Press release
Intelligent Flow Meter Market 2018 Global Leaders Overview: Nidec, Sierra Instruments, Azbil, Siemens AG, Yokogawa Electric, American Industrial Partners
Market Highlights
The global intelligent flow meter market has been evaluated as growing market and expected that the market will touch high growth figures in Asia-Pacific region during forecast period.
Intelligent Flow Meter market is increasing rapidly due to the growing need of highly accurate and precise equipment for flow calibration. Many global players such as Sierra Instruments, Inc., Nidec Corporation., and Honeywell International Inc. among others are investing in intelligent flow meter and are launching various types of flow meters equipped with advanced features in order to eliminate uncertainties and to reduce the maintenance cost.
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Recently, Emerson Automation Solutions (Nidec Corporation) has launched the Rosemount 8600 Utility Vortex Flow Meter that is specifically designed for utility applications and offers various benefits such as reduced installation costs, accurate and reliable flow measurement, while extending vortex technology into a wider range of applications. Also, Sierra Instruments, one of the prominent manufacturer of flow meters and controllers, introduced the vortex mass flow meters named InnovaMass 240i and 241i that is specifically designed for precise flow energy management in steam, compressed air, natural gas, and water applications. The InnovaMass flow meters are featured with the advanced Raptor II operating system that help the end-users in reducing the costs and increase productivity.
Segments:
Global Intelligent Flow Meter Market has been segmented on the Basis of type, communication protocol and Verticals. The Type includes Calorimetric, Multiphase Turbine, Vortex, Electromagnetic, Doppler, Ultrasonic, Thermal, and Coriolis among others. Communication Protocol has been identified as HART, Profibus, and Modbus among others. Verticals consist of chemical, power generation food & beverages, oil & gas, metals & mining, pulp & paper, pharmaceuticals among others.
Key Players
The prominent players in the market of Intelligent Flow Meter are- ABB Ltd. (U.S.), Sierra Instruments Inc. (U.S.), Nidec Corporation, (U.S.), Honeywell International Inc. (U.S.), Endress + Hauser AG (Switzerland), General Electric Company (U.S.), Azbil Corporation (Japan), Krohne Messtechnik GmbH (Germany), Siemens AG (Germany), Yokogawa Electric Corporation (Japan) and American Industrial Partners (U.S.) among others.
Market Research Analysis:
Market Research Future Analysis shows that Intelligent Flow Meter Market is growing rapidly and during the forecast period, it is expected to grow at CAGR of ~5%. The increasing demand of highly precise and accurate flow measuring devices is driving the intelligent flow meter market whereas high initial cost of intelligent flow meter is one of the restraining factor for the market.
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Intended Audience
• Original Equipment Manufacturer(OEMs)
• Product Manufacturer & Suppliers
• Flow Meter Suppliers
• Service Providers
• Research Organizations
• Technology consultants
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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