Press release
Flow Computer Market Growth at a Healthy CAGR Despite COVID-19 Impact: Global Analysis by ReportsnReports, Market Insights, and Top Companies | Emerson Electric Co. (US), Honeywell International, Inc. (US), ABB (Switzerland), Thermo Fisher Scientific Inc.
๐ฅ ๐๐๐ญ ๐ ๐ซ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ฅ๐ฅ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐๐ฅ๐๐ฌ ๐๐ง๐ ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ญ ๐ฝ https://www.reportsnreports.com/contacts/requestsample.aspx?name=425544
๐ Here's the list of major companies in the field of flow control and process instrumentation:
๐ Emerson Electric Co. (US)
๐ Honeywell International, Inc. (US)
๐ ABB (Switzerland)
๐ Thermo Fisher Scientific Inc. (US)
๐ Schneider Electric (France)
๐ KrohneMesstechnik GmbH (Germany)
๐ Yokogawa Electric Corporation (Japan)
๐ TechnipFMC plc (US)
๐ OMNI Flow Computers, Inc. (US)
๐ Dynamic Flow Computers, Inc. (US)
๐ Contrec Limited (UK)
๐ Kessler-Ellis Products (KEP) Co, Inc. (US)
๐ Sensia (US)
๐ Prosoft Technology, Inc. (US)
๐ Flowmetric, Inc. (US)
๐ SpiraxSarco Limited (UK)
๐ SICK AG (Germany)
๐ Badger Meter, Inc. (US)
๐ Quorum Business Solution, Inc. (US)
๐ Endress+Hauser AG (Switzerland)
๐ PLUM Sp. Zo. O (Poland)
๐ Fluidwell BV (Netherlands)
๐ Oval Corporation (Japan)
๐ Seneca srl (Italy)
๐ Hoffer Flow Controls, Inc. (US)
"Hardware component is expected to register larger market share during the forecast period"
In the flow computer hardware market, the market size of the actual flow computer device is considered. The flow computer is a flow measurement device that calculates the correct flow of liquid and gas based on the signals from the flow meter, pressure transmitter, and temperature transmitters. These flow computers are of different types and are manufactured considering their functions in different applications, accuracy needs, and I/O connection needs. They are used in liquid & gas measurement, wellhead measurement and optimization, custody transfer and control, fuel monitoring, fiscal flow metering, flow meter proving, pipeline transmission and distribution, ship/rail/road loading, and many others
"Midstream & Downstream is expected to register larger market share during the forecast period"
Flow computers are used in many midstream and downstream functions such as metering, meter proving, ticketing, valve control, batching, product interfacing, and custody transfer. These flow computers are installed in midstream pipelines, distribution points, refineries, and billing points. As a result, the market size of flow computers in midstream and downstream operations is large compared to upstream operations.. Midstream enables processing, storing, and transportation of oil & gas. It is a process that falls between upstream and downstream operation whereas downstream is a process in which oil & gas is converted into finished products.
"Market in North America is expected to register larger market share during the forecast period"
In 2022, North America accounted highest market share of the flow computer market in oil & gas. The regional market here has been segmented into US, Canada and Mexico. US was the largest oil & gas-producing country in the world. Consequently, the installation of flow computers at production sites or wellheads is large in US. The midstream oil & gas pipeline length and installed oil and gas refining capacity are also large in US. Similarly, Canada has the third-largest oil reserve in the world, with a major petroleum production industry. It is the fifth-largest producer of natural gas and the sixth-largest producer of crude oil worldwide. Its expanding production enables the adoption of flow computers in oil and natural gas plants. Hence, Flow computers are installed in large quantities in the upstream, midstream, and downstream operations.
๐ ๐ ๐๐๐ฅ ๐๐ซ๐๐ ๐ญ๐จ ๐๐ฌ๐ค ๐ฒ๐จ๐ฎ๐ซ ๐ช๐ฎ๐๐ซ๐ข๐๐ฌ ๐๐ญ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=425544
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall flow computer market in oil & gas and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฏ๐๐ซ๐๐ ๐
This research report categorizes the flow computer market in oil & gas on the basis of components, operation, and region. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the flow computer market in oil & gas and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the flow computer ecosystem.
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