By 2027, the market value of clamp-on ultrasonic flowmeters is expected to reach US$1.4567 billion

By 2027, the market value of clamp-on ultrasonic flowmeters is expected to reach US$1.4567 billion: Acumen Research and Consulting

Global market research provider Acumen Research and Consulting recently published a report entitled “Clamp-on Ultrasonic Flowmeter Market-Global Industry Analysis, Market Size, Opportunities and Forecasts, 2020-2027”

Shanghai, May 24, 2021 (GLOBE NEWSWIRE) – From 2020 to 2027, the global clip-on ultrasonic flowmeter market is expected to grow at a compound annual growth rate of about 8%, and the market value will exceed US$1.4567 billion by 2027 .

The existence of well-known companies in the clamp-on ultrasonic flowmeter market with manufacturing plants/units in the Asia-Pacific region is attributed to the growth in this region. In addition, the lower production cost in this region is one of the key factors promoting the growth of the global clamp-on ultrasonic flowmeter market.

Market dynamics

In recent years, ultrasonic flowmeters have made various advances, such as wireless connection and compatibility with single and dual sensors. Although there are some limitations due to non-conductive fluids, electromagnetic induction technology is very suitable for liquid flow measurement. After the ultrasonic flowmeter is calibrated with water, it can be used to measure other types of conductive fluids without additional correction. For the benefit of customers, some manufacturers have introduced new advanced technologies in flow meters to make flow measurement easier and more reliable. Some of the available products include battery-powered flow displays with local and remote displays where the equipment is affected by various environmental factors.

Ultrasonic flowmeters provide high-precision and cost-effective flow measurement, which promotes the development of the clamp-on ultrasonic flowmeter market. On the other hand, clip-on ultrasonic flowmeters are not compatible with non-conductive liquids, which may limit market growth. In addition, the advancement of sensor technology and the wide application of this equipment in oil and gas, petrochemical, pharmaceutical, water and wastewater, power generation and other industries are expected to promote the growth of the clip-on ultrasonic flowmeter market.

Segment Outlook

The global clamp-on ultrasonic flowmeter market is segmented according to measurement technology and very end users. According to measurement technology, the market is segmented into Doppler, transit time and hybrid. In addition, very end users are divided into chemical, petrochemical, oil and gas, pharmaceutical, food and beverage, water and wastewater, power generation, etc.

Competitive landscape

Major players in the clamp-on ultrasonic flowmeter market include Badger Meter, Inc., Bronkhorst High-Tech BV, CMC Technologies Pty Limited, Danfoss, EESIFLO, Emerson Electric Co., Endress+Hauser Group Services AG, Fuji Electric Co.. Ltd. , Honeywell International Inc., etc.

Some key observations about the clamp-on ultrasonic flowmeter industry include:

In June 2020, Badger Meter announced the launch of a new product “Dynasonics UHC100 Ultrasonic Thermal Energy Meter”. The newly launched product is one of the first instruments approved by Canadian metrology standards and can be used for liquid heating and cooling applications in Canada.

In September 2020, AW-Lake announced the launch of a new product “Portable Ultrasonic Flowmeter for Industrial Applications.” This device uses a transducer clamped outside the pipe. The transducer provides two functions to send or receive ultrasonic waves in a variety of configurations. The equipment is suitable for humid environments and can operate in a wide temperature range.

In May 2020, SONOTEC announced the launch of a new product “SEMIFLOW Ex1”. The newly launched product opens a new product category of intrinsically safe ultrasonic flow sensors with control devices for non-contact liquid flow measurement of small and medium rigid plastic pipes to ensure safe operation in hazardous areas. According to gas group IIB, the SEMIFLOW CO.66 PI Ex1 sensor prevents explosion hazards caused by gases, vapors and liquids. According to ATEX/IECEx, the equipment protection level (EPL) is “Gb” for zone 1.

In March 2017, Panametrics, a subsidiary of Baker Hughes, announced the launch of a new product, the “TransPort® PT900 Portable Ultrasonic Flowmeter.” The newly launched product is a clamp-on meter for liquid flow measurement. A lot of customer research and opinions informed the design of TransPort, which resulted in a brand new launcher and fixture and an application-driven user interface on the Android tablet. Taking into account the different experience levels and frequency of use requirements, TransPort is very easy to install and intuitive to use, anyone can confidently measure the flow within a few minutes, and then proceed to the next task. They don’t need to spend precious time programming and installing meters.