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Flow Computers Market Analysis And Forecast By TMR Till 2031
Flow computer is a kind of electronic computer that receives analog and digital signals from flow meters, temperature, pressure and density transmitters to perform algorithms at standard conditionsThe flow computer is primarily used to measure the flow of gases or liquids. It measures and record the volume of a particular flowing substance at a particular point in time by using complex mathematical equations by receiving digital and analog inputs from different sensors, flow meters, and other flow measuring devices.
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Flow meters cannot compute all the functions such as data logging, communication, remote metering, alarming, and control functions tasks without the help of flow computer. The signals provided to the flow computer are of two types: pressure difference signals and direct flow rate signals
Flow computers are equipped with the necessary algorithms for programming, having user-friendly interface and damage-resistant hardware components
The flow computer market is developed to increase the reliability of measurement operations by improving metrology performance and reduce measurement uncertainty and compliance
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Increased Demand for Flow Computers in Oil & Gas Industry
The flow computer is required in the oil & gas industry to measure supply of liquid and gases. Flow computers take input from flow meters and subsequently, calculate accurate flow of liquid or gas running through the pipelines by using interfaced devices and then transfer the data to external workstations for inspection, management, and accounting.
The oil & gas industry and petrochemical manufacturers primarily require flow computers to analyze and record accurate measurements of products that flow through their pipelines
Flow computers process data and generate reports for products such as crude oil, refined oil, natural gas, ethylene, nitrogen and other products in the oil & gas industry
Most flow computers are wireless-capable and can be employed to transmit data to pipeline controls, auditing, and accounting departments
Flow computers are extensively utilized in the oil & gas industry for upstream production, midstream pipeline, downstream refining, process plants, and chemical plants to measure, monitor, and control the injected fluids and the production of the well
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North America to Lead Global Flow Computers Market
North America is expected to dominate the global flow computers market owing to large demand for flow computers across different industries and strong presence of manufacturing centers and suppliers of electronic computer products with presence of major players such as Schlumberger Limited, Emerson Electric Co., Yokogawa Corporation of America, and Honeywell International Inc., etc.
The flow computers market in Asia Pacific is anticipated to expand at a considerable pace during the forecast period as countries such as South Korea, China, India, and Australia are witnessing industrial improvement and rapid urbanization
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Key Players Operating in the Global Flow Computers Market
Yokogawa Corporation of America
Emerson Electric Co.
Honeywell International, Inc.
Thermo Fisher Scientific Inc.
Schlumberger Limited
FMC Technologies, Inc.
Schneider Electric
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