Flow Computer Market

Global Flow Computer Market Research Report: By Component (Hardware and Software), By Connectivity (Wired and Wireless), By Application (Oil & gas, Water & wastewater, Energy & power generation, Food & beverage, Chemical, Pulp & paper, Metal & mining, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World) Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis, Competitor Analysis and Forecast 2023-2031.

Energy & Power | September 2023 | Report ID: EMR00106 | Pages: 217

The Global Flow Computer Market was valued at USD 0.75 billion in 2022, and is predicted to reach approximately USD 1.22 billion by 2031, at a CAGR of 5.6% from 2023 to 2031. A flow computer is a specialized electronic device designed for the measurement, calculation, and regulation of liquid or gas flow in various industrial processes. It finds extensive usage in industries such as oil and gas, petrochemicals, water treatment, and manufacturing. Flow computers gather data from multiple sensors and instruments, including flow meters, pressure sensors, temperature probes, and density meters, to accurately determine parameters like flow rate, volume, and other relevant factors. They perform intricate calculations, such as linearization, compensating for temperature and pressure fluctuations, and converting flow rates. These devices often come equipped with communication capabilities to transmit data to supervisory control and data acquisition (SCADA) systems or other control systems.




Report Attribute


Estimated Market Value (2022)

0.75 Bn

Projected Market Value (2031)

1.22 Bn

Base Year


Forecast Years

2023 - 2031

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- By Component, By Connectivity, By Application, & Region

Segments Covered

By Component, By Connectivity, By Application, & Region

Forecast Units

Value (USD Billion or Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2023 to 2031

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.


Global Flow Computer Market Dynamics

The surge in demand for precise flow measurement and control across diverse industries, including oil and gas, chemical, and water management, is a significant driving force. Industries are increasingly prioritizing process optimization, operational efficiency, and regulatory compliance, creating a need for dependable flow measurement solutions. The rising adoption of automation and digitalization in industrial processes is further fueling the demand for advanced flow computing devices that seamlessly integrate with modern control systems and facilitate smooth data transmission. Additionally, the requirement for enhanced operational safety, improved product quality, and accurate billing and custody transfer solutions adds to the growth of the flow computer market. Furthermore, the expanding exploration and production activities in the oil and gas sector, coupled with increased investments in infrastructure development projects, are also contributing to the growing demand for flow computers.


Global Flow Computer Market Drivers

  • Increasing Demand for Accurate Flow Measurement and Control

Various industries, such as oil and gas, chemical, and water management, are experiencing a growing need for precise flow measurement and control. Industries are focused on optimizing processes, ensuring operational efficiency, and complying with regulatory requirements, which drives the demand for reliable flow measurement solutions.

  • Adoption of Automation and Digitalization



  • High Initial Investment

The initial investment required for implementing flow computing solutions can be substantial, especially for small and medium-sized enterprises. This cost can act as a restraint for organizations looking to adopt flow computers, particularly in budget-constrained environments.

  • Lack of Skilled Workforce



  • Advancements in Industrial IoT and Connectivity

The advancements in the Industrial Internet of Things (IoT) and connectivity technologies present opportunities for flow computer market expansion. Integration with IoT platforms and cloud-based systems can enhance the functionality and capabilities of flow computers, opening up new possibilities for data analysis and process optimization.

  • Market Expansion in Emerging Economies


Segment Overview

By Component Type

Based on the component type, the global flow computer market is segmented into hardware and software. The hardware segment is dominating the market with the largest revenue share of around 44.5% in 2022. Several factors contribute to this phenomenon. The bedrock of flow computing systems lies in their hardware components, encompassing flow meters, pressure sensors, temperature probes, and density meters. These tangible devices play a vital role in achieving precise and dependable flow measurement and control. Hardware solutions are renowned for their resilience, durability, and exceptional performance, making them well-suited for challenging industrial environments. Industries, including oil and gas, chemical, and water management, heavily depend on rugged and trustworthy hardware components to guarantee accurate flow measurement and sustained operation.


By Connectivity Type

Based on the connectivity type, the global flow computer market is segmented into wired and wireless. The wireless segment is dominating the market with the largest revenue share of around 72.6% in 2022. Wireless technologies provide a multitude of benefits in comparison to wired solutions, including flexibility, ease of installation, and cost-effectiveness. When using wireless flow computers, data can be transmitted instantly without the requirement of extensive cabling infrastructure. This enables simpler deployment and reduces installation costs, especially in remote or challenging-to-access locations. Wireless solutions offer enhanced mobility, allowing for effortless repositioning of flow meters or sensors without the limitations imposed by physical wiring. This flexibility is particularly advantageous in industries with dynamic or evolving process requirements. Furthermore, wireless technologies deliver improved scalability, facilitating the easier expansion or modification of flow measurement systems according to operational needs.


By Application

Based on application, the global flow computer market is segmented into oil & gas, water & wastewater, energy & power generation, food & beverage, chemical, pulp & paper, metal & mining, and others. The oil & gas segment is anticipated to grow at a higher CAGR of 6.5% during the forecast period. The worldwide demand for oil and gas is continuously increasing, resulting in heightened exploration, production, and transportation activities. To optimize processes, monitor production, and facilitate efficient custody transfer, accurate flow measurement and control are imperative for these operations. The growing complexity of oil and gas activities, encompassing offshore drilling, unconventional resources, and intricate pipeline networks, underscores the need for advanced flow computing solutions. These solutions enable precise measurement of flow rates, volumes, and parameters at different stages of the production and distribution process. Furthermore, stringent regulatory requirements and safety standards within the oil and gas industry act as additional drivers for the adoption of reliable flow computers.


Global Flow Computer Market Overview by Region

By Region, the global flow computer market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America held the largest share, of around 42.6%, of the global market in 2022. The region hosts prominent sectors including oil and gas, chemical, and water management, which extensively employ flow measurement and control systems. Additionally, the increasing investments in infrastructure development and the presence of major flow computer manufacturers further strengthen North America's dominance in the flow computer market. These industries have a demand for precise and dependable flow computing solutions to optimize their operations, ensure efficiency, and adhere to stringent regulations. North America is renowned for its advanced technological infrastructure and high-level industrial automation, which facilitates the adoption of sophisticated flow computer technologies. Furthermore, the region benefits from a skilled workforce and well-established research and development facilities, fostering innovation and the advancement of flow computing solutions.



Global Flow Computer Market Competitive Landscape

The global flow computer market is characterized by a limited number of prominent players who possess significant market dominance and have successfully established a strong regional presence. These key participants demonstrate a steadfast commitment to ongoing research and development initiatives. Moreover, they actively pursue strategic growth endeavors, such as product development, launches, collaborations, and partnerships. Through the implementation of these strategies, these companies aim to fortify their market position and expand their customer base, effectively capturing a considerable share of the market.

Some of the notable players in the global flow computer market are ABB Ltd., Cameron International, Emerson, Rockwell Automation, Yokogawa Electric Corporation, Honeywell International, Thermo Fischer Scientific, Dynamic Flow Computers, Kessler-Ellis Products, Schneider Electric, and various other key industry players.


Global Flow Computer Market Recent Developments

In June 2022, ABB and Wison Offshore & Marine Limited (WOM), a provider of clean energy technology and solutions, have formed a strategic alliance to collaboratively create and implement floating liquefied natural gas (FLNG) facilities on a global scale.


Scope of the Global Flow Computer Market Report

Flow Computer Market Report Segmentation



By Component

  • Hardware
  • Software


By Connectivity

  • Wired
  • Wireless


By Application

  • Oil & gas
  • Water & wastewater
  • Energy & power generation
  • Food & beverage
  • Chemical
  • Pulp & paper
  • Metal & mining
  • Others


By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request


  • Available upon request


Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:


  • Global Flow Computer Market Size and Forecast:

To identify and estimate the market size for the global flow computer market segmented by component, by connectivity, by application, region, and by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of flow computer between 2019 and 2031.


  • Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges for the global flow computer market


  • Market Influencing Factors:

To find out the factors which are affecting the sales of flow computer among consumers


  • Impact of COVID-19:

To identify and understand the various factors involved in the global flow computer market affected by the pandemic


  • Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.


Intended Audience

  • Flow Computer Manufacturers
  • Raw Material Suppliers
  • Retailers, Wholesalers, and Distributors
  • Governments, Associations, and Industrial Bodies
  • Investors and Trade Experts

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

The global flow computer market forecast period is 2023 - 2031
According to flow computer market research, the market is expected to grow at a CAGR of ~5.6% over the coming years.
Asia-Pacific is expected to register the highest CAGR during 2023 - 2031
North America held the largest share in 2022
The major companies operating in the global flow computer market include ABB Ltd., Cameron International, Emerson, Rockwell Automation, Yokogawa Electric Corporation, Honeywell International, Thermo Fischer Scientific, Dynamic Flow Computers, Kessler-Ellis Products, Schneider Electric, and others.

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