Global Oil and Gas Automation and Instrumentation Market - Industry Trends, Regional Outlook, Market Revenue, Top Players and Forecast to 2029

 

An all-inclusive Oil and Gas Automation and Instrumentation market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Oil and Gas Automation and Instrumentation report.

Global Oil and Gas Automation and Instrumentation market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Moreover, in the market report, the key product categories are also included. The report includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. The comprehensive Oil and Gas Automation and Instrumentation market report also demonstrates supportive data related to the dominant players in the market such as product offerings, revenue, segmentation, and business synopsis.
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·         Data Bridge Market Research analyses that the oil and gas automation and instrumentation market is expected to grow at a CAGR of 3.8% during the forecast period of 2022 to 2029, and was valued at USD 17.70 billion in 2021 and is further estimated to reach USD 23.85 billion by 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Global Level Sensor Market Scope and Market Size

The oil and gas automation and instrumentation market is segmented on the basis of solution, instruments and process. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solution

·         Supervisory Control and Data Acquisition (SCADA)

·         Programmable Logic Controller (PLC)

·         Distributed Control Systems (DCS)

·         Safety Automation, Advanced Process Control (APC)

·         Manufacturing Execution System (MES)

On the basis of solution, the oil and gas automation and instrumentation market is segmented into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control systems (DCS), safety automation, advanced process control (APC) and manufacturing execution system (MES). Safety automation is further sub segmented into burner management systems (BMS), emergency shutdown systems (ESD), fire and gas monitoring and control, high integrity pressure protection systems (HIPPS) and turbomachinery control (TMC).

Instruments

·         Field Instruments

·         Control Valves

·         Leakage Detection System

·         Flow Computer

·         Communication

On the basis of instruments, the oil and gas automation and instrumentation market is segmented into field instruments, control valves, leakage detection system, flow computer, and communication. Field instruments have further been sub segmented into pressure transmitter, flow meter and temperature transmitter. Control valves have further been sub segmented into linear valves and rotary valves and components of control valve. Components of control valve have further been sub segmented into valve body, actuators, positioners and I/P converters. Communication is been sub segmented into wired protocols and wireless protocols.

Process

·         Upstream Process

·         Midstream Process

·         Downstream Process

On the basis of process, the oil and gas automation and instrumentation market is segmented into upstream process, midstream process and downstream process.

Competitive Landscape and Oil and Gas Automation and Instrumentation Market Share Analysis

The oil and gas automation and instrumentation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to oil and gas automation and instrumentation market.

 Some of the major players operating in the oil and gas automation and instrumentation market are:

·         ABB (Switzerland)

·         Yokogawa India Ltd. (Japan)

·         Baker Hughes Company (US)

·         BP plc (UK)

·         SIGIT (Oman)

·         Emerson Electric Co. (US)

·         Mitsubishi Electric Corporation (Japan)

·         Schneider Electric (France)

·         Endress+Hauser Group Services AG (US)

·         Schlumberger Limited (US)

·         Halliburton (US)

·         Rockwell Automation, Inc. (US)

·         Honeywell International Inc. (US)

·         INTECH (US)

·         OMRON Corporation (Japan)

·         Oil India Limited (India)

·         Branom Instrument Co. (US)

·         Eaton (Ireland)

·         Siemens (US)

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Oil and Gas Automation and Instrumentation Market Regional Analysis/Insights

The oil and gas automation and instrumentation market is analysed and market size insights and trends are provided by country, solution, instruments and process as referenced above.

The countries covered in the oil and gas automation and instrumentation market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

Middle East and Africa dominates the oil and gas automation and instrumentation market due to the rise in the demand for industrial automation for oil and gas. Furthermore, the growing number of oil reserves and refineries will further boost the growth of the oil and gas automation and instrumentation market in the region during the forecast period.

Asia-Pacific is projected to observe significant amount of growth in the rise in the development of the oil and gas industry. Moreover, the initiatives taken by the government promoting conventional energy industry is further anticipated to propel the growth of the oil and gas automation and instrumentation market in the region in the coming years.

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