A flowmeter is a
device that measures the rate of flow of water, fuel, or gas through a pipe.
There are various types of flowmeters: vortex flowmeter, turbine flowmeter,
magnetic flowmeter, ultrasonic flowmeter, positive displacement flowmeter,
coriolis flowmeter, and multiphase flowmeter. Vortex flowmeters, also known as
oscillatory flowmeters or vortex shedding flowmeters, are used to measure the
vibrations of the downstream vortexes caused by the barrier placed in a moving
stream. Vortex flowmeters are used across various process industries such as
Oil and Gas, Chemical, Food and Beverage, Pulp and Paper, and Water and
Wastewater for various liquid and gas applications.
Analysts forecast
the Global Vortex
Flowmeter market to grow at a
CAGR of 6.92 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Global Vortex
Flowmeter Market: Emersion Electric Co., Endress+Hauser and Yokogawa Electric
Co.
Other Prominent
Vendors in the market are: ABB, Brabender Technologies, GE, Invensys, Krohne
Group, Malema Engineering and Siemens
One of the major
trends in this market is the increase in technological advances. Many
organizations across industries are looking for technologically advanced vortex
flowmeters that can be handled with ease and require less maintenance. Several
manufacturers are adding more functionality to their flowmeters
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Covered in this Report
The Global Vortex
Flowmeter market can be segmented by two types: By Fluid Type and by Sensing
Technology. By fluid type, the Global Vortex Flowmeter market has been
categorized into three types: Gas, Liquid, and Steam. By sensing technology,
the Global Vortex Flowmeter market has been categorized into three types:
Piezoelectric, Ultrasonic, and Capacitive.
Global Vortex
Flowmeter Market 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. It also covers the Global Vortex
Flowmeter market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
According to the
report, one of the main drivers in the market is the increase in demand from
the APAC region such as China and India, which are witnessing a high demand for
vortex flowmeters. Many organizations in this region are replacing their old equipment
with the latest technology vortex flowmeters to improve their organizational
efficiency
Further, the report
states that one of the major challenges for this market is high initial
investment. Currently, the price of vortex flowmeters is increasing
significantly as a result of the increase in the price of raw materials.
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