Research study finds $1 billion differential pressure flowmeter market.A research study from Flow Research (www. flowresearch.com) finds that the world market for differential pressure (DP) flowmeters is much larger than anticipated. The worldwide DP flowmeter See flow meter. market totaled $996 million in 2006, and will exceed one billion dollars in 2007. The market has previously been undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. because only the value of DP transmitters has been counted toward the value of the DP flowmeter market. This study includes the value of both DP transmitters and primary elements in the total market size. DP flowmeters use both a DP transmitter A device that generates signals. Contrast with receiver. and a primary element in making a flow measurement. The primary element places a restriction in the flowstream, and the DP flow transmitter measures the difference between the upstream From the consumer to the provider. See downstream. (networking) upstream - Fewer network hops away from a backbone or hub. For example, a small ISP that connects to the Internet through a larger ISP that has their own connection to the backbone is downstream from the larger and downstream pressures. While some companies offer both DP transmitters and primary elements, a large group of companies mainly offers primary elements. Many customers are said to buy their primary elements and DP flow transmitters from different suppliers. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Jesse Yoder, president of Flow Research, the future looks bright for DP flowmeters. Customers are said to be able to enhance their technology without switching to a different flowmeter type. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion