Skip to main content

Flow Meter Calibration Market: Recent Industry Developments And Growth Strategies Adopted By Players

The global flowmeter calibration market is highly fragmented with number of companies operating in the segment. Leading players are currently focusing on providing cost competitive products to the customers as well as new product launches and expansions are being considered the major development strategies adopted by key players operating in the flow meters market. Some of the key players engaged in flowmeter calibration market include various manufacturers such as ABB, Emerson Electric, Honeywell, Schneider Electric, Siemens and Others.
A flow meter measures the rate that fluid or gas moves through it. Now a days in various industries almost every organization is following the explicit arrangement of particular terms and conditions for guaranteeing and ensuing the consistency with the quality standards. A flow meter calibration includes making utilization of the traceable principles for testing an individual meter and comparing it with the laboratory standards. There are wide variety of flow meters available in the market and it can be used for different purposes to generate output such as the analog, frequency, visual display or current.
Flow meter calibration is always done after manufacturing and before an instrument is sent into the field. Since, it is necessary that every instrument that uses a unit of measurement should be ‘set’ appropriately for getting the accurate readings. If any of the instruments are not showing the accurate reading then they have to be recalibrated. The similar logic relates to flow meters that measure the flow rate of liquids and gases. It is very crucial that the initial reading of every flow meter should be the precise reading to begin with so that all the measurements are precise. Also, this is an important part of the quality declaration of the product. The method of calibration are subject to measures the liquid flow or the gas flow. The methods include master meter, piston prover and gravimetric. These approaches are a measures of CGMP (Current Good Manufacturing Practice) regulations as compulsory by the FDA to test flow meters.
The global flowmeter calibration market is driven by various factors such as, calibration eliminating the uncertainty of flow meters. On the other hand emergence of offline monitoring and self-contained field calibration are also boosting the need for good protocols. Another factor is that various end-users highly rely on flow calibration protocols for maintaining the accuracy requirements. These trends are inspiring vendors to adopt these equipments with self-contained field calibration features, such as thermal mass, magnetic flow meters, or dual-rotor turbine meters. This factor would drive the flowmeter calibration market during forecast period. One of the major areas of development in flow meter technology as a whole is the role of computer processing. The flow meters are now available with the cheaper memory and higher processing speeds. However calibration is not always reliable and this is acting as a challenge for the growth of the flowmeter calibration market. According the recent advancements in flow meters, now mass and density calibration can also be done in the field, which is important to fulfill the increasing demand and shortage of staff and systems.
The flowmeter calibration market can be segmented on the basis of type, service providers, end user and region. Based on type, the flowmeter calibration market can be segmented into differential pressure, positive displacement, magnetic, ultrasonic, coriolis, turbine and vortex. On the basis of service providers, the global flowmeter calibration market can be segmented into OEM service providers and third-party service providers. Based on end users, the flowmeter calibration market can be segmented into oil and gas, water and wastewater, mining and minerals, chemical, and others.

In the region wise study, the global flowmeter calibration market has been segmented into North America, Europe, Asia Pacific Middle East & Africa and South America. North America which comprises of United States, Canada and Mexico captured the largest market share followed by Europe. United States showed the fastest growth rate during the forecast period due to revival in U.S. oil and gas production is driving increasing numbers of allocation and custody-transfer meter installations. According to the national measurement institute for flow, two ambitious new projects have been started. This is going to help and strengthen links between Saudi Arabia and the UK in the field of flow measurement. The projects are commenced under the guidance of British expertise that will help to know-how to develop best practice abroad. Asia Pacific region which comprises of China, India, Japan, and Australia among others is anticipated to experience the fastest growth of flow meter calibration market during the forecast period due to the rising number of manufacturers.

Comments

Post a Comment

Popular posts from this blog

Telecommunication Services Market Size will Escalate Rapidly in the Near Future

The global telecommunication services market is prophesied to lay its hands on a substantial growth due to the need of telecom operators to optimize their business processes. There is a rising pressure on telecom operators to grow in the current market and operate profitably owing to the industry’s increasing competition. New service launches and continuous mergers and acquisitions in the market are expected to further intensify the level of competition in the industry. Thus, competence needs and financial pressure could be among the top growth factors of the market. Anticipated to expand at a CAGR of 6.6% between 2017 and 2025, the global telecommunication services market could obtain a valuation of US$1.4 bn by the concluding forecast year. In 2016, it exhibited its prominence while securing a US$0.8 bn valuation. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=38324 End-use vertical and package type are the ...
Post a Comment
Read more

RFID Tags Market is Expected to Grow at the Highest CAGR During the Forecast Period

Key players in the  U.S. RFID tags market  are Atmel Corporation, HID USA Corporation, Invengo Information Technology Ltd. Co., and NXP Semiconductors N.V. Competition among them and among other players are expected to heat up further over the course of next few years as they try to expand their market shares both via the inorganic route of mergers and acquisitions and organic route of product development and diversification. A report on the market published by Transparency Market Research finds that it would rise at an 8.5% CAGR over the course of the forecast period starting from 2017 and ending in 2025. At this pace, the market which was valued at US$809.4 mn in 2016, will likely become worth US$1,672.5 mn by 2025-end. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24536 The two types of RFID tags available in the market are active and passive tags. Between the two, the demand for passive RFI...
Post a Comment
Read more

Automotive EGR Gas Temperature Sensor Market Anticipated To Surge With An Impressive CAGR Of 2025

In an IC engine, EGR (exhaust gas recirculation) gas temperature sensors are used to measure the temperature of the exhaust system. EGR is a technique that is utilized to reduce the nitrogen oxide emissions in petrol/diesel engines. Exhaust gases are reintroduced into the engine combustion chamber to cool the combustion flame. Some vehicles employ an EGR temperature sensor to determine EGR operation. This information is used by the powertrain control module (PCM) to regulate the EGR operation. EGR gas temperature sensor is located in front of the Diesel Oxidation Catalyst (DOC) and in front of the Diesel Particulate Filter (DPF). It detects the exhaust gas temperature and converts it into a voltage and transmits this signal to the engine ECU in order to control engine conditions to effectively reduce emission. EGR bypass valve function diagnostic as well as thermal protection. Gas temperature sensors are employed in various applications such as petrochemicals, automotive s...
Post a Comment
Read more