The Global Ultrasonic Flowmeter Market 2017-2021 report is now available from Dublin based market intelligence firm Research and Markets.
As the document says, the global ultrasonic flowmeter market is to grow at a CAGR of 6.12% during the period 2017-2021.
One driver in the market is growing nuclear power generation. Many countries are now generating power using nuclear energy. Globally, there are 31 countries with nearly 440 nuclear power reactors, which have a total installed capacity of 3,900,000 MWe. Also, 60 nuclear power reactors are under construction and 160 are planned. The majority of those in the planning and construction stages are in Asia while a few major new units are in Russia. Capacity expansion is also being undertaken by upgrading the power plants.
The report profiles the contribution of key vendors, identified as Emerson, Endress+Hauser, General Electric (GE), KROHNE and Siemens. Other prominent ones include Badger Meter, Bronkhorst High-Tech, CMC Technologies, Danfoss, Eastech Flow Controls, Eastern Energy Services, and Fuji Electric.
Topics covered include an overview of the market landscape, market segmentation by product, geographical segmentation, the drivers and challenges, and general trends in the market. Global Ultrasonic Flowmeter Market 2017-2021 has been prepared based on in-depth market analysis with input from industry experts.