Global Ultrasonic Flowmeter Market 2024-2028

The ultrasonic flowmeter market is forecasted to grow by USD 1363.18 mn during 2023-2028, accelerating at a CAGR of 6.87% during the forecast period. The report on the ultrasonic flowmeter market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of ultrasonic flowmeters in various industries, high accuracy and reliability of ultrasonic flowmeter, and high demand for energy-efficient and cost-saving products.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.37%
CAGR	6.87%
Incremental Value	$1363.18mn

Technavio's ultrasonic flowmeter market is segmented as below:

By Technology

Transit-time
Doppler
Hybrid

By Product

Spool piece ultrasonic flowmeter
Insertion ultrasonic flowmeter
Clamp-on ultrasonic flowmeter

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the high demand for ultrasonic flowmeters from wastewater management as one of the prime reasons driving the ultrasonic flowmeter market growth during the next few years. Also, rapid technological advances and rising demand for ultrasonic flowmeters in oil and gas industry will lead to sizable demand in the market.

The report on the ultrasonic flowmeter market covers the following areas:

Ultrasonic flowmeter market sizing
Ultrasonic flowmeter market forecast
Ultrasonic flowmeter market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ultrasonic flowmeter market vendors that include Badger Meter Inc., Baker Hughes Co., Bronkhorst High Tech B.V., CMC Technologies Pty Ltd., Danfoss AS, Eesiflo Technologies Inc., Emerson Electric Co., Endress Hauser Group Services AG, FOX THERMAL INSTRUMENTS INC., Fuji Electric Co. Ltd., General Electric Co., Honeywell International Inc., IDEX Corp., Katronic AG and Co. KG, KROHNE Messtechnik GmbH, Omega Engineering Inc., Roper Technologies Inc., Siemens AG, Teledyne Technologies Inc., and Fluenta AS. Also, the ultrasonic flowmeter market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76797

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global ultrasonic flowmeter market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global ultrasonic flowmeter market 2018 - 2022 ($ million)
4.2 Technology Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.3 Product Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Exhibit 32: Chart on Comparison by Technology
Exhibit 33: Data Table on Comparison by Technology
6.3 Transit-time - Market size and forecast 2023-2028
Exhibit 34: Chart on Transit-time - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Transit-time - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Transit-time - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Transit-time - Year-over-year growth 2023-2028 (%)
6.4 Doppler - Market size and forecast 2023-2028
Exhibit 38: Chart on Doppler - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Doppler - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Doppler - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Doppler - Year-over-year growth 2023-2028 (%)
6.5 Hybrid - Market size and forecast 2023-2028
Exhibit 42: Chart on Hybrid - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Hybrid - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Hybrid - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Hybrid - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Technology
Exhibit 46: Market opportunity by Technology ($ million)
Exhibit 47: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 48: Chart on Product - Market share 2023-2028 (%)
Exhibit 49: Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Exhibit 50: Chart on Comparison by Product
Exhibit 51: Data Table on Comparison by Product
7.3 Spool piece ultrasonic flowmeter - Market size and forecast 2023-2028
Exhibit 52: Chart on Spool piece ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Spool piece ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Spool piece ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Spool piece ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
7.4 Insertion ultrasonic flowmeter - Market size and forecast 2023-2028
Exhibit 56: Chart on Insertion ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Insertion ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Insertion ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Insertion ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
7.5 Clamp-on ultrasonic flowmeter - Market size and forecast 2023-2028
Exhibit 60: Chart on Clamp-on ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Clamp-on ultrasonic flowmeter - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Clamp-on ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Clamp-on ultrasonic flowmeter - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Exhibit 64: Market opportunity by Product ($ million)
Exhibit 65: Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 103: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ million)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Badger Meter Inc.
Exhibit 119: Badger Meter Inc. - Overview
Exhibit 120: Badger Meter Inc. - Product / Service
Exhibit 121: Badger Meter Inc. - Key news
Exhibit 122: Badger Meter Inc. - Key offerings
12.4 Baker Hughes Co.
Exhibit 123: Baker Hughes Co. - Overview
Exhibit 124: Baker Hughes Co. - Business segments
Exhibit 125: Baker Hughes Co. - Key news
Exhibit 126: Baker Hughes Co. - Key offerings
Exhibit 127: Baker Hughes Co. - Segment focus
12.5 Bronkhorst High Tech B.V.
Exhibit 128: Bronkhorst High Tech B.V. - Overview
Exhibit 129: Bronkhorst High Tech B.V. - Product / Service
Exhibit 130: Bronkhorst High Tech B.V. - Key offerings
12.6 CMC Technologies Pty Ltd.
Exhibit 131: CMC Technologies Pty Ltd. - Overview
Exhibit 132: CMC Technologies Pty Ltd. - Product / Service
Exhibit 133: CMC Technologies Pty Ltd. - Key offerings
12.7 Danfoss AS
Exhibit 134: Danfoss AS - Overview
Exhibit 135: Danfoss AS - Business segments
Exhibit 136: Danfoss AS - Key news
Exhibit 137: Danfoss AS - Key offerings
Exhibit 138: Danfoss AS - Segment focus
12.8 Eesiflo Technologies Inc.
Exhibit 139: Eesiflo Technologies Inc. - Overview
Exhibit 140: Eesiflo Technologies Inc. - Product / Service
Exhibit 141: Eesiflo Technologies Inc. - Key offerings
12.9 Emerson Electric Co.
Exhibit 142: Emerson Electric Co. - Overview
Exhibit 143: Emerson Electric Co. - Business segments
Exhibit 144: Emerson Electric Co. - Key news
Exhibit 145: Emerson Electric Co. - Key offerings
Exhibit 146: Emerson Electric Co. - Segment focus
12.10 Endress Hauser Group Services AG
Exhibit 147: Endress Hauser Group Services AG - Overview
Exhibit 148: Endress Hauser Group Services AG - Product / Service
Exhibit 149: Endress Hauser Group Services AG - Key news
Exhibit 150: Endress Hauser Group Services AG - Key offerings
12.11 Fuji Electric Co. Ltd.
Exhibit 151: Fuji Electric Co. Ltd. - Overview
Exhibit 152: Fuji Electric Co. Ltd. - Business segments
Exhibit 153: Fuji Electric Co. Ltd. - Key offerings
Exhibit 154: Fuji Electric Co. Ltd. - Segment focus
12.12 General Electric Co.
Exhibit 155: General Electric Co. - Overview
Exhibit 156: General Electric Co. - Business segments
Exhibit 157: General Electric Co. - Key news
Exhibit 158: General Electric Co. - Key offerings
Exhibit 159: General Electric Co. - Segment focus
12.13 Honeywell International Inc.
Exhibit 160: Honeywell International Inc. - Overview
Exhibit 161: Honeywell International Inc. - Business segments
Exhibit 162: Honeywell International Inc. - Key news
Exhibit 163: Honeywell International Inc. - Key offerings
Exhibit 164: Honeywell International Inc. - Segment focus
12.14 Katronic AG and Co. KG
Exhibit 165: Katronic AG and Co. KG - Overview
Exhibit 166: Katronic AG and Co. KG - Product / Service
Exhibit 167: Katronic AG and Co. KG - Key offerings
12.15 KROHNE Messtechnik GmbH
Exhibit 168: KROHNE Messtechnik GmbH - Overview
Exhibit 169: KROHNE Messtechnik GmbH - Product / Service
Exhibit 170: KROHNE Messtechnik GmbH - Key offerings
12.16 Siemens AG
Exhibit 171: Siemens AG - Overview
Exhibit 172: Siemens AG - Business segments
Exhibit 173: Siemens AG - Key news
Exhibit 174: Siemens AG - Key offerings
Exhibit 175: Siemens AG - Segment focus
12.17 Teledyne Technologies Inc.
Exhibit 176: Teledyne Technologies Inc. - Overview
Exhibit 177: Teledyne Technologies Inc. - Business segments
Exhibit 178: Teledyne Technologies Inc. - Key news
Exhibit 179: Teledyne Technologies Inc. - Key offerings
Exhibit 180: Teledyne Technologies Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 181: Inclusions checklist
Exhibit 182: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 183: Currency conversion rates for US$
13.4 Research methodology
Exhibit 184: Research methodology
Exhibit 185: Validation techniques employed for market sizing
Exhibit 186: Information sources
13.5 List of abbreviations
Exhibit 187: List of abbreviations