Main Content start here

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 723.76 Million

CAGR (2023-2028)

6.13%

Fastest Growing Segment

Hardware

Largest Market

North America


Market Overview

The global Flow Computer market is a dynamic and vital segment of the industrial automation landscape. Flow Computers are specialized devices designed to measure, monitor, and control the flow of fluids in various industrial processes, ensuring precision, efficiency, and compliance with regulatory standards. The market's growth is primarily driven by the increasing demand for accurate flow measurement and control across industries such as oil and gas, petrochemicals, water management, and manufacturing.

Key drivers propelling the Flow Computer market forward include the growing emphasis on process optimization, the need for reliable custody transfer measurements in the energy sector, and the integration of advanced technologies like IoT and AI into flow measurement systems. Furthermore, the expansion of process industries, coupled with the adoption of automation, is fueling the demand for Flow Computers to enhance operational efficiency.

Despite its growth prospects, the Flow Computer market faces challenges related to cybersecurity concerns, interoperability issues, and the complexity of flow measurement in multi-stream applications. Ensuring data accuracy and compliance with stringent regulatory requirements are ongoing challenges that drive the market's innovation.

The market is characterized by a competitive landscape with key players continually investing in research and development to enhance their product offerings. Additionally, the market benefits from a network of service providers offering calibration, maintenance, and training services.

Key Market Drivers

Increasing Automation in Industries:

The automation of industrial processes is a significant driver for the Flow Computer market. Industries such as oil and gas, petrochemicals, water management, and pharmaceuticals are increasingly adopting automation to enhance operational efficiency, reduce human intervention, and ensure consistent flow measurement and control. Flow Computers play a vital role in automated systems by accurately measuring and managing fluid flows, contributing to improved process control and optimization.

Growing Demand for Accurate Custody Transfer Measurement:

Custody transfer refers to the measurement and payment of fluids (e.g., oil, natural gas) as they pass from one party to another. Accurate measurement is essential for fair transactions, and Flow Computers are instrumental in ensuring precise custody transfer measurement. The global energy sector, including oil and gas, relies heavily on custody transfer applications, driving the demand for Flow Computers that can meet stringent accuracy and regulatory requirements.

Expansion of Process Industries:

The expansion of process industries, such as chemicals, refining, and manufacturing, is driving the demand for Flow Computers. These industries require precise flow measurement and control to optimize production processes and ensure product quality. As these industries expand to meet growing global demands, Flow Computers become indispensable for managing fluid flows, improving operational efficiency, and reducing wastage.

Emphasis on Energy Efficiency:

Energy efficiency has become a critical focus for industries worldwide. Flow Computers contribute to energy conservation by optimizing fluid flow rates, reducing energy consumption, and minimizing wastage. In sectors like HVAC (Heating, Ventilation, and Air Conditioning) and water management, Flow Computers are used to monitor and control energy-intensive processes, aligning with sustainability goals and regulatory requirements.

Integration of Advanced Technologies:

The integration of advanced technologies, such as Internet of Things (IoT) and artificial intelligence (AI), is driving innovation in the Flow Computer market. IoT-enabled Flow Computers can remotely monitor and analyze flow data, enabling predictive maintenance and real-time decision-making. AI algorithms enhance flow measurement accuracy by compensating for variations in fluid properties and conditions. These technologies are making Flow Computers more intelligent and adaptable to evolving industrial needs.

 

Download Free Sample Report

Key Market Challenges

Interoperability Issues and Standardization Challenges

One of the significant challenges in the Flow Computer market is the lack of universal standards for data communication and interoperability. Flow Computers often need to interface with various devices, sensors, and control systems from different manufacturers. The absence of standardized communication protocols can lead to compatibility issues and integration challenges. Industry organizations and regulatory bodies are working to address this challenge by promoting the adoption of common standards, but achieving full interoperability remains an ongoing challenge.

Cybersecurity Concerns

The increasing connectivity of Flow Computers to networks and the internet exposes them to cybersecurity threats. Flow measurement and control systems are critical components in industries such as oil and gas, water management, and manufacturing. Any breach in the security of these systems can have significant consequences, including data loss, operational disruptions, and even safety risks. Ensuring robust cybersecurity measures, such as encryption, intrusion detection, and access controls, is a pressing challenge for the industry to protect against cyberattacks.

Data Accuracy and Calibration

Flow measurement accuracy is paramount in industries where precise measurement is crucial, such as custody transfer applications in the oil and gas sector. Maintaining accurate flow measurement requires regular calibration of Flow Computers and associated instruments. However, calibration can be complex and time-consuming, involving multiple factors like temperature, pressure, and fluid properties. Achieving and maintaining high levels of accuracy poses a challenge, as any errors can result in financial losses and regulatory compliance issues.

Scalability and Flexibility

Many industries require scalable Flow Computer solutions to accommodate changes in flow measurement requirements over time. Scalability and flexibility are essential for businesses that expand, diversify, or adapt their operations. However, achieving scalability without compromising performance can be challenging. Flow Computer systems must be capable of handling larger data volumes, additional measurement points, and new features seamlessly while maintaining accuracy and reliability.

Regulatory Compliance

Flow measurement and control systems are subject to various industry-specific regulations and standards, particularly in sectors like pharmaceuticals, food and beverage, and energy. Compliance with these regulations is a critical challenge for Flow Computer manufacturers and end-users. Meeting regulatory requirements often involves extensive documentation, validation, and adherence to specific measurement standards. Failure to comply with these regulations can result in fines, legal consequences, and reputational damage.

Key Market Trends

Integration of IoT and Flow Computing

In the global Flow Computer market, a significant trend is the integration of Internet of Things (IoT) technology. Flow Computers are increasingly being equipped with IoT capabilities, allowing for real-time data monitoring and analysis. This integration enables remote monitoring of flow processes, predictive maintenance, and improved decision-making. IoT-enabled Flow Computers are becoming essential in industries like oil and gas, where data accuracy and efficiency are critical.

Rise of Edge Computing

Edge computing is gaining prominence in the Flow Computer market. Edge computing involves processing data closer to the data source, reducing latency and improving real-time decision-making. In flow measurement and control applications, especially in industries like manufacturing and energy, the adoption of edge computing is streamlining operations. Flow Computers with edge computing capabilities are able to process data faster and more efficiently, leading to improved overall system performance.

Enhanced Cybersecurity Measures

As industries become more reliant on digital technologies, the need for robust cybersecurity in Flow Computers is growing. Market trends include the implementation of advanced encryption methods, authentication protocols, and intrusion detection systems in Flow Computers. This focus on cybersecurity aims to protect critical flow data from potential cyber threats and ensure the integrity and reliability of flow measurement systems.

Demand for Modular and Scalable Solutions

Industries are increasingly seeking modular and scalable Flow Computer solutions. These systems allow for flexibility in adapting to changing operational needs. Modular Flow Computers enable the addition or removal of components or features as required, reducing costs and simplifying upgrades. Scalable solutions ensure that Flow Computers can accommodate growing data volumes and evolving measurement requirements.

Growing Adoption of Wireless Connectivity

The adoption of wireless connectivity, including Wi-Fi, Bluetooth, and cellular networks, is on the rise in the Flow Computer market. Wireless communication allows for seamless data transmission and remote access to Flow Computers. This trend is particularly significant in industries with remote or distributed flow measurement points, such as agriculture and water management. Wireless connectivity enhances data accessibility and simplifies maintenance and diagnostics.

Segmental Insights

Type Insights

Single stream flow computers powered segment dominates in the global flow computer market in 2022. Single Stream Flow Computers are designed to monitor and control the flow of a single fluid stream or process. They are ideal for applications where a single fluid is being measured or controlled without the need to account for multiple streams or inputs. Single Stream Flow Computers are known for their simplicity and cost-effectiveness, making them suitable for industries with straightforward flow measurement needs.

In upstream oil and gas production, Single Stream Flow Computers are commonly used to measure the flow of hydrocarbons from individual wells. They are essential for monitoring production rates and ensuring accurate reporting for royalty calculations and regulatory compliance.

Single Stream Flow Computers are employed in water treatment facilities, where the focus is primarily on the measurement and control of water flow rates for treatment and distribution.

In manufacturing processes that involve the use of a single fluid, such as chemical production or food and beverage manufacturing, Single Stream Flow Computers are preferred for their simplicity and efficiency.

Component Insights

Hardware segment dominates in the global flow computer market in 2022. Hardware components are the tangible, physical elements of Flow Computers. They include the central processing unit (CPU), input/output (I/O) modules, display screens, data storage devices, communication interfaces, and other physical components that make up the Flow Computer system. Hardware is the backbone of Flow Computers, serving as the platform on which flow measurement and control tasks are executed.

Hardware is a foundational component of Flow Computers, forming the core infrastructure that enables the measurement and control of fluid flows. Hardware components are essential in ensuring the accuracy, reliability, and durability of Flow Computers. Their dominance in the market is significant due to the following reasons:

Precision and Reliability: High-quality hardware components are crucial for achieving precise flow measurement and control. Flow computations require robust processing capabilities, stable I/O modules, and accurate sensors to deliver trustworthy results.

Compatibility and Integration: Hardware components are designed to integrate seamlessly with various sensors, transmitters, and communication protocols, ensuring compatibility with a wide range of industrial applications.

Longevity and Durability: Industrial environments often subject Flow Computers to harsh conditions. Robust hardware components are engineered to withstand these conditions, ensuring the longevity and durability of Flow Computer systems.

 

Download Free Sample Report

Regional Insights

North America dominates the global flow computer market in 2022. North America boasts a diverse and robust industrial landscape, encompassing sectors such as oil and gas, petrochemicals, pharmaceuticals, manufacturing, and water management. These industries heavily rely on accurate flow measurement and control for their operations, creating a substantial demand for Flow Computers.

The oil and gas industry, particularly in the United States and Canada, is one of the largest consumers of Flow Computers. The shale gas revolution in North America has led to an increased need for precise measurement in exploration, production, and distribution activities. Custody transfer applications in the energy sector, which require highly accurate flow measurement, have further driven the demand for Flow Computers.

North America has been at the forefront of adopting advanced technologies, including IoT, AI, and automation. These technologies have been integrated into Flow Computers, enhancing their capabilities for remote monitoring, predictive maintenance, and real-time data analysis. This innovation aligns with the region's focus on operational efficiency and competitiveness.

The stringent regulatory environment in North America, particularly in industries like pharmaceuticals and environmental monitoring, necessitates accurate flow measurement and reporting. Flow Computers play a crucial role in ensuring compliance with industry-specific regulations and standards, which has further driven their adoption.

Recent Developments

  • In November 2019, Emerson launched its new service which would enable remote performance monitoring of multiphase flowmeters in unconventional shale. The IIoT-enabled connected service will help oil and gas producers to optimize wellhead production, reduce cost and increase safety in operation. The Roxar 2600 Multiphase Flow Meter Performance Monitoring service will also provide operators recommendations to optimize meter performance and enable proactive maintenance, based on data collected from an onsite multiphase flow meter and analyzed remotely by Emerson’s experts.
  • In February 2019, Prosoft Technology announced the launch of its CompactLogix module for Rockwell Automation. The solution offered by the company can help companies opt for their traditional set-up of multiple standalone flow computers and remote terminal units (RTUs), which will decrease their capital and simplify their site. It can be especially helpful for lease automatic custody transfer (LACT) applications, ensuring accurate product delivery.

Key Market Players

  • Emerson Electric Co.
  • Honeywell International Inc.
  • ABB
  • Schlumberger Limited
  • Thermo Fisher Scientific Inc.
  • Schneider Electric
  • Yokogawa Electric Corporation
  • TechnipFMC plc
  • OMNI Flow Computers, Inc.
  • Dynamic Flow Computers, Inc.

By Type

By Component

By Connectivity

By Application

By Region

  • Single Stream Flow Computers
  • Multi-Stream Flow Computers
  • Hardware
  • Software
  • Services
  • Wired Flow Computers
  • Wireless Flow Computers
  • Fuel Monitoring
  • Liquid & Gas Measurement
  • Wellhead Measurement & Optimization
  • Pipeline Transmission & Distribution
  • Others
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

Report Scope:

In this report, the Global Flow Computer Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Flow Computer Market, By Type:

o   Single Stream Flow Computers

o   Multi-Stream Flow Computers

  • Flow Computer Market, By Component:

o   Hardware

o   Software

o   Services

  • Flow Computer Market, By Connectivity:

o   Wired Flow Computers

o   Wireless Flow Computers

  • Flow Computer Market, By Application:

o   Fuel Monitoring

o   Liquid & Gas Measurement

o   Wellhead Measurement & Optimization

o   Pipeline Transmission & Distribution

o   Others

  • Flow Computer Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  France

§  United Kingdom

§  Italy

§  Spain

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   Middle East & Africa

§  Saudi Arabia

§  UAE

§  South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Flow Computer Market.

Available Customizations:

Global Flow Computer Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Flow Computer Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Key Industry Partners

2.3.  Major Association and Secondary Sources

2.4.  Forecasting Methodology

2.5.  Data Triangulation & Validation

2.6.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Global Flow Computer Market

5.    Voice of Customer

6.    Global Flow Computer Market Overview

7.    Global Flow Computer Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type (Single Stream Flow Computers, Multi-Stream Flow Computers)

7.2.2.    By Component (Hardware, Software, Services)

7.2.3.    By Connectivity (Wired Flow Computers, Wireless Flow Computers)

7.2.4.    By Application (Fuel Monitoring, Liquid & Gas Measurement, Wellhead Measurement & Optimization, Pipeline Transmission & Distribution, Others)

7.2.5.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.  By Company (2022)

7.4.  Market Map

8.    North America Flow Computer Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Component

8.2.3.    By Connectivity

8.2.4.    By Application

8.2.5.    By Country

8.2.5.1.        United States Flow Computer Market Outlook

8.2.5.1.1.            Market Size & Forecast

8.2.5.1.1.1.                By Value

8.2.5.1.2.            Market Share & Forecast

8.2.5.1.2.1.                By Type

8.2.5.1.2.2.                By Component

8.2.5.1.2.3.                By Connectivity

8.2.5.1.2.4.                By Application

8.2.5.2.        Canada Flow Computer Market Outlook

8.2.5.2.1.            Market Size & Forecast

8.2.5.2.1.1.                By Value

8.2.5.2.2.            Market Share & Forecast

8.2.5.2.2.1.                By Type

8.2.5.2.2.2.                By Component

8.2.5.2.2.3.                By Connectivity

8.2.5.2.2.4.                By Application

8.2.5.3.        Mexico Flow Computer Market Outlook

8.2.5.3.1.            Market Size & Forecast

8.2.5.3.1.1.                By Value

8.2.5.3.2.            Market Share & Forecast

8.2.5.3.2.1.                By Type

8.2.5.3.2.2.                By Component

8.2.5.3.2.3.                By Connectivity

8.2.5.3.2.4.                By Application

9.    Europe Flow Computer Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Component

9.2.3.    By Connectivity

9.2.4.    By Application

9.2.5.    By Country

9.2.5.1.        Germany Flow Computer Market Outlook

9.2.5.1.1.            Market Size & Forecast

9.2.5.1.1.1.                By Value

9.2.5.1.2.            Market Share & Forecast

9.2.5.1.2.1.                By Type

9.2.5.1.2.2.                By Component

9.2.5.1.2.3.                By Connectivity

9.2.5.1.2.4.                By Application

9.2.5.2.        France Flow Computer Market Outlook

9.2.5.2.1.            Market Size & Forecast

9.2.5.2.1.1.                By Value

9.2.5.2.2.            Market Share & Forecast

9.2.5.2.2.1.                By Type

9.2.5.2.2.2.                By Component

9.2.5.2.2.3.                By Connectivity

9.2.5.2.2.4.                By Application

9.2.5.3.        United Kingdom Flow Computer Market Outlook

9.2.5.3.1.            Market Size & Forecast

9.2.5.3.1.1.                By Value

9.2.5.3.2.            Market Share & Forecast

9.2.5.3.2.1.                By Type

9.2.5.3.2.2.                By Component

9.2.5.3.2.3.                By Connectivity

9.2.5.3.2.4.                By Application

9.2.5.4.        Italy Flow Computer Market Outlook

9.2.5.4.1.            Market Size & Forecast

9.2.5.4.1.1.                By Value

9.2.5.4.2.            Market Share & Forecast

9.2.5.4.2.1.                By Type

9.2.5.4.2.2.                By Component

9.2.5.4.2.3.                By Connectivity

9.2.5.4.2.4.                By Application

9.2.5.5.        Spain Flow Computer Market Outlook

9.2.5.5.1.            Market Size & Forecast

9.2.5.5.1.1.                By Value

9.2.5.5.2.            Market Share & Forecast

9.2.5.5.2.1.                By Type

9.2.5.5.2.2.                By Component

9.2.5.5.2.3.                By Connectivity

9.2.5.5.2.4.                By Application

10.  South America Flow Computer Market Outlook

10.1.   Market Size & Forecast

10.1.1. By Value

10.2.   Market Share & Forecast

10.2.1. By Type

10.2.2. By Component

10.2.3. By Connectivity

10.2.4. By Application

10.2.5. By Country

10.2.5.1.     Brazil Flow Computer Market Outlook

10.2.5.1.1.         Market Size & Forecast

10.2.5.1.1.1.             By Value

10.2.5.1.2.         Market Share & Forecast

10.2.5.1.2.1.             By Type

10.2.5.1.2.2.             By Component

10.2.5.1.2.3.             By Connectivity

10.2.5.1.2.4.             By Application

10.2.5.2.     Colombia Flow Computer Market Outlook

10.2.5.2.1.         Market Size & Forecast

10.2.5.2.1.1.             By Value

10.2.5.2.2.         Market Share & Forecast

10.2.5.2.2.1.             By Type

10.2.5.2.2.2.             By Component

10.2.5.2.2.3.             By Connectivity

10.2.5.2.2.4.             By Application

10.2.5.3.     Argentina Flow Computer Market Outlook

10.2.5.3.1.         Market Size & Forecast

10.2.5.3.1.1.             By Value

10.2.5.3.2.         Market Share & Forecast

10.2.5.3.2.1.             By Type

10.2.5.3.2.2.             By Component

10.2.5.3.2.3.             By Connectivity

10.2.5.3.2.4.             By Application

11.  Middle East & Africa Flow Computer Market Outlook

11.1.   Market Size & Forecast

11.1.1. By Value

11.2.   Market Share & Forecast

11.2.1. By Type

11.2.2. By Component

11.2.3. By Connectivity

11.2.4. By Application

11.2.5. By Country

11.2.5.1.     Saudi Arabia Flow Computer Market Outlook

11.2.5.1.1.         Market Size & Forecast

11.2.5.1.1.1.             By Value

11.2.5.1.2.         Market Share & Forecast

11.2.5.1.2.1.             By Type

11.2.5.1.2.2.             By Component

11.2.5.1.2.3.             By Connectivity

11.2.5.1.2.4.             By Application

11.2.5.2.     UAE Flow Computer Market Outlook

11.2.5.2.1.         Market Size & Forecast

11.2.5.2.1.1.             By Value

11.2.5.2.2.         Market Share & Forecast

11.2.5.2.2.1.             By Type

11.2.5.2.2.2.             By Component

11.2.5.2.2.3.             By Connectivity

11.2.5.2.2.4.             By Application

11.2.5.3.     South Africa Flow Computer Market Outlook

11.2.5.3.1.         Market Size & Forecast

11.2.5.3.1.1.             By Value

11.2.5.3.2.         Market Share & Forecast

11.2.5.3.2.1.             By Type

11.2.5.3.2.2.             By Component

11.2.5.3.2.3.             By Connectivity

11.2.5.3.2.4.             By Application

12.  Asia Pacific Flow Computer Market Outlook

12.1.   Market Size & Forecast

12.1.1. By Value

12.2.   Market Size & Forecast

12.2.1. By Type

12.2.2. By Component

12.2.3. By Connectivity

12.2.4. By Application

12.2.5. By Country

12.2.5.1.     China Flow Computer Market Outlook

12.2.5.1.1.         Market Size & Forecast

12.2.5.1.1.1.             By Value

12.2.5.1.2.         Market Share & Forecast

12.2.5.1.2.1.             By Type

12.2.5.1.2.2.             By Component

12.2.5.1.2.3.             By Connectivity

12.2.5.1.2.4.             By Application

12.2.5.2.     India Flow Computer Market Outlook

12.2.5.2.1.         Market Size & Forecast

12.2.5.2.1.1.             By Value

12.2.5.2.2.         Market Share & Forecast

12.2.5.2.2.1.             By Type

12.2.5.2.2.2.             By Component

12.2.5.2.2.3.             By Connectivity

12.2.5.2.2.4.             By Application

12.2.5.3.     Japan Flow Computer Market Outlook

12.2.5.3.1.         Market Size & Forecast

12.2.5.3.1.1.             By Value

12.2.5.3.2.         Market Share & Forecast

12.2.5.3.2.1.             By Type

12.2.5.3.2.2.             By Component

12.2.5.3.2.3.             By Connectivity

12.2.5.3.2.4.             By Application

12.2.5.4.     South Korea Flow Computer Market Outlook

12.2.5.4.1.         Market Size & Forecast

12.2.5.4.1.1.             By Value

12.2.5.4.2.         Market Share & Forecast

12.2.5.4.2.1.             By Type

12.2.5.4.2.2.             By Component

12.2.5.4.2.3.             By Connectivity

12.2.5.4.2.4.             By Application

12.2.5.5.     Australia Flow Computer Market Outlook

12.2.5.5.1.         Market Size & Forecast

12.2.5.5.1.1.             By Value

12.2.5.5.2.         Market Share & Forecast

12.2.5.5.2.1.             By Type

12.2.5.5.2.2.             By Component

12.2.5.5.2.3.             By Connectivity

12.2.5.5.2.4.             By Application

13.  Market Dynamics

13.1.   Drivers

13.2.   Challenges

14.  Market Trends and Developments

15.  Company Profiles

15.1.   Emerson Electric Co.

15.1.1. Business Overview

15.1.2. Key Revenue and Financials  

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. Key Product/Services Offered

15.2.   Honeywell International Inc.

15.2.1. Business Overview

15.2.2. Key Revenue and Financials  

15.2.3. Recent Developments

15.2.4. Key Personnel

15.2.5. Key Product/Services Offered

15.3.   ABB

15.3.1. Business Overview

15.3.2. Key Revenue and Financials  

15.3.3. Recent Developments

15.3.4. Key Personnel

15.3.5. Key Product/Services Offered

15.4.   Schlumberger Limited

15.4.1. Business Overview

15.4.2. Key Revenue and Financials  

15.4.3. Recent Developments

15.4.4. Key Personnel

15.4.5. Key Product/Services Offered

15.5.   Thermo Fisher Scientific Inc.

15.5.1. Business Overview

15.5.2. Key Revenue and Financials  

15.5.3. Recent Developments

15.5.4. Key Personnel

15.5.5. Key Product/Services Offered

15.6.   Schneider Electric

15.6.1. Business Overview

15.6.2. Key Revenue and Financials  

15.6.3. Recent Developments

15.6.4. Key Personnel

15.6.5. Key Product/Services Offered

15.7.   Yokogawa Electric Corporation

15.7.1. Business Overview

15.7.2. Key Revenue and Financials  

15.7.3. Recent Developments

15.7.4. Key Personnel

15.7.5. Key Product/Services Offered

15.8.   TechnipFMC plc

15.8.1. Business Overview

15.8.2. Key Revenue and Financials  

15.8.3. Recent Developments

15.8.4. Key Personnel

15.8.5. Key Product/Services Offered

15.9.   OMNI Flow Computers, Inc.

15.9.1. Business Overview

15.9.2. Key Revenue and Financials  

15.9.3. Recent Developments

15.9.4. Key Personnel

15.9.5. Key Product/Services Offered

15.10. Dynamic Flow Computers, Inc.

15.10.1.               Business Overview

15.10.2.               Key Revenue and Financials  

15.10.3.               Recent Developments

15.10.4.               Key Personnel

15.10.5.               Key Product/Services Offered

16.  Strategic Recommendations

About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

The market size of the global flow computer market was estimated to be USD 723.76 Million in 2022.

down-arrow

Hardware is the dominant segment in the global flow computer market in 2022 by component.

down-arrow

The challenges in the global flow computer market include interoperability issues and standardization challenges, cybersecurity concerns, data accuracy and calibration, scalability and flexibility, etc.

down-arrow

The major drivers for the global flow computer market include increasing automation in industries, growing demand for accurate custody transfer measurement, expansion of process industries, emphasis on energy efficiency, etc.

profile

Parvati Sharma

Account Manager BD
Press Release

Flow Computer Market Expands with Hardware Segment at a robust CAGR

Oct, 2023

The increasing global flow computer market is driven by increasing automation in industries, growing demand for accurate custody transfer measurement during the forecast period 2024-2028.