What is Ultrasonic Flow Meter Market?
An ultrasonic flow meter is a volumetric flow meter that measures the velocity of a fluid with ultrasound to calculate volume flow. These are ideal for wastewater applications or dirty liquid which is conductive or water-based. It can measure the average velocity along the path of an emitted beam of ultrasound using ultrasonic transducers. It can clamp on pipe with no penetration. A portable ultrasonic flow meter converter can be used as a direct method to determine the flow rates effectively compared to other types of flow meters. It has low maintenance cost as it does not have moving parts to replace or lubricate.
The market study is being classified by Type (Clamp-On, Inline and Others), by Application (Water and Waste Water, Refining and Petrochemicals, Oil and Gas, Chemicals, Power Generation, Pharmaceuticals and Others) and major geographies with country level break-up.
Siemens AG (Germany), Schneider Electric (France), Danfoss (Denmark), Fuji Electric (Japan), Badger Meter (United States), GE (United States), Endress+Hauser (Switzerland), KROHNE Group (Germany), ELIS PLZEN a. s. (Czechia) and Honeywell International Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Cameron Measurement Systems (United States), Emerson (United States) and Titan Enterprises Ltd (India).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ultrasonic Flow Meter market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Ultrasonic Flow Meter market by Type, Application and Region.
On the basis of geography, the market of Ultrasonic Flow Meter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Ease of Operation and Low Maintenance
- Provides Accurate Flow Measurement
Market Trend
- Technological Advancements and Improvements in Flow Meters
Restraints
- High Cost of the Ultrasonic Flow Meter Compared To Other Types of Flow Meter
- Dirt and fluid impact performance and measurement accuracy
Opportunities
- Growing Demand from Water and Waste Water Industry
- Rising Demand for Smart and Intelligent Flow Meters
Challenges
- Lower Adoption Rate Compared To Traditional Flow Meters
On 13th June 2018, Badger Meter, a leading global innovator and manufacturer of flow measurement, control and communications solutions, launched new E-Series Ultrasonic Meters for commercial applications.
Key Target Audience
Ultrasonic Flow Meter Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user