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North America Oil And Process Automation And Instrumentation Market Forecast 2018-2026

North America Oil And Process Automation And Instrumentation Market Forecast 2018-2026

KEY FINDINGS
North America is a significant regional market for process automation and instrumentation systems in the oil and gas industry, in terms of technologies, instruments and services. As a result, the North America oil & gas process automation and instrumentation market is predicted to rise with a 5.69% CAGR during the forecast period of 2018-2026.

MARKET INSIGHTS
The applications of process automation and instrumentation have only been increasing in the oil and gas industry for North America. As more and more oil and gas companies pursue high productivity, safety and low operating costs, they are increasingly willing to spend more on process automation systems, a fact, which has considerably contributed to the region’s prosperity. The US is currently the largest producer and exporter of shale gas. The production of oil and gas has been at record levels since 2015, and the country is currently one of the largest producers of petroleum products. Recently, Canada has also witnessed a large number of extraction and production activities owing to its vast natural gas reserves.

COMPETITIVE INSIGHTS
Few of the noted companies in this market are Eaton Corporation Plc, Royal Dutch Shell Plc, Sigit Automation Inc, Tyco International Plc, Bp Plc, Baker Hughes Incorporated, Yokogawa Electric Corporation, Weatherford International Ltd., General Electric Corporation (Ge), Mitsubishi Electric Corporation, Rockwell Automation Inc., Schneider Electric Se, ABB Ltd , and Siemens Ag.


1. Research Scope
1.1. Study Goals
1.2. Scope Of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top Down Approach
2.3. Bottom-up Approach
2.4. Data Triangulation
2.5. Estimation Methodology
3. Executive Summary
4. Market Overview
4.1. Market Definition
4.2. Market Drivers
4.2.1. Huge Investments In R & D
4.2.2. Increased Crude Production Rate Due To Automation & Instrumentation
4.2.3. Rising Demand For Oil & Gas
4.2.4. Automation & Instrumentation Improves Process Efficiency & Safety
4.2.5. Need For Software To Detect And Reduce Failures
4.3. Market Restraints
4.3.1. High Capital Expenditure
4.3.2. Lack Of Skilled Workers
4.3.3. Sluggish Growth In Developed Markets
4.4. Market Opportunities
4.4.1. Increasing Adoption Of Plc In Oil & Gas Sector
4.4.2. Internet Of Things (Iot) Applications Are Growing Fast
4.5. Market Challenges
4.5.1. Lower Oil & Gas Resources
4.5.2. The Need To Minimize Operating Costs
5. North America Oil & Gas Process Automation & Instrumentation Market By Technology 2018-2026 ($ Billion)
5.1. Dcs (Distributed Control System)
5.2. Plc (Programmable Logic Controller)
5.3. Scada (Supervisory Control And Data Acquisition)
5.4. Acs (Automation And Control System)
5.5. Mes (Manufacturing Execution System)
5.6. Sis (Safety Instrumented Systems)
5.7. Others
6. North America Oil & Gas Process Automation & Instrumentation Market By Solutions 2018-2026 ($ Billion)
6.1. Hardware
6.2. Software
6.3. Services
7. North America Oil & Gas Process Automation & Instrumentation Market By Instrument 2018-2026 ($ Billion)
7.1. Field Instruments
7.2. Control Valves
7.3. Communication
7.4. Others
8. Key Analytics
8.1. Porter’s 5 Force Model
8.1.1. Threat Of Substitute Products
8.1.2. Threat Of New Entrants
8.1.3. Bargaining Power Of Buyers
8.1.4. Bargaining Power Of Suppliers
8.1.5. Intensity Of Competitive Rivalry
8.2. Pestel Analysis
8.2.1. Political
8.2.2. Environment
8.2.3. Social
8.2.4. Technology
8.2.5. Economics
8.2.6. Legal
8.3. Opportunity Matrix
8.4. Vendor Landscape
9. North America Oil & Gas Process Automation & Instrumentation Market By Country 2018-2026 ($ Billion)
9.1. Us
9.2. Canada
10. Company Profiles
10.1. Abb Ltd
10.2. Siemens Ag
10.3. Schneider Electric Se
10.4. Mitsubishi Electric Corporation
10.5. Rockwell Automation Inc
10.6. General Electric Corporation (Ge)
10.7. Yokogawa Electric Corporation
10.8. Weatherford International Ltd
10.9. Baker Hughes Incorporated
10.10. Tyco International Plc
10.11. Bp Plc
10.12. Sigit Automation Inc.
10.13. Eaton Corporation Plc
10.14. Royal Dutch Shell Plc (Shell)
List Of Tables
Table 1 North America Oil And Gas Process Automation And Instrumentation Market By Country 2018-2026 ($ Billion)
Table 2 North America Oil & Gas Process Automation & Instrumentation Market By Technology 2018-2026 ($ Billion)
Table 3 North America Oil And Gas Process Automation And Instrumentation Market Forecast By Type Of Solutions 2018-2026 ($ Billion)
Table 4 Hardware Components
Table 5 North America Oil And Gas Process Automation And Instrumentation Market Forecast By Instrument 2018-2026 ($ Billion)
Table 6 North America Oil & Gas Process Automation And Instrumentation Market By Country 2018-2026 ($ Billion)
List Of Figures
Figure 1 North America Oil And Gas Process Automation And Instrumentation Market By Solution 2018-2026 ($ Billion)
Figure 2 Oil Production (In Million Barrels Per Day)
Figure 3 North America Oil & Gas Process Automation & Instrumentation Market By Dcs 2018-2026 ($ Billion)
Figure 4 North America Oil & Gas Process Automation & Instrumentation Market By Plc 2018-2026 ($ Billion)
Figure 5 North America Oil & Gas Process Automation & Instrumentation Market By Scada 2018-2026 ($ Billion)
Figure 6 North America Oil & Gas Process Automation & Instrumentation Market By Acs 2018-2026 ($ Billion)
Figure 7 North America Oil & Gas Process Automation & Instrumentation Market By Mes 2018-2026 ($ Billion)
Figure 8 North America Oil & Gas Process Automation & Instrumentation Market By Sis 2018-2026 ($ Billion)
Figure 9 North America Oil & Gas Process Automation & Instrumentation Market By Others 2018-2026 ($ Billion)
Figure 10 North America Oil And Gas Process Automation And Instrumentation Market By Hardware Components 2018-2026 ($ Billion)
Figure 11 North America Oil And Gas Process Automation And Instrumentation Market By Software 2018-2026 ($ Billion)
Figure 12 North America Oil And Gas Process Automation And Instrumentation Market By Services 2017 - 2014 ($ Billion)
Figure 13 Oil And Gas Process Automation And Instrumentation Market Forecast By Field Instruments 2018-2026 ($ Billion)
Figure 14 North America Oil And Gas Process Automation And Instrumentation Market Forecast By Control Valves & Positioners 2018-2026 ($ Billion)
Figure 15 North America Oil And Gas Process Automation And Instrumentation Market Forecast By Communication 2018-2026 ($ Billion)
Figure 16 North America Oil And Process Automation Market Forecast By Others 2018-2026 ($ Billion)
Figure 17 Us Oil & Gas Process Automation And Instrumentation Market 2018-2026 ($ Billion)
Figure 18 Canada Oil & Gas Process Automation And Instrumentation Market 2018-2026 ($ Billion)

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