Ultrasonic Flow Meter Market - Global Industry Analysis, Share, Size and Forecast, 2019 - 2024

1. Global Ultrasonic Flowmeter Market Research Report and Forecast Report Edition: 2019 © 2019 IMARC All Rights Reserved Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Global Ultrasonic Flowmeter Market Overview: According to the latest report by IMARC Group, titled “Ultrasonic Flowmeter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global ultrasonic flowmeter market reached a value of more than US$ 1 Billion in 2018. An ultrasonic flowmeter is an instrument which measures the velocity of a gas or liquid flowing through the pipe with the help of ultrasonic transducers. Their principle of operation is dependent upon the speed at which high-frequency sound propagates. These flowmeters are used with corrosive and abrasive liquids as they do not obstruct the flow of liquid passing through the pipelines. As a result, they have gained acceptance in applications where chemical compatibility, and low maintenance and pressure drop are required. In recent years, manufacturers have developed ultrasonic flowmeters incorporated with latest technologies, such as hybrid and portable ultrasonic flowmeters, to improve the accuracy of measurement. Ultrasonic Flowmeter Market Trends Ultrasonic flowmeters are inexpensive, easy to install, and highly accurate and sensitive. They also have bi-directional flow capability, good measurement repeatability, and require less maintenance than conventional meters.

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 For instance, manufacturers are introducing advanced ultrasonic flowmeters integrated with multi-path ultrasonic sensing capabilities using improved software. Looking forward, the market value is projected to reach nearly US$ 2 Billion by 2024, expanding at a CAGR of 8.6% during 2019-2024. Request for a free sample report: https://www.imarcgroup.com/ultrasonic-flowmeter- market/requestsample

5. Report Description and Highlights Report Description Owing to these economic and operational advantages, they are increasingly being used in the water and wastewater treatment to measure the dosage of chemicals, monitor methane discharge, and evaluate large volumes of fluid carrying sludge by-products, suspended solids and other materials. Apart from this, advancements in the ultrasonic technology and computing capabilities have helped in enhancing flowmeter performance and measurement in continuous industrial processes and detecting secondary flow in pipelines. Ultrasonic Flowmeter Market Segmentation: Market Segmentation by Product Type • • • • Spool Peice Insertion Clamp-On Others Based on the product type, spool piece is the most popular type of ultrasonic flowmeter across the globe. Other major product types include insertion, clamp-on and others.

6. Report Description and Highlights Report Description Market Segmentation by Number of Paths • • • • 3-Path Transit Time 4- Path Transit Time 5- Path Transit Time 6 or More Path Transit Time On the basis of the number of paths, the market has been segregated into 3-path transit time, 4-path transit time, 5-path transit time and 6 or more path transit time. Market Segmentation by Technology • • • • Transit Time - Single/Dual Path Transit Time - Multipath Doppler Hybrid Based on the technology, the market has been segmented into transit time single/dual path, transit time – multipath, doppler and hybrid.

7. Report Description and Highlights Report Description Market Segmentation by Distribution Channel • • • • Direct Sales Independent Representatives Distributors Online On the basis of the distribution channel, the market has been divided into direct sales, independent representatives, distributors and online. For more information, click here: https://www.imarcgroup.com/ultrasonic-flowmeter-market Market Segmentation by Application • • • • Natural Gas Non-Petroleum Liquid Petroleum Liquid Others

8. Report Description and Highlights Report Description The market has also been classified on the basis of application into natural gas, non-petroleum liquid, petroleum liquid, and others. Currently, natural gas represents the largest application segment. Market Segmentation by Region • • • • • Asia Pacific North America Europe Middle East and Africa Latin America Region-wise, Europe enjoys the leading position in the global ultrasonic flowmeter market. Other major regions are North America, Asia Pacific, Middle East and Africa, and Latin America. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

9. Report Description and Highlights Report Description • • • • • • • • • • • • • • • 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.

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12. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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