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Flow Meter Market 2021 Latest Products by Leading Players and Forecast to 2026

05-18-2021 09:46 AM CET | Energy & Environment

Press release from: Allied Market Research

Flow Meter Market

Flow Meter Market

The launch of new products have been carried out with a crucial objective in mind: improve capabilities and widen the application scope. With flow meter manufacturers, there is no exception. They have launched innovative products and upgraded their existing ones to improve the capabilities and widen application areas. In addition, new products have been designed by taking safety and accuracy measures into consideration. They have included some features that would make these products stand out from its competitors. These new products also offer cost- and time-saving benefits along with security and efficiency. The demand for these improved flow meters is expected to grow considerably in the next few years for different purposes. According to the report published by Allied Market Research, the global flow meter market is estimated to reach $11.9 billion by 2026. Following are some of the activities taking place across the world.

New product launches is one of the crucial strategies adopted by market players to gain major share and competitive edge. Emerson launched a new flow meter Micro Motion CoriolisHPC015 for chemical injection and high-pressure hydrogen dispensing applications. In these applications, safety and accuracy are essential factors. This newly launched product provides flow accuracy margin of 0.1% for liquid and 0.5% for gas. This margin is a considerable improvement over other meters available in the flow meter market.

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It is capable of performing under variations in pressure and temperature and offering reliability and security along with eliminating the requirement for interim maintenance and pre-inspections. This, in turn, saves time and cost. Tim Drost, the Senior Coriolis Product Marketing Manager from Emerson, outlined that the product is safe, accurate, and reliable for measurement of flow at high pressure and changing temperature. In addition, this product has been designed by taking challenged faced by their customers into consideration along with an aim to reduce costs.

New products for different applications have been designed and launched to cater to different needs. Fuji Electric launched an UltraSonic Flow Meter for saturated steam applications. This became the worlds first ever clamp-on type flow meter. It has been designed for optimization and efficiency along with accurate measurements. This product finds its application in industries such as food, paper, pulp, steel, chemical, electronics, and others for utilizing saturated steam for cleaning purposes. High-sensitivity and innovative noise reduction technologies have been utilized for development of this product. These technologies help in measurement of saturated steam flow rate at extremely low pressure and high temperatures.

Sri ram Ramakrishnan, the MD at Fuji Electric India, highlighted that these flow meters are designed and developed for users that need devices with high reliability, accuracy, and ease in installation.He added that this new productshows company’s energy management solution (EMS) through optimization, recognition, and visualization for assisting maintenance and operations managers in overcoming challenges regarding steam flow energy management and providing optimum results.

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Along with offering new products, flow meter market players have been updating their products to expand the scope of application and improve capabilities. Innoquest Inc. launched two updated flow meters that have better capacities as compared to their previous versions for expansion of its reach in new markets.The SpotOn SC-5 Universal Flow Meter and the SpotOn Mega Flow Meter are focused specifically on the water audit industry.The SpotOn SC-5 Universal Flow Meter is an update of the SpotOn Sprayer Calibrator Model SC-4, which was primarily focused on the agriculture industry. The updated product has larger capacity and better accuracy as compared to its predecessor. So, it can be utilized in the water audit sector for track flow rate of sprayers and nozzles along with faucets and showers.

The SpotOn Mega Flow Meter is an updated version of the SpotOn Irrigation Flow Meter. It has better flow capacity (44 GPM)as compared to its predecessor (25 GPM). This enables the broader usage of the updated version. It also has an internal collection cavity that eliminates the requirement of preparation work, which in turn, saves time of the user. This updated version has an improved accuracy of +/-3% over the flow range of zero to 30 GPM. It can rapidly check irrigation nozzle flow, regulator function, safety, and pump flow.

Flow meter market players have launched new flow meters for achieving energy saving. SICK launched its FTMg thermal flow meter for simultaneous measurement of gas flow, pressure and temperature and computing combined values for detection of leaks. It can be utilized primarily for pneumatic systems and tracking energy consumption of compressed air in real-time. An on-board algorithm is utilized for storing values of pressure, flow, and temperature for calculating energy of gas that can be passed through flow channels. Through comparison of electric power demand of compressors, the changes in efficiency of pneumatic system can be detected. Then process efficiency can be improved and energy can be saved across the plant.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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