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The SCADA oil & gas market is expected to grow from an estimated USD 3.42 Billion in 2017 to USD 4.52 Billion by 2022, at a CAGR of 5.77%. The market is set to witness growth, due to increasing investments in pipeline networks, increasing penetration of cloud computing services in the SCADA system, and increased thrust on process optimization through automation and digitalization.
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The Report on SCADA Oil & Gas Market 2018 Studies, Insights by Experts, Forecast till 2022 www.MarketsandMarkets.com
The report "SCADA Oil & Gas Market by System Architecture (Hardware Components, Software Solutions (Cloud Based & Others), and Services), Value Stream (Upstream, Midstream, and Downstream), and by Region - Trends and Global Forecast to 2022", The SCADA oil & gas market is expected to grow from an estimated USD 3.42 Billion in 2017 to USD 4.52 Billion by 2022, at a CAGR of 5.77%. The market is set to witness growth, due to increasing investments in pipeline networks, increasing penetration of cloud computing services in the SCADA system, and increased thrust on process optimization through automation and digitalization. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=4710202
The midstream segment is expected to hold the largest share of the SCADA oil & gas market, by stream, during the forecast period With regard to the value stream, the midstreamsegment in the SCADA oil & gas market is expected to be the largest market in 2017. The growth in shale oil and gas production in the US is creating need for an expanded network of pipelines, rails, tankers, and terminals. The countries such as China, India, and Saudi Arabia are also expected invest in the oil & gas infrastructure in the next 5 years. Hardware is expected to be the largest segment in the SCADA oil & gas market in 2017 The hardware segment dominated the SCADA oil & gas market during the forecast period. The segment mainly involves Remote Terminal Equipment (RTU) or Programmable Logic Controller (PLC), communication equipment, field instrument, and control devices. Rising investments focused on automated devices in the oil & gas infrastructure is expected to drive the hardware segment. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=4710202
Browse >> 95 market data tables 45 figures 169 pagesand in-depth TOC on “SCADA Oil & Gas Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
North America: Expected to be the leading market for SCADA oil & gas during the forecast period The market in North America is expected to dominate the global SCADA oil & gas market. Driven by the increasing need for tracking real-time data, improved visibility, and control on production activities, the region is expected to witness rise in adoption of SCADA in the oil & gas industry. Growing investments in refineries and exploration of new oil and gas fields in the US and Canada are also expected to drive the demand for SCADA in the oil & gas industry. To enable an in-depth understanding of the competitive landscape, the report includes some of the top players in the SCADA oil & gas market. These players include ABB Ltd. (Switzerland), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Yokogawa Electric Corporation (Japan), General Electric Company (US), Honeywell International Inc. (US), CygNet Software, Inc. (US), Siemens AG (Germany) Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=4710202
Scope of the Report: • By Architecture • Hardware • Software • Service • By Stream • Upstream • Midstream • Downstream • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=4710202
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the market. These include • ABB Ltd. (Switzerland) • Schneider Electric SE (France) • Rockwell Automation, Inc. (US) • Yokogawa Electric Corporation (Japan) • General Electric Company (US) • Honeywell International Inc. (US) • CygNet Software, Inc. (US) • Siemens AG (Germany) • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=4710202
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