THE MARKET FOR CORIOLIS
FLOWMETERS WORLDWIDE
Researched by:
|
Flow
Research 781-245-3200 www.flowresearch.com Project team: Jesse Yoder PhD., Michael Kirsch, Kelly Deppen |
Ducker
Research Company, Inc. 248-644-0086 www.ducker.com Project
team: Nick Limb, Scott Shober Josiah Waxman, Lorena Ferrari |
|
Published by
Ducker Research Company, Inc. A Division of Ducker Worldwide July, 2001 |
TABLE
OF CONTENTS
Chapter Description Page
Number
One........................... Executive Summary......................................................... 1-1
Coriolis Flowmeters Lead the Way in Accuracy........................ 1-1
Overview.................................................................................. 1-2
Worldflowä............................................................................. 1-3
The Role of Viewpoint Pluralism in Worldflowä....................... 1-5
The Importance of Cross-Technology Research........................ 1-7
Study Objectives...................................................................... 1-8
Methodology............................................................................ 1-9
Supplier Input........................................................................... 1-9
Supplier Analysis.................................................................... 1-10
OEM and End-User Analysis.................................................. 1-11
Forecasts................................................................................ 1-12
Definitions............................................................................... 1-12
New Technology Flowmeters.................................................. 1-14
Paradigm Case Selection Method............................................ 1-15
Growth Factors for the Coriolis Flowmeter Market................. 1-17
Shipments of Coriolis Flowmeters Worldwide by Region......... 1-18
Shipments of Coriolis Flowmeters Worldwide by Type............ 1-18
Market Shares for Coriolis Flowmeters by Geographic Region 1-19
Strategies................................................................................ 1-19
Emphasize the High Accuracy of Coriolis Flowmeters.............. 1-19
Offer Both Straight Tube and Bent Tube Models..................... 1-20
Participate in the Fast-Growing Market for Gas and Steam
Applications............................................................................ 1-20
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
Two........................... Introduction...................................................................... 2-1
Overview.................................................................................. 2-1
Worldflowä............................................................................. 2-2
The Role of Viewpoint Pluralism in Worldflowä....................... 2-4
The Importance of Cross-Technology Research........................ 2-6
New Studies vs. Updates.......................................................... 2-7
Leading Suppliers vs. All Suppliers............................................ 2-8
Building a Mystery.................................................................... 2-9
Study Objectives.................................................................... 2-10
Methodology.......................................................................... 2-10
Supplier Input......................................................................... 2-11
Supplier Analysis.................................................................... 2-11
OEM and End-User Analysis.................................................. 2-12
Forecasts................................................................................ 2-13
Definitions............................................................................... 2-13
Smart Flowmeters................................................................... 2-15
Communication Protocols....................................................... 2-16
Geographic Regions................................................................ 2-20
Geographic Regions of the World............................................ 2-22
End-User Industries................................................................ 2-29
Coriolis Flowmeter Industry Structure..................................... 2-29
Team History and Experience.................................................. 2-29
Flow Research........................................................................ 2-30
Ducker Research.................................................................... 2-35
Custom Projects..................................................................... 2-35
Three........................ Coriolis Flowmeter Product and Technology Analysis... 3-1
New Technology Flowmeters.................................................... 3-2
Coriolis Flowmeters.................................................................. 3-2
Magnetic Flowmeters................................................................ 3-5
Ultrasonic Flowmeters.............................................................. 3-6
Vortex Flowmeters................................................................... 3-7
Paradigm Case Selection Method............................................ 3-12
Coriolis Flowmeter Product Analysis....................................... 3-15
ABB....................................................................................... 3-16
Bopp & Reuther..................................................................... 3-18
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
3 (continued)
Brooks Instrument.................................................................. 3-20
Danfoss.................................................................................. 3-22
Endress & Hauser................................................................... 3-24
FMC Energy Systems............................................................. 3-28
Foxboro................................................................................. 3-31
Krohne................................................................................... 3-33
Liquid Controls....................................................................... 3-37
Micro Motion......................................................................... 3-39
Oval....................................................................................... 3-43
Rheonik.................................................................................. 3-45
Schlumberger.......................................................................... 3-47
Yokogawa.............................................................................. 3-49
Four.......................... Coriolis Flowmeter Market Size and Forecast............... 4-1
Overview.................................................................................. 4-1
Coriolis Flowmeters Lead the Way in Accuracy........................ 4-2
Growth Factors for the Coriolis Flowmeter Market................... 4-4
Flowmeter Factors.................................................................... 4-4
High Accuracy Continues to Be a Factor................................... 4-5
Users are Moving Towards New Technology Meters................ 4-5
Technological Improvements in Coriolis Flowmeters.................. 4-6
Users are Looking for Low Maintenance................................... 4-6
Straight-tube Meters are Addressing Some Issues with Bent-tube
Meters...................................................................................... 4-7
Custody Transfer of Natural Gas is a Potential Boom Market for
Coriolis Meters......................................................................... 4-8
Introduction of Low Cost Coriolis Meters................................. 4-9
More Suppliers Now in the Market......................................... 4-10
Growth in Coriolis Meters for Larger Line Sizes...................... 4-11
The Advent of Foundation Fieldbus and Profibus..................... 4-12
Increased Use of HART......................................................... 4-16
Danfoss’ USM II Module....................................................... 4-17
Macroeconomic Factors......................................................... 4-17
Economic Growth of Countries............................................... 4-18
Population Growth.................................................................. 4-21
Standard of Living Increases................................................... 4-21
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
4 (continued)
New Plant Construction.......................................................... 4-22
Retrofits and Renovations........................................................ 4-23
The Recovering Asian Economies............................................ 4-23
Growth in Environmental Regulations....................................... 4-24
Factors Limiting the Growth of Coriolis Flowmeters................. 4-25
The Inherently Conservative Nature of Users in the Process
Industries................................................................................ 4-25
The Cost of Coriolis Flowmeters............................................. 4-25
Competition From Other New Technology Flowmeters........... 4-26
Market Size and Growth Forecasts......................................... 4-26
Shipments of Coriolis
Flowmeters Worldwide by Region:
Figures 4-1 to 4-5.................................................................. 4-28
Shipments of Coriolis
Flowmeters Worldwide by Type:
Figures 4-6 to 4-13................................................................ 4-28
Average Selling Prices of
Coriolis Flowmeters:
Figure 4-14 to 4-16................................................................ 4-29
Shipments of Smart Coriolis
Flowmeters Worldwide
and by Region: Figures 4-17 to 4-21....................................... 4-29
Shipments of Conventional Coriolis
Flowmeters Worldwide
and by Region: Figures 4-22 to 4-26....................................... 4-30
Shipments of Coriolis
Flowmeters by Flowtube Type Worldwide
and by Region: Figures 4-27 to 4-33....................................... 4-30
Shipments of Coriolis
Flowmeters by Fluid Type Worldwide
and by Region: Figures 4-34 to 4-40....................................... 4-31
Shipments of Smart Coriolis
Flowmeters by Communication
Protocol: Figures 4-41 to 4-47............................................... 4-31
Shipments of Coriolis
Flowmeters Worldwide by Line
Size: Figures 4-48 to 4-49..................................................... 4-33
Shipments of Coriolis
Flowmeters Worldwide by Industry:
Figures 4-50 to 4-55.............................................................. 4-34
Shipments of Coriolis
Flowmeters Worldwide by Distribution
Channels: Figures 4-55 to 4-58.............................................. 4-34
Shipments of Coriolis
Flowmeters Worldwide by Region by
Customer Type: Figures 4-59 to 4-61..................................... 4-35
Five.......................... Coriolis Flowmeter Supplier Market Shares.................. 5-1
Overview.................................................................................. 5-1
Market Shares for Coriolis Flowmeters by Geographic Region.. 5-1
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
5
(continued)
Market Shares for Smart Flowmeters by Geographic Region..... 5-5
Market Shares for Conventional Flowmeters by Region............. 5-5
Market Shares for Bent Tube Coriolis Flowmeters.................... 5-7
Market Shares for Straight Tube Coriolis Flowmeters................ 5-8
Market Shares for Coriolis Flowmeters for Liquid Applications.. 5-8
Market Shares for Coriolis Flowmeters for Gas Aplications....... 5-9
Market Shares for Coriolis Flowmeters by Industry................. 5-10
Six............................ Strategies for Success...................................................... 6-1
Overview.................................................................................. 6-1
Emphasize the High Accuracy of Coriolis Flowmeters................ 6-1
Offer Both Straight Tube and Bent Tube Models....................... 6-1
Participate in the Fast-Growing Market for Gas and Steam
Applications.............................................................................. 6-2
Offer Coriolis Flowmeters Designed for Specific Industries and
Applications.............................................................................. 6-3
Find Ways to Address the Question of Large Line Sizes............ 6-3
Become a Broad-line Supplier................................................... 6-3
Form Alliances with Other Companies....................................... 6-4
Emphasize the Advantages of Coriolis Flowmeters..................... 6-5
Create a Coherent and Understandable Product Naming System 6-6
Build a Great Website............................................................... 6-8
Educate Your Customers About Coriolis Technology.............. 6-10
Invest in Smart Flowmeters, and in Communication Protocols.. 6-11
Offer Many Models and Types of Coriolis Flowmeters............ 6-11
Seven....................... Coriolis Flowmeter Supplier Profiles............................... 7-1
ABB Automation...................................................................... 7-2
Bopp & Reuther Heinrichs Messtechnik.................................... 7-6
Brooks Instrument Division....................................................... 7-8
Danfoss A/S Flow Division..................................................... 7-10
Endress & Hauser AG............................................................ 7-12
FMC Measurement Solutions.................................................. 7-16
Foxboro................................................................................. 7-19
Krohne Messtechnik Gmbh & Co. KG................................... 7-22
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
7 (continued)
Liquid Controls LLC............................................................... 7-26
Micro Motion......................................................................... 7-28
Oval Corporation.................................................................... 7-30
Rheonik Messgeraete GmbH.................................................. 7-33
Schlumberger Measurement Division....................................... 7-35
Yokogawa Electric Company.................................................. 7-37
TABLE OF CONTENTS
(continued)
Appendix Description Page
Number
Appendix A.............. Worldwide Flowmeter Study: Phase One and Phase Two A-1
Appendix B.............. Input Questionnaire......................................................... B-1