Oil & gas industry to account for a notable share in the oil condition monitoring market
19/12/2025
The oil & gas sector is poised to account for a notable share of the oil condition monitoring market by 2030, driven by the need to maintain high equipment reliability and prevent costly operational disruptions. Harsh operating conditions, complex machinery and continuous operations make real-time monitoring of lubricant health and contamination levels essential. Oil condition monitoring solutions help operators detect early signs of wear, optimise maintenance schedules and extend the service life of critical assets such as turbines, compressors, engines and hydraulic systems. The growing emphasis on operational safety, efficiency and cost management is fuelling adoption across upstream, midstream and downstream operations. As the industry navigates increasing regulatory and environmental pressures, oil monitoring is emerging as a crucial tool for sustaining performance and minimising unplanned downtime.
The Asia-Pacific region is expected to hold a significant share of the oil condition monitoring industry during the forecast period, driven by rapid industrialisation, expanding automotive and transportation sectors and increasing investments in oil & gas infrastructure.
Growing adoption of advanced monitoring technologies, coupled with rising awareness of predictive maintenance and equipment reliability, is fuelling demand across key economies such as China, India and Japan. The region’s focus on modernising industrial operations, improving operational efficiency and minimising downtime is further boosting the uptake of oil condition monitoring solutions. As industries in the Asia-Pacific region prioritise cost optimisation, sustainability and safety, the market is poised for steady growth, making the region a critical contributor to the global oil condition monitoring landscape.
Major companies operating in the oil condition monitoring market are Parker Hannifin (USA), Schaeffler AG (Germany), Ifm Electronic GmbH (Germany), Eaton (Ireland) and TE Connectivity (Ireland).
