Global Oil and Gas IIoT Sensors Market to Reach $2.1 Billion by 2030
The global market for Oil and Gas IIoT Sensors estimated at US$910.5 Million in the year 2022, is projected to reach a revised size of US$2.1 Billion by 2030, growing at a CAGR of 11.3% over the analysis period 2022-2030. Temperature, one of the segments analyzed in the report, is projected to record 11.2% CAGR and reach US$726.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flow segment is readjusted to a revised 11.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $273.1 Million, While China is Forecast to Grow at 10.9% CAGR
The Oil and Gas IIoT Sensors market in the U.S. is estimated at US$273.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$373.2 Million by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.7% and 9.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.Select Competitors (Total 46 Featured) -
- ABB Group
- Emerson Electric Company
- General Electric Company
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Siemens AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Emerson Electric Company
- General Electric Company
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Siemens AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 196 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 910.5 Million |
Forecasted Market Value ( USD | $ 2100 Million |
Compound Annual Growth Rate | 11.0% |
Regions Covered | Global |