Wireless M2M devices in the oil and gas industry

Wireless M2M devices in the oil and gas industry,E-lins  are M2M players that deliver solutions to a wide range of industries, including oil & gas.

North America is the most advanced market for M2M applications in the oil & gas sector. The region is also the home of a majority of the players specialising in the oil & gas industry. E-lins are major vendors of field instrumentation, equipment, services and M2M solutions for the of the oil & gas industry.

According to a new research report from E-lins (wireless m2m manufacturer), the number of devices with cellular or satellite connectivity deployed in oil & gas applications worldwide was 423,000 at the end of 2013.

Growing at a CAGR of 21.4 percent, this number is expected to reach 1.12 million by 2018. The split between cellular and satellite based M2M devices at the end of the forecast period will be 871,000 units and 244,000 units respectively. The oil & gas industry is characterized by remote and inaccessible facilities where wireless communication in many cases is the only viable option for transferring M2M data.