Panametrics

What Panametrics does

Panametrics is an industrial measurement and process analysis business founded in 1960 and headquartered in Billerica, Massachusetts, specializing in ultrasonic flow meters, flare gas management, and process analyzers for the oil & gas, petrochemical, and broader process industries. The core product portfolio is organized into three franchises: Flow Meters (covering custody transfer, allocation, leak detection, portable, and process flow measurement), Flare Management (flare flow meters, integrated flare solutions, and the flare.IQ digital platform for real-time emissions monitoring and reporting), and Process Analyzers (in-line and portable moisture analyzers and oxygen/gas analyzers). Underlying technology centers on ultrasonic and thermal-dispersion measurement physics for flow, combined with sensor-based gas and moisture analysis, with the flare.IQ platform adding a digital software layer for analytics and emissions reporting.

The business operates as a product brand rather than an independent commercial entity. It was part of Baker Hughes's Measurement, Testing & Controls segment for an extended period, and on January 1, 2026 was acquired by Crane Company (NYSE:CR) alongside Druck and Reuter-Stokes in a three-brand transaction valued at approximately $560 million. Revenue is not publicly disclosed. Products reach enterprise customers globally through direct enterprise sales forces tied to its parent, with marketing and brand presence hosted on Baker Hughes and Baker Hughes DS digital properties. Primary use cases include custody transfer and allocation measurement, flare gas flow monitoring for emissions compliance, moisture and gas analysis for process integrity, and leak detection in pipeline operations.

Pricing is not publicly disclosed; the offering model is consistent with engineered-to-order industrial instrumentation sold into a small number of large enterprise operators under project, capital expenditure, and service contract structures. Crane Company has described the acquisition as slightly accretive to 2026 EPS with stronger contributions expected in 2027 and beyond, framing the transaction as part of a broader strategic expansion in sensing and measurement technologies.

Name

Panametrics

Legal name

Panametrics

Website

https://bakerhughesds.com

Company type

Private

Founded year

1960

Operating status

Acquired

Headcount range

51–100 employees

Short description

Panametrics, founded in 1960 and based in Billerica, Massachusetts, is an industrial measurement brand specializing in ultrasonic flow meters, flare gas management, and process analyzers serving oil & gas, petrochemical, and process industry operators; acquired by Crane Company in January 2026.

Ownership category

akta.pro rank

Product category

Industrial Measurement Instrumentation

NAICS

Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Totalizing Fluid Meter and Counting Device Manufacturing (334514), Analytical Laboratory Instrument Manufacturing (334516)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Totalizing Fluid Meters & Counting Devices (3824), Laboratory Analytical Instruments (3826)

akta.pro primary industry

Process Analytical Instrumentation (Gas analyzers, spectroscopy, pH/ORP, conductivity) (IMAGAFAE)

akta.pro secondary industry

Leak Detection, Emissions & LDAR Testing (OGI, methane, fugitive emissions) (EUAEAHAL)

Keywords

• Industrial measurement instrumentation
• Ultrasonic flow meters
• Process gas analyzers
• Flare emissions monitoring
• Custody transfer measurement

Headquarters

HQ city

Billerica

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

Panametrics designs, manufactures, and supplies industrial measurement and control instrumentation, with core product lines covering ultrasonic flow meters (for custody transfer, allocation, leak detection, and process flow), flare management solutions (flare flow meters and the flare.IQ digital emissions platform), and process analyzers (moisture analyzers and oxygen & gas analyzers) for industrial liquids and gases. These offerings are sold primarily to oil & gas, petrochemical, and process industry customers for process optimization, emissions monitoring, and regulatory compliance applications.

Product overview

Panametrics is a product brand under Baker Hughes (now part of Crane Company following acquisition in January 2026) offering industrial measurement and analysis solutions. The portfolio consists of three core product lines: Flow Meters (covering custody transfer, portable, and process flow measurement), Flare Management (including flare flow meters, flare.IQ digital platform, and integrated flare solutions), and Process Analyzers (moisture analyzers, oxygen & gas analyzers, and portable moisture analyzers). These products serve the oil and gas, petrochemical, and process industries with measurement solutions for custody transfer, emissions monitoring, and process control applications.

Differentiator

Problem solved

Functional benefit

Brands

• Flare Management: Ultrasonic flow meters and emissions management solutions for superior flare gas flow measurement and control
• Flare Flow Meters
• Flare Solutions
• flare.IQ
• Flow Meters
• Process Analyzers
• Moisture Analyzers
• Oxygen & Gas Analyzers
• Portable Moisture Analyzers
• Custody Transfer, Allocation, Leak Detection
• Portable Flow Meters
• Process Flow Meters

Products and services

• Flow Meters Flow measurement solutions for process control and custody transfer applications, encompassing ultrasonic and thermal dispersion technologies for fixed and portable deployments in oil & gas and process industries.
• Flare Management Ultrasonic flow meters and emissions management solutions for flare gas flow measurement, monitoring, and control in industrial and energy operations, including the flare.IQ digital platform.
• Process Analyzers Process analyzer solutions ensuring the integrity of process liquids and gases, including moisture analyzers and oxygen & gas analyzers for in-line, at-line, and portable field deployments.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Honeywell Process Solutions: Honeywell delivers broader process automation and control solutions with embedded measurement instrumentation; it overlaps with Panametrics at the device level while competing primarily through integrated automation suites.
• AMETEK: AMETEK's Process & Analytical Instruments division supplies moisture, oxygen, and process gas analyzers into process industries, overlapping Panametrics' process analyzer portfolio as a larger, diversified industrial conglomerate.

Direct peers

• Siemens (Process Instrumentation): SITRANS and Siemens process analytics offer ultrasonic and Coriolis flow meters plus gas and moisture analyzers, addressing the same upstream and downstream oil & gas measurement use cases as Panametrics.
• KROHNE Group: KROHNE is a specialist in industrial process measurement, with strong positions in ultrasonic and Coriolis flow meters and process analyzers—directly comparable to Panametrics' flow measurement core.
• Endress+Hauser: Family-owned global leader in industrial process measurement instrumentation, including flow meters, moisture analyzers, and gas analyzers—directly competing with Panametrics in process flow and analytical instrumentation across oil & gas and process industries.
• ABB: ABB's Process Automation division supplies flow meters, pressure, temperature, and process analytical instruments into oil & gas and process industries, directly overlapping Panametrics' flow and analyzer portfolio.
• Yokogawa Electric: Yokogawa offers flow meters, process analyzers, and field instruments for oil & gas, petrochemical, and power customers, with a comparable emphasis on custody transfer accuracy and process analytical measurement.
• Emerson Electric (Rosemount): Through its Rosemount and Micro Motion lines, Emerson is one of the dominant suppliers of industrial flow, pressure, and analytical instrumentation to oil & gas, petrochemical, and process industries—competing head-to-head with Panametrics in custody transfer, process flow, and gas analysis.

Emerging players

• MKS Instruments: MKS supplies gas analysis, mass flow controllers, and process analytical instrumentation for semiconductor, industrial, and energy markets, with growing overlap in process gas and emissions monitoring adjacent to Panametrics.
• SICK AG: SICK produces gas flow meters, gas analyzers, and emissions monitoring instruments for industrial and environmental applications, with meaningful overlap with Panametrics' flare gas and process gas measurement use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Panametrics