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Global Flow Computer Oil Gas Market Size study, by Component(Hardware, Software, Support Service), by Operation (Upstream, Midstream & Downstream), and Regional Forecasts 2021-2027

  • BIZ4599776
  • 200 Pages
  • July 2021
  • Energy and Power
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Global Flow Computer Oil Gas Market is valued at approximately USD 1.04 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.5 % over the forecast period 2021-2027. The overall role of a flow computer is to calculate and record the flow rate as natural gas and other hydrocarbons pass through a segmented part of the pipeline using industry-standard algorithms. Orifice meters, ultrasonic meters, linear meters, and Coriolis meters are examples of these meters. A differential pressure transmitter, static pressure transducer, and temperature probe are all required in a typical orifice measuring application. The government's assistance is also spurring growth in flow measurement devices in the oil and gas industry, which is a major driver of the flow computer market. For example, the direct final regulation of the Bureau of Safety and Environmental Enforcement (BSEE) went into effect at the end of February 2021. According to the US Department of Transportation, more than 2.6 million miles of pipeline transport millions of cubic feet of natural gas and hundreds of billions of tonnes of petroleum each year. With such a large network of pipelines, flow metering systems such as ultrasonic, orifice, and other flow meters are in high demand. Some of the recent developments of the market are as follows:-

 In February 2021, Quorum announced the acquisition of TietoEVRY's complete oil and gas software company as well as a merger with Aucerna, a provider of integrated planning, execution, and reserves software for the energy industry. This agreement will establish Quorum as a global leader in energy software across the upstream, midstream, and downstream sectors of the energy value chain, according to Quorum.

 In February 2020, Bedrock Automation has launched full integration of its flow computer functionality into the OSA platform(existing). The new OSA + Flow family combines industry-leading Flow-Cal measurement applications with the Bedrock Automation platform's outstanding performance, security, and simplicity.

However, declining oil & gas prices affect infrastructure-related investments which may impede the market growth over the forecast years.

The regional analysis of the global Flow Computer Oil Gas Market is segmented for the key regions such as North America, Europe, Asia Pacific, Latin America, and Rest of the World (ROW). North America is the dominating region across the world in terms of market share due to significant producers of oil and gas in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to growing implementation of process automation in the oil and gas industry across APAC.

Major market player included in this report are:

Schneider Electric SE

ABB Ltd.

Honeywell International Inc.

Emerson Electric Company

Bedrock Automation Platforms, Inc.

Yokogawa Electric Corporation

Quorum Business Solutions, Inc.

OMNI Flow Computers, Inc.

Dynamic Flow Computers, Inc.

Flowmetrics Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Hardware

Software

Support Service

By Operation:

Upstream

Midstream & Downstream

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19

Base year – 2019-2020

Forecast period – 2021 to 2027.

Target Audience of the Global Flow Computer Oil Gas Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Flow Computer Oil Gas Market , by Region, 2019-2027 (USD Billion)

1.2.2. Flow Computer Oil Gas Market , by Component, 2019-2027 (USD Billion)

1.2.3. Flow Computer Oil Gas Market , by Operation, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Flow Computer Oil Gas Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Flow Computer Oil Gas Market Dynamics

3.1. Flow Computer Oil Gas Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increased need for technologically advanced and reliable flow computing systems

3.1.1.2. Suitability in many functions of the oil and gas industry

3.1.2. Market Restraint

3.1.2.1. Declining oil & gas prices affect infrastructure-related investments

3.1.3. Market Opportunities

3.1.3.1. Prospective growth in the flow computing software market

Chapter 4. Global Flow Computer Oil Gas Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Flow Computer Oil Gas Market , by Component

5.1. Market Snapshot

5.2. Global Flow Computer Oil Gas Market by Component , Performance - Potential Analysis

5.3. Global Flow Computer Oil Gas Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

5.4. Flow Computer Oil Gas Market , Sub Segment Analysis

5.4.1. Hardware

5.4.2. Software

5.4.3. Support Service

Chapter 6. Global Flow Computer Oil Gas Market , by Operation

6.1. Market Snapshot

6.2. Global Flow Computer Oil Gas Market by Operation, Performance - Potential Analysis

6.3. Global Flow Computer Oil Gas Market Estimates & Forecasts by Operation 2018-2027 (USD Billion)

6.4. Flow Computer Oil Gas Market , Sub Segment Analysis

6.4.1. Upstream

6.4.2. Midstream & Downstream

Chapter 7. Global Flow Computer Oil Gas Market , Regional Analysis

7.1. Flow Computer Oil Gas Market , Regional Market Snapshot

7.2. North America Flow Computer Oil Gas Market

7.2.1. U.S. Flow Computer Oil Gas Market

7.2.1.1. Component breakdown estimates & forecasts, 2018-2027

7.2.1.2. Operation breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Flow Computer Oil Gas Market

7.3. Europe Flow Computer Oil Gas Market Snapshot

7.3.1. U.K. Flow Computer Oil Gas Market

7.3.2. Germany Flow Computer Oil Gas Market

7.3.3. France Flow Computer Oil Gas Market

7.3.4. Spain Flow Computer Oil Gas Market

7.3.5. Italy Flow Computer Oil Gas Market

7.3.6. Rest of Europe Flow Computer Oil Gas Market

7.4. Asia-Pacific Flow Computer Oil Gas Market Snapshot

7.4.1. China Flow Computer Oil Gas Market

7.4.2. India Flow Computer Oil Gas Market

7.4.3. Japan Flow Computer Oil Gas Market

7.4.4. Australia Flow Computer Oil Gas Market

7.4.5. South Korea Flow Computer Oil Gas Market

7.4.6. Rest of Asia Pacific Flow Computer Oil Gas Market

7.5. Latin America Flow Computer Oil Gas Market Snapshot

7.5.1. Brazil Flow Computer Oil Gas Market

7.5.2. Mexico Flow Computer Oil Gas Market

7.6. Rest of The World Flow Computer Oil Gas Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Schneider Electric SE

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. ABB Ltd.

8.2.3. Honeywell International Inc.

8.2.4. Emerson Electric Company

8.2.5. Bedrock Automation Platforms, Inc.

8.2.6. Yokogawa Electric Corporation

8.2.7. Quorum Business Solutions, Inc.

8.2.8. OMNI Flow Computers, Inc.

8.2.9. Dynamic Flow Computers, Inc.

8.2.10. Flowmetrics Inc.

Chapter 9. Research Operation

9.1. Research Operation

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Flow Computer Oil Gas Market , report scope

TABLE 2. Global Flow Computer Oil Gas Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 3. Global Flow Computer Oil Gas Market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 4. Global Flow Computer Oil Gas Market estimates & forecasts by Operation 2018-2027 (USD Billion)

TABLE 5. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 6. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 7. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Flow Computer Oil Gas Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Flow Computer Oil Gas Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. U.S. Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. U.S. Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 23. U.S. Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 24. Canada Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. Canada Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. UK Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. UK Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. Germany Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. Germany Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. France Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. France Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. Spain Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. Spain Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Italy Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Italy Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. ROE Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. ROE Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. China Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. China Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. India Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. India Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. Japan Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. Japan Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Australia Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Australia Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. South Korea Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. South Korea Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. ROPAC Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. ROPAC Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. Brazil Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. Brazil Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Mexico Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Mexico Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. ROLA Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. ROLA Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROW Flow Computer Oil Gas Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROW Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Flow Computer Oil Gas Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. List of secondary sources used in the study of global Flow Computer Oil Gas Market .

TABLE 76. List of primary sources used in the study of global Flow Computer Oil Gas Market .

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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