New ARC Advisory Group research on the global Coriolis flowmeter market shows that suppliers are leveraging OPC UA, Industrial Ethernet and other advanced communications technologies to further increase the value of these process flowmeters in critical process industries.
According to Arun Mohan, analyst at ARC and key author of ARC’s Coriolis Flowmeter Global Market Research report, Coriolis flowmeters have emerged as one of the leading technologies for measuring volume and mass flows in demanding process applications. Mohan says the technology advantages and stable average selling prices have led to these devices gaining traction. He also points to the lack of moving parts exposed to potentially corrosive process media, low maintenance/low total cost of ownership, less-critical piping requirements, smaller meter size, higher accuracy and direct mass flow measurement as other advantages. New communication interfaces and protocols are helping users to get more data out of Coriolis flowmeters as well.
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers and provides five-year global forecasts for the Coriolis flowmeter systems market. This new research is based on ARC’s market research database, primary and secondary research, and economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, revenue category, line size, measured medium, transmission method, sales channels and customers.