Flow Computer Market Scope
A flow computer is an electronics device that processes the analog or digital signals received from flow meters, temperature, pressure meters to which it is interfaced with. The oil & gas industry most widely makes use of the flow computer. High demand for automation & process control services has been driving the market for low computers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Schlumberger (United States), KROHNE (Germany), Emerson Electric (United States), ABB (Switzerland), OMNI (United States), Swinton Technology (United Kingdom), Dynamic Flow Computers (United States), TLV Co. Ltd. (Japan), Contrec Ltd (United Kingdom) and Exiflow Measurement (United Kingdom) |
CAGR | % |
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Flow Computer market throughout the predicted period.
Schlumberger (United States), KROHNE (Germany), Emerson Electric (United States), ABB (Switzerland), OMNI (United States), Swinton Technology (United Kingdom), Dynamic Flow Computers (United States), TLV Co. Ltd. (Japan), Contrec Ltd (United Kingdom) and Exiflow Measurement (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Sick Holding Gmbh (Germany), McCrometer Inc. (United States), Kurz Instruments (United States), Cosmic Technologies (India), Arman Fara Pajoohan (Iran), Badger Meter (United States) and Process Control Kft. (Hungary).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Flow Computer market by Type , by Application (Liquid & Gas Measurement, Steam & Heat Calculator, Fuel Monitoring and Others) and Region with country level break-up.
On the basis of geography, the market of Flow Computer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In September 2021,Schlumberger has expanded its digital drilling planning and operations portfolio through the acquisition of Independent Data Services (IDS), with the industry’s only automated reporting software. IDS enables exploration and production operators and drilling contractors to analyze and report their operational performance and provides the knowledge to enhance.
In October 2023,Solartron ISA, the leading flow supplier to the energy industry, has launched a new Dualstream Hazardous Area Flow Computer for remote well locations and unmanned platforms
Influencing Trend:
High growth demand of computers
Market Growth Drivers:
Increased Process Automation in Oil & Gas Industry Is the Major Driver
Challenges:
Highly Complex Components Involved
Restraints:
Regulations and Standards Defined By Authorities
Opportunities:
Expansion of Application Areas & Innovative Product Developments and Increased Industrialization Will Lead to a Rise In Automation & Precision Control Systems
Key Target Audience
Manufacturing, Providers, Suppliers and Others