The World Market for Coriolis Flowmeters, 3 rd Edition

Transcription

1 i The World Market for Coriolis Flowmeters, 3 rd Edition Flow Research, Inc. Wakefield, Massachusetts September 2008

2 ii Researched by: Flow Research, Inc. 27 Water Street - Suite B7 Wakefield, MA United States [1] [1] (fax) info@flowresearch.com Project Team Jesse Yoder, PhD. - Project Director Norman Weeks Belinda Burum Published by September 2008

3 iii Copyright 2008 Flow Research, Inc.

4 iv TABLE OF CONTENTS Chapter Description Page Number One Executive Summary Overview A Complete Analysis of the Flowmeter Market Study Objectives Methodology Study Overview Growth Factors for the Coriolis Flowmeter Market Shipments of Coriolis Flowmeters Worldwide and by Region Shipments of Coriolis Flowmeters Worldwide by Technology Market Shares

5 v TABLE OF CONTENTS Chapter Description Page Number Two Scope and Method Overview A Complete Analysis of the Flowmeter Market The Role of Viewpoint Pluralism The Importance of Multi-Technology Research Leading Suppliers vs. All Suppliers Study Objectives Methodology Supplier Input Supplier Analysis OEM and End-User Analysis Forecasts Geographic Regions of the World Definitions Total Shipments of Coriolis Flowmeters Four Types of Coriolis Flowmeters Average Selling Price of Coriolis Flowmeters Shipments of Coriolis Flowmeters by Technology Type Coriolis Flowmeters by Mounting Type Coriolis Flowmeters by Fluid Type Coriolis Flowmeters by Intelligence Level Coriolis Flowmeters by Communication Protocol Coriolis Flowmeters by Tube Material Type Coriolis Flowmeters by Temperature Range Coriolis Flowmeters by Application Coriolis Flowmeter Revenues by Industry Coriolis Flowmeters by Distribution Channel Coriolis Flowmeters by Customer Type Flow Research, Inc Team History and Experience Flow Research Studies Custom Projects Worldflow Monitoring Service Flow Research Instrumentation Articles

6 vi TABLE OF CONTENTS Chapter Description Page Number Three Coriolis Flowmeter Product and Technology Analysis Overview New-Technology Flowmeters Coriolis Flowmeters Magnetic Flowmeters Ultrasonic Flowmeters Vortex Flowmeters Paradigm Case Selection Method Coriolis Flowmeter Product Analysis ABB Ltd Actaris US Liquid Measurement Brooks Instrument Emerson Endress+Hauser Foxboro Heinrichs Messtechnik GmbH KEM Küppers Elektromechanik GmbH KROHNE Messtechnik GmbH OVAL Corporation Rheonik Messgeräte GmbH Siemens Yokogawa Electric Corporation Four Coriolis Flowmeter Market Size and Growth Forecast Overview Factors Influencing the Growth of the Coriolis Flowmeter Market Macroeconomic Factors The US Economy has Shown Strong Growth Since Economic Growth in the US, and in European and Asian Countries Demand for Higher Standard of Living in Developing Countries Increased Capital Spending and Plant Construction

7 vii TABLE OF CONTENTS Chapter Description Page Number Four Plant Retrofits and Upgrades The Need to Reduce Waste and Conserve Energy Environmental Regulations are Growing in Importance Growth Factors for the Coriolis Flowmeter Market Custody Transfer of Natural Gas is a Potential Boom Market for Coriolis Meters Introduction of Low Cost Coriolis Meters Users Are Looking for Low Maintenance Suppliers Continue to Make Technological Improvements in Coriolis Flowmeters Straight-tube Meters are Addressing Some Issues with Bent-tube Meters Growth in Coriolis Meters for Larger Line Sizes Factors Limiting the Growth of Coriolis Flowmeters The Inherently Conservative Nature of Users in the Process Industries The Cost of Coriolis Flowmeters Market Size and Growth Forecasts Shipments of Coriolis Flowmeters Worldwide and by Region: Figures 4-1 to Shipments of Coriolis Flowmeters Worldwide by Technology: Figures 4-6 to Average Selling Prices of Coriolis Flowmeters Worldwide and by Technology: Figures 4-16 to Shipments of Single Bent Tube Coriolis Flowmeters Worldwide and by Region: Figures 4-21 to Shipments of Dual Bent Tube Coriolis Flowmeters Worldwide and by Region: Figures 4-26 to Shipments of Single Straight Tube Coriolis Flowmeters Worldwide and by Region: Figures 4-31 to Shipments of Dual Straight Tube Coriolis Flowmeters Worldwide and by Region: Figures 4-36 to Shipments of Coriolis Flowmeters by Mounting Type Worldwide and by Region: Figures 4-41 to Shipments of Coriolis Flowmeters by Fluid Type Worldwide and by Region: Figure 4-50 to

8 viii TABLE OF CONTENTS Shipments of Coriolis Flowmeters by Intelligence Level Worldwide and by Region: Figure 4-59 to Chapter Description Page Number Four Shipments of Coriolis Flowmeters by Communication Protocol Worldwide and by Region: Figure 4-68 to Shipments of Coriolis Flowmeters by Temperature Range Worldwide and by Region: Figures 4-77 to Shipments of Coriolis Flowmeters by Tube Material Worldwide and by Region: Figures 4-86 to Shipments of Coriolis Flowmeters by Application Worldwide and by Region: Figures 4-94 to Shipments of Coriolis Flowmeters by Industry Worldwide and by Region: Figures to Shipments of Coriolis Flowmeters by Distribution Channel Worldwide and by Region: Figures to Shipments of Coriolis Flowmeters by Customer Type Worldwide and by Region: Figures to Five Coriolis Flowmeter Supplier Market Shares Overview Market Shares for Coriolis Flowmeters by Geographic Region Micro Motion Endress+Hauser KROHNE Yokogawa Siemens Oval Corporation Rheonik

9 ix TABLE OF CONTENTS Chapter Description Page Number Six Strategies for Success Overview Survey End-Users Regularly, and Listen to What They Say Emphasize the Reliability of Coriolis Flowmeters Pursue the Market for Steam Applications Become a Broad-line Supplier Form Alliances with Other Companies When Consolidating Product Lanes, Provide a Migration Path for End-Users to Current Technology Create a Coherent and Understandable Product Naming System Build a Great Website and Keep it Up-to-Date Educate Your Customers about Coriolis Technology Invest in Smart Flowmeters, and in Communication Protocols Note: The following is a partial list of the companies profiled in this study Seven Supplier Profiles Overview ABB Ltd Brooks Instrument Emerson Process Management Micro Motion Endress+Hauser AG Foxboro KROHNE OVAL Corporation Rheonik Messgeräte GmbH Siemens Yokogawa

10 x LIST OF FIGURES Figure Number Description Page Number 1-1 Total Shipments of Coriolis Flowmeters Worldwide Total Shipments of Coriolis Flowmeters Worldwide Shipments of Coriolis Flowmeters by Region Shipments of Coriolis Flowmeters Worldwide by Technology Market Shares for the Leading Suppliers of Coriolis Flowmeters Worldwide New-Technology and Traditional Technology Flowmeters New-Technology Flowmeters Approved by the Fieldbus Foundation Models and Types of Coriolis Flowmeters by Supplier Total Shipments of Coriolis Flowmeters Worldwide Total Shipments of Coriolis Flowmeters Worldwide Shipments of Coriolis Flowmeters by Region Shipments of Coriolis Flowmeters by Region Shipments of Coriolis Flowmeters by Region Shipments of Coriolis Flowmeters Worldwide by Technology Shipments of Coriolis Flowmeters Worldwide by Technology Shipments of Coriolis Flowmeters Worldwide by Technology Shipments of Coriolis Flowmeters by Technology in North America Shipments of Coriolis Flowmeters by Technology in Europe Shipments of Coriolis Flowmeters by Technology in Middle East/Africa Shipments of Coriolis Flowmeters by Technology in Japan Shipments of Coriolis Flowmeters by Technology in China Shipments of Coriolis Flowmeters by Technology in Asia w/o Japan/China Shipments of Coriolis Flowmeters by Technology in Latin America Average Selling Price of Coriolis Flowmeters by Region Average Selling Price of Coriolis Flowmeters by Technology Average Selling Price of Coriolis Flowmeters by Technology Average Selling Price of Coriolis Flowmeters by Technology Average Selling Price of Coriolis Flowmeters by Technology

11 xi LIST OF FIGURES 4-21 Shipments of Single Bent Tube Coriolis Flowmeters Worldwide Shipments of Single Bent Tube Coriolis Flowmeters Worldwide Shipments of Single Bent Tube Coriolis Flowmeters Worldwide Shipments of Single Bent Tube Coriolis Flowmeters Worldwide Shipments of Single Bent Tube Coriolis Flowmeters by Region Shipments of Dual Bent Tube Coriolis Flowmeters Worldwide Shipments of Dual Bent Tube Coriolis Flowmeters Worldwide Shipments of Dual Bent Tube Coriolis Flowmeters Worldwide Shipments of Dual Bent Tube Coriolis Flowmeters Worldwide Shipments of Dual Bent Tube Coriolis Flowmeters by Region Shipments of Single Straight Tube Coriolis Flowmeters Worldwide Shipments of Single Straight Tube Coriolis Flowmeters Worldwide Shipments of Single Straight Tube Coriolis Flowmeters Worldwide Shipments of Single Straight Tube Coriolis Flowmeters Worldwide Shipments of Single Straight Tube Coriolis Flowmeters by Region Shipments of Dual Straight Tube Coriolis Flowmeters Worldwide Shipments of Dual Straight Tube Coriolis Flowmeters Worldwide Shipments of Dual Straight Tube Coriolis Flowmeters Worldwide Shipments of Dual Straight Tube Coriolis Flowmeters Worldwide Shipments of Dual Straight Tube Coriolis Flowmeters by Region Shipments of Coriolis Flowmeters Worldwide by Mounting Type Shipments of Coriolis Flowmeters Worldwide by Mounting Type Shipments of Coriolis Flowmeters in North America by Mounting Type Shipments of Coriolis Flowmeters in Europe by Mounting Type Shipments of Coriolis Flowmeters in Middle East/Africa by Mounting Type Shipments of Coriolis Flowmeters in Japan by Mounting Type Shipments of Coriolis Flowmeters in China by Mounting Type Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Mounting Type Shipments of Coriolis Flowmeters in Latin America by Mounting Type Shipments of Coriolis Flowmeters Worldwide by Fluid Type Shipments of Coriolis Flowmeters Worldwide by Fluid Type Shipments of Coriolis Flowmeters in North America by Fluid Type Shipments of Coriolis Flowmeters in Europe by Fluid Type Shipments of Coriolis Flowmeters in Middle East/Africa by Fluid Type Shipments of Coriolis Flowmeters in Japan by Fluid Type Shipments of Coriolis Flowmeters in China by Fluid Type

12 xii LIST OF FIGURES 4-57 Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Fluid Type Shipments of Coriolis Flowmeters in Latin America by Fluid Type Shipments of Coriolis Flowmeters Worldwide by Intelligence Level Shipments of Coriolis Flowmeters Worldwide by Intelligence Level Shipments of Coriolis Flowmeters in North America by Intelligence Level Shipments of Coriolis Flowmeters in Europe by Intelligence Level Shipments of Coriolis Flowmeters in Middle East/Africa by Intelligence Level Shipments of Coriolis Flowmeters in Japan by Intelligence Level Shipments of Coriolis Flowmeters in China by Intelligence Level Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Intelligence Level Shipments of Coriolis Flowmeters in Latin America by Intelligence Level Shipments of Smart Coriolis Flowmeters by Communication Protocol Worldwide Shipments of Smart Coriolis Flowmeters by Communication Protocol Worldwide Shipments of Smart Coriolis Flowmeters by Communication Protocol in North America Shipments of Smart Coriolis Flowmeters by Communication Protocol in Europe Shipments of Smart Coriolis Flowmeters by Communication Protocol in Middle East/Africa Shipments of Smart Coriolis Flowmeters by Communication Protocol in Japan Shipments of Smart Coriolis Flowmeters by Communication Protocol in China Shipments of Smart Coriolis Flowmeters by Communication Protocol in Asia w/o Japan/China Shipments of Smart Coriolis Flowmeters by Communication Protocol in Latin America Shipments of Coriolis Flowmeters Worldwide by Temperature Range Shipments of Coriolis Flowmeters Worldwide by Temperature Range Shipments of Coriolis Flowmeters in North America by Temperature Range Shipments of Coriolis Flowmeters in Europe by Temperature Range

13 xiii LIST OF FIGURES 4-81 Shipments of Coriolis Flowmeters in Middle East/Africa by Temperature Range Shipments of Coriolis Flowmeters in Japan by Temperature Range Shipments of Coriolis Flowmeters in China by Temperature Range Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Temperature Range Shipments of Coriolis Flowmeters in Latin America by Temperature Range Shipments of Coriolis Flowmeters Worldwide by Tube Material Type Shipments of Coriolis Flowmeters in North America by Tube Material Type Shipments of Coriolis Flowmeters in Europe by Tube Material Type Shipments of Coriolis Flowmeters in Middle East/Africa by Tube Material Type Shipments of Coriolis Flowmeters in Japan by Tube Material Type Shipments of Coriolis Flowmeters in China by Tube Material Type Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Tube Material Type Shipments of Coriolis Flowmeters in Latin America by Tube Material Type Shipments of Coriolis Flowmeters Worldwide by Application Shipments of Coriolis Flowmeters in North America by Application Shipments of Coriolis Flowmeters in Europe by Application Shipments of Coriolis Flowmeters in Middle East/Africa by Application Shipments of Coriolis Flowmeters in Japan by Application Shipments of Coriolis Flowmeters in China by Application Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Application Shipments of Coriolis Flowmeters in Latin America by Application Shipments of Coriolis Flowmeters Worldwide by Industry Shipments of Coriolis Flowmeters in North America by Industry Shipments of Coriolis Flowmeters in Europe by Industry Shipments of Coriolis Flowmeters in Middle East/Africa by Industry Shipments of Coriolis Flowmeters in Japan by Industry Shipments of Coriolis Flowmeters in China by Industry Shipments of Coriolis Flowmeters in Asia w/o Japan/China by Industry Shipments of Coriolis Flowmeters in Latin America by Industry

14 xiv LIST OF FIGURES Shipments of Coriolis Flowmeters Worldwide by Distribution Channel Shipments of Coriolis Flowmeters by Region by Distribution Channel Shipments of Coriolis Flowmeters by Region by Distribution Channel Shipments of Coriolis Flowmeters by Region by Distribution Channel Shipments of Coriolis Flowmeters by Region by Distribution Channel Shipments of Coriolis Flowmeters Worldwide by Customer Type Shipments of Coriolis Flowmeters by Region by Customer Type Shipments of Coriolis Flowmeters by Region by Customer Type Shipments of Coriolis Flowmeters by Region by Customer Type Shipments of Coriolis Flowmeters by Region by Customer Type Market Shares for the Leading Suppliers of Coriolis Flowmeters Worldwide Market Shares for the Leading Suppliers of Coriolis Flowmeters in North America Market Shares for Leading Suppliers of Coriolis Flowmeters in Europe Market Shares for Leading Suppliers of Coriolis Flowmeters in Middle East/Africa Market Shares for Leading Suppliers of Coriolis Flowmeters in Japan Market Shares for Leading Suppliers of Coriolis Flowmeters in China Market Shares for Leading Suppliers of Coriolis Flowmeters in Asia w/o Japan/China Market Shares for Leading Suppliers of Coriolis Flowmeters in Latin America Market Shares for Leading Suppliers of Coriolis Flowmeters Worldwide for Liquid Applications Market Shares for Leading Suppliers of Coriolis Flowmeters Worldwide for Gas Applications Become a Broad-Line Supplier: Offer Many Models and Types Of Coriolis Flowmeters

15 xv LIST OF TABLES Table Number Description Page Number 3-1 Advantages and Disadvantages of DP and New-Technology Flowmeters New-Technology and DP Flowmeters Principles of Operation Paradigm Case Conditions for New-Technology Flowmeters US Gross Domestic Product (GDP) from 2003 to LIST OF MAPS Map Number Description Page Number 2-1 World World by Region Asia Europe The Russian Federation China Japan India Indonesia Europe, Middle East, and Africa (EMEA) The Middle East Asia South America Central America The United States Canada

16 xvi