The Prowess News

latest stock market news

The global oil and gas sensors market is projected to gain momentum from an urgent need for up-gradation, refurbishment, and modernization of the oil and gas industry. This information is published in an upcoming report by Fortune Business Insights, titled, “Oil and Gas Sensors Market Size, Share and Global Trend By Sector (Upstream, Mid-stream, Downstream), By Type (Pressure Sensor, Temperature Sensor, Level Sensor, Flow Sensor, Others), By Connectivity (Wired, Wireless), By Application (Remote Monitoring, Condition Monitoring, Analysis and Simulation) and Geography Forecast till 2026.” According to the report, growing economic extraction of shale gas and downstream activities will drive the global market during the forecast period. Additionally, development of long-distance subsea and surface pipelines for transportation of crude and natural oil is projected to affect the market positively.

For more information in the analysis of this report, visit

Fortune Business Insights lists out all the major market players operating in the global oil and gas sensors market. They are as follows:

  • Honeywell
  • Gems Sensors
  • LORD Corporation
  • Oxsensis Ltd.
  • TE Connectivity
  • Opsens Solutions
  • SGX Sensortech
  • Emerson Electric Co.
  • 3M Gas and Flame Detection
  • BEI Sensors
  • ABB
  • Pyromation
  • Smart Fibres Ltd.
  • Fafnir GmbH
  • SKF
  • Baker Hughes
  • Thermometrics Corporation
  • Siemens
  • Bosch Rexroth

Key Market Driver Modernization of oil and gas industry

Key Market Restraint Volatile crude oil prices

Request a Sample Copy of the Global Market Research Report

The report provides CAGR of the market during the forecast period between 2019 to 2026. It highlights the oil and gas sensors market trends, hindrances, key industry developments, challenges, and growth drivers. Highly accurate predictions on the changes in consumer behavior are also provided in the report. Combined with this, it offers comprehensive details on the competitive landscape of the market.

Development of Affordable Shale Gas Exploration Technology to Favor Growth in North America

Geographically, the global oil and gas sensors market is categorized into Asia Pacific, the Middle East and Africa, North America, Latin America, and Europe. Amongst these regions, North America is anticipated to influence the market positively owing to the ongoing development of cost-effective shale gas extraction and exploration technology. Newly proposed pipelines, as well as refurbishment and up-gradation of traditional oil and gas pipelines, will contribute to the growth of oil and gas sensors market size in North America and Europe. Asia Pacific and the Middle East and Africa, on the other hand, will exhibit notable growth of the market due to newly planned pipelines. It will further increase the adoption of sensors in mid-stream sectors. In developing countries, such as China and India, a rise in petroleum refining activities will increase the utilization of sensors in downstream market.

Emerson Completes Acquisition of Zedi’s Automation and Software Businesses

Emerson, a multinational corporation headquartered in the U.S., declared that it has completed the acquisition of Zedi’s automation and software businesses. Zedi, Inc. is a privately held information technology and services company, based in Canada. The addition to the latter’s cloud supervisory control and data acquisition (SCADA) platform will enable Emerson to aid oil and gas producers in boosting production and lowering operational costs through cloud-based optimization, monitoring, and control. Emerson stated that demand for energy is constantly growing around the world. Therefore, the company is focusing more on helping its consumers to maximize their resources. It has a wide range of products under automation technology section and it is working persistently to support the industry in navigating the ever-changing operational challenges and market dynamics. The addition of Zedi’s software and automation businesses will strengthen Emerson’s ability to provide its consumers the most advanced products from the field to the refinery.

Weir Oil and Gas Produces Intelligent Mud Gas Sensors to Maximize Safety

Weir Oil and Gas, a creator of innovative engineering solutions for power and industry, oil and gas, and minerals market, announced that it has achieved notable success in the field with the aid of intelligent sensors. These intelligent sensors are developed to faultlessly communicate mud gas-liquid levels to maximize safety and prevent overflows in real-time situations. They lower non-productive time, reduce cleanup cost, and provide active kick management. One of the sensors is extensively used in Wyoming region for nitrogen-aerated drilling operation.

Have Any Query? Ask Our Experts

Key Segmental Overview:

  1. By Sector
  • Upstream
  • Mid-stream
  • Downstream
  1. By Type
  • Pressure Sensor
  • Temperature Sensor
  • Level Sensor
  • Flow Sensor
  • Others
  1. By Connectivity
  • Wired
  • Wireless
  1. By Application
  • Remote Monitoring
  • Condition Monitoring
  • Analysis and Simulation
  1. By Geography
  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East and Africa (GCC, South Africa, and Rest of the Middle East and Africa)

Request for Customization:

Major Table of Content ForOil and Gas SensorsMarket:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  6. North America Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  7. Europe Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  10. Latin America Oil and Gas Sensors Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

View Related Reports:

Circuit Breaker Market to Register a CAGR of 6.97% till 2026; Rural Electrification Programs in Developing Nations to Drive the Market: Fortune Business Insights

Variable Frequency Drive (VFD) Market to Reach USD 25.19 Billion by 2026; Rising Awareness About Energy Saver Equipment to Surge Demand: Fortune Business Insights

Advanced Energy Storage System Market to Reach US$ 211.2 Bn by 2026; Increasing Number of Solar Farms Will Provide Impetus, Says Fortune Business Insights

About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email:[email protected]

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Oil & Gas Sensors Market Size, Key Analysis And Comprehensive Growth Forecast Till 2026 | Fortune Business Insights