Oil & Gas Automation & Control Systems Market Revenue was valued at USD 25 Billion in 2024 and is estimated to reach USD 45 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The global Oil & Gas Automation & Control Systems market was valued at approximately USD 24.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2023 to 2030. The market is driven by the increasing demand for efficiency and safety in the oil and gas industry, which has prompted the adoption of advanced automation technologies. Automation in the oil and gas sector aids in streamlining operations, reducing human errors, and enhancing process control across exploration, drilling, and production. The rising demand for energy, coupled with the increasing need for reducing operational costs, is expected to fuel the growth of automation systems in oil and gas. Regionally, North America held the largest share of the market in 2022, accounting for over 35% of the global market share, due to the high adoption rate of automation technologies in the U.S. and Canada. The market in Europe followed closely, driven by stringent regulations and the need for improved efficiency in aging oil fields. The Asia Pacific region is anticipated to grow at the highest CAGR over the forecast period, fueled by growing investments in oil and gas exploration and production activities in countries like China and India. The Middle East and Africa are also seeing significant growth in automation and control systems, mainly driven by the expanding oil production capacity in countries such as Saudi Arabia and the UAE. Opportunities for market growth are particularly prominent in emerging economies, where increased investment in infrastructure development and the demand for advanced automation systems are gaining traction.
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ABB
GE(Baker Hughes)
Siemens
Cameron International
Halliburton
Emerson
GE
Honeywell
Kongsberg
Metso
Mitsubishi Electric
Omron
Rockwell Automation
Schlumberger
Schneider Electric
Weatherford
Yokogawa Electric
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Oil & Gas Automation & Control Systems Market
Supervisory Control and Data Acquisition (SCADA)
Distributed Control Systems (DCS)
Programmable Logic Controllers (PLC)
Safety Instrumented Systems (SIS)
Advanced Process Control (APC)
Hardware
Software
Services
Upstream
Midstream
Downstream
Oil and Gas
Power and Energy
Chemicals
Mining
Water and Wastewater Treatment
Food and Beverage
Pharmaceuticals
Field Instruments
Control Systems
Valves and Actuators
Remote Terminal Units (RTUs)
Human-Machine Interface (HMI)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Oil & Gas Automation & Control Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Oil & Gas Automation & Control Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Oil & Gas Automation & Control Systems Market, By Type
6. Global Oil & Gas Automation & Control Systems Market, By Application
7. Global Oil & Gas Automation & Control Systems Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Oil & Gas Automation & Control Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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