Global Ultrasonic Flowmeter Market is expected to grow at a robust CAGR
Global Ultrasonic
Flowmeter Market is expected to grow owing to rising demand for hybrid
ultrasonic flow meter in order to measure gaseous liquids and solids-bearing throughout
the forecast period.
According to TechSci
Research report, “Ultrasonic
Flowmeter Market - Global Industry Size, Share, Trends, Opportunity, and
Forecast 2018-2028”, the Global Ultrasonic Flowmeter Market is
expected to register robust growth during the forecast period. The demand for
ultrasonic flowmeters is driven by their exceptional accuracy in measuring and calculating
fluid velocity. The notable efficiency and precision of ultrasonic flowmeters
can be attributed to their non-mechanical operation, which eliminates wear and
tear and minimizes pressure drop. Additionally, these flowmeters allow
bidirectional measurements and are particularly effective for clamp-on
applications. The non-invasive nature of ultrasonic flowmeters further
contributes to their appeal, as they can obtain measurements without direct
contact with the fluid or the need for pipe cutting. These flowmeters are
renowned for their accuracy, reliability, and low maintenance requirements.
Furthermore, the increasing energy demand and subsequent growth in refinery
operations have significantly bolstered the demand for ultrasonic flow meters. Emerging markets, particularly in Asia-Pacific, Latin America, and
Africa, are currently undergoing rapid industrialization and urbanization.
These regions require flow measurement solutions to support infrastructure
development, water management, and industrial processes. The integration of
ultrasonic flowmeters with Industry 4.0 principles and the Internet of Things
(IoT) offers significant opportunities. Real-time monitoring, predictive
maintenance, and remote data access are increasingly crucial aspects for
industrial processes.
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Based on technology, the Transit-time segment is expected to
dominate the market during the forecast period. When the liquid is at rest, the
travel times of upstream and downstream signals are equal. However, in the
presence of flow, the upstream signal requires more time to travel compared to
the downstream signal, and this time difference is accurately measured.
Transit-time flowmeters find extensive application in process industries for
measuring chemical flows. Their compatibility with a wide range of chemicals
and corrosive fluids makes them highly valuable in such applications. In power
plants, transit-time flowmeters are employed to measure cooling water flows,
monitor fuel consumption, and ensure precise boiler feedwater control for
efficient operation and accurate billing. Clamp-on or non-invasive transit-time
flowmeters can be easily installed externally, making them suitable for
retrofitting onto existing pipelines without causing disruption to ongoing
operations. Industries are increasingly adopting transit-time flowmeters to
meet environmental regulations pertaining to water usage and wastewater
discharge. By providing accurate flow measurements for optimization,
transit-time flowmeters greatly support energy-efficient operations. In
summary, the Transit-time segment in the Global Ultrasonic Flowmeter Market
stands out for its accuracy, versatility, and applicability across diverse
industries. As industries place greater emphasis on accurate flow measurement,
environmental compliance, and energy efficiency, transit-time flowmeters
continue to play a crucial role in meeting these needs. Furthermore,
advancements in digital integration and increased awareness of their benefits
are anticipated to drive further growth in this segment. Based on end-use
industry, Waste and Wastewater segment is projected to dominate the market
throughout the forecast period. products. Ultrasonic flow meters are widely
utilized in various industries today. These flow meters offer exceptional
results by relying on a non-intrusive measurement principle that minimizes
pressure loss, given that the conditions are suitable for their application.
They can be utilized on all standard pipe sizes in water treatment plants,
while finding primary use in water and wastewater management within industrial
environments. Extensive research and development in sensors and signal
processing have led to the integration of sophisticated flow meters into highly
complex applications involving measurement, control, and regulation. Key
industry players are now offering ultrasound flow meters for water
applications, such as NIVUS with their cost-efficient Type OCM Doppler systems.
These systems cover a wide range of measurement and control tasks in standard
water and wastewater applications, making them the preferred solution for determining
extraneous water discharge and billing purposes. The NivuFlow 750 instrument
series utilizes scientific hydraulic models to accurately determine flow rates.
Market vendors are actively pursuing new product developments in the water and
wastewater industries, further driving the growth of this segment. By enhancing
sludge flow measurement, water facilities can improve accuracy in payables to
hauling transportation companies. Moreover, reduced operational and maintenance
costs can be achieved by minimizing trucking needs and troubleshooting time
spent on custody transfer measurement and line flushing to minimize build-up.
Considering the future requirements of water and wastewater facility
infrastructure, it is evident that multiple components need to be considered to
ensure optimized operations and process continuity.
Key market players in the
Global Ultrasonic Flowmeter Market are:-
- Baker Hughes Company (GE)
- Endress+Hauser Group
Services AG
- Fuji Electric Co. Ltd
- Honeywell International Inc.
- Emerson Electric Co.
- Badger Meter Inc.
- Omega Engineering Inc
(Spectris plc)
- KROHNE Group
- Teledyne Technologies
Incorporated
- Bronkhorst High-Tech BV
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“Asia Pacific is expected to
be the dominating region during the forecast period. Numerous countries in the
region are spearheading water conservation initiatives, propelling the uptake
of ultrasonic flowmeters for effective water management and leak detection.
Industries in the Asia-Pacific are placing greater emphasis on energy
efficiency, with ultrasonic flowmeters playing a pivotal role in optimizing
processes to minimize energy consumption and emissions.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Ultrasonic Flowmeter
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Transducer Type (Spool piece,
Inline, Clamp-on and Others), By Technology (Transit-time,
Doppler and Hybrid), By End-Use Industry (Water & Wastewater Management,
Oil & Gas, Chemical, Power Generation and Others), By Region, Competition
2018-2028,”
has evaluated the future
growth potential of Global Ultrasonic Flowmeter Market and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Ultrasonic Flowmeter Market.
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