DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/l73fdk/coriolis_meters) has announced the addition of the "Coriolis Meters Market by Application, by Fluid Type & Geography - Global Trends and Forecast to 2019" report to their offering.
The global Coriolis meters market is estimated to reach $1,932.5 million by 2019 at a projected CAGR of 11.04% during the forecast period, indicating a high demand in oil & gas, chemicals & petrochemicals, food & beverages applications. By 2019, the liquid usage market is estimated to reach $1,521.4 million, whereas gas usage market is projected to reach $411.1 million.
Coriolis flow meters are based on Coriolis forces that are generated when moving fluid is subject to vibrations that are perpendicular to its motion. These Coriolis forces are proportional to the mass of fluid. Pick off coils and magnets are used to measure vibrations of the fluid and convert it to electric signals.
With an increase in investments in the energy sector, especially in oil & gas projects, the market for Coriolis meters is projected to grow, as they have application the oil & gas production, which is directly related to the energy sector. Factors driving the Coriolis meters market include rising demand for energy and increasing demand for Coriolis meters in the process industry.
Currently, liquid usage market represents around 79% of the Coriolis meters market by fluid type in terms of value, followed by gas usage market, which accounts for a 21% share of global Coriolis meters market . Among various regions, North America dominates the market currently.
Scope of the report: This study estimates the global market of Coriolis meters till 2019. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. Global Coriolis Meter Market By Fluid Type 2014-2019
8. Global Coriolis Meter Market By Application 2014-2019
9. Global Coriolis Meter Market By Geography 2014-2019
10. Competitive Landscape
11. Company Profiles
- ABB Limited
- Azbil Corporation
- Brooks Instruments (Subsidiary of Illinois tool Works)
- Endress + Hauser AG
- Fmc Technologies
- Foxboro (Invensys) (Schneider)
- GE Measurements and Control
- Krohne Messtechnik Gmbh
- Liquid Controls(Idex )
- Melema Engineering Corp.
- Siemens A.G.
- Tricor Coriolis Technology
- Yokogawa Electric Corp
For more information visit http://www.researchandmarkets.com/research/l73fdk/coriolis_meters