Friday 2 June 2017

Developments in US flowmeters.

It has been more than four years since Flow Research, published their last Ultrasonic Flowmeter study. During this time, a lot has changed in the ultrasonic flowmeter market. Oil and gas prices have come down, impacting the business of many companies. But now oil and gas prices are on the way back up. Suppliers have made more progress in developing multipath meters for custody transfer applications, for both liquid and gas. They have also been active in producing ultrasonic flowmeters with enhanced diagnostic capabilities.

Flow Research has taken a fresh look at this dynamic market. The ultrasonic flowmeter market has been one of the best performers in terms of growth over the years, and it is important therefore to gauge its performance in 2016 and beyond. Ultrasonic flowmeters are still displacing traditional technology meters in natural gas and petroleum liquid applications. They have virtually no pressure drop, are highly accurate, and have no moving parts. And ultrasonic suppliers continue to do research and release new products and features into this fast-moving market.

Their new study is called The World Market for Ultrasonic Flowmeters, 5th Edition, and it has a base year of 2016. It is made up of three separate studies:

  • Core Study: A complete picture of the entire ultrasonic flowmeter market
  • Module A: The Inline Ultrasonic Flowmeter Market, including detailed segmentation about Inline Ultrasonic Flowmeters, both single path and multipath.
  • Module B: The Core and Insertion Ultrasonic Flowmeter Markets, including detailed segmentation about each type.

Dr Jesse Yoder of Flow Research tells us that he has produced an overview for this study, which includes a Core Study plus Modules A and B.  "The Ultrasonic Study has always been one of our most popular ones. We think this is an especially important time to look at this market."

 @flowresearch #PAuto

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