Flow Computers Market Analysis by Industry Size, Demand, Statistics and Forecast 2024-2032
According to IMARC Group’s latest report, titled “ Flow Computers Market Report by Component, Product, End Use Industry and Region 2024-2032 ”, the global flow computers market size reached US$ 1.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.29% during 2024-2032. Flow computers convert signals from a gas measurement system to a proper form, such as flow rate. They implement algorithms using analog and digital signals from flow meters, temperature, pressure, and density transmitters. They automate the data management and collection processes so that operators can get a snapshot of the system status and make decisions quickly. They record events and alarms related to the flow meter which are used for custody or fiscal transfer. These computers keep a tally of the volume for each flow meter they monitor and generate a record of this volume on an hourly, daily, batch, or monthly basis. They pr...