The
World Market for Gas Flow Measurement
Book One:
New-Technology Flowmeters
Book Two: Traditional
Technology Flowmeters
Published by
September
2004
Flow Research, Inc.
27
Water Street Wakefield,
MA 01880 (781)
245-3200 (781)
224-7552 www.flowresearch.com
TABLE OF CONTENTS
Chapter
Description
Page Number One..................... Executive Summary........................................................................... 1-1 Overview............................................................................................. 1-1 Study Objectives.................................................................................. 1-1 Shipments of Gas Flowmeters by Region: Figures 1-1 to 1-3................ 1-2 Shipments of Gas Flowmeters by Flowmeter Type: Figure 1-4.............. 1-2 Market Shares for the Suppliers of Gas Flowmeters: Figure 1-5............ 1-4 Tap into the Fast-Growing Market for Gas Flow Measurement............. 1-4 Emphasize the Accuracy and Reliability of Gas Flowmeters................... 1-5 Two..................... Introduction and Methodology......................................................... 2-1 Overview............................................................................................. 2-1 A complete Analysis of the Flowmeter & Pressure Markets.................. 2-1 The Role of Viewpoint Pluralism........................................................... 2-3 The Importance of Cross-Technology Research.................................... 2-4 Leading Suppliers vs. All suppliers........................................................ 2-5 Study Objectives.................................................................................. 2-6 Methodology....................................................................................... 2-6 Definitions............................................................................................ 2-8 Geographic Regions............................................................................. 2-9 Industries Included............................................................................. 2-18 Flowmeter Sizes................................................................................. 2-18 Flowmeter Applications...................................................................... 2-19 Flowmeter Industry Structure............................................................. 2-20 Flow Research, Inc............................................................................ 2-20 Custom Projects................................................................................ 2-25
Chapter
Description
Page Number Three.................. World Market Size and Forecast..................................................... 3-1 Shipments of Gas Flowmeters by Region: Figures 3-1 to 3-5................ 3-1 Shipments of Gas Flowmeters by Flowmeter Type: Figures 3-7 to 3-12.............................................................................. 3-2 Average Selling Price of Gas Flowmeters by Type: Figure 3-13............ 3-3 Market Shares for the Suppliers of Gas Flowmeters: Figure 3-14.......... 3-4 Four.................... Coriolis Gas Flow Products, Market Size, and Forecast................. 4-1 Why Measure Mass Flow?.................................................................. 4-1 Coriolis Flowmeter Product Analysis.................................................... 4-2 Emerson Brooks.................................................................................. 4-3 Endress+Hauser................................................................................... 4-3 Heinrichs.............................................................................................. 4-4 Krohne................................................................................................ 4-4 Micro Motion...................................................................................... 4-5 Oval.................................................................................................... 4-6 Rheonik............................................................................................... 4-7 Yokogawa........................................................................................... 4-7 Market Size and Growth Forecasts...................................................... 4-8 Growth Factors for the Coriolis Gas Flowmeter Market........................ 4-9 Custody Transfer of Natural Gas is a Potential Boom Market for Coriolis Meters................................................................... 4-9 Introduction of Low Cost Coriolis Meters........................................... 4-10 High Accuracy Continues to be a Factor............................................. 4-11 Users are Looking for Low Maintenance............................................ 4-12 Suppliers Continue to Make Technological Improvements in Coriolis Flowmeters........................................................................ 4-12 Factors Limiting Growth..................................................................... 4-13
Chapter
Description
Page Number 4 (continued) Market Forecasts............................................................................... 4-12 Shipments of Coriolis Gas Flowmeter by Region: Figures 4-1 to 4-5.............................................................................. 4-13 Average Selling Price of Coriolis Gas Flowmeters by Region: Figure 4-6.......................................................................................... 4-14 Shipments of Coriolis Gas Flowmeters by Application: Figures 4-7 to 4-14............................................................................ 4-14 Average Price of Coriolis Gas Flowmeters by Application: Figure 4-15........................................................................................ 4-14 Shipments of Coriolis Flowmeters Worldwide by Line Size: Figure 4-16........................................................................................ 4-14 Shipments of Coriolis Flowmeters Worldwide by Industry: Figure 4-17........................................................................................ 4-15 Shipments of Coriolis Flowmeters Worldwide by Distribution Channels: Figure 4-18........................................................................ 4-15 Shipments of Coriolis Flowmeters Worldwide by Customer Type:................................................................................. 4-15 Five ............................ Ultrasonic Gas Flow Products, Market Size, and Forecast............. 5-1 Overview............................................................................................. 5-1 History................................................................................................. 5-1 Advantages of Ultrasonic Flowmeters................................................... 5-2 Types of Ultrasonic Flowmeters........................................................... 5-4 Ultrasonic Flowmeter Product Analysis................................................. 5-5 Controlotron........................................................................................ 5-6 Durag Group........................................................................................ 5-6 Emerson Daniel.................................................................................... 5-6 FMC Measurement Solutions............................................................... 5-7 GE Panametrics................................................................................... 5-8 Roxar.................................................................................................. 5-9 Instromet........................................................................................... 5-10
Chapter
Description
Page Number 5 (continued) Kaijo................................................................................................. 5-11 Krohne.............................................................................................. 5-11 Matelco............................................................................................. 5-12 Sick................................................................................................... 5-13 Teledyne Monitor Labs...................................................................... 5-13 Tokimec............................................................................................ 5-13 Ultraflux............................................................................................. 5-14 Market Size and Growth Forecasts.................................................... 5-15 Growth Factors for the Ultrasonic Gas Flowmeter Market.................. 5-15 Use for Custody Transfer of Natural Gas............................................ 5-16 Suppliers Continue to Enter the Market.............................................. 5-17 The Development of Multipath Flowmeters......................................... 5-17 More Calibration Facilities Now Available.......................................... 5-18 Increased Use of Ultrasonic Flowmeters in the Process Industries........................................................................................... 5-19 Factors Limiting Growth..................................................................... 5-19 Market Forecasts............................................................................... 5-20 Shipments of Ultrasonic Gas Flowmeters by Region: Figures 5-1 to 5-5.............................................................................. 5-20 Average Selling Price of Ultrasonic Gas Flowmeters by Region: Figure 5-6.......................................................................................... 5-20 Shipments of Ultrasonic Gas Flowmeters by Application: Figures 5-7 to 5-14............................................................................ 5-20 Average Price of Ultrasonic Gas Flowmeters by Application: Figure 5-15........................................................................................ 5-21 Shipments of Ultrasonic Flowmeters Worldwide by Line Size: Figure 5-16........................................................................................ 5-21 Shipments of Ultrasonic Flowmeters Worldwide by Industry: Figure 5-17........................................................................................ 5-22 Shipments of Ultrasonic Flowmeters Worldwide by Distribution Channels: Figure 5-18........................................................................ 5-22 Shipments of Ultrasonic Flowmeters Worldwide by Customer Type: Figure 5-19.............................................................. 5-22
Chapter
Description
Page Number
6
Six ............................ Vortex Gas Flow Products, Market Size, and Forecast.................. 6-1 Vortex Flowmeter Product Analysis..................................................... 6-2 ABB.................................................................................................... 6-3 EMCO................................................................................................ 6-3 Emerson Rosemount............................................................................ 6-4 Endress+Hauser................................................................................... 6-4 Foxboro.............................................................................................. 6-5 J-Tec................................................................................................... 6-5 Krohne................................................................................................ 6-6 Oval.................................................................................................... 6-6 Sierra Instruments................................................................................ 6-7 Yokogawa........................................................................................... 6-7 Market Size and Growth Forecasts...................................................... 6-9 Custody Transfer of Natural Gas a Potential Market for Vortex Meters................................................................................... 6-10 Vortex Meters Offer a Reliable and Accurate Measurement At a Competitive Price....................................................................... 6-11 Multivariable Vortex Flowmeters Now Available................................ 6-12 Factors Limiting Growth..................................................................... 6-12 Market Forecasts............................................................................... 6-13 Shipments of Vortex Gas Flowmeters by Region: Figures 6-1 to 6-5.............................................................................. 6-13 Average Selling Price of Vortex Gas Flowmeters by Region: Figure 6-6.......................................................................................... 6-13 Shipments of Vortex Gas Flowmeters by Application: Figures 6-7 to 6-14............................................................................ 6-14 Average Price of Vortex Gas Flowmeters by Application: Figure 6-15........................................................................................ 6-14 Shipments of Vortex Flowmeters Worldwide by Line Size: Figure 6-16........................................................................................ 6-14
Chapter
Description
Page Number 6 (continued) Shipments of Vortex Flowmeters Worldwide by Industry: Figure 6-17........................................................................................ 6-14 Shipments of Vortex Flowmeters Worldwide by Distribution Channels: Figure 6-18........................................................................ 6-15 Shipments of Ultrasonic Flowmeters Worldwide by Customer Type: Figure 6-19.............................................................. 6-15 Seven ............................ Thermal Gas Flow Products, Market Size, and Forecast................ 7-1 Advantages and Disadvantages............................................................. 7-2 Why Thermal is an Exciting Technology................................................ 7-2 Thermal Flowmeter Product Analysts................................................... 7-3 ABB.................................................................................................... 7-4 Endress+Hauser................................................................................... 7-4 Fluid Components Int’l......................................................................... 7-5 Fox Thermal Instruments...................................................................... 7-5 Intek.................................................................................................... 7-8 Kurz Instruements................................................................................ 7-6 Sierra Instruments................................................................................ 7-8 Tokyo Keiso........................................................................................ 7-9 Market Size and Growth Forecasts.................................................... 7-10 Growth Factors for the Thermal Gas Flowmeter Market..................... 7-11 Use of Thermal Flowmeters for Continuous Emissions Monitoring (CEM)............................................................................. 7-11 Improvements in Thermal Flowmeter Technology................................ 7-12 Thermal Flowmeters Good for Low-Flow Gas Applications................ 7-12 Factors Limiting Growth..................................................................... 7-13 Market Forecasts............................................................................... 7-13 Shipments of Thermal Gas Flowmeters by Region: Figures 7-1 to 7-5.............................................................................. 7-13 Average Selling Price of Thermal Gas Flowmeters by Region: Figure 7-6.......................................................................................... 7-14
Chapter
Description
Page Number 7 (continued) Shipments of Thermal Gas Flowmeters by Application: Figures 7-7 to 7-14............................................................................ 7-14 Average Price of Thermal Gas Flowmeters by Application: Figure 7-15........................................................................................ 7-14 Shipments of Thermal Flowmeters Worldwide by Line Size: Figure 7-16........................................................................................ 7-15 Shipments of Thermal Flowmeters Worldwide by Industry: Figure 7-17........................................................................................ 7-15 Shipments of Thermal Flowmeters Worldwide by Distribution Channels: Figure 7-18........................................................................ 7-15 Shipments of Ultrasonic Flowmeters Worldwide by Customer Type: Figure 7-19.............................................................. 7-15 Eight ............................ DP Gas Flow Products, Market Size, and Forecast........................ 8-1 Overview............................................................................................. 8-1 What is Pressure?................................................................................ 8-1 Pressure Transmitters........................................................................... 8-2 Five Types of Pressure Transmitters..................................................... 8-3 Pressure Transmitter Products.............................................................. 8-3 ABB.................................................................................................... 8-4 Air Monitor.......................................................................................... 8-5 Bristol Babcock................................................................................... 8-6 Emerson Rosemount............................................................................ 8-7 Endress+Hauser................................................................................... 8-8 Foxboro.............................................................................................. 8-9 Fuji.................................................................................................... 8-10 Hitachi............................................................................................... 8-11 Honeywell.......................................................................................... 8-12 Siemens............................................................................................. 8-13 Smar.................................................................................................. 8-14 Yokogawa......................................................................................... 8-15
Chapter
Description
Page Number 8 (continued) Market Size and Growth Forecasts.................................................... 8-17 Growth Factors for the DP Gas Flow Market..................................... 8-17 The Large Installed Base of DP Transmitters....................................... 8-18 Development of Multivariable DP Transmitters.................................... 8-18 Advantages of DP Transmitters for Large Line Sizes........................... 8-19 Availability of Man Primary Elements for DP Flow.............................. 8-19 Factors Limiting Growth..................................................................... 8-19 Market Forecasts............................................................................... 8-20 Shipments of DP Gas Flowmeters by Region: Figure 8-1 to 8-5.......... 8-20 Average Selling Price of DP Gas Flowmeters by Region: Figure 8-6.......................................................................................... 8-21 Shipments of DP Gas Flowmeters by Application: Figures 8-7 to 8-14............................................................................ 8-21 Average Price of DP Gas Flowmeters by Application: Figure 8-15........................................................................................ 8-21 Shipments of DP Flowmeters Worldwide by Line Size: Figure 8-16........................................................................................ 8-21 Shipments of DP Flowmeters Worldwide by Industry: Figure 8-17........................................................................................ 8-22 Shipments of DP Flowmeters Worldwide by Distribution Channels: Figure 8-18........................................................................ 8-22 Shipments of DP Flowmeters Worldwide by Customer Type: Figure 8-19.............................................................. 8-22 Nine Positive Displacement Gas Flow Products, Market Size, and Forecast...................................................................................... 8-1 Positive Displacement Gas Flowmeter Product Analysis........................ 9-2 Actaris................................................................................................. 9-3 American Meter Company................................................................... 9-3 Dresser................................................................................................ 9-4 Elster................................................................................................... 9-5
Chapter
Description
Page Number 9 (continued) Instromet............................................................................................. 9-6 RMG................................................................................................... 9-6 Sensus Technologies............................................................................ 9-6 Market Size and Growth Forecasts...................................................... 9-8 Growth Factors for the Positive Displacement Gas Flowmeter Market............................................................................... 9-8 Positive Displacement One of the Earliest Flowmeters........................... 9-9 Positive Displacement Flowmeter Installed Base................................... 9-9 High Accuracy a Major Factor........................................................... 9-10 Positive Displacement Flowmeters Entrenched in Gas Utility Applications............................................................................. 9-10 Factors Limiting Growth..................................................................... 9-11 Market Forecasts............................................................................... 9-11 Shipments of Positive Displacement Gas Flowmeters by Region: Figure 9-1 to 9-5.............................................................. 9-11 Average Selling Price of Positive Displacement Gas Flowmeters by Region: Figure 9-6...................................................... 9-12 Shipments of Positive Displacement Gas Flowmeters by Application: Figures 9-7 to 9-14.................................................... 9-13 Average Price of Positive Displacement Gas Flowmeters by Application: Figure 9-15................................................................ 9-13 Shipments of Positive Displacement Flowmeters Worldwide by Line Size: Figure 9-16................................................. 9-13 Shipments of Positive Displacement Flowmeters Worldwide by Industry: Figure 9-17................................................... 9-13 Shipments of Positive Displacement Flowmeters Worldwide by Distribution Channels: Figure 9-18............................... 9-14 Shipments of Positive Displacement Flowmeters Worldwide by Customer Type: Figure 9-19.............................................................. 9-14
Chapter
Description
Page Number
10 Ten ............................ Turbine Gas Flow Products, Market Size, and Forecast............... 10-1 Turbine Flowmeter Design.................................................................. 10-2 Turbine Flowmeter Products Section.................................................. 10-2 EMCO.............................................................................................. 10-4 Emerson Daniel.................................................................................. 10-4 Flowmetrics....................................................................................... 10-5 FMC Invalco..................................................................................... 10-6 Hoffer Flow Controls......................................................................... 10-6 Instromet........................................................................................... 10-7 NuFlo Measurement.......................................................................... 10-8 RMG................................................................................................. 10-9 Thermo Measurement...................................................................... 10-10 Market Size and Growth Forecasts.................................................. 10-11 Growth Factors for the Turbine Gas Flowmeter Market.................... 10-11 Turbine Flowmeters are Well-Established......................................... 10-12 Installed Base of Turbine Flowmeters............................................... 10-12 Approval Organizations Specify Turbine Flowmeters........................ 10-13 Turbine Flowmeters Remain a Viable Choice for Steady, Medium to High-Speed Flows.......................................................... 10-13 Factors Limiting Growth................................................................... 10-15 Market Forecasts............................................................................. 10-15 Shipments of Turbine Gas Flowmeters by Region: Figures 10-1 to 10-5........................................................................ 10-15 Average Selling Price of Turbine Gas Flowmeters by Region: Figure 10-6..................................................................... 10-16 Shipments of Turbine Gas Flowmeters by Application: Figures 10-7 to 10-14...................................................................... 10-16
Chapter
Description
Page Number 10 (continued) Average Price of Turbine Gas Flowmeters by Applications: Figure 10-15.................................................................................... 10-17 Shipments of Turbine Flowmeters Worldwide by Line Size: Figure 10-16.................................................................................... 10-17 Shipments of Turbine Flowmeters Worldwide by Industry: Figure 10-17.................................................................................... 10-17 Shipments of Turbine Flowmeters Worldwide by Distribution Channels: Figure 10-18.................................................. 10-17 Shipments of Turbine Flowmeters Worldwide by Customer Type: Figure 10-19.......................................................... 10-18 Eleven ............................ Variable Area Gas Flow Products, Market Size, and Forecast.... 11-1 ............................ Variable Area Suppliers..................................................................... 11-2 Aalborg............................................................................................. 11-3 ABB.................................................................................................. 11-4 Emerson Brooks................................................................................ 11-4 Flo-Cat.............................................................................................. 11-5 Key Instruments................................................................................. 11-5 King Instrument Company.................................................................. 11-6 Krohne.............................................................................................. 11-7 Tokyo Keiso...................................................................................... 11-7 Yokogawa......................................................................................... 11-8 Market Size and Growth Forecasts.................................................... 11-9 Growth Factors for the Variable Area Gas Flow Market................... 11-10 Variable Area Flowmeters Continue to Fill Multiple Needs For Users........................................................................................ 11-10 Variable Area Flowmeters are the Lowest Cost Solution Available.......................................................................................... 11-11
Chapter
Description
Page Number 11 (continued) Variable Area Flowmeters Will Continue to be Used for Laboratory, and Research Applications............................................ 11-11 Factors Limiting Growth................................................................... 11-12 Market Forecasts............................................................................. 11-12 Shipments of Variable Area Gas Flowmeters by Region: Figure 11-1 to 11-5........................................................ 11-12 Average Selling Price of Variable Area Gas Flowmeters by Region: Figure 11-6.................................................. 11-13 Shipments of Variable Area Gas Flowmeters by Application: Figures 11-7 to 11-14.............................................. 11-13 Average Price of Variable Area Gas Flowmeters by Application: Figure 11-15............................................................ 11-14 Shipments of Variable Area Flowmeters Worldwide by Line Size: Figure 11-16............................................. 11-14 Shipments of Variable Area Flowmeters Worldwide by Industry: Figure 11-17............................................... 11-14 Shipments of Variable Area Flowmeters Worldwide by Distribution Channels: Figure 11-18........................... 11-15 Shipments of Variable Area Flowmeters Worldwide by Customer Type: Figure 11-19.......................................................... 11-15 Twelve ............................ Gas Flowmeter Supplier Market Shares....................................... 12-1 Market Shares for the Leading Suppliers of Coriolis Gas Flowmeters: Figures 12-1 to12-3................................................ 12-1 Market Shares for the Leading Suppliers of Ultrasonic Gas Flowmeters: Figures 12-4 to12-6................................................ 12-2 Market Shares for the Leading Suppliers of Vortex Gas Flowmeters: Figures 12-7 to12-9................................................ 12-2
Chapter
Description
Page Number 12 (continued) Market Shares for the Leading Suppliers of Thermal Gas Flowmeters: Figures 12-10 to12-12............................................ 12-2 Market Shares for the Leading Suppliers of Differential Pressure Gas Flowmeters: Figures 12-10 to12-12............................................ 12-3 Market Shares for the Leading Suppliers of Positive Displacement Gas Flowmeters: Figures 12-10 to12-12............................................ 12-3 Market Shares for the Leading Suppliers of Turbine Gas Flowmeters: Figures 12-10 to12-12............................................ 12-4 Market Shares for the Leading Suppliers of Variable Area Gas Flowmeters: Figures 12-10 to12-12............................................ 12-4 Thirteen........................... Strategies for Success..................................................................... 13-1 Tap into the Fast-Growing Market for Gas Flow Measurement........... 13-1 Pursue the Market for Steam Applications.......................................... 13-2 Offer Flowmeters Designed for Specific Industries And Applications............................................................................... 13-3 Become a Broad-Line Supplier.......................................................... 13-4 Emphasize the Accuracy and Reliability of Gas Flowmeters................. 13-6 Form Alliances with Other Companies................................................ 13-7 Emphasize the Advantages of New-Technology Flowmeters............... 13-8 Consider Multivariable Flowmeters..................................................... 13-9 Work with Industry Associations to Obtain Approvals For Gas Flowmeters........................................................................ 13-11 Educate Your Customers about New-Technology Flowmeters.......... 13-11 Invest in Smart Flowmeters, and in Communication Protocols........... 13-12 Emphasize the Advantages of Turbine Flowmeters............................ 13-13 Invest in the Water or Gas Utility Measurement Market.................... 13-14 Look into Offering Smart Turbine Flowmeters.................................. 13-15
Chapter
Description
Page Number
14 Fourteen.......................... Company Profiles............................................................................ 14-1 ABB.................................................................................................. 14-3 Actaris Metering Systems................................................................... 14-7 Aichi Tokei Denki............................................................................ 14-10 Bristol Babcock............................................................................... 14-12 Controlotron.................................................................................... 14-16 Danfoss........................................................................................... 14-19 Elster-Amco Group.......................................................................... 14-21 American Meter Company............................................................... 14-24 Dresser............................................................................................ 14-25 Emerson Brooks.............................................................................. 14-26 Emerson Daniel................................................................................ 14-28 Emerson Micro Motion.................................................................... 14-30 Emerson Rosemount........................................................................ 14-32 Endress+Hauser............................................................................... 14-39 Fluid Components Int’l..................................................................... 14-42 FMC Measurement Solutions........................................................... 14-43 Fuji Electric...................................................................................... 14-46 GE Panametrics............................................................................... 14-48 Honeywell........................................................................................ 14-52 Instromet International...................................................................... 14-57 Invensys........................................................................................... 14-58 Foxboro.......................................................................................... 14-58 Key Instruments............................................................................... 14-62
Chapter
Description
Page Number
14 King Instruments....................................................... |