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Analysis of Global Automation and Control Systems (ACS) Market in the Upstream Oil and Gas (O&G) Industry

Decline in “Easy Oil” Production Drives Growth in Smart Oil Field Solutions

  • Research Code : ND09-01-00-00-00
  • SKU : IA00123-GL-MR_02274
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  • Release Date : 17-Feb-2014
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Abundant offshore reserves, regional requirements for energy independence, and high depletion rates in existing fields led to a growing investment climate for automation systems amongst end users in the upstream oil and gas (O&G) market. While traditional systems that facilitate control and safety across the upstream value chain continue to evolve into integrated packaged solutions, end users seek new tools to enhance operational productivity. This research study provides upstream O&G value chain participants a detailed analysis on key market trends, forecasts, competitive landscaping, product-level bifurcation, and regional dynamics for ACS used in the upstream O&G market. The base year is 2013 and forecasts run from 2014 to 2020.

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