May 12, 2021   SOURCE: BusinessWire

Worldwide Ultrasonic Flowmeter Industry to 2027 - Featuring Badger Meter, Emerson Electric and Index Among Others - ResearchAndMarkets.com

The "Ultrasonic Flowmeter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global ultrasonic flowmeter market reached a value of US$ 1.53 Billion in 2020. Looking forward, the publisher expects the global ultrasonic flowmeter market to exhibit moderate growth during the next five years.

An ultrasonic flowmeter is a device that is used to measure the quantity of a liquid or gas that is moving through a pipe. The device measures the fluid velocity which further calculates the motion of gas or any liquid flowing. The velocity of the material flowing is measured with the help of ultrasonic transducers. Along with liquid, one can also measure the velocity of molten sulphur, chemicals, cryogenic liquids and even gases. This device generally works on three different principles namely transit time difference, doppler effect principle, and open channel principle. Ultrasonic flowmeters are mainly used in industries like wastewater, chemical, food and beverages, mining, metals, pharmaceuticals, power generation, paper and pulp industry, etc.

The accuracy of the ultrasonic flowmeters in taking measurements and calculating the velocity of the fluids is a key factor that is driving its demand. The high efficiency and accuracy of ultrasonic flowmeters can be attributed to the fact that they do not suffer mechanical wear and tear, do not cause a drop in the pressure of the fluid flowing through the pipe, and can be used for bidirectional measurements as well. Ultrasonic flowmeters are playing a major role in making bidirectional measurements that can be done with clamp-on flowmeters. Another major factor that is driving the demand of ultrasonic flowmeters is their non-invasive nature. These flowmeters do not require to come in contact with the fluid or involve cutting of the pipe in order to take the measurements. They are highly accurate, reliable and require low-maintenance. Moreover, the rising number of refineries catalyzed by increasing energy demand is also driving the demand of ultrasonic flow meters.

Companies Mentioned

  • Asea Brown Boveri Ltd.
  • Badger Meter Inc.
  • Emerson Electric Co.
  • Emerson Process Management
  • Faure Herman SA
  • General Electric
  • Hach/Marsh McBirney Inc.
  • Honeywell International Inc.
  • Index Corporation
  • Invensys Process Systems
  • Rockwell Automation Inc.
  • Siemens AG
  • Teledyne Isco Inc.
  • Yamatake Co
  • Yokogawa Electric Co

Key Questions Answered in This Report:

1. What was the global ultrasonic flowmeter market size in 2020?

2. What will be the ultrasonic flowmeter market outlook during the forecast period (2021-2026)?

3. What are the major trends in the global ultrasonic flowmeter market?

4. What are the global ultrasonic flowmeter market drivers?

5. What is the impact of COVID-19 on the global ultrasonic flowmeter market?

6. What is the global ultrasonic flowmeter market breakup by product type?

7. What is the global ultrasonic flowmeter market breakup by number of paths?

8. What is the global ultrasonic flowmeter market breakup by technology type?

9. What is the global ultrasonic flowmeter market breakup by distribution channel?

10. What is the global ultrasonic flowmeter market breakup by application?

11. What are the major regions in the global ultrasonic flowmeter market?

12. Who are the leading ultrasonic flowmeter manufacturers?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Ultrasonic Flowmeter Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Breakup by Product Type

5.5 Market Breakup by Number of Paths

5.6 Market Breakup by Technology Type

5.7 Market Breakup by Distribution Channel

5.8 Market Breakup by Application

5.9 Market Breakup by Region

5.10 Market Forecast

5.11 SWOT Analysis

5.12 Value Chain Analysis

5.13 Porters Five Forces Analysis

6 Market Breakup by Product Type

6.1 Spool Peice

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Insertion

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Clamp-On

6.3.1 Market Trends

6.3.2 Market Forecast

6.4 Others

6.4.1 Market Trends

6.4.2 Market Forecast

7 Market Breakup by Number of Paths

7.1 3-Path Transit Time

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 4- Path Transit Time

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 5- Path Transit Time

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 6 or More Path Transit Time

7.4.1 Market Trends

7.4.2 Market Forecast

8 Market Breakup by Technology Type

8.1 Transit Time - Single/Dual Path

8.2 Transit Time - Multipath

8.3 Doppler

8.4 Hybrid

9 Market Breakup by Distribution Channel

9.1 Direct Sales

9.2 Independent Representatives

9.3 Distributors

9.4 Online

10 Market Breakup by Application

10.1 Natural Gas

10.2 Non-Petroleum Liquid

10.3 Petroleum Liquid

10.4 Others

11 Market Breakup by Region

11.1 Asia Pacific

11.2 North America

11.3 Europe

11.4 Middle East and Africa

11.5 Latin America

12 Ultrasonic Flowmeter Manufacturing Process

12.1 Product Overview

12.2 Raw Material Requirements

12.3 Manufacturing Process

12.4 Key Success and Risk Factors

13 Competitive Landscape

13.1 Market Structure

13.2 Key Players

13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/2epsoj