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Oil and Gas Instrumentation Market Global Briefing 2017

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Oil and Gas Instrumentation

Global Oil and Gas Instrumentation Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Oil and Gas Instrumentation Market.

Companies Mentioned are 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.

The global Oil and Gas Instrumentation market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Oil and Gas Instrumentation Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Oil And Gas Instrumentation market?
  • What are the key market trends impacting the growth of the global Oil And Gas Instrumentation market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Oil And Gas Instrumentation market?
  • What are the market opportunities and threats faced by the vendors in the global Oil And Gas Instrumentation market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Oil And Gas Instrumentation market?

This independent 67 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Oil And Gas Instrumentation market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Oil And Gas Instrumentation in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Oil And Gas Instrumentation industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Oil and Gas Instrumentation industry development trends and marketing channels are analyzed.

Commenting on the report, an analyst from MIR’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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Oil And Gas Instrumentation on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Oil And Gas Instrumentation Market and assist manufacturers and investment organization to better grasp the development course of Oil And Gas Instrumentation Market.

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