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Middle East and Africa Oil Conditioning Monitoring Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Sampling, Sensor Type, Product, Measurement, and Industry

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    Report

  • 104 Pages
  • August 2021
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5416260
Description Jump to:
Transportation Segment to Dominate MEA Oil Conditioning Monitoring Market during 2020-2028

According to a new market research study on “MEA Oil Conditioning Monitoring Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Sampling, Sensor Type, Product, Measurement, and Industry,” is expected to reach US$ 86.66 million by 2028 from US$ 62.46 million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the MEA oil conditioning monitoring market along with the drivers and restraints pertaining to the market growth. Adoption of big data is the major factor driving the growth of the MEA oil conditioning monitoring market. However, worries about extra costs associated with retrofitting of current systems hinder the growth of MEA oil conditioning monitoring market.

Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait are the main MEA countries that are facing the effects of COVID-19 pandemic. The majority of operations in the region have been suspended due to an increase in the number of cases in the region. In order to deal with the pandemic, countries have been compelled to redirect funds to improve their healthcare infrastructure. Although oil prices have rebounded since the production reduction deal went into force in early May, the negative impact on the Middle Eastern oil producers' economies, and the energy industry has not subsided. A complete recovery might take another year or two. As a result of lower oil prices, the economies of Middle Eastern oil producers, notably Gulf Arab producers, would suffer, requiring governments in the area to slash fiscal expenditure and devote cash for rescue packages. The crisis has shown the flaws in our present economic and energy models, requiring changes to handle the post-crisis era. As a result, the demand for monitoring equipment’s in the oil industry is dwindling. As a result, the COVID-19 pandemic is limiting the demand development of oil conditioning monitoring in the Middle East and Africa

The market for oil conditioning monitoring market is segmented into sampling, sensor type, product, measurement, industry, and country. Based on sampling, the market is bifurcated into on-site and off-site. In 2020, the off-site segment held the largest share MEA oil conditioning monitoring market. By sensors type, the market is segmented into oil quality sensors, metallic particle sensors, and density/viscosity sensors. In 2020, the oil quality sensors segment held the largest share MEA oil conditioning monitoring market. The oil conditioning monitoring market, based on product, is segmented into turbines, compressors, engines, gear systems, and hydraulic systems. In 2020, the turbines segment held the largest share MEA oil conditioning monitoring market. By measurement, the market is segmented into temperature, pressure, density, viscosity, dielectric, TAN, TBN, water dilution, fuel dilution, soot, and wear particles. In 2020, the viscosity segment held the largest share MEA oil conditioning monitoring market. The oil conditioning monitoring market, based on industry, is segmented into transportation, industrial, oil & gas, energy & power, and mining. In 2020, the transportation segment held the largest share MEA oil conditioning monitoring market. The oil conditioning monitoring market, based on country, is segmented into UAE, Saudi Arabia, South Africa Rest of MEA.

CM Technologies GmbH; Hydac Technology Limited; Intertek Group Plc; SGS SA; Veritas Petroleum Services; Special Oilfield Services Co. LLC are among the leading companies in the MEA oil conditioning monitoring market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, SGS SA has launched a new testing facility, dedicated to Oil Conditioning Monitoring (OCM), in Coatzacoalcos, Mexico. The new laboratory provides a complete range of OCM services for many industries, including oil and gas, power generation, mining, aviation, transportation, seaports, building maintenance and construction

Reasons to buy:

  • To understand the MEA oil conditioning monitoring market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA oil conditioning monitoring market
  • Efficiently plan M&A and partnership deals in MEA oil conditioning monitoring market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA oil conditioning monitoring market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Oil Conditioning Monitoring Market - By Sampling
1.3.2 MEA Oil Conditioning Monitoring Market - By Sensor Type
1.3.3 MEA Oil Conditioning Monitoring Market - By Product
1.3.4 MEA Oil Conditioning Monitoring Market - By Measurement
1.3.5 MEA Oil Conditioning Monitoring Market - By Industry
1.3.6 MEA Oil Conditioning Monitoring Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Oil Conditioning Monitoring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Middle East and Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Oil Conditioning Monitoring Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Growing Demand of Cost-Effective Services
5.1.2 Rise in Demand for Power Generation
5.2 Key Market Restraints
5.2.1 Worries about Extra Costs Associated with Retrofitting of Current Systems
5.3 Key Market Opportunities
5.3.1 Adoption of Big Data
5.4 Future Trends
5.4.1 Surge in Usage of IIoT
5.5 Impact Analysis of Drivers and Restraints
6. Oil Conditioning Monitoring Market - MEA Analysis
6.1 Oil Conditioning Monitoring Market MEA Overview
6.2 Oil Conditioning Monitoring Market - MEA Revenue and Forecast to 2028 (US$ Million)
7. MEA Oil Conditioning Monitoring Market Analysis - By Sampling
7.1 Overview
7.2 MEA Oil Conditioning Monitoring Market Breakdown, By Sampling, 2020 and 2028
7.3 On-Site
7.3.1 Overview
7.3.2 On-Site: MEA Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
7.4 Off-Site
7.4.1 Overview
7.4.2 Off-Site: MEA Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Oil Conditioning Monitoring Market Analysis - By Sensor Type
8.1 Overview
8.2 MEA Oil Conditioning Monitoring Market, by Sensor Type (2020 and 2028)
8.3 Oil Quality Sensors
8.3.1 Overview
8.3.2 Oil Quality Sensors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Metallic Particle Sensors
8.4.1 Overview
8.4.2 Metallic Particles Sensors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Density/Viscosity Sensors
8.5.1 Overview
8.5.2 Density/Viscosity Sensors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9. MEA Oil Conditioning Monitoring Market Analysis - By Product
9.1 Overview
9.2 MEA Oil Conditioning Monitoring Market, by Product (2020 and 2028)
9.3 Turbines
9.3.1 Overview
9.3.2 Turbines: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Compressors
9.4.1 Overview
9.4.2 Compressors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Engines
9.5.1 Overview
9.5.2 Engines: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Gear Systems
9.6.1 Overview
9.6.2 Gear Systems: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Hydraulic Systems
9.7.1 Overview
9.7.2 Hydraulic Systems: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10. MEA Oil Conditioning Monitoring Market Analysis - By Measurement
10.1 Overview
10.2 MEA Oil Conditioning Monitoring Market, by Measurement (2020 and 2028)
10.3 Temperature
10.3.1 Overview
10.3.2 Temperature: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Pressure
10.4.1 Overview
10.4.2 Pressure: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Density
10.5.1 Overview
10.5.2 Density: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Viscosity
10.6.1 Overview
10.6.2 Viscosity: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Dielectric
10.7.1 Overview
10.7.2 Dielectric: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.8 TAN/TBN
10.8.1 Overview
10.8.2 TAN/TBN: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.9 Water Dilution
10.9.1 Overview
10.9.2 Water Dilution: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.10 Fuel Dilution
10.10.1 Overview
10.10.2 Fuel Dilution: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.11 Soot
10.11.1 Overview
10.11.2 Soot: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.12 Wear Particles
10.12.1 Overview
10.12.2 Wear Particles: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11. MEA Oil Conditioning Monitoring Market Analysis - By Industry
11.1 Overview
11.2 MEA Oil Conditioning Monitoring Market, by Industry (2020 and 2028)
11.3 Transportation
11.3.1 Overview
11.3.2 Transportation: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.4 Industrial
11.4.1 Overview
11.4.2 Industrial: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.5 Oil and Gas
11.5.1 Overview
11.5.2 Oil and Gas: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.6 Energy and Power
11.6.1 Overview
11.6.2 Energy and Power: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.7 Mining
11.7.1 Overview
11.7.2 Mining: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
12. MEA Oil Conditioning Monitoring Market - Country Analysis
12.1 Overview
12.1.1 MEA Oil Conditioning Monitoring Market Breakdown, By Country
12.1.1.1 Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
12.1.1.1.1 Saudi Arabia Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.1.2 Saudi Arabia Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.1.3 Saudi Arabia Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.1.4 Saudi Arabia Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.1.5 Saudi Arabia Oil Conditioning Monitoring Market Breakdown, by Industry
12.1.1.2 UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
12.1.1.2.1 UAE Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.2.2 UAE Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.2.3 UAE Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.2.4 UAE Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.2.5 UAE Oil Conditioning Monitoring Market Breakdown, by Industry
12.1.1.3 South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
12.1.1.3.1 South Africa Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.3.2 South Africa Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.3.3 South Africa Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.3.4 South Africa Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.3.5 South Africa Oil Conditioning Monitoring Market Breakdown, by Industry
12.1.1.4 Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
12.1.1.4.1 Rest of MEA Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.4.2 Rest of MEA Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.4.3 Rest of MEA Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.4.4 Rest of MEA Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.4.5 Rest of MEA Oil Conditioning Monitoring Market Breakdown, by Industry
13. MEA Oil Conditioning Monitoring Market - COVID-19 Impact Analysis
13.1 Middle East and Africa
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Product Development
14.4 Merger and Acquisition
15. Company Profiles
15.1 CM Technologies GmbH
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Intertek Group Plc.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.3 Hydac Technology Limited
15.3.1 Key Facts
15.3.2 Business Description
15.3.3 Products and Services
15.3.4 Financial Overview
15.3.5 SWOT Analysis
15.3.6 Key Developments
15.4 SGS SA
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Veritas Petroleum Services
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Special Oilfield Services Co. LLC
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
16. Appendix
16.1 About
16.2 Word Index
List of Tables
Table 1. MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 4. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 5. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 6. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 7. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 8. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 9. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 10. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 11. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 12. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 13. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 14. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 15. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 16. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 17. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 18. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 19. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 20. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 21. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 22. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 23. List of Abbreviation
List of Figures
Figure 1. MEA Oil Conditioning Monitoring Market Segmentation
Figure 2. MEA Oil Conditioning Monitoring Market Segmentation - By Country
Figure 3. MEA Oil Conditioning Monitoring Market Overview
Figure 4. Off-Site Sampling Held the Largest Market Share in 2020
Figure 5. Turbines Held the Largest Market Share in 2020
Figure 6. Transportation Industry Held the Largest Market Share in 2020
Figure 7. Rest of MEA was the Largest Revenue Contributor in 2020
Figure 8. Middle East and Africa - PEST Analysis
Figure 9. MEA Oil Conditioning Monitoring Market - Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. MEA Oil Conditioning Monitoring Market: Impact Analysis of Drivers and Restraints
Figure 12. MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Oil Conditioning Monitoring Market Revenue Share, By Sampling (2020 and 2028)
Figure 14. On-Site: MEA Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Off-Site: MEA Oil Conditioning Monitoring Market Revenue and Forecast to 2028(US$ Million)
Figure 16. MEA Oil Conditioning Monitoring Market Revenue Share, by Sensor Type (2020 and 2028)
Figure 17. Oil Quality Sensors: MEA Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Metallic Particles Sensors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Density/Viscosity Sensors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Oil Conditioning Monitoring Market Revenue Share, by Product (2020 and 2028)
Figure 21. Turbines: MEA Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Compressors: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Engines: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Gear Systems: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Hydraulic Systems: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Oil Conditioning Monitoring Market Revenue Share, by Measurement (2020 and 2028)
Figure 27. Temperature: MEA Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Pressure: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Density: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Viscosity: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Dielectric: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. TAN/TBN: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Water Dilution: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Fuel Dilution: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Soot: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Wear Particles: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. MEA Oil Conditioning Monitoring Market Revenue Share, by Industry (2020 and 2028)
Figure 38. Transportation: MEA Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Industrial: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Oil and Gas: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Energy and Power: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Mining: MEA Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. MEA Oil Conditioning Monitoring Market, Revenue by Country to 2028 (US$ Million)
Figure 44. MEA Oil Conditioning Monitoring Market Breakdown, By Country, 2020 & 2028 (%)
Figure 45. Saudi Arabia Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 46. UAE Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 47. South Africa Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 48. Rest of MEA Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 49. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • CM Technologies GmbH
  • Hydac Technology Limited
  • Intertek Group Plc
  • SGS SA
  • Special Oilfield Services Co. LLC
  • Veritas Petroleum Services

Table Information

Report AttributeDetails
No. of Pages104
PublishedAugust 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 62.46 Million
Forecasted Market Value ( USD ) by 2028 $ 86.66 Million
Compound Annual Growth Rate4.8%
Regions CoveredAfrica, Middle East

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