Energy and Power SCADA Oil & Gas Market | Page 3

• • To track and analyze competitive developments, such as contracts & agreements and partnerships and collaborations in the SCADA oil & gas market To strategically profile key players and comprehensively analyze their market shares and core competencies Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=4710202 The report segments SCADA oil & gas market based on architecture into hardware, software, and services. The hardware segment dominated the SCADA oil & gas market, by architecture, in 2016 accounting for the largest share in the total project spending. Hardware segment is followed b y the software and services segments in terms of market share. Rising investments focused on automated devices in the oil & gas infrastructure is expected to drive the hardware segment. Based on stream, the SCADA oil & gas market is segmented into upstream, midstream, and downstream. Midstream is the largest segment for the market of SCADA oil & gas , by value stream. Rising investments in pipeline infrastructure from countries, such as, the US, Canada, Russia, China, and India, is expected to drive the market during the forecast period. Buy Full Report Now @ https://www.marketsandmarkets.com/Purchase/purchase_report1.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 midstream segment 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. These investments are likely to drive the SCADA oil & gas market during the forecast period. 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. About MarketsandMarkets