Oil & Gas Remote Monitoring Industry - Regional Synopsis
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. Asia Pacific industry is expected to dominate majority revenue share by 2037, due to increasing adoption of industrial automation in the region. According to IBEF, ONGC is investing USD 2.73 billion in drilling oil & gas wells from 2018 to 2019. Furthermore, Saudi Aramco plans to invest in the downstream sector in India. ​​​​​​
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Frequently Asked Questions (FAQ)
Oil & Gas Remote Monitoring Market size is likely to expand at significant growth rate during the forecast period i.e., between 2025-2037.
Growing trend of new devices and rising demand for industrial automation will drive the market growth.
Asia Pacific industry is expected to dominate majority revenue share by 2037, due to increasing adoption of industrial automation in the region.
The major players in the market are Emerson, ABB Ltd, Siemens AG, Sensaphone, Honeywell International Inc., TE Connectivity, MTS Sensor Technologies GmbH, Indutrade and Robert Bosch GmbH.
