Global Flow Computer Market 2017-2021
About Flow Computer
Flow computers are measurement equipment used in proving custody transfer, flow monitoring, fiscal flow measurement, and other billings and controls. They collect signals from temperature transmitters, pressure transmitters, flow meters, and other devices, following which the information is assimilated and converted to volume and mass-base.
Technavio’s analysts forecast the global flow computer market to grow at a CAGR of 5.84% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global flow computer market for 2017-2021. To calculate the market size, the report considers new installations, value, retrofit, replacement, aftermarket services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Flow Computer Market 2017-2021
Technavio recognizes the following companies as the key players in the global flow computer market: ABB, Cameron International, Emerson, Schneider Electric, and Yokogawa.
Other Prominent Vendors in the market are: Contrec, Dynamic Flow Computers, FMC Technologies, Honeywell International, Kessler-Ellis Products, KROHNE, OMNI Flow Computers, and Thermo Fischer Scientific.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advanced integration with cloud. Industrial Internet of Things has changed the connectivity platform, resulting in down trend of connected devices. The capability of connecting real-time data from multiple devices to the end-user through the Internet is an upcoming trend.”
According to the report, one driver in the market is advanced and reliable flow computing. Accurate and reliable data is the key to implement effective measures at the right time. Flow computers record the electrical signals from transmitters and flow meters, and convert them into useful volume or mass-based information that is used in custody transfer and flow measurement. Flow computing is important as it is the basis of fiscal transfers between vendors and customers.
Further, the report states that one challenge in the market is advanced computing devices. Flow computers are used for volume, mass, and density based flow measurement according to real-time signals received by temperature transmitters, pressure transmitters, and flow meters. With the help of these measurements, cumulative energy is calculated and used for custody transfer, proving, metering, and fiscal transfer.
ABB, Cameron International, Emerson, Schneider Electric, Yokogawa, Contrec, Dynamic Flow Computers, FMC Technologies, Honeywell International, Kessler-Ellis Products, KROHNE, OMNI Flow Computers, and Thermo Fischer Scientific.
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