Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- An ultrasonic flow meter, also known as non-intrusive doppler flow meter, is used to measure the velocity of fluids flowing in a pipe. Ultrasonic flow meter uses sound wave as a medium to measure the velocity of the fluid. However, ultrasonic flow meter can't be used to measure of drinking water or distilled water as ultrasonic flow meter requires bubbles or particulates in the flow. Ultrasonic flow meter is used in many industries such as oil & gas, water and wastewater, power generation, food and other industries.
One trend in the market is developments in ultrasonic flowmeters. The latest developments in ultrasonic flowmeters will prove useful for many industries as the demand keeps growing. Handheld and portable ultrasonic flowmeters also witness significant market growth. Handheld ultrasonic flowmeters are commonly used in measuring slurries and dirty fluids for the chemical industry, food processing sector, and water treatment plants.
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One driver in the market is growing nuclear power generation. Many countries are now generating power using nuclear energy. Globally, there are 31 countries with nearly 440 nuclear power reactors, which have a total installed capacity of 3,90,000 MWe. Also, 60 nuclear power reactors are under construction and 160 are planned. The most number of nuclear power reactors in the planning and construction stages are in Asia while a few major new units are in Russia. Capacity expansion is also being undertaken by upgrading the power plants.
The global Ultrasonic Flowmeter market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Ultrasonic Flowmeter volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ultrasonic Flowmeter market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Emerson
Endress+Hauser
KROHNE
Badger Meter
Bronkhorst High-Tech
Danfoss
Eastech Flow Controls
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Ultrasonic Flowmeter Market Segment by Regions
North America
Europe
China
Japan
Ultrasonic Flowmeter Market Segment by Type
Spool Piece Ultrasonic Flowmeter
Insertion Ultrasonic Flowmeter
Clamp-On Ultrasonic Flowmeter
Ultrasonic Flowmeter Market Segment by Application
Oil Industry
Chemical Industry
Metallurgical Industry
Electric Power
Water Supply and Drainage
Others
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