info@marketresearchfuture.com   ๐Ÿ“ž  +1 (855) 661-4441(US)   ๐Ÿ“ž  +44 1720 412 167(UK)

Flow Computer Market is Estimated to Register a CAGR of 15.5% over the Forecast Period

Market Research Future Published a Cooked Research Report on the Global Flow Computer Market.


Market Highlights


The global flow computer market is spanned across North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. North America is expected to account for the largest share in the flow computer market, with a significant growth rate during the forecast period. For the purpose of analysis, North America has been categorized into three regionsโ€”the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading region in terms of market share, growing at a CAGR of 7.80%, followed by Canada with 6.72% and Mexico with 5.86%. The US accounted for the largest market share in the region due to the presence of advanced technology; furthermore, the country is the largest producer and consumer of oil & gas resources. The key players in the oil production in Canada are Suncor, Canadian Natural Resources Limited, Imperial Oil, Husky, and Cenovus, which use flow computers to enhance their measurement operations and performance of the system by reducing measurement uncertainty during the process. Thus, flow computers make measurement systems more precise and accurate. Trillium Measurement and Control and Flowmetrics Inc., among others, are some of the companies operating in Canada and offering flow computers systems and equipment.


On the other hand, the Middle East & Africa is expected to foresee the fastest growth in the flow computer market since this region is the largest producers of oil & gas in the world. The UAE, Qatar, Kuwait, and Iran are some of the important oil-producing countries globally. Moreover, the technological advancements and high adoption of new technology are the key factors driving the flow computer market in the region, as these systems allow the operator to monitor the systems


Europe accounts for the second-largest market share in the global flow computer market. Europe has various industries, including chemicals, petrochemical, and oil & gas, which use flow computer systems. The rising awareness for wastewater treatment is another factor driving the growth of the flow computer market. Countries such as the UK has various industries which use both oil and gas for production; for instance, milk-processing, breweries, alcohol, and beverages, among others. These industries use flow computers during the process for calculating the flow, volume, and temperature of fluids and gases. There are various companies in Germany such as KROHNE Messtechnik GmbH, Bopp & Reuther Messtechnik GmbH, STILL GmbH, and Bopp & Reuther Messtechnik GmbH who manufactures and sells flow computers in the country and European region also contributes to the growth of the market.


The Global Flow Computer Market is expected to reach USD 4.765 billion at a CAGR of over 15.5% by the end of the forecast period 2022โ€“2032.


Prominent Players


Some of the Prominent Players in the global flow computer market are ABB Ltd, Honeywell International Inc, Schneider Electric SE, Yokogawa Electric Corporation, Emersion Electric Co, Rockwell Automation (Allen-Bradley), ProSoft Technology Inc. (Belden Inc.), KROHNE Messtechnik GmbH (KROHNE Group), OMNI Flow Computers, Inc, Schlumberger Limited, Thermo Fisher Scientific Inc, Contrec Ltd, Dynamic Flow Computers, Inc, Flow Systems, Inc, Kessler-Ellis Products, Co, TechnipFMC PLC (FMC Technologies Measurement), and Flowmetrics, Inc.


Global Flow Computer Market Segmentation


The global flow computer market has been segmented on the basis of component, operations, connectivity, equipment, applications, and region. The market, by component, has been segmented into hardware, software, and services. By operations, the global flow computer market has been segmented into single-stream flow computers and multi-stream flow computers. By connectivity, the global flow computer market has been segmented into wired flow computers and wireless flow computers. By equipment, the market has been segmented into pressure gauges, temperature probes, gas composition sensors, meter prover, sampling system, density measurement equipment, and others. By applications, the market has been segmented into fuel monitoring, liquid & gas measurement, wellhead measurement and optimization, pipeline transmission and distribution, and others.


ย 

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 226
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.