Oil & Gas Automation and Control Systems Market to register sales of $18.68bn in 2015, Says the New Study on ASDReports

Wednesday 21 January 2015, Amsterdam

Market Research Report Press Release The new 168 page report now avalailable on ASDReports, indicates that sales of automation and control systems in the oil & gas industry will be $18.68bn in 2015.

Automation and Control systems are strongly established in the Oil & Gas industry and have been in use since the 1960s in the industry. They serve a plethora of applications, from automating wellheads upstream, to process control in refineries downstream.

“Automation and Control Systems are a vital part of operations in many parts of the Oil & Gas industry. The efficiencies and savings they can deliver speak for themselves, and consequently this market is expected to perform strongly. Although the Midstream and Downstream sectors will both register growth, the Upstream sector will see particularly impressive growth as companies increasingly looking to more marginal reserves and utilising more complex technologies that require oversight and control.”

The report forecasts strong growth globally throughout the course of the ten year forecast, and calculates the market to register sales of $18.68bn in 2015. Growth is expected to be propelled by a number of global developments, such as the North American shale boom and offshore E&P investment. Automation & control systems will see strong upstream growth as the world turns to producing from marginal fields, where efficiency and profits can be improved by use of these systems.

This report details forecast for the global market, as well as 6 individual technology submarkets, 7 regional markets and 3 sector markets (upstream, midstream and downstream). The technologies forecasted as submarkets are Distributed Control systems (DCS), Supervisory Control and Data Acquisition (SCADA), Safety Implemented Systems (SIS), Manufacturing Execution Systems (MES) and Programmable Logic Controllers. For each of the technology, regional markets and sector markets, detailed analysis is provided, examining the reasons for growth and the future trends in the markets. PEST analysis is included and drivers and restraints to the market are detailed, while the report also contains detailed examinations of the top 10 companies in this market, as well as shorter profiles of 71 others. The report also underpins the analysis with an exclusive interview transcript with Continuous Control Solutions (CCS), LLC.

The Oil & Gas Automation & Control (A&C) Systems Market 2015-2025: Forecasts for ACS, DCS, SCADA, MES, SIS, PLC & Other Systems report will be of value to anyone who wants to better understand the market and its dynamics. It will be useful for companies already involved in the market, or for those wishing to understand and appreciate the trajectory and state-of-play of an established market with strong growth prospects.
Oil & Gas Automation & Control (A&C) Systems Market 2015-2025

Oil & Gas Automation & Control (A&C) Systems Market 2015-2025

Publish date : January 2015
Report code : ASDR-172099
Pages : 168

ASDReports.com Media contact: S. Koopman - Marketing and Communications

ASDReports.com / ASDMedia BV - Veemkade 356 - 1019HD Amsterdam - The Netherlands
P : +31(0)20 486 1286 - F : +31(0)20 486 0216 - E : stefan.koopman@asdreports.com

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