Global Flow Computer Market in Oil and Gas Industry

Global Flow Computer Market in Oil and Gas Industry

  • October 2019 •
  • 131 pages •
  • Report ID: 5798603 •
  • Format: PDF
Flow Computer Market in Oil and Gas market worldwide is projected to grow by US$415.9 Million, driven by a compounded growth of 5.5%. Hardware, one of the segments analyzed and sized in this study, displays the potential to grow at over 5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1 Billion by the year 2025, Hardware will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 6.6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$21.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$19.1 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hardware will reach a market size of US$75.8 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.3% over the next couple of years and add approximately US$70.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, ABB Group; Cameron, a Schlumberger company; Contrec Ltd.; Emerson Electric Company; Honeywell International, Inc.; Kessler-Ellis Products (KEP); KROHNE Messtechnik GmbH; Omni Flow Computers, Inc.; Schneider Electric SA; Thermo Fisher Scientific, Inc.; Yokogawa Electric Corporation