Ultrasonic Flowmeter Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Product (Spool Piece, Inline, Clamp-on, Others), By Technology (Transit-Time, Doppler, Hybrid), By End User (Water And Wasterwater, Oil And Gas, Pharmaceutical, Aerospace, Others), And By Geography - Forecasts From 2023 To 2028

The Ultrasonic Flowmeter Market is projected to grow at a CAGR of 7.06% to reach US$1,284.99 billion in 2028 from US$796.95 billion in 2021.

An ultrasonic flowmeter is a type of flowmeter that determines volume flow by measuring a fluid's velocity with ultrasound. The flowmeter can measure the average velocity along the path of an emitted ultrasound beam using ultrasonic transducers by averaging the difference in transit times between ultrasound pulses propagating into and against the flow direction or by measuring the frequency shift from the Doppler effect. The performance of ultrasonic flowmeters is affected by multiple factors depending on the specific flow meter, temperature, density, viscosity, and suspended particles. They are frequently less expensive to operate and maintain since they do not have moving parts like mechanical flow meters do. They are clamp-on instruments that enable the measurement of corrosive liquids without harming the ultrasonic sensor as they clamp on the outside of the pipe and accommodate a range of pipe sizes. There are portable ultrasonic flowmeters for use in industrial applications.

Applications involving minimal maintenance and low-pressure drop are appropriate for ultrasonic flowmeters. An ultrasonic Doppler flowmeter is suitable for carbonated streams like sewage or sludge. Transit-time ultrasonic flowmeters are the optimum alternative for applications involving clear fluids like water and oil.

The expanding use of flowmeters in the oil and gas industry as well as an increase in applications because of their adaptability has both contributed to the expansion of the ultrasonic flowmeter market.

One of the main factors influencing demand for ultrasonic flowmeters is their precision in measuring and estimating fluid velocity. As they do not experience structural depreciation and damage, they do not lower the fluid pressure that is moving down the tube. Furthermore, Ultrasonic flowmeters have great efficiency and accuracy as they can be used for both one-way and two-way measurements. It is frequently utilized in oil and gas operations as the exact calibration provided by ultrasonic technology has enhanced corporate reliability and helped reduce custody control conflicts. The use of ultrasonic flowmeters has also increased in other industrial applications due to the demand for non-invasive measurement tools in wastewater management, power generation, and chemical sectors. Additionally, for key food and beverage manufacturing operations including pasteurization, processing, sanitation, disinfecting, and washing use of vapour, comprehensive observations of the volume produced are necessary to optimize burner management, which has also benefited the market.

Key Developments.

• KOBOLD Messring GmbH introduced a new DUK Ultrasonic Flow Meter with Enhanced Electronics, which can be utilized in the pharmaceutical industry, water treatment, or food manufacturing in December 2022. The new DUK offers a perfect solution for a non-conductive medium that magnetic flow technology is unable to treat. The DUK was formerly suitable only for water and water-like media and functions based on the ultrasonic transit time difference. It offers a comparable solution to magnetic flowmeters, however unlike magnetic flow metres; it can also handle non-conductive liquids. The DUK delivers an outstanding turndown ratio of 250:1, which makes it ideal for smaller pipe sizes and enables a wide measuring range.
• Fuji Electric introduced a unique clamp-on type ultrasonic flowmeter for saturated steam in May 2020. The Food, Pulp, Paper, Chemical, Steel, and Electronics industries, where saturated steam is utilized for cleaning, are ideal targets for using the saturated steam ultrasonic flowmeter. A novel ultrasonic flowmeter with high sensitivity and new noise reduction technologies was developed by the company in order to detect saturated steam flow rates at extremely low pressures between 0.1 and 0.9 MPa and high temperatures up to 180 degrees Celsius. Users looking for an accurate, dependable, and simple-to-install gadget were the intended clientele for the clamp-on ultrasonic flowmeters. The ultrasonic flowmeter can support operations and maintenance managers in overcoming challenging steam flow energy management obstacles and achieving the best outcomes.

The ultrasonic flowmeter market is heavily concentrated in the Asia Pacific region, which is anticipated to grow significantly over the forecasted period.

Due to a variety of factors, including the water and sewage administration industry in several of the region's countries, the Asia Pacific region is anticipated to account for a sizeable percentage of the global ultrasonic flowmeter market. Additionally, developing nations Growing development and economic augmentation in nations like China, India, and Southeast Asia is pushing the need for adequate energy output, water systems, and wastewater processing technologies, which is anticipated to further raise demand for these flowmeters in these markets. Additionally, government initiatives to promote the development of ultrasonic flowmeters in different applications have also boosted the market in this region. The Department of Science and Technology (DST) of the Indian government awarded US$400,000 to Kritsnam Technologies in August 2022 for their efforts to properly analyze and regulate groundwater consumption in India. The start-up incubated at IIT Kanpur planned to develop a "Dhaara Smart Flowmeter”, an embedded framework for surveillance using two-beam ultrasonic flowmeters. It is intended to record the water systems in real-time for uses like potable water sources, groundwater level extraction, factory water usage, and precision irrigation. The product being developed is first intended for commercial customers like hotels, hospitals, shopping centres, IT parks, educational institutions, and colleges, as well as industrial users like manufacturers of food items, packaged drinking water, and pharmaceuticals.

Ultrasonic Flowmeter Market Scope:

Market Segments

• By Product
  • Spool piece
  • Inline
  • Clamp-on
  • Others
• By Technology
  • Transit-Time
  • Doppler
  • Hybrid
• By End-User
  • Water and Wasterwater
  • Oil and Gas
  • Pharmaceutical
  • Aerospace
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Middle East And Africa
    • Saudi Arabia
    • UAE
    • Other
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Others