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Flow Computer Market worth $1,067 million in 2028 - Exclusive Report by MarketsandMarkets™CHICAGO, March 17, 2023 /PRNewswire/ -- The flow computer market in oil & gas is projected to grow from USD 798 million in 2023 to USD 1,067 million in 2028; it is expected to grow at a CAGR of 6.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed to the technological advancements in oil & gas industry and suitability in many functions of the oil & gas industry.  Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=204499128 Browse in-depth TOC on "Flow Computer Market" Hardware segment to account for largest market during the forecast period In the hardware component, the market for flow computer devices is considered. The flow computers are used in upstream, midstream, and downstream oil and gas operations. These flow computer devices perform significant tasks of accurate flow calculations and therefore are employed at multiple operation points. Upstream segment is expected to register highest CAGR in the forecast period A flow computer is used in upstream while metering the oil and gas coming out of the ground. Crude oil is produced either with the help of natural underground pressure or by injecting liquid or gas into the well to force the oil out. The steam is injected into the well, particularly where heavy crude is accommodated. Flow computers are required to measure and monitor the production and control the injection of fluids. The flow computer outputs of the injection process and production rate provide necessary information to the reservoir engineer of how effective the injection process is and also the condition of the well. This information allows the reservoir engineer to better understand and estimate, if further action is needed to increase or optimize production of the reservoir or the well. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=204499128 North America is expected to register larger market share in 2023 and is expected to grow at a significant rate from 2023 to 2028 North America dominated the flow computer market in oil & gas and is expected to hold the same position during the forecast period. The region is home of some of the key players of flow computer such as Emerson Electric Co. (US), Honeywell (US), Thermo Fisher Scientific (US), and OMNI Flow Computers (US) Furthermore, Canada has one of the biggest reserves of oil & gas, while market in the US contributes the highest to the flow computer market in oil & gas. As per the statistics of the Statistical Rview of World Energy 2022 report published by BP (UK), US was the largest oil & gas-producing country in the world. Key players operating in the flow computer market in oil & gas include Emerson Electric Co. (US), Honeywell International, Inc. (US), ABB (Switzerland), Thermo Fisher Scientific Inc. (US), Schneider Electric (France), Krohne Messtechnik GmbH (Germany), Yokogawa Electric Corporation (Japan), TechnipFMC plc (US), OMNI Flow Computers, Inc. (US), Dynamic Flow Computers, Inc. (US), Contrec Limited (UK), Kessler-Ellis Products (KEP) Co, Inc. (US), Sensia (US). Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=204499128 Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting Related Reports: Process Automation and Instrumentation Market by Instrument (Field Instruments, Process Analyzers), Solution (PLC, DCS, SCADA, HMI, Functional Safety, MES), Industry and Region (2022-2027) Flow Meter Market by Type (Differential Pressure, Positive Displacement, Magnetic (In-line, Insertion, Low Flow), Ultrasonic (Spool piece, Clamp-on, Insertion), Coriolis, Turbine, Vortex)), End-use Industry, and Region (2021 - 2026) Magnetic Flowmeter Market by Type (In-Line, Insertion, Low Flow), Component (Flow Tube, Sensing Electrodes), Application (Water & Wastewater, Food & Beverages, Chemicals, Pulp & Paper), and Geography - Global Trends & Forecasts from 2014 to 2020 Intelligent Flow Meter Market by Type (Magnetic, Coriolis, Ultrasonic, Vortex, Multiphase, Thermal, Turbine, Variable Area, & Differential Pressure), Offering, Communication Protocol, Industry, and Region - Global Forecast to 2025 Human Machine Interface Market by Product (Hardware (Basic HMI, Advanced PC Based HMI, Advanced Panel Based HMI) and Software (On Premise HMI and Cloud Based HMI), Configuration (Embedded HMI, Standalone HMI) and Region - Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
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