MRO Magazine

Automation Market Opportunities in the Global Liquefied Natural Gas (LNG) Industry – Emerging Need in North America & Australia – Research and Markets


May 6, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Automation Market Opportunities in the Global Liquefied Natural Gas (LNG) Industry” report to their offering.

The emerging needs of new liquefaction projects in North America and Australia and regasification terminals in Asia provide project opportunities that need to be addressed with a converged Information Technology – Operational Technology (IT-OT) solution rather than a traditional automation solution engagement model.

This research service on the automation market opportunities in the global LNG industry provides the landscape of the LNG market, planned and proposed LNG projects, changing customer buying behavior and the evolutionary business model for automation companies to grab emerging opportunities.

Key Findings:

  • On the supply side, so far, Qatar has been in control of the world’s LNG supply market; however, technological advancements in hydraulic fracturing have resulted in significant gas production from shale gas reserves in the US.
  • As the O&G industry is on the verge of Information Technology / Operational Technology (IT/OT) convergence and increased traction toward Industrial Internet of Things (IIoT), many global O&G customers are reviewing their buying strategies for automation solutions, resulting in increased value for their purchase.

Key Topics Covered:

1. Executive Summary

2. Global LNG Industry Landscape

3. Automation Market Opportunities in the Global LNG Industry

4. Top 3 Recommendations

For more information visit http://www.researchandmarkets.com/research/l6g8n2/automation_market

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Industrial Automation