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SCADA Oil & Gas Market by System, Value Stream And by Region - Trends and Global Forecast to 2022

SCADA Oil & Gas Market: Global Forecast until 2022

  • September 2017
  • 171 pages
  • ID: 5123117
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According to the BP statistical review, global oil consumption rose by ##.##% in 2016 to a new record high of ##.## million barrels per day and is projected to reach ## million barrels per day by 2025.

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The SCADA oil & gas market is estimated to rise at a compound annual growth rate of ~5.8 percent, between 2017 and 2022

The SCADA oil & gas market is estimated to grow ~$4.5B, by 2022, increasing at a compound annual growth rate (CAGR) of ~5.8 percent, between 2017 and 2022. Growing expenditure on pipeline networks and optimum and effective exploration of ageing reservoirs are forecast to steer the SCADA oil & gas market. Interoperability of multiple system components from various solution providers can hinder the rise of the SCADA oil & gas market.

The software segment is anticipated to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022

Established on architecture, the software segment is intended to be the quickest growing sector between 2017 and 2022.Software segment includes cloud based solutions, HMI software, and programming for remote terminal units, Programmable logic controllers, and SCADA.

Driven by need for upgradation in the existing software module and introduction of big data analytics, the segment is anticipated to grow over the upcoming 5 years.

North America (NA): The largest industry for SCADA oil & gas

North America continent is the biggest market for SCADA oil & gas, succeeded by Europe (EU) and Asia Pacific (APAC).Growing investments in the oil & gas infrastructure and rised focus toward automation and digitalization are driving the SCADA oil & gas market.

The USA is forecasted to be the quickest increasing sector in the territory, succeeded by the industry in Canada (CA), during the outlook period.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject matter experts, C-suite executives of key industry players, and industry consultants among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

• By Company category: Tier 1 30.0 percent, Tier 2 35.0 percent, Tier 3 35.0 percent

• By Description: C-Level- 10.0 percent, D-Level- 30.0 percent, Others- 60.0 percent

By area: North america (NA)- 12%, Europe- 10.0 percent, Asia Pacific- 55.0 percent, Middle East- 11.0 percent, Africa- 9.0 percent South America - 3.0 percent

Note: The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue; as of 2016: Tier 1 = >USD 10 billion, Tier 2 = $1.0B to $10.0B, and Tier 3 =

The key players in the SCADA oil & gas market contain ABB Ltd. (NYSE:ABB), Schneider Electric (SU), Siemens (SIA), Emerson Electric (NYSE:EMR), and Honeywell (NYSE:HON).

Segment Research

The market research offers a picture of the SCADA market across the oil & gas market and localities.It aims at evaluating the market value and future increase potential of the market across several segments, including architecture, stream, and area.

Moreover, the industry report also comprises an detailed competitive review of top actors in the sector together with their company descriptions, recent evolutions, and key industries strategies.

Why acquire this industry report?

1. The study determines and addresses main markets for implementation of SCADA system in the oil & gas sector, which would help manufacturers review the rise in demand.

2. The analysis benefits solution providers distinguish the pulse of the sector and offer business insights into drivers, market restraints, and opportunities.

3. The market research will facilitate top players comprehend the strategies of their competitors better and will facilitate in making tactical conclusions.

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