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The market for flow computers was estimated at USD 739.8 million in 2022, and from 2023 to 2030, it is anticipated to expand at a CAGR of 8.8%. Global need for technologically sophisticated computing systems has been pushing the industry. According to estimates, more businesses in sectors like oil and gas, water and wastewater, automotive, and food and beverage will adopt advanced flow computing technologies.
Additionally, the simultaneous release of technologically improved products such scanner models, single-stream flow computers, and multi-stream flow computers is anticipated to benefit the industry. Process automation is being increasingly used in the oil and gas, chemical, and water and wastewater industries as a result of falling technology, labour, and fuel costs.
By lowering measurement uncertainty, boosting metrology performance, and ensuring adherence to measurement contracts, flow computers are intended to increase the efficiency of measuring processes. Emerson's electronic computers, for instance, have the ability to preserve the integrity of measurement systems, fulfil cost targets, and improve operations, making measurement systems accurate and robust.
Growing demand for oil and gas operations automation can be linked to North America's surge in flow computer demand. Due to the presence of many manufacturers and suppliers, the region had the largest market share in 2017. The market is expanding as a result of the growing need for sophisticated and dependable computing. The market is divided into three categories based on component: services, software, and hardware. In 2017, the hardware industry held the biggest market share. Through 2025, it is most expected to keep dominating the market. Mounting adapters and other relevant equipment and accessories are considered hardware. Data files downloaded from a computer can be accessed with the aid of flow computer software, which enables users to see, print, and export configurable data to satisfy auditor requirements. It is employed to audit and validate generated data. During the anticipated period, the segment is anticipated to increase at the fastest rate.
Report Coverage
Global Flow Computers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flow Computers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flow Computers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flow Computers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flow Computers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flow Computers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Yokogawa Corporation of America; ABB; SICK AG; Emerson Electric Co; Schlumberger Limited; Schneider Electric; Thermo Fisher Scientific Inc.; FMC Technologies, Inc.; Honeywell International, Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Flow Computers market based on the below-mentioned segments:
Global Flow Computers Market, By Component
Hardware
Software
Services
Global Flow Computers market, By Product
Wired Flow Computers
Wireless Flow Computers
Global Flow Computers Market, By Application
Oil & Gas
Water & Wastewater
Energy & Power Generation
Food & Beverage
Chemical
Pulp & Paper and Metal & Mining
Others
Global Flow Computers market, Regional Analysis
Additionally, the simultaneous release of technologically improved products such scanner models, single-stream flow computers, and multi-stream flow computers is anticipated to benefit the industry. Process automation is being increasingly used in the oil and gas, chemical, and water and wastewater industries as a result of falling technology, labour, and fuel costs.
By lowering measurement uncertainty, boosting metrology performance, and ensuring adherence to measurement contracts, flow computers are intended to increase the efficiency of measuring processes. Emerson's electronic computers, for instance, have the ability to preserve the integrity of measurement systems, fulfil cost targets, and improve operations, making measurement systems accurate and robust.
Growing demand for oil and gas operations automation can be linked to North America's surge in flow computer demand. Due to the presence of many manufacturers and suppliers, the region had the largest market share in 2017. The market is expanding as a result of the growing need for sophisticated and dependable computing. The market is divided into three categories based on component: services, software, and hardware. In 2017, the hardware industry held the biggest market share. Through 2025, it is most expected to keep dominating the market. Mounting adapters and other relevant equipment and accessories are considered hardware. Data files downloaded from a computer can be accessed with the aid of flow computer software, which enables users to see, print, and export configurable data to satisfy auditor requirements. It is employed to audit and validate generated data. During the anticipated period, the segment is anticipated to increase at the fastest rate.
Report Coverage
Global Flow Computers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Flow Computers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Flow Computers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Flow Computers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Yokogawa Corporation of America; ABB; SICK AG; Emerson Electric Co; Schlumberger Limited; Schneider Electric; Thermo Fisher Scientific Inc.; FMC Technologies, Inc.; Honeywell International, Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Flow Computers Market from 2021 to 2030.
- Market Forecast for Flow Computers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Flow Computers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Flow Computers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Flow Computers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Flow Computers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Yokogawa Corporation of America; ABB; SICK AG; Emerson Electric Co; Schlumberger Limited; Schneider Electric; Thermo Fisher Scientific Inc.; FMC Technologies, Inc.; Honeywell International, Inc.
Primary Target Market
- Market Players of Flow Computers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Flow Computers market based on the below-mentioned segments:
Global Flow Computers Market, By Component
Hardware
Software
Services
Global Flow Computers market, By Product
Wired Flow Computers
Wireless Flow Computers
Global Flow Computers Market, By Application
Oil & Gas
Water & Wastewater
Energy & Power Generation
Food & Beverage
Chemical
Pulp & Paper and Metal & Mining
Others
Global Flow Computers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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