January 2009

Trends and Resources

HP Impact: HPImpact: Natural gas demand impels healthy growth in ultrasonic flowmeters

The ultrasonic flowmeter market remains the fastest growing market of any flowmeter type, according to a new market study from Flow Research (www.flowresearch.com). The study shows the worldwide ult..

Weirauch, Wendy, Hydrocarbon Processing Staff

The ultrasonic flowmeter market remains the fastest growing market of any flowmeter type, according to a new market study from Flow Research (www.flowresearch.com). The study shows the worldwide ultrasonic flowmeter market at $440 million in 2007, up from $255 million in 2002, with a projected growth rate of 9.8% through 2012. The study also finds that the number of companies entering the ultrasonic flowmeter market is rising and predicts that even more companies will enter the market as ultrasonic flowmeter usage continues to grow. The single most important factor in the growth of ultrasonic flowmeters has been the explosive growth in the market of multipath ultrasonic meters for cu

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