Global Oil & Gas Automation & Instrumentation Market by Solution (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)), Instrument (Field Instruments, Control Valves, Leakage Detection System, Flow Computer, and Communication), and Process (Upstream Process, Midstream Process, and Downstream Process): Global Market Trends and Opportunities, 2021–2030 offers assembled trends and predictions to clients. The report delivers a comprehensive overview of the crucial elements of the market and elements such as drivers, current trends of the past and present times, supervisory scenario & technological growth. The report is an intensive investigation portraying the details and the new opportunity appraisal of the market.
The expansion of the oil & gas automation & instrumentation market is predicted to be fueled by the global demand for petroleum products, as well as the development of sophisticated work flow requirements in oil & gas companies. The global sector is projected to benefit from the growing relevance of functional time reduction through automation and instrumentation. Automation and instrumentation increase the efficiency and safety of processes. It also makes it easier to keep track of the entire procedure. These positive aspects are expected to fuel the global oil & gas automation & instrumentation market demand. The global industry demand is projected to be driven by the ease of implementation in manufacturing and oil & gas refining operations. Automation and instrumentation technologies enable businesses to establish safe manufacturing methods. The oil & gas automation & instrumentation business are predicted to be driven by the complexities of shale gas exploration, as well as the need for improved machines. However, data integration problems caused by automation and instrumentation, on the other hand, are projected to hamper the industry expansion. Initially installed systems in established economies such as the U.S., Canada, and the European Union have limited the region’s potential for further expansion.
Download Sample Report: https://www.alliedmarketresearch.com/request-toc-and-sample/16154
Market Trends
- ABB introduced a new range of color-coded sensors in March 2020, making it simple to select and manage the best pH measuring solution. The sensors make it easier to determine the pH level of water.
- Emerson announced two new Rosemount 628 Universal Gas Sensors in July 2019 that can measure carbon monoxide and oxygen depletion in addition to monitoring hydrogen sulphide. The Rosemount 928 wireless gas monitor platform can now monitor a wider spectrum of hazardous circumstances, due to these new additions to the series.
- Sensia, a startup based in the U.S, provides intelligent automation solutions for oil and gas organizations to reduce contact time between detection, diagnosis, and resolution. The startup’s connected technology platform promotes digitization and automation in the oil & gas industry. Sensia’s oil and gas production, transportation, storage, and processing solutions also improve operational efficiency, asset productivity, and safety. Petro-technical experts and process engineers use solutions to design optimal production schedules and prevent equipment downtime.
- Cognate-Gnosis, an Australian firm, provides MES solutions for any industrial activity, including oil and gas, mining, and utilities. The startup’s MES consulting service helps oil and gas equipment makers use real-time production data to improve operations, increase efficiencies, minimize waste, and improve overall equipment efficiency (OEE).
Purchase Enquiry Option: https://www.alliedmarketresearch.com/oil-and-gas-automation-and-instrumentation-market/purchase-options
Key players operating in the market:
ABB Ltd., Yokogawa Electric Co, Alstom, Weatherford International Ltd, Baker Hughes Inc., Tyco International Ltd, BP Plc, Sigit Inc, Eaton Corp PLC, Siemens AG
Key Market Segments
By 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)
By Instrument
- Field Instruments
- Control Valves
- Leakage Detection System
- Flow Computer
- Communication
By Process
- Upstream Process
- Midstream Process
- Downstream Process
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.