Flow Computers Market Share, Global Industry Size, Demand, Trends and Competitive Outlook Forecast to 2026
According to IMARC Group’s latest report, titled “Flow Computers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the flow computers market share.
The global flow computers market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Flow computers refer to the devices that allow numerous organizations to calculate and record the flow rates of fluids. They function by interacting with electrical signals received from flow meters and pressure and temperature transmitters. They involve the utilization of an industry-standard algorithms to calculate the flow of gases and liquids for accounting and inspection.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Flow Computers Market Trends:
The global flow computers market is primarily driven by the increasing demand for automation across the oil and gas industry. Since the deployment of flow computers aids in monitoring and controlling numerous processes across the industry, this is providing an impetus to the market growth. Furthermore, the widespread integration of flow computers with the Internet of Things (IoT) and cloud computing is also acting as a major growth-inducing factor. Some of the other factors contributing to the market growth include the increasing investments by public and private agencies in the oil and gas sector and extensive research and development (R&D) activities conducted by key players to improve the accuracy of these devices.
Flow Computers Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the flow computers market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
ABB Ltd.
Contrec Ltd.
Dynamic Flow Computers Inc.
Emerson Electric Co
Flow Systems Inc.
Flowmetrics Inc.
Fluidwell B.V.
TechnipFMC plc
Kessler-Ellis Products Co.
KROHNE Messtechnik GmbH
Omni Flow Computers Inc.
Schlumberger Limited
Schneider Electric SE
Thermo Fisher Scientific Inc.
Yokogawa Corporation of America (Yokogawa Electric Corporation)
Key Market Segmentation:
The report has segmented the global flow computers market on the basis of component, product, end use industry and region.
Breakup by Component:
Hardware
Software
Services
Breakup by Product:
Wired Flow Computers
Wireless Flow Computers
Breakup by End Use Industry:
Oil and Gas
Water and Wastewater
Energy and Power Generation
Food and Beverage
Chemical
Pulp and Paper
Metal and Mining
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
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