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Global Automation Solutions Market in the Oil and Gas Industry 2016-2020

Global Automation Solutions Market in the Oil and Gas Industry 2016-2020

About Operations in the Oil and Gas Industry

Operations in the oil and gas industry are divided into three major sectors: upstream, midstream, and downstream. Oil and gas companies in this industry are specialized in operations related to either of the three sectors. However, there are large integrated oil and gas companies, such as ExxonMobil, BP, and Chevron that have operations in all three sectors.

Technavio’s analysts forecast the global automation solutions market in the oil and gas industry to grow at a CAGR of 1.1% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automation solutions market in the oil and gas industry for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of automation solutions in the oil and gas industry.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automation Solutions Market in the Oil and Gas Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Emerson Electric
  • Honeywell
  • Rockwell Automation
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Beckhoff
  • FANUC
  • GE
  • Hitachi
  • IDEC
  • Koyo Electronics
  • Mitsubishi Electric
  • Omron
  • Parsec Automation
  • Yokogawa
Market driver
  • Compliance with stringent industrial regulations
  • For a full, detailed list, view our report
Market challenge
  • Cybersecurity concerns in oil and gas automation infrastructure
  • For a full, detailed list, view our report
Market trend
  • Automation solutions on cloud
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automation Solutions Market in the Oil and Gas Industry 2016-2020

Technavio recognizes the following companies as the key players in the global automation solutions market in the oil and gas industry: ABB, Emerson Electric, Honeywell, Rockwell Automation, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Beckhoff, FANUC, GE, Hitachi, IDEC, Koyo Electronics, Mitsubishi Electric, Omron, Parsec Automation, and Yokogawa.

Commenting on the report, an analyst from Technavio’s team said: “Increased acceptance of Ethernet networking protocols in the oil and gas networking sector will be a key trend for market growth. Technological advances have made Industrial Ethernet robust and reliable for harsh applications in the oil and gas industry. For midstream infrastructure, Industrial Ethernet is the de facto solution for communications because it provides easy interoperability and system integration. In a typical SCADA architecture, each compressor station or tank farm controller is referred to as RTU. These RTUs are connected to each other through centralized control and monitoring centers via Industrial Ethernet.”

According to the report, rise in implementation of digital oilfield solutions will be a key driver for market growth. Oil and gas companies are responding to decline in oil prices by focusing on improving efficiencies and cutting costs. They are incorporating digital oil field solutions that incorporate advanced hardware, software, and data analysis techniques to enhance the productivity of oil and gas production.

Further, the report states that threat from open-source industrial automation software will be a challenge for the market. An open-source automation software is an independent platform that provides a set of software development tools, which can be integrated into different ways to produce a unique product and service. The open-source communities offer development libraries, interface applications, mass configuration tools, and front and back-end applications.



Companies Mentioned

ABB, Emerson Electric, Honeywell, Rockwell Automation, Schneider Electric, Siemens, Beckhoff, FANUC, GE, Hitachi, IDEC, Koyo Electronics, Mitsubishi Electric, Omron, Parsec Automation, Yokogawa.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Market segmentation: Product and geography
      • Table Key geographies covered
    • Top-vendor offerings
      • Table Product offerings
    • Other prominent vendors
      • Table Other prominent vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Oil and gas value chain analysis
      • Table Functions of automation solution in the oil and gas industry
      • Table Oil bankruptcies in the year 2015-2016
  • Market landscape
    • Market size and forecast
      • Table Global automation solutions market in the oil and gas industry 2015-2020 ($ billions)
      • Table Cost and operational benefits achieved by GE Oil & Gas by moving to AWS
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by solution
    • Global MES market in the oil and gas industry
      • Table Global MES market in the oil and gas industry 2015-2020 ($ millions)
    • Global SCADA market in the oil and gas industry
      • Table Global SCADA market in the oil and gas industry 2015-2020 ($ billions)
    • Global DCS market in the oil and gas industry
      • Table Global DCS market in the oil and gas industry 2015-2020 ($ billions)
    • Global PLC market in the oil and gas industry
      • Table Global PLC market in the oil and gas industry 2015-2020 ($ billions)
  • Geographical segmentation
    • Global automation solutions market in the oil and gas industry by geography
      • Table Global automation solutions market in the oil and gas industry by geography 2015 and 2020
    • EMEA automation solution market in the oil and gas industry
      • Table EMEA automation solutions market in the oil and gas industry 2015-2020 ($ millions)
    • Americas automation solutions market in the oil and gas industry
      • Table Americas automation solution market in the oil and gas industry 2015-2020 ($ billions)
      • Table Natural gas pipeline projects in North America
    • APAC automation solutions market in the oil and gas industry
      • Table APAC automation solutions market in the oil and gas industry 2015-2020 ($ billions)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Vulnerability of oil and gas companies to cyberattacks through points of entry
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Table Major contracts awarded to vendors in the oil and gas industry
    • Competition analysis
      • ABB
    • Emerson Electric
    • Honeywell
    • Rockwell Automation
    • Schneider Electric
    • Siemens
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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