SCADA Oil & Gas Market Survey Report 2018 Along with
Statistics, Forecasts till 2022
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.
Browse 95 Market Data Tables and 45 Figures spread through 169 Pages and in-depth TOC
on "SCADA Oil & Gas Market by System Architecture (Hardware Components, Softw are
Solutions (Cloud Based & Others), and Services), Value Stream (Upstream, Midstream, and
Downstream), and by Region - Trends and Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/oil-gas-scada-market-4710202.html
Early buyers will receive 10% customization on reports.
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 Contr oller
(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.