Market Challenges : Oil and Gas Pipeline Monitoring Equipment Market Globally Rise at a CAGR of 4.56% By 2021| ABB, Emerson And Schneider Electric

Albany, NY, 13th June : Recent research and the current scenario as well as future market potential of "Global Oil and Gas Pipeline Monitoring Equipment Market 2017-2021" globally.

The oil and gas pipeline monitoring equipment includes monitoring products and software. It is used for safe, reliable, fast, and efficient monitoring and control of oil and gas pipeline operations.

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The hardware components include flow meters, pressure sensors, temperature sensors, and control valves that are installed on oil and gas pipelines. The software systems include distributed control system (DCS) or programmable logic control (PLC)/supervisory control and data acquisition (SCADA).

Technavios analysts forecast the global oil and gas pipeline monitoring equipment market to grow at a CAGR of 4.56% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global oil and gas pipeline monitoring equipment market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Oil and Gas Pipeline Monitoring Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Emerson
Honeywell International
Schneider Electric
Siemens

Other prominent vendors
Badger Meter
Bentek Systems
Diehl Metering
Endress+Hauser Management
General Electric
HollySys Automation Technologies
Inductive Automation
KROHNE
Landis+Gyr
National Instruments
Outlaw Automation
Pepperl+Fuchs
PetroCloud
PSI GROUP AG
Pure Technologies
Quorum Business Solutions
Ramboll
Rockwell Automation
WIKA Instrument
Yokogawa Electric
ICONICS
Technical Toolboxes

Market driver
Rise in cross-border and cross-country pipeline infrastructure
For a full, detailed list, view our report

Market challenge
Faulty instruments increase safety challenges
For a full, detailed list, view our report

Market trend
Development of drone technology
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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This release was published on openPR.