others.

Report Description and Highlights

Report Description

Market Segmentation by Number of Paths • • • •

3-Path Transit Time 4- Path Transit Time 5- Path Transit Time 6 or More Path Transit Time

On the basis of the number of paths, the market has been segregated into 3-path transit time, 4-path transit time, 5-path transit time and 6 or more path transit time.

Market Segmentation by Technology • • • •

Transit Time - Single/Dual Path Transit Time - Multipath Doppler Hybrid

Based on the technology, the market has been segmented into transit time single/dual path, transit time – multipath, doppler and hybrid.

Report Description and Highlights

Report Description

Market Segmentation by Distribution Channel • • • •

Direct Sales Independent Representatives Distributors Online

On the basis of the distribution channel, the market has been divided into direct sales, independent representatives, distributors and online.

For more information, click here: https://www.imarcgroup.com/ultrasonic-flowmeter-market Market Segmentation by Application • • • •

Natural Gas Non-Petroleum Liquid Petroleum Liquid Others

Report Description and Highlights

Report Description

The market has also been classified on the basis of application into natural gas, non-petroleum liquid, petroleum liquid, and others. Currently, natural gas represents the largest application segment.

Market Segmentation by Region • • • • •

Asia Pacific North America Europe Middle East and Africa Latin America

Region-wise, Europe enjoys the leading position in the global ultrasonic flowmeter market. Other major regions are North America, Asia Pacific, Middle East and Africa, and Latin America.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

Report Description and Highlights

Report Description • • • • • • • • • • • • • • •

Asea Brown Boveri Ltd. Badger Meter Inc. Emerson Electric Co. Emerson Process Management Faure Herman SA General Electric Hach/Marsh McBirney Inc. Honeywell International Inc. Index Corporation Invensys Process Systems Rockwell Automation Inc. Siemens AG Teledyne Isco Inc. Yamatake Co. Yokogawa Electric Co.

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com