Dramatic changes in the vortex flowmeter market

A new research study finds that dramatic changes are occurring in the vortex flowmeter market: custody transfer standards for vortex flowmeters are being formulated by API

A new research study finds that dramatic changes are occurring in the vortex flowmeter market.

The new study from Flow Research is called 'The World Market for Vortex Flowmeters, 3rd Edition'.

The worldwide vortex flowmeter market totaled $176 million in 2005, according to this study.

Revenues from sales of vortex flowmeters are projected to increase at a compound annual growth rate (CAGR) of 6.4 percent through 2010, when they are expected to reach $240 million.

One of the most dramatic changes in the vortex flowmeter market is the current formulation by the American Petroleum Institute (API) of standards for vortex flowmeters in custody transfer applications.

These standards respond to the expressed needs of both manufacturers and end-users of vortex flowmeters, and apply to both liquid and gas applications.

If approved, these standards are likely to have a very positive impact on the market.

The past five years have seen major product enhancements to vortex flowmeters.

Suppliers have responded to vibration issues by implementing software and electronics, including digital signal processing, which reduce the susceptibility of vortex meters to interference from vibration.

Some manufacturers have introduced reducer vortex flowmeters, which have a reduced diameter in the centre of the pipe.

This not only simplifies vortex flowmeter installation, but also improves the ability of vortex flowmeters to accurately measure fluids at low flowrates.

The growing availability of multivariable vortex flowmeters is also helping boost sales of vortex flowmeters, with more manufacturers entering the market.

According to Dr Jesse Yoder, president of Flow Research, these changes are very positive for vortex flowmeters.

"I have not seen a time in the past twelve years when conditions were more favourable for the vortex flowmeter market.

The formulation of standards, together with product improvements, are giving companies more and better reasons to buy vortex flowmeters.

In addition, end-users are becoming more familiar with the technology.

This is a time of dramatic change in the vortex flowmeter market.".

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