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Global Automation Solutions in Oil and Gas market is valued at 76900 million US$ in 2018 is expected to reach 82400 million US$ by the end of 2025, growing at a CAGR of 1.0% during 2019-2025

Global Automation Solutions in Oil and Gas Market Research Report 2019

n the short term, midstream companies are minimally impacted due to low energy prices and a decline in the price of oil. Since contracts in the oil and gas industry are fee-based, most contracts are finalized at fixed rates and contain minimum volume commitments or guarantees of minimum ROI. The augmented implementation of automation solutions, such as SCADA and DCS, to overcome issues like the unstable flow of fluids in pipelines and risers in the midstream infrastructure will lead to the growth of this market over the next four years.
An trend influencing this markets growth is the availability of automation solutions on the cloud. In the oil and gas sector, automation solutions are likely to be the next logical step in the evolution of automation technology. By shifting towards cloud-based environments, oil and gas companies can significantly reduce costs, achieve greater flexibility, and enhance functionality. A cloud-based platform shifts the task of maintaining data from the oil and gas service companies to the cloud service provider and eliminates the expenses incurred and problems related to the hardware layer of IT infrastructure for companies.

The global Automation Solutions in Oil and Gas market is valued at 76900 million US$ in 2018 is expected to reach 82400 million US$ by the end of 2025, growing at a CAGR of 1.0% during 2019-2025.
This report focuses on Automation Solutions in Oil and Gas volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automation Solutions in Oil and Gas market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
ABB Ltd.
Emerson Electric Co.
Endress+Hauser AG
Fanuc Corp.
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
Mitsubishi Electric Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Yokogawa Electric Corporation

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Controller (PLC)
Distributed Control Systems (DCS)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Systems

By Industrial Application, the market can be split into:
Oil
Gas

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

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