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Process industries drive growth of Coriolis flowmeter market

Analysts forecast the global Coriolis flowmeter market to grow at a CAGR of 12.05 percent over the period 2012-2016.

One of the key factors contributing to this market growth is the increasing demand for coriolis flowmeters across process industries.

The global Coriolis flowmeter market has also been witnessing the development of industry-specific Coriolis flowmeters. However, lack of effective product differentiation could pose a challenge to the growth of this market.

TechNavio's Global Coriolis Flowmeter Market 2012-2016 report covers the Americas, and the EMEA and APAC regions; it covers the Global Coriolis Flowmeter market landscape and its growth prospects in the coming years. A single user licence for the report is priced at US$2000.00.

The key vendors dominating this market space are Siemens, GE and Emerson Electric.

The other vendors mentioned in the report are Invensys, Krohne Group, Yokogawa Electric, ABB, Endress+Hauser, Brabender Technologie and Malema Engineering.

Technavio is the syndicated research wing of Infiniti Research.

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