The World Market for Steam Flow Measurement

Transcription

1 i The World Market for Steam Flow Measurement Flow Research, Inc. Wakefield, Massachusetts March 2008

2 ii

3 iii Researched by: Flow Research, Inc. 27 Water Street Suite B7 Wakefield, MA (fax) Project Team Jesse Yoder, PhD. - Project Director Norman Weeks Heather Carroll Published by March 2008 Copyright 2008 Flow Research, Inc.

4 iv One Executive Summary Overview A Complete Analysis of the Flowmeter Market Study Objectives Methodology Definitions Eight Types of Steam Flowmeters Three Types of Steam Shipments of Steam Flowmeters Worldwide and by Region: Figures 1-1 to Shipments of Steam Flowmeters by Flowmeter Type: Figure End-User Survey Market Shares Offer Vortex Flowmeters for Steam Applications

5 v 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 Geographic Regions of the World Definitions Eight Types of Steam Flowmeters Three Types of Steam Applications Team History and Experience Flow Research, Inc Flow Research Studies Flow Research Instrumentation Articles Custom Projects Three Product and Technology Analysis Overview New-Technology Flowmeters Coriolis Flowmeters Magnetic Flowmeters Ultrasonic Flowmeters Vortex Flowmeters Paradigm Case Selection Method Product and Technology Analysis ABB Bopp & Reuther Central Station Steam Company

6 vi Three (Continued) Dosch Messappararte Emerson Process Management - Bristol Division Emerson Process Management - Rosemount Division Endress+Hauser Foxboro Fuji Electric GE Sensing KROHNE McCrometer Oval Primary Flow Signal Racine Federated SAMIL Industry Siemens Sierra Instruments Smar Solartron ISA Spirax-Sarco Venture Measurement Veris Four World Market Size and Forecasts Overview Shipments of Steam Flowmeters by Region: Figures 4-1 to Average Selling Price of Steam Flowmeters by Type: Figure Shipments of Steam Flowmeters by Flowmeter Type: Figures 4-7 to Average Selling Price of Steam Flowmeters by Type: Figure

7 vii Five Differential Pressure Steam Flow Market Size and Growth Forecasts Four Types of Pressure Transmitters Differential Pressure Flowmeters History of DP Flowmeters Theory of Differential Pressure Measurement What is a Differential Pressure Flowmeter? DP Steam Flowmeter Suppliers DP Flowmeters for Steam Flow Applications Advantages and Limitations Market Size and Growth Forecasts Market Forecasts Factors Promoting the Growth of the Pressure Transmitter Market Plant Renovations and Upgrades The Need to Conserve Energy The Large Installed Base of Differential Pressure Flow Transmitters Growth in the Oil & Gas Industry Rapid Growth in China and Other Developing Markets Advanced Features in Differential Pressure Flow Transmitters Shipments of Differential Pressure Flow Transmitters by Region: Figures 5-1 to Average Selling Prices of Differential Pressure Flow Transmitters by Region: Figure

8 viii Six Primary Elements Steam Flow Market Size and Forecasts Overview Orifice Measuring Points Pitot Tubes Venturi Tube Flow Nozzle Wedge Elements Other Primary Elements Primary Elements Suppliers Primary Elements for Steam Flow Measurement - Advantages and Limitations Market Size and Growth Forecasts Primary Elements are Riding the Wave of Growth in the Oil &Gas Industry Factors Promoting the Growth of the Primary Elements Market Growth in the Oil & Gas Industry Rapid Growth in China and Other Developing Markets Technology Improvements in Primary Elements Growth in the Use of Multivariable DP Flowmeters Growth in the Use of Integrated DP Flowmeters Market Forecasts Shipments of Primary Elements for Steam Flow by Region: Figures 6-1 to Average selling Prices of Primary Elements for Steam Flow by Region: Figure

9 ix Seven Vortex Steam Flow Market Size and Forecasts Multivariable/Smart/Conventional Vortex Steam Flowmeter Suppliers Vortex Steam Flow Measurement Advantages and Limitations Market Size and Growth Forecasts Product Enhancements and Greater User Familiarity Boost Sales of Vortex Flowmeters Growth Factors for the Vortex Flowmeter Market Vortex Flowmeters are Widely Used for Steam Applications More Suppliers Now in the Market Suppliers with Difficult-to-Apply Steam Flow Technologies are Using Vortex Flowmeters as an Alternative Technology More Multivariable Vortex Flowmeters Now Available Users are Moving Towards New-Technology Meters Industry-Wide Standards Have Been Developed for the Use of Vortex Flowmeter for Custody Transfer Applications Vortex Flowmeters Used for District Heating Applications Factors Limiting Growth Market Forecasts Shipments of Vortex Steam Flowmeters by Region: Figures 7-1 to Average Selling Price of Vortex Steam Flowmeters by Region: Figure Eight Variable Area Steam Flow Market Size and Forecast Variable Area Suppliers Variable Area Flowmeters for Steam Flow Applications Advantages and Limitations Market Size and Growth Forecasts Growth Factors for the Variable Area Gas Flowmeter Market Variable Area Flowmeters Continue to Fill Multiple Needs for Users Variable Area Flowmeters are the Lowest Cost Solution Available. 8-4

10 x Eight (Continued) Variable Area Flowmeters will Continue to be Used for Laboratory, Research, and OEM Applications Factors Limiting Growth Market Forecasts Shipments of Variable Area Steam Flowmeters by Region: Figures 8-1 to Average Selling Prices of Variable Area Steam Flowmeters by Region: Figure Nine Target Steam Flow Market Size and Forecasts Target Flowmeter Suppliers Target Flowmeters for Steam Flow Application Advantages and Limitations Market Size and Growth Forecasts Growth Factors for the Target Steam Flowmeter Market Target Flowmeters a Good Solution for Steam Flow Measurement. 9-3 Target Meters Have Attractive Features Factors Limiting Growth Market Forecasts Shipments of Target Steam Flowmeters by Region: Figures 9-1 to Average Selling Price of Target Steam Flowmeters by Region: Figure Ten Turbine Steam Flow Market Size and Forecasts Turbine Flowmeter Design

11 xi Ten (Continued) Steam Turbine Flowmeter Suppliers Turbine Flowmeters for Steam Flow Applications Advantages and Limitations Market Size and Growth Forecasts Growth Factors for the Turbine Gas Flowmeter Market Turbine Flowmeters are Well-Established Installed Base of Turbine Flowmeters Approval Organizations Specify Turbine Meters Turbine Flowmeters Remain a Viable Choice Steady, Medium to High-Speed Flows Factors Limiting Growth Market Forecasts Shipments of Turbine Steam Flowmeters by Region: Figures 10-1 to Average Selling Prices of Turbine Steam Flowmeters by Region: Figure Eleven Coriolis Steam Flow Market Size and Forecasts Why Measure Mass Flow Coriolis Remains the Most Accurate Flowmeter Steam Coriolis Flowmeter Suppliers Coriolis Flowmeters for Steam Flow Applications Advantages and Limitations Market Size and Growth Forecasts Growth Factors for the Coriolis Gas 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 Factors Limiting Growth

12 xii Eleven (Continued) Market Forecasts Shipments of Coriolis Steam Flowmeters by Region: Figures 11-1 to Average Selling Prices of Coriolis Steam Flowmeters by Region: Figure Twelve Ultrasonic Steam Flow Market Size and Forecast Overview History Advantages of Ultrasonic Flowmeters Types of Ultrasonic Flowmeters Ultrasonic Flowmeter Suppliers Ultrasonic Flowmeters for Steam Flow Measurement The Use of Multipath Ultrasonic Flowmeters for Natural Gas Flow Measurement is on the Rise Market Size and Growth Forecasts Growth Factors for the Steam Ultrasonic Flowmeter Market Successful User Experience Serves as a Paradigm for the Industry Improvements in Transit Time Technology Suppliers Continue to Enter the Market Increased Use of Ultrasonic Flowmeters in the Process Industries Factors Limiting Growth Market Forecasts Shipments of Ultrasonic Steam Flowmeters by Region: Figures 12-1 to Average Selling Prices of Ultrasonic Steam Flowmeters by Region: Figure

13 xiii Thirteen Steam Flowmeter Supplier Market Shares Overview Market Shares for Steam Flowmeters by Flowmeter Type Emerson Process Management, Rosemount Division Yokogawa Endress+Hauser Tokyo Keiso Spirax Sarco EMCO Flow Systems Emerson Process Management, Micro Motion Division GE Sensing KROHNE Fourteen User Perspective Survey on Steam Flow Measurement Part One: Executive Summary Overview Topics Included is Survey Line Sizes Applications Drivers of Accuracy Part Two: Scope and Methodology Topics Included in the Survey Team History and Experience Flow Research, Inc Part Three: Steam Flow End User Survey Overview Line Sizes

14 xiv (Continued) Fourteen (Continued) Applications Types of Steam and Steam Measurement Accuracy Drivers of Accuracy Primary Elements Particular Repair / Maintenance Issues Change in Primary Element Change to Another Flowmeter Type Fifteen Strategies for Success Overview Offer Vortex Flowmeters for Steam Applications Consider Offering Multivariable Flowmeters Survey End-Users Regularly, and Listen to What They Say Become a Broad-line Supplier Form Alliances with Other Companies When Consolidating Product Lines, 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 Invest in Smart Flowmeters, and in Communication Protocols Sixteen Supplier Profiles (Partial List of 30 Suppliers) ABB Central Station Steam Company

15 xv Sixteen (Continued) Emerson Micro Motion Emerson Process Management Rosemount Division Foxboro Fuji Electric Group GE Sensing Honeywell McCrometer, Inc OVAL Corporation Sierra Instruments Smar Equipmentos Industrials Ltds Smar International Corp Solartron ISA Spirax Sarco, Inc EMCO, a Division of Spirax Sarco, Inc Veris Yamatake Corporation Yokogawa Appendix A: Steam Flow Study Proposal... A-1 Appendix B: User Survey Questionnaire...B-1 Appendix C: Steam Flowmeter Suppliers... C-1 LIST OF FIGURES Figure Number Description Page Number 1-1 Total Shipments of Steam Flowmeters Worldwide Total Shipments of Steam Flowmeters Worldwide Shipments of Steam Flowmeters by Region Shipments of Steam Flowmeters by Technology

16 xvi 1-5 Flowmeter Types in Use Market Shares for the Leading Suppliers of DP Transmitters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Vortex Flowmeters for Steam Applications Worldwide New-Technology and Traditional Technology Flowmeters New-Technology Flowmeters Approved by the Fieldbus Foundation Models and Types of Steam Flowmeters by Supplier Total Shipments of Steam Flowmeters Worldwide Total Shipments of Steam Flowmeters Worldwide Shipments of Steam Flowmeters by Region Shipments of Steam Flowmeters by Region Shipments of Steam Flowmeters by Region Average Selling Price of Steam Flowmeters by Region Shipments of Steam Flowmeters Worldwide by Flowmeter Type Shipments of Steam Flowmeters Worldwide by Flowmeter Type Shipments of Steam Flowmeters Worldwide by Flowmeter Type Shipments of Steam Flowmeters in North America by Flowmeter Type Shipments of Steam Flowmeters in Europe by Flowmeter Type Shipments of Steam Flowmeters in Japan by Flowmeter Type Shipments of Steam Flowmeters in Asia without Japan by Flowmeter Type Shipments of Steam Flowmeters in Rest of World by Flowmeter Type Average Selling Price of Steam Flowmeters by Type

17 LIST OF FIGURES xvii Figure Number Description Page Number 5-1 Shipments of Differential Pressure Steam Flow Transmitters Worldwide Shipments of Differential Pressure Steam Flow Transmitters Worldwide Shipments of Differential Pressure Steam Flow Transmitters by Region Shipments of Differential Pressure Steam Flow Transmitters by Region Shipments of Differential Pressure Steam Flow Transmitters by Region Average Selling Price of Differential Pressure Steam Flow Transmitters by Region Shipments of Primary Elements for Steam Flow Worldwide Shipments of Primary Elements for Steam Flow Worldwide Shipments of Primary Elements for Steam Flow by Region Shipments of Primary Elements for Steam Flow by Region Shipments of Primary Elements for Steam Flow by Region Average Selling Price of Primary Elements for Steam Flow by Region Total Shipments of Vortex Steam Flowmeters Worldwide Total Shipments of Vortex Steam Flowmeters Worldwide Shipments of Vortex Steam Flowmeters by Region Shipments of Vortex Steam Flowmeters by Region Shipments of Vortex Steam Flowmeters by Region Average selling Price of Vortex Steam Flowmeters by Region Total Shipments of Variable Area Steam Flowmeters Worldwide Total Shipments of Variable Area Steam Flowmeters Worldwide Shipments of Variable Area Steam Flowmeters by Region Shipments of Variable Area Steam Flowmeters by Region Shipments of Variable Area Steam Flowmeters by Region Average Selling Price of Variable Area Flowmeters by Region

18 xviii LIST OF FIGURES Figure Number Description Page Number 9-1 Total Shipments of Steam Target Flowmeters Worldwide Total Shipments of Steam Target Flowmeters Worldwide Shipments of Steam Target Flowmeters by Region Shipments of Steam Target Flowmeters by Region Shipments of Steam Target Flowmeters by Region Average Selling Price of Target Steam Flowmeters by Region Total Shipments of Turbine Steam Flowmeters Worldwide Total Shipments of Turbine Steam Flowmeters Worldwide Shipments of Turbine Steam Flowmeters by Region Shipments of Turbine Steam Flowmeters by Region Shipments of Turbine Steam Flowmeters by Region Average Selling Price of Turbine Steam Flowmeters by Region Total Shipments of Coriolis Steam Flowmeters Worldwide Total Shipments of Coriolis Steam Flowmeters Worldwide Shipments of Coriolis Steam Flowmeters by Region Shipments of Coriolis Steam Flowmeters by Region Shipments of Coriolis Steam Flowmeters by Region Average Selling Price of Coriolis Steam Flowmeters by Region Total Shipments of Ultrasonic Steam Flowmeters Worldwide Total Shipments of Ultrasonic Steam Flowmeters Worldwide Shipments of Ultrasonic Steam Flowmeters by Region Shipments of Ultrasonic Steam Flowmeters by Region Shipments of Ultrasonic Steam Flowmeters by Region Average Selling Price of Ultrasonic Steam Flowmeters by Region

19 xix LIST OF FIGURES Figure Number Description Page Number 13-1 Market Shares for the Leading Suppliers of DP Flow Transmitters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Primary Elements for Steam Application Worldwide Market Shares for the Leading Suppliers of Vortex Flowmeters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Variable Area Flowmeters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Target Flowmeters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Coriolis Flowmeters for Steam Applications Worldwide Market Shares for the Leading Suppliers of Ultrasonic Flowmeters for Steam Applications Worldwide Industry Distribution of Participants Line Sizes Steam Flow Applications Need for Accuracy New-Technology and Traditional Technology Flowmeters Industry Distribution of Participants Industry Distribution of Participants (Bar Chart) Flowmeter Types in Use Flowmeter Types in Use (Bar Chart) Line Sizes Line Sizes (Bar Chart) Steam Flow Applications Steam Flow Applications (Bar Charts) Steam Flow Types Steam Flow Types (Bar Chart) Steam Flow Measurement

20 xx LIST OF FIGURES Figure Number Description Page Number Steam Flow Measurement (Bar Chart) Use of Other Instrumentation Use of Other Instrumentation (Bar Chart) Accuracy of Measurement Accuracy of Measurement (Bar Chart) Need for Accuracy Need for Accuracy (Bar Chart) Use of Flow Computer Use of Flow Computer (Bar Chart) Use of Primary Elements Use of Primary Elements (Bar chart) Maintenance / Repair Issues Maintenance / Repair Issues (Bar Chart) Potential for Change in Primary Elements Potential for Change in Primary Elements (Bar Chart) Potential for Change in Flowmeter Type Potential for Change in Flowmeter Type (Bar Chart) Purchase History for Primary Elements Purchase History for Primary Elements (Bar Chart) Become a Broad-line Supplier: Steam Flowmeter Suppliers

21 xxi 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 Suppliers of Primary Elements for Steam Flow Measurement LIST OF MAPS Map Number Description Page Number 2-1 World Map 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

22 xxii List of Photos Photo Number Description Page Number 6-1 An Orifice Plate Orifice Flange Assemblies Verabar Multiport Averaging Pitot Tube Venturi Tubes A Flow Nozzle COIN Wedge Meter...6-7