Report Highlights
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BCC estimates the global market for gas flow meters, sensors, monitors, and secondary flow instrumentation at about $3.6 billion in 2009 and $3.9 billion in 2010. Growing at a projected compound annual growth rate (CAGR) of 5.9%, the market should approach $5.2 billion by 2015.
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The market for gas flow sensors and monitors is expected to grow faster than the markets for either flow meters or secondary instrumentation. This segment is worth an estimated $1.8 billion in 2010 and is expected to reach $2.5 billion by 2015, a compound annual growth rate (CAGR) of 6.7%.
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BCC estimates the global market for gas flow meters at $1.5 billion in 2009 and more than $1.5 billion in 2010, rising to nearly $2 billion by 2015. These figures represent a CAGR of 5.2% between 2010 and 2015.
INTRODUCTION
- 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
- 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
- North America
- Europe
- Asia
- Rest of the World
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Report Highlights
- The global market for gas sensors and gas metering equipment including secondary instrumentation is estimated at $2.8 billion in 2004 and expected to rise at an average annual growth rate (AAGR) of 5.9% to $3.8 billion in 2009.
- Sensors and monitors represent the largest and second highest growing segment, rising at an AAGR of 6.3% from $1.3 billion in 2004 to nearly $1.8 billion in 2009.
- The smallest segment, secondary instrumentation, also is the fastest growing and expected to reach $512 million in 2009, rising at an AAGR of 7.2%.
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