LONDON, March 30, 2015 /PRNewswire/ -- This BCC Research
report deals with gas metering and gas sensors/monitoring,
including instrumentation, process control, and automation systems
for different applications. It also describes and analyzes
developments in the markets for commercial gas meters and gas
sensors/monitors since 2010 and developing revised market
projections that reflect these developments.
Use this report to:
- Learn about the current status and the future supply and demand
issues for gas meters and sensors/monitors, providing consumers
with insight into the dynamics of the business.
- Examine the applications enveloping various gas flow metering
technologies.
- Gain information on design criteria and the importance of
accuracy in gas sensors and metering technologies
Highlights
- BCC Research estimates the global market for gas flow meters,
sensors, monitors, and secondary flow instrumentation totaed
$4.5 billion in 2013 and $4.8 billion in 2014. Growing at a projected
compound annual growth rate (CAGR) of 5.9%, the market should
exceed $6.4 billion by 2019.
- Gas flow sensors/monitors market accounted for nearly
$2.2 billion in 2013. The market
segment is predicted to increase to $2.3
billion by 2014, and with a CAGR of 6.7% from 2014 to 2019,
it is expected that the market will reach $3.2 billion by 2019.
- BCC Research estimates that the gas flow meters segment of the
market will reach nearly $2.4 billion
by 2019 up from $1.9 billion in 2014,
a CAGR of 5.1% from 2014 to 2019.
INTRODUCTION
STUDY GOALS AND OBJECTIVES
This report is an update of an earlier (2010) BCC Research study on
gas metering and gas sensors/monitoring, including instrumentation,
process control, and automation
systems for different applications. This updated report builds on
the earlier work by describing and analyzing developments in the
markets for commercial gas meters and
gas sensors/monitors since 2010 and developing revised market
projections that reflect these developments. Specific objectives of
this report thus include the following:
- Understanding metering requirements
- Appreciating design criteria and the importance of accuracy
- Understanding measurement concepts and types of error
- Understanding the basic concepts, principle of operation, and
equipment used for gas metering, gas sensing/monitoring, secondary
gas flow instrumentation, and sampling
- Understanding the typical operations, control functions and
record keeping requirements
- Evaluating the application envelopes of the various gas flow
metering technologies
- Providing a critical evaluation of the current status of gas
meter and sensor/monitor commercial markets
- Analyzing the role of gas metering and sensing/monitoring in
various applications segments, including custody transfer of
natural gas, stack and flare systems, utilities, crude oil and
natural gas production/ processing, and low gas flow rates (e.g.,
chemical manufacturing, and metal fabrication and processing)
- Discussing and analyzing the current status and future supply and
demand issues for gas meters and sensors/monitors and thus
providing consumers with an insight into
the dynamics of the business
- Identifying future business opportunities
REASONS FOR DOING THE STUDY AND INTENDED AUDIENCE
The market for gas flow meters and gas flow sensors and monitors
has experienced considerable changes in the last four years,
including internal changes (e.g., as a result
of technological developments) and external shifts, particularly
the global economic weakness that has persisted since the 2008-2009
recession. This report provides information useful to anyone
concerned with the manufacturing, marketing, operation, and
maintenance of gas metering and gas sensing/monitoring systems,
including the
following:
- Operations engineers
- Graduate engineers
- Supervisors
- Operators
- Metering specialists/technicians
- Project developers
- Government experts from developed and developing countries
- Technology providers
- Verifiers/certifiers and validators
- Financial intermediaries (banks, insurance companies)
- Brokers and traders interested in metering and sensing/monitoring
market developments and regulatory trends
- Law firms
- Accounting and auditing firms
- Marketing managers
- Senior petrochemical executives
SCOPE OF REPORT
This report presents data on demand for gas metering and gas
sensors/monitors for different applications in current U.S. dollars
for the major global regions. Market share
is presented for all major products, applications, gases,
players/regions, and at the global level. Profiles are included for
leading suppliers worldwide. The report begins with an overview of
gas sensing and monitoring technologies, including a brief history,
major products, and a market summary. Subsequent sections describe
major gas sensing and monitoring technologies in greater detail,
identify key suppliers, and present comprehensive market estimates
and projections. A separate chapter examines the geographical
structure of the market.
METHODOLOGY
Both primary and secondary research methodologies were used in
preparing this report. BCC Research conducted an extensive
international user survey in preparing the previous edition of this
report. Users in the following countries were interviewed:
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
Asia
- China
- Japan
- Singapore
Rest of the World
Central and South America
Africa and the Middle East
BCC Research supplemented the earlier survey's findings with a
literature review and key-informant interviews. The results of this
process were combined with BCC Research's analysis of historical
trends in carbon dioxide (CO2) demand and projected trends in major
market drivers to obtain the market estimates and projections
contained in this report.
INFORMATION SOURCES
Information sources include trade data (national and
international), company publicity literature, conference reports,
world trade technical journals, and interviews with
company representatives.
Download the full report:
https://www.reportbuyer.com/product/297997/
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