Global Ultrasonic Flowmeter Market to grow at a CAGR of 11.23% during 2014 - 2019; Finds New Report

Report forecast the global ultrasonic flowmeter market to grow at a CAGR of 11.23% over the period 2014-2019.

Ultrasonic flowmeters use ultrasound waves to measure and monitor fluid flows. These devices do not obstruct fluid flows in any manner, and so they can be used to measure sanitary, corrosive, and abrasive fluid flows. These flowmeters are widely used for custody transfer of natural gas across end-users such as oil and gas, petrochemicals, and chemicals.

Ultrasonic flowmeters are mainly divided into three types based on the type of mounting: spool-piece, clamp-on, and insertion.

This report covers the present scenario and the growth prospects of the global ultrasonic flowmeter market for the period 2015-2019.

To calculate the market size, the report considers revenue generated through:

• Sales of ultrasonic flowmeters
• Support, maintenance, and services

It also presents the vendor landscape and a corresponding detailed analysis of the three key vendors in the global ultrasonic flowmeter market. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Global Ultrasonic Flowmeter Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Americas, and EMEA; it also covers the landscape of the global ultrasonic flowmeter market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

According to the report, several process industries such as food and beverages, oil and gas, and chemicals are selecting ultrasonic flowmeters to boost operational performance. End-users prefer these devices to multi-variable differential pressure transmitters and turbine meters to measure mass flows.

Key regions

• APAC
• Americas
• EMEA

Key players in the Global Ultrasonic Flowmeter Market:  Bronkhorst, Siemens, Emerson Electric and GE

Other Prominent Vendors in the market are: ABB, Endress+Hauser, Hitachi, Honeywell International, Krohne, and Yokogawa Electric.

Market driver

• Rising demand for ultrasonic flowmeters in process industries
• For a full, detailed list, view our report

Market challenge

• High initial investments
• For a full, detailed list, view our report

Market trend

• Development of smart ultrasonic flowmeters
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages “Global Ultrasonic Flowmeter Market 2015-2019” report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://mrr.cm/ofs

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