TITLE

New Study Finds Growth in Multiphase Flowmeter Market Outpaces All Other Flow Measurement Categories

PUB. DATE
November 2012
SOURCE
Flow Control;Nov2012, Vol. 18 Issue 11, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the findings of the study which shows the evolving technology of multiphase flowmeters (MF) and the fastest increasing flowmeter type, exceeding ultrasonic and other new technology flowmeters in the U.S. Based on the study, it is predicted that the MF market will increase at a compound annual growth rate (CAGR) of 14.5 percent until 2016 until it hits $472.2 million. A graph depicting the total worldwide shipments of MF is presented.
ACCESSION #
83747052

 

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