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Oil and Gas Remote Monitoring Market Analysis

  • Report ID: 2948
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Oil and Gas Remote Monitoring Market Analysis

The market is segmented based on sectors into upstream, midstream, and downstream. The upstream segment is assessed to occupy the largest market share over the forecast period ascribing to the ability of this procedure to offer high petroleum recovery from subsurface reservoirs. Additionally, the downstream segment is projected to witness the highest growth in the future owing to the fact that downstream oil and gas production companies are closer to the end user.

 

Our in-depth analysis of the global market includes the following segments:

          By Type
  • Pipeline Integrity Monitoring
  • Tank Level Monitoring
  • Equipment-based Condition Monitoring (CBM)
  • Pipeline Pressure Relief Valve Monitoring
  • Refineries Pressure Relief Valve Monitoring
  • Others

          By Sector
  • Upstream
  • Midstream
  • Downstream
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Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia


  • Report ID: 2948
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing trend of new devices and rising demand for industrial automation are the key factors driving market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Rising investment in the non- conventional source of energy and high cost of implementation are estimated to hamper market growth.

The market in Asia Pacific region will provide ample growth opportunities owing to the increasing adoption of industrial automation in the region.

The major players dominating the oil and gas remote monitoring market are Emerson, ABB Ltd, Siemens AG, Sensaphone, Honeywell International Inc., TE Connectivity, MTS Sensor Technologies GmbH, Indutrade and Robert Bosch GmbH.
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