Module C: The World Market for Custody Transfer of Natural Gas

Transcription

1 Module C: The World Market for Custody Transfer of Natural Gas Wakefield, Massachusetts

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3 i Module C: The World Market for Custody Transfer of Natural Gas Wakefield, Massachusetts July 2011

4 ii Researched by: 27 Water Street Suite B7 Wakefield, MA United States (781) (781) (fax) Project Team Jesse Yoder, PhD Publisher and Project Director Belinda Burum Norman Weeks Nicole Riordan Christina Glaser Leslie Buchanan Jessica Weldy Published by July 2011

5 iii Copyright 2011 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.

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7 v TABLE OF CONTENTS One Executive Summary Overview Study Objectives Geographic Regions of the World Definitions Flowmeter Types Much New Development Aimed at Custody Transfer Applications. 1-3 Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide by Technology: Figures 1-1 to Two Scope and Method Overview Study Objectives Methodology Geographic Regions of the World The Role of Viewpoint Pluralism Definitions Flowmeter Types Segmentation by Technology Flow Research, Inc Flow Research Market Research Studies Custom Reports Worldflow Monitoring Service Flow Research Instrumentation Articles Three The Worldwide Market for All Flowmeters Used For Custody Transfer of Natural Gas American Gas Association Operations Conference & Biennial Exhibition Manufacturers Respond to End-User Needs Much New Development Aimed at Custody Transfer Applications. 3-3 Ultrasonic for Gas and Coriolis for Petroleum Liquids End-Users Benefit Market Size and Growth Forecasts

8 vi Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide by Flowmeter Type: Figures 3-1 to Four The Worldwide Market for Coriolis Flowmeters Used for Custody Transfer of Natural Gas Why Measure Mass Flow Coriolis Remains the Most Accurate Flowmeter Coriolis Gas Flowmeter Product Analysis Emerson Process Management - Micro Motion Endress+Hauser GE Measurement & Control Solutions Invensys Foxboro KROHNE Siemens Growth Factors for the Coriolis Flowmeter Market Custody Transfer of Natural Gas is a Potential Boom Market for Coriolis Meters Suppliers Continue to Make Technological Improvements in Coriolis Flowmeters Growth in Coriolis Meters for Larger Line Sizes User Are Looking for Low Maintenance Factors Limiting Growth Market Size and Growth Forecasts Shipments of Coriolis Flowmeters for Custody Transfer of Natural Gas Worldwide: Figures 4-1 to Average Selling Price of Coriolis Flowmeters for Custody Transfer of Natural Gas by Region: Figure Five The Worldwide Market for Ultrasonic Flowmeters Used for Custody Transfer of Natural Gas Overview History Advantages of Ultrasonic Flowmeters Ultrasonic Gas Flowmeter Product Analysis Elster Instromet Emerson Process Management - Daniel FMC Technologies

9 vii GE Measurement & Control Solutions Honeywell International, Inc. - RMG Group KROHNE SICK AG Growth Factors for the Ultrasonic Flowmeter Market Multipath Ultrasonic Flowmeters Used for Custody Transfer Improvements in Transit Time Technology More Calibration Facilities Available Ultrasonic Flowmeters Gain Industry Approvals Factors Limiting Growth Market Size and Growth Forecasts Shipments of Ultrasonic Flowmeters for Custody Transfer of Natural Gas Worldwide and by Region: Figures 5-1 to Average Selling Price of Ultrasonic Flowmeters for Custody Transfer of Natural Gas by Region: Figure Six The Worldwide Market for Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas Promise of Greater Reliability and Performance Multivariable Flowmeters Differential Pressure Transmitters Used to Measure Gas Flow Four Types of Pressure Transmitters Differential Pressure Flowmeters History of DP Flowmeters Theory of Differential Pressure Measurement What is a Differential Pressure Flowmeter? Differential Pressure Gas Flow Transmitter Product Analysis ABB Ltd Cameron Measurement Systems Emerson Process Management - Bristol Emerson Process Management - Rosemount Endress+Hauser Fuji Electric Honeywell Invensys Foxboro Siemens SMAR Equipamentos Industrials Ltda

10 viii Thermo Fisher Scientific, Thermo Scientific Yamatake (azbil) Yokogawa Factors Promoting the Growth of the Pressure Transmitter Market Plant Renovations and Upgrades The Large Installed Base of Differential Pressure Flow Transmitters Rapid Growth in China and Other Developing Markets Advanced Features in Differential Pressure Flow Transmitters Market Size and Growth Forecasts Shipments of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas Worldwide and by Region: Figures 6-1 to Average Selling Prices of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas: Figure Seven The Worldwide Market for Primary Flow Elements Used for Custody Transfer of Natural Gas Product Analysis of Primary Elements for Gas Custody Transfer Ametek, Inc., Solartron ISA Cameron, Measurement Systems Division Canalta Controls Ltd Emerson Process Management - Daniel Emerson Process Management - Rosemount TMCo Inc Factors Promoting the Growth of the Primary Elements Market Growth in the Oil & Gas Industry Technology Improvements in Primary Elements Growth in the Use of Multivariable DP Flowmeters Growth in the Use of Integrated DP Flowmeters Market Size and Growth Forecasts Shipments of Primary Elements for Custody Transfer of Natural Gas Worldwide and by Region: Figures 7-1 to

11 ix Average Selling Prices of Primary Elements for Custody Transfer of Natural Gas: Figure Eight The Worldwide Market for Turbine Flowmeters Used for Custody Transfer of Natural Gas History Turbine Flowmeter Design Turbine Gas Flowmeter Product Analysis Cameron Elster Emerson Process Management Daniel Hoffer Flow Controls, Inc Honeywell International, Inc. RMG Group Sensus 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 Market Size and Growth Forecasts Shipments of Turbine Flowmeters for Custody Transfer of Natural Gas Worldwide and by Region: Figures 8-1 to Average Selling Prices of Primary Elements for Custody Transfer of Natural Gas by Region: Figure Nine Market Shares for the Leading Suppliers of Flowmeters Used for Custody Transfer of Natural Gas Coriolis Ultrasonic Primary Elements Turbine

12 x Ten Supplier Profiles ABB Ltd Ametek, Inc Solartron ISA Bopp & Reuther Cameron Canalta Controls Ltd Elster Group Emerson Process Management Bristol Measurement and Control Daniel Measurement and Control Micro Motion Inc Rosemount Division Endress+Hauser FMC Technologies Fuji Electric GE Measurement & Control Solutions Dresser, Inc Hoffer Flow Controls Honeywell International Inc RMG Group Invensys Foxboro KROHNE OVAL Corporation Sensus SICK AG Siemens SMAR Thermo Fisher Scientific TMCo, Inc Yamatake (azbil) Yokogawa Electric Corporation

13 xi Appendix A: Overview of The World Market for Gas Flow Measurement, 2 nd Edition... A-1 Appendix B: Directory of Suppliers... B-1 LIST OF FIGURES Figure 1-1 Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of All Flowmeters for Custody Transfer of Natural Gas by Technology Shipments of All Flowmeters for Custody Transfer of Natural Gas by Technology New-Technology and Traditional Technology Flowmeters New-Technology Flowmeters Approved by the Fieldbus Foundation Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Shipments of All Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of All Flowmeters for Custody Transfer of Natural Gas by Technology Shipments of All Flowmeters for Custody Transfer of Natural Gas by Technology Shipments of Coriolis Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Shipments of Coriolis Flowmeters for Custody Transfer of Natural Gas Worldwide

14 xii 4-3 Shipments of Coriolis Flowmeters for Custody Transfer of Natural Gas by Region Shipments of Coriolis Flowmeters for Custody Transfer of Natural Gas by Region Average Selling Price of Coriolis Flowmeters for Custody Transfer of Natural Gas by Region Shipments of Ultrasonic Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Ultrasonic Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Ultrasonic Flowmeters for Custody Transfer of Natural Gas by Region Shipments of Ultrasonic Flowmeters for Custody Transfer of Natural Gas by Region Average Selling Price of Ultrasonic Flowmeters for Custody Transfer of Natural Gas by Region Shipments of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas Worldwide Shipments of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas Worldwide Shipments of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas by Region Shipments of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas Worldwide Average Selling Price of Differential Pressure Flow Transmitters for Custody Transfer of Natural Gas by Region Shipments of Primary Flow Elements for Custody Transfer of Natural Gas Worldwide Shipments of Primary Flow Elements for Custody Transfer of Natural Gas Worldwide Shipments of Primary Flow Elements for Custody Transfer of Natural Gas by Region Shipments of Primary Flow Elements for Custody Transfer

15 xiii of Natural Gas by Region Average Selling Price of Primary Flow Elements for Custody Transfer of Natural Gas by Region Shipments of Turbine Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Turbine Flowmeters for Custody Transfer of Natural Gas Worldwide Shipments of Turbine Flowmeters for Custody Transfer of Natural Gas by Region Shipments of Turbine Flowmeters for Custody Transfer of Natural Gas by Region Average Selling Price of Turbine Flowmeters for Custody Transfer of Natural Gas by Region Market Shares for the Leading Suppliers of Coriolis Flowmeters for Custody Transfer of Natural Gas Worldwide Market Shares for the Leading Suppliers of Ultrasonic Flowmeters for Custody Transfer of Natural Gas Worldwide Market Shares for the Leading Suppliers of Primary Elements for Custody Transfer of Natural Gas Worldwide Market Shares for the Leading Suppliers of Turbine Flowmeters for Custody Transfer of Natural Gas Worldwide

16 xiv LIST OF TABLES Table 4-1 Advantages and Disadvantages of Coriolis Flowmeters for Gas Flow Advantages and Disadvantages of Ultrasonic Flowmeters for Gas Flow Advantages of Ultrasonic Flowmeters Compared to Other Types Advantages and Disadvantages of DP Flow Transmitters for Gas Flow Advantages and Disadvantages of Turbine Flowmeters for Gas Flow

17 xv LIST OF MAPS Map 2-1 World World by Region Asia Europe and Russia The Russian Federation China Japan India Indonesia Europe, Middle East, and Africa (EMEA) The Middle East Commonwealth of Independent States and Asia South America Central America North America (The United States and Canada)

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