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Flowmeter enterprises usher in a good era of development

Flowmeter enterprises usher in a good era of development

  • September 10,2019.

In recent years, China's natural gas flowmeter market has shown a strong driving force for development.Benefiting from the favorable policies of China's urbanization construction and natural gas industry, the domestic, industrial and commercial natural gas flowmeter market has experienced rapid development.

In natural gas production, transportation and sales of each link in the need for gas flow measurement, the main use of flowmeter are precession vortex flowmeter, turbine flowmeter, roots gas flowmeter, gas waist wheel flowmeter, vortex flowmeter, ultrasonic flowmeter, orifice flow meter, accurate measurement of gas flow.In the context of double-digit growth in natural gas sales, relevant agencies forecast that industrial and commercial gas flowmeter revenue will grow at a compound rate of 9.4 percent and 10.4 percent for civil use in 2018-2022.

In addition, with the rapid development of China's natural gas industry, natural gas metering and international standards have become an inevitable trend.China will account for 37 per cent of global gas demand growth over the next five years and overtake Japan as the world's largest gas importer by 2019, the international energy agency (IEA) said in its latest market forecast.

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