Research Report Turbine Flow Meters for Subsea Applications Market 2015 - 2023

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Forecast 2015 - 2023
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Turbine flow meters are velocity measurement devices used for measuring the volumetric flow of
liquid/gas. At oil and gas facilities, turbine flow meters are deployed for the transfer of hydrocarbons and
gases in a controlled manner. Advanced turbine flow meters commonly used at oil and gas facilities
incorporate the functionality of flow computers for correcting properties such as pressure, fluid, and
temperature of the gas/liquid under observation and achieve the desired accuracy for the application.
Other than the oil and gas industry, turbine flow meters find miscellaneous applications in water,
chemicals, and the food and beverages industries.
Browse Full Global Turbine Flow Meters Market Research Report With Complete TOC @
Global turbine flow meters market have features that make them an excellent choice for volumetric
measurement devices in the subsea industry. The flow sensing elements used in turbine flow meters are
compact and light in weight compared to other metering technologies. As a result, turbine flow meters are
suitable for subsea operations at different depth levels. The high accuracy and fast speed response of
turbine flow meters also make them highly viable for subsea operations.
Rise in Global Subsea Activities Boost Global Demand
The continuous rise in energy demands from the mounting global population and the strengthening
industrial sector in the past few years, coupled with matured onshore reserves of oil and gas, have boosted
exploration and production activities from subsea reserves. With the section of subsea oil and gas
exploration and production garnering an increased level of attention on a global front, the market for
turbine flow meters is also expected to tread along an upward growth trajectory in the coming years.
The market is benefitting especially from the rising offshore oil and gas exploration and production
activities in Africa and Brazil in the next few years. A number of planned expansion projects and the vast
offshore reserves in West Africa are potential growth sectors for the global market for turbine flow meters.
Strict guidelines related to operations at oil and gas facilities in Europe could prove to be another
significant factor propelling the market in the near future. Along with this, a number of shallow water
exploration projects planned in European countries will significantly boost the demand for turbine flow
However, the depression that currently engulfs the global oil market owing to the continuously declining
crude oil prices can hamper the overall development of the global turbine flow meters market to a certain
extent. The development of numerous newer volumetric flow measuring devices at a rapid pace owing to
technological advancements is also expected to hinder the growth of the global turbine flow meters
market to a certain extent on the global front.
The market features a large number of companies offering customized turbine flow meters according to
the specific regulations associated with operations at subsea facilities. Companies offer a wide range of
turbine flow meters that are chosen on the basis of the characteristics of the fluid/gas under observation.
Based on flow range, the market is segmented into 1100-2250 l/min, 250-1100 l/min, 50-250 l/min, and
1.2-50 l/min.
Some of the major vendors operating in the global turbine flow meters market for subsea operation are
Environmental Technologies Ltd., Flowtechnik Ltd, Omni Instruments Ltd., AW-Lake Company, ABB Ltd.,
Hoffer Flow Controls, Inc.
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To operate an oil and gas facility efficiently reliable measurement and control appliances must be utilized during the operations. Turbine flow meters are designed to measure volumetric flow by responding to the viscosity of the respective fluid to be measured. Apart from viscosity, density and velocity of the fluid are the other major parameters which influence the measurement of the turbine flowmeters. These flow meters have been an effective flow measurement technology for the subsea industry. Turbine flow meters have several features which make them an excellent choice for subsea applications. The flow sensing element utilized in these flow meters are lightweight and compact compared to other metering technologies. As a result, these devices are usually preferred in subsea applications. Turbine flow meters are suitable for use on all low to medium viscosity fluids. These flowmeters are specifically designed for subsea operations at various depth levels. The market for turbine flow meters in subsea applications is expected to grow at a substantial rate owing to fast speed and high accuracy response of these devices.