SCADA in Oil & Gas Market – Massive Growth Ahead | ABB, General Electric, Schneider Electric
According to HTF Market Intelligence, the Global SCADA in Oil & Gas market to witness a CAGR of 5.04% during forecast period of 2023-2028. The market is segmented by Global SCADA in Oil & Gas Market Breakdown by Application (Onshore Oil & Gas, Offshore Oil & Gas) by Type (Hardware, Software, Service) by Stream (Upstream, Midstream, Downstream) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The SCADA in Oil & Gas market size is estimated to increase by USD 1528 Million at a CAGR of 5.04% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 4450 Million.
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SCADA (Supervisory Control and Data Acquisition) is a system used to monitor and control industrial processes and infrastructure, such as oil and gas production facilities. The Oil and Gas SCADA (Supervisory Control and Data Acquisition) market refers to the market for SCADA systems specifically designed for use in the oil and gas industry. These systems typically include hardware and software components that allow operators to remotely monitor and control critical processes in real-time, including drilling, production, and transportation of oil and gas. The Oil and Gas SCADA market includes products and services related to the design, implementation, maintenance, and support of these systems, and is driven by the need for improved efficiency, safety, and regulatory compliance in the oil and gas industry.
SCADA in Oil & Gas market – Key Segment Analysis
The market share growth by the Software segment will be significant during the forecast period. The segment is driven by the Increasing security demand and critical infrastructure protection from different industry verticals and rapid industrial and infrastructure development across the globe, have bolstered the demand of the market..
SCADA in Oil & Gas market – Competition Analysis
The global SCADA in Oil & Gas market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are ABB (Switzerland), General Electric (United States), Schneider Electric SE (France), Siemens (Germany), Rockwell Automation Inc. (United States), Larsen & Toubro Limited (India), Mitsubishi Electric Corporation (Japan), Yokogawa Electric Corporation (Japan), Emerson Electric Co. (United States), Honeywell International Inc. (United States), PSI AG (Germany), Technipfmc Plc (UK), International Business Machines (United States).
SCADA in Oil & Gas market – Geographical Outlook
North America will provide maximum growth opportunities in SCADA in Oil & Gas market. According to our research, the region will account for 26% of the global market growth during the forecast period. The market in North America is driven by SCADA Data on Ethernet and IP owing to Reduced Capital Costs and Standardization.
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What key data is demonstrated in this SCADA in Oil & Gas market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the SCADA in Oil & Gas market between 2023 and 2028
- Precise estimation of the size of the SCADA in Oil & Gas market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle Eastand Africa; further broken down by major country within region.
- Thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of SCADA in Oil & Gas market players
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Some Extracts from Table of Content
Some Extracts from Table of Content
– Overview of SCADA in Oil & Gas Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– SCADA in Oil & Gas Size (USD & Sales Volume) Comparison by Type (2017-2028)
– SCADA in Oil & Gas Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– SCADA in Oil & Gas Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– SCADA in Oil & Gas Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– SCADA in Oil & Gas Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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