Global Oil and Gas Automation Market 2017-2018 & 2023: $18 Bn Market Segmented by Technology (SCADA, PLC, DCS), Type of Offering, Services, and Region - ResearchAndMarkets.com
The "Global
Oil and Gas Automation Market - Segmented by Technology (SCADA, PLC,
DCS), Type of Offering, Services, and Region - Growth, Trends, and
Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's
offering.
The oil and gas automation market was valued at USD 11.23 billion in
2017 and is expected to reach a value of USD 18.03 billion by 2023 at a
CAGR of 8.02% over the forecast period (2018 - 2023).
The scope of the study covers several types of control systems and
associated instrumentation used for industrial oil & gas control, such
systems can range from large interconnected and interactive distributed
control systems with many thousands of field connections to a few
modular panel-mounted controllers.
The increasingly diverse energy market and a shortage of skilled labor
the automation of daily operations will be a key factor for sustainable
growth in the oil & gas industry. With a growing worldwide population,
the demand for new energy sources will increase as well as increase the
costs for energy companies. By automating portions of daily operations,
both on the job site and in the office, oil & gas companies can not only
create efficiencies within their business but will also mitigate the
effects caused by a lack of skilled labor currently available in the
market.
Report Highlights
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Need For Higher Productivity and Efficiency
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Distributed Control Systems to Hold a Significant Market Share
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UAE to hold the Largest Market Share in the Middle East
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Market Analysis
4. Market Dynamics
5. Industry Policies
6. Technology Snapshot
7. Global Process Automation Market Segmentation
8. Competitive Intelligence
9. Investment Analysis
10. Future of the Market
Companies Mentioned
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ABB Ltd.
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Honeywell International Inc.
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Rockwell Automation Inc.
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Mitsubishi Corporation
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Schneider Electric SE
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Emerson Electric Co.
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Eaton Corporation
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Dassault Systems
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Yokogawa Electric Corporation
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Siemens Corporation
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Robert Bosch GmbH
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Texas Instruments Inc.
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Johnson Controls Inc.
For more information about this report visit https://www.researchandmarkets.com/research/96t39v/global_oil_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005402/en/
Copyright Business Wire 2018
Source: Business Wire
(May 18, 2018 - 10:21 AM EDT)
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