Major Progress: Global SCADA in Oil & Gas Market Is Expected to Reach 5280 Million US$ by 2025


New York, NY -- (SBWIRE) -- 02/05/2019 -- Qyresearchreports include new market research report Global SCADA in Oil & Gas Market Size, Status and Forecast 2019-2025 to its huge collection of research reports.

SCADA is an automation system that helps to acquire data from remote devices, such as transmitters, pumps, and valves, installed in the field. It uses the SCADA software platform to provide remote control, and helps to operate the devices accordingly. It also functions as a graphic display, trending, alarm, and stores data. Earlier, a generic SCADA system was used to be implemented in all end-user industries; however, advances in technology have led to customized SCADA systems that are designed to meet specific requirements of each industry.

North America is expected to dominate the this market during the forecast period, due to increase in investments in the pipeline infrastructure and increased adoption of cloud services in the region. Growing investments in refineries and exploration of new oil & gas fields in the US and Canada is also expected to drive the demand for SCADA in the oil & gas industry in North America.

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In 2018, the global SCADA in Oil & Gas market size was 3410 million US$ and it is expected to reach 5280 million US$ by the end of 2025, with a CAGR of 5.6% during 2019-2025.

This report focuses on the global SCADA in Oil & Gas status, future forecast, growth opportunity, key market and key players. The study objectives are to present the SCADA in Oil & Gas development in United States, Europe and China.

The key players covered in this study
Schneider Electric
Rockwell Automation
Mitsubishi Electric
General Electric
Yokogawa Electric
Larsen & Toubro
Emerson Electric

Market segment by Type, the product can be split into

Market segment by Application, split into

Market segment by Regions/Countries, this report covers
United States
Southeast Asia
Central & South America

Read Detailed Research Study @ https://www.qyresearchreports.com/report/global-scada-in-oil-and-gas-market-size-status-and-forecast-2019-2025.htm

The study objectives of this report are:
To analyze global SCADA in Oil & Gas status, future forecast, growth opportunity, key market and key players.
To present the SCADA in Oil & Gas development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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