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Water Cut Monitors Market by Sector (Upstream, Midstream, Downstream) Location (Onshore, Offshore) Application (Well Testing, Separation Vessel, LACT, Tank Farm & Pipeline, MPFM Applications, Refinery), Region - Global Forecast to 2024

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Date: 05-Dec-2019
No. of pages: 126
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“The water cut monitors market is projected to grow at a CAGR of 5.0 % from 2019 to 2024.”

The Water Cut Monitors market is expected to grow from an estimated USD 188 million in 2019 to USD 241 million by 2024, at a CAGR of 5.0%, during the forecast period. Water cut monitorsfind their area of application in the oil & gas industry, for well testing, separation vessels, multiphase flow meter (MPFM) applications, tank farms &pipeline, lease automatic custody transfer (LACT), refinery, and others. The growth of thewater cut monitors market can be attributed to the rising investment in developing pipeline infrastructure and increasing deep-water E&P activities. Additionally, the oil & gas production in mature wells results in water cut situations, consequently boosting the water cut monitors market within mature oil & gas fields.

“The Lease automatic custody transfer (LACT) segment is expected to grow at the highest CAGR from 2019 to 2024.”

The Lease automatic custody transfer (LACT) segment is estimated to be the fastest-growing segment of the water cut monitors market, by application, from 2019 to 2024.The LACT unit measures the net volume of liquid hydrocarbon, density compensation of crude, water cut, and flow rate. These factors are essential and play a crucial role in obtaining the value of the oil. The increase in import & export activities between the major oil & gas supplying and consuming nations are anticipated to boost the LACT water cut monitor market during the forecast period.

“Asia Pacific: The largest market for water cut monitors.”

The Asia Pacific market at present is the largest water cut monitors market, accompanied by the markets in Europe, North America, South America, and the Middle East & Africa. The region has an excessive demand for oil because of the increased industrialization, urbanization, and population growth. Additionally, according to the BP Energy Outlook 2040, by 2040, the Asia Pacific region is anticipated to account for around 42% of the global liquid (oil, gas-to-liquids, biofuels, and coal-to-liquids) consumption which is expected to propel the water cut monitors market in the Asia Pacific region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 60%, Tier 2- 25%, Tier 3- 15%

  • By Designation: C-Level Executive- 35%, Director Level- 25%, Others- 40%

  • By Region: North America- 30%, Europe- 23%, Asia Pacific- 17%, South America- 15%,Middle East & Africa- 15%,


Note: Others* include sales managers, engineers, and regional managers.

Note: Tier 1 Company—Revenue > USD 7 billion, Tier 2 Company—Revenue between USD 1 and USD 7 billion, and Tier 3 Company—Revenue < USD 1 billion

The key players in the water cut monitors market include Weatherford (Switzerland), Emerson(US), Phase Dynamics (US), and Ametek Inc. (US).

Research Coverage:

The report provides a picture of the water cut monitors market and its segments across industries and regions. It aims at estimating the market size and future growth potential of the market across different segments such as sector,location, application, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

Why buy this report?


  • The report identifies and addresses the critical markets for water cut monitors, which would help OEMs review the growth in demand for the product.

  • The report helps solutions providers understand the pulse of the market and provides insight into drivers, restraints, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Water Cut Monitors Market by Sector (Upstream, Midstream, Downstream) Location (Onshore, Offshore) Application (Well Testing, Separation Vessel, LACT, Tank Farm & Pipeline, MPFM Applications, Refinery), Region - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.2.1 Water Cut Monitors Market, By Application: Inclusions vs. Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakup 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 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Water Cut Monitors Market During the Forecast Period
4.2 Water Cut Monitors Market, By Region
4.3 Asia Pacific Water Cut Monitors Market, By Sector & Country
4.4 Water Cut Monitors Market, By Location
4.5 Water Cut Monitors Market, By Application
4.6 Water Cut Monitors Market, By Sector

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Real-Time Measuring Devices in North America and Europe
5.2.1.2 Advantages of Water Cut Monitors Over Conventional Measurement Techniques
5.2.2 Restraints
5.2.2.1 Fluctuating Crude Oil Prices
5.2.3 Opportunities
5.2.3.1 Digitalization of Oilfields
5.2.3.2 Lack of Players Providing Water Cut Monitors for Subsea Applications
5.2.4 Challenges
5.2.4.1 High Initial Cost of Water Cut Monitors

6 Water Cut Monitors Market, By Sector
6.1 Introduction
6.1.1 Upstream
6.1.1.1 The Demand for Water Cut Monitors in the Upstream Sector is Driven By the Rise in Digitalization and Increasing Exploration & Production Activities 40
6.1.2 Midstream
6.1.2.1 Rising Import and Export Activities Globally are Expected to Drive the Midstream Water Cut Monitors Market
6.1.3 Downstream
6.1.3.1 Rising Refining Capacities Due to Increasing Demand for Refined Products are Expected to Drive the Downstream Water Cut Monitors Market

7 Water Cut Monitors Market, By Location
7.1 Introduction
7.1.1 Onshore
7.1.1.1 Demand for Water Cut Monitors is Primarily Driven By Onshore Horizontal and Vertical Well Drilling Activities
7.1.2 Offshore
7.1.2.1 Extensive Shale Gas and Tight Oil Exploration Combined With Digitalization are Expected to Drive the Water Cut Monitors Market

8 Water Cut Monitors Market, By Application
8.1 Introduction
8.2 Separation Vessel
8.2.1 Rising Demand for Precise Monitoring Devices is Driving the Separation Vessel Water Cut Monitors Market
8.3 LACT
8.3.1 Rising Crude Oil & Gas Import Activities in the Asia Pacific Region to Drive the LACT Market During the Forecast Period
8.4 Mpfm Applications
8.4.1 The Rise in Subsea E&P Activates is Expected to Drive the Demand for Mpfm Water Cut Monitors During the Forecast Period
8.5 Tank Farm & Pipeline
8.5.1 Upcoming Pipeline Projects are Driving the Water Cut Monitors Market
8.6 Well Testing
8.6.1 Increasing Number of Well Drilling Activities are Driving the Water Cut Monitors Market
8.7 Refinery
8.7.1 Increasing Refinery Capacity and Increasing Number of Refineries are Driving the Water Cut Monitors Market
8.8 Others

9 Water Cut Monitors Market, By Region
9.1 Introduction
9.2 Asia Pacific
9.2.1 By Application
9.2.2 By Sector
9.2.3 By Location
9.2.4 By Country
9.2.4.1 China
9.2.4.1.1 Increasing Crude Oil Refining Capacity is Likely to Drive the Chinese Water Cut Monitors Market
9.2.4.2 Japan
9.2.4.2.1 Increasing Import Activities Via Marine Vessels are Likely to Drive the Water Cut Monitors Market
9.2.4.3 South Korea
9.2.4.3.1 Rising Adoption of Advanced Instruments at Refineries is Expected to Support Demand for Water Cut Monitors in South Korea
9.2.4.4 India
9.2.4.4.1 Rising Investments in Midstream Pipeline Projects are Expected to Drive the Indian Water Cut Monitors Market
9.2.4.5 Rest of Asia Pacific
9.3 North America
9.3.1 By Application
9.3.2 By Sector
9.3.3 By Location
9.3.4 By Country
9.3.4.1 US
9.3.4.1.1 Rising Drilling Activities and Increasing Trade Movement in the US are A Driving Force for the Water Cut Monitors Market
9.3.4.2 Canada
9.3.4.2.1 Rising Drilling of Oil Sands is Expected to Boost the Demand for Water Cut Monitors Operations
9.3.4.3 Mexico
9.3.4.3.1 New Offshore Activities are Expected to Boost the Demand for Water Cut Monitors Operations
9.4 Europe
9.4.1 By Application
9.4.2 By Sector
9.4.3 By Location
9.4.4 By Country
9.4.4.1 Germany
9.4.4.1.1 Rising Export of Oil is Offering Opportunities for the Water Cut Monitors Market in Germany
9.4.4.2 Russia
9.4.4.2.1 Rising E&P Activities in Russia’s Far East Region is Expected to Drive the Water Cut Monitors Market in Russia
9.4.4.3 UK
9.4.4.3.1 Redevelopments in Brownfields are Expected to Drive the UK Water Cut Monitors Market
9.4.4.4 Italy
9.4.4.4.1 Rise in Demand for Petroleum Products is Expected to Support the Growth of the Water Cut Monitors Market in Italy
9.4.4.5 France
9.4.4.5.1 Rise in Import Activities for Supplementing the Demand for Petroleum Products is Expected to Support the Growth of French Water Cut Monitors Market
9.4.4.6 Rest of Europe
9.5 Middle East & Africa
9.5.1 By Applications
9.5.2 By Sector
9.5.3 By Location
9.5.4 By Country
9.5.4.1 Saudi Arabia
9.5.4.1.1 Enhanced Crude Production From Onshore Fields and the Surge in Export are Expected to Drive the Water Cut Monitors Market
9.5.4.2 UAE
9.5.4.2.1 Demand for Water Cut Monitors Services is Likely to Grow With Rising Drilling Activities in the UAE
9.5.4.3 Egypt
9.5.4.3.1 New Discoveries in Egypt to Pave Demand for Water Cut Monitors
9.5.4.4 Nigeria
9.5.4.4.1 Rising Exploration Activities and Developments in Mature Oil & Gas Fields are Expected to Support the Water Cut Monitors Market During the Forecast Period
9.5.4.5 South Africa
9.5.4.5.1 Rising Investments in Pipeline Projects to Offer Lucrative Growth Opportunities for the Water Cut Monitors Market in South Africa
9.5.4.6 Rest of Middle East & Africa
9.6 South America
9.6.1 By Application
9.6.2 By Sector
9.6.3 By Location
9.6.4 By Country
9.6.4.1 Brazil
9.6.4.1.1 Offshore Developments are Expected to Drive the Brazilian Water Cut Monitors Market
9.6.4.2 Argentina
9.6.4.2.1 Drilling of Unconventional Oil Reserves is Expected to Drive the Water Cut Monitors Market
9.6.4.3 Colombia
9.6.4.3.1 Government Initiatives in the Development of Pipelines are Expected to Drive the Water Cut Monitors Market in Colombia
9.6.4.4 Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Ranking of Players and Industry Concentration, 2018
10.3 Competitive Scenario
10.3.1 Mergers & Acquisitions
10.3.2 Contracts & Agreements
10.3.3 New Product Launches
10.3.4 Partnerships/Collaborations/Joint Ventures/Mergers & Acquisitions
10.4 Competitive Leadership Mapping
10.4.1 Visionary Leaders
10.4.2 Innovators
10.4.3 Dynamic
10.4.4 Emerging

11 Company Profile
11.1 Weatherford
11.1.1 Business Overview
11.1.2 Product Offerings
11.1.3 Recent Developments
11.1.4 SWOT Analysis
11.1.5 MnM View
11.2 Emerson
11.2.1 Business Overview
11.2.2 Product Offerings
11.2.3 SWOT Analysis
11.2.4 MnM View
11.3 Schlumberger
11.3.1 Business Overview
11.3.2 Product Offerings
11.3.3 Recent Developments
11.3.4 SWOT Analysis
11.3.5 MnM View
11.4 TechnipFMC
11.4.1 Business Overview
11.4.2 Product Offerings
11.4.3 SWOT Analysis
11.4.4 MnM View
11.5 Ametek Inc.
11.5.1 Business Overview
11.5.2 Product Offerings
11.5.3 Recent Developments
11.5.4 SWOT Analysis
11.5.5 MnM View
11.6 EESIFLO
11.6.1 Business Overview
11.6.2 Product Offerings
11.6.3 Recent Developments
11.7 Phase Dynamics
11.7.1 Business Overview
11.7.2 Product Offerings
11.8 Zelentech
11.8.1 Business Overview
11.8.2 Product Offerings
11.8.3 Recent Developments
11.9 Kam Controls
11.9.1 Business Overview
11.9.2 Product Offerings
11.9.3 Recent Developments
11.10 M-Flow Technologies
11.10.1 Business Overview
11.10.2 Product Offerings
11.10.3 Recent Developments
11.11 Delta C Technologies
11.11.1 Business Overview
11.11.2 Product Offerings
11.12 Sentech AS
11.12.1 Business Overview
11.12.2 Product Offerings
11.13 Agar Corporation
11.13.1 Business Overview
11.13.2 Product Offerings
11.14 LEMIS Process
11.14.1 Business Overview
11.14.2 Product Offerings
11.15 Haimo Technologies
11.15.1 Business Overview
11.15.2 Product Offerings
11.16 Aquasant
11.16.1 Business Overview
11.16.2 Product Offerings

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Water Cut Monitors Market Snapshot
Table 2 Upstream Segment is Expected to Dominate the Market, By Sector, During the Forecast Period
Table 3 Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Million)
Table 4 Upstream: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 5 Midstream: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 6 Downstream: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 7 Offshore Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Table 8 Water Cut Monitors Market Size, By Location, 2017–2024 (USD Million)
Table 9 Onshore: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 10 Offshore: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 11 Water Cut Monitors Market Size, By Application, 2017–2024 (USD Million)
Table 12 Separation Vessel: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 13 LACT: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 14 Mpfm Applications: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 15 Tank Farm & Pipeline: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 16 Well Testing: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 17 Refinery: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 18 Others: Water Cut Monitors Market Size, By Region, 2017–2024 (USD Thousand)
Table 19 Water Cut Monitors Market Size, By Region, 2017–2024 (USD Million)
Table 20 Asia Pacific: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 21 Asia Pacific: Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Thousand)
Table 22 Asia Pacific: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 23 Asia Pacific: Water Cut Monitors Market Size, By Country, 2017–2024 (USD Thousand)
Table 24 China: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 25 Japan: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 26 South Korea: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 27 India: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 28 Rest of Asia Pacific: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 29 North America: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 30 North America: Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Thousand)
Table 31 North America: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 32 North America: Water Cut Monitors Market Size, By Country, 2017–2024 (USD Thousand)
Table 33 US: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 34 Canada: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 35 Mexico: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 36 Europe: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 37 Europe: Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Thousand)
Table 38 Europe: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 39 Europe: Water Cut Monitors Market Size, By Country, 2017–2024 (USD Thousand)
Table 40 Germany: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 41 Russia: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 42 UK: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 43 Italy: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 44 France: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 45 Rest of Europe: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 46 Middle East & Africa: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 47 Middle East: Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Thousand)
Table 48 Middle East & Africa: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 49 Middle East & Africa: Water Cut Monitors Market Size, By Country, 2017–2024 (USD Thousand)
Table 50 Saudi Arabia: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 51 UAE: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 52 Egypt: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 53 Nigeria: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 54 South Africa: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 55 Rest of Middle East: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 56 South America: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 57 South America: Water Cut Monitors Market Size, By Sector, 2017–2024 (USD Thousand)
Table 58 South America: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 59 South America: Water Cut Monitors Market Size, By Country, 2017–2024 (USD Thousand)
Table 60 Brazil: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 61 Argentina: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 62 Colombia: Water Cut Monitors Market Size, By Application, 2017–2024 (USD Thousand)
Table 63 Rest of South America: Water Cut Monitors Market Size, By Location, 2017–2024 (USD Thousand)
Table 64 Developments of Key Players in the Market, January 2015–November 2019

List of Figures

Figure 1 Water Cut Monitors Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 Asia Pacific Dominated the Water Cut Monitors Market in 2019
Figure 6 Upstream Segment of the Water Cut Monitors Market, By Sector, is Expected to Hold the Largest Share During the Forecast Period
Figure 7 Onshore Segment of the Water Cut Monitors Market, By Location, is Expected to Lead During the Forecast Period
Figure 8 LACT Segment is Expected to Grow at the Second Highest CAGR During the Forecast Period
Figure 9 Contracts & Agreements is the Major Strategy Adopted By Players of the Water Cut Monitors Market
Figure 10 Rising Demand for Real-Time Monitoring Devices and Increasing Drilling Activities are Driving the Water Cut Monitors Market, 2019–2024
Figure 11 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 12 Upstream Segment and China Dominated the Asia Pacific Water Cut Monitors Market in 2018
Figure 13 Onshore Segment Dominated the Water Cut Monitors Market in 2018
Figure 14 Separation Vessel Segment is Expected to Dominate the Water Cut Monitors Market, By Application, During the Forecast Period
Figure 15 Upstream Segment Dominated the Global Water Cut Monitors Market, By Sector, in 2018
Figure 16 Water Cut Monitors Market: Drivers, Restraints, Opportunities, & Challenges
Figure 17 West Texas Intermediate (Wti) Crude Oil Price, January 2013–October 2019
Figure 18 Newly Drilled Wells, 2018
Figure 19 Separation Vessel Application Segment is Expected to Lead the Water Cut Monitors Market From 2019 to 2024
Figure 20 Asia Pacific Dominated the Separation Vessel Application Segment in 2018
Figure 21 Asia Pacific is Expected to Witness the Highest CAGR in the LACT Application Segment in 2018
Figure 22 Saudi Arabia is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Asia Pacific is Expected to Dominate the Water Cut Monitors Market During the Forecast Period
Figure 24 Regional Snapshot: Asia Pacific Led the Water Cut Monitors Market in 2018
Figure 25 Regional Snapshot: North America Led the Water Cut Monitors Market in 2018
Figure 26 Key Developments in the Water Cut Monitors Market, January 2015–October 2019
Figure 27 Ranking of Key Players & Industry Concentration, 2018
Figure 28 Global Water Cut Monitors Market Competitive Leadership Mapping, 2018
Figure 29 Weatherford: Company Snapshot
Figure 30 Emerson: Company Snapshot
Figure 31 Schlumberger: Company Snapshot
Figure 32 TechnipFMC: Company Snapshot
Figure 33 Ametek Inc: Company Snapshot
Figure 34 EESIFLO: Company Snapshot
Figure 35 Phase Dynamics: Company Snapshot
Figure 36 Zelentech: Company Snapshot
Figure 37 Kam Controls: Company Snapshot
Figure 38 M-Flow Technologies: Company Snapshot
Figure 39 Delta C Technologies: Company Snapshot
Figure 40 Sentech As: Company Snapshot
Figure 41 Agar Corporation: Company Snapshot
Figure 42 LEMIS Process: Company Snapshot
Figure 43 Haimo Technologies: Company Snapshot
Figure 44 Aquasant: Company Snapshot

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