Global SCADA Oil & Gas Market – Global Industry Analysis and Forecast (2017-2026) _ by Architecture (Hardware component, Software solutions and Services), by Stream (Upstream, Midstream and Downstream) and by Geography
PC-based supervisory control and data acquisition (SCADA) system is used for quick and secure access to the production and process data. Global SCADA Oil & Gas Market data from upstream, midstream or downstream process using a variety of built-in tools.
SCADA Oil & Gas Market valued USD 3.6 Billion in 2016 and expected to reach USD 6.4 Billion by 2024, at a CAGR of 5.92 .
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Report includes assessment of Global SCADA Oil & Gas Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the product, application, technology and geography to assist in strategic business planning.
The hardware segment formed one of the major contributors for the market growth.
Rising demand for automated devices in the oil & gas industries is expected to drive the hardware segment. Based on stream midstream segment holds one of the largest market shares for the market due to rising investment across the countries like China and India is expected to drive the Global SCADA Oil & Gas Market during the forecast period.
North America is expected to be one of the largest market for SCADA oil & gas market.
This is due to increasing investments in the pipeline infrastructure and increased adoption of cloud services in these regions.
Scope of the Report:
This research report segments the SCADA oil & gas market based on architecture, stream and geography.
Global SCADA Oil & Gas Market, By Architecture:
• Hardware
• Software
• Service
Global SCADA Oil & Gas Market, By Stream:
• Upstream
• Midstream
• Downstream
Global SCADA Oil & Gas Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Some of the key players operating in the SCADA oil & gas market include
• ABB Ltd. (Switzerland)
• Schneider Electric SE (France)
• Rockwell Automation, Inc. (US)
• Yokogawa Electric Corporation (Japan)
• General Electric Company (US)
• Honeywell International Inc. (US)
• Siemens AG (Germany)
• Larsen & Toubro Limited (India)
• Mitsubishi Electric Corporation (Japan)
• Emerson Electric Co. (US)