The World Market for Turbine Flowmeters, 2 nd Edition
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1 i The World Market for Turbine Flowmeters, 2 nd Edition Wakefield, Massachusetts January 2012
2 ii Researched by: 27 Water Street Suite B7 Wakefield, MA United States (fax) Project Team Jesse Yoder, PhD Publisher and Executive Director Belinda Burum Norman Weeks Leslie Buchanan Christina Glaser Nicole Riordan Jessica Weldy Published by January 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 Turbine Flowmeter Product and Technology Analysis Growth Factors for the Turbine Flowmeter Market Factors Limiting the Growth of Turbine Flowmeters Shipments of Turbine Flowmeters Worldwide by Region: Figures 1-1 to Shipments of Turbine Flowmeters Worldwide by Type: Figures 1-4 to Market Shares for the Leading Turbine Flowmeter Suppliers Worldwide: Figure Research and Develop New Features and Products Develop Improvements to the Basic Technology Two Scope and Method 2-1 Overview Study Objectives A Complete Analysis of the Flowmeter Market The Role of Viewpoint Pluralism The Importance of Multi-Technology Research Leading Suppliers vs. All Suppliers Methodology Geographic Regions of the World Definitions End-User Industries Applications Fluid Types Mounting Types Line Sizes Bearing Materials Sales Channels and Customer Types
6 vi Flow Research, Inc Flow Research Instrumentation Articles Flow Research Studies Custom Projects Worldflow Monitoring Service Three Turbine Flowmeter Product and Technology Analysis 3-1 Overview New-Technology Flowmeters Coriolis Flowmeters Magnetic Flowmeters Ultrasonic 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 Recent Developments among Positive Displacement and Turbine Flowmeter Suppliers Positive Displacement Flowmeters Turbine Flowmeters Mergers and Acquisitions in the PD and Turbine Markets Turbine Flowmeter Product Analysis Aichi Tokei Denki Co., Ltd The Arad Group Badger Meter, Inc Bopp & Reuther Messtechnik GmbH Cameron Danaher Corporation
7 vii Anderson Instrument Company, Inc Venture Measurement Company LLC Diehl Stiftung & Co. KG Elster Emerson Process Management Daniel Measurement and Control FMC Technologies GE Measurement and Control Solutions Dresser, Inc Great Plains Industries Hoffer Flow Controls, Inc IDEX Corporation, Liquid Controls Group (LCG) Liquid Controls Sponsler Faure Herman Itron Manu Electronics Pty Ltd Mueller Systems Ningbo Donghai Group Corporation Ningbo Huangtai Industrial Co., Ltd Nitto Seiko Co., Ltd Oval Corporation Racine Federated Honeywell International, Inc RMG Group Roper Industries, Inc Neptune Technology Group Inc FTI Flow Technology, Inc SATAM sas Sensus Spirax Sarco Engineering plc Group (EMCO) TASI Group AW-Lake Company KEM Küppers Elektromechanik GmbH Litre Meter Thermo Fisher Scientific Tokyo Keiso Co., Ltd Trimec Industries
8 viii Four Market Size and Growth Forecast 4-1 Overview Growth Factors for the Turbine Flowmeter Market Turbine Flowmeters Are Well-Established Installed Base of Turbine Flowmeters Approval Organizations Specify Turbine Meters Turbine Flowmeters Remain a Viable Choice for Steady, Medium to High-Speed Flows Turbine Suppliers Making Technology Improvements Factors Limiting the Growth of Turbine Flowmeters Competition from New-Technology Flowmeters Competition from Traditional Technology Meters Perception of Turbine Meters as Old Tech and Unreliable Companies Not Investing in Turbine Meters Market Size and Growth Forecasts Shipments of Turbine Flowmeters Worldwide by Region: Figures 4-1 to Shipments of Turbine Flowmeters Worldwide by Type: Figures 4-6 to Average Selling Prices of Turbine Flowmeters by Region and by Type: Figure 4-23 to Shipments of Axial Turbine Flowmeters Worldwide by Region: Figures 4-31 to Shipments of Single Jet Turbine Flowmeters Worldwide by Region: Figures 4-36 to Shipments of Multi-Jet Turbine Flowmeters Worldwide by Region: Figures 4-41 to Shipments of Paddlewheel Turbine Flowmeters Worldwide by Region: Figures 4-46 to Shipments of Pelton Wheel Turbine Flowmeters Worldwide by Region: Figures 4-51 to Shipments of Propeller Turbine Flowmeters Worldwide by Region: Figures 4-56 to Shipments of Woltman Turbine Flowmeters Worldwide by Region: Figures 4-61 to
9 ix Shipments of Compound Turbine Flowmeters Worldwide by Region: Figures 4-66 to Shipments of Fire Service Turbine Flowmeters Worldwide by Region: Figures 4-71 to Shipments of Other Turbine Flowmeters Worldwide by Region: Figures 4-76 to Shipments of Other Turbine Flowmeters Worldwide by Region: Figures 4-76 to Shipments of Turbine Flowmeters Worldwide by Region by Application: Figures 4-81 to Shipments of Turbine Flowmeters Worldwide by Region by Fluid Type: Figures 4-89 to Shipments of Turbine Flowmeters Worldwide by Region by Mounting Type: Figures 4-97 to Shipments of Turbine Flowmeters Worldwide by Region by Bearing Material: Figures to Shipments of Turbine Flowmeters Worldwide by Region by Line Size: Figures to Shipments of Turbine Flowmeters Worldwide by Region by Industry: Figures to Shipments of Turbine Flowmeters Worldwide by Region by Distribution Channel: Figures to Shipments of Turbine Flowmeters Worldwide by Region by Customer Type: Figures to Five Turbine Flowmeter Supplier Market Shares 5-1 Overview Market Shares for the Leading Suppliers of Turbine Flowmeters Worldwide: Figures 5-1 to Market Shares for the Leading Suppliers of Turbine Flowmeters for Water/Wastewater Applications Worldwide: Figure Market Shares for the Leading Suppliers of Turbine Meters for Municipal/Industrial Gas Applications Worldwide: Figure Market Shares for the Leading Suppliers of Turbine Meters for Oil Applications: Figure Market Shares for the Leading Suppliers of Turbine Flowmeters for Industrial Liquid Applications Worldwide: Figure
10 x Six Strategies for Success 6-1 Research and Develop New Features and Products Develop Improvements to the Basic Technology Make Customers Potential Ancillary Costs a Part of Your Retention Strategy Reinforce the Price Advatage of Turbine Flowmeters Become a Broadline Supplier Form Alliances with Other Companies Provide a Migration Path for End-Users to More Current Technology Create and Maintain a Coherent and Understandable Product Naming System Build a Great Website, and Keep it Up-to-Date Educate Your Customers about Flow Technology Invest in Smart Flowmeters, and in Communication Protocols Prospects are Good for Turbine Flowmeters Seven Supplier Profiles 7-1 Aichi Tokei Denki Co., Ltd Arad Group Badger Meter, Inc.; Cox Flow Measurement division Bopp & Reuther Messtechnik GmbH Cameron Measurement Systems Danaher Corporation Anderson Instrument Company, Inc McCrometer, Inc Venture Measurement Company LLC Diehl Stiftung & Co., KG Elster Group SE Emerson Process Management Daniel Measurement and Control FMC Technologies GE GE Measurement and Control Solutions
11 xi Dresser, Inc GL Flow Limited Great Plains Industries Hoffer Flow controls, Inc Honeywell International, Inc RMG Group IDEX Corporation (Liquid Controls Group) Itron ManuFlo Flow Measurement Products Mueller Systems Ningbo Donghai Group Corporation Ningbo Huangtai Industrial Co., Ltd Nitto Seiko Co., Ltd OVAL Corporation Racine Federated Inc Roper Industries, Inc Neptune Technology Group Inc FTI Flow Technology, Inc SATAM sas Sensus Spirax Sarco Engineering plc Group (EMCO) TASI Group AW-Lake Company KEM Küppers Elektromechanik GmbH Litre Meter Limited Thermo Fisher Scientific Tokyo Keiso Co., Ltd Trimec Industries
12 xii LIST OF FIGURES Figure 1-1 Total Shipments of Turbine Meters Worldwide Total Shipments of Turbine Meters Worldwide Shipments of Turbine Flowmeters by Region Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters Worldwide by Type Market Shares for the Leading Suppliers of Turbine Flowmeters Worldwide 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 Mergers and Acquisitions in Traditional Technology Flowmeter Suppliers Types of Turbine Flowmeters by Supplier Total Shipments of Turbine Flowmeters Worldwide Total Shipments of Turbine Flowmeters Worldwide Shipments of Turbine Flowmeters by Region Shipments of Turbine Flowmeters by Region Shipments of Turbine Flowmeters by Region Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters Worldwide by Type Shipments of Turbine Flowmeters in North America by Type Shipments of Turbine Flowmeters in North America by Type Shipments of Turbine Flowmeters in Europe by Type
13 xiii 4-14 Shipments of Turbine Flowmeters in Europe by Type Shipments of Turbine Flowmeters in Japan by Type Shipments of Turbine Flowmeters in Japan by Type Shipments of Turbine Flowmeters in China by Type Shipments of Turbine Flowmeters in China by Type Shipments of Turbine Flowmeters in Rest of Asia by Type Shipments of Turbine Flowmeters in Rest of Asia by Type Shipments of Turbine Flowmeters in Rest of World by Type Shipments of Turbine Flowmeters in Rest of World by Type Average Selling Price of Turbine Flowmeters by Region Average Selling Price of Turbine Flowmeters Worldwide by Type Average Selling Price of Turbine Flowmeters in North America by Type Average Selling Price of Turbine Flowmeters in Europe by Type Average Selling Price of Turbine Flowmeters in Japan by Type Average Selling Price of Turbine Flowmeters in China by Type Average Selling Price of Turbine Flowmeters in Rest of Asia by Type Average Selling Price of Turbine Flowmeters in Rest of World by Type Shipments of Axial Turbine Flowmeters Worldwide Shipments of Axial Turbine Flowmeters Worldwide Shipments of Axial Turbine Flowmeters by Region Shipments of Axial Turbine Flowmeters by Region Shipments of Axial Turbine Flowmeters by Region Shipments of Single Jet Turbine Flowmeters by Region Shipments of Single Jet Turbine Flowmeters by Region Shipments of Single Jet Turbine Flowmeters by Region Shipments of Single Jet Turbine Flowmeters by Region Shipments of Single Jet Turbine Flowmeters by Region Shipments of Multi-Jet Turbine Flowmeters by Region Shipments of Multi-Jet Turbine Flowmeters by Region Shipments of Multi-Jet Turbine Flowmeters by Region Shipments of Multi-Jet Turbine Flowmeters by Region Shipments of Multi-Jet Turbine Flowmeters by Region Shipments of Paddlewheel Turbine Flowmeters by Region Shipments of Paddlewheel Turbine Flowmeters by Region Shipments of Paddlewheel Turbine Flowmeters by Region Shipments of Paddlewheel Turbine Flowmeters by Region Shipments of Paddlewheel Turbine Flowmeters by Region
14 xiv 4-51 Shipments of Pelton Wheel Turbine Flowmeters by Region Shipments of Pelton Wheel Turbine Flowmeters by Region Shipments of Pelton Wheel Turbine Flowmeters by Region Shipments of Pelton Wheel Turbine Flowmeters by Region Shipments of Pelton Wheel Turbine Flowmeters by Region Shipments of Propeller Turbine Flowmeters by Region Shipments of Propeller Turbine Flowmeters by Region Shipments of Propeller Turbine Flowmeters by Region Shipments of Propeller Turbine Flowmeters by Region Shipments of Propeller Turbine Flowmeters by Region Shipments of Woltman Turbine Flowmeters by Region Shipments of Woltman Turbine Flowmeters by Region Shipments of Woltman Turbine Flowmeters by Region Shipments of Woltman Turbine Flowmeters by Region Shipments of Woltman Turbine Flowmeters by Region Shipments of Compound Turbine Flowmeters by Region Shipments of Compound Turbine Flowmeters by Region Shipments of Compound Turbine Flowmeters by Region Shipments of Compound Turbine Flowmeters by Region Shipments of Compound Turbine Flowmeters by Region Shipments of Fire Service Turbine Flowmeters Worldwide Shipments of Fire Service Turbine Flowmeters Worldwide Shipments of Fire Service Turbine Flowmeters Worldwide Shipments of Fire Service Turbine Flowmeters Worldwide Shipments of Fire Service Turbine Flowmeters Worldwide Shipments of Other Turbine Flowmeters Worldwide Shipments of Other Turbine Flowmeters Worldwide Shipments of Other Turbine Flowmeters Worldwide Shipments of Other Turbine Flowmeters Worldwide Shipments of Other Turbine Flowmeters Worldwide Shipments of Turbine Flowmeters Worldwide by Application Shipments of Turbine Flowmeters Worldwide by Application Shipments of Turbine Flowmeters in North America by Application Shipments of Turbine Flowmeters in Europe by Application Shipments of Turbine Flowmeters in Japan by Application Shipments of Turbine Flowmeters in China by Application Shipments of Turbine Flowmeters in Rest of Asia by Application
15 xv 4-88 Shipments of Turbine Flowmeters in Rest of World by Application Shipments of Turbine Flowmeters Worldwide by Fluid Type Shipments of Turbine Flowmeters Worldwide by Fluid Type Shipments of Turbine Flowmeters in North America by Fluid Type Shipments of Turbine Flowmeters in Europe by Fluid Type Shipments of Turbine Flowmeters in Japan by Fluid Type Shipments of Turbine Flowmeters in China by Fluid Type Shipments of Turbine Flowmeters in Rest of Asia by Fluid Type Shipments of Turbine Flowmeters in Rest of World by Fluid Type Shipments of Turbine Flowmeters Worldwide by Mounting Type Shipments of Turbine Flowmeters Worldwide by Mounting Type Shipments of Turbine Flowmeters in North America by Mounting Type Shipments of Turbine Flowmeters in Europe by Mounting Type Shipments of Turbine Flowmeters in Japan by Mounting Type Shipments of Turbine Flowmeters in China by Mounting Type Shipments of Turbine Flowmeters in Rest of Asia by Mounting Type Shipments of Turbine Flowmeters in Rest of World by Mounting Type Shipments of Turbine Flowmeters Worldwide by Bearing Material Shipments of Turbine Flowmeters in North America by Bearing Material Shipments of Turbine Flowmeters in Europe by Bearing Material Shipments of Turbine Flowmeters in Japan by Bearing Material Shipments of Turbine Flowmeters in China by Bearing Material Shipments of Turbine Flowmeters in Rest of Asia by Bearing Material Shipments of Turbine Flowmeters in Rest of World by Bearing Material Shipments of Turbine Flowmeters Worldwide by Line Size Shipments of Turbine Flowmeters in North America by Line Size Shipments of Turbine Flowmeters in Europe by Line Size Shipments of Turbine Flowmeters in Japan by Line Size Shipments of Turbine Flowmeters in China by Line Size Shipments of Turbine Flowmeters in Rest of Asia by Line Size Shipments of Turbine Flowmeters in Rest of World by Line Size Shipments of Turbine Flowmeters Worldwide by Industry Shipments of Turbine Flowmeters in North America by Industry Shipments of Turbine Flowmeters in Europe by Industry Shipments of Turbine Flowmeters in Japan by Industry Shipments of Turbine Flowmeters in China by Industry Shipments of Turbine Flowmeters in Rest of Asia by Industry
16 xvi Shipments of Turbine Flowmeters in Rest of World by Industry Shipments of Turbine Flowmeters Worldwide by Distribution Channel Shipments of Turbine Flowmeters by Region by Distribution Channel Shipments of Turbine Flowmeters by Region by Distribution Channel Shipments of Turbine Flowmeters by Region by Distribution Channel Shipments of Turbine Flowmeters by Region by Distribution Channel Shipments of Turbine Flowmeters Worldwide by Customer Type Shipments of Turbine Flowmeters by Region by Customer Type Shipments of Turbine Flowmeters by Region by Customer Type Shipments of Turbine Flowmeters by Region by Customer Type Market Shares for the Leading Suppliers of Turbine Flowmeters Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters in North America Market Shares for the Leading Suppliers of Turbine Flowmeters in Europe Market Shares for the Leading Suppliers of Turbine Flowmeters in Japan Market Shares for the Leading Suppliers of Turbine Flowmeters in China Market Shares for the Leading Suppliers of Turbine Flowmeters in Rest of Asia Market Shares for the Leading Suppliers of Turbine Flowmeters in Rest of World Market Shares for the Leading Suppliers of Turbine Flowmeters for Water/Wastewater Applications Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters for Municipal/Industrial Gas Applications Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters for Oil Applications Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters for Industrial Liquid Applications Worldwide
17 xvii 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 Appendix A: Overview of The World Market for Turbine Flowmeters, 2 nd Edition... A-1
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