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Oil and Gas SCADA Market 2019 Top Manufacturers, Global Trends, Size, Share, Competitive Strategies, Emerging Technologies, Growth and Regional Forecast to 2024

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Oil and Gas SCADA Market 2019 Top Manufacturers, Global Trends, Size, Share, Competitive Strategies, Emerging Technologies, Growth and Regional Forecast to 2024

May 27
12:06 2020
Oil and Gas SCADA Market 2019 Top Manufacturers, Global Trends, Size, Share, Competitive Strategies, Emerging Technologies, Growth and Regional Forecast to 2024

Oil and Gas SCADA Market
Oil and Gas SCADA Market is Predicted to grow by 6% by 2024, Global Oil & Gas SCADA Industry Research Report Segmented by Architecture (Hardware, Software and Services), by Sector (Upstream, Midstream and Downstream) and by Region (Asia-Pacific, North America, Europe and the Middle East & Africa) – Forecast till 2024

Market Highlights

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. However, the role of SCADA is changing due to the advancements in the oil & gas industry. Moreover, apart from data transmission, this system can be used not only to control and supervise many types of industrial processes but also to optimize the complex coordination of operations among multiple business partners.    

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Key Players

The key players of the global Oil & Gas SCADA market are General Electric (US), Siemens (Germany), ABB (Switzerland), Yokogawa Electric Corporation (Japan), Rockwell Automation, Inc. (US), Larsen & Toubro Limited (India), Mitsubishi Electric Corporation (Japan), Schneider Electric SE (France), Emerson Electric Co. (US), Honeywell International Inc. (US), PSI AG (Germany), Technipfmc, Plc (UK), and International Business Machines Corporation (IBM) (US), among others.

Segmental Analysis

The global oil and gas SCADA market has been segmented based on architecture and sector.

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. 

On the basis of architecture, the global market is segmented as- hardware, software, and services. Among these, the hardware subsegment is expected to dominate the market owing to rising investments for incorporating automated devices in the oil & gas industry. Additionally, the hardware components are easy to install within existing infrastructure also leads to higher share of hardware subsegment during the forecast period.        

Regional Outlook

Region-wise, in 2018, 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. 

Scope of the Report

This report provides an in-depth analysis of the global oil & gas SCADA market, tracking four market segments across five geographic regions. 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. The scope of the study segments the global oil & gas SCADA market by its architecture, sector, and region.  

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Table Of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Size Estimation

3.4 Forecast Model

3.5 List Of Assumptions

3.6 Limitations Of The Study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Value Chain/Supply Chain Analysis

5.6 Porter’s Five Forces Analysis

5.6.1 Threat Of New Entrants

5.6.2 Bargaining Power Of Buyers

5.6.3 Bargaining Power Of Suppliers

5.6.4 Threat Of Substitutes

5.6.5 Competitive Rivalry

6 Global Oil & Gas SCADA Market, By Architecture

6.1 Introduction

6.2 Hardware

6.3 Software

6.4 Services

7 Global Oil & Gas SCADA Market, By Sector

7.1 Introduction

7.2 Upstream

7.3 Midstream

7.4 Downstream

Continued….

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