Oil & Gas Automation & Control System Market 2020: See a Big Move with Industry Trends & Forecast by 2024 | ABB, Siemens, Cameron, Emerson, GE, Honeywell, Metso, Mitsubishi Electric, Omron
Overview of Global Oil & Gas Automation & Control System Market:
Automation gives operators immediate access to important performance, condition and technical information which speeds up decision-making, troubleshooting, and performance efficiency. Drilling is an expensive process in the oil & gas industry, and it involves considerable safety risks for the workers. Automating manual portions of that process, like pipe handling and pressure drilling, can significantly reduce safety risks, and speed up the overall drilling process.
The report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the global Oil & Gas Automation & Control System market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.
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Growth in the historic period resulted from economic growth in emerging markets, the rise in awareness of the benefits and developed nations towards Oil & Gas Automation & Control System costs and an increase in the number of automation helps in diagnostics and inspections of the machinery as well. Unmanned drones or submersible devices help to monitor and aid the inspection process.
Product Type Segmentation:
The Oil & Gas Automation & Control System market have different product type such as Distributed Control System (DCS), Programmable Logic Controller (PLC), Safety Instrumented System (SIS), Supervisory Control and Data Acquisition (SCADA) and Manufacturing Execution System (MES). Oil & Gas Automation & Control System market product type gives strict restrictions that are imposed to curb the adverse effects on the environment along with, the rigid regulations imposed on oil & gas drilling activities restrict the growth of oil & gas automation and control system market.
Increasing instances across various sectors such as Offshore Drilling Platform and Onshore Oilfield are raising the need of machinery and equipments institutes, thereby raising the demand for Oil & Gas Automation & Control System market. This help in the profitable growth of the Global Oil & Gas Automation & Control System market in upcoming year.
Segmentation by Regions:
The Oil & Gas Automation & Control System market in North America has created strict restrictions that are imposed to curb the adverse effects on the environment along with, the rigid regulations imposed on oil & gas drilling activities restrict the growth of oil & gas automation and control system market in the world. It was followed by Western Europe, China, Japan, Southeast Asia, India and Central & South America regions. Asia Pacific is expected to record higher growth rate in Oil & Gas Automation & Control System Market during the forecast year.
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Top Leading Key Manufacturers are: ABB, Baker Hughes, Siemens, Cameron International, Halliburton, Emerson, GE, Honeywell, Kongsberg, Metso, Mitsubishi Electric, Omron, Rockwell Automation, Schlumberger, Schneider Electric, Weatherford, Yokogawa Electric. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Top Industry News:
Mitsubishi Electric Launches MELFA ASSISTA Series of Collaborative Robots on 20 May, 2020 -- Mitsubishi Electric Corporation announced today that on May 21 it will launch its MELFA ASSISTA series of robots that work collaboratively with humans based on safety features such as collision detection and strict compliance with the international safety and robotic standards ISO 10218-1 and ISO/TS15066. The series also will introduce an intuitive engineering software, RT VisualBox, for quick, easy system deployment. Customers will use MELFA ASSISTA and RT VisualBox to realize more efficient production, reduce the total cost of ownership (TCO) of robotic manufacturing systems, and meet new needs for adequate distancing of workers in manufacturing sites.
Simplified application development using intuitive flow-chart programming: The RT VisualBox programming tool developed by Mitsubishi Electric enables operating sequences to be created intuitively by linking block diagrams in a chain of events, including connection with other devices such as robot hands and cameras. Fast program-development and design time help to reduce system TCO.
Fast robot setup time via dedicated control panel: Robot movements can be taught and recorded quickly via a dedicated control panel on the robot arm, doing away with separate teaching boxes required for conventional industrial robots. The control panel features a simple design with a minimum number of buttons for simplicity, enabling even inexperienced users without expert knowledge of robots to set up the system with ease. Input and control devices for creating, recording and deploying movement programs
Easy monitoring of robot status via LED light: A bright LED light that uses different colors to indicate the status of the robot is located conveniently on the robot arm for easy viewing, helping to lower TCO by eliminating the need for conventional monitoring devices.
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Major Points in Table of Contents:
1 Oil & Gas Automation & Control System Product Definition
2 Global Oil & Gas Automation & Control System Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Oil & Gas Automation & Control System Shipments
2.2 Global Manufacturer Oil & Gas Automation & Control System Business Revenue
2.3 Global Oil & Gas Automation & Control System Market Overview
2.4 COVID-19 Impact on Oil & Gas Automation & Control System Industry
3 Manufacturer Oil & Gas Automation & Control System Business Introduction
3.1 ABB Oil & Gas Automation & Control System Business Introduction
3.1.1 ABB Oil & Gas Automation & Control System Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 ABB Oil & Gas Automation & Control System Business Distribution by Region
3.1.3 ABB Interview Record
3.1.4 ABB Oil & Gas Automation & Control System Business Profile
3.1.5 ABB Oil & Gas Automation & Control System Product Specification
3.2 Baker Hughes Oil & Gas Automation & Control System Business Introduction
3.2.1 Baker Hughes Oil & Gas Automation & Control System Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Baker Hughes Oil & Gas Automation & Control System Business Distribution by Region
3.2.3 Interview Record
3.2.4 Baker Hughes Oil & Gas Automation & Control System Business Overview
3.2.5 Baker Hughes Oil & Gas Automation & Control System Product Specification
3.3 Siemens Oil & Gas Automation & Control System Business Introduction
3.3.1 Siemens Oil & Gas Automation & Control System Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Siemens Oil & Gas Automation & Control System Business Distribution by Region
3.3.3 Interview Record
3.3.4 Siemens Oil & Gas Automation & Control System Business Overview
3.3.5 Siemens Oil & Gas Automation & Control System Product Specification
3.4 Cameron International Oil & Gas Automation & Control System Business Introduction
3.5 Halliburton Oil & Gas Automation & Control System Business Introduction
3.6 Emerson Oil & Gas Automation & Control System Business Introduction
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