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Global Automation Solutions Market In The Oil And Gas Industry 2021-2025Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the automation solutions market in the oil and gas industry and it is poised to grow by $ 1.73 bn during 2021-2025 progressing at a CAGR of 3% during the forecast period. The report on automation solutions market in the oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing regulatory compliance and rise in the global demand for oil and gas. In addition, growing regulatory compliance is anticipated to boost the growth of the market as well.
The automation solutions market in the oil and gas industry market analysis includes product segment and geographical landscapes.
The automation solutions market in the oil and gas industry is segmented as below:
By Product
- SCADA
- DCS
- PLC
- MES
By Geographical Landscapes
- North America
- APAC
- Europe
- MEA
- South America
This study identifies the gradual recovery in upstream activities as one of the prime reasons driving the automation solutions market in the oil and gas industry growth during the next few years.
The report on automation solutions market in the oil and gas industry covers the following areas:
- Automation solutions market in the oil and gas industry sizing
- Automation solutions market in the oil and gas industry forecast
- Automation solutions market in the oil and gas industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automation solutions market in the oil and gas industry vendors that include ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.. Also, the automation solutions market in the oil and gas industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibit
Executive Summary
The publisher recognizes the following companies as the key players in the global oil and gas drilling automation market: ABB Ltd., Akastor ASA, Ensign Energy Services Inc., Honeywell International Inc., Kongsberg Gruppen ASA, Nabors Industries Ltd., National Oilwell Varco Inc., Rockwell Automation Inc., Schlumberger Ltd., and Siemens AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is gradual recovery in upstream activities.'
According to the report, one of the major drivers for this market is the oil and gas price recovery.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Akastor ASA
- Ensign Energy Services Inc.
- Honeywell International Inc.
- Kongsberg Gruppen ASA
- Nabors Industries Ltd.
- National Oilwell Varco Inc.
- Rockwell Automation Inc.
- Schlumberger Ltd.
- Siemens AG
