Global Flow Computer Market

 
Global Flow Computer Market was valued at USD 993.27 Mn in 2019 and is expected to reach at USD 1,879.73 Mn by 2027 at a CAGR of 8.3 % over forecast period 2020-2027.

 

Global Flow Computer Market

To know about the Research Methodology :- Request Free Sample Report

The report covers an in depth analysis of COVID 19 pandemic impact on Global Flow Computer Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Flow Computer Market Dynamics

Flow computer measures and controls gas flow for up to two differential pressure or linear meter runs. With a rugged housing and multiple I/O, communications, and power options it provides accurate and reliable flow measurement in the harshest conditions. Various factors such as an Increased need for technologically advanced and reliable flow computing systems, improved data computational capacity, suitability in many functions of the fuel monitoring, growth in the flow computing software market, and increasing adoption of process automation in the oil and gas industry are driving the market growth over forecast period.

However factors such as declining oil & gas prices affect infrastructure-related investments and growth of the flow and intelligent measurement devices are restraining the market growth over forecast period.

Global Flow Computer Market is segmented by Component, Operations, Connectivity, and Applications and by Region. By component, Hardware segment dominated the market in 2019 and is expected to keep its dominance over forecast period. The hardware component consists of field-mounted devices and panel-mounted devices. These hardware devices are classified based on the type of mounting flow computer is using. Hardware segment is followed by software and services component with xx% and xx% of market share respectively. A software component is installed on the user’s devices such as laptop, tablet, mobile, or computer to communicate with the flow computers. Services segment consist of various services such as technical support, repair and maintenance, product training, parts replacement, and consulting services.

By connectivity, the wired flow computers dominating the global market with xx% of market share over forecast period owing to growing use of electronic computers and computing measurements in the process industry. However, wireless segment is expected to xx% of market share over forecast period as this type of flow computer offers improved protection during data integration as compared to conventional automation solution.

By geography, market is segmented into North America, APAC, Europe, MEA& Africa and Latin America. Among all of these North America held 39.87% of market share in 2019 and is expected to keep its dominance over forecast period owing to presence of large number of flow computers manufactures such as Emerson Electric Co, Yokogawa Corporation of America, Schlumberger Limited and Honeywell International Inc. North America is followed by APAC and Europe. APAC is expected to hold xx% of market share over forecast period. Countries in Asia Pacific such as China, Japan, India, Australia and South Korea are driving the market growth of this region owing to development of advanced products and increasing number of manufacturing facilities. Europe is expected to hold xx% of market share over forecast period. Electronic computers are widely adopted for water and wastewater management in European countries.

Report covers in depth analysis of key development and company profiles of market leaders, potential players and new entrants. Some of the key players covered in this report are Yokogawa Corporation of America; ABB; SICK AG; Emerson Electric Co; Schlumberger Limited; Schneider Electric; Thermo Fisher Scientific Inc.; FMC Technologies, Inc.; and Honeywell International, Inc. among others. These key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, strategic alliances, new product launches and patent etc. to increase their regional presence and business opeartions.

The objective of the report is to present a comprehensive analysis of the Global Flow Computer Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Flow Computer Market dynamics, structure by analyzing the market segments and project Global Flow Computer Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Flow Computer Market make the report investor’s guide.
Scope of Global Flow Computer Market: Inquire before buying

Global Flow Computer Market by Component

• Hardware
• Software
• Services
Global Flow Computer Market by Operations

• Single Stream Flow Computers
• Multi-Stream Flow Computers
Global Flow Computer Market by Connectivity

• Wired Flow Computers
• Wireless Flow Computers
Global Flow Computer Market by Equipment

• Pressure Gauges
• Temperature Probes
• Gas Composition Sensors
• Meter Prover
• Sampling System
• Density Measurement Equipment
• Others
Global Flow Computer Market by Application

• Fuel Monitoring
• Liquid & Gas Measurement
• Wellhead Measurement and Optimization
• Pipeline Transmission and Distribution
• Others
Global Flow Computer Market by Region

• North America
• Asia-Pacific
• Europe
• Middle East and Africa
• Latin America
Global Flow Computer Market Major Players

• 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)
• Flowmetrics, Inc.

Visit @:
This Report Is Submitted By : Maximize Market Research Company
About Us:
Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.