+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Distributed Control Systems (DCS) Market in the Oil and Gas Industry 2019-2023 - Product Image

Global Distributed Control Systems (DCS) Market in the Oil and Gas Industry 2019-2023

  • ID: 4756175
  • Report
  • February 2019
  • Region: Global
  • 125 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 4

FEATURED COMPANIES

  • ABB
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens
  • MORE
Automation control systems are an integral part of the oil and gas industry as they ensure accuracy and precision. DCS are some of the extensively used automation control systems in the oil and gas industry. These systems offer improved control over the production process.

The oil and gas industry is a process-based industry, and it is characterized by continuous operations and complex monitoring processes. DCS help operators to control operations with the help of HMI and controller. These systems automate safety processes, such as alarm management system, and undertake corrective measures and predictive maintenance of equipment. Stringent norms in the oil and gas industry by environmental groups such as Environment Agency (England), San Juan Citizens Alliance (US), Environmental Integrity Project (US), and Colorado Rising (US) have increased the demand for automation and control systems from the oil and gas industry. The analysts have predicted that the distributed control systems (DCS) market in the oil and gas industry will register a CAGR of over 3% by 2023.

Market Overview

Increase in complexity of offshore field operations

Exploration and production activities in offshore oil and gas fields are increasing because of the rapidly maturing onshore hydrocarbon basins. Owing to technological advances, oil and gas companies are engaging in numerous deepwater and ultra-deepwater exploration activities in the oil and gas fields. Offshore oil and gas fields, particularly deepwater and ultra-deepwater fields, vary significantly from conventional oil and gas fields in terms of operations.

Cybersecurity threats

Though automated systems significantly improve the productivity and efficiency of processes in the oil and gas industry, they are susceptible to high security threats, particularly cyberattacks. Though suppliers and end-users of automation systems are improving security measures to combat cyberattacks, the emergence of new technologies for cybercrimes has put DCS solutions on high risk, thereby hampering the adoption of DCS in the oil and gas industry.

For the detailed list of factors that will drive and challenge the growth of the distributed control systems (DCS) market in the oil and gas during the 2019-2023, view this report.

Competitive Landscape

The distributed control systems (DCS) market in the oil and gas appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • ABB
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Software - Market size and forecast 2018-2023
  • Hardware - Market size and forecast 2018-2023
  • Services - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Growing focus on data analytics in the oil and gas industry
  • Virtualization of DCS
  • Increase in LNG trade
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ABB
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Siemens
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global industrial automation and communication market
Exhibit 02: Segments of global industrial automation and communication market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Product - Market share 2018-2023 (%)
Exhibit 18: Comparison by product
Exhibit 19: Software - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Software - Year-over-year growth 2019-2023 (%)
Exhibit 21: Hardware - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Hardware - Year-over-year growth 2019-2023 (%)
Exhibit 23: Services - Market size and forecast 2018-2023 ($ millions)
Exhibit 24: Services - Year-over-year growth 2019-2023 (%)
Exhibit 25: Market opportunity by product
Exhibit 26: Customer landscape
Exhibit 27: Market share by geography 2018-2023 (%)
Exhibit 28: Geographic comparison
Exhibit 29: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: North America - Year-over-year growth 2019-2023 (%)
Exhibit 31: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 33: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 35: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 38: South America - Year-over-year growth 2019-2023 (%)
Exhibit 39: Key leading countries
Exhibit 40: Market opportunity
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: ABB - Vendor overview
Exhibit 48: ABB - Business segments
Exhibit 49: ABB - Organizational developments
Exhibit 50: ABB - Geographic focus
Exhibit 51: ABB - Segment focus
Exhibit 52: ABB - Key offerings
Exhibit 53: Emerson Electric Co. - Vendor overview
Exhibit 54: Emerson Electric Co. - Business segments
Exhibit 55: Emerson Electric Co. - Organizational developments
Exhibit 56: Emerson Electric Co. - Geographic focus
Exhibit 57: Emerson Electric Co. - Segment focus
Exhibit 58: Emerson Electric Co. - Key offerings
Exhibit 59: Honeywell International Inc. - Vendor overview
Exhibit 60: Honeywell International Inc. - Business segments
Exhibit 61: Honeywell International Inc. - Organizational developments
Exhibit 62: Honeywell International Inc. - Geographic focus
Exhibit 63: Honeywell International Inc. - Segment focus
Exhibit 64: Honeywell International Inc. - Key offerings
Exhibit 65: Rockwell Automation, Inc. - Vendor overview
Exhibit 66: Rockwell Automation, Inc. - Business segments
Exhibit 67: Rockwell Automation, Inc. - Organizational developments
Exhibit 68: Rockwell Automation, Inc. - Geographic focus
Exhibit 69: Rockwell Automation, Inc. - Segment focus
Exhibit 70: Rockwell Automation, Inc. - Key offerings
Exhibit 71: Schneider Electric - Vendor overview
Exhibit 72: Schneider Electric - Business segments
Exhibit 73: Schneider Electric - Organizational developments
Exhibit 74: Schneider Electric - Geographic focus
Exhibit 75: Schneider Electric - Segment focus
Exhibit 76: Schneider Electric - Key offerings
Exhibit 77: Siemens - Vendor overview
Exhibit 78: Siemens - Business segments
Exhibit 79: Siemens - Organizational developments
Exhibit 80: Siemens - Geographic focus
Exhibit 81: Siemens - Segment focus
Exhibit 82: Siemens - Key offerings
Exhibit 83: Validation techniques employed for market sizing
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • ABB
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens
  • MORE
Global Distributed Control Systems (DCS) Market in the Oil and Gas Industry 2019-2023

The analyst recognizes the following companies as the key players in the global distributed control systems (DCS) market in the oil and gas: ABB, Emerson Electric Co., Honeywell International Inc., Rockwell Automation, Inc., Schneider Electric, Siemens.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the growing focus on data analytics in the oil and gas industry.”

According to the report, one of the major drivers for this market is the emergence of new refinery projects.

Further, the report states that one of the major factors hindering the growth of this market is the interoperability issues due to propriety software.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 4
  • ABB
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens
Note: Product cover images may vary from those shown
Adroll
adroll