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Global IIoT Sensors Market in Oil and Gas Industry 2018-2022

Global IIoT Sensors Market in Oil and Gas Industry 2018-2022

About IIoT Sensors in Oil and Gas Industry

IIoT sensors are devices that can communicate/deliver their readings to internet cloud services for further aggregation and analysis of trends within an industrial setting.

Technavio’s analysts forecast the global IIoT sensors market in oil and gas industry to grow at a CAGR of 5.39% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global IIoT sensors market in oil and gas industry for 2018-2022. 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
Technavio's report, Global IIoT Sensors Market in Oil and Gas Industry 2018-2022, 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 Electric
  • General Electric
  • Honeywell
  • Rockwell Automation
  • Siemens
Market driver
  • Growing commercial acceptance of IIoT sensors
  • For a full, detailed list, view our report
Market challenge
  • Threat of cyber attacks
  • For a full, detailed list, view our report
Market trend
  • Growing adoption of smart asset monitoring
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 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?


Press Release

Technavio Announces the Publication of its Research Report – Global IIoT Sensors Market in Oil and Gas Industry 2018-2022

Technavio recognizes the following companies as the key players in the global IIoT sensors market in oil and gas industry: ABB, Emerson Electric, General Electric, Honeywell, Rockwell Automation, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing adoption of smart asset monitoring. The preference for industrial internet of things enabled smart asset monitoring solutions add intelligence to automated workflows, real-time alerts, dynamic edge control of assets, cross-domain analytics, insights from data, real-time visibility, and predictive maintenance.”

According to the report, one driver in the market is growing commercial acceptance of IIoT sensors. The increase in the adoption of IIoT sensors in the oil and gas industry is mainly driven by the need to reduce costs. The installation of these sensors not only takes less time but also costs less owing to technical advances and easy assembling options that sensor manufacturers provide to end-users.

Further, the report states that one challenge in the market is threat of cyber-attacks. Oil and gas infrastructure, like all critical infrastructure, has always been a prime target for hackers. Many cyber-attacks and malware are targeted at industrial control systems, and therefore, SCADA systems are generally used to manage them.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market - Global industrial smart sensors market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global IIoT sensors market in oil and gas industry - Market size and forecast 2017-2022 ($ mn)
      • Table Global IIoT sensors market in oil and gas industry - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Temperature sensors - Market size and forecast 2017-2022
      • Table Temperature sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Types of temperature sensors
      • Table Temperature sensors - Year-over-year growth 2018-2022 (%)
    • Flow sensors - Market size and forecast 2017- 2022
      • Table Flow sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Flow sensors - Year-over-year growth 2018-2022 (%)
    • Gas sensors - Market size and forecast 2017-2022
      • Table Gas sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Gas sensors - Year-over-year growth 2018-2022 (%)
    • Pressure sensors - Market size and forecast 2017- 2022
      • Table Pressure sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Pressure sensors - Year-over-year growth 2018-2022 (%)
    • Other sensors - Market size and forecast 2017- 2022
      • Table Other sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Other sensors - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global IIoT sensors market in oil and gas industry - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Decline in price of sensors 2010-2017 (% decline)
    • Market challenges
  • Market trends
    • Growing adoption of smart asset monitoring
    • Wearable technologies gaining momentum in the oil and gas sector
    • Emergence of simplified network architecture in wireless sensors
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table ABB – Overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Emerson Electric
      • Table Emerson Electric – Overview
      • Table Emerson Electric - Business segments
      • Table Emerson Electric - Organizational developments
      • Table Emerson Electric - Geographic focus
      • Table Emerson Electric - Segment focus
      • Table Emerson Electric - Key offerings
    • General Electric
      • Table General Electric – Overview
      • Table General Electric - Business segments
      • Table General Electric - Organizational developments
      • Table General Electric - Geographic focus
      • Table General Electric - Segment focus
      • Table General Electric - Key offerings
    • Honeywell
      • Table Honeywell – Overview
      • Table Honeywell - Business segments
      • Table Honeywell - Organizational developments
      • Table Honeywell - Geographic focus
      • Table Honeywell - Segment focus
      • Table Honeywell - Key offerings
    • Rockwell Automation
      • Table Rockwell Automation – Overview
      • Table Rockwell Automation - Business segments
      • Table Rockwell Automation - Organizational developments
      • Table Rockwell Automation - Geographic focus
      • Table Rockwell Automation - Segment focus
      • Table Rockwell Automation - Key offerings
    • Siemens
      • Table Siemens – Overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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