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Global Oil and Gas Instruments Market Opportunity

  • Report

  • 150 Pages +
  • November 2022
  • Region: Global
  • Strategic Directions International (SDI)
  • ID: 5697507

Oil & natural gas are the world’s primary fuel sources and play an influential role in the global economy. As a whole, the oil & gas industry remains the largest single source of energy in terms of global consumption. Fossil fuels, including coal, make up more than 80% of the world’s energy supply. These non-renewable fuels provide electricity, heat, transportation and also feed into processes that make products from steel to plastics. Despite efforts to decarbonize and expand research into alternative fuel sources, even the most optimistic scenarios for reducing global dependence on fossil fuels show oil and gas dominating the energy landscape for many decades.

During the pandemic, oil and gas demand, along with prices, tumbled as countries imposed strict lockdowns to contain the spread of COVID-19. With a successful vaccination rollout, lockdowns were lifted, and demand surged. However, that surge was quickly disrupted by the invasion of Ukraine by Russia resulting in sky rocketing prices. Furthermore, inflation, geopolitical issues and the threat of an impending recession cast much uncertainty over the oil & gas industry. Amidst the gloomy overcast, the outlook for natural gas is positive even with a tightening market and increasing prices, with the more carbon friendly form of fossil fuel expected to aid in the global effort to reduce greenhouse emissions. In addition, gas accounted for nearly half of the world’s growth in energy demand, with most of the increased consumption coming from China and the United States.

Instrumentation is critical to the exploration, development, production, processing, and delivery of oil & gas products, and it also has crucial roles to play in plant and worker safety, as well as the monitoring and testing of fuels. Beyond the realm of energy, oil is also important as an industrial lubricant, and there is significant testing in this aspect of the oil & gas industry as well. As the leading provider of market research on analytical instrumentation, the analyst has crafted this report to evaluate and explain what is currently driving growth for instrumentation demand in this important end-market.

The anlayst's Oil & Gas Market Analysis and Perspective report evaluates the global analytical instrument market in the oil & gas and other closely related industries, such as environmental testing for refinery waste and utilities/power generation. In this report, the oil & gas industry is categorized into upstream, midstream, downstream, in which different testing applications are observed. The analytical instrument market in this report includes laboratory benchtop, portable, and process instruments utilized in oil & gas applications. These instruments are categorized into nine different technology groups that contribute to the overall market.

Report Overview:

Market demand is segmented by technique, region, and function, along with yearly market forecasts through 2026. The market estimates have been newly updated with 2021 as the base year and estimates are provided for the following techniques employed by the oil & gas industry:

  • Chromatography
  • Petroleum Analyzers
  • Mass Spectrometry
  • General Analytical Techniques
  • Atomic Spectroscopy
  • Process Liquid Analyzers
  • Molecular Spectroscopy
  • Process Gas Analyzers
  • Materials Characterization

Market opportunities and threats for the oil & gas industry and regional trends for the United States & Canada, Europe, China, Japan, India & Other Asia-Pacific, Latin America & the Rest of the World.

Vendor share of participating suppliers in each technology category employed by the oil & gas industry. Some of the top vendors in the overall market are presented below, in alphabetical order.

  • Agilent
  • ABB
  • AMETEK
  • Anton Paar
  • Bruker
  • Danaher
  • Drager
  • Emerson
  • Honeywell
  • Horiba
  • PAC (Roper)
  • PerkinElmer
  • Rigaku
  • Riken Keiki
  • Shimadzu
  • Siemens
  • Spectris
  • Teledyne
  • Thermo
  • Waters
  • Yokogawa

Table of Contents

Section 1. Introduction
  • Report Description
  • Executive Summary
  • Scope and Methodology
Section 2. Oil & Gas Global Landscape
  • Structure of the Oil & Gas Industry
  • Supply & Demand
  • Regional Trends
  • Opportunities & Threats
Section 3. Market Demand
  • Overall
  • Overall Demand by Product Type, 2021
  • Overall Demand by Product Type, 2021-2026
  • Overall Demand by Region, 2021-2026
  • Overall Demand by Industrial Area, 2021-2026
  • Overall Vendor Share, 2021
  • Chromatography
  • Chromatography Demand by Product Type, 2021
  • Chromatography Demand by Product Type, 2021-2026
  • Chromatography Demand by Region, 2021-2026
  • Chromatography Demand by Industrial Area, 2021-2026
  • Chromatography Vendor Share, 2021
  • Mass Spectrometry
  • Mass Spectrometry Demand by Product Type, 2021
  • Mass Spectrometry Demand by Product Type, 2021-2026
  • Mass Spectrometry Demand by Region, 2021-2026
  • Mass Spectrometry Demand by Industrial Area, 2021-2026
  • Mass Spectrometry Vendor Share, 2021
  • Atomic Spectroscopy
  • Atomic Spectroscopy Demand by Product Type, 2021
  • Atomic Spectroscopy Demand by Product Type, 2021-2026
  • Atomic Spectroscopy Demand by Region, 2021-2026
  • Atomic Spectroscopy Demand by Industrial Area, 2021-2026
  • Atomic Spectroscopy Vendor Share, 2021
  • Molecular Spectroscopy
  • Molecular Spectroscopy Demand by Product Type, 2021
  • Molecular Spectroscopy Demand by Product Type, 2021-2026
  • Molecular Spectroscopy Demand by Region, 2021-2026
  • Molecular Spectroscopy Demand by Industrial Area, 2021-2026
  • Molecular Spectroscopy Vendor Share, 2021
  • Materials Characterization
  • Materials Characterization Demand by Product Type, 2021
  • Materials Characterization Demand by Product Type, 2021-2026
  • Materials Characterization Demand by Region, 2021-2026
  • Materials Characterization Demand by Industrial Area, 2021-2026
  • Materials Characterization Vendor Share, 2021
  • Petroleum Analyzers
  • Petroleum Analyzers Demand by Product Type, 2021
  • Petroleum Analyzers Demand by Product Type, 2021-2026
  • Petroleum Analyzers Demand by Region, 2021-2026
  • Petroleum Analyzers Demand by Industrial Area, 2021-2026
  • Petroleum Analyzers Vendor Share, 2021
  • General Analytical Techniques
  • General Analytical Techniques Demand by Product Type, 2021
  • General Analytical Techniques Demand by Product Type, 2021-2026
  • General Analytical Techniques Demand by Region, 2021-2026
  • General Analytical Techniques Demand by Industrial Area, 2021-2026
  • General Analytical Techniques Vendor Share, 2021
  • Process Liquid Analyzers
  • Process Liquid Analyzers Demand by Product Type, 2021
  • Process Liquid Analyzers Demand by Product Type, 2021-2026
  • Process Liquid Analyzers Demand by Region, 2021-2026
  • Process Liquid Analyzers Demand by Industrial Area, 2021-2026
  • Process Liquid Analyzers Vendor Share, 2021
  • Process Gas Analyzers
  • Process Gas Analyzers Demand by Product Type, 2021
  • Process Gas Analyzers Demand by Product Type, 2021-2026
  • Process Gas Analyzers Demand by Region, 2021-2026
  • Process Gas Analyzers Demand by Industrial Area, 2021-2026
  • Process Gas Analyzers Vendor Share, 2021
Section 4. Appendix
  • Recent Developments
  • Recent/Upcoming Reports

Companies Mentioned

  • Agilent
  • ABB
  • AMETEK
  • Anton Paar
  • Bruker
  • Danaher
  • Drager
  • Emerson
  • Honeywell
  • Horiba
  • PAC (Roper)
  • PerkinElmer
  • Rigaku
  • Riken Keiki
  • Shimadzu
  • Siemens
  • Spectris
  • Teledyne
  • Thermo
  • Waters
  • Yokogawa