The Latin America, Middle East and Africa Flow Computer in Oil & Gas Market would witness market growth of 7.2% CAGR during the forecast period (2023-2029).
The market is mainly driven by the rising use of flow computers in the oil and gas sector and the rise in energy consumption. In addition, the market is also being propelled by the expanding use of cutting-edge technologies like cloud computing and wireless networking in flow computers for oil & gas. The ability to remotely monitor and log data made possible by these technologies is anticipated to fuel the expansion of the flow computer market throughout the forecast period.
A typical orifice measuring application needs a temperature probe, static pressure transducer, and differential pressure transmitter. One or two wells per pad were the norm for conventional oil and gas production site designs. Modern production well pad designs feature multiple wells that can produce oil, natural gas, and water. Furthermore, an increasing number of sites have transitioned to conducting all operations at the production pad instead of the previous method of conducting facility and wellhead controls at different locations. Concentrating measurement and control in one place is necessary for modern oil and gas fields' economics.
Saudi Arabia, one of the world's leading net petroleum exporters, has approximately 17% of the world's confirmed oil reserves. Saudi Arabia contains one of the world's largest proven oil reserves. Saudi Aramco is one of the largest chemical and energy-integrated corporations. The vast reserves in the region will significantly increase the demand for flow computers to inspect, manage and transfer data in the oil and gas sector, which is expected to drive market growth in the region.
The Brazil market dominated the LAMEA 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 $25.1 million by 2029. The Argentina market is estimated to grow a CAGR of 7.7% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 6.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Flow Computer in Oil & Gas Market, by Operation
1.4.2 LAMEA Flow Computer in Oil & Gas Market, by Component
1.4.3 LAMEA 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. LAMEA Flow Computer in Oil & Gas Market by Operation
4.1 LAMEA Midstream & Downstream Market by Country
4.2 LAMEA Upstream Market by Country
Chapter 5. LAMEA Flow Computer in Oil & Gas Market by Component
5.1 LAMEA Hardware Market by Country
5.2 LAMEA Software Market by Country
5.3 LAMEA Support Services Market by Country
Chapter 6. LAMEA Flow Computer in Oil & Gas Market by Country
6.1 Brazil Flow Computer in Oil & Gas Market
6.1.1 Brazil Flow Computer in Oil & Gas Market by Operation
6.1.2 Brazil Flow Computer in Oil & Gas Market by Component
6.2 Argentina Flow Computer in Oil & Gas Market
6.2.1 Argentina Flow Computer in Oil & Gas Market by Operation
6.2.2 Argentina Flow Computer in Oil & Gas Market by Component
6.3 UAE Flow Computer in Oil & Gas Market
6.3.1 UAE Flow Computer in Oil & Gas Market by Operation
6.3.2 UAE Flow Computer in Oil & Gas Market by Component
6.4 Saudi Arabia Flow Computer in Oil & Gas Market
6.4.1 Saudi Arabia Flow Computer in Oil & Gas Market by Operation
6.4.2 Saudi Arabia Flow Computer in Oil & Gas Market by Component
6.5 South Africa Flow Computer in Oil & Gas Market
6.5.1 South Africa Flow Computer in Oil & Gas Market by Operation
6.5.2 South Africa Flow Computer in Oil & Gas Market by Component
6.6 Nigeria Flow Computer in Oil & Gas Market
6.6.1 Nigeria Flow Computer in Oil & Gas Market by Operation
6.6.2 Nigeria Flow Computer in Oil & Gas Market by Component
6.7 Rest of LAMEA Flow Computer in Oil & Gas Market
6.7.1 Rest of LAMEA Flow Computer in Oil & Gas Market by Operation
6.7.2 Rest of LAMEA 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 LAMEA Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 4 LAMEA Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 5 LAMEA Midstream & Downstream Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Midstream & Downstream Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Upstream Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Upstream Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 10 LAMEA Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 11 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Hardware Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Software Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Support Services Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Support Services Market by Country, 2023 - 2029, USD Million
TABLE 17 LAMEA Flow Computer in Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Flow Computer in Oil & Gas Market by Country, 2023 - 2029, USD Million
TABLE 19 Brazil Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 20 Brazil Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 21 Brazil Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 22 Brazil Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 23 Brazil Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 24 Brazil Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 25 Argentina Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 26 Argentina Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 27 Argentina Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 28 Argentina Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 29 Argentina Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 30 Argentina Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 31 UAE Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 32 UAE Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 33 UAE Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 34 UAE Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 35 UAE Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 36 UAE Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 37 Saudi Arabia Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 38 Saudi Arabia Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 39 Saudi Arabia Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 40 Saudi Arabia Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 41 Saudi Arabia Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 42 Saudi Arabia Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 43 South Africa Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 44 South Africa Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 45 South Africa Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 46 South Africa Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 47 South Africa Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 48 South Africa Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 49 Nigeria Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 50 Nigeria Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 51 Nigeria Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 52 Nigeria Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 53 Nigeria Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 54 Nigeria Flow Computer in Oil & Gas Market by Component, 2023 - 2029, USD Million
TABLE 55 Rest of LAMEA Flow Computer in Oil & Gas Market, 2019 - 2022, USD Million
TABLE 56 Rest of LAMEA Flow Computer in Oil & Gas Market, 2023 - 2029, USD Million
TABLE 57 Rest of LAMEA Flow Computer in Oil & Gas Market by Operation, 2019 - 2022, USD Million
TABLE 58 Rest of LAMEA Flow Computer in Oil & Gas Market by Operation, 2023 - 2029, USD Million
TABLE 59 Rest of LAMEA Flow Computer in Oil & Gas Market by Component, 2019 - 2022, USD Million
TABLE 60 Rest of LAMEA 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