Global Ultrasonic Flow Meters Market By Product Type (Ultrasonic Transit Time, Ultrasonic Doppler & Ultrasonic Open Channel), By No. of Paths (3-path transit time, 4-path transit time & Others), By Sales Channel (Direct Sales, Independent Representatives, & Others), By End User Industry (Oil & Gas, Water & Wastewater & Others), By Region, Competition, Forecast & Opportunities, 2024

Global ultrasonic flow meters market is expected to grow at a CAGR of around 7% during the forecast period. Ultrasonic flow meter is a device that is used to measure the quantity of a liquid or gas that is moving through a pipe. The device measures the fluid velocity which then calculates the motion of gas or any liquid flowing.

Increasing greenfield investments in China, rising demand for advanced flow measuring technologies, and increase in shale gas exploration activities in the US are some of the major factors propelling the growth of ultrasonic flow meters market. Additionally, other factors fuelling the growth of market include availability of the broad range of flow meters in the market.

The global ultrasonic flow meters market is segmented based on product type, no. of paths, sales channel, end user industry, region and company. Based on

Regionally, the ultrasonic flow meters market

The major players operating in the ultrasonic flow meters market are Asea Brown Boveri Ltd., Rockwell Automation Inc., Honeywell International Inc., Emerson Electric Co., Yokogawa Electric Co., Teledyne Isco Inc., Badger Meter Inc., Index Corporation, Emerson Process Management, Invensys Process Systems and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report

Historical Years2014-2017

Base Year2018

Estimated Year2019

Forecast Period2020–2024

Objective of the Study

• To analyze and forecast the market size of global ultrasonic flow meters market.
• To classify and forecast global ultrasonic flow meters market based on product type, no. of paths, sales channel, end user industry, and company and regional distribution.
• To identify drivers and challenges for global ultrasonic flow meters market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global ultrasonic flow meters market.
• To conduct pricing analysis for global ultrasonic flow meters market.
• To identify and analyze the profile of leading players operating in global ultrasonic flow meters market.

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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

Market insights research calculated the market size of

Key Target Audience

• Ultrasonic flow meters manufacturers and suppliers
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to ultrasonic flow meters

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.