Oil & Gas Automation Solutions Industry to See Rapid Growth to 2023, Predicts GMR Data in Its New Study Published at MarketPublishers.com03 Jan 2018 • by Natalie Aster
LONDON – The overall revenue generated by the oil & gas automation solutions industry globally are anticipated to gain traction in the foreseeable future, cumulatively reaching USD 76.9 billion in revenue terms by 2023 due to a fast-evolving uptake of automation systems for oil & gas production operations.
New comprehensive research report “Automation Solutions in Oil & Gas Industry” drawn up by GMR Data is designed to give an all-round assessment and forecast of the global market and each of its sub-segments.
The research report presents historical market figures for 2014-2015, revenue data for 2016, and also granular forecasts through to 2023. It identifies and thoroughly investigates a range of key market aspects such as the market scope; growth driving factors, hindrances and challenges; upcoming product trends and lucrative market opportunities. It also incorporates Porter’s fiver forces of the market. The report provides extensive market classification by operation stage, system type, and region-wise. For each of the segments discussed, the study presents an all-encompassing analysis and data for annual revenue data from 2014 to 2023. The bifurcation of all regional markets by nation and split of top country markets by system type over the projected period are also included. Furthermore, the report provides a granular examination of the current competitive scene and the forecasted manufacturing trends; and offers profiles of the world’s oil & gas automation solution vendors covering market leaders and significant emerging players.
Other new market research publications created by GMR Data are provided in the publisher’s catalogue at MarketPublishers.com.