According to a market report by Lucintel, the future of the global ultrasonic flow meter market looks promising with opportunities in the oil & gas, power generation, and water & wastewater markets. The global ultrasonic flow meter market is expected to reach an estimated $1 billion by 2030 at a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing use of transit-time ultrasonic flowmeters in a variety of settings, rising automation adoption rates, strong industrial growth, and a growing need for precise and non-invasive flow metering equipment.
A more
than 150-page report to understand trends, opportunity and forecast in global ultrasonic
flow meter market to 2030 by implementation type (clamp-on, inline, and
others), technology (transit-time, doppler, and hybrid), paths (1 path
transit-time, 2 path transit-time, and 3 and above path transit-time), end use
(oil & gas, power generation, water & wastewater, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the technology category, transit-time will remain the
largest segment over the forecast period because of its benefits in
bidirectional and accurate flow measurement.
Download
sample by clicking on ultrasonic
flow meter market.
In terms
of regions, APAC will remain the largest region over the forecast period
because the majority of the top companies in the flow meters market have
manufacturing operations in Asia Pacific, where production costs are cheaper
than in other areas.
Siemens,
Danfoss, Fuji Electric, Badger Meter, GE are the major suppliers in the ultrasonic flow meter market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Basic Copper Carbonate (BCC) Market
No comments:
Post a Comment