Most ultrasonic flowmeter growth expected by large and small firms

The greatest growth in ultrasonic flowmeters will come from the market’s smallest and largest companies — low-cost, high-volume meters used in district heating, and low-volume, high-cost precision meters used in custody transfer applications, according to a new report, “Ultrasonic Flowmeter Worldwide Outlook,” by ARC Advisory Group. The report projects that total shipments of ultrasonic flowmeters will likely increase by about 10% per year from $373.1 million in 2001 to $611.9 million in 2005.

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