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Ultrasonic Flow Meter Market Size, Analysis, and Forecast Report 2027
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Ultrasonic Flow Meter Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved
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Ultrasonic Flow Meter Market: Wet and Stabilize Pigments Ultrasonic flow meters use sound waves to determine the velocity of a fluid flowing in a pipe. At no flow condition, the frequency of an ultrasonic wave transmitted into a pipe and the frequency of the reflected wave from the fluid are the same. Under flowing condition, the frequency of the reflected wave is different from the frequency of wave transmitted into a pipe, due to the Doppler Effect. When the fluid moves faster, the frequency shift increases linearly. The transmitter processes signals from the transmitted wave and its reflections to determine the flow rate. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Key drivers of global ultrasonic slow meter market • Demand for ultrasonic flow meter is expected to rise during the forecast period, as it is a cost-effective technology and owing to its usage in various applications specific industries such as oil & gas • Expansion of the market can be attributed to several factors such as increasing green field investments in China, increase in shale gas exploration activities in the U.S, and rise in demand for advanced flow measuring technologies. • Expansion of the energy industry across the globe is a key factor driving the global ultrasonic flow meter market. Moreover, recent development of multipath meters and rising demand for flow meters for custody transfer applications are key factors fueling the global ultrasonic flow meter market. • In terms of measurement technology, the transit-time segment dominated the global market in 2018, owing to its owing to its ability to measure bi-directional and precise flow. This technology can be utilized for both natural gas and petroleum liquid.
Oil & gas segment to offer attractive opportunities The oil & gas segment is estimated to expand at a rapid pace during the forecast period owing to the need for precise accuracy flow measurement in custody transfer applications in the oil & gas industry. Ultrasonic flow meters are also utilized for pump testing & inspection, methanol & water injection metering, verification of in-line meters, and water measurements. Ultrasonic flow meters are presently widely used in chemical and refining industries to measure processed gasses. Ultrasonic meters perform well in large pipe sizes, as size is also advantageous for ultrasonic meters as they have more scope for the ultrasonic signal to cross. Ultrasonic flow meters are also employed in the refining & petrochemicals sector to measure the flow of petroleum and non-petroleum liquids, thus driving the global market significantly. ©2019 Transparency Market Research, All Rights Reserved
Key players using ultrasonic flow meters Cameron Katronic Endress+Hauser Krohne Emerson ©2019 Transparency Market Research, All Rights Reserved
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