December 7, 2018 - 1:36 PM EST
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Global Oil & Gas Automation Market by Technology, Type of Offering and Region - Growth, Trends and Forecast (2018-2023) - ResearchAndMarkets.com

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The "Oil and Gas Automation Market - Segmented By Technology (SCADA, PLC, and DCS), Type of Offering (Hardware and Software, 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 14.19 billion in 2017 and is expected to reach a value of USD 20.63 billion by 2023, at a CAGR of 6.47% over the forecast period (2018-2023).

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.

Key Highlights

  • Need For Higher Productivity and Efficiency
  • Distributed Control Systems to Hold a Significant Market Share
  • UAE to hold the Largest Market Share in the Middle East

Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Insight

4. Market Dynamics

5. Industry Policies

6. Technology Snapshot

7. Global Oil and Gas Automation Market Segmentation

8. Competitive Intelligence

9. Investment Analysis

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/zsvmln/global_oil_and?w=4

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Related Topics: Gas, Oil


Source: Business Wire (December 7, 2018 - 1:36 PM EST)

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