출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2023년03월
석유 및 가스 분야의 플로우 컴퓨터(Flow Computer) 시장 : 오퍼링(하드웨어, 소프트웨어, 지원 서비스), 운영(업스트림, 미드스트림, 다운스트림), 애플리케이션(상거래용, 파이프라인 흐름 모니터링, 웰헤드 모니터링), 지역별 – 2028년까지의 세계 예측
Flow Computer Market in Oil & Gas by Offering (Hardware, Software, Support Services), by Operation (Upstream, Midstream and Downstream), Application (Custody Transfer, Pipeline Flow Monitoring, Wellhead Monitoring) and Region – Global Forecast to 2028
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| 구성 | 영문조사보고서 |
| 가격 |
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% during the forecasted period. The technological advancements in oil & gas industry and suitability in many functions of the oil & gas industry and increasing adoption of process automation providing opportunities for flow computer market in oil & gas.
석유 및 가스 분야의 플로우 컴퓨터 시장은 2023년 7억 9800만 달러에서 2028년 10억 6700만 달러로 성장할 것으로 예상됩니다. 예측 기간 동안 6.0%의 CAGR로 성장할 것으로 예상됩니다. 석유 및 가스 산업의 기술 발전과 석유 및 가스 산업의 여러 기능에 대한 적합성 및 프로세스 자동화 채택 증가는 석유 및 가스 분야의 플로우 컴퓨터 시장에 기회를 제공합니다.
“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.
Breakdown of the profiles of primary participants:
• By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
• By Designation: C-level Executives – 35%, Directors – 43%, and others – 22%
• By Region: North America – 31%, Europe – 19%, Asia Pacific – 27%, and RoW – 15%
Major players profiled in this report are as follows: 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). Prosoft Technology, Inc.(US), Flowmetric, Inc.(US), Spirax Sarco Limited (UK), SICK AG (Germany), Badger Meter, Inc.(US), Quorum Business Solution, Inc.(US), Endress+Hauser AG (Switzerland), PLUM Sp. Zo. O (Poland), Fluidwell BV (Netherlands), Oval Corporation (Japan), Seneca srl (Italy), and Hoffer Flow Controls, Inc. (US).
Research Coverage
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.
Key Benefits of Buying the Report:
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.
목차
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS AND EXCLUSIONS 27
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
FIGURE 1 SEGMENTATION OF FLOW COMPUTER MARKET IN OIL & GAS 27
1.3.2 REGIONAL SCOPE 27
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 28
1.5 LIMITATIONS 28
1.6 STAKEHOLDERS 29
1.7 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 FLOW COMPUTER MARKET IN OIL & GAS: RESEARCH DESIGN 31
2.1.1 SECONDARY AND PRIMARY RESEARCH 32
2.1.1.1 Key industry insights 33
2.1.2 SECONDARY DATA 33
2.1.2.1 List of major secondary sources 33
2.1.2.2 Secondary sources 34
2.1.3 PRIMARY DATA 34
2.1.3.1 Primary interviews with experts 34
2.1.3.2 Breakdown of primaries 35
2.1.3.3 Key data from primary sources 35
2.2 MARKET SIZE ESTIMATION 36
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE APPROACH 36
2.2.1 BOTTOM-UP APPROACH 36
2.2.1.1 Approach to estimate market size using bottom-up analysis (demand side) 36
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 37
2.2.2 TOP-DOWN APPROACH 37
2.2.2.1 Approach to estimate market size using top-down analysis (supply side) 37
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 38
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 6 DATA TRIANGULATION 38
2.4 RESEARCH ASSUMPTIONS 39
FIGURE 7 RESEARCH STUDY ASSUMPTIONS 39
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON FLOW COMPUTER MARKET IN OIL & GAS 39
3 EXECUTIVE SUMMARY 40
FIGURE 8 HARDWARE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF FLOW COMPUTER MARKET IN OIL & GAS IN 2028 40
FIGURE 9 UPSTREAM OPERATIONS TO CREATE HIGH-GROWTH OPPORTUNITIES FOR FLOW COMPUTER MARKET DURING FORECAST PERIOD 41
FIGURE 10 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2022 42
3.1 ANALYSIS OF RECESSION IMPACT ON FLOW COMPUTER MARKET IN OIL & GAS 42
FIGURE 11 GDP GROWTH PROJECTION TILL 2023 FOR MAJOR ECONOMIES (PERCENTAGE CHANGE) 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FLOW COMPUTER MARKET IN OIL & GAS 44
FIGURE 12 ADOPTION OF PROCESS AUTOMATION IN OIL & GAS INDUSTRY TO PROVIDE OPPORTUNITIES FOR MARKET PLAYERS 44
4.2 FLOW COMPUTER MARKET IN OIL & GAS, BY OFFERING 45
FIGURE 13 SOFTWARE SEGMENT TO REGISTER HIGHEST CAGR IN FLOW COMPUTER MARKET IN OIL & GAS BETWEEN 2023 AND 2028 45
4.3 FLOW COMPUTER MARKET IN OIL & GAS IN NORTH AMERICA, BY COUNTRY AND OPERATION 45
FIGURE 14 US AND MIDSTREAM AND DOWNSTREAM TO ACCOUNT FOR LARGEST SHARE OF FLOW COMPUTER MARKET IN OIL & GAS IN NORTH AMERICA IN 2028 45
4.4 REGION-WISE GROWTH RATE OF FLOW COMPUTER MARKET IN OIL & GAS 46
FIGURE 15 NORTH AMERICA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
5.2.1 DRIVERS 48
5.2.1.1 Technological advancements in oil & gas industry 48
5.2.1.2 Need to maximize production potential from mature wells 48
5.2.1.3 Suitability in oil & gas industry 48
FIGURE 16 FLOW COMPUTER MARKET IN OIL & GAS: IMPACT ANALYSIS OF DRIVERS 49
5.2.2 RESTRAINTS 50
5.2.2.1 Cybersecurity threats 50
5.2.2.2 High cost of flow computer and regular maintenance 50
FIGURE 17 FLOW COMPUTER MARKET IN OIL & GAS: IMPACT ANALYSIS OF RESTRAINTS 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Growing demand for offshore/ultra-deep discoveries 51
5.2.3.2 Increasing adoption of process automation 51
FIGURE 18 FLOW COMPUTER MARKET IN OIL & GAS: IMPACT ANALYSIS OF OPPORTUNITIES 52
5.2.4 CHALLENGES 52
5.2.4.1 Interoperability of multiple components from different solution providers 52
FIGURE 19 FLOW COMPUTER MARKET IN OIL & GAS: IMPACT ANALYSIS OF CHALLENGES 52
5.3 VALUE CHAIN ANALYSIS 53
FIGURE 20 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDITION DURING MANUFACTURING AND SYSTEM INTEGRATION PHASE 53
5.4 ECOSYSTEM ANALYSIS 54
FIGURE 21 FLOW COMPUTER MARKET IN OIL & GAS: ECOSYSTEM ANALYSIS 54
TABLE 1 FLOW COMPUTER MARKET IN OIL & GAS: ECOSYSTEM 54
5.5 PRICING ANALYSIS 55
FIGURE 22 AVERAGE SELLING PRICE TREND OF FLOW COMPUTER 55
TABLE 2 INDICATIVE PRICES OF FLOW COMPUTER 56
5.5.1 AVERAGE SELLING PRICE OF FLOW COMPUTERS OFFERED BY KEY PLAYERS 57
FIGURE 23 AVERAGE SELLING PRICES OF FLOW COMPUTERS OFFERED BY KEY PLAYERS 57
TABLE 3 AVERAGE SELLING PRICES OF FLOW COMPUTERS OFFERED BY KEY PLAYERS (USD) 57
TABLE 4 AVERAGE SELLING PRICES OF FLOW COMPUTER BY REGION (USD) 57
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 58
FIGURE 24 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN FLOW COMPUTER MARKET IN OIL & GAS 58
5.7 TECHNOLOGY ANALYSIS 58
5.7.1 IMPACT OF IIOT ON FLOW COMPUTER MARKET IN OIL & GAS 58
5.7.2 INTEGRATION OF ARTIFICIAL INTELLIGENCE INTO FLOW COMPUTERS 59
5.8 PORTER’S FIVE FORCES ANALYSIS 59
FIGURE 25 FLOW COMPUTER MARKET IN OIL & GAS: PORTER’S FIVE FORCES ANALYSIS 59
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 61
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 61
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 COMPONENTS 61
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 COMPONENTS (%) 61
5.9.2 BUYING CRITERIA 62
FIGURE 27 KEY BUYING CRITERIA FOR TOP 3 COMPONENTS 62
TABLE 6 KEY BUYING CRITERIA FOR TOP 3 COMPONENTS 62
5.10 CASE STUDIES 62
TABLE 7 TURKSTREAM GAS PIPELINE USED CONTREC’S 515 GAS FLOW COMPUTERS FOR FLOW MEASUREMENT SOLUTION 62
TABLE 8 INSTALLATION OF E-CHART FLOW COMPUTERS FOR ACCURATE MONITOR MEASUREMENTS FOR GAS LIFT OPERATION 63
TABLE 9 HUSKY ENERGY UPGRADED ITS LIMA REFINERY WITH MICRO MVL FLOW COMPUTER FOR RELIABLE MEASUREMENT 63
TABLE 10 INSTALLATION OF EMERSON’S FB1200 FLOW COMPUTER BY WATERBRIDGE TO ACHIEVE ACCURATE AND LOW MAINTENANCE METER PERFORMANCE 63
5.11 TRADE ANALYSIS 64
FIGURE 28 IMPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION) 64
FIGURE 29 EXPORT DATA, BY COUNTRY, 2017–2021 (USD MILLION) 65
5.12 PATENT ANALYSIS 65
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 65
TABLE 11 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS 66
FIGURE 31 NUMBER OF PATENTS GRANTED FROM 2013 TO 2022 66
TABLE 12 LIST OF FEW PATENTS IN FLOW COMPUTER MARKET IN OIL & GAS, 2020–2023 67
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 68
TABLE 13 FLOW COMPUTER MARKET IN OIL & GAS: DETAILED LIST OF CONFERENCES AND EVENTS 68
5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 70
TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
TABLE 17 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.14.1 STANDARDS 72
TABLE 18 STANDARDS FOR FLOW COMPUTER MARKET IN OIL & GAS 72
6 APPLICATIONS OF FLOW COMPUTERS IN OIL & GAS INDUSTRY 73
6.1 INTRODUCTION 73
6.2 CUSTODY TRANSFER 73
6.3 PIPELINE FLOW MONITORING 73
6.4 WELLHEAD MONITORING 73
7 FLOW COMPUTER MARKET IN OIL & GAS, BY OFFERING 74
7.1 INTRODUCTION 75
FIGURE 32 HARDWARE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 75
TABLE 19 FLOW COMPUTER MARKET IN OIL & GAS, BY OFFERING,
2019–2022 (USD MILLION) 75
TABLE 20 FLOW COMPUTER MARKET IN OIL & GAS, BY OFFERING,
2023–2028 (USD MILLION) 76
7.2 HARDWARE 76
7.2.1 USED IN WELLHEAD MEASUREMENT, CUSTODY TRANSFER, AND FUEL MONITORING 76
7.2.2 PROCESSOR 77
7.2.3 MEMORY 77
7.2.4 INPUT/OUTPUT (I/O) MODULE 77
7.2.5 POWER SUPPLY 77
7.2.6 COMMUNICATION INTERFACE 77
7.2.7 ENCLOSURE 77
7.2.8 DISPLAY 77
7.3 SOFTWARE 78
7.3.1 ENABLES ACCURATE MEASUREMENT, MONITORING, AND FLOW OF MEDIUM 78
7.4 SUPPORT SERVICES 78
7.4.1 MINIMIZES ECONOMIC LOSSES AND TECHNICAL ISSUES POST INSTALLATION 78
7.4.2 SYSTEM INTEGRATION 79
7.4.3 CUSTOMIZATION 79
7.4.4 FIELD SERVICES 79
7.4.5 CONSULTING SERVICES 79
8 FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION 80
8.1 INTRODUCTION 81
FIGURE 33 MIDSTREAM AND UPSTREAM OPERATION TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 81
TABLE 21 FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION,
2019–2022 (USD MILLION) 81
TABLE 22 FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION,
2023–2028 (USD MILLION) 81
8.2 UPSTREAM 82
8.2.1 ENGAGES IN EXPLORATION, DRILLING, AND PRODUCTION 82
TABLE 23 UPSTREAM FLOW COMPUTER MARKET, BY REGION, 2019–2022 (USD MILLION) 82
TABLE 24 UPSTREAM FLOW COMPUTER MARKET, BY REGION, 2023–2028 (USD MILLION) 83
TABLE 25 NORTH AMERICA: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 83
TABLE 26 NORTH AMERICA: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 83
TABLE 27 EUROPE: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 84
TABLE 28 EUROPE: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 84
TABLE 29 MIDDLE EAST: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 84
TABLE 30 MIDDLE EAST: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 85
TABLE 31 ASIA PACIFIC: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 85
TABLE 32 ASIA PACIFIC: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 85
TABLE 33 REST OF THE WORLD: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 86
TABLE 34 REST OF THE WORLD: UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 86
8.3 MIDSTREAM AND DOWNSTREAM 86
8.3.1 APPLICATIONS IN CUSTODY TRANSFER, PIPELINE FLOW MONITORING, ALLOCATION, BLENDING, AND BATCHING 86
TABLE 35 MIDSTREAM AND DOWNSTREAM FLOW COMPUTER MARKET, BY REGION, 2019–2022 (USD MILLION) 87
TABLE 36 MIDSTREAM AND DOWNSTREAM FLOW COMPUTER MARKET, BY REGION , BY REGION, 2023–2028 (USD MILLION) 87
TABLE 37 NORTH AMERICA: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 87
TABLE 38 NORTH AMERICA: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 88
TABLE 39 EUROPE: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 88
TABLE 40 EUROPE: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 88
TABLE 41 MIDDLE EAST: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 89
TABLE 42 MIDDLE EAST: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 89
TABLE 43 ASIA PACIFIC: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 89
TABLE 44 ASIA PACIFIC: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 90
TABLE 45 REST OF THE WORLD: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 90
TABLE 46 REST OF THE WORLD: MIDSTREAM AND UPSTREAM FLOW COMPUTER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 90
9 FLOW COMPUTER MARKET IN OIL & GAS, BY REGION 91
9.1 INTRODUCTION 92
FIGURE 34 US TO EXHIBIT HIGHEST CAGR IN FLOW COMPUTER MARKET IN OIL & GAS DURING FORECAST PERIOD 92
TABLE 47 FLOW COMPUTER MARKET IN OIL & GAS, BY REGION, 2019–2022 (USD MILLION) 92
TABLE 48 FLOW COMPUTER MARKET IN OIL & GAS, BY REGION, 2023–2028 (USD MILLION) 93
9.2 NORTH AMERICA 93
FIGURE 35 NORTH AMERICA: SNAPSHOT OF FLOW COMPUTER MARKET IN OIL & GAS 94
TABLE 49 NORTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2019–2022(USD MILLION) 94
TABLE 50 NORTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2023–2028 (USD MILLION) 95
TABLE 51 NORTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 95
TABLE 52 NORTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 95
9.2.1 US 96
9.2.1.1 Contributes highest market share in region 96
TABLE 53 US: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 96
TABLE 54 US: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 96
9.2.2 CANADA 96
9.2.2.1 Significant oil reserves and expanding production 96
TABLE 55 CANADA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 97
TABLE 56 CANADA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 97
9.2.3 MEXICO 97
9.2.3.1 Moderate market growth 97
TABLE 57 MEXICO: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 97
TABLE 58 MEXICO: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 98
9.3 EUROPE 98
FIGURE 36 EUROPE: SNAPSHOT OF FLOW COMPUTER MARKET IN OIL & GAS 99
TABLE 59 EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2019–2022(USD MILLION) 99
TABLE 60 EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2023–2028 (USD MILLION) 100
TABLE 61 EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 100
TABLE 62 EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 100
9.3.1 NORWAY 101
9.3.1.1 Growing investments in oil & gas projects 101
TABLE 63 NORWAY: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 101
TABLE 64 NORWAY: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 101
9.3.2 KAZAKHSTAN 101
9.3.2.1 Exports 80% of oil produced 101
TABLE 65 KAZAKHSTAN: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 102
TABLE 66 KAZAKHSTAN: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 102
9.3.3 UK 102
9.3.3.1 Presence of several technology providers 102
TABLE 67 UK: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 102
TABLE 68 UK: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 103
9.3.4 REST OF EUROPE 103
TABLE 69 REST OF EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 103
TABLE 70 REST OF EUROPE: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 103
9.4 MIDDLE EAST 104
TABLE 71 MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2019–2022(USD MILLION) 104
TABLE 72 MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2023–2028 (USD MILLION) 104
TABLE 73 MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 105
TABLE 74 MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 105
9.4.1 SAUDI ARABIA 105
9.4.1.1 Continuous oil exploration and development by Saudi Aramco 105
TABLE 75 SAUDI ARABIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 106
TABLE 76 SAUDI ARABIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 106
9.4.2 IRAN 106
9.4.2.1 Increased production activities 106
TABLE 77 IRAN: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 107
TABLE 78 IRAN: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 107
9.4.3 QATAR 107
9.4.3.1 Depleting oil production 107
TABLE 79 QATAR: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 107
TABLE 80 QATAR: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 108
9.4.4 REST OF MIDDLE EAST 108
TABLE 81 REST OF MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 108
TABLE 82 REST OF MIDDLE EAST: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 109
9.5 ASIA PACIFIC 109
FIGURE 37 ASIA PACIFIC: SNAPSHOT OF FLOW COMPUTER MARKET IN OIL & GAS 110
TABLE 83 ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2019–2022(USD MILLION) 110
TABLE 84 ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY COUNTRY, 2023–2028 (USD MILLION) 111
TABLE 85 ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 111
TABLE 86 ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 111
9.5.1 CHINA 112
9.5.1.1 Expected to dominate market in Asia Pacific 112
TABLE 87 CHINA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 112
TABLE 88 CHINA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 112
9.5.2 INDIA 113
9.5.2.1 Redevelopment of legacy oilfields and government initiatives 113
TABLE 89 INDIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 113
TABLE 90 INDIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 114
9.5.3 INDONESIA 114
9.5.3.1 Government plans to boost oil & gas production 114
TABLE 91 INDONESIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 114
TABLE 92 INDONESIA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 115
9.5.4 REST OF ASIA PACIFIC 115
TABLE 93 REST OF ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 115
TABLE 94 REST OF ASIA PACIFIC: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 116
9.6 REST OF THE WORLD 116
TABLE 95 REST OF THE WORLD: FLOW COMPUTER MARKET IN OIL & GAS, BY REGION, 2019–2022(USD MILLION) 116
TABLE 96 REST OF THE WORLD: FLOW COMPUTER MARKET IN OIL & GAS, BY REGION, 2023–2028 (USD MILLION) 116
TABLE 97 REST OF THE WORLD: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 117
TABLE 98 REST OF THE WORLD: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 117
9.6.1 SOUTH AMERICA 117
9.6.1.1 Digitalization in oilfields 117
TABLE 99 SOUTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 118
TABLE 100 SOUTH AMERICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 118
9.6.2 AFRICA 118
9.6.2.1 Governments plans to expand energy segment 118
TABLE 101 AFRICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2019–2022 (USD MILLION) 118
TABLE 102 AFRICA: FLOW COMPUTER MARKET IN OIL & GAS, BY OPERATION, 2023–2028 (USD MILLION) 119
10 COMPETITIVE LANDSCAPE 120
10.1 INTRODUCTION 120
10.2 TOP 5 COMPANY REVENUE ANALYSIS 120
FIGURE 38 FLOW COMPUTER MARKET IN OIL & GAS: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022 120
10.3 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2022 120
FIGURE 39 SHARE OF MAJOR PLAYERS IN FLOW COMPUTER MARKET IN OIL & GAS, 2022 121
TABLE 103 MARKET SHARE OF TOP FIVE PLAYERS IN FLOW COMPUTER MARKET IN OIL & GAS, 2022 121
10.4 COMPANY EVALUATION QUADRANT, 2022 122
10.4.1 STARS 122
10.4.2 EMERGING LEADERS 122
10.4.3 PERVASIVE PLAYERS 123
10.4.4 PARTICIPANTS 123
FIGURE 40 FLOW COMPUTER MARKET IN OIL & GAS: COMPANY EVALUATION QUADRANT, 2022 123
10.5 FLOW COMPUTER MARKET IN OIL & GAS: PRODUCT FOOTPRINT 124
TABLE 104 COMPANY FOOTPRINT 124
TABLE 105 PRODUCT TYPE FOOTPRINT OF COMPANIES 125
TABLE 106 OPERATION FOOTPRINT OF COMPANIES 126
TABLE 107 REGIONAL FOOTPRINT OF COMPANIES 127
10.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION MATRIX, 2022 128
10.6.1 PROGRESSIVE COMPANIES 128
10.6.2 RESPONSIVE COMPANIES 128
10.6.3 DYNAMIC COMPANIES 128
10.6.4 STARTING BLOCKS 128
FIGURE 41 FLOW COMPUTER MARKET IN OIL & GAS, SME EVALUATION QUADRANT, 2022 129
10.6.5 STARTUPS/SMES EVALUATION MATRIX 130
TABLE 108 FLOW COMPUTER MARKET IN OIL & GAS: DETAILED LIST OF KEY STARTUPS/SMES 130
TABLE 109 FLOW COMPUTER MARKET IN OIL & GAS: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 130
10.7 COMPETITIVE SITUATIONS AND TRENDS 131
10.7.1 FLOW COMPUTER MARKET IN OIL & GAS: PRODUCT LAUNCHES, SEPTEMBER 2021–JANUARY 2023 131
TABLE 110 FLOW COMPUTER MARKET IN OIL & GAS: PRODUCT LAUNCHES, SEPTEMBER 2021–JANUARY 2023 131
10.7.2 FLOW COMPUTER MARKET IN OIL & GAS: DEALS, JUNE 2022 131
TABLE 111 FLOW COMPUTER MARKET IN OIL & GAS: DEALS, JUNE 2022 131
10.7.3 FLOW COMPUTER MARKET IN OIL & GAS: OTHERS, FEBRUARY 2021 132
TABLE 112 FLOW COMPUTER MARKET IN OIL & GAS: OTHERS, FEBRUARY 2021 132
11 COMPANY PROFILES 133
11.1 KEY PLAYERS 133
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1.1 EMERSON ELECTRIC CO. 133
TABLE 113 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 133
FIGURE 42 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 134
TABLE 114 EMERSON ELECTRIC CO.: PRODUCTS OFFERED 134
TABLE 115 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES 135
11.1.2 HONEYWELL INTERNATIONAL, INC. 136
TABLE 116 HONEYWELL INTERNATIONAL, INC.: COMPANY OVERVIEW 136
FIGURE 43 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT 137
TABLE 117 HONEYWELL INTERNATIONAL, INC.: PRODUCTS OFFERED 137
11.1.3 ABB 139
TABLE 118 ABB: COMPANY OVERVIEW 139
FIGURE 44 ABB: COMPANY SNAPSHOT 140
TABLE 119 ABB: PRODUCTS OFFERED 140
TABLE 120 ABB: DEALS 141
TABLE 121 ABB: OTHERS 141
11.1.4 THERMO FISHER SCIENTIFIC INC. 143
TABLE 122 THERMO FISHER SCIENTIFIC INC.: COMPANY OVERVIEW 143
FIGURE 45 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT 144
TABLE 123 THERMO FISHER SCIENTIFIC INC.: PRODUCTS OFFERED 145
TABLE 124 THERMO FISHER SCIENTIFIC INC.: PRODUCT LAUNCHES 145
11.1.5 SCHNEIDER ELECTRIC 147
TABLE 125 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 147
FIGURE 46 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 148
TABLE 126 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 148
11.1.6 KROHNE MESSTECHNIK GMBH 150
TABLE 127 KROHNE MESSTECHNIK GMBH: COMPANY OVERVIEW 150
TABLE 128 KROHNE MESSTECHNIK GMBH: PRODUCTS OFFERED 150
TABLE 129 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW 151
FIGURE 47 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 152
TABLE 130 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS OFFERED 152
11.1.8 TECHNIPFMC PLC 153
TABLE 131 TECHNIPFMC PLC: COMPANY OVERVIEW 153
FIGURE 48 TECHNIPFMC PLC: COMPANY SNAPSHOT 154
TABLE 132 TECHNIPFMC PLC: PRODUCTS OFFERED 154
11.1.9 OMNI FLOW COMPUTERS, INC. 155
TABLE 133 OMNI FLOW COMPUTERS, INC.: COMPANY OVERVIEW 155
TABLE 134 OMNI FLOW COMPUTERS, INC.: PRODUCTS OFFERED 155
11.1.10 DYNAMIC FLOW COMPUTERS, INC. 156
TABLE 135 DYNAMIC FLOW COMPUTERS, INC.: COMPANY OVERVIEW 156
TABLE 136 DYNAMIC FLOW COMPUTERS, INC.: PRODUCTS OFFERED 156
11.1.11 CONTREC LIMITED 157
TABLE 137 CONTREC LIMITED: COMPANY OVERVIEW 157
TABLE 138 CONTREC LIMITED: PRODUCTS OFFERED 157
11.1.12 KESSLER-ELLIS PRODUCTS (KEP) CO, INC. 159
TABLE 139 KESSLER-ELLIS PRODUCTS CO, INC.: COMPANY OVERVIEW 159
TABLE 140 KESSLER-ELLIS PRODUCTS CO, INC.: PRODUCTS OFFERED 159
11.1.13 SENSIA 160
TABLE 141 SENSIA: COMPANY OVERVIEW 160
TABLE 142 SENSIA: PRODUCTS OFFERED 160
11.2 OTHER KEY PLAYERS 161
11.2.1 PROSOFT TECHNOLOGY, INC. 161
11.2.2 FLOWMETRICS, INC. 162
11.2.3 SPIRAX SARCO LIMITED 163
11.2.4 SICK AG 164
11.2.5 BADGER METER, INC. 165
11.2.6 QUORUM BUSINESS SOLUTIONS, INC. 166
11.2.7 ENDRESS+HAUSER AG 167
11.2.8 PLUM SP. Z O.O 168
11.2.9 FLUIDWELL BV 169
11.2.10 OVAL CORPORATION 170
11.2.11 SENECA SRL 171
11.2.12 HOFFER FLOW CONTROLS, INC. 171
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 ADJACENT AND RELATED MARKETS 172
12.1 INTRODUCTION 172
12.2 STUDY LIMITATIONS 172
12.3 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY INSTRUMENT 172
TABLE 143 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY TYPE, 2018–2021 (USD MILLION) 173
TABLE 144 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 173
TABLE 145 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY INSTRUMENT, 2018–2021 (USD MILLION) 173
TABLE 146 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY INSTRUMENT, 2022–2027 (USD MILLION) 173
12.3.1 FIELD INSTRUMENTS 174
12.3.1.1 Level transmitters 174
12.3.1.1.1 Accurate measurements in water & wastewater treatment industry 174
12.3.1.2 Pressure transmitters 175
12.3.1.2.1 Widespread use in oil & gas industry 175
12.3.1.3 Temperature transmitters 175
12.3.1.3.1 Simplify operations 175
12.3.1.4 Others 176
12.3.1.4.1 Humidity transmitters 176
12.3.1.5 Vibration level switches 176
12.3.2 PROCESS ANALYZERS 176
12.3.2.1 High demand from pharmaceutical industry 176
13 APPENDIX 178
13.1 DISCUSSION GUIDE 178
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 180
13.3 CUSTOMIZATION OPTIONS 182
13.4 RELATED REPORTS 182
13.5 AUTHOR DETAILS 183
