Global Oilfield Automation Market Growth (Status and Outlook) 2023-2029

Global Oilfield Automation Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Oilfield Automation Industry Forecast” looks at past sales and reviews total world Oilfield Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Oilfield Automation sales for 2023 through 2029. With Oilfield Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oilfield Automation industry.

This Insight Report provides a comprehensive analysis of the global Oilfield Automation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oilfield Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oilfield Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oilfield Automation and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oilfield Automation.

The global Oilfield Automation market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Oilfield Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Oilfield Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Oilfield Automation is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Oilfield Automation players cover ABB Ltd. (Switzerland), Endress+Hauser AG (Switzerland), Emerson Electric Co. (US), General Electric (US), Rockwell Automation, Inc. (US), Schneider Electric SE (France), Siemens AG (Germany) and Mitsubishi Electric Corp. (Japan), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Oilfield Automation market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Components
Software

Segmentation by application
Onshore
Offshore

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB Ltd. (Switzerland)
Endress+Hauser AG (Switzerland)
Emerson Electric Co. (US)
General Electric (US)
Rockwell Automation
Inc. (US)
Schneider Electric SE (France)
Siemens AG (Germany)
Mitsubishi Electric Corp. (Japan)
Honeywell International Inc. (US)
Yokogawa Electric Corp. (Japan).

Please note: The report will take approximately 2 business days to prepare and deliver.