Description
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The World Market for Coriolis Flowmeters, 7th Edition
Our end-user interviews indicate that the interest in Coriolis flowmeters remains at a very high level, and that end-user needs have become more complex and demanding. We have determined that some of the growth in this market is due to growth in the oil & gas and other energy markets, and are interested to learn the growth rates of other industries since the 2020 pandemic depressed oil demand and forced oil producers to cut supply. We see pent-up demand and an improved economic environment creating much more favorable conditions for Coriolis flowmeters in the second half of 2023.
Since completing our first Coriolis study in 2001, we have been following this market very closely. Many developments have been described in our quarterly report, the Market Barometer. Each issue of the Market Barometer includes an update on the Coriolis flowmeter market. This new study builds on the knowledge we have gained over the years, but it is a completely new look at this market. For more information on the Market Barometer, go to www.worldflow.com.
Goals of Study
This study has accomplished several important objectives:
To provide the 2022 market size in US dollars and unit volume for Coriolis flowmeters worldwide
To provide market shares of the leading suppliers of Coriolis flowmeters worldwide
To provide a detailed forecast of the market for Coriolis flowmeters in dollars and unit volumes through 2024
To provide segmented data both on a worldwide basis and for each of eight global regions
To provide a technology and product analysis for Coriolis flowmeters
To provide market and product strategies for suppliers of Coriolis flowmeters worldwide
- To provide company profiles of the significant suppliers of Coriolis flowmeters worldwide
- The use of Coriolis flowmeters for multiphase flow measurement
Key Issues Addressed
This study addresses the key issues in the Coriolis flowmeter market, including:
Growth in the use of smart Coriolis flowmeters
The relative merits of straight tube vs bent tube meters
The growing use of Coriolis flowmeters to measure gas flow
The emerging market for Coriolis in steam flow measurement
Growth in the market for large line size Coriolis meters
Low cost Coriolis meters
Segmentation
The segmentation for this study is as follows:
Coriolis Flowmeters by Flowtube Type
Coriolis Flowmeters by Mounting Type
Coriolis Flowmeters by Fluid Type
Coriolis Flowmeters by Line Size
Coriolis Flowmeters by Intelligence Level
Smart Coriolis Flowmeters by Communication Protocol
Coriolis Flowmeters by Temperature Range
Coriolis Flowmeters by Tube Material Type
Coriolis Flowmeters by Application
Coriolis Flowmeters by Industry
Coriolis Flowmeters by Distribution Channel
Coriolis Flowmeters by Customer Type
For further details on this study, please see www.flowCoriolis.com.