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/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Five petroleum product pipelines were completed in the United States in 2024
The EIA has reported that in 2024, pipeline companies completed five pipeline projects to transport petroleum liquids in the United States, according to its recently updated Liquids Pipeline Projects Database. The five projects consisted of three hydrocarbon gas liquid (HGL) pipelines and two petroleum product pipelines.
