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North America 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

  • 105 Pages
  • August 2021
  • Region: North America
  • The Insight Partners
  • ID: 5416421
UP TO OFF until Jun 30th 2024
Off-Site Segment to Dominate North America Oil Conditioning Monitoring Market during 2020-2028

According to a new market research study on “North America 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$ 513.81 million by 2028 from US$ 321.97 million in 2021. The market is estimated to grow at a CAGR of 6.9% from 2021 to 2028. The report provides trends prevailing in the North America oil conditioning monitoring market along with the drivers and restraints pertaining to the market growth. Increasing demand of cost-effective services is the major factor driving the growth of the North America oil conditioning monitoring market. However, concerns about extra costs associated with retrofitting of current systems hinder the growth of North America oil conditioning monitoring market.

North America is known for the highest rate of adoption of advanced technologies due to favorable government policies to boost innovation and strengthen infrastructure capabilities. As a result, any factor affecting performance of industries in the region hinders its economic growth. Currently, the US is the world's worst-affected country due to the COVID-19 outbreak, which has led governments to impose several limitations on industrial, commercial, and public activities in the country, to control the spread of infection. The oil sector is in the midst of its third price crash in the last twelve months. The industry recovered after the first two shocks, and business as usual resumed. This time, though, things are different. The current situation includes a supply shock, a historically low demand, and a worldwide humanitarian catastrophe. Furthermore, the financial and structural health of the sector is worse than in past crises. Poor returns have been attributed to the introduction of shale, excess production, and liberal finance markets that disregarded the lack of capital discipline. With prices nearing 30-year lows and public pressure increasing, leaders recognized that change is unavoidable. The COVID-19 problem is intensifying. Therefore, the COVID-19 epidemic and its repercussions are wreaking havoc on North America's oil conditioning monitoring market

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 North America 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 North America 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 North America 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 North America 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 North America oil conditioning monitoring market. The oil conditioning monitoring market, based on country, is segmented into US, Canada, and Mexico.

CM Technologies GmbH; Des-Case; Hydac Technology Limited; Intertek Group Plc; Poseidon Systems; Rheonics Group; SGS SA; Veritas Petroleum Services; are among the leading companies in the North America 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 North America 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 North America oil conditioning monitoring market
  • Efficiently plan M&A and partnership deals in North America 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 North America oil conditioning monitoring market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Oil Conditioning Monitoring Market - By Sampling
1.3.2 North America Oil Conditioning Monitoring Market - By Sensor Type
1.3.3 North America Oil Conditioning Monitoring Market - By Product
1.3.4 North America Oil Conditioning Monitoring Market - By Measurement
1.3.5 North America Oil Conditioning Monitoring Market - By Industry
1.3.6 North America Oil Conditioning Monitoring Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Oil Conditioning Monitoring Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Oil Conditioning Monitoring Market - Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Demand of Cost-Effective Services
5.1.2 Rising Demand for Power Generation
5.2 Key Market Restraints
5.2.1 Concerns 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 Increasing Usage of IIoT
5.5 Impact Analysis of Drivers and Restraints
6. Oil Conditioning Monitoring Market - North America Analysis
6.1 Oil Conditioning Monitoring Market North America Overview
6.2 Oil Conditioning Monitoring Market - North America Revenue and Forecast to 2028 (US$ Million)
7. North America Oil Conditioning Monitoring Market Analysis - By Sampling
7.1 Overview
7.2 North America Oil Conditioning Monitoring Market Breakdown, By Sampling, 2020 and 2028
7.3 On-Site
7.3.1 Overview
7.3.2 On-Site: North America Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
7.4 Off-Site
7.4.1 Overview
7.4.2 Off-Site: North America Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
8. North America Oil Conditioning Monitoring Market Analysis - By Sensor Type
8.1 Overview
8.2 North America 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: North America 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: North America 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: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Oil Conditioning Monitoring Market Analysis - By Product
9.1 Overview
9.2 North America Oil Conditioning Monitoring Market, by Product (2020 and 2028)
9.3 Turbines
9.3.1 Overview
9.3.2 Turbines: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Compressors
9.4.1 Overview
9.4.2 Compressors: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Engines
9.5.1 Overview
9.5.2 Engines: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Gear Systems
9.6.1 Overview
9.6.2 Gear Systems: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Hydraulic Systems
9.7.1 Overview
9.7.2 Hydraulic Systems: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10. North America Oil Conditioning Monitoring Market Analysis - By Measurement
10.1 Overview
10.2 North America Oil Conditioning Monitoring Market, by Measurement (2020 and 2028)
10.3 Temperature
10.3.1 Overview
10.3.2 Temperature: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Pressure
10.4.1 Overview
10.4.2 Pressure: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Density
10.5.1 Overview
10.5.2 Density: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Viscosity
10.6.1 Overview
10.6.2 Viscosity: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Dielectric
10.7.1 Overview
10.7.2 Dielectric: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.8 TAN/TBN
10.8.1 Overview
10.8.2 TAN/TBN: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.9 Water Dilution
10.9.1 Overview
10.9.2 Water Dilution: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.10 Fuel Dilution
10.10.1 Overview
10.10.2 Fuel Dilution: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.11 Soot
10.11.1 Overview
10.11.2 Soot: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
10.12 Wear Particles
10.12.1 Overview
10.12.2 Wear Particles: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11. North America Oil Conditioning Monitoring Market Analysis - By Industry
11.1 Overview
11.2 North America Oil Conditioning Monitoring Market, by Industry (2020 and 2028)
11.3 Transportation
11.3.1 Overview
11.3.2 Transportation: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.4 Industrial
11.4.1 Overview
11.4.2 Industrial: North America 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: North America 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: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
11.7 Mining
11.7.1 Overview
11.7.2 Mining: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
12. North America Oil Conditioning Monitoring Market - Country Analysis
12.1 Overview
12.1.1 North America Oil Conditioning Monitoring Market Breakdown, by Country
12.1.1.1 US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028
12.1.1.1.1 US Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.1.2 US Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.1.3 US Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.1.4 US Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.1.5 US Oil Conditioning Monitoring Market Breakdown, by Industry
12.1.1.2 Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028
12.1.1.2.1 Canada Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.2.2 Canada Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.2.3 Canada Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.2.4 Canada Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.2.5 Canada Oil Conditioning Monitoring Market Breakdown, by Industry
12.1.1.3 Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028
12.1.1.3.1 Mexico Oil Conditioning Monitoring Market Breakdown, by Sampling
12.1.1.3.2 Mexico Oil Conditioning Monitoring Market Breakdown, by Sensor Type
12.1.1.3.3 Mexico Oil Conditioning Monitoring Market Breakdown, by Product
12.1.1.3.4 Mexico Oil Conditioning Monitoring Market Breakdown, by Measurement
12.1.1.3.5 Mexico Oil Conditioning Monitoring Market Breakdown, by Industry
13. North America Oil Conditioning Monitoring Market - COVID-19 Impact Analysis
13.1 Overview
13.2 North America
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 Poseidon Systems
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 CM Technologies GmbH
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 Intertek Group Plc.
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 Des-Case
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 Hydac Technology Limited
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 Rheonics Group
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
15.7 SGS SA
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 Veritas Petroleum Services
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
16. Appendix
16.1 About
16.2 Word Index
List of Tables
Table 1. North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 4. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 5. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 6. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 7. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 8. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 9. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 10. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 11. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 12. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 13. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sampling (US$ Million)
Table 14. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Sensor Type (US$ Million)
Table 15. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Product (US$ Million)
Table 16. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Measurement (US$ Million)
Table 17. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 - By Industry (US$ Million)
Table 18. List of Abbreviation
List of Figures
Figure 1. North America Oil Conditioning Monitoring Market Segmentation
Figure 2. North America Oil Conditioning Monitoring Market Segmentation - By Country
Figure 3. North America 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. US was the Largest Revenue Contributor in 2020
Figure 8. North America - PEST Analysis
Figure 9. North America Oil Conditioning Monitoring Market - Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. North America Oil Conditioning Monitoring Market: Impact Analysis of Drivers and Restraints
Figure 12. North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Oil Conditioning Monitoring Market Revenue Share, By Sampling (2020 and 2028)
Figure 14. On-Site: North America Oil Conditioning Monitoring Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Off-Site: North America Oil Conditioning Monitoring Market Revenue and Forecast to 2028(US$ Million)
Figure 16. North America Oil Conditioning Monitoring Market Revenue Share, by Sensor Type (2020 and 2028)
Figure 17. Oil Quality Sensors: North America Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Metallic Particles Sensors: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Density/Viscosity Sensors: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Oil Conditioning Monitoring Market Revenue Share, by Product (2020 and 2028)
Figure 21. Turbines: North America Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Compressors: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Engines: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Gear Systems: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Hydraulic Systems: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Oil Conditioning Monitoring Market Revenue Share, by Measurement (2020 and 2028)
Figure 27. Temperature: North America Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Pressure: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Density: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Viscosity: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Dielectric: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. TAN/TBN: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Water Dilution: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Fuel Dilution: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Soot: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Wear Particles: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. North America Oil Conditioning Monitoring Market Revenue Share, by Industry (2020 and 2028)
Figure 38. Transportation: North America Oil Conditioning Monitoring - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Industrial: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Oil and Gas: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Energy and Power: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. Mining: North America Oil Conditioning Monitoring Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. North America Oil Conditioning Monitoring Market, Revenue by Country to 2028 (US$ Million)
Figure 44. North America Oil Conditioning Monitoring Market Breakdown, by Country, 2020 & 2028 (%)
Figure 45. US Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 46. Canada Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 47. Mexico Oil Conditioning Monitoring Market, Revenue and Forecast to 2028 (US$ Million)
Figure 48. Impact of COVID-19 Pandemic in North America Countries

Companies Mentioned (Partial List)

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

  • CM Technologies GmbH
  • Des-Case
  • Hydac Technology Limited
  • Intertek Group Plc
  • Poseidon Systems
  • Rheonics Group
  • SGS SA
  • Veritas Petroleum Services

Table Information