MRO Magazine

Global Automation Solutions Market in Shale Gas Industry 2016-2020 – Volatility of Crude Oil & Natural Gas Prices a Key Challenge – Research and Markets


July 1, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Automation Solutions Market in Shale Gas Industry 2016-2020” report to their offering.

The report forecasts the global automation solutions market to grow at a CAGR of 1.05% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The computational analysis of data (analytics) is a valuable asset that drives decision-making across various industries including the shale gas industry. The automation market is no exception, and vendors use analytics to enhance their business and boost value propositions. Analytics and statistical models can be custom-designed to meet market requirements. The use of such technologies boosts decision-making with the least margin for errors, helps anticipate future problems, and identifies the cause of errors.

According to the report, the shale gas industry is composed of various upstream, midstream, and downstream processes and operations that must function at optimum levels to ensure production and distribution of the products effectively. The use of automation technologies helps prevent wastage, increases efficiency, and reduces overall expenditure.

Further, the report states that sustained declines in crude oil and natural gas prices in the last two years may compel oil and gas companies to divest in infrastructure for the next two to three years. This may cast a negative influence on the automation solutions, such as DCS, PLC, SCADA, and MES, which monitor, control, and regulate shale gas exploration, production, and transportation.

Key vendors:

  • ABB
  • Emerson
  • Honeywell
  • Schneider
  • Siemens

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Automation industry value chain

PART 06: Shale gas industry value chain

PART 07: Market landscape

PART 08: Market segmentation by types of automation solutions

PART 09: Geographical segmentation

PART 10: Key leading countries

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/rzwxmm/global_automation

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