TechNavio today launched its report Global Ultrasonic Flowmeter Market 2012-2016 based on an in-depth analysis covering the Americas, the EMEA region, and the APAC region. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The development of smart ultrasonic flowmeters is one of the major emerging trends in the Global Ultrasonic Flowmeter market. Smart ultrasonic flowmeters are fieldbus-enabled flowmeters and are installed as part of a control system. The fieldbus-enabled ultrasonic flowmeters communicate through a fieldbus network and allow end-users to analyze information related to the functioning of the meter and even about the functioning of the overall process. These ultrasonic flowmeters involve several technically advanced electronic devices and installed visualization software that helps end-users monitor flow profiles, outcomes of flow conditioning, and blockage information.”
According to the report, the increasing demand from the Oil and Gas industry is one of the major drivers of the Global Ultrasonic Flowmeter market. The custody transfer of natural gas is increasingly creating demand for ultrasonic flowmeters across the globe.
Further, the report states that the increasing threat from cross-industry vendors is one of the major challenges confronting the Global Ultrasonic Flowmeter market. Ultrasonic flowmeters face stiff competition from other types of flowmeter such as coriolis, vortex, and magnetic flowmeters.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are Siemens AG, GE Co. and Emerson Electric Co.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-ultrasonic-flowmeter-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Ultrasonic Flowmeter Market 2012-2016
