Oil & Gas Automation and Control Systems Market to register sales of $18.68bn in 2015

 
 
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LONDON - Jan. 6, 2015 - PRLog -- LONDON, UK. 5th January 2014: Visiongain’s new 168 page report Oil & Gas Automation & Control (A&C) Systems Market 2015-2025: Forecasts for ACS, DCS, SCADA, MES, SIS, PLC & Other Systems 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.”

-  Luke Bevan, Energy Industry Analyst, Visiongain 2014

Visiongain 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 visiongain’s 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.

For further information about Oil & Gas Automation & Control (A&C) Systems Market 2015-2025: Forecasts for ACS, DCS, SCADA, MES, SIS, PLC & Other Systems please visit https://www.visiongain.com/Report/1370/Oil-Gas-Automation-Control-%28A-C%29-Systems-Market-2015-2025

Email: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

Contact
Sara Peerun
***@visiongainglobal.com
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