New report on global oil and gas pipeline automation
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
The 'Global Oil and Gas Pipeline and Transportation Automation Market 2018-2022' report has been added to ResearchAndMarkets.com's offering. The global oil and gas pipeline and transportation automation to grow at a CAGR of 7.23% during the period 2018 - 2022.
The oil and gas pipeline and transportation automation market comprises automation solutions such as supervisory control and data acquisition (SCADA), distributed control system (DCS), programmable logic controllers (PLCs) and other management systems for the midstream sector in the oil and gas industry.
The report covers the present scenario and the growth prospects of the global oil and gas pipeline and transportation automation for 2018 - 2022. To calculate the market size, the report considers the revenue generated from the use of oil and gas pipeline and transportation automation across applications including the pipeline, LNG and terminal sectors. The report also includes a discussion of the key vendors operating in this market.
According to the report, the latest trend gaining momentum in the market is a rise in mobile monitoring.
Further, the report states that one of the major factors hindering the growth of this market is the high costs associated with automating pipeline and transportation infrastructure.
Key vendors discussed include:
- ABB.
- Emerson Electric.
- Honeywell.
- Rockwell Automation.
- Siemens.
- Yokogawa Electric.
Read the article online at: https://www.worldpipelines.com/business-news/16082018/new-report-on-global-oil-and-gas-pipeline-automation/
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