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Global Ultrasonic Flow Meter Market: By Product Type: Spool Piece, Insertion, Clamp-On; By Number of Paths; By Technology Type; By Distribution Channel; By Application: Natural Gas, Petroleum Liquid, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Ultrasonic Flow Meter Market Outlook

The global ultrasonic flow meter market is expected to expand from nearly USD 2 billion in 2020 to USD 2.95 billion by 2026 at a CAGR of 6.5% over the forecast period of 2021-2026.

 

Global Ultrasonic Flow Meter Market

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This development can be attributed to the increased demand for ultrasonic flow measurement techniques, increased investment in green fields in China, and increased operations for shale gas exploration in the US.

 

Properties and Applications

To calculate the bulk stream, ultrasonic flow meters evaluate the velocity of an ultrasonic fluid. The global ultrasonic flow meter industry can be divided on the basis of segments like product type, number of paths, technology type, distribution channel, and application. The industry can be divided on the basis of its product type as spool piece, insertion, and clamp-on. The market can be classified on the basis of its number of paths as 3-path transit time, 4-path transit time, 5- path transit time, and 6 or more path transit time. The industry can be further divided based on technology into:

 

Global Ultrasonic Flow Meter Market By Region

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  • Transit Time - Single/Dual Path
  • Transit Time - Multipath
  • Doppler
  • Hybrid

The market can be divided on the basis of its distribution channel as direct sales, independent representatives, distributors, and online. It can be broadly categorised on the basis of its applications into:

  • Natural Gas
  • Non-Petroleum Liquid
  • Petroleum Liquid
  • Others

The EMR report looks into the regional ultrasonic flow meter markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Ultrasonic Flow Meter Market By Region

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Market Analysis

The factors that are driving the ultrasonic flow meter market growth include the need for accurate measurement and the growing product demand from oil and gas, along with water and wastewater industries, for ease of operation. The possible constraints are the high initial cost of ultrasonic flow meters and inaccurate measurements in the vertically downward flow line.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global ultrasonic flow meter market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ABB Asea Brown Boveri Ltd. 
  • Badger Maeter Inc.
  • Emerson Electric Co.
  • Faure Herman SA
  • General Electric Company (NYSE: GE)
  • Hach company
  • Honeywell International Inc.

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Number of Paths, Technology Type, Distribution Channel, Application, Region
Breakup by Product Type Spool Piece, Insertion, Clamp-On
Breakup by Number of Paths 3-Path Transit Time, 4-Path Transit Time, 5- Path Transit Time, 6 or More Path Transit Time
Breakup by Technology Type Transit Time - Single/Dual Path, Transit Time - Multipath, Doppler, Hybrid
Breakup by Distribution Channel Direct Sales, Independent Representatives, Distributors, Online
Breakup by Application Natural Gas, Non-Petroleum Liquid, Petroleum Liquid, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ABB Asea Brown Boveri Ltd., Badger Meter Inc., Emerson Electric Co., Faure Herman SA, General Electric Company, Hach Company, Honeywell International Inc.
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis 
4    Global Ultrasonic Flow Meter Market Analysis
    4.1    Global Ultrasonic Flow Meter Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Ultrasonic Flow Meter Market Breakup by Product Type
        4.2.1    Spool Piece
        4.2.2    Insertion
        4.2.3    Clamp-On
    4.3     Breakup by Product Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Spool Piece
        4.3.2    Insertion
        4.3.3    Clamp-On
    4.4    Global Ultrasonic Flow Meter Market Breakup by Number of Paths
        4.4.1    3-Path Transit Time 
        4.4.2    4-Path Transit Time
        4.4.3    5- Path Transit Time
        4.4.4    6 or More Path Transit Time
    4.5     Breakup by Number of Paths: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    3-Path Transit Time 
        4.5.2    4-Path Transit Time
        4.5.3    5- Path Transit Time
        4.5.4    6 or More Path Transit Time 
    4.6    Global Ultrasonic Flow Meter Market Breakup by Technology Type
        4.6.1    Transit Time - Single/Dual Path
        4.6.2    Transit Time - Multipath
        4.6.3    Doppler
        4.6.4    Hybrid
    4.7     Breakup by Technology Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.7.1    Transit Time - Single/Dual Path
        4.7.2    Transit Time - Multipath
        4.7.3    Doppler
        4.7.4    Hybrid 
    4.8    Global Ultrasonic Flow Meter Market Breakup by Distribution Channel
        4.8.1    Direct Sales
        4.8.2    Independent Representatives
        4.8.3    Distributors
        4.8.4    Online
    4.9     Breakup by Distribution Channel: Historical Market (2016-2020) & Forecast (2021-2026)
        4.9.1    Direct Sales
        4.9.2    Independent Representatives
        4.9.3    Distributors
        4.9.4    Online 
    4.10    Global Ultrasonic Flow Meter Market Breakup by Application
        4.10.1    Natural Gas
        4.10.2    Non-Petroleum Liquid
        4.10.3    Petroleum Liquid
        4.10.4    Others
    4.11     Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        4.11.1    Natural Gas
        4.11.2    Non-Petroleum Liquid
        4.11.3    Petroleum Liquid
        4.11.4    Others 
    4.12    Global Ultrasonic Flow Meter Market Breakup by Region
        4.12.1    North America
            4.12.1.1    United States of America
            4.12.1.2    Canada
        4.12.2    Europe
            4.12.2.1    Germany
            4.12.2.2    United Kingdom
            4.12.2.3    France
            4.12.2.4    Italy
            4.12.2.5    Others
        4.12.3    Asia Pacific
            4.12.3.1    China
            4.12.3.2    Japan
            4.12.3.3    India
            4.12.3.4    ASEAN
            4.12.3.5    Others
        4.12.4    Latin America
            4.12.4.1    Brazil
            4.12.4.2    Argentina
            4.12.4.3    Mexico
            4.12.4.4    Others
        4.12.5    Middle East & Africa
            4.12.5.1    Saudi Arabia
            4.12.5.2    United Arab Emirates
            4.12.5.3    Nigeria
            4.12.5.4    South Africa
            4.12.5.5    Others
    4.13     Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.13.1    North America
            4.13.1.1    United States of America
            4.13.1.2    Canada
        4.13.2    Europe
            4.13.2.1    Germany
            4.13.2.2    United Kingdom
            4.13.2.3    France
            4.13.2.4    Italy
            4.13.2.5    Others
        4.13.3    Asia Pacific
            4.13.3.1    China
            4.13.3.2    Japan
            4.13.3.3    India
            4.13.3.4    ASEAN
            4.13.3.5    Others
        4.13.4    Latin America
            4.13.4.1    Brazil
            4.13.4.2    Argentina
            4.13.4.3    Mexico
            4.13.4.4    Others
        4.13.5    Middle East & Africa
            4.13.5.1    Saudi Arabia
            4.13.5.2    United Arab Emirates
            4.13.5.3    Nigeria
            4.13.5.4    South Africa
            4.13.5.5    Others
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    EKDA For Price
    7.1    Labor
    7.2    Utilities
    7.3    Other Input Costs
    7.4    Market Dynamics
8    EKDA For Demand
    8.1    Government Regulations
    8.2    Market Competition
    8.3    Price
    8.4    Availability
9    Competitive Landscape & Supplier Analysis
    9.1    ABB Asea Brown Boveri Ltd.
    9.2    Badger Meter Inc.
    9.3    Emerson Electric Co.
    9.4    Faure Herman SA
    9.5    General Electric Company
    9.6    Hach Company
    9.7    Honeywell International Inc.
10    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global ultrasonic flow meter market attained a value of nearly USD 2 billion.

The market is projected to grow at a CAGR of 6.5% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 2.95 billion by 2026.

The major drivers of the market include the rising urbanisation and industrialisation, need for precise measurement, and the increasing product demand for ease of operation from the oil and gas, as well as the water and wastewater industries.

Rising investment in green fields in China and increasing operations for shale gas exploration are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The product types include spool piece, insertion, and clamp-on.

The technological segments are transit time - single/dual path, transit time – multipath, doppler, and hybrid.

The market can be divided on the basis of its number of paths as 3-path transit time, 4-path transit time, 5- path transit time, and 6 or more path transit time.

The distribution channels for market are direct sales, independent representatives, distributors, and online.

The diverse applications for market are natural gas, non-petroleum liquid and petroleum liquid among others.

The major players in the industry are ABB Asea Brown Boveri Ltd., Badger Maeter Inc., Emerson Electric Co., Faure Herman SA, General Electric Company (NYSE: GE), Hach company, and Honeywell International Inc, among others.

Analyst Review

The global ultrasonic flow meter market attained a value of USD 2 billion in 2020, driven by the rising innovations in service. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 6.5%. The market is projected to reach USD 2.95 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its product types, the ultrasonic flow meter industry can be segmented into spool piece, insertion, and clamp-on.  On the basis of its number of paths, the industry is classified as 3-path transit time, 4-path transit time, 5- path transit time, and 6 or more path transit time. The classification based on technology are transit time - single/dual path, transit time – multipath, doppler, and hybrid. On the basis of applications, the industry is divided into natural gas, non-petroleum liquid, and petroleum liquid, among others. The distribution channels for this market are direct sales, independent representatives, distributors, and online. The major regional markets for ultrasonic flow meter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ABB Asea Brown Boveri Ltd., Badger Maeter Inc., Emerson Electric Co., Faure Herman SA, General Electric Company (NYSE: GE), Hach company, and Honeywell International Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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