Ultrasonic Flow Meter Market 2019 Global Trend, Segmentation and Opportunities, Forecast 2026
Ultrasonic Flow Meter Market:WiseGuyReports.com adds “Global Ultrasonic Flow Meter Market Size study, by Implementation Type, Measurement Technology, Number Of Paths, End-Users and Regional Forecasts 2019-2026” reports to its database.
Executive Summary
Flowmeters that use sound waves to determine at what speed and in what direction the water is traveling is called an ultrasonic flow meter. For an ultrasonic flow meter to work effectively they require the presence of bubbles or different particulates in the flow of the liquid. Any conductive or water-based liquid is ideal for the ultrasonic flow meter to function. Ultrasonic flow meters work under the principle of the Doppler Effect. When there is no flow in the liquid the frequencies for both transmission and reflection are the same.
As the fluid which is being measured moves faster the frequency shift also increases in a linear direction. Depending on the signal received by signals from the transmitted wave and its reflection, the flow rate of the liquid can be measured. The technology is very accurate, making it a common measuring device for expensive fluids. The liquid can be measured from the most minuscule range to the highest value in the scale while it is extremely reliable. It can handle extreme temperatures and pressures without penetrating the pipe.
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The report published on the global ultrasonic flow meter market defines the market sizes of the various segments in the market as well as the different countries to forecast the market for the following eight years. It incorporates all the qualitative and quantitative analyses performed in the industry segmented based on the different regions and countries. Crucial aspects that can drive the growth of the market like challenges and driving aspects are discussed in detail in the report along with available opportunities for stakeholders.
Market Segmentation
The global ultrasonic flow meter market is split into different market segments to simplify the collection of data based on the different implementation types that are used, the measurement technology, the number of paths that each meter has, and the different end-users in each market.
Ultrasonic flow meter market split based on the implementation type:
Clamp-on
Incline
Other implementation types
Market split based on the measurement technology used:
Transit time
Doppler
Hybrid
Market split based on the number of paths:
Path transit time
Above path transit time
Market split based on the end-user:
Oil and gas
Power generation
Water and water water
Others
Regional Analysis
Asia-Pacific is the leading region while most manufacturing plants of flow meters are also situated in this region. The global ultrasonic flow meter market was valued at close to US$1.4 billion in the year 2018 with an anticipated growth rate of 6.5% from the year 2019 to the year 2026. The scope of applications in the hydrocarbon industry is vast and is projected to lead to the growth of the market. The Asia-Pacific region is projected to exhibit the highest annual growth rate for the forecast period of 2019 to 2026. Factors that are projected to improve the growth rate are rising investment in the water industry and the refining industry.
Industry News
Badger Meter, an American company that specializes in the meter industry have recently introduced the Dynasonics TFX-500 ultrasonic clamp-on flow and energy meters. These new meters are designed to be non-invasive and are ideal for use in wastewater treatment and water treatment fields. They are a versatile method of measuring volumetric flow.
Continuous…
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