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Global Oil and Gas Instrumentation Market 2017-2021

Global Oil and Gas Instrumentation Market 2017-2021

About Oil and Gas Instrumentation

Oil and gas instrumentation includes various measurement devices employed at different stages of petroleum value chain, i.e., upstream, midstream, and downstream. The different types of instrumentation equipment used in the oil and gas industry are flow measurement, pressure measurement, level measurement, temperature measurement, and analysis instruments.

Technavio’s analysts forecast the global oil and gas instrumentation market to grow at a CAGR of 8.54% 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 instrumentation 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
Technavio's report, Global Oil and Gas Instrumentation 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
  • AMETEK
  • Emerson
  • Fluid Components
  • Siemens
Other prominent vendors
  • Aclara Technologies
  • Badger Meter
  • Branom Instrument
  • Diehl Metering
  • Endress+Hauser Management
  • Fujikin
  • General Electric
  • HollySys Automation Technologies
  • Honeywell
  • Itron
  • KROHNE
  • Landis+Gyr
  • Mitsubishi Electric
  • National Instruments
  • Pepperl+Fuchs
  • Ramboll
  • Schneider Electric
  • WIKA Instrument
  • Yokogawa Electric
Market driver
  • Increasing safety in oil and gas storage and transportation
  • For a full, detailed list, view our report
Market challenge
  • Decline in upstream activities
  • For a full, detailed list, view our report
Market trend
  • Rising wireless field instruments
  • For a full, detailed list, view our report
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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Oil and Gas Instrumentation Market 2017-2021

Technavio recognizes the following companies as the key players in the global oil and gas instrumentation market: ABB, AMETEK, Emerson, Fluid Components, and Siemens.

Other Prominent Vendors in the market are: Aclara Technologies, Badger Meter, Branom Instrument, Diehl Metering, Endress+Hauser Management, Fujikin, General Electric, HollySys Automation Technologies, Honeywell, Itron, KROHNE, Landis+Gyr, Mitsubishi Electric, National Instruments, Pepperl+Fuchs, Ramboll, Schneider Electric, WIKA Instrument, and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rising wireless field instruments. Wireless communication to field instruments in process plants may transform the working of an industry. Although wireless technology has been widely used in process plants for a long time, the use of wireless communication to field instruments has not found much penetration.”

According to the report, one driver in the market is increasing safety in oil and gas storage and transportation. According to the IEA, the global liquid fuel consumption grew to 11.93% from 2007 to 2016, whereas the global natural gas consumption grew to 16.27% from 2007 to 2014. The rapidly increasing demand for oil and gas globally has pushed the expansion of storage capacities. Similarly, the global oil and gas trade has also seen a steep rise. The storage and logistics of oil and gas are challenging. Hence, safe handling and operations are of vital importance.

Further, the report states that one challenge in the market is decline in upstream activities. Crude oil price has seen a drastic fall since July 2014. This has heavily impacted the upstream segment of the oil and gas industry. Drilling activities have reduced, which is evident from the fall in rig count worldwide. As a result, the upstream oil and gas industry witnessed a 25% decline in investments in 2015 when compared with that in 2014. Oil and gas instruments are widely used in operations of the industry.

Companies Mentioned

ABB, AMETEK, Emerson, Fluid Components, Siemens, Aclara Technologies, Badger Meter, Branom Instrument, Diehl Metering, Endress+Hauser Management, Fujikin, General Electric, HollySys Automation Technologies, Honeywell, Itron, KROHNE, Landis+Gyr, Mitsubishi Electric, National Instruments, Pepperl+Fuchs, Ramboll, Schneider Electric, WIKA Instrument, and Yokogawa Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Instrumentation used at all stages of the petroleum value chain
      • Table Oil and gas pipeline classifications
    • Oil and gas instrumentation systems overview
  • Market landscape
    • Market overview
      • Table Segmentation of global oil and gas instrumentation market
    • Market size and forecast
      • Table Global oil and gas instrumentation market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Global oil and gas instrumentation market by geography
      • Table Global oil and gas instrumentation market by geography 2016 and 2021 (%)
      • Table Global oil and gas instrumentation market by geography 2016-2021 ($ billions)
    • Oil and gas instrumentation market in Americas
      • Table Oil and gas instrumentation market in the Americas 2016-2021 ($ billions)
    • Oil and gas instrumentation market in EMEA
      • Table Oil and gas instrumentation market in EMEA 2016-2021 ($ billions)
    • Oil and gas instrumentation market in APAC
      • Table Oil and gas instrumentation market in APAC 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Global oil and gas instrumentation market by end-user
      • Table Global oil and gas instrumentation market by end-user 2016 and 2021 (%)
      • Table Global oil and gas instrumentation market by end-user 2016-2021 ($ billions)
    • Global oil and gas instrumentation market by downstream segment
      • Table Global oil and gas instrumentation market by downstream segment 2016-2021 ($ billions)
    • Global oil and gas instrumentation market by midstream
      • Table Global oil and gas instrumentation market by midstream segment 2016-2021 ($ billions)
    • Global oil and gas instrumentation market by upstream segment
      • Table Global oil and gas instrumentation market by upstream segment 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table US Pipeline Safety Act 2011: Mandatory applications
      • Table Leak detection regulation mandates under US Pipeline Safety Act 2011
    • Market challenges
      • Table Global rig count 2014-2016
  • Market trends
    • Rising wireless field instruments
    • Big data analytics: Smart instrumentation and control systems
    • Development of drone technology
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB: Key products/service
    • AMETEK
      • Table AMETEK.: Key products/service
    • Emerson
      • Table Emerson: Key products/service
    • Fluid Components
      • Table Fluid Components: Key products/service
    • Siemens
      • Table Siemens: Key products/services
  • Appendix
    • List of abbreviations
  • Explore Technavio

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