Coriolis flowmeters continue to gain market share

About to displace magnetic flowmeters, Coriolis designs are poised to move into the number-two spot. Continuing growth says number-one is inevitable.


About to displace magnetic flowmeters, Coriolis designs are poised to move into the number-two spot. Continuing growth says number-one is inevitable.IMS Research forecasts that Coriolis flowmeters will overtake differential pressure flowmeters as the largest flowmeter technology market (measured in revenue) in 2014, after they replace magnetic flowmeters as the second-largest market in 2012.

Research director and report author Paul Everett comments, “It’s not surprising, nor earth shattering news, to see growth for mechanical flowmeters slowing and an ongoing shift to Coriolis and ultrasonic products. For me, the more interesting trend is the distinct difference in market growth and size between EMEA, the Americas, and Asia. Asia was found to be the smallest region for Coriolis flowmeters in 2010. However, it is forecast to surpass the Americas in 2013 and perhaps more surprising, EMEA in 2014 to become the largest market.” 

Flowmeter manufacturers strive to find added value in Coriolis flowmeter design and functionality. The main areas for advanced technological differentiation between vendors are through the inclusion of remote diagnostics and the ability to measure greater line sizes. Everett continues, “Coriolis is a much better solution for smaller pipe sizes. You then have an area between four- and eight-inch where there is a trade-off in pressure drop and rangeability of a Coriolis flowmeter and the accuracy of an ultrasonic. It’s clear that manufacturers of Coriolis flowmeters are pushing the envelope higher above eight-inch, while ultrasonic vendors are pushing below eight-inch. Ultimately, this will provide end-users with more choice, which will drive down flowmeter prices. End-users are looking beyond the upfront cost of purchasing new technologies, and have begun to assess the overall return on investment that they offer. Additionally, legislation requiring the continual inspection of flow devices will increase the need for remote diagnostic capabilities, which are more prevalent in advanced flow measurement technologies, like Coriolis and ultrasonic.”

Analysis of the flowmeter market is available from the second edition of IMS Research’s recently released World Flowmeter report.

Edited by Peter Welander,

Also read: Are Coriolis Flowmeters a Universal Technology?

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Choosing controllers: PLCs, PACs, IPCs, DCS? What's best for your application?; Wireless trends; Design, integration; Manufacturing Day; Product Exclusive
Variable speed drives: Smooth, efficient, electrically quite motion control; Process control upgrades; Mobile intelligence; Product finalists: Vote now; Product Exclusives
Machine design tips: Pneumatic or electric; Software upgrades; Ethernet advantages; Additive manufacturing; Engineering Leaders; Product exclusives: PLC, HMI, IO
This article collection contains the 5 most referenced articles on improving the use of PID.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security

(copy 5)