Oil & Gas Sensors Market by Type (Pressure, Level, Flow,Temperature), Connectivity (Wired, Wireless), Application (Remote Monitoring, Condition Monitoring, Analysis), Sector (Upstream, Midstream, Downstream), and Region -Global Forecast to 2023

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Date: 02-Nov-2018
No. of pages: 113
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Increasing adoption of ultrasonic sensors is expected to drive the overall oil & gas sensors market

The oil & gas sensors market is expected to grow from USD 7.4 billion in 2018 to USD 9.4 billion by 2023,at a Compound Annual Growth Rate (CAGR) of 4.8%, from 2018 to 2023. The oil & gas sensors market is driven by various factors, such as increasing adoption of ultrasonic sensors and increasing demand for sensors due to refining capacity additions. However, rising investments in the renewable sector can hinder the growth of the oil& gas sensors market.  

Pressure sensors segment is expected to grow at a higher CAGR during the forecast period

Pressure sensors segment is the fastest growing segment in the oil & gas sensors market. This sensor is used to measure the pressure of gases or liquids. They are used to provide accurate and reliable data to detect small changes in the pressure usually in the upstream and midstream sector. Hence, increasing use of pressure sensors for upstream and midstream applications is expected to result in the highest CAGR of pressure sensors segment.

Remote monitoring segment is expected to hold the largest market share during the forecast period

Remote monitoring includes pipeline integrity monitoring, tank level monitoring, equipment-based condition monitoring (CBM), pipeline Pressure Relief Valve monitoring, refineries Pressure Relief Valve monitoring, wellhead automation, and monitoring. Remote monitoring can reduce the maintenance cost in marine environments, which are mostly corrosive and require more maintenance.

Asia Pacific is expected to record the highest growth rate during the forecast period

Asia Pacific is expected to have the highest growth rate during the forecast period because of the increasing energy consumption in the region. The oil demand in Asia Pacific would grow by an average of 2% annually by 2023. This would be driven by the rising consumption of petrochemical materials such as ethane and naphtha. It is projected that Asia Pacific would account for roughly 60% of the global oil product demand growth in the next 5 years.

In-depth interviews have been conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the oil & gas sensors market.


  • By Company Type: Tier 1- 45%, Tier 2- 35%, and Tier 3- 20%

  • By Designation: C-Level- 15%, D-Level- 25%, and Others- 60%

  • By Region: Asia Pacific- 40%, North America- 25%, Europe-20%, Middle East & Africa-10%, and South America- 5%


The oil & gas sensors market comprises major solution providers, such as Emerson (US), ABB (Switzerland), GE (US), Indutrade (Sweden), BD sensors (Germany), Lord (US), MTS Sensors (US), Bosch (Germany), Rockwell (US), TE Connectivity (Switzerland), Fortive (US), and Siemens (Germany). The study includes an in-depth competitive analysis of these key players in the oil & gas sensors market, with company profiles, recent developments, and key market strategies.

Research Coverage:

The market study covers the oil & gas sensors market across segments. It aims at estimating the market size and the growth potential of this market across different segments such as sector, application, connectivity, sensor type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the oil & gas sensors market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Oil & Gas Sensors Market by Type (Pressure, Level, Flow,Temperature), Connectivity (Wired, Wireless), Application (Remote Monitoring, Condition Monitoring, Analysis), Sector (Upstream, Midstream, Downstream), and Region -Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regional Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Oil & Gas Sensors Market, By Country
4.2 Oil & Gas Sensors Market, By Connectivity
4.3 Oil & Gas Sensors Market, By Type
4.4 Oil & Gas Sensors Market, By Application
4.5 Oil & Gas Sensors Market, By Sector
4.6 Asia Pacific Oil & Gas Sensors Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Adoption of Ultrasonic Sensors
5.2.1.2 Increasing Demand for Sensors Due to Refining Capacity Additions
5.2.1.3 Growing Iot in Oil & Gas Industry
5.2.2 Restraints
5.2.2.1 Rising Investment in the Renewable Sector Would Affect the Demand for Sensors
5.2.3 Opportunities
5.2.3.1 Increasing Unconventional Drilling Techniques Such as Mpd and Directional Drilling
5.2.3.2 Growing Offshore Investments
5.2.4 Challenges
5.2.4.1 Low Acceptance Level Toward Adopting New Technologies

6 Oil & Gas Sensors Market, By Type
6.1 Introduction
6.2 Pressure Sensor
6.2.1 34
6.3 Temperature Sensor
6.4 Level Sensor
6.5 Flow Sensor
6.6 Others

7 Oil & Gas Sensors Market, By Application
7.1 Introduction
7.2 Remote Monitoring
7.2.1 Asia Pacific is Projected to Be the Largest Market for Remote Monitoring
7.3 Condition Monitoring & Maintenance
7.3.1 North America is Projected to Be the Fastest Growing Market for Condition Monitoring & Maintenance
7.4 Analysis & Simulation
7.4.1 North America is Expected to Hold the Largest Market Share

8 Oil & Gas Sensors Market, By Connectivity
8.1 Introduction
8.2 Wired
8.2.1 North America is Expected to Be the Fastest Growing Market
8.3 Wireless
8.3.1 Wireless is Expected to Be the Fastest Growing Segment

9 Oil & Gas Sensors, By Sector
9.1 Introduction
9.2 Upstream
9.3 Midstream
9.4 Downstream

10 Oil & Gas Sensors Market, By Region
10.1 Introduction
10.2 North America
10.2.1 By Sector
10.2.2 By Type
10.2.3 By Connectivity
10.2.4 By Application
10.2.5 By Country
10.2.5.1 US
10.2.5.2 Canada
10.2.5.3 Mexico
10.3 Asia Pacific
10.3.1 By Sector
10.3.2 By Application
10.3.3 By Type
10.3.4 By Connectivity
10.3.5 By Country
10.3.5.1 China
10.3.5.2 Japan
10.3.5.3 India
10.3.5.4 Australia
10.3.5.5 Rest of Asia Pacific
10.4 Europe
10.4.1 By Sector
10.4.2 By Type
10.4.3 By Connectivity
10.4.4 By Application
10.4.5 By Country
10.4.5.1 Russia
10.4.5.2 Norway
10.4.5.3 Germany
10.4.5.4 UK
10.4.5.5 Italy
10.4.5.6 Rest of Europe
10.5 Middle East & Africa
10.5.1 By Sector
10.5.2 By Type
10.5.3 By Connectivity
10.5.4 By Application
10.5.5 By Country
10.5.5.1 Saudi Arabia
10.5.5.2 Iran
10.5.5.3 Algeria
10.5.5.4 Kuwait
10.5.5.5 Rest of Middle East & Africa
10.6 South America
10.6.1 By Sector
10.6.2 By Application
10.6.3 By Type
10.6.4 By Connectivity
10.6.5 By Country
10.6.5.1 Brazil
10.6.5.2 Argentina
10.6.5.3 Venezuela
10.6.5.4 Rest of South America

11 Competitive Landscape
11.1 Introduction
11.2 Market Share Analysis
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Mergers and Acquisitions
11.3.3 Expansions and Investments

12 Company Profiles
12.1 Benchmarking

13 Company Profile
13.1 Honeywell
13.1.1 Business Overview
13.1.2 Products Offered
13.1.3 Recent Developments
13.1.4 MnM View
13.2 Emerson
13.2.1 Business Overview
13.2.2 Products Offered
13.2.3 Recent Developments
13.2.4 MnM View
13.3 Lord
13.3.1 Business Overview
13.3.2 Products Offered
13.3.3 Recent Developments
13.4 Siemens
13.4.1 Business Overview
13.4.2 Products/Services Offered
13.4.3 Recent Developments
13.4.4 MnM View
13.5 ABB Ltd
13.5.1 Business Overview
13.5.2 Products/Services Offered
13.5.3 Recent Developments
13.5.4 MnM View
13.6 Fortive
13.6.1 Business Overview
13.6.2 Products Offered
13.6.3 Recent Developments
13.7 Rockwell
13.7.1 Business Overview
13.7.2 Products Offered
13.7.3 Recent Developments
13.8 Indutrade
13.8.1 Business Overview
13.8.2 Products Offered
13.8.3 Recent Developments
13.9 MTS Sensor Technology GmbH & Co. Kg
13.9.1 Business Overview
13.9.2 Products/Services Offered
13.9.3 Recent Developments
13.9.4 MnM View
13.10 General Electric (GE)
13.10.1 Business Overview
13.10.2 Products Offered
13.10.3 MnM View
13.11 BD Sensors
13.11.1 Business Overview
13.11.2 Products/Services Offered
13.12 Bosch
13.12.1 Business Overview
13.12.2 Products/Services Offered
13.13 TE Connectivity
13.13.1 Business Overview
13.13.2 Products/Services Offered
13.13.3 Recent Developments

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Knowledge Store: Marketsandmarkets Subscription Portal
14.5 Available Customizations
14.6 Related Reports

List of Tables

Table 1 Oil & Gas Sensors Market Snapshot
Table 2 Oil & Gas Sens0rs Market Size, By Type, 2016–2023 (USD Million)
Table 3 Pressure Sensor: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 4 Temperature Sensor: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 5 Level Sensor: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 6 Flow Sensor: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 7 Others: Oil & Gas Sensor Market Size, By Region, 2016–2023 (USD Million)
Table 8 Oil & Gas Sensors Market Size, By Application, 2016–2023 (USD Million)
Table 9 Remote Monitoring: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 10 Condition Monitoring & Maintenance: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 11 Analysis & Simulation: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 12 Oil & Gas Sensors Market Size, By Connectivity, 2016–2023 (USD Million)
Table 13 Wired: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 14 Wireless: Oil & Gas Sensors Market Size, By Region, 2016–2023 (USD Million)
Table 15 Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 16 Upstream: Oil & Gas Sensors Market, By Region, 2016–2023 (USD Million)
Table 17 Midstream: Oil & Gas Sensors Market, By Region, 2016–2023 (USD Million)
Table 18 Downstream: Oil & Gas Sensors Market, By Region, 2016–2023 (USD Million)
Table 19 Oil & Gas Sensors Market, By Region, 2016–2023 (USD Million)
Table 20 North America: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 21 North America: Oil & Gas Sensors Market, By Type, 2016–2023 (USD Million)
Table 22 North America: Oil & Gas Sensors Market, By Connectivity, 2016–2023 (USD Million)
Table 23 North America: Oil & Gas Sensors Market, By Application, 2016–2023 (USD Million)
Table 24 North America: Oil & Gas Sensors Market, By Country, 2016–2023 (USD Million)
Table 25 US: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 26 Canada: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 27 Mexico: Oil & Gas Sensors Markets, By Sensor, 2016–2023 (USD Million)
Table 28 Asia Pacific: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 29 Asia Pacific: Oil & Gas Sensors Market, By Application, 2016–2023 (USD Million)
Table 30 Asia Pacific: Oil & Gas Sensors Market, By Type, 2016–2023 (USD Million)
Table 31 Asia Pacific: Oil & Gas Sensors Market, By Connectivity, 2016–2023 (USD Million)
Table 32 Asia Pacific: Oil & Gas Sensors Market, By Country, 2016–2023 (USD Million)
Table 33 China: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 34 Japan: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 35 India: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 36 Australia: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 37 Rest of Asia Pacific: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 38 Europe: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 39 Europe: Oil & Gas Sensors Market, By Type, 2016–2023 (USD Million)
Table 40 Europe: Oil & Gas Sensors Market, By Connectivity, 2016–2023 (USD Million)
Table 41 Europe: Oil & Gas Sensors Market, By Application, 2016–2023 (USD Million)
Table 42 Europe: Oil & Gas Sensors Market Size, By Country, 2016–2023 (USD Million)
Table 43 Russia: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 44 Norway: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 45 Germany: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 46 UK: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 47 Italy: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 48 Rest of Europe: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 49 Middle East & Africa: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 50 Middle East & Africa: Oil & Gas Sensors Market, By Type, 2016–2023 (USD Million)
Table 51 Middle East & Africa: Oil & Gas Sensors Market, By Connectivity, 2016–2023 (USD Million)
Table 52 Middle East & Africa: Oil & Gas Sensors Market, By Application, 2016–2023 (USD Million)
Table 53 Middle East & Africa: Oil & Gas Sensors Market, By Country, 2016–2023 (USD Million)
Table 54 Saudi Arabia: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 55 Iran: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 56 Algeria: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 57 Kuwait: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 58 Rest of Middle East & Africa: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 59 South America: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 60 South America: Oil & Gas Sensors Market, By Application, 2016–2023 (USD Million)
Table 61 South America: Oil & Gas Sensors Market, By Type, 2016–2023 (USD Million)
Table 62 South America: Oil & Gas Sensors Market, By Connectivity, 2016–2023 (USD Million)
Table 63 South America: Oil & Gas Sensors Market, By Country, 2016–2023 (USD Million)
Table 64 Brazil: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 65 Argentina: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 66 Venezuela: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 67 Rest of South America: Oil & Gas Sensors Market, By Sector, 2016–2023 (USD Million)
Table 68 Market Share Analysis, 2017
Table 69 Developments By Key Players in the Market, 2014–2018

List of Figures

Figure 1 Oil & Gas Sensors Market Segmentation
Figure 2 Oil & Gas Sensors Market Research Design
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Assumptions of Research Study
Figure 7 Downstream Segment is Expected to Grow at the Highest Cagr During the Forecast Period
Figure 8 Pressure Sensor Segment is Expected to Lead the Oil & Gas Sensors Market During the Period28
Figure 9 Asia Pacific Dominated the Oil & Gas Sensors Market in 2017
Figure 10 Attractive Opportunities in the Oil & Gas Sensors Market, 2018–2023
Figure 11 China to Grow at the Fastest Rate in the Global Oil & Gas Sensors Market During the Period31
Figure 12 Wireless Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 13 Pressure Sensor Segment is Expected to Dominate the Oil & Gas Sensors Market During thePeriod33
Figure 14 Remote Monitoring Segment Dominated the Market in 2017, While Asia Pacific DominatedMarket 3333
Figure 15 Downstream Segment to Grow at the Fastest Rate During the Forecast Period
Figure 16 China Accounted for the Largest Share of the Asia Pacific Oil & Gas Sensors Market in 201735
Figure 17 Oil & Gas Sensors Market: Drivers, Restraints, Opportunities, & Challenges
Figure 18 Global Offshore Investment, 2018–2022 (USD Billio
Figure 19 The Others Sensor Type Segment is Expected to Grow at the Fastest Rate in the Oil 41
Figure 20 Pressure Sensor Segment, By Region, 2018–2023 (USD Million)
Figure 21 Remote Monitoring Segment Expected to Be the Fastest Growing Oil & Gas Sensors Market Period47
Figure 22 Asia Pacific: the Largest Oil & Gas Sensors Market in the Remote Monitoring Segment, 2018–202348
Figure 23 Wireless is Expected to Be the Fastest Growing Segment in the Oil & Gas Sensors MarketPer52
Figure 24 North America: the Fastest Growing Oil & Gas Sensors Market in the Wired Segment, 2018–202353
Figure 25 Downstream Segment Dominated the Sensors Market in 2017
Figure 26 Asia Pacific is Expected to Lead the Oil & Gas Sensors Market During the Forecast Period60
Figure 27 Regional Snapshot: North America
Figure 28 Regional Snapshot: Asia Pacific
Figure 29 Key Developments in the Oil & Gas Sensor Market During 2014–2018
Figure 30 Honeywell: Company Snapshot
Figure 31 Emerson: Company Snapshot
Figure 32 Lord: Company Snapshot
Figure 33 Siemens: Company Snapshot
Figure 34 ABB: Company Snapshot
Figure 35 Fortive: Company Snapshot
Figure 36 Rockwell: Company Snapshot
Figure 37 Indutrade: Company Snapshot
Figure 38 MTS Sensor Technologie GmbH: Company Snapshot
Figure 39 GE: Company Snapshot
Figure 40 BD Sensors: Company Snapshot
Figure 41 Bosch: Company Snapshot
Figure 42 TE Connectivity: Company Snapshot

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