Flowmeters - Ultrasonic

The Ultrasonic Flowmeters market research study delivers current market analysis plus a five year market and technology forecast.  The study also takes a closer look at upcoming market and technology trends related to ultrasonic flowmeters.  It is is available in multiple editions including worldwide, all regions, and most major countries.

Hydrocarbon Sector and Water Industry Key to Ultrasonic Flowmeter Growth

Ultrasonic flowmeters, once limited to applications in the water and wastewater industry, have now found wider usage, particularly in the hydrocarbon industries, and are gradually getting a foothold in new and emerging segments, such as the renewable energy industry for thermal energy metering.  After early accuracy and “misapplication” missteps, ultrasonic technology has been perfected, and suppliers are continually making improvements in accuracy and the ability of ultrasonic flowmeters to perform in even the most demanding applications. 

Today’s ultrasonic instruments feature advanced diagnostics and signal processing qualities to compete with other flow technologies and offer a compelling value proposition to users.  These field devices stand poised for widespread adoption in the process industries, particularly in the hydrocarbon sector. 

New application trends of ultrasonic flowmeters are emerging due to the rising costs of energy and end users’ need for conserving resources through accurate measurement.

Asset management is another focus area of users, and advanced diagnostic features built into the devices will further support these requirements.  Moreover, emerging technologies such as industrial IoT, industrial Ethernet, and advanced diagnostics are forming new areas of collaboration among users and suppliers.

Strategies for both end users and suppliers are discussed in detail, so that they can leverage advancements in device and networking technology, and service offerings
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Ultrasonic Flowmeters Strategic Issues

In addition to providing a five-year market forecast, the Ultrasonic Flowmeter Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follows:

Strategic Issue for Ultrasonic Flowmeters Vendors: Intense Competition among Flow Technologies

While the four modern technologies are a major competition to traditional measurement technologies, these modern technologies also compete among themselves.  Each flow technology has its unique merits that make it well suited for a particular application.  However, suppliers are constantly improving the capabilities of these flowmeters and therefore expanding the range of applications as well as competition among different technologies.  For instance, magnetic flowmeters are gaining preference in water & wastewater applications, which traditionally has been a key market for ultrasonic flowmeters.

Strategic Issue for Users: Price-sensitive Market in Developing Nations

In countries such as China and India capital funding is expensive, and hence many local manufacturers, with limited financing, are highly cost-conscious.  These end users are more concerned about their ability to make an affordable upfront investment, and this often results in low-cost equipment purchases.