The development of science and technology has brought us a variety of new tricks, such as smart phones for communication tools from Big Brother to the present; we see the world watching movies from the curtain to the current 4D, and the rapid development is beyond our control. , life is more and more intelligent. Of course, industrial development will not lag behind. On the contrary, it will develop more rapidly. On the industrial scene, instruments that measure fluid flow are collectively referred to as flow meters or flow meters. It is one of the most important instruments in industrial measurement. With the development of industry, the accuracy and range of flow measurement are more and more demanding. In order to adapt to a variety of uses, various types of flow meters have come out one after another and are widely used in oil and gas, petrochemical, water treatment, food and beverage, Pharmaceuticals, energy, metallurgy, pulp and paper and building materials industries.

Using a 360-degree full-angle research model, the company focuses on the global, comprehensive application industry, technology and technology development, economics, competitive environment and industry users and other modules to conduct a comprehensive study of the flowmeter market and analyze the market.

Market Overview of Flow Meters

More electronic technologies such as digital signal processing (DSP) and microprocessors are being introduced into the flowmeter, which allows the flowmeter to be self-diagnostic and to better communicate with the production control level. The improvement of performance better meets the needs of industry users and creates more market application space for flowmeters. Inhibiting factors The current global economic situation needs to be further boosted, and industrial products demand is not strong. Many industry users slowed investment in new projects or suspended upgrading of equipment, waiting for signs of global economic recovery. Therefore, in the short term, this will give the flowmeter a certain influence on the development prospects of its main application industries. There are numerous manufacturers in the global flow meter market and competition is fierce. At the same time, flowmeter manufacturers are facing more stringent requirements from industry users. In order to allow products to penetrate into the main industries of flowmeter applications, price competition among manufacturers is inevitable. This phenomenon is common in emerging economies, especially China. Prices often become the most important determinants of purchasing behavior. Over time, manufacturers are paying more attention to price strategies, resulting in insufficient product innovation and impeding market development.

Traditional mechanical flowmeters, such as differential pressure flowmeters, positive displacement flowmeters, and variable area flowmeters, are already in the popularization stage. The price competition is fierce, the profit space is decreasing, the technological innovation is less, and the market is relatively mature.

Guiding users to accept and use new technology flow meters, such as ultrasonic flow meters, electromagnetic flow meters, and thermal mass flow meters, is another challenge for manufacturers to make the market bigger and stronger. In addition, while new technology flow meters are being introduced into various industries, rapid and effective after-sales services are also critical to manufacturers. In particular, flowmeters based on FOUNDATION fieldbus and Profibus PA bus have certain requirements for software technology. Effective services can provide users with more suitable solutions and are close to users.

The revolution in flowmeters from mechanical flowmeters to electronic flowmeters is one of the most important trends in flowmeters. Electromagnetic flowmeters, ultrasonic flowmeters, and vortex flowmeters operate on electrical principles, thereby avoiding the need to replace moving parts in mechanical flowmeter work. At the same time, the self-diagnosis function was introduced into the flowmeter, making the flowmeter not only a simple measurement tool, but also for the purpose of system maintenance, such as empty pipeline detection and self-test. In addition, the combination of advanced communication technology in the electronic flow meter enables the control personnel to remotely obtain the flow data and historical data of the production site in real time.

The current price competition is a major competitive trend in the flow meter market. This phenomenon is common in emerging economies, especially China. Prices often become the most important determinants of purchasing behavior. Over time, manufacturers are paying more attention to price strategies, resulting in insufficient product innovation and impeding market development. Its actual implementation of product differentiation and customized production is an important breakthrough point for manufacturers in the fierce competition in mature markets. How to effectively obtain the actual needs of users, and to improve the traditional products, is a challenge for manufacturers to differentiate and customize the production process.