NEW YORK, Jan. 26, 2016 /PRNewswire/ -- The need for accurate measurement of crude and other expensive petro products has contributed the development of flow computers. The flow computers use flow, pressure, and temperature signals for density compensation calculation of liquid and gas. The flow computers have been developed since 1970s; the companies are consistently developing these devices to improve the computational capacities of the flow computer. There are many companies present in the market with advanced flow computing solutions in their portfolios.
This report provides detailed analysis of the flow computer market, based on components, operations, and geographies. The market was valued at USD 727.7 million in 2014, and it is estimated to reach USD 1.04 billion by 2020, at a CAGR of 5.5% between 2015 and 2020. This report provides a detailed analysis of market dynamics such as drivers, restraints, challenges, and opportunities. The Porter's five forces analysis has been included in the report with a description of each of its forces and their respective impact on the market.
The report provides a detailed profile of the companies involved in the development of flow computers such as Krohne Messtechnik GmbH (Germany), Thermo Fisher Scientific Inc. (U.S.), Kessler-Ellis Products Co., Inc. (U.S.), FMC Technologies, Inc. (U.S.), Emerson Electric Co. (U.S.), Yokogawa Electric Corporation (Japan), OMNI Flow Computers, Inc. (U.S.), Dynamic Flow Computers Inc. (U.S.), Schneider Electric SA (France), ABB Group (Switzerland), Cameron International Corporation (U.S.), Honeywell International, Inc. (U.S.), and Contrec Europe Limited (U.K.) among others. The competitive landscape for these players, detailing their growth strategy in the said market, has also been included in the report.
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