Growth of electronic flow sensors robs traditional mechanical suppliers

09/21/2006


The growth in offerings of electronic, non-contact flow measurement systems has fueled Europe 's sensors and transmitters market, says a new report from Frost & Sullivan . Customers are enjoying the functional advantages of newer technologies and leaving traditional mechanical solutions behind.

“The European flow sensors and transmitters market will be primarily driven by the migration of end users towards electronic, non-contact flow measurement systems,” says research analyst Gomathinayagam S. “These flowmeters offer advantages over mechanical flowmeters in terms of higher accuracy and reliability and also do not obstruct the flow in pipelines.”

Frost & Sullivan finds that the European flow sensors and transmitters markets earned revenues of $1.33 billion in 2005 and estimates that it will reach $2.11 billion in 2012. This is not without its downsides for manufacturers, however. The expansion of more sophisticated technologies is not only taking sales from mechanical designs, it is creating a very competitive atmosphere among electronic sensor manufacturers. At present, more than 100 competitors offer relatively similar product lines and pricing. To achieve sufficient volume to reduce costs, more manufacturers are undercutting prices to end users to build market share. The resulting loss of profitability threatens smaller manufacturers who cannot operate in that arena.

The more positive alternative to cutting prices is finding ways to make more attractive products. “Market participants should focus on developing truly innovative, customized products and solutions that offer better value to customers,” advises Gomathinayagam. “New product development should be designed around customer feedback and market driven.”

Click here to read a Control Engineering news article about an earlier study of the larger instrumentation industry, also by Frost & Sullivan.

Control Engineering Daily News Desk

Peter Welander , process industries editor





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.
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

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

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
click me