exploration projects planned in European countries will significantly boost the demand for turbine flow meters .
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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