THE MARKET FOR VORTEX
FLOWMETERS WORLDWIDE
Researched by: |
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Flow
Research 781-245-3200 Project team: Jesse Yoder PhD, Michael Kirsch, Jeff Soohoo |
Ducker
Research Company, Inc. 248-644-0086 Project
team: Nick Limb, Scott Shober Josiah Waxman, Lorena Ferrari |
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Published by |
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Ducker Research Company, Inc. A Division of Ducker Worldwide |
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August, 2001 |
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TABLE OF CONTENTS
Chapter Description Page
Number
One........................... Executive Summary......................................................... 1-1
Vortex Flowmeters Provide Accurate and Reliable Flow
Measurement............................................................................ 1-1
Overview.................................................................................. 1-2
Worldflowä............................................................................. 1-3
The Role of Viewpoint Pluralism in Worldflowä....................... 1-4
The Importance of Cross-Technology Research........................ 1-6
Study Objectives...................................................................... 1-8
Methodology............................................................................ 1-8
Supplier Input........................................................................... 1-9
Supplier Analysis...................................................................... 1-9
OEM and End-User Analysis.................................................. 1-11
Forecasts................................................................................ 1-11
Definitions............................................................................... 1-11
New Technology Flowmeters.................................................. 1-14
Paradigm Case Selection Method............................................ 1-14
Growth Factors for the Vortex Flowmeter Market................... 1-16
Shipments of Vortex Flowmeters Worldwide by Region.......... 1-17
Shipments of Vortex Flowmeters Worldwide by Type............. 1-18
Market Shares for Vortex Flowmeters by Geographic Region.. 1-19
Strategies for Success............................................................. 1-19
A Reliable and Versatile Meter at an Economical Price............ 1-19
Tap Into the Fast-Growing Market for Gas Applications.......... 1-20
Pursue the Market for Steam Applications............................... 1-21
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
Two........................... Introduction and Methodology........................................ 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 Analysis.................................................................... 2-11
OEM and End-User Analysis.................................................. 2-12
Forecasts................................................................................ 2-13
Definitions............................................................................... 2-13
Smart Flowmeters................................................................... 2-16
Communication Protocols....................................................... 2-16
Geographic Regions................................................................ 2-21
End-User Industries................................................................ 2-29
Vortex Flowmeter Industry Structure....................................... 2-29
Team History and Experience.................................................. 2-29
Flow Research........................................................................ 2-30
Ducker Research.................................................................... 2-35
Custom Projects..................................................................... 2-36
Three........................ Vortex Flowmeter Product and Technology Analysis.... 3-1
New Technology Flowmeters.................................................... 3-2
Coriolis Flowmeters.................................................................. 3-3
Magnetic Flowmeters................................................................ 3-5
Ultrasonic Flowmeters.............................................................. 3-6
Vortex Flowmeters................................................................... 3-7
Paradigm Case Selection Method............................................ 3-12
Vortex Flowmeter Product Analysis........................................ 3-15
ABB....................................................................................... 3-16
Asahi
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
3 (continued)
EMCO................................................................................... 3-20
Endress & Hauser................................................................... 3-25
Foxboro................................................................................. 3-28
Hangzhu Zhenhua Meter Company.......................................... 3-30
J-Tec...................................................................................... 3-32
Krohne................................................................................... 3-37
Oval....................................................................................... 3-39
Rosemount............................................................................. 3-41
Sierra Instruments................................................................... 3-43
Venture Measurement............................................................. 3-48
Yokogawa.............................................................................. 3-50
Four.......................... Vortex Flowmeter Market Size and Forecast................ 4-1
Overview.................................................................................. 4-1
Vortex Flowmeters Provide Accurate and Reliable Flow
Measurement............................................................................ 4-2
Growth Factors for the Vortex Flowmeter Market..................... 4-5
Flowmeter Factors.................................................................... 4-5
Vortex Flowmeters Offer a Reliable and Accurate Measurement
At a Competitive Price.............................................................. 4-6
Vortex Flowmeters are the Lowest Cost New Technology Meter 4-6
Vortex Flowmeters are Widely Used for Steam Applications..... 4-7
District Heating Applications Use Vortex Flowmeters................ 4-8
More Suppliers Now in the Market........................................... 4-8
Multivariable Vortex Flowmeters Now Available....................... 4-9
Technological Improvements in Vortex Flowmeters................. 4-10
Users are Moving Towards New Technology Meters.............. 4-10
Users are Looking for Low Maintenance................................. 4-11
Custody Transfer of Natural Gas a Potential Market for Vortex
Meters.................................................................................... 4-11
The Advent of Foundation Fieldbus and Profibus..................... 4-13
Increased Use of HART......................................................... 4-17
Danfoss’ USM II Module....................................................... 4-18
Macroeconomic Factors......................................................... 4-19
Economic Growth of Countries............................................... 4-19
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
4 (continued)
Population Growth.................................................................. 4-22
Standard of Living Increases................................................... 4-23
New Plant Construction.......................................................... 4-23
Retrofits and Renovations........................................................ 4-24
The Recovering Asian Economies............................................ 4-25
Growth in Environmental Regulations....................................... 4-25
Factors Limiting the Growth of Vortex Flowmeters.................. 4-26
The Inherently Conservative Nature of Users in the Process I
Industries................................................................................ 4-26
Measuring Low Flowrates....................................................... 4-26
Competition From Other New Technology Flowmeters........... 4-27
Market Size and Growth Forecasts......................................... 4-28
Shipments of Vortex Flowmeters Worldwide by Region:
Figures 4-1 to 4-5.................................................................. 4-30
Shipments of Vortex Flowmeters Worldwide by Type:
Figures 4-6 to 4-13................................................................ 4-30
Average Selling Prices of
Vortex Flowmeters:
Figure 4-14 to 4-16................................................................ 4-31
Shipments of Multivariable
Vortex Flowmeters Worldwide
and by Region: Figures 4-17 to 4-21....................................... 4-31
Shipments of Single-Variable
Smart Vortex Flowmeters
Worldwide and by Region: Figures 4-22 to 4-26..................... 4-32
Shipments of Conventional
Vortex Flowmeters Worldwide and by
Region: Figures 4-27 to 4-31................................................. 4-32
Shipments of Vortex Flowmeters by Mounting Type Worldwide
and by Region: Figures 4-32 to 4-38....................................... 4-33
Shipments of Vortex Flowmeters by Fluid Type Worldwide and
by Region: Figures 4-39 to 4-45............................................ 4-33
Shipments of Multivariable and
Smart Vortex Flowmeters
by Communications Protocol: Figures 4-46
to 4-52................ 4-35
Shipments of Vortex Flowmeters Worldwide by Industry:
Figures 4-53 to 4-58.............................................................. 4-36
Shipments of Vortex Flowmeters Worldwide by Distribution
Channels: Figures 4-59 to 4-61.............................................. 4-37
Shipments of Vortex Flowmeters Worldwide by Region by
Customer Type: Figures 4-62 to 4-64..................................... 4-38
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
Five.......................... Vortex Flowmeter Supplier Market Shares................... 5-1
Overview.................................................................................. 5-1
Market Shares for Vortex Flowmeters by Geographic Region.... 5-1
Market Shares for Multivariable Flowmeters Worldwide......... 5-10
Market Shares for Smart Vortex Flowmeters Worldwide........ 5-11
Market Shares for Conventional Vortex Flowmeters Worldwide.. 5-11
Market Shares for Vortex Flowmeters for Liquid Applications. 5-12
Market Shares for Vortex Flowmeters for Steam Applications. 5-13
Market Shares for Vortex Flowmeters for Gas Applications.... 5-13
Market Shares for Vortex Flowmeters by Industry.................. 5-15
Six............................ Strategies for Success...................................................... 6-1
Overview.................................................................................. 6-1
Vortex Meters: A Reliable and Versatile Meter at an
Economical Price...................................................................... 6-1
Tap Into the Fast-Growing Market for Gas Applications............ 6-2
Pursue the Market for Steam Applications................................. 6-3
Offer Vortex Flowmeters Designed for Specific Industries and
Applications.............................................................................. 6-4
Become a Broad-Line Supplier................................................. 6-5
Offer a Variety of Models, Including Wafer, Flanged and
Insertion................................................................................... 6-6
Form Alliances with Other Companies....................................... 6-6
Emphasize the Advantages of Vortex Flowmeters...................... 6-7
Consider Multivariable Vortex Flowmeters................................ 6-9
Create a Coherent and Understandable Product Naming System. 6-10
Build a Great Website............................................................. 6-12
Educate Your Customers about Vortex Technology................. 6-13
Invest in Smart Flowmeters, and in Communication Protocols.. 6-14
Seven....................... Vortex Flowmeter Supplier Profiles................................ 7-1
ABB Automation...................................................................... 7-3
Asahi
Eastech Flow Controls.............................................................. 7-9
EMCO................................................................................... 7-11
Endress & Hauser AG............................................................ 7-13
TABLE OF CONTENTS
(continued)
Chapter Description Page
Number
7 (continued)
Foxboro................................................................................. 7-17
Hangzhu Zhenhua Meter Factory............................................. 7-20
J-Tec Associates.................................................................... 7-21
Krohne Messtechnik GmbH & Co. KG.................................. 7-23
Oval Corporation.................................................................... 7-27
Rosemount, Inc....................................................................... 7-30
Sierra Instruments, Inc............................................................ 7-39
Tokyo Keiso Company, Ltd................................................... 7-41
Venture Measurement LLC..................................................... 7-43
Yokogawa Electric Company.................................................. 7-46
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