The Europe Flow Computer in Oil & Gas Market would witness market growth of 5.7% CAGR during the forecast period (2023-2029).
The need for high-tech flow computers rises as more and more users learn how greater data analysis may provide them a competitive edge and boost productivity, as well as how much data they must gather, store, analyze, and communicate. Many oil and gas industry participants are vying for the development of a tough, unified platform outfitted with integrated measurement and controls, edge computing, sophisticated connectivity, and inherent cybersecurity. This element has contributed to the increased flow of computer processing power.
The most serious risks that an organization will experience if someone gains unauthorized access to the infrastructure of an oil and gas company include planned sabotage/shutdown, production disruption, equipment damage, utility outages, product quality, undetected spills, compliance violations, illegal pipeline tapping, safety violations, etc. Hackers are now being threatened to use specific techniques, such as DNS hijacking, hacking webmail and corporate VPN services, or even scraping publically accessible data for data to try and breach communications or discover a means to stay present in corporate networks for espionage reasons, which has further boosted the demand for flow computers in the sector and thus aiding the market growth.
Russia is amongst the top oil and gas producers. Most of the nation's oil and gas is sold to foreign nations. This implies that a sizable portion of the nation's income comes from oil and gas. It is one of the world's largest gas producers and has one of the largest gas reserves. Russia plans to launch several new projects to benefit from the downstream sector's rapid growth over the next few years. Also, the Russian Government intends to do more to support expanding the sector. These factors can provide more opportunities for the flow computer usage in the oil & gas sector for calculating precise liquid flow and various other operations, boosting the market growth in the region.
The Germany market dominated the Europe Flow Computer in Oil & Gas Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $71.7 million by 2029. The UK market is exhibiting a CAGR of 4.8% during (2023 - 2029). Additionally, The France market would display a CAGR of 6.5% during (2023 - 2029).
Based on Operation, the market is segmented into Midstream & Downstream and Upstream. Based on Component, the market is segmented into Hardware, Software and Support Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Flow Computer in Oil & Gas Market is Projected to reach USD 1.1 Billion by 2029, at a CAGR of 5.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Emerson Electric Co., Honeywell International, Inc., ABB Ltd., Thermo Fisher Scientific, Inc., Schneider Electric SE, TechnipFMC plc, Sick AG, Badger Meter, Inc., Hoffer Flow Controls, Inc., and Spirax Sarco Limited.
Scope of the Study
Market Segments Covered in the Report:
By Operation
- Midstream & Downstream
- Upstream
By Component
- Hardware
- Software
- Support Services
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Emerson Electric Co.
- Honeywell International, Inc.
- ABB Ltd.
- Thermo Fisher Scientific, Inc.
- Schneider Electric SE
- TechnipFMC plc
- Sick AG
- Badger Meter, Inc.
- Hoffer Flow Controls, Inc.
- Spirax Sarco Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Flow Computer in Oil & Gas Market, by Operation
1.4.2 Europe Flow Computer in Oil & Gas Market, by Component
1.4.3 Europe Flow Computer in Oil & Gas Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis – Global
3.1 Market Share Analysis, 2022
3.2 Strategies deployed in Flow Computer in Oil & Gas Market
Chapter 4. Europe Flow Computer in Oil & Gas Market by Operation
4.1 Europe Midstream & Downstream Market by Country
4.2 Europe Upstream Market by Country
Chapter 5. Europe Flow Computer in Oil & Gas Market by Component
5.1 Europe Hardware Market by Country
5.2 Europe Software Market by Country
5.3 Europe Support Services Market by Country
Chapter 6. Europe Flow Computer in Oil & Gas Market by Country
6.1 Germany Flow Computer in Oil & Gas Market
6.1.1 Germany Flow Computer in Oil & Gas Market by Operation
6.1.2 Germany Flow Computer in Oil & Gas Market by Component
6.2 UK Flow Computer in Oil & Gas Market
6.2.1 UK Flow Computer in Oil & Gas Market by Operation
6.2.2 UK Flow Computer in Oil & Gas Market by Component
6.3 France Flow Computer in Oil & Gas Market
6.3.1 France Flow Computer in Oil & Gas Market by Operation
6.3.2 France Flow Computer in Oil & Gas Market by Component
6.4 Russia Flow Computer in Oil & Gas Market
6.4.1 Russia Flow Computer in Oil & Gas Market by Operation
6.4.2 Russia Flow Computer in Oil & Gas Market by Component
6.5 Spain Flow Computer in Oil & Gas Market
6.5.1 Spain Flow Computer in Oil & Gas Market by Operation
6.5.2 Spain Flow Computer in Oil & Gas Market by Component
6.6 Italy Flow Computer in Oil & Gas Market
6.6.1 Italy Flow Computer in Oil & Gas Market by Operation
6.6.2 Italy Flow Computer in Oil & Gas Market by Component
6.7 Rest of Europe Flow Computer in Oil & Gas Market
6.7.1 Rest of Europe Flow Computer in Oil & Gas Market by Operation
6.7.2 Rest of Europe Flow Computer in Oil & Gas Market by Component
Chapter 7. Company Profiles
7.1 Emerson Electric Co.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 Honeywell International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 ABB Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Thermo Fisher Scientific, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Schneider Electric SE
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 TechnipFMC plc
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.7 Sick AG
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Badger Meter, Inc.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.9 Hoffer Flow Controls, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Spirax Sarco Limited
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
TABLE 1 Europe Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 2 Europe Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 3 Europe Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 4 Europe Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 5 Europe Midstream & Downstream Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Midstream & Downstream Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Upstream Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Upstream Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 10 Europe Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 11 Europe Hardware Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Hardware Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Software Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Support Services Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Support Services Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Flow Computer in Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Flow Computer in Oil & Gas Market by Country, 2023 - 2029, USD Million
TABLE 19 Germany Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 20 Germany Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 21 Germany Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 22 Germany Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 23 Germany Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 24 Germany Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 25 UK Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 26 UK Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 27 UK Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 28 UK Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 29 UK Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 30 UK Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 31 France Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 32 France Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 33 France Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 34 France Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 35 France Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 36 France Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 37 Russia Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 38 Russia Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 39 Russia Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 40 Russia Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 41 Russia Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 42 Russia Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 43 Spain Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 44 Spain Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 45 Spain Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 46 Spain Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 47 Spain Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 48 Spain Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 49 Italy Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 50 Italy Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 51 Italy Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 52 Italy Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 53 Italy Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 54 Italy Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 55 Rest of Europe Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 56 Rest of Europe Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 57 Rest of Europe Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 58 Rest of Europe Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 59 Rest of Europe Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 61 Key Information – Emerson Electric Co.
TABLE 62 Key Information – Honeywell International, Inc.
TABLE 63 Key Information – ABB Ltd.
TABLE 64 Key Information – Thermo Fisher Scientific, Inc.
TABLE 65 Key information – Schneider Electric SE
TABLE 66 Key Information – TechnipFMC plc
TABLE 67 Key Information – Sick AG
TABLE 68 Key Information – Badger Meter, Inc.
TABLE 69 Key Information – Hoffer Flow Controls, Inc.
TABLE 70 Key information – Spirax Sarco Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2022
FIG 3 Recent strategies and developments: Emerson Electric Co.
FIG 4 Swot analysis: Honeywell international, inc.
FIG 5 SWOT Analysis: ABB Ltd.
FIG 6 Swot analysis: thermo fisher scientific, inc.
FIG 7 Swot analysis: Schneider Electric SE
FIG 8 SWOT Analysis: Sick AG