Oil and Gas Sensors - Global Strategic Business Report

Global Oil and Gas Sensors Market to Reach $14 Billion by 2030

The global market for Oil and Gas Sensors estimated at US$8.8 Billion in the year 2022, is projected to reach a revised size of US$14 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Pressure Sensor, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$5.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Temperature Sensor segment is readjusted to a revised 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 10.9% CAGR

The Oil and Gas Sensors market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.4 Billion 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 2.7% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Select Competitors (Total 36 Featured) -

• ABB Ltd
• BD Sensors Gmbh
• Emerson Electric Co.
• Fortive
• General Electric Company
• Honeywell
• Indutrade AB
• LORD Corporation
• MTS Sensors Technology Corp.
• Robert Bosch GmbH
• Rockwell Automation, Inc.
• TE Connectivity Ltd.

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
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year