DUBLIN, April 24, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fbb7mn/global_flowmeter) has announced the addition of the "Global Flowmeter Market 2014-2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The analysts forecast the Global Flowmeter market to grow at a CAGR of 8.32 percent over the period 2013-2018. 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.
The report, the Global Flowmeter Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC and EMEA regions, and the Americas; it also covers the Global Flowmeter market landscape and its growth prospects in the coming years.
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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Market Segmentation by End-users
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- ABB Ltd.
- Brabender Technologie GmbH & Co. KG
- Emerson Electric Co.
- GE Co.
- Invensys Plc
- Krohne Group
- Malema Engineering Corp.
- Siemens AG
- Yokogawa Electric Corp. Inc.
For more information visit http://www.researchandmarkets.com/research/fbb7mn/global_flowmeter
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets