Growth of electronic flow sensors

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. Newer technologies offer functional advantages over traditional mechanical designs, the research firm says. End-users like electronic, non-contact flow measurement systems for higher accuracy and reliability and unre...

10/01/2006


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. Newer technologies offer functional advantages over traditional mechanical designs, the research firm says.

End-users like electronic, non-contact flow measurement systems for higher accuracy and reliability and unrestricted flow. 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.

www.sensors.frost.com





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.
Robot advances in connectivity, collaboration, and programming; Advanced process control; Industrial wireless developments; Multiplatform system integration
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
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!

Big Data and bigger solutions; Tablet technologies; SCADA developments
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
click me