WE CREATE CHANGE IN FLOW market barometer Tønsberg, Norway site of the North Sea Flow Measurement Workshop René Descartes Focus this Quarter: Doing business in the Mideast $1.3B gas flow measurement market Ultrasonic flowmeters, in-situ verification TOTAL s view of subsea multiphase challenges Q4 2011 A Worldflow publication Flow Research, Inc. The Market Barometer is the component of Worldflow that focuses on the flowmeter industry. Every quarter, the Market Barometer shines its spotlight on this industry, looking for important events to discuss or highlight. We find the events, report them, and place them in the context of the flowmeter industry. The Market Barometer explains and interprets the importance of new technologies, new products, mergers, and acquisitions. We give you the information and ideas you need to generate forecasts, make budget decisions, and implement winning strategies. 1 Market Barometer Q4 2011
EZ Faxback Response Form Please use this form to request more information about any of the studies below. Return this form by mail, email, or fax Check the boxes next to the studies you would like more information about New-Technology Flowmeter Studies The World Market for Coriolis Flowmeters, 4 th Edition The World Market for Magnetic Flowmeters, 4 th Edition The World Market for Ultrasonic Flowmeters, 4 th Edition The World Market for Vortex Flowmeters, 4 th Edition The World Market for Thermal Flowmeters The World Market for Mass Flow Controllers, 2 nd Traditional Technology Flowmeter Studies The World Market for Pressure Transmitters, 3 rd Edition The World Market for Pos. Disp. Flowmeters, 2 nd Edition The World Market for Turbine Flowmeters, 2 nd Edition Cross-Technology Flowmeter Studies Volume X: The World Market for Flowmeters, 4 th Edition The World Market for Gas Flow Measurement, 2 nd Edition The World Market for Oil Flow Measurement Analytical Studies The World Market for Liquid Analytical Measurement Flow Research Services Worldflow Monitoring Service Website www.flowcoriolis.com www.flowmags.com www.flowultrasonic.com www.flowvortex.com www.flowthermal.com www.flowmfc.com www.worldpressure.com www.flowpd.com www.flowturbine.com www.floweverything.com www.gasflows.com www.oilflows.com www.flowanalytical.com Name Title Company Email Street City Country Phone Zip State Fax Return this form by mail, email, or fax to: Flow Research 27 Water Street Wakefield, MA 01880 info@flowresearch.com Market Barometer Q4 +1 2011 781-245-3200 2 +1 781-224-7552 (fax)
Market Barometer Q4 2011 Publisher and Executive Editor: Jesse Yoder, PhD (jesse@flowresearch.com) Editor: Belinda Burum (belinda@flowresearch.com) Associate Editor: Norm Weeks (norm@flowresearch.com) Table of Contents State of the Industry: Fourth Quarter 2011...7 Three trips to the Mideast plus extensive research leads to megastudy on natural gas and gas flow measurement... 7 Blockbuster Flow Research studies find $1.3 billion worldwide gas flow measurement market... 9 Ultrasonic draws attention at North Flow Measurement event... 12 In the News....16 Acquisitions Badger Meter to buy RFI... 16 TASI Group acquires Litre Meter and Vögtlin Instruments... 16 DEA Engineering now part of Flowmax family... 17 Spectris acquires Omega... 17 McCrometer acquires Automata and forms new BU for agricultural and rural water wireless solutions... 17 Georg Fischer acquires U.S. industrial piping systems leader... 18 E+H acquires stake in U.S. bioprocess engineering company... 18 ABB to expand renewable offerings with Powercorp purchase... 19 Sierra expands global reach with CP Engineering purchase in England and India; JV in China... 19 Expansion Endress+Hauser Flowtec opens new customer center in Cernay... 20 Spirax Sarco opens new UK Steam Technology Centre... 20 Spirax Sarco opens training facility in South Carolina... 21 Danfoss launches India 2015 with new facility and more... 21 IDEX Corporation opens Fluid & Metering facility in India... 22 Azbil Singapore relocates service center and head office... 22 (Continued on page 4) 3 Market Barometer Q4 2011
Table of Contents (Continued from page 3) Siemens inventions per R&D employee double since 2001... 23 Products Yokogawa releases temperature sensor for oil sand and oil shale... 23 Awards Emerson s Rosemount business among Thomsom Reuters 2011 Top 100 Global Innovators... 24 E+H founder Georg Endress honored posthumously... 24 Upcoming Trade Shows: 2012... 25 Company Korner: Multi Phase Meters AS... 26 FMC s MPM subsidiary supplies multiphase meters around the world... 26 Products & Technologies New-Technology Flowmeters... 27 Coriolis KROHNE applies non-radiometric density to thickener underflow line... 27 Ultrasonic Cameron launches LEFM 380Ci natural gas ultrasonic flowmeters... 28 Dynameters offers energy meter... 28 KROHNE: In-situ verification can reduce performance uncertainty... 29 Magnetic Flowiz TM Next water dominator represents 5 years of evolution... 31 Elster introduces Q400 magmeter with replaceable battery pack... 31 Emerson expands Smart Meter Verification to magnetic flowmeters... 32 Sensus announced iperl as new concept in water metrology... 33 Vortex New Nice TITAN meter aims to replace insertion turbine technology... 34 Thermal/MFC Brooks offers new MultiFlo Capable GF40 and GF80 thermal mass flow controllers and meters... 35 Sierra s Smart-Trak 50 Series MFCs now available for higher flows and in 316 stainless steel... 35 Flow Research gathering data for worldwide MFC market study... 36 Multiphase TOTAL s view of subsea multiphase measurement challenges... 37 (Continued on page 5) Market Barometer Q4 2011 4
Table of Contents Products & Technologies Traditional Technology Flowmeters... 41 Pressure/DP Flow/Primary Elements Emerson celebrates 10 years of Rosemount 3051S Series... 41 Positive Displacement Kimmon starts gas meter production in Taiwan joint venture to expand azbil Group s Life Automation business... 42 Macnaught introduces revolutionary MK ROTALOK Mechanical Register to complement its PD flowmeters... 43 Flow Research finalizing PD study... 43 Turbine New Flow Research study finds strong turbine meter market... 44 Open Channel/VA Yokogawa introduces RAGN, first glass rotameter for SIL apps... 45 Brooks offers new low flowrate option for Model MT3809 Rotameters... 46 Parker s new P-Series flowmeters deliver greater application versatility for industrial customers... 47 Products & Technologies Liquid Analytical... 48 KROHNE s OPTIQUAD-M analyzes mil using optical spectroscopy... 48 Copyright 2012 All data and information in this report is proprietary and copyrighted by Flow Research, Inc. However, clients may reproduce this material internally for members of their own organization. Disclaimer While every effort has been made to insure that this report is accurate and complete, Flow Research accepts no liability for consequences of any actions that are based on the findings in this publication. Flow Research, Inc. 27 Water Street, Wakefield, MA 01880 +1 781-245-3200 or 800-245-1799 +1 781-224-7552 (fax) info@flowresearch.com 5 Market Barometer Q4 2011
Boulder Canyon, Boulder, Colorado Photo by Flow Research Market Barometer is part of the Worldflow Monitoring Service. Other publications in this service include the Energy Monitor and Flash Reports. The Living Database provides more indepth information and analysis about the instrumentation business. Here is the Worldflow publication schedule for the next few quarters: Q4 2011 Market Barometer January 2012 Energy Monitor January 2012 Q1 2012 Market Barometer February 2012 Energy Monitor March 2012 Q2 2012 Market Barometer April 2012 Energy Monitor May 2012 Market Barometer Q4 2011 6