Global Oil and Gas Instrumentation Market to Grow at a CAGR of 8.5% by 2021 – Key Vendors are ABB, AMETEK, Emerson, Fluid Components & Siemens – Research and Markets
DUBLIN–(BUSINESS WIRE)–The “Global
Oil and Gas Instrumentation Market 2017-2021” report has been
added to Research and Markets’ offering.
The global oil and gas instrumentation market to grow at a CAGR of 8.54%
during the period 2017-2021.
The report, Global Oil and Gas Instrumentation Market 2017-2021, has
been prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
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.
Key vendors
- ABB
- AMETEK
- Emerson
- Fluid Components
- Siemens
Other prominent vendors
- Aclara Technologies
- Badger Meter
- Branom Instrument
- Diehl Metering
- Endress+Hauser Management
- Fujikin
- Others
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market segmentation by end-user
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/jj7pcb/global_oil_and
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Related
Topics: Gas,
Oil
