MagMeter Market study.

Flow Research have completed  and published a new Magnetic Flowmeter study.   It contains some surprising and unexpected results. As it turns out, the magnetic flowmeter market was more affected by the downturn in oil prices than was anticipated. Applications for water measurement in the hydraulic fracturing, or “fracking,” industry are among the reasons. The study contains hard data on the changes in the market since 2013, and quantifies these changes by region, by segment, and by technology.

The World Market for Magnetic Flowmeters, 6th Edition is now ready for shipping. The on-line overview may be read here (pdf).

The magnetic flowmeter market has many unique aspects that make this study of vital importance to anyone competing in this market. Liner types, line sizes, coil power types, and battery operation are among the segments considered. Unlike many flowmeters, magnetic flowmeters do not measure the flow of gas, steam, or hydrocarbon liquids. Yet they loom large in water and slurry flow measurement, in hydrofracking, in pulp and paper, and in many other areas. Magnetic flowmeters are especially popular in Europe, and major suppliers are located there, in the United States, and in Japan.

Some of the important trends identified are the growing use of insertion meters, wireless technology, and battery operated magnetic flowmeters. The study has also segmented the clean water from the wastewater market in this study.

Some say that water is the new oil. Whether or not this is true, there is no question that water flow measurement is more critical than ever in a world in which clean and potable water is an increasingly scarce commodity. This study makes it clear that magnetic flowmeter technology is changing, and that it is more important than ever today. This study will be of special interest to any companies looking to expand their magnetic flowmeter product line, or potentially to add magnetic flowmeters to their current offerings.

#FlowResearch #PAuto