According to Stratistics MRC, the Global Ultrasonic Flow Meter Market is accounted for $1.17 billion in 2017 and is expected to reach $2.57 billion by 2026 growing at a CAGR of 9.1% during the forecast period. Some of the key factors influencing the market growth include need for accurate measurement, growing demand in oil & gas and water & wastewater industries and growing demand from the custody transfer applications. However, high initial cost of ultrasonic flow meters is restricting the market growth.
The ultrasonic flow meter is used to measure the fluid velocity which will calculate the motion of the gas or any liquid flowing. The flow meter measures the average velocity with the help of ultrasonic transducers. These ultrasonic flow meters are affected by the temperature, density, viscosity of the fluid.
Amongst implementation type, the spool piece ultrasonic flowmeter segment accounted for the major shares of this market. These flow meters are made of carbon steel, alloy steel, and stainless steel and incorporate highly-efficient transmitters that provide intelligent diagnostics. Additionally, to monitor the flow of high viscosity liquids, these devices are also geared with special transducer designs and sophisticated software.
By Geography, Asia Pacific has significant market share during the forecast period. The construction of new power plants using natural gas and the replacement of old power plants in countries such as India, Australia, and China will help in increasing the demand for ultrasonic flow meters in this region due to the significant changes in the power sector and environmental concerns.
Some of the key players in global ultrasonic flow meter market are Siemens, Fuji Electric, General Electric, Honeywell, Emerson, Honeywell International Inc., Rockwell Automation Inc., Teledyne Isco Inc., Badger Meter Inc., Index Corporation, Katronic, CMC Technologies, Invensys Process Systems, Yokogawa Electric Co., Asea Brown Boveri Ltd., Yamatake Co. and Faure Herman SA.
Measurement Technologies Covered:
• Hybrid
• Transit Time - Multipath
• Doppler
• Transit Time - Single/Dual Path
Implementation Types Covered:
• Inline
• Clamp-On
• Insertion
• Spool Peice
• Other Implementation Types
Customer Types Covered:
• Systems Integrators
• Engineers/Consultants
• End-Users
• Resellers
• Original Equipment Manufacturers (OEMs)
Number of Paths Covered:
• 6 or More Path Transit Time
• 5- Path Transit Time
• 4- Path Transit Time
• 3- Path Transit Time
• 2-Path Transit Time
• 1-Path Transit Time
Distribution Channels Covered:
• Online
• Independent Representatives
• Distributors
• Direct Sales
Applications Covered:
• Petroleum Liquid
• Natural Gas
• Non-Petroleum Liquid
• Steam
• Other Applications
End Users Covered:
• Power Generation
• Oil & Gas
• Water & Wastewater
• Pharmaceuticals
• Pulp & Paper
• Refining & Petrochemicals
• Metals and Mining
• Chemicals
• Food & Beverages
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Product Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Ultrasonic Flow Meter Market, By Measurement Technology
5.1 Introduction
5.2 Hybrid
5.3 Transit Time - Multipath
5.4 Doppler
5.5 Transit Time - Single/Dual Path
6 Global Ultrasonic Flow Meter Market, By Implementation Type
6.1 Introduction
6.2 Inline
6.3 Clamp-On
6.4 Insertion
6.5 Spool Peice
6.6 Other Implementation Types
7 Global Ultrasonic Flow Meter Market, By Customer Type
7.1 Introduction
7.2 Systems Integrators
7.3 Engineers/Consultants
7.4 End-Users
7.5 Resellers
7.6 Original Equipment Manufacturers (OEMs)
8 Global Ultrasonic Flow Meter Market, By Number of Paths
8.1 Introduction
8.2 6 or More Path Transit Time
8.3 5- Path Transit Time
8.4 4- Path Transit Time
8.5 3 Path Transit-Time
8.6 2 Path Transit-Time
8.7 1 Path Transit-Time
9 Global Ultrasonic Flow Meter Market, By Distribution Channel
9.1 Introduction
9.2 Online
9.3 Independent Representatives
9.4 Distributors
9.5 Direct Sales
10 Global Ultrasonic Flow Meter Market, By Application
10.1 Introduction
10.2 Petroleum Liquid
10.3 Natural Gas
10.4 Non-Petroleum Liquid
10.5 Steam
10.6 Other Applications
11 Global Ultrasonic Flow Meter Market, By End User
11.1 Introduction
11.2 Power Generation
11.3 Oil & Gas
11.4 Water & Wastewater
11.5 Pharmaceuticals
11.6 Pulp & Paper
11.7 Refining & Petrochemicals
11.8 Metals and Mining
11.9 Chemicals
11.10 Food & Beverages
11.11 Other End Users
12 Global Ultrasonic Flow Meter Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Siemens
14.2 Fuji Electric
14.3 General Electric
14.4 Honeywell
14.5 Emerson
14.6 Honeywell International Inc.
14.7 Rockwell Automation Inc.
14.8 Teledyne Isco Inc.
14.9 Badger Meter Inc.
14.10 Index Corporation
14.11 Katronic
14.12 CMC Technologies
14.13 Invensys Process Systems
14.14 Yokogawa Electric Co.
14.15 Asea Brown Boveri Ltd.
14.16 Yamatake Co.
14.17 Faure Herman SA
List of Tables
Table 1 Global Ultrasonic Flow Meter Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Ultrasonic Flow Meter Market Outlook, By Measurement Technology (2016-2026) ($MN)
Table 3 Global Ultrasonic Flow Meter Market Outlook, By Hybrid (2016-2026) ($MN)
Table 4 Global Ultrasonic Flow Meter Market Outlook, By Transit Time - Multipath (2016-2026) ($MN)
Table 5 Global Ultrasonic Flow Meter Market Outlook, By Doppler (2016-2026) ($MN)
Table 6 Global Ultrasonic Flow Meter Market Outlook, By Transit Time - Single/Dual Path (2016-2026) ($MN)
Table 7 Global Ultrasonic Flow Meter Market Outlook, By Implementation Type (2016-2026) ($MN)
Table 8 Global Ultrasonic Flow Meter Market Outlook, By Inline (2016-2026) ($MN)
Table 9 Global Ultrasonic Flow Meter Market Outlook, By Clamp-On (2016-2026) ($MN)
Table 10 Global Ultrasonic Flow Meter Market Outlook, By Insertion (2016-2026) ($MN)
Table 11 Global Ultrasonic Flow Meter Market Outlook, By Spool Peice (2016-2026) ($MN)
Table 12 Global Ultrasonic Flow Meter Market Outlook, By Other Implementation Types (2016-2026) ($MN)
Table 13 Global Ultrasonic Flow Meter Market Outlook, By Customer Type (2016-2026) ($MN)
Table 14 Global Ultrasonic Flow Meter Market Outlook, By Systems Integrators (2016-2026) ($MN)
Table 15 Global Ultrasonic Flow Meter Market Outlook, By Engineers/Consultants (2016-2026) ($MN)
Table 16 Global Ultrasonic Flow Meter Market Outlook, By End-Users (2016-2026) ($MN)
Table 17 Global Ultrasonic Flow Meter Market Outlook, By Resellers (2016-2026) ($MN)
Table 18 Global Ultrasonic Flow Meter Market Outlook, By Original Equipment Manufacturers (OEMs) (2016-2026) ($MN)
Table 19 Global Ultrasonic Flow Meter Market Outlook, By Number of Paths (2016-2026) ($MN)
Table 20 Global Ultrasonic Flow Meter Market Outlook, By 6 or More Path Transit Time (2016-2026) ($MN)
Table 21 Global Ultrasonic Flow Meter Market Outlook, By 5- Path Transit Time (2016-2026) ($MN)
Table 22 Global Ultrasonic Flow Meter Market Outlook, By 4- Path Transit Time (2016-2026) ($MN)
Table 23 Global Ultrasonic Flow Meter Market Outlook, By 3 Path Transit-Time (2016-2026) ($MN)
Table 24 Global Ultrasonic Flow Meter Market Outlook, By 2 Path Transit-Time (2016-2026) ($MN)
Table 25 Global Ultrasonic Flow Meter Market Outlook, By 1 Path Transit-Time (2016-2026) ($MN)
Table 26 Global Ultrasonic Flow Meter Market Outlook, By Distribution Channel (2016-2026) ($MN)
Table 27 Global Ultrasonic Flow Meter Market Outlook, By Online (2016-2026) ($MN)
Table 28 Global Ultrasonic Flow Meter Market Outlook, By Independent Representatives (2016-2026) ($MN)
Table 29 Global Ultrasonic Flow Meter Market Outlook, By Distributors (2016-2026) ($MN)
Table 30 Global Ultrasonic Flow Meter Market Outlook, By Direct Sales (2016-2026) ($MN)
Table 31 Global Ultrasonic Flow Meter Market Outlook, By Application (2016-2026) ($MN)
Table 32 Global Ultrasonic Flow Meter Market Outlook, By Petroleum Liquid (2016-2026) ($MN)
Table 33 Global Ultrasonic Flow Meter Market Outlook, By Natural Gas (2016-2026) ($MN)
Table 34 Global Ultrasonic Flow Meter Market Outlook, By Non-Petroleum Liquid (2016-2026) ($MN)
Table 35 Global Ultrasonic Flow Meter Market Outlook, By Steam (2016-2026) ($MN)
Table 36 Global Ultrasonic Flow Meter Market Outlook, By Other Applications (2016-2026) ($MN)
Table 37 Global Ultrasonic Flow Meter Market Outlook, By End User (2016-2026) ($MN)
Table 38 Global Ultrasonic Flow Meter Market Outlook, By Power Generation (2016-2026) ($MN)
Table 39 Global Ultrasonic Flow Meter Market Outlook, By Oil & Gas (2016-2026) ($MN)
Table 40 Global Ultrasonic Flow Meter Market Outlook, By Water & Wastewater (2016-2026) ($MN)
Table 41 Global Ultrasonic Flow Meter Market Outlook, By Pharmaceuticals (2016-2026) ($MN)
Table 42 Global Ultrasonic Flow Meter Market Outlook, By Pulp & Paper (2016-2026) ($MN)
Table 43 Global Ultrasonic Flow Meter Market Outlook, By Refining & Petrochemicals (2016-2026) ($MN)
Table 44 Global Ultrasonic Flow Meter Market Outlook, By Metals and Mining (2016-2026) ($MN)
Table 45 Global Ultrasonic Flow Meter Market Outlook, By Chemicals (2016-2026) ($MN)
Table 46 Global Ultrasonic Flow Meter Market Outlook, By Food & Beverages (2016-2026) ($MN)
Table 47 Global Ultrasonic Flow Meter Market Outlook, By Other End Users (2016-2026) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Cross-segment Market Size and Analysis for
Mentioned Segments
