The World Market for Ultrasonic Flowmeters, 4th Edition. Core Study: The World Market for Inline Ultrasonic Flowmeters

Transcription

1 i The World Market for Ultrasonic Flowmeters, 4th Edition Core Study: The World Market for Inline Ultrasonic Flowmeters Wakefield, Massachusetts October 2012

2 ii Researched by: 27 Water Street Suite B7 Wakefield, MA United States (fax) Project Team Jesse Yoder, PhD Publisher and Executive Editor Belinda Burum Norman Weeks Leslie Buchanan Victoria Tuck Christina Glaser Nicole Riordan Published by October 2012

3 iii Copyright 2012 All data and information in this study is proprietary and copyrighted by No part of this study may be reproduced orally or in written form to anyone outside the internal organization of the client for five years from the date of this study without the prior written consent of Disclaimer While every effort has been made to insure that this study is accurate and complete, Flow Research, Inc. accepts no liability for consequences of any actions that are based on the findings in this study.

4 iv

5 v TABLE OF CONTENTS One Executive Summary 1-1 Study Objectives Overview Methodology Inline Ultrasonic Flowmeter Product and Technology Analysis Growth Factors for the Inline Ultrasonic Flowmeter Market Factors Limiting the Growth of Inline Ultrasonic Flowmeters Growth in the Inline Ultrasonic Flowmeter Market Shipments of Inline Ultrasonic Flowmeters Worldwide by Region: Figures 1-1 to Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology: Figure Market Shares for the Leading Inline Ultrasonic Flowmeter Suppliers Worldwide: Figure Strategies: Remember to Emphasize the Basics Two Scope and Method 2-1 Overview A Complete Analysis of the Flowmeter Market The Role of Viewpoint Pluralism Leading Suppliers vs. All Suppliers Study Objectives Methodology Geographic Regions of the World Definitions Inline Ultrasonic Flowmeter Types Inline Ultrasonic Flowmeters by Mounting Type Inline Ultrasonic Flowmeters by Fluid Type Inline Ultrasonic Flowmeters by Intelligence Level Smart Inline Ultrasonic Flowmeters by Communication Protocol Inline Ultrasonic Flowmeters for Gas by Application Inline Ultrasonic Flowmeters for Liquids by Application Transit Time Inline Ultrasonic Flowmeters by Number of Paths Inline Ultrasonic Flowmeters by Line Size End-User Industries for Inline Ultrasonic Flowmeters Distribution Channels for Inline Ultrasonic Flowmeters

6 vi Customer Types for Inline Ultrasonic Flowmeters Flow Research, Inc Flow Research Studies Custom Projects Worldflow Monitoring Service Flow Research Instrumentation Articles Three Ultrasonic Flowmeter Product and Technology Analysis 3-1 Overview New-Technology Flowmeters Ultrasonic Flowmeters Coriolis Flowmeters Magnetic Flowmeters Vortex Flowmeters Thermal Flowmeters Paradigm Case Selection Method Traditional Technology Flowmeters Familiarity Breeds Respect Switching Technologies Has a Cost Differential Pressure Positive Displacement Turbine Open Channel Variable Area Selecting a Flowmeter The Difference Between Paths and Chords in Ultrasonic Flowmeters Ultrasonic Flowmeter Product Analysis Cameron Measurement Systems Elis Plzeň a.s Elster Group SE Emerson Process Management Endress + Hauser FMC Technologies GE Measurement IDEX Corporation Accusonic Technologies Faure Herman

7 vii KROHNE Messtechnik GmbH & Co. KG OVAL Corporation SICK AG Siemens AG Thermo Fisher Scientific Tokyo Keiso Co., Ltd Ultraflux Four Market Size and Growth Forecast for Inline Ultrasonic Flowmeters 4-1 Overview Many Changes Occurred from 2008 to Multipath Ultrasonic Flowmeters are Increasingly Used for Natural Gas Flow Measurement Growth Factors for the Inline Ultrasonic Flowmeter Market Ultrasonic Flowmeters Have Advantages over Other Technologies Successful User Experience Serves as a Paradigm for the Industry Transit Time Flowmeters have impinged on Doppler Flowmeters Multipath Ultrasonic Flowmeter Used for Custody Transfer More Calibration Facilities Available Ultrasonic Flowmeters Gain Industry Approvals Factors Limiting the Growth of Ultrasonic Flowmeters Lack of Familiarity with Ultrasonic Flowmeters The Inherently Conservative Nature of Users in the Process Industries The Cost of Ultrasonic Flowmeters Issues Surrounding Calibration Market Size and Growth Forecasts Shipments of Inline Ultrasonic Flowmeters Worldwide by Region: Figures 4-1 to Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology: Figures 4-7 to Average Selling Prices of Inline Ultrasonic Flowmeters by Region by Technology: Figures 4-26 to Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide: Figures 4-31 to Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide: Figures 4-38 to

8 viii Shipments of Inline Ultrasonic Flowmeters Worldwide by Mounting Type: Figures 4-45 to Shipments of Inline Ultrasonic Flowmeters Worldwide... by Fluid Type: Figures 4-55 to Shipments of Inline Ultrasonic Flowmeters Worldwide by Intelligence Level: Figures 4-65 to Shipments of Smart Inline Ultrasonic Flowmeters Worldwide by Communication Protocol: Figures 4-75 to Shipments of Inline Ultrasonic Flowmeters for Gas Worldwide by Application: Figures 4-85 to Shipments of Inline Ultrasonic Flowmeters for Liquids Worldwide by Application: Figures 4-95 to Shipments of Transit Time Inline Ultrasonic Flowmeters Worldwide by Number of Paths: Figures to Shipments of Inline Ultrasonic Flowmeters Worldwide by Line Size: Figures to Shipments of Inline Ultrasonic Flowmeters Worldwide by Industry: Figures to Shipments of Inline Ultrasonic Flowmeters Worldwide by Distribution Channel: Figures to Shipments of Inline Ultrasonic Flowmeters Worldwide by Customer Type: Figures to Five Inline Ultrasonic Flowmeter Supplier Market Shares 5-1 Overview Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters Worldwide: Figures 5-1 to Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters Worldwide by Path Type: Figures 5-10 to The Leading Worldwide Suppliers of Inline Ultrasonic Flowmeters GE Sensing KROHNE Emerson Daniel Elster SICK Maihak The Leading Worldwide Suppliers of Inline Ultrasonic Flowmeters by Path Type

9 ix Six Strategies for Success 6-1 Overview Emphasize the Reliability of Ultrasonic Flowmeters Consider the Present and Future Values of Multipath Types Acceptance as the Highest Accuracy Gas Technology Improved Diagnostics are a Key Pursue the Market for Steam Applications Remember to Emphasize the Basics 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 Educate Your Customers about Ultrasonic Flow Technology Invest in Smart Flowmeters, and in Communication Protocols Seven Supplier Profiles 7-1 Cameron Measurement Systems Elis Plzeň a.s Elster Group SE Elster-Instromet GmbH Elster-Instromet N.V Elster American Meter (Headquarters) Elster Instromet (Elster Gas North America) Emerson Process Management Daniel Measurement and Control Endress + Hauser Holding AG Endress + Hauser (USA) FMC Technologies (Corporate Headquarters) FMC Technologies Measurement Solutions GE (Headquarters) GE Measurement and Control Solutions

10 x IDEX Corporation Accusonic Technologies, a Division of ADS LLC Liquid Controls Group (LCG), a Unit of IDEX Liquid Controls Liquid Controls Sponsler Faure Herman Europe S.A.M.P.I. / Liquid Controls KROHNE Messtechnik GmbH & Co. KG KROHNE Nederland B.V KROHNE, Inc OVAL Corporation SICK AG SICK Flow Solutions SICK, Inc Siemens AG Siemens Energy and Automation Siemens A/S Thermo Fisher Scientific Thermo Fisher Scientific / Thermo Scientific Tokyo Keiso Co., Ltd Ultraflux Appendix A: Overview of The World Market for Ultrasonic Flowmeters, 2 nd Edition... A-1 Appendix B: Supplier Directory... B-1

11 xi LIST OF FIGURES Figure 1-1 Total Shipments of Inline Ultrasonic Flowmeters Worldwide Total Shipments of Inline Ultrasonic Flowmeters Worldwide Shipments of Inline Ultrasonic Flowmeters by Region Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters Worldwide New-Technology, Traditional and Emerging Technology Flowmeters New-Technology Flowmeters Approved by the Fieldbus Foundation Total Shipments of Inline Ultrasonic Flowmeters Worldwide Total Shipments of Inline Ultrasonic Flowmeters Worldwide Shipments of Inline Ultrasonic Flowmeters Worldwide by Region Shipments of Inline Ultrasonic Flowmeters Worldwide by Region Shipments of Inline Ultrasonic Flowmeters Worldwide by Region Shipments of Inline Ultrasonic Flowmeters Worldwide by Region Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology Shipments of Inline Ultrasonic Flowmeters Worldwide by Technology Shipments of Inline Ultrasonic Flowmeters in North America by Technology Shipments of Inline Ultrasonic Flowmeters in North America by Technology Shipments of Inline Ultrasonic Flowmeters in Western Europe by Technology Shipments of Inline Ultrasonic Flowmeters in Western Europe by Technology Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Technology Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Technology Shipments of Inline Ultrasonic Flowmeters in Mideast/Africa by Technology

12 xii 4-17 Shipments of Inline Ultrasonic Flowmeters in Mideast/Africa by Technology Shipments of Inline Ultrasonic Flowmeters in Japan by Technology Shipments of Inline Ultrasonic Flowmeters in Japan by Technology Shipments of Inline Ultrasonic Flowmeters in China by Technology Shipments of Inline Ultrasonic Flowmeters in China by Technology Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Technology Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Technology Shipments of Inline Ultrasonic Flowmeters in Latin America by Technology Shipments of Inline Ultrasonic Flowmeters in Latin America by Technology Average Selling Prices of Inline Ultrasonic Flowmeters by Region Average Selling Prices of Inline Ultrasonic Flowmeters by Region by Technology Average Selling Prices of Inline Ultrasonic Flowmeters by Region by Technology Average Selling Prices of Inline Ultrasonic Flowmeters by Region by Technology Average Selling Prices of Inline Ultrasonic Flowmeters by Region by Technology Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide

13 xiii 4-38 Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide Shipments of Inline Ultrasonic Flowmeters Worldwide by Mounting Type Shipments of Inline Ultrasonic Flowmeters Worldwide by Mounting Type Shipments of Inline Ultrasonic Flowmeters in North America by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Western Europe by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Mideast/Africa by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Japan by Mounting Type Shipments of Inline Ultrasonic Flowmeters in China by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Mounting Type Shipments of Inline Ultrasonic Flowmeters in Latin America by Mounting Type Shipments of Inline Ultrasonic Flowmeters Worldwide by Fluid Type Shipments of Inline Ultrasonic Flowmeters Worldwide by Fluid Type Shipments of Inline Ultrasonic Flowmeters in North America by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Western Europe by Fluid Type

14 xiv 4-59 Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Mideast/Africa by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Japan by Fluid Type Shipments of Inline Ultrasonic Flowmeters in China by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Latin America by Fluid Type Shipments of Inline Ultrasonic Flowmeters in Worldwide by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Worldwide by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in North America by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Western Europe by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Mideast/Asia by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Japan by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in China by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Intelligence Level Shipments of Inline Ultrasonic Flowmeters in Latin America by Intelligence Level Shipments of Smart Inline Ultrasonic Flowmeters Worldwide by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters Worldwide by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in North America by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in Western Europe by Communication Protocol

15 xv 4-79 Shipments of Smart Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in Mideast/Africa by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in Japan by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in China by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in Rest of Asia by Communication Protocol Shipments of Smart Inline Ultrasonic Flowmeters in Latin America by Communication Protocol Shipments of Inline Ultrasonic Flowmeters for Gas Worldwide by Application Shipments of Inline Ultrasonic Flowmeters for Gas Worldwide by Application Shipments of Inline Ultrasonic Flowmeters for Gas in North America by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Western Europe by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Eastern Europe/FSU by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Mideast/Africa by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Japan by Application Shipments of Inline Ultrasonic Flowmeters for Gas in China by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Rest of Asia by Application Shipments of Inline Ultrasonic Flowmeters for Gas in Latin America by Application Shipments of Inline Ultrasonic Flowmeters for Liquids Worldwide by Application Shipments of Inline Ultrasonic Flowmeters for Liquids Worldwide by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in North America by Application

16 xvi 4-98 Shipments of Inline Ultrasonic Flowmeters for Liquids in Western Europe by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in Eastern Europe/FSU by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in Mideast/Africa by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in Japan by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in China by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in Rest of Asia by Application Shipments of Inline Ultrasonic Flowmeters for Liquids in Latin America by Application Shipments of Transit Time Inline Ultrasonic Flowmeters Worldwide by Number of Paths Shipments of Transit Time Inline Ultrasonic Flowmeters by Region by Number of Paths: North America, Western Europe Shipments of Transit Time Inline Ultrasonic Flowmeters by Region by Number of Paths: Eastern Europe/FSU, Mideast/Africa Shipments of Transit Time Inline Ultrasonic Flowmeters by Region by Number of Paths: Japan, China Shipments of Transit Time Inline Ultrasonic Flowmeters by Region by Number of Paths: Rest of Asia, Latin America Shipments of Inline Ultrasonic Flowmeters Worldwide by Line Size Shipments of Inline Ultrasonic Flowmeters by Region by Line Size: North America, Western Europe Shipments of Inline Ultrasonic Flowmeters by Region by Line Size: Eastern Europe/FSU, Mideast/Africa Shipments of Inline Ultrasonic Flowmeters by Region by Line Size: Japan, China Shipments of Inline Ultrasonic Flowmeters by Region by Line Size: Rest of Asia, Latin America Shipments of Inline Ultrasonic Flowmeters Worldwide by Industry Shipments of Inline Ultrasonic Flowmeters in North America by Industry Shipments of Inline Ultrasonic Flowmeters in Western Europe by Industry

17 xvii Shipments of Inline Ultrasonic Flowmeters in Eastern Europe/FSU by Industry Shipments of Inline Ultrasonic Flowmeters in Mideast/Africa by Industry Shipments of Inline Ultrasonic Flowmeters in Japan by Industry Shipments of Inline Ultrasonic Flowmeters in China by Industry Shipments of Inline Ultrasonic Flowmeters in Rest of Asia by Industry Shipments of Inline Ultrasonic Flowmeters in Latin America by Industry Shipments of Inline Ultrasonic Flowmeters Worldwide by Distribution Channel Shipments of Inline Ultrasonic Flowmeters by Region by Distribution Channel: North America, Western Europe Shipments of Inline Ultrasonic Flowmeters by Region by Distribution Channel: Eastern Europe/FSU, Mideast/Africa Shipments of Inline Ultrasonic Flowmeters by Region by Distribution Channel: Japan, China Shipments of Inline Ultrasonic Flowmeters by Region by Distribution Channel: Rest of Asia, Latin America Shipments of Inline Ultrasonic Flowmeters Worldwide by Customer Type Shipments of Inline Ultrasonic Flowmeters by Region by Customer Type: North America, Western Europe Shipments of Inline Ultrasonic Flowmeters by Region by Customer Type: Eastern Europe/FSU, Mideast/Africa Shipments of Inline Ultrasonic Flowmeters by Region by Customer Type: Japan, China Shipments of Inline Ultrasonic Flowmeters by Region by Customer Type: Rest of Asia, Latin America Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters Worldwide Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in North America Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Western Europe

18 xviii 5-4 Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Eastern Europe/FSU Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Mideast/Africa Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Japan Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in China Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Rest of Asia Market Shares for the Leading Suppliers of Inline Ultrasonic Flowmeters in Latin America Market Shares for the Leading Suppliers of Single and Dual Path Transit Time Inline Ultrasonic Flowmeters Worldwide Market Shares for Leading Suppliers of Multipath Transit Time Inline Ultrasonic Flowmeters Worldwide

19 xix LIST OF TABLES Table 2-1 New-Technology and Traditional Technology Flowmeters Emerging Technology Flowmeters New-Technology Flowmeters Approved by the Fieldbus Foundation Advantages and Disadvantages of DP and New-Technology Flowmeters New-Technology and DP Flowmeter Principles of Operation Paradigm Case Conditions for New-Technology Flowmeters Where Traditional Technology Flowmeters Excel Important Events in the Ultrasonic Flowmeter Market since LIST OF MAPS Map 2-1 World World by Region Asia Europe and Russia The Russian Federation China Japan India Indonesia Europe, Mideast, and Africa (EMEA) The Mideast Commonwealth of Independent States and Asia South America Central America The United States Canada

20 xx