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Article: Coriolis Flowmeter Market Tops $660 Million, Finds New Flow Research Study.(Report)
- Article from:
- Computer Weekly News
- Article date:
- October 9, 2008
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A new research study finds strong growth in the worldwide Coriolis flowmeter market. The new study from Flow Research (www.flowresearch.com), The World Market for Coriolis Flowmeters, 3rd Edition, finds that the worldwide flowmeter market totaled $662 million in 2007, with a projected compound annual growth rate (CAGR) of 7.5% through 2012. By 2012, the worldwide Coriolis market is projected to reach $950 million. The highest growth rates are in China and other Asian countries, Middle East/Africa, and Latin America due to the need for high accuracy flow measurement in new process and power plants.
Coriolis meters, the highest accuracy flowmeters on the market, are ...