Oil & Gas Sensors Market 2019 Global Analysis, Size, Growth, Merger, Share, Competitive Landscape, Industry Overview, And Regional Forecast To 2023
Oil & Gas Sensors Market to Rise At 6% CAGR by 2023, according to Oil & Gas Sensors Market 2019 Global Industry Analysis To 2023 report published by Market Research Future. Oil & Gas Sensors Industry report anlayzes Market for Oil & Gas Sensors till 2023.
Pune, India – July 1, 2019 /MarketersMedia/ —
Oil & Gas Sensors Market to Rise At 6% CAGR by 2023, according to Oil & Gas Sensors Market 2019 Global Industry Analysis To 2023 report published by Market Research Future. Oil & Gas Sensors Industry report anlayzes Market for Oil & Gas Sensors by Type (Pressure, Temperature, Level, Vibration), Connectivity (Wired, Wireless), Sector (Upstream, Midstream, Downstream), Region with Forecast To 2023.
Major Oil & Gas Sensors Companies covered in the market report include Bosch, Fortive, Lord, BD Sensors, TE Connectivity, Siemens, Rockwell, GE, ABB, Emerson, and Honeywell.
Free Sample “Oil & Gas Sensors Market – Global Forecast till 2023” report at: https://www.marketresearchfuture.com/sample_request/6965
Global Oil & Gas Sensors Market Highlights:
The global oil and gas sensors market is expected to exhibit a strong 4.8% CAGR over the forecast period from 2018 to 2023, according to the latest research report published by Market Research Future (MRFR). The global oil and gas sensors market is mainly driven by the growing demand for employee safety in the oil and gas industry, according to the MRFR report.
The growing risk of workplace accidents in the oil and gas industry is likely to be the major driver for the global oil and gas sensors market over the forecast period. According to the U.S. Bureau of Labor Statistics, accidents during oil drilling and exploration activities account for 40% of all workplace deaths in the industry. This has led to a growing demand for effective monitoring of oil and gas industry processes to ensure the safety of everyone involved in the operations. The increasing support from the U.S. government for safety-oriented regulations is likely to drive the oil and gas sensors market over the forecast period.
The increasing adoption of IoT technology in oil and gas sensors is likely to be a major driver for the global oil and gas sensors market over the forecast period. The Internet of Things (IoT) allows remote monitoring and lower operating costs over the long term, leading to a growing demand for IoT technology in the global oil and gas sensors market.
Global Oil & Gas Sensors Market Segments:
The global oil and gas sensors market is segmented based on connectivity, type, sector, and region.
By connectivity, the global oil and gas sensors market is segmented into wired and wireless.
By type, the global oil and gas sensors market is segmented into pressure sensors, temperature sensors, level sensors, vibration sensors, and others. Pressure sensors are likely to dominate the global oil and gas sensors market over the forecast period due to their widespread usage in upstream, midstream, as well as downstream operations in the oil and gas industry and their important role in regulating the pressure inside oil and gas pipelines and monitoring leakages and other threats.
By sector, the global oil and gas sensors market is segmented into upstream, midstream, and downstream. The downstream segment of the global oil and gas sensors market is expected to dominate the global oil and gas sensors market over the forecast period due to the growing demand for oil and gas sensors in petroleum refineries.
Regional Analysis:
By region, the Oil & Gas Sensors market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
North America is likely to dominate the global oil and gas sensors market over the forecast period due to the growing demand for unconventional drilling procedures in the region as well as the growing demand for offshore exploration and drilling. The expansion of upstream capabilities in the oil and gas sector in North America is likely to drive the demand for oil and gas sensors over the forecast period. The easy availability of advanced sensor and IoT technology in North America is also likely to be a major driver for the oil and gas sensor market in the region over the forecast period.
Europe is expected to hold the second largest share in the global oil and gas sensors market over the forecast period, mainly due to the growing demand for offshore exploration and drilling in the North Sea. The increasing petroleum refinery sector in Europe is also likely to drive the demand from the oil and gas sensors market over the forecast period.
The Middle East, Asia Pacific, and Latin America are also likely to be leading regional markets for oil and gas sensors over the forecast period due to the growing demand for offshore exploration in these regions.
TABLE OF CONTENTS:
1. EXECUTIVE SUMMARY
2. SCOPE OF THE REPORT
2.1. MARKET DEFINITION
2.2. SCOPE OF THE STUDY
2.2.1. DEFINITION
2.2.2. RESEARCH OBJECTIVE
2.2.3. ASSUMPTIONS
2.2.4. LIMITATIONS
2.3. RESEARCH PROCESS
2.3.1. PRIMARY RESEARCH
2.3.2. SECONDARY RESEARCH
2.4. MARKET SIZE ESTIMATION
2.5. FORECAST MODEL
3. MARKET LANDSCAPE
3.1. PORTER’S FIVE FORCES ANALYSIS
3.1.1. THREAT OF NEW ENTRANTS
3.1.2. BARGAINING POWER OF BUYERS
3.1.3. THREAT OF SUBSTITUTES
3.1.4. SEGMENT RIVALRY
3.1.5. BARGAINING POWER OF BUYERS
3.2. VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4. MARKET DYNAMICS
4.1. INTRODUCTION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. MARKET TRENDS
5. GLOBAL OIL & GAS SENSORS MARKET, BY CONNECTIVITY
5.1. INTRODUCTION
5.2. WIRED
5.2.1. MARKET ESTIMATES & FORECAST, 2018–2023
5.2.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
5.3. WIRELESS
5.3.1. MARKET ESTIMATES & FORECAST, 2018–2023
5.3.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
6. GLOBAL OIL & GAS SENSORS MARKET, BY TYPE
6.1. INTRODUCTION
6.2. PRESSURE SENSOR
6.2.1. MARKET ESTIMATES & FORECAST, 2018–2023
6.2.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
6.3. TEMPERATURE SENSOR
6.3.1. MARKET ESTIMATES & FORECAST, 2018–2023
6.3.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
6.4. LEVEL SENSOR
6.4.1. MARKET ESTIMATES & FORECAST, 2018–2023
6.4.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
6.5. VIBRATION SENSOR
6.5.1. MARKET ESTIMATES & FORECAST, 2018–2023
6.5.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
6.6. OTHERS
6.6.1. MARKET ESTIMATES & FORECAST, 2018–2023
6.6.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
7. GLOBAL OIL & GAS SENSORS MARKET, BY SECTOR
7.1. INTRODUCTION
7.2. UPSTREAM
7.2.1. MARKET ESTIMATES & FORECAST, 2018–2023
7.2.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
7.3. MIDSTREAM
7.3.1. MARKET ESTIMATES & FORECAST, 2018–2023
7.3.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
7.4. DOWNSTREAM
7.4.1. MARKET ESTIMATES & FORECAST, 2018–2023
7.4.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023
Continued…
LIST OF TABLES:
TABLE 1 GLOBAL OIL & GAS SENSORS MARKET: BY REGION, 2018–2023
TABLE 2 NORTH AMERICA: OIL & GAS SENSORS MARKET: BY COUNTRY, 2018–2023
TABLE 3 EUROPE OIL & GAS SENSORS MARKET: BY COUNTRY, 2018–2023
TABLE 4 ASIA-PACIFIC OIL & GAS SENSORS MARKET: BY COUNTRY, 2018–2023
TABLE 5 MIDDLE EAST & AFRICA OIL & GAS SENSORS MARKET: BY COUNTRY, 2018–2023
TABLE 6 SOUTH AMERICA OIL & GAS SENSORS MARKET: BY COUNTRY, 2018–2023
Continued…
LIST OF FIGURES:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…
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