Global Oil and Gas Pipeline and Transportation Automation Market 2022-2026

Global Oil And Gas Pipeline And Transportation Automation Market 2022-2026

Technavio has been monitoring the oil and gas pipeline and transportation automation market and it is poised to grow by $ 960.46 mn during 2022-2026, accelerating at a CAGR of 2.18% during the forecast period. Our report on the oil and gas pipeline and transportation automation market 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of oil terminals, the benefits of pipelines over other modes of oil and gas transportation, and new exploration policies.

The oil and gas pipeline and transportation automation market analysis includes application segment and geographic landscape.

Technavio's oil and gas pipeline and transportation automation market is segmented as below:

By Application

• Pipeline
• LNG and terminal

By Geographical Landscape

• North America
• APAC
• Europe
• Middle East and Africa
• South America

This study identifies the increased adoption of IoT in midstream oil and gas operations as one of the prime reasons driving the oil and gas pipeline and transportation automation market growth during the next few years. Also, value chain integration by automation solution providers and virtualization of automation control systems will lead to sizable demand in the market.

Technavio 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. Our report on oil and gas pipeline and transportation automation market covers the following areas:

• Oil and gas pipeline and transportation automation market sizing
• Oil and gas pipeline and transportation automation market forecast
• Oil and gas pipeline and transportation automation market industry analysis

Technavio's 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 oil and gas pipeline and transportation automation market vendors that include ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens Energy AG, Yokogawa Electric Corp., Andritz AG, Azbil Corp., Beckhoff Automation GmbH and Co. KG, Endress Hauser Group Services AG, Fuji Electric Co. Ltd., INTECH Process Automation Inc., Robert Bosch GmbH, Toshiba Corp., Valmet Oyj, and FANUC Corp.. Also, the oil and gas pipeline and transportation automation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ABB Ltd., Eaton Corp. Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens Energy AG, Yokogawa Electric Corp., Andritz AG, Azbil Corp., Beckhoff Automation GmbH and Co. KG, Endress Hauser Group Services AG, Fuji Electric Co. Ltd., INTECH Process Automation Inc., Robert Bosch GmbH, Toshiba Corp., Valmet Oyj, FANUC Corp.