Press release
Oil And Gas Exploration Activities Spark Surge In Instrumentation Market Share Growth Driver: A Major Catalyst in the Evolution of the Oil And Gas Measuring Instrumentation Market Share in 2025
Oil And Gas Measuring Instrumentation Market Share
The growing oil and gas discovery efforts are predicted to accelerate the expansion of the oil and gas measuring instrumentation Market Share. Discovering new sources of oil and gas through a variety of techniques such as seismic prospecting, magnetometric prospecting, and others, forms the crux of oil and gas exploration. These measure instruments are crucial in exploration ventures, as they offer precise data on reservoir features, allowing for the proficient evaluation and streamlining of extraction procedures. For example, World Oil reported in February 2024 that a US firm that recycles, manufactures, and transports key petroleum-based and related goods, had achieved a record US crude production of 12.93 million barrels per day in 2023. This marked an 8.8% rise from 2022, largely attributed to the completion of a backlog of drilled but uncompleted wells (DUCs) in key shale areas. Thus, the escalating exploration activities in the oil and gas industry are fuelling the progress of the oil and gas measuring instrumentation Market Share.
Get Your Oil And Gas Measuring Instrumentation Market Share Report Here:
https://www.thebusinessresearchcompany.com/report/oil-and-gas-measuring-instrumentation-global-Market Share-report
What Is the projected Market Share size and growth rate for the oil and gas measuring instrumentation Market Share?
The Market Share size for measuring instrumentation in the oil and gas sector has seen robust growth in the recent past. Its expansion from $21.87 billion in 2024 to $23.09 billion in 2025 signifies a compound annual growth rate (CAGR) of 5.6%. The surge in the historical duration is a result of factors like rising oil and gas demand, increased need for petroleum products, environmental regulations, escalated exploration and extraction of shale gas, and the refurbishment of outdated oil platforms.
The Market Share size for oil and gas measuring instrumentation is projected to experience consistent expansion in the upcoming years. The value of this Market Share is forecasted to reach $27.31 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.3%. Factors attributing to the growth during the forecast period include swift industrialization, escalated offshore and deepwater activities, an intensified focus on decrementing maintenance costs, a surge in demand for mobile gas measuring instruments and a rise in oil production. Key trends anticipated in the Market Share during this period include enhancement in exploration and production methodologies, breakthroughs in artificial intelligence (AI) and machine learning (ML), rapid progress in drilling technologies, superior analytics and the incorporation of wireless and remote monitoring technologies.
Get Your Free Sample Now - Explore Exclusive Market Share Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14443&type=smp
What new trends are reshaping the oil and gas measuring instrumentation Market Share and its opportunities?
Leading firms in the oil and gas measuring instrumentation Market Share are introducing innovative, advanced instruments like the methane point instrument, broadening their offerings within the Market Share. This self-installed methane monitoring system, specifically designed for the oil and gas industry, is equipped with IoT sensors for accurate detection and quantification of emissions. For example, Schlumberger NV, a US-based oilfield services company, launched the methane point instrument in October 2023. This device is notable for its unmatched leak detection precision, compact design, durability, and ease of installation with 'plug-and-play' feature. It also incorporates a built-in solar panel, wind measurement capabilities, and methane sensing, making it easy and cost-effective to deploy across any infrastructure. This technology is consistent with the reporting requirements of the oil and gas methane partnership 2.0 (OGMP) and conforms to the proposed U.S. EPA methane regulations.
What major Market Share segments define the scope and growth of the oil and gas measuring instrumentation Market Share?
The oil and gas measuring instrumentation Market Share covered in this report is segmented -
1) By Type: Stationary Measuring Instrumentation, Portable Measuring Instrumentation, Other Types
2) By Process: Upstream Process, Midstream Process, Downstream Process
3) By Application: Oil Industry, Gas Industry, Other Applications
Subsegments:
1) By Stationary Measuring Instrumentation: Flow Meters, Pressure Sensors, Level Gauges, Temperature Sensors, Gas Analyzers
2) By Portable Measuring Instrumentation: Portable Gas Detectors, Handheld Flow Meters, Portable Pressure Gauges, Portable Temperature Meters
3) By Other Types: Density Meters, Vibration Sensors, Ultrasonic Sensors, Environmental Monitoring Instruments
Unlock Exclusive Market Share Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14443
Which region dominates the oil and gas measuring instrumentation Market Share?
North America was the largest region in the oil and gas measuring instrumentation Market Share in 2024. The regions covered in the oil and gas measuring instrumentation Market Share report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key Market Share leaders are driving the oil and gas measuring instrumentation industry growth?
Major companies operating in the oil and gas measuring instrumentation Market Share are Siemens AG, General Electric Company, Honeywell International Inc., Danaher Corporation, ABB Ltd., Schlumberger NV, Emerson Electric Co., Sika AG, Agilent Technologies Inc., Ametek Inc., Yokogawa Electric Corporation, Endress+Hauser Group AG, Krohne Messtechnik GmbH, Oxford Instruments PLC, Process Sensing Technologies Ltd., Berthold Technologies GmbH & Co.KG, WIKA Alexander Wiegand SE & Co. KG, TEGAM Inc., Noshok Inc., ABLE Instruments & Controls Ltd., Chandler Instruments Company LLC, Control Instruments Corp., NORIS Group GmbH, Nova Analytical Systems, Bourdon Instruments
Customize Your Report - Get Tailored Market Share Insights!
https://www.thebusinessresearchcompany.com/customise?id=14443&type=smp
What Is Covered In The Oil And Gas Measuring Instrumentation Global Market Share Report?
•Market Share Size Forecast: Examine the oil and gas measuring instrumentation Market Share size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the oil and gas measuring instrumentation Market Share for a structured understanding.
•Key Players Overview: Analyze major players in the oil and gas measuring instrumentation Market Share, including their Market Share value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the oil and gas measuring instrumentation Market Share.
•Segment Contributions: Evaluate how different segments drive overall growth in the oil and gas measuring instrumentation Market Share.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the oil and gas measuring instrumentation Market Share.
•Industry Challenges: Identify potential risks and obstacles affecting the oil and gas measuring instrumentation Market Share.
•Competitive Landscape: Review strategic developments in the oil and gas measuring instrumentation Market Share, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Oil And Gas Exploration Activities Spark Surge In Instrumentation Market Share Growth Driver: A Major Catalyst in the Evolution of the Oil And Gas Measuring Instrumentation Market Share in 2025 here
News-ID: 3914761 • Views: …
More Releases from The Business Research Company
Operations Support Systems And Business Support Systems (OSS And BSS) Market Sha …
What industry-specific factors are fueling the growth of the operations support systems and business support systems (oss and bss) Market Share?
A rise in the demand for cybersecurity solutions is projected to boost the expansion of the OSS and BSS Market Share. Cybersecurity solutions encompass various technologies, methods, and strategies designed to defend digital systems, networks, and data from unauthorized intrusion, cyberattacks, and other potential hazards. The escalating dependence on digital…
Cloud-Based Network Telemetry Solutions Transforming The Industry Trend: A Cruci …
Which drivers are expected to have the greatest impact on the over the network traffic analysis solutions market's growth?
The growth of the network traffic analysis solutions market is anticipated to be fuelled by the growing frequency of cyberattacks. These are detrimental attempts made by individuals or entities aiming for unauthorized intrusion into digital devices, systems, or networks, potentially causing severe disruption or damage. Given the ever-evolving sophistication of virtual threats,…
OpenStack Service Market Share Forecast 2025-2034: Evaluating Growth Factors, Se …
Which drivers are expected to have the greatest impact on the over the openstack service Market Share's growth?
The open-stack service Market Share is anticipated to expand due to the escalating demand for hybrid and multi-cloud deployments. Hybrid cloud environments include both private and public cloud services, while two or more public cloud services constitute a multi-cloud model. These mixed and multi-cloud deployments have surged in popularity due to their ability…
Key Trends Shaping the Future Network Configuration And Change Management Market …
What market dynamics are playing a key role in accelerating the growth of the network configuration and change management market?
The surge in cybersecurity dangers is projected to push the expansion of the network configuration and change management market. These risks are linked to the growing complexity and frequency of malicious acts, assaults, and susceptibilities that target digital systems, networks, and data. The rise in cybersecurity dangers stems from technological progression,…
More Releases for Measuring
Employee Engagement Survey, Measuring Employee Morale Survey, Measuring Employee …
Employees surveys are an efficient tool to understand the mood and concerns of employees, essentially throughout these challenging times. Surveys support organizations uncover the problems that impact the engagement and productivity, and when done accurately, deliver the critical data that can be leveraged to advance the company culture.
At Ken Research, the Employee Engagement Survey deliver workers the opportunity to anonymously voice concerns they may otherwise have circumvented bringing up, owing…
Measuring Employee Morale Survey, Customer Engagement Survey, Measuring Employee …
Today than ever before, the customer satisfaction is more essential. Provided the large number of choices customers have in almost every market, entities that listen to their customers have a distinct benefit. A Customer Satisfaction Survey is an invaluable tool for both small business owners and large entities. Customer Satisfaction Survey Questions can help determine how consumers are feeling about an organization’s customer service, products, web experience and services. They…
Customer Engagement Survey, Employee Strategic Alignment Survey, Measuring Emplo …
It is a very famous saying that “Customer is the King”! It is so rightly said, that Customer loyalty is something that no one can buy. It can’t be purchased by marketing campaigns or by ads. One has to earn customer loyalty by rendering the best services or products as much as one can. Every business is directly proportionate to its customers, to grow its brand and make profits the…
Net Promoter Score Survey, Customer Engagement Survey, Measuring Employee Morale …
Net promoter score (NPS) measures the entire consumer loyalty towards the brand. By eliminating the number of detractors from the promoter you will get the NPS score, which indicated how customers feel about your performance and brand. In addition, NPS is thought of as the gold standard metric that measures the customer satisfaction. The NPS is a greatly concerned loyalty metric that individual at organizations such as yours utilize to…
Global Watch Clock Measuring Device Market | Watch Clock Measuring Device Indust …
Watch, clock and measuring device market comprises of the sales of watch, clock, measuring device & related services to measure the time and physical quantity. Watch is portable timepiece, which is worn by people around the wrist, attached by a strap. Clock is a device used to measure and indicate time, using the pointers moving over a dial. Measuring device is an instrument used for measuring the various parameters in…
Measuring Performance
David Jenkins' book examines many of the more traditional measures of performance and highlights their shortcomings as well as assessing the merits of the alternative approaches that are currently available. The book concludes with a step-by-step guide to reviewing the effectiveness of an organization's existing systems for measuring performance and identifying ways of improving them.
Published by Gower March 2012 Hardback 150 pages ISBN 978-0-566-08860-5
Price £60.00/US$114.95
Available from Gower and Amazon
Gower is…
