Summary:
- The global flow computers market size reached USD 1.1 Billion in 2023.
- The flow computers market size is expected to reach USD 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.29% during 2024-2032.
- Region-wise, the market has been segmented into North America (United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
- Based on the component, the market has been classified into hardware, software, and services.
- Based on product, the market has been bifurcated into wired flow computers and wireless flow computers.
- Based on the end use industry, the market has been categorized into oil and gas, water and wastewater, energy and power generation, food, and beverage, chemical, pulp and paper, metal and mining, and others.
- The increasing demand for accurate and reliable flow measurement in the oil and gas sector is a primary driver of the flow computers market.
- Technological advancements and the integration of the Internet of Things (IoT) are reshaping the flow computers market.
