Oil & Gas Pipeline and Transportation Automation Market Forecast & Analysis | Application & Geography | Technavio Insights

NEW YORK, Aug. 16, 2021 /PRNewswire/ — Do you know that the Oil & Gas pipeline and transportation automation market…

NEW YORK, Aug. 16, 2021 /PRNewswire/ — Do you know that the Oil & Gas pipeline and transportation automation market has the potential to grow by USD 742.43 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 1.72%?     

This oil & gas pipeline and transportation automation market analysis report entails exhaustive statistical qualitative and quantitative data of the market by application (pipeline and LNG and terminal), geography (APAC, Europe, MEA, North America, and South America), and key vendors.

Some of the major highlights from Technavio’s Oil & Gas Pipeline and Transportation Automation Market report:

  • The Oil & Gas pipeline and transportation automation market has the potential to grow by USD 742.43 million during 2021-2025.
  • The key factor driving the oil and gas pipeline and transportation automation market growth is the expansion of oil terminals.
  • The increased use of alternative energy sources will challenge the growth of the market participants.
  • ABB Ltd., Eaton Corporation Plc, Emerson Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yokogawa Electric Corp. are a few of the key vendors in the oil and gas pipeline and transportation automation market.
  • 32% of the market’s growth will originate from APAC during the forecast period. China is a key market for oil and gas pipeline and transportation automation in APAC.
  • The demand for automation in pipelines is led by the increasing regulatory control over the oil and gas industry and the construction of new pipelines.

 Discover more by getting a free sample report Now!

Oil & Gas Pipeline and Transportation Automation Market Report: Overview

The Oil & Gas Pipeline and Transportation Automation market forecast report provides insights for your business strategies to reimage themselves.

Buy the Oil & Gas Pipeline and Transportation Automation market report to understand the magnitude of the economic impact on each segment.

Oil & Gas Pipeline and Transportation Automation: Key Drivers & Trends

According to our research output, there has been a negative impact on the market growth post-COVID-19 era. The key factors driving the oil and gas pipeline and transportation automation market growth are the benefits of pipelines over other modes of oil and gas transportation and new exploration policies. These new oil and gas exploration and production activities, along with improved and efficient pipelines for oil and gas transportation will significantly influence market growth over the forecast period. The challenges that the market will face are the technical challenges and high costs associated with the maintenance of pipeline and transportation infrastructure.

The Oil & Gas Pipeline and Transportation Automation Market report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

Segmentation by Key Vendors | Oil & Gas Pipeline and Transportation Automation 

The oil and gas pipeline and transportation automation market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves.

  • ABB Ltd.
  • Eaton Corporation Plc
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Corp.
  • OMRON Corp.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.

The oil and gas pipeline and transportation automation are fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

Segmentation by Key Regions | Oil & Gas Pipeline and Transportation Automation 

32% of the market’s growth will originate from APAC during the forecast period. China is a key market for oil and gas pipeline and transportation automation in APAC.

Market growth in this region will be faster than the growth of the market in Europe, North America, and South America. The high offshore capital expenditure and the increasing number of oil rigs and new oil platform installation projects will facilitate the oil and gas pipeline and transportation automation market growth in APAC over the forecast period. 

To garner further competitive intelligence and regional opportunities in store for vendors.

View our sample report

Segmentation by Application | Oil & Gas Pipeline and Transportation Automation

Pipelines are integral components of the oil and gas midstream sector and are highly preferred for oil and gas transportation. The demand for automation in pipelines is led by the increasing regulatory control over the oil and gas industry and the construction of new pipelines.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on the post-COVID-19 impact on each segment. 

Drop by to learn more about the future market trends at Technavio.

Table of Content

  • Key Insights
  • Oil & Gas Pipeline and Transportation Automation Market Overview
  • Market Sizing
  • Oil & Gas Pipeline and Transportation: Key Drivers & Trends
  • Oil & Gas Pipeline and Transportation by Application, Regions & Vendors
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email: media@technavio.com

Website: www.technavio.com/

Report: Oil and Gas Pipeline and Transportation Automation Market|Size, Share, Growth, Trends|Industry Analysis|Forecast 2025|Technavio

LinkedIn: https://www.linkedin.com/company/technavio

Twitter: https://twitter.com/Technavio

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/oil–gas-pipeline-and-transportation-automation-market-forecast–analysis–application–geography–technavio-insights-301355245.html

SOURCE Technavio