• Blog
  • Ultrasonic Flow Meter Market Report

    Ultrasonic Flow Meter Market Report

    Ultrasonic Flow Meter Market Report
    Report code - SRCE289 Delivery - 2 Weeks
    Get Free Sample |
    Play Audio
    Listen
    Ultrasonic Flow Meter Market Size, Share, Trend, Forecast, & Industry Analysis – See more...

    Impact of COVID-19 on Ultrasonic Flow Meter Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Ultrasonic Flow Meter Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    Ultrasonic Flow Meter Market is likely to witness an impressive CAGR of 6.8% during the forecast period. Increasing investments in green fields in the regions such as China, surge in demand for advanced flow measuring technologies, and growth in shale gas exploration activities in the US. are the major governing factors fueling the growth of the market during the forecast period.

    Ultrasonic Flow Meter Market – Snapshot

    Growth

    6.8% for the next five years

    Major End-User Type

    Oil & Gas

    Major Technology Type

    Transit-Time

    Major Implementation Type

    Clamps-On

    Region with the highest demand

    Asia-Pacific

    Key Players

    Siemens (Germany), Danfoss (Denmark), Fuji Electric (Japan), Badger Meter (US), GE (US), Endress+Hauser (Switzerland), Honeywell (US), and KROHNE (Germany).

    Segment Analysis

    Ultrasonic-Flow-Meter-Market-Dominant-Segments

    Wish to get a free sample? Register Here

    Ultrasonic Flow Meter Market Share: By Implementation Type

    Based on the implementation type, the ultrasonic flow meter market is segmented as clamps-on, inline, and others. The clamps-on segment led the market in 2020, and is expected to remain dominant during the forecast period. The segment helps in measuring the flow without interruption in the process. In addition, the flow rate under different challenging environment areas is expected to boost the market’s demand.

    Ultrasonic Flow Meter Market Share: By Technology Type

    Based on the technology type, the market is segmented as transit-time, doppler, and hybrid. The transit-time segment captured the largest share of the market in 2020, and is expected to grow at the fastest pace during the forecasted period, owing to its bi-directional and precise flow measurement advantages. Further, the segment holds over 80% share of the total market.

    Ultrasonic Flow Meter Market Share: By End-User Type

    Based on the end-user type, the market is segmented as oil & gas, power generation, water & wastewater, and others. The oil & gas segment leads the market and is likely to be the fastest-growing segment during the forecasted period due to the accurate flow measurement, which is required for custody transfer applications.

    Ultrasonic Flow Meter Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to dominate the ultrasonic flow meter market during the forecast period as the region’s most players are operating in flow meters, that find their manufacturing plants in the Asia-Pacific region. The number of investments is increasing in water & wastewater, energy, power, refining, chemicals, in China and India, which is driving the growth of the market.

    Ultrasonic-Flow-Meter-Market-By-Region

    Know which region offers best growth opportunities. Register Here

    Market Scope & Segmentation

    Ultrasonic flow meter is a volumetric device which helps in measuring the flow of fluids with the ultrasound to calculate volume flow. Ultrasonic flow meter can also be used for bidirectional flow and it offers higher accuracy of the order of +/-2% of full scale. It is expensive and has a complex structure which offers very good and dynamic response. It is generally used for wastewater application or any dirty liquid which is conductive or water based.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Ultrasonic Flow Meter Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The ultrasonic flow meter market is segmented into the following categories. 

    Ultrasonic Flow Meter Market Size, Share, & Forecast, by Implementation Type:

    • Clamps-On (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Inline  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ultrasonic Flow Meter Market Size, Share, & Forecast, by Technology Type:

    • Transit-Time (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Doppler (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hybrid  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ultrasonic Flow Meter Market Size, Share, & Forecast, by End-User Type:

    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Power & Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Water & Wastewater  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others  (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Ultrasonic Flow Meter Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Ultrasonic-Flow-Meter-Market-Segmentation

    Want to know the most attractive market segments? Register Here

    Key Players

    Some of the major players in the ultrasonic flow meter market are-

    • Siemens
    • Danfoss
    • Fuji Electric
    • Badger Meter
    • GE
    • Endress+Hauser
    • Honeywell
    • KROHNE.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 800 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the implementation types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]

    Frequently Asked Questions (FAQs)

    The ultrasonic flow meter market is expected to witness an impressive growth of 6.8% CAGR in the foreseeable future.

    Siemens, Danfoss, Fuji Electric, Badger Meter, GE, Endress+Hauser, Honeywell, and KROHNE are among the key players in the ultrasonic flow meter market.

    Asia-pacific is expected to remain dominant in the ultrasonic flow meter market during the forecast period.

    The oil & gas segment is expected to be the fastest growing end-user type in the ultrasonic flow meter market in the coming years.

    The transit-time segment is expected to grow at the fastest pace in the ultrasonic flow meter market during the next five years.

    The clamps-on segment is expected to remain dominant in the ultrasonic flow meter market during the forecast period.

    Increasing investments in green fields in the regions such as China, surge in demand for advanced flow measuring technologies, and growth in shale gas exploration activities in the US are the factors driving the growth of ultrasonic flow meter market.

    •