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Technavio's report on "Oil and Gas Pipeline Monitoring Equipment Market by Product and Geography - Forecast and Analysis 2020-2024" reveals that the market is poised to reach USD 692.10 million during 2020-2024, progressing at a CAGR of over 3%.
Leading Regional Analysis of Oil and Gas Pipeline Monitoring Equipment Market 2020-2024:
Technavio identifies APAC as the second-highest country, where the oil and gas pipeline monitoring equipment market will have the potential to reach USD 1238.74 million by 2024. Factors such as the rapid development in upstream, midstream, and downstream segments of the oil and gas industry and the construction of new oil and gas pipeline projects will drive the demand for the oil and gas pipeline monitoring equipment market during the forecast period.
Europe will be the third-highest country, where the oil and gas pipeline monitoring equipment market will have the potential to reach USD 864.11 million by 2024. The increasing number of oil and gas pipeline projects will drive the demand for the oil and gas pipeline monitoring equipment market during the forecast period.
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Oil and Gas Pipeline Monitoring Equipment Market in Oil & Gas Equipment & Services Industries during 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the oil and gas pipeline monitoring equipment market report provide a detailed analysis of around 25 vendors operating in the market. Some of these vendors include ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Huawei Investment & Holding Co. Ltd., ORBCOMM Inc., QinetiQ Ltd., Rockwell Automation Inc., Schneider Electric SE, and Siemens AG.
The report also covers the following areas:
- Oil and Gas Pipeline Monitoring Equipment Market size
- Oil and Gas Pipeline Monitoring Equipment Market trends
- Oil and Gas Pipeline Monitoring Equipment Market analysis
Key Topics Covered
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Geography
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/oil-and-gas-pipeline-monitoring-equipment-market-industry-analysis
SOURCE Technavio
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