New Study on Global Ultrasonic Flowmeter Market 2012-2016 by MarketResearchReports.biz
TechNavio's analysts forecast the Global Ultrasonic Flowmeter market to grow at a CAGR of 8.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in demand from the Oil and Gas industry. The Global Ultrasonic Flowmeter market has also been witnessing the development of smart ultrasonic flowmeters. However, the increasing threat from cross-industry vendors could pose a challenge to the growth of this market.
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