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Top 5 Vendors in the Vortex Flowmeter Market From 2019 to 2023 | Technavio

The Associated Press

LONDON--(BUSINESS WIRE)--Jul 11, 2019--

Smart vortex flow meters are gaining immense popularity in the oil and gas, chemical and petrochemicals, and mining industries. These flowmeters provide real-time monitoring in a remote configuration as they utilize edge-computing technology with enhanced flow computer functionality, which can be connected through HART connectivity communication protocols. Smart vortex flowmeters are easy to install and minimize downtime. Thus, the growing demand for smart cortex flowmeters is expected to fuel the growth of the vortex flowmeter market size during the forecast period. Furthermore, this industry research report also presents a competitive analysis of the market by end-users (oil and gas industry, power industry, chemical, and petrochemical industry, food and beverage industry, and others) and geography (APAC, Europe, MEA, North America, and South America).

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Technavio has released a new market research report on the global vortex flowmeter market from 2019-2023. (Graphic: Business Wire)

Competitive vendor landscape

The global vortex flowmeter market is highly competitive with major vendors such as ABB, Badger Meter Inc., Emerson Electric Co., Endress+Hauser Management AG, Siemens, and Yokogawa Electric Corp., competing based on price, quality, and market presence.

“The demand for multivariable vortex flow meters is increasing as they help in overcoming various challenges faced in industrial applications. Multivariable vortex flowmeters use dual sensor and resistance temperature detector (RTD) that enables accurate flow measurement and help in eliminating the effect of vibration and change in process temperature. Thus, the growing popularity of multivariable vortex flow meters is expected to fuel the market growth during the forecast period,” says a senior analyst at Technavio.

Top five vortex flowmeter market vendors

ABB

ABB is one of the largest companies that has operations in various segments, including electrification products, robotics and motion, and industrial automation. Under its vortex flowmeters category, the company offers the FSV430 and FSV450 vortex flowmeters.

Badger Meter, Inc.

Badger Meter Inc. owns and operates businesses in municipal water and flow instrumentation segments. The company offers meters and valves for industrial applications through its flow meter instrumentation. The company provides the VN2000 hot tap insertion flow meter, VN2000 compact direct insertion flow meter, and RVL series meter.

Emerson Electric Co.

Emerson Electric Co. provides tools, residential storage systems, and appliance solutions for professionals and homeowners. The company also offers measurement, control, and diagnostic capabilities for automated industrial processes that produce fuels, chemicals, foods, medicines, power, and others. Under its vortex flowmeter category, the company provides Rosemount 8800 Series vortex flow meters.

Endress+Hauser Management AG

Endress+Hauser Management AG Hauser AG is a leading supplier of measuring instruments and automation solutions for the industrial process engineering industry. Endress+Hauser serves the oil and gas; chemical; food and beverage; power and energy; metals; paper; and renewable energies industries. The company provides Proline Prowirl D 200 vortex flowmeter.

Siemens

Siemens is one of the most popular and most established companies that operate in various segments including power and gas; energy management; building technologies; mobility; digital factory; process industries and drives; financial services; and Siemens healthineers. The company provides SITRANS FX series vortex flowmeters.

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KEYWORD:

INDUSTRY KEYWORD: ENGINEERING CHEMICALS/PLASTICS OIL/GAS MANUFACTURING ENERGY

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 07/11/2019 02:30 PM/DISC: 07/11/2019 02:31 PM

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