Scada Oil And Gas Market Report

Market Insights

SCADA Oil & Gas Market is likely to witness an impressive CAGR of 5.6% during the forecast period. The growth of the market is mainly driven by factors such as increasing investments in the oil & gas pipeline networks along with the increasing demand for remote management of oil & gas pipelines and surge in penetration of cloud computing services in SCADA system. Furthermore, increasing demand for real-time information is another key driver contributing to the growth of the market.

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Segments' Analysis

SCADA Oil & Gas Market Share: By Architecture Type

Based on the architecture type, the market is segmented as hardware components, software solutions, and services. The hardware components segment held the largest share of the market in 2021, and is expected to remain dominant during the forecast period. Hardware components are easy to install in an existing infrastructure and increasing investments for incorporating automated devices in the oil & gas industry are fueling the growth of the market.

SCADA Oil & Gas Market Share: By Stream Type

Based on the stream type, the SCADA oil & gas market is segmented as upstream, midstream, and downstream. The midstream segment dominates the market, owing to the increasing investments in the pipeline infrastructure from countries such as the US, Canada, Russia, China, and India. The development in shale oil & gas production in the USA has led to the requirement for an extended system of tankers, pipelines, terminals, and rails, which is driving the growth of the segment.

SCADA Oil & Gas Market Share: By Region

In terms of regions, North America is estimated to be the largest market for SCADA oil & gas during the forecast period. The growth of the market is driven by the increasing investments in the pipeline infrastructure and growing adoption of cloud services in the region. Rise in spending in refineries and exploration of new oil & gas fields in the US and Canada are further expected to generate the demand for SCADA in the oil & gas industry in the North American region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities over the forecast period.

Market Scope & Segmentation

SCADA is an architecture of control system comprising computers, networked data communications and graphical user interfaces supervisory management. SCADA systems are used in the oil and gas refining and transportation industries to monitor and control a plant or equipment. It assists in obtaining data from remote devices such as valves, transmitters, and pumps, introduced in the field. The various sub-segments and components of the oil & gas SCADA system are programmable logic controllers (PLCs), industrial PCs, RTUs, servers, telemetry systems, and a supervisory system that provides various advantages in the production processes of the oil & gas industry.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The SCADA oil & gas market is segmented into the following categories.

SCADA Oil & Gas Market Size, Share, & Forecast, by Architecture Type:

• Hardware Components (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Software Solutions
  • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
  • Type Analysis: Cloud-Based Solutions and Other Software Solutions
• Services (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

SCADA Oil & Gas Market Size, Share, & Forecast, by Stream Type:

• Upstream (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Midstream (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Downstream (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

SCADA Oil & Gas Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Key Players

Major players in the SCADA oil & gas market are-

• Yokogawa Electric Corporation
• General Electric Company
• Honeywell International Inc.
• CygNet Software, Inc.
• Siemens AG
• Schneider Electric SE
• Rockwell Automation, Inc.
• Mitsubishi Electric Corporation
• Orbcomm Inc.
• International Business Machines Corporation, and
• Emerson Electric Co.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the architecture types by stream type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.