1 / 4

Global SCADA Oil and Gas Market Press Release

The global SCADA oil and gas market is estimated to garner a revenue of ~ USD 7 billion by the end of 2033 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 u2013 2033.

philip13
Download Presentation

Global SCADA Oil and Gas Market Press Release

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global SCADA Oil and Gas Market to be Propelled by Increasing Oil and Gas Production and Investments on Industry-Specific Exploration & Production (E&P) Activities by CAGR of ~6% During 2023 – 2033 Kenneth Research published a report titled “SCADA Oil and Gas Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global SCADA oil and gas market in terms of market segmentation by architecture, stream, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global SCADA oil and gas market is expected to hold a revenue of ~ USD 7 billion by 2033, growing from ~ USD 5 billion in 2022. The market growth can be attributed to the increase in oil and gas production worldwide, the investments in E&P activities, digital transformation in the oil and gas industry, and the spending on data centers.

  2. The global SCADA oil and gas market is expected to grow at a CAGR of ~6% from 2023- 2033. The market is segmented by stream into upstream, midstream, and downstream. Of these, the midstream segment is anticipated to hold the largest market share by the end of 2033, owing to the investment of large amounts towards the infrastructure development involving oil and gas pipelines. For more information’s@https://www.kennethresearch.com/report-details/scada-oil- and-gas-market-/10352476 The global SCADA oil and gas market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to hold the largest market share by the end of 2033, backed by large production of shale gas and investments on oil and gas pipelines. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Investments on E&P in Oil and Gas Industry to Boost the Market Growth It is estimated that an initial investment of about USD 541 billion was made in E&P in the oil industry in 2019. E&P companies play an important role in oil production as it is these companies that detect, extract and ship to the refineries the raw materials involved in oil and gas production. Here, the SCADA system comes of help as it allows

  3. manufacturers to monitor the activities in remote oil and gas sites during the upstream process and avoids the need for a personnel visit. However, huge initial investments, concerns over unemployment, and the need for skilled programmers, operators, and analysts are expected to operate as key restraints to the growth of the global SCADA oil and gas market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global SCADA oil and gas market which includes company profiling ofYokogawa Corporation of America, General Electric Company, Honeywell International Inc., Siemens Aktiengesellschaft, Schneider Electric SE, Rockwell Automation, Inc., Mitsubishi Electric Corporation, ORBCOMM Inc., ICONICS, Inc., Emerson Electric Co., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global SCADA oil and gas market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample-request- 10352476 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel

  4. Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609

More Related