Rapid increase in global refining capacity on account of growing energy demand is expected to remain a key driving factor for the global market. ILPV provides real-time monitoring that helps manufacturers monitor product quality and meet regulatory standards. The Global In-Line Process Viscometer (ILPV) Market is expected to reach USD 185.4 million by 2020, according to a new study by Grand View Research, Inc. Additionally, growth in food and beverage industry coupled with increasing healthcare expenditure in the emerging markets of India, China and Brazil is also expected to have a positive influence on market growth. Lack of ability to measure multidirectional flow along with ongoing price wars is expected to remain key challenges for market participants. Vibration emerged as the leading technology segment for ILPV and accounted for 22.3% of total market revenue in 2013. Vibration technology is best suited for continuous direct viscosity measurement in tanks and/or pipes and is...