Automation Solutions in Oil and Gas Market – Next technology evolution towards SCADA, DCS & Cloud

HTF MI recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Automation Solutions in Oil and Gas market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players mentioned in this research are 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.

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In 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.
Another trend influencing this market's 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 2017 and will reach 82400 million US$ by the end of 2025, growing at a CAGR of 1.0% during 2018-2025.

The research covers the current market size of the Global Automation Solutions in Oil and Gas market and its growth rates based on 5 year history data. It also covers various types of segmentation such as by geography [North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa], by product /end user type [Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control Systems (DCS), Manufacturing Execution System (MES), Safety Instrumented System (SIS) & Other Systems], by applications [Oil & Gas] in overall market. The in-depth information by segments of Automation Solutions in Oil and Gas market helps monitor performance & make critical decisions for growth and profitability. It provides information on trends and developments, focuses on markets and materials, capacities, technologies, CAPEX cycle and the changing structure of the Global Automation Solutions in Oil and Gas Market.

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This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of Global Automation Solutions in Oil and Gas Market, some of them are 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. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Automation Solutions in Oil and Gas in these regions, from 2013 to 2023 (forecast), covering

• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Japan, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa

Global Automation Solutions in Oil and Gas (Thousands Units) and Revenue (Million USD) Market Split by Product Type such as Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control Systems (DCS), Manufacturing Execution System (MES), Safety Instrumented System (SIS) & Other Systems
Market Segment by Type 2016 2017 2018 2019 2020 2021 2022
Supervisory Control and Data Acquisition (SCADA) xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Programmable Logic Controller (PLC) xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Distributed Control Systems (DCS) xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Manufacturing Execution System (MES) xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Safety Instrumented System (SIS) xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%
Other Systems xx xx xx xx xx Xx xx
-Change (%) xx% xx% xx% xx% xx% xx% xx%

The research study is segmented by Application such as Oil & Gas with historical and projected market share and compounded annual growth rate.
Global Automation Solutions in Oil and Gas (Thousands Units) by Application (2017-2022)
Market Segment by Application 2012 2017 2022 Market Share (%)2022 CAGR (%)
(2017-2022)
Oil xx xx xx xx% xx%
Gas xx xx xx xx% xx%
Total xx xx xx 100% xx%

Additionally the export and import policies that can make an immediate impact on the Global Automation Solutions in Oil and Gas market. This study contains a EXIM* related chapter on the Automation Solutions in Oil and Gas market and all its associated companies with their profiles, which gives valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The report on the Global Automation Solutions in Oil and Gas market is an important document for every market enthusiast, policymaker, investor, and player.

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Global Automation Solutions in Oil and Gas Market : Some insights from TOC
Chapter 1 Automation Solutions in Oil and Gas Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast
...............and many more

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