Press release
Automation Solutions in Oil and Gas Market Size 2019 by Top Key Players: ABB Ltd., Emerson Electric Co., Endress+Hauser AG, Fanuc Corp., General Electric Co., Hitachi, Ltd. Honeywell International Inc. Mitsubishi Electric Corp. Rockwell Automation Inc. Sc
The ‘Automation Solutions in Oil and Gas Market’ research report assembled by Market Study Report, LLC, delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.The worldwide market for Automation Solutions in Oil and Gas is expected to grow at a CAGR of roughly 1.0% over the next five years, will reach xx million US$ in 2023, from 76900 million US$ in 2017, according to a new study.
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Market Segment by Manufacturers, this report covers
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 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.
This report focuses on the Automation Solutions in Oil and Gas in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Another 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.
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Market Segment by Type, covers
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 Applications, can be divided into
Oil
Gas
There are 15 Chapters to deeply display the global Automation Solutions in Oil and Gas market.
Chapter 1, to describe Automation Solutions in Oil and Gas Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Automation Solutions in Oil and Gas, with sales, revenue, and price of Automation Solutions in Oil and Gas, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Automation Solutions in Oil and Gas, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Automation Solutions in Oil and Gas market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Automation Solutions in Oil and Gas sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Complete report at https://www.marketstudyreport.com/reports/global-north-america-europe-asia-pacific-south-america-middle-east-and-africa-automation-solutions-in-oil-and-gas-market-2018-forecast-to-2023
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