The IIoT sensors market size in oil and gas industry has the potential to grow by USD 470.74 million during 2021-2025, and the market’s growth momentum will decelerate during the forecast period.
This report provides a detailed analysis of the market by product (temperature sensors, flow sensors, gas sensors, pressure sensors, and others) and geography (APAC, Europe, North America, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ABB Ltd., Advantech Co. Ltd., ALTHEN GmbH, Analog Devices Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., PTC Inc., Rockwell Automation Inc., and Siemens AG.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of IIoT Sensors Market in Oil and Gas Industry
Market Competitive Analysis
The market is fragmented. ABB Ltd., Advantech Co. Ltd., ALTHEN GmbH, Analog Devices Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., PTC Inc., Rockwell Automation Inc., and Siemens AG are some of the major market participants. Factors such as growing commercial acceptance of IIoT sensors will offer immense growth opportunities. However, issues of limitations with respect to bandwidth may impede the market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this IIoT sensors market forecast in oil and gas industry report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this IIoT sensors market analysis in oil and gas industry report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- ABB Ltd.
- Advantech Co. Ltd.
- ALTHEN GmbH
- Analog Devices Inc.
- Emerson Electric Co.
- General Electric Co.
- Honeywell International Inc.
- PTC Inc.
- Rockwell Automation Inc.
- Siemens AG
IIoT Sensors Market in Oil and Gas Industry: Segmentation by Geography
For more insights on the market share of various regions Request for a FREE sample now!
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The pent-up demand from the oil and gas industry will significantly influence IIoT sensors market growth in oil and gas industry in this region.
38% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for IIoT sensors market in oil and gas industry in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the IIoT sensors market size in oil and gas industry.
IIoT Sensors Market in Oil and Gas Industry: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will IIoT sensors market growth in oil and gas industry growth during the next five years
- Precise estimation of the IIoT sensors market size in oil and gas industry and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the IIoT sensors market in oil and gas industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of IIoT sensors market vendors in oil and gas industry
We can help! Our analysts can customize this report to meet your requirements. Get in touch
|
IIoT Sensors Market In Oil And Gas Industry Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Decelerate at a CAGR of 12% |
|
Market growth 2021-2025 |
$ 470.74 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
15.92 |
|
Regional analysis |
APAC, Europe, North America, MEA, and South America |
|
Performing market contribution |
APAC at 38% |
|
Key consumer countries |
US, Russian Federation, China, Saudi Arabia, and Germany |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
ABB Ltd., Advantech Co. Ltd., ALTHEN GmbH, Analog Devices Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., PTC Inc., Rockwell Automation Inc., and Siemens AG |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |