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Flow Computer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region

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    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 5943062
Description Jump to:
The publisher analysis of the flow computer market from 2024 to 2031 projects significant growth, with global sales anticipated to reach a valuation of US$ 1.5 Billion by the end of the forecast period. The market, driven by a pressing need for precise measurement and monitoring across various sectors, is poised for a 9.0% CAGR increase from 2023 onwards.

Industry Dynamics

Advancements in industrial processes, particularly in sectors such as oil and gas, chemicals, food and beverage, water and wastewater, and pharmaceuticals, are fueling the demand for flow computers. These sectors rely on accurate flow measurement and monitoring for operational efficiency and safety.

Key Market Trends

  • Growing adoption of Industrial Internet of Things (IIoT) services driving acceptance of flow computers for data analytics.
  • Advancements in sensor technology enabling accurate and reliable flow data.
  • Increasing demand for flow computers with built-in cybersecurity features.
  • Emergence of flow computer markets in emerging economies such as BRICS nations.
  • Focus on reducing carbon emissions propelling adoption of flow computers for measuring greenhouse gas emissions.
  • Rising demand for low-power and wireless flow computers for remote applications.

Factors Driving Revenue Growth

The surge in demand for accurate and reliable flow measurement, coupled with a focus on operational efficiency, is propelling sales of flow computers globally. These systems offer real-time monitoring capabilities, aiding industries in complying with stringent environmental regulations while optimizing processes and reducing wastage.

Factors Restraining Market Demand

Despite significant growth opportunities, challenges such as limited adoption in emerging economies and high maintenance costs hinder the widespread proliferation of flow computers. Additionally, the high initial investment and limitations of current technology pose obstacles to market expansion.

Country-wise Analysis

  • United States: Expected to witness consistent growth driven by environmental regulations.
  • United Kingdom: Growth fueled by the rise of IIoT for remote monitoring and data analytics.
  • China: Demand fueled by efforts to reduce carbon emissions and monitor greenhouse gases.
  • Japan: Significant demand from the oil and gas sector, driven by operational efficiency and regulatory compliance.

Category-wise Insights

  • Connectivity Type: Wired flow computers projected to witness significant growth, especially in the oil and gas sector.
  • Application: Oil and gas sector expected to remain highly lucrative, driven by the need for customized equipment and process optimization.

Competitive Landscape

Leading market players are focusing on innovation, product quality, and expanding their product lines to maintain and grow their market share in the highly competitive flow computer solutions market.

Some Key Companies are:

  • ABB
  • Schlumberger
  • Schneider Electric
  • Yokogawa
  • Honeywell International
  • Thermo Fischer Scientific
  • Dynamic Flow Computers
  • TechnipFMC
  • Kessler-Ellis Products
  • KROHNE Group
  • OMNI Flow Computers, Inc.

Flow Computer Market Segmentation

By Connectivity Type:

  • Wired Flow Computer
  • Wireless Flow Computer

By Application:

  • Transportation
  • Electric Power
  • Environmental Engineering
  • Oil and Gas

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
1.1. Global Flow Computer Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Flow Computer Market Outlook, 2018 - 2031
3.1. Global Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Wired Flow Computer
3.1.1.2. Wireless Flow Computer
3.2. Global Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Transportation
3.2.1.2. Electric Power
3.2.1.3. Environmental Engineering
3.2.1.4. Oil and Gas
3.3. Global Flow Computer Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. North America
3.3.1.2. Europe
3.3.1.3. Asia Pacific
3.3.1.4. Latin America
3.3.1.5. Middle East & Africa
4. North America Flow Computer Market Outlook, 2018 - 2031
4.1. North America Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Wired Flow Computer
4.1.1.2. Wireless Flow Computer
4.2. North America Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Transportation
4.2.1.2. Electric Power
4.2.1.3. Environmental Engineering
4.2.1.4. Oil and Gas
4.3. North America Flow Computer Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. U.S. Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
4.3.1.2. U.S. Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
4.3.1.3. Canada Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
4.3.1.4. Canada Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
4.3.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Flow Computer Market Outlook, 2018 - 2031
5.1. Europe Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Wired Flow Computer
5.1.1.2. Wireless Flow Computer
5.2. Europe Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Transportation
5.2.1.2. Electric Power
5.2.1.3. Environmental Engineering
5.2.1.4. Oil and Gas
5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Flow Computer Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Germany Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.2. Germany Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.3. U.K. Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.4. U.K. Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.5. France Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.6. France Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.7. Italy Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.8. Italy Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.9. Turkey Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.10. Turkey Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.11. Russia Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.12. Russia Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.1.13. Rest of Europe Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
5.3.1.14. Rest of Europe Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
5.3.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Flow Computer Market Outlook, 2018 - 2031
6.1. Asia Pacific Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Wired Flow Computer
6.1.1.2. Wireless Flow Computer
6.2. Asia Pacific Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Transportation
6.2.1.2. Electric Power
6.2.1.3. Environmental Engineering
6.2.1.4. Oil and Gas
6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Flow Computer Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. China Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.2. China Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.1.3. Japan Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.4. Japan Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.1.5. South Korea Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.6. South Korea Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.1.7. India Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.8. India Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.1.9. Southeast Asia Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.10. Southeast Asia Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.1.11. Rest of Asia Pacific Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
6.3.1.12. Rest of Asia Pacific Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Flow Computer Market Outlook, 2018 - 2031
7.1. Latin America Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Wired Flow Computer
7.1.1.2. Wireless Flow Computer
7.2. Latin America Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
7.2.1.1. Transportation
7.2.1.2. Electric Power
7.2.1.3. Environmental Engineering
7.2.1.4. Oil and Gas
7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Flow Computer Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Brazil Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
7.3.1.2. Brazil Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
7.3.1.3. Mexico Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
7.3.1.4. Mexico Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
7.3.1.5. Argentina Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
7.3.1.6. Argentina Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
7.3.1.7. Rest of Latin America Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
7.3.1.8. Rest of Latin America Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Flow Computer Market Outlook, 2018 - 2031
8.1. Middle East & Africa Flow Computer Market Outlook, by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Wired Flow Computer
8.1.1.2. Wireless Flow Computer
8.2. Middle East & Africa Flow Computer Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Transportation
8.2.1.2. Electric Power
8.2.1.3. Environmental Engineering
8.2.1.4. Oil and Gas
8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Flow Computer Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
8.3.1. Key Highlights
8.3.1.1. GCC Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.3.1.2. GCC Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
8.3.1.3. South Africa Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.3.1.4. South Africa Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
8.3.1.5. Egypt Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.3.1.6. Egypt Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
8.3.1.7. Nigeria Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.3.1.8. Nigeria Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
8.3.1.9. Rest of Middle East & Africa Flow Computer Market by Connectivity Type, Value (US$ Mn), 2018 - 2031
8.3.1.10. Rest of Middle East & Africa Flow Computer Market by Application, Value (US$ Mn), 2018 - 2031
8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
9.4.1. ABB
9.4.1.1. Company Overview
9.4.1.2. Connectivity Type Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
9.4.2. Schlumberger
9.4.2.1. Company Overview
9.4.2.2. Connectivity Type Portfolio
9.4.2.3. Financial Overview
9.4.2.4. Business Strategies and Development
9.4.3. Schneider Electric
9.4.3.1. Company Overview
9.4.3.2. Connectivity Type Portfolio
9.4.3.3. Financial Overview
9.4.3.4. Business Strategies and Development
9.4.4. Yokogawa
9.4.4.1. Company Overview
9.4.4.2. Connectivity Type Portfolio
9.4.4.3. Financial Overview
9.4.4.4. Business Strategies and Development
9.4.5. Honeywell International
9.4.5.1. Company Overview
9.4.5.2. Connectivity Type Portfolio
9.4.5.3. Financial Overview
9.4.5.4. Business Strategies and Development
9.4.6. Thermo Fischer Scientific
9.4.6.1. Company Overview
9.4.6.2. Connectivity Type Portfolio
9.4.6.3. Financial Overview
9.4.6.4. Business Strategies and Development
9.4.7. Dynamic Flow Computers
9.4.7.1. Company Overview
9.4.7.2. Connectivity Type Portfolio
9.4.7.3. Financial Overview
9.4.7.4. Business Strategies and Development
9.4.8. TechnipFMC
9.4.8.1. Company Overview
9.4.8.2. Connectivity Type Portfolio
9.4.8.3. Financial Overview
9.4.8.4. Business Strategies and Development
9.4.9. Kessler-Ellis Products
9.4.9.1. Company Overview
9.4.9.2. Connectivity Type Portfolio
9.4.9.3. Financial Overview
9.4.9.4. Business Strategies and Development
9.4.10. KROHNE Group
9.4.10.1. Company Overview
9.4.10.2. Connectivity Type Portfolio
9.4.10.3. Financial Overview
9.4.10.4. Business Strategies and Development
9.4.11. OMNI Flow Computers, Inc
9.4.11.1. Company Overview
9.4.11.2. Connectivity Type Portfolio
9.4.11.3. Financial Overview
9.4.11.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • ABB
  • Schlumberger
  • Schneider Electric
  • Yokogawa
  • Honeywell International
  • Thermo Fischer Scientific
  • Dynamic Flow Computers
  • TechnipFMC
  • Kessler-Ellis Products
  • KROHNE Group
  • OMNI Flow Computers, Inc.

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