SCADA Oil & Gas Market Trends 2022, Industry Size, Share, Developments and Forecast – ABB, Siemens, Schneider, GE, Larsen & Toubro, Honeywell, Emerson

Research Reports

Jun 03, 2022

The Oil & Gas SCADA market is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

Oil & Gas SCADA Market Overview

SCADA is a highly configured system that comprises both, hardware and software components. The SCADA system can be used to manage of all forms of processes within various industries including the oil & gas industry. This system is widely used in upstream, midstream, and downstream processes. In upstream process, SCADA is generally used for remote data transmission.

Oil & Gas SCADA Market is projected to be worth USD 6.42 billion by 2027, registering a CAGR of 5.95% during the forecast period (2021 – 2027).

Oil & Gas SCADA market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Oil & Gas SCADA Market are,

  • ABB (Switzerland)
  • General Electric (US)
  • Schneider Electric SE (France)
  • Siemens (Germany)
  • Rockwell Automation Inc. (US)
  • Larsen & Toubro Limited (India)
  • Mitsubishi Electric Corporation (Japan)
  • Yokogawa Electric Corporation (Japan)
  • Emerson Electric Co. (US)
  • Honeywell International Inc. (US)
  • PSI AG (Germany)
  • Technipfmc Plc (UK)
  • International Business Machines (US)

Most important Segments of Oil & Gas SCADA market covered in this report are,

On the basis of sector, the global oil & gas SCADA market is segmented as upstream, downstream, and midstream. The midstream segment is expected to dominate the market during the forecast period. In midstream segment, the demand for both data collection and interpretation is higher than ever. Hence, the use of metering systems and rotating equipment control, along with SCADA is an essential part of the midstream segment, within the oil & gas industry. On the basis of architecture, the global market is segmented as hardware, software, and services. The hardware subsegment holds the largest share in the oil & gas SCADA market as it is easy to install and can be installed with existing infrastructure.  

Oil & Gas SCADA Industry Influence of the global market report:

  • Comprehensive assessment of all opportunities and risks in the Oil & Gas SCADA Market.
  • Oil & Gas SCADA Market recent innovations and major events.
  • A detailed study of business strategies for the growth of the Oil & Gas SCADA Market market-leading players.
  • Conclusive study about the growth plot of Oil & Gas SCADA Market for forthcoming years.
  • In-depth understanding of Oil & Gas SCADA Market, market-particular drivers, constraints, and major micro markets.
  • Favorable impression inside vital technological and market latest trends striking the Oil & Gas SCADA Market.

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The global Oil & Gas SCADA market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Regional Analysis

North America held the largest share of the global oil & gas SCADA market, mainly due to the rising investments in oil & gas processes and the high demand for IoT products including SCADA in oil & gas industry. The SCADA market in the oil & gas industry is expected to be driven by the increased use of cloud computing services in the US and Canada. The demand for SCADA from the onshore and offshore fields in the Gulf of Mexico is also expected to positively impact the oil & gas SCADA market during the forecast period. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, the Middle East & Africa, South America. The report also provides a forecast, focusing on the market opportunities for the next five years, for each region.

 

LIST OF TABLES

Table 1 Global Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 2 Global Oil & Gas SCADA Market, By Sector, 2020–2027 (USD Million)

Table 3 Global Oil & Gas SCADA Market, By Region, 2020–2027 (USD Million)

Table 4 North America: Oil & Gas SCADA Market, By Country, 2020–2027 (USD Million)

Table 5 North America: Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 6 North America: Oil & Gas SCADA Market, By Sector, 2020–2027 (USD Million)

Table 7 US: Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 8 Mexico: Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 9 Mexico: Oil & Gas SCADA Market, By Sector, 2020–2027 (USD Million)

Table 10 Europe: Oil & Gas SCADA Market, By Country, 2020–2027 (USD Million)

Table 11 Europe: Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 12 Europe: Oil & Gas SCADA Market, By Sector, 2020–2027 (USD Million)

Table 13 Russia: Oil & Gas SCADA Market, By Architecture, 2020–2027 (USD Million)

Table 14 Russia: Oil & Gas SCADA Market, By Sector, 2020–2027 (USD Million)

…Continue.

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