Contents:

Chapter One: Executive Summary Overview 1-1 Figure Number 1-1 Profile of Participants 1-3 1-2 Industry Distribution of Participants 1-4 1-3 Installed Base of Flowmeters by Type 1-5 1-4 Liquid, Gas, and Steam Measurement Usage by Percentage of Total Responses 1-5 Chapter Two: Introduction Overview 2-1 How to Read the Figures in the Report 2-1 Team History and Experience 2-2 Flow Research, Inc 2-3 Flow Research Studies 2-3 Flow Research Instrumentation Articles 2-4 Custom Projects 2-7 Figure Number 2-1 New-Technology and Traditional Technology Flowmeters 2-9 2-2 New-Technology Flowmeters Approved by the Fieldbus Foundation 2-10 Chapter Three: Worldwide Survey of Users of All Types of Flowmeters Overview 3-1 Profile of Participants: Figures 3-1 to 3-3 3-3 Industry Distribution of Participants: Figures 3-4 and 3-5 3-3 Installed Base of Flowmeters by Type: Figures 3-6 to 3-8 3-3 Flowmeters Purchase or Specified in 2004 and Expected to be Purchased or Specified in 2008: Figures 3-9 to 3-23 3-4 Flowmeters Purchased or Specified by Type: Figures 3-24 and 3-25 3-5 Reasons Given for Shifts in Types and Quantities of Flowmeters Purchased from 2004 to 2008: Figures 3-26 to 3-27 3-6 Use of Different Types of Flowmeters for Liquid, Gas, and Steam Applications: Figures 3-28 to 3-43 3-6 Applications for Flowmeters by Type: Figures 3-44 to 3-57 3-7 Average Purchase Price: Figure 3-58 to 3-60 3-7 Product Features, Characteristics, and Specifications that are Important in Flowmeter Selection: Figures 3-61 to 3-65 3-8 When Buying Flowmeters, Openness to Switching Types: Figure 3-66 3-8 Percent of Respondents Purchasing Flowmeters with Digital or Analog Output Signals: 3-67 to 3-68 3-8 Communication Protocols Used by Flowmeters Purchased or Specified in 2004 and Expected to be Purchased in 2008: Figures 3-69 to 3-76 3-8 Industry Certifications Required: Figure 3-77 3-9 Important Non-Product or Commercial Considerations in Selecting Flowmeter Vendors: Figure 3-78 3-9 Openness to Doing Business with a New Supplier When Purchasing or Specifying Flowmeters: Figure 3-79 3-10 Ways to Become Aware of Flowmeters and Vendors: Figures 3-80 to 3-83 3-10 Figure Number 3-1 General User Survey Charts 3-11 3-2 Profile of Participants – “Other” 3-12 3-3 Regions Represented by Participants 3-13 3-4 Industry Distribution of Participants 3-14 3-5 Industry Distribution of Participants – Other 3-15 3-6 Installed Base of Flowmeters 3-16 3-7 Installed Base of Flowmeters by Type 3-17 3-8 Number of Flowmeters Purchased or Specified in 2004 3-18 3-9 Percent of Total Respondents Who Purchased or Specified Specific Types of Flowmeters in 2004 3-19 3-10 Percent of Total Respondents Who Expect to Purchase or Specify Particular Types of Flowmeters in 2008 3-20 3-11 Percent of Total Respondents Who Purchased or Specified Coriolis Flowmeters in 2004 and Who Expect to Purchase or Specify Coriolis Flowmeters in 2008 3-21 3-12 Percent of Total Respondents Who Purchased or Specified Differential Pressure Flowmeters in 2004 and Who Expect to Purchase or Specify Differential Pressure Flowmeters in 2008 3-22 3-13 Percent of Total Respondents Who Purchased or Specified Magnetic Flowmeters in 2004 and Who Expect to Purchase or Specify Magnetic Flowmeters in 2008 3-23 3-14 Percent of Total Respondents Who Purchased or Specified Open Channel Flowmeters in 2004 and Who Expect to Purchase or Specify Open Channel Flowmeters in 2008 3-24 3-15 Percent of Total Respondents Who Purchased or Specified Optical Flowmeters in 2004 and Who Expect to Purchase or Specify Optical Flowmeters in 2008 3-25 3-16 Percent of Total Respondents Who Purchased or Specified Positive Displacement Flowmeters in 2004 and Who Expect to Purchase or Specify Positive Displacement Flowmeters in 2008 3-26 Figure Number 3-17 Percent of Total Respondents Who Purchased or Specified Sonar Flowmeters in 2004 and Who Expect to Purchase or Specify Sonar Flowmeters in 2008 3-27 3-18 Percent of Total Respondents Who Purchased or Specified Target Flowmeters in 2004 and Who Expect to Purchase or Specify Target Flowmeters in 2008 3-28 3-19 Percent of Total Respondents Who Purchased or Specified Thermal Flowmeters in 2004 and Who Expect to Purchase or Specify Thermal Flowmeters in 2008 3-29 3-20 Percent of Total Respondents Who Purchased or Specified Turbine Flowmeters in 2004 and Who Expect to Purchase or Specify Turbine Flowmeters in 2008 3-30 3-21 Percent of Total Respondents Who Purchased or Specified Ultrasonic Flowmeters in 2004 and Who Expect to Purchase or Specify Ultrasonic Flowmeters in 2008 3-31 3-22 Percent of Total Respondents Who Purchased or Specified Variable Area Flowmeters in 2004 and Who Expect to Purchase or Specify Variable Area Flowmeters in 2008 3-32 3-23 Percent of Total Respondents Who Purchased or Specified Vortex Flowmeters in 2004 and Who Expect to Purchase or Specify Vortex Flowmeters in 2008 3-33 3-24 Percentage of Total Flowmeters Purchased or Specified in 2004 by Type 3-34 3-25 Percentage of Total Flowmeters Expected to Be Purchased or Specified in 2008 by Type 3-35 3-26 Reasons Given for Shifts in Types and Quantities from Flowmeters Purchased or Specified in 2004 and Expected to Be Purchased or Specified in 2008 (Bar Chart) 3-36 3-27 Reasons Given for Shifts in Types and Quantities from Flowmeters Purchased or Specified in 2004 and Expected to Be Purchased or Specified in 2008 (Table) 3-37 3-28 Are or Will the Coriolis Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-41 3-29 Are or Will the Differential Pressure Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-42 3-30 Are or Will the Optical Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-43 3-31 Are or Will the Positive Displacement Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-44 3-32 Are or Will the Sonar Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-45 3-33 Are or Will the Target Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-46 3-34 Are or Will the Thermal Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-47 Figure Number 3-35 Are or Will the Turbine Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-48 3-36 Are or Will the Ultrasonic Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-49 3-37 Are or Will the Variable Area Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-50 3-38 Are or Will the Vortex Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-51 3-39 Are or Will the Other Flowmeters You Have Purchased or Will Purchase Be Used in Gas, Liquid, or Steam Applications? 3-52 3-40 Percent of Total Flowmeters Purchased and to be Purchased for Liquid Applications, Segmented by Type 3-53 3-41 Percent of Total Flowmeters Purchased and to be Purchased for Gas Applications, Segmented by Type 3-54 3-42 Percent of Total Flowmeters Purchased and to be Purchased for Steam Applications, Segmented by Type 3-55 3-43 Liquid, Gas, and Steam Measurement Usage by Percentage of Total Responses 3-56 3-44 Applications for Coriolis Flowmeters 3-57 3-45 Applications for Differential Pressure Flowmeters 3-60 3-46 Applications for Magnetic Flowmeters 3-64 3-47 Applications for Open Channel Flowmeters 3-67 3-48 Applications for Optical Flowmeters 3-68 3-49 Applications for Positive Displacement Flowmeters 3-69 3-50 Applications for Sonar Flowmeters 3-71 3-51 Applications for Target Flowmeters 3-72 3-52 Applications for Thermal Flowmeters 3-73 3-53 Applications for Turbine Flowmeters 3-75 3-54 Applications for Ultrasonic Flowmeters 3-78 3-55 Applications for Variable Area Flowmeters 3-81 3-56 Applications for Vortex Flowmeters 3-83 3-57 Applications for Other Flowmeters 3-85 3-58 Average Purchase Price in 2004 and Expected in 2008 3-86 3-59 What Will Account for the Expected Price Changes or Lack of Changes? (Bar Chart) 3-87 3-60 What Will Account for the Expected Price Changes or Lack of Changes? (Table) 3-88 3-61 How Important is Reliability in Your Selection of Flowmeters? 3-91 3-62 How Important Is Accuracy in Your Selection of Flowmeters? 3-92 3-63 How Important is Price in Your Selection of Flowmeters? 3-93 3-64 How Important is Repeatability in Your Selection of Flowmeters? 3-94 Figure Number 3-65 Other Features, Characteristics and Specifications Important in Flowmeter Selection 3-95 3-66 When Buying Flowmeters, How Open Is Your Firm to Switching Types? 3-96 3-67 Percent of Respondents Who Purchased Flowmeters with Digital or Analog Output Signals in 2004 3-97 3-68 Percent of Respondents Who Expect to Purchase Flowmeters with Digital or Analog Output Signals in 2008 3-98 3-69 Types of Communication Protocols Used by Flowmeters Purchased or Specified in 2004 3-99 3-70 Types of Communication Protocols Expected to Be Used by Flowmeters Purchased or Specified in 2008 3-100 3-71 Change in Percent of Respondents Who Purchased or Specified Flowmeters with Ethernet in 2004 and Who are Likely to Purchase or Specify Them in 2008 3-101 3-72 Change in Percent of Respondents Who Purchased or Specified Flowmeters with HART in 2004 and Who are Likely to Purchase or Specify Them in 2008 3-102 3-73 Change in Percent of Respondents Who Purchased or Specified Flowmeters with Foundation Fieldbus in 2004 and Who are Likely to Purchase or Specify Them in 2008 3-103 3-74 Change in Percent of Respondents Who Purchased or Specified Flowmeters with Profibus in 2004 and Who are Likely to Purchase or Specify Them in 2008 3-104 3-75 Reasons for the Changes in Expected Usage of Digital Signals from 2004 to 2008 (Bar Chart) 3-105 3-76 Reasons for the Changes in Expected Usage of Digital Signals from 2004 to 2008 (Table) 3-106 3-77 Industry Safety Certifications Required for Flowmeters Your Firm Purchases or Specifies 3-110 3-78 The Most Important Non-Product or Commercial Considerations in Your Selection of Flowmeter Vendors 3-111 3-79 When Considering Using, Specifying, or Purchasing Flowmeters, How Open Is Your Firm to Doing Business with a New/Different Supplier? 3-112 3-80 In What Ways Do You Most Often Become Aware of Flowmeters and Flowmeter Vendors? 3-113 3-81 In Which Trade Periodicals Do You Learn About Flowmeters and Vendors? 3-114