TMCnet News
Global Flowmeter Market 2014-2018 - Market to Grow at a CAGR of 8.32%(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/stftmq/global_flowmeter) has announced the addition of the "Global Flowmeter Market 2014-2018" report to their offering. The Global Flowmeter market to grow at a CAGR of 8.32% to 2018. The development of smart ultrasonic flowmeters is one of the emerging trends in the Global Ultrasonic Flowmeter market. Smart ultrasonic flowmeters are fieldbus-enabled flowmeters and are installed as part of a control system. The fieldbus-enabled ultrasonic flowmeters communicate through a fieldbus network and allow end-users to analyze information related to the functioning of the meter and even about the functioning of the overall process. These ultrasonic flowmeters involve several technically-advanced electronic devices and installed visualization software that help end-users monitor flow profiles, outcomes of flow conditioning, and blockage information. According to the report, one of the major drivers is the increasing demand for the coriolis flowmeter across process industries. Coriolis flowmeters are being widely preferred across the process industries over turbine meters and multivariable differential pressure transmitters for mass flow measurement.Further, the report states that a major challenge in the market is the lack of effective product differentiation. The market has the presence of several local and international vendors; however, they are offering almost identical kinds of products to end-users. One of the key factors contributing to this market growth is the increasing demand for coriolis flowmeter across process industries. The Global Flowmeter market has also been witnessing the development of smart ultrasonic flowmeters. However, the lack of effective product differentiation could pose a challenge to the growth of this market. Key vendors dominating this space are: - ABB Ltd - GE Co. - Emerson Electric Co. - Siemens AG. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Product - Market Segmentation by End-users - Geographical Segmentation - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis Visit http://www.researchandmarkets.com/research/stftmq/global_flowmeter CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Engineering (http://www.researchandmarkets.com/categories.asp?cat_id=50&campaign_id=stftmq) . (c) 2014 M2 COMMUNICATIONS |