New ARC Advisory Group research on the global Coriolis flowmeter market reveals that suppliers are leveraging OPC UA, Industrial Ethernet, and other advanced communications technologies to further increase the value of these premium process flowmeters in chemical, oil & gas, food & beverage, and other critical process industries.
“Coriolis flowmeters have emerged as one of the leading technologies for measuring volume and mass flows in demanding process applications. These devices have been getting more traction with users due to the technology advantages and relatively stable average selling prices. With no moving parts exposed to the potentially corrosive process media, low maintenance/low total cost of ownership, less-critical piping requirements, smaller meter size, higher accuracy and direct mass flow measurement, Coriolis flow measuring technology offers inherent advantages over other approaches, according to Arun Mohan, Analyst at ARC Advisory Group and key author of ARC’s Coriolis Flowmeter Global Market Research report. “Furthermore, new communication interfaces and protocols are helping users to get more data out of Coriolis flowmeters. This includes advanced diagnostics and verification functions.”
About the Coriolis Flowmeter Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the Coriolis Flowmeter systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, line size, measured medium, transmission method, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.