The oil & gas sensors market is expected to grow from USD 7.4 billion in 2018 to USD 9.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 4%, from 2021 to 2027.
Oil and gas sensors are detectors with IoT technology that provides a high level of accuracy, reliability and flexibility for a wide range of applications in the oil and gas industry such as remote monitoring, condition monitoring, analysis and stimulation. Sensors are primarily used to detect pressure, level, flow and temperature. Due to the increase in unconventional drilling, there is a high demand for liquid level sensors in the upstream sector. Similarly, according to the Bureau of Labor Statistics, accidents in the United States during drilling and exploration activities accounted for about 40% of personnel deaths.
(Get 15% Discount on Buying this Report)
A full report of Global Oil and Gas Sensor Market is available at : https://www.orionmarketreports.com/oil-and-gas-sensor-market/50197/
Market Segmentation:
By Type:
- Pressure Sensor
- Temperature Sensor
- Flow Sensor
- Power Supply Sensors
- Fiber Optical Sensors
By Connectivity:
- Wired
- Wireless
By Application:
- Remote Monitoring
- Condition Monitoring & Maintenance
- Analysis & Simulation
Key Players
The key players of global oil & gas sensors market are Honeywell (US), Emerson (US), ABB (Switzerland), GE (US), Rockwell (US), Siemens (Germany), TE Connectivity(US), BD Sensors (Germany), Lord (US), Fortive (US), and Bosch (Germany).
Scope of the Report
The research study analyzes the global Oil and Gas Sensor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Oil and Gas Sensor Market Report
1. What was the Oil and Gas Sensor Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Oil and Gas Sensor Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Oil and Gas Sensor Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Oil and Gas Sensor market.
• The market share of the global Oil and Gas Sensor market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Oil and Gas Sensor market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Oil and Gas Sensor market.
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
