Sensors in Oil and Gas Market Precise Outlook and Study of Top Players 2021 - Honeywell, TE Connectivity, ABB, Siemens, Rockwell Automation, Robert Bosch

Market Insights Reports released a new study on 2021-2025 Sensors in Oil and Gas Market with 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

The Global Sensors in Oil and Gas Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the Sensors in Oil and Gas market and its market dynamics for the period 2021-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

The Sensors in the Oil and Gas market is estimated to grow at a CAGR of about 6.54% over the forecast period 2021 - 2025.

Covid-19 Impact and Recovery Analysis:

The global Sensors in Oil and Gas market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

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Top Key Players in the Global Sensors in Oil and Gas Market: Honeywell, TE Connectivity, ABB, Siemens, Rockwell Automation, Robert Bosch, Omron, NXP Semiconductors, Panasonic, SKF, Hansford Sensors, STMicroelectronics, Murata Manufacturing, Analog Devices, Emerson Electric Company, GE Sensing & Inspection Technolog

Industry News and Updates:

- March 2020 - TE Connectivity Ltd. announced to acquire majority of shares (71.87%) in First Sensor. With this acquisition, the company has planned to expand its product offerings, including innovative, market-leading sensors, connectors and systems.
- September 2019 - Measurement Specialties Inc., a subsidiary of TE Connectivity Ltd. completed the acquisition of Silicon Microstructures Inc. from Elmos Semiconductor AG. SMIs micro-electro-mechanical systems (MEMS) sensor technology design and manufacturing capabilities, with TEs operational scale, customer base and existing sensors technologies leads to a more comprehensive global sensing solutions offering for customers. SMI expands TEs global leadership in pressure sensing technology, particularly in medical, transportation, and industrial applications.

This report elaborates the market size, market characteristics, and market growth of the Sensors in Oil and Gas industry, and breaks down according to the type, application, and consumption area of Sensors in Oil and Gas. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

Segmentation By Type:

Gas Sensors

Ultrasonic Sensors

Temperature Sensors

Level Sensor

Pressure Sensors

Flow Sensor

Others

Segmentation By Application:

Onshore

Offshore

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Europe Holds a Significant Market Share

- When compared o leading producers in US and the Middle East, Europe has a lower number of oil and gas rigs. Adding to this scenario, the oil production in the European Union has decreased considerably in the past few years. It is estimated that since 2016, the regions oil production has been declining by 1.2% annually.
- However, a series of successful licensing rounds and promising finds have sent a wave of optimism across the industry according to IOGPs (International Association of Oil & Gas Producers) most recent data.
- Further, the advent of wireless sensors has simplified the operations across the oil and gas sector. In Europe, I-WSN was initiated in 2015 whose objective of I-WSN is to develop a large-scale and low-cost solution for predictive maintenance and automated condition monitoring that will have a disruptive impact on the offshore maintenance and operations market.
- According to the European Space Agency (ESA), gas pipes in the EU alone stretch 140 000 km, another 40 000 km carry oil and related products. Moreover, ESA also reported that in Europe, almost half of all failures in high-pressure gas transmission pipelines are caused by excavations, construction work, and deep ploughing. Thus, monitoring applications in the oil and gas industry in the region is critical, and sensors enable to implement these applications.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Sensors in Oil and Gas Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Sensors in Oil and Gas Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

Key questions answered:

- Who are the Leading key players and what are their Key Business plans in the Global Sensors in Oil and Gas market?
- What are the key concerns of the five forces analysis of the Global Sensors in Oil and Gas market?
- What are the different prospects and threats faced by the dealers in the Global Sensors in Oil and Gas market?
- What are the strengths and weaknesses of the key vendors?

The research includes historic data from 2016 to 2021 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Customization of this Report: This report can be customized as per your needs for additional data up to 5 companies or countries or 40 analyst hours.

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