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Automation Solutions in Oil and Gas-Global Market Insights and Sales Trends 2024
Synopsis
In 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.
The global Automation Solutions in Oil and Gas market size is expected to reach US$ 83510 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automation Solutions in Oil and Gas in various end use industries. The expanding demands from the Oil and Gas, are propelling Automation Solutions in Oil and Gas market. Supervisory Control and Data Acquisition (SCADA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Programmable Logic Controller (PLC) segment is estimated at % CAGR for the next seven-year period.
Another trend influencing this market’s 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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automation Solutions in Oil and Gas, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automation Solutions in Oil and Gas market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automation Solutions in Oil and Gas market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automation Solutions in Oil and Gas sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automation Solutions in Oil and Gas covered in this report include ABB Ltd., Emerson Electric Co., Endress+Hauser AG, Fanuc Corp., General Electric Co., Hitachi, Ltd., Honeywell International Inc., Mitsubishi Electric Corp. and Rockwell Automation Inc., etc.
The global Automation Solutions in Oil and Gas market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Automation Solutions in Oil and Gas market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automation Solutions in Oil and Gas market, Segment by Type:
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Controller (PLC)
Distributed Control Systems (DCS)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Other Systems
Global Automation Solutions in Oil and Gas market, by Application
Oil
Gas
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automation Solutions in Oil and Gas companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
In 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.
The global Automation Solutions in Oil and Gas market size is expected to reach US$ 83510 million by 2029, growing at a CAGR of 2.3% from 2023 to 2029. The market is mainly driven by the significant applications of Automation Solutions in Oil and Gas in various end use industries. The expanding demands from the Oil and Gas, are propelling Automation Solutions in Oil and Gas market. Supervisory Control and Data Acquisition (SCADA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Programmable Logic Controller (PLC) segment is estimated at % CAGR for the next seven-year period.
Another trend influencing this market’s 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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automation Solutions in Oil and Gas, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automation Solutions in Oil and Gas market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automation Solutions in Oil and Gas market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automation Solutions in Oil and Gas sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automation Solutions in Oil and Gas covered in this report include ABB Ltd., Emerson Electric Co., Endress+Hauser AG, Fanuc Corp., General Electric Co., Hitachi, Ltd., Honeywell International Inc., Mitsubishi Electric Corp. and Rockwell Automation Inc., etc.
The global Automation Solutions in Oil and Gas market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Automation Solutions in Oil and Gas market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automation Solutions in Oil and Gas market, Segment by Type:
Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Controller (PLC)
Distributed Control Systems (DCS)
Manufacturing Execution System (MES)
Safety Instrumented System (SIS)
Other Systems
Global Automation Solutions in Oil and Gas market, by Application
Oil
Gas
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automation Solutions in Oil and Gas companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automation Solutions in Oil and Gas
1.1 Automation Solutions in Oil and Gas Market Overview
1.1.1 Automation Solutions in Oil and Gas Product Scope
1.1.2 Automation Solutions in Oil and Gas Market Status and Outlook
1.2 Global Automation Solutions in Oil and Gas Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automation Solutions in Oil and Gas Market Size by Region (2018-2029)
1.4 Global Automation Solutions in Oil and Gas Historic Market Size by Region (2018-2023)
1.5 Global Automation Solutions in Oil and Gas Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automation Solutions in Oil and Gas Market Size (2018-2029)
1.6.1 North America Automation Solutions in Oil and Gas Market Size (2018-2029)
1.6.2 Europe Automation Solutions in Oil and Gas Market Size (2018-2029)
1.6.3 Asia-Pacific Automation Solutions in Oil and Gas Market Size (2018-2029)
1.6.4 Latin America Automation Solutions in Oil and Gas Market Size (2018-2029)
1.6.5 Middle East & Africa Automation Solutions in Oil and Gas Market Size (2018-2029)
2 Automation Solutions in Oil and Gas Market by Type
2.1 Introduction
2.1.1 Supervisory Control and Data Acquisition (SCADA)
2.1.2 Programmable Logic Controller (PLC)
2.1.3 Distributed Control Systems (DCS)
2.1.4 Manufacturing Execution System (MES)
2.1.5 Safety Instrumented System (SIS)
2.1.6 Other Systems
2.2 Global Automation Solutions in Oil and Gas Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automation Solutions in Oil and Gas Historic Market Size by Type (2018-2023)
2.2.2 Global Automation Solutions in Oil and Gas Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automation Solutions in Oil and Gas Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automation Solutions in Oil and Gas Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automation Solutions in Oil and Gas Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automation Solutions in Oil and Gas Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automation Solutions in Oil and Gas Revenue Breakdown by Type (2018-2029)
3 Automation Solutions in Oil and Gas Market Overview by Application
3.1 Introduction
3.1.1 Oil
3.1.2 Gas
3.2 Global Automation Solutions in Oil and Gas Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automation Solutions in Oil and Gas Historic Market Size by Application (2018-2023)
3.2.2 Global Automation Solutions in Oil and Gas Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automation Solutions in Oil and Gas Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automation Solutions in Oil and Gas Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automation Solutions in Oil and Gas Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automation Solutions in Oil and Gas Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automation Solutions in Oil and Gas Revenue Breakdown by Application (2018-2029)
4 Automation Solutions in Oil and Gas Competition Analysis by Players
4.1 Global Automation Solutions in Oil and Gas Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automation Solutions in Oil and Gas as of 2022)
4.3 Date of Key Players Enter into Automation Solutions in Oil and Gas Market
4.4 Global Top Players Automation Solutions in Oil and Gas Headquarters and Area Served
4.5 Key Players Automation Solutions in Oil and Gas Product Solution and Service
4.6 Competitive Status
4.6.1 Automation Solutions in Oil and Gas Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB Ltd.
5.1.1 ABB Ltd. Profile
5.1.2 ABB Ltd. Main Business
5.1.3 ABB Ltd. Automation Solutions in Oil and Gas Products, Services and Solutions
5.1.4 ABB Ltd. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Ltd. Recent Developments
5.2 Emerson Electric Co.
5.2.1 Emerson Electric Co. Profile
5.2.2 Emerson Electric Co. Main Business
5.2.3 Emerson Electric Co. Automation Solutions in Oil and Gas Products, Services and Solutions
5.2.4 Emerson Electric Co. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.2.5 Emerson Electric Co. Recent Developments
5.3 Endress+Hauser AG
5.3.1 Endress+Hauser AG Profile
5.3.2 Endress+Hauser AG Main Business
5.3.3 Endress+Hauser AG Automation Solutions in Oil and Gas Products, Services and Solutions
5.3.4 Endress+Hauser AG Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.3.5 Fanuc Corp. Recent Developments
5.4 Fanuc Corp.
5.4.1 Fanuc Corp. Profile
5.4.2 Fanuc Corp. Main Business
5.4.3 Fanuc Corp. Automation Solutions in Oil and Gas Products, Services and Solutions
5.4.4 Fanuc Corp. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.4.5 Fanuc Corp. Recent Developments
5.5 General Electric Co.
5.5.1 General Electric Co. Profile
5.5.2 General Electric Co. Main Business
5.5.3 General Electric Co. Automation Solutions in Oil and Gas Products, Services and Solutions
5.5.4 General Electric Co. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.5.5 General Electric Co. Recent Developments
5.6 Hitachi, Ltd.
5.6.1 Hitachi, Ltd. Profile
5.6.2 Hitachi, Ltd. Main Business
5.6.3 Hitachi, Ltd. Automation Solutions in Oil and Gas Products, Services and Solutions
5.6.4 Hitachi, Ltd. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.6.5 Hitachi, Ltd. Recent Developments
5.7 Honeywell International Inc.
5.7.1 Honeywell International Inc. Profile
5.7.2 Honeywell International Inc. Main Business
5.7.3 Honeywell International Inc. Automation Solutions in Oil and Gas Products, Services and Solutions
5.7.4 Honeywell International Inc. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.7.5 Honeywell International Inc. Recent Developments
5.8 Mitsubishi Electric Corp.
5.8.1 Mitsubishi Electric Corp. Profile
5.8.2 Mitsubishi Electric Corp. Main Business
5.8.3 Mitsubishi Electric Corp. Automation Solutions in Oil and Gas Products, Services and Solutions
5.8.4 Mitsubishi Electric Corp. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.8.5 Mitsubishi Electric Corp. Recent Developments
5.9 Rockwell Automation Inc.
5.9.1 Rockwell Automation Inc. Profile
5.9.2 Rockwell Automation Inc. Main Business
5.9.3 Rockwell Automation Inc. Automation Solutions in Oil and Gas Products, Services and Solutions
5.9.4 Rockwell Automation Inc. Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.9.5 Rockwell Automation Inc. Recent Developments
5.10 Schneider Electric SE
5.10.1 Schneider Electric SE Profile
5.10.2 Schneider Electric SE Main Business
5.10.3 Schneider Electric SE Automation Solutions in Oil and Gas Products, Services and Solutions
5.10.4 Schneider Electric SE Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.10.5 Schneider Electric SE Recent Developments
5.11 Siemens AG
5.11.1 Siemens AG Profile
5.11.2 Siemens AG Main Business
5.11.3 Siemens AG Automation Solutions in Oil and Gas Products, Services and Solutions
5.11.4 Siemens AG Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.11.5 Siemens AG Recent Developments
5.12 Yokogawa Electric Corporation
5.12.1 Yokogawa Electric Corporation Profile
5.12.2 Yokogawa Electric Corporation Main Business
5.12.3 Yokogawa Electric Corporation Automation Solutions in Oil and Gas Products, Services and Solutions
5.12.4 Yokogawa Electric Corporation Automation Solutions in Oil and Gas Revenue (US$ Million) & (2018-2023)
5.12.5 Yokogawa Electric Corporation Recent Developments
6 North America
6.1 North America Automation Solutions in Oil and Gas Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automation Solutions in Oil and Gas Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automation Solutions in Oil and Gas Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automation Solutions in Oil and Gas Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automation Solutions in Oil and Gas Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automation Solutions in Oil and Gas Market Dynamics
11.1 Automation Solutions in Oil and Gas Industry Trends
11.2 Automation Solutions in Oil and Gas Market Drivers
11.3 Automation Solutions in Oil and Gas Market Challenges
11.4 Automation Solutions in Oil and Gas Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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