Oil And Gas Automation Solutions Market is estimated to reach USD 37,216 Mn by 2032 Biggest Innovation with Top Key Players -ABB, Schneider Electric, Honeywell International, Eaton, Rockwell Automation, Emerson, Yokogawa Electric, OMRON, Mitsubishi Electr

The Global Oil & Gas Automation Market size accounted for USD 17,999.54 Mn in 2021 and is estimated to reach USD 37,216 Mn by 2032, with a significant CAGR of 9.7% from 2022 to 2032.

When compared to other industries, the oil & gas industry's approach to digital transformation is expected to be evolutionary rather than revolutionary. However, advancements in technologies such as the cloud, social media, big data, and analytics are driving trends with enormous potential for the oil and gas industry. By breaking down the silos of company business functions, cloud computing can improve business agility. Big data and analytics will enable corporations to analyze massive amounts of structured and unstructured data from various sources and generate real-time insights, thereby facilitating innovation.

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Global Oil And Gas Automation Solutions: Top Key Players

ABB, Schneider Electric, Honeywell International, Eaton, Rockwell Automation, Emerson, Yokogawa Electric, OMRON, Mitsubishi Electric, Siemens

Global Oil & Gas Automation Market Growth Factors

The growth of the oil & gas automation industry is driven by the rising demand for oil & gas. The industry has witnessed the importance of automation, especially in critical conditions where the human workforce could not work with constant efficiency. For instance, offshore oil & gas companies benefited greatly from automaton because of their unique environment and operating model. Many offshore platforms are constantly manned, but they are evacuated when a hurricane approaches. Many automation projects were justified because they could reduce or eliminate production lost when manually operated platforms were shut down during an evacuation. Automated platforms demonstrated the ability to stay in production for much longer periods of time, resulting in impressive, provable savings. Thus, the integration of automation in oil & gas industry is expected to be lucrative.

Global Oil & Gas Automation Market Segments

The oil & gas automation market is divided into four categories: technology, offering, process, and region. Based on technology, the market is categorized into a distributed control system (DCS), machine execution system (MES), enterprise resource planning (ERP), product lifecycle management (PLM), programmable logic controller (PLC), supervisory control and data acquisition (SCADA), and other technologies. Based on our analysis, the SCADA segment achieved a substantial market share in 2021. However, the DCS segment is likely to attain a considerable growth rate throughout the projected years 2022 - 2030.

By offering, the market is split into hardware, software, and services. Among offerings, the hardware segment accumulated a noteworthy market share in 202, whereas the software segment is anticipated to observe a substantial growth rate in the coming years.

Furthermore, the process segment is classified into upstream, midstream, and downstream. Drilling is one of the upstream segments that has benefited greatly from automation. The downstream segment transforms crude oil into usable finished products like heating oil, lubricants, plastics, synthetic rubber, pesticides, fertilizers, asphalt, and pharmaceuticals. All retail channels, such as gas stations, are incorporated in the downstream segment. Moreover, the framework is frequently more approachable in midstream oil and gas activities, and the situations can be less harsh.

Oil & Gas Automation Market Regional Stance

North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa are the market's regional segments. North America accounted for the largest share of the market during the projection period (2022- 2030). However, in the next years, the Asia-Pacific area is predicted to grow at the quickest rate.

Product types uploaded in the Oil And Gas Automation Solutions are:

SCADA, DCS, MES

Key applications of this report are:

Oil Industry, Gas Industry

Global Oil And Gas Automation Solutions: By Countries

United States

Canada

Germany

UK

France

Italy

Spain

Russia

China

Japan

South Korea

Australia

Thailand

Brazil

Argentina

Chile

South Africa

Egypt

UAE

Saudi Arabia

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Enterprise Resource and Planning (ERP) is Expected to Register a Significant Growth
ERP systems offer an integrated real-time view of core operations, such as product planning, development, manufacturing, sales, and marketing. At workstations, these ERP systems enable the scheduling and management of the workflow, while implementing a well-organized product cycle, which is done by monitoring the progress of various processes, as well as providing analytical data that aids decision-making. The features reduce excessive inventory costs. Oil and gas industries are among the early adopters for the ERP system, as the operations are highly dependent upon workflow management and market analysis. ERP providers are designing solutions specific to the upstream, midstream, and downstream activities.



As SCADA systems are capable of integration with ERP solution, real-time asset performance can be monitored and their maintenance schedules can be automated, thereby, avoiding sudden/unplanned downtime. The need for reducing the machine downtime expenses across the upstream and downstream companies supports the growth of the ERP segment in the market studied. SCADA, integrated with ERP, is becoming popular in the oil and gas industry, owing to the focus on safety. In the downstream companies, such integration is allowing companies to correctly map business processes, risk factors, and control mechanisms, thus, streamlining the resource utilization and maintenance capabilities.



Due to the growing importance of synchronizing and supplementing an organization's business processes, the demand for ERP solutions is expected to increase during the forecast period. However, the availability of open source applications, tough competition, and higher implementation costs are expected to challenge the market's growth.

Some Points from Table of Contents

Chapter 1 Toll Like Receptor 8 Introduction and Market Overview

Chapter 2 Executive Summary

Chapter 3 Industry Chain Analysis

Chapter 4 Global Oil And Gas Automation Solutions, by Type

Chapter 5 Oil And Gas Automation Solutions, by Application

Chapter 6 Global Oil And Gas Automation Solutions Analysis by Regions

Chapter 7 North America Oil And Gas Automation Solutions Analysis by Countries

Chapter 8 Europe Oil And Gas Automation Solutions Analysis by Countries

Chapter 9 Asia Pacific Oil And Gas Automation Solutions Analysis by Countries

Chapter 10 Middle East and Africa Oil And Gas Automation Solutions Analysis by Countries

Chapter 11 South America Oil And Gas Automation Solutions Analysis by Countries

Chapter 12 Competitive Landscape

Chapter 13 Industry Outlook

Chapter 14 Global Oil And Gas Automation Solutions Forecast

Chapter 15 New Project Feasibility Analysis

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Competitive Landscape
The oil and gas automation market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability. The companies operating in the market are also acquiring start-ups working on oil and gas automation to strengthen their product capabilities. In August 2018, Rockwell Automaton added five new members to its Machine Safety System Integrator program. Created in 2014, the program helps industrial companies identify system integrators with current safety standards expertise and a proven track record in designing safety systems.

Report includes Competitor's Landscape:

➊ Major trends and growth projections by region and country
➋ Key winning strategies followed by the competitors
➌ Who are the key competitors in this industry?
➍ What shall be the potential of this industry over the forecast tenure?
➎ What are the factors propelling the demand for the Toll Like Receptor 8?
➏ What are the opportunities that shall aid in significant proliferation of the market growth?
➐ What are the regional and country wise regulations that shall either hamper or boost the demand for Toll Like Receptor 8?
➑ How has the covid-19 impacted the growth of the market?
➒ Has the supply chain disruption caused changes in the entire value chain?

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