NEW YORK, Nov. 30 2015 /PRNewswire/ -- Report Details
The oil and gas (O&G) automation and control (A&C) systems market is a well established sector of the oil and gas industry. A&C systems are applied to all segments from upstream to downstream, and serve a large variety of applications, from emergency shutdown of production facilities to control sensors checking flows in pipelines and automation systems assisting manufacturing processes in refineries. The first A&C systems were in operation as early as the 1960s and play a critical role in the oil and gas industry today.
Nevertheless, the overall trend in the automation and control systems market in the upcoming 10 years is one of growth, thanks to robust demand for process optimisation, safety measures and remote-control solutions in every segment of the O&G industry. A&C systems allow companies to monitor operations in real time and improve on-site decision-making in order to maximise production. They raise facility uptimes and lower maintenance costs in the long term. Finally, they are critical in cutting costs, from those related to process inefficiency to those of personnel.
Visiongain calculates that the 2015 global oil & gas automation & control systems market will be worth $18.68bn in sales value. This includes the market for Distributed Control Systems (DCSs), Programmable Logic Controllers (PLCs), Supervisory Control and Data Acquisition (SCADA) systems, Safety Instrumented Systems (SISs), Manufacturing Execution Systems (MESs) and the aggregated sales of other technologies such as Human Machine Interface (HMI), Remote Terminal Units (RTUs), etc.
Why you should buy the Oil & Gas Automation & Control (A&C) Systems Market 2015-2025 report
What is the future of the oil & gas automation & control systems market over the next ten years? How will the markets in different regions and for different technologies change over the next ten years? How will upstream, midstream and downstream markets for automation and control systems evolve? What are the leading companies in the market? Visiongain's comprehensive analysis contains highly quantitative content delivering solid conclusions benefiting your analysis and illustrates new opportunities and potential revenue streams helping you to remain competitive. This definitive report will benefit your decision making and help to direct your future business strategy.
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