Gas Custody Transfer Applications to Drive Growth
Coriolis flowmeters are suitable for liquid, slurry, and gas applications. Direct mass measurement is the feature that differentiates Coriolis flowmeters from other technologies.
Coriolis flowmeters are ideal for custody transfer applications in the oil & gas industries, and will enjoy wider acceptance, particularly for loading and unloading operations at pipeline terminals and other distribution facilities.
Coriolis flowmeter technology continues to advance to expand its suitability for a wider range of flow measurement applications. Many suppliers have made great strides in compensating for entrained gas in liquid flows, which improves measurement accuracy in such challenging flow applications.
Regionally, suppliers can expect to see the largest growth in Asia, where heavy investment in new plant construction continues in core sectors such as chemical & petrochemical, oil & gas, and power. The Middle East, due to its high concentration of oil & gas activities, will continue to be fertile ground for automation and instrumentation suppliers alike.
The ability to measure mass flow directly gives Coriolis flowmeters a distinct advantage, particularly for natural gas measurement, which is emerging as a growth market for Coriolis flowmeters in a variety of applications, and is growing faster than liquid applications.
Strategic Issues
Suppliers need to understand how the dynamics of this market will affect their business. Key issues discussed to guide your planning activities include:
- Who are the leading suppliers and what are their market shares?
- How will the Coriolis flowmeter market evolve over the next five years?
- Which industries and regions offer the greatest growth potential?
- What applications and vertical industries should suppliers target?
- What strategies will increase adoption of Coriolis flowmeter technology?