Global Oil and Gas Custody Metering System Market was valued at US$ XX Bn. in 2019 and is
expected to reach US$ XX Bn at a CAGR of 6.21% during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market
leaders, followers, and disruptors. Since the lockdown was implemented differently in various
regions and countries; the impact of the same is also seen differently by regions and segments. The
report has covered the current short-term and long-term impact on the market, and it would help
the decision-makers to prepare the outline and strategies for companies by region.
Global Oil and Gas Custody Metering System MarketGlobal Oil and Gas Custody Metering System
Custody transfer metering plays a significant role throughout the global oil and gas industry. It is a
fiscal measurement system used to determine the financial value and quantity of a petroleum
The market for oil and gas custody metering systems is expected to grow significantly in the future,
thanks to rising investments for the production of oil & gas to meet the demand for petroleum
products. Technological development in the design of custody metering systems to increase
operational efficiency is expected to drive the global oil and gas custody metering system market
growth. Some of the major challenges faced by the key players such as the oil & gas industry needs
reliable, accurate measurement to maximize profitability, performance, and, the safety of their
Global Oil and Gas Custody Metering System Market Regional Insights:
North America's oil and gas custody metering system market is expected to grow at XX.86% CAGR to
be valued at US$ XX.60 Mn. by 2027 owing to rising investments in production and exploration of
shale gas. The presence of the leading market players in the USA like Emerson, ABB Ltd, and
Honeywell International Inc. are expected to contribute XX% share in the North American Market.
Furthermore, the Asia Pacific i