Research and Markets: Global Thermal Flowmeter Market 2015-2019: with ABB, Emerson Electric and GE Electric Dominating
June 25, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/4hf448/global_thermal) has announced the addition of the “Global Thermal Flowmeter Market 2015-2019” report to their offering.
The analysts forecast the Global Thermal Flowmeter market to grow at a CAGR of 5.79 percent over the period 2014-2019.
Key Regions
– Americas
– APAC
– EMEA
Key Vendors
– ABB
– Emerson Electric
– GE Electric
Other Prominent Vendors
– Bronkhorst
– Eldridge Products
– Sage Metering
– Sierra
Commenting on the report, an analyst from the team said: The development of technically advanced thermal flowmeters is one of the key trends upcoming in this market. The growth of the market is influenced by the increase in technological advances worldwide. Today organizations across industries look for technologically advanced thermal flowmeters that can be easily handled and provide more accurate gas flow measures. Many thermal flowmeter manufacturers are using more advanced features.
According to the report, one of the main drivers for the market is the increased use in continuous emission monitoring systems, which involves use of thermal flowmeters to measure gases. By using the combined measurement of the concentration of SO2 and NOX with a measurement of flowrate, the amount of these gases released into the atmosphere can be determined. This is vital as they have been identified as the major causes of acid rain.
Further, the report states that one of the main challenges in the market is the need for effective product differentiation. The market includes several local, regional, and international vendors that offer similar products at competitive prices, which prompts vendors to differentiate their products to gain market share.
For more information visit http://www.researchandmarkets.com/research/4hf448/global_thermal
About Research and Markets
Research and Markets is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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