Oil And Gas Automation Market
PUBLISHED: 2025 ID: SMRC28596
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Oil And Gas Automation Market

Oil and Gas Automation Market Forecasts to 2030 - Global Analysis By Component (Hardware, Software and Services), Operation (Production Optimization, Energy Efficiency and Safety and Security), Technology, Application, End User and By Geography

4.6 (49 reviews)
4.6 (49 reviews)
Published: 2025 ID: SMRC28596

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Oil and Gas Automation Market is accounted for $19.04 billion in 2024 and is expected to reach $27.78 billion by 2030 growing at a CAGR of 6.5% during the forecast period. Oil and gas automation uses cutting-edge technologies like robotics, artificial intelligence (AI), and the Internet of Things (IoT) to increase operational efficiency, optimize procedures, and improve safety in exploration, production, and distribution operations. Predictive equipment maintenance, real-time monitoring of vital infrastructure and effective data analytics to lower operating expenses and downtime are all made possible by automation solutions. Moreover, advanced control systems, automated drilling systems, and remote pipeline monitoring improve accuracy while reducing the need for human intervention in dangerous situations.

According to a report by the World Economic Forum (WEF), the integration of digital technologies, including automation, in the oil and gas industry can lead to cost savings of up to $1 trillion by 2025. 

Market Dynamics: 

Driver: 

Efficiency in operations and cost cutting

Predictive maintenance systems minimize unplanned downtimes by detecting possible equipment failures before they happen, real-time data acquisition and analytics enable operators to monitor performance metrics, ensuring optimal utilization of resources like energy and labor, and automation improves production processes, including drilling, extraction, and refining, by minimizing errors and improving throughput, resulting in significant cost reductions across the value chain. Additionally, automation also helps oil and gas companies optimize their operational workflows, which leads to significant cost savings and improved efficiency.

Restraint:

Expensive initial investment costs

Significant upfront investment is required to implement automation technologies in the oil and gas industry, which is a major barrier for small and medium-sized enterprises (SMEs). It can be prohibitively expensive to deploy advanced systems, such as robotics, IoT-enabled sensors, artificial intelligence platforms, and automated control systems, and upgrading infrastructure to support automation, such as advanced communication networks and cloud computing capabilities, adds to the financial burden. Furthermore, these high capital requirements may delay adoption, particularly in areas where funding is scarce or where traditional methods still predominate.

Opportunity:

Enhanced attention to integration of renewable energy

The oil and gas sector is making more and more investments in renewable energy sources like wind, solar, and hydrogen in an effort to lower carbon footprints and diversify energy portfolios. In order to integrate renewable energy sources into conventional operations, automation is essential to the management of hybrid energy systems. Together with fossil fuels, renewable energy is generated, stored, and distributed as efficiently as possible owing to sophisticated control systems, real-time data analytics, and AI-driven platforms. Moreover, automation companies that offer solutions specifically designed for the integration of renewable energy have a huge market opportunity as a result of this shift toward greener operations.

Threat:

Rapid innovation and the obsolescence of technology

The speed at which automation, artificial intelligence, and robotics are developing could quickly render current systems outdated. Newer, more effective solutions may present problems for businesses that make significant investments in automation technologies, necessitating regular upgrades and reinvestment. Additionally, this puts businesses in a difficult position because they may be reluctant to implement automation because they are worried about the technology's durability and applicability, which may slow down market adoption rates.

Covid-19 Impact: 

Due to supply chain disruptions, a steep drop in global energy demand, and lower capital expenditures by oil and gas companies, the COVID-19 pandemic had a significant effect on the oil and gas automation market. Many operators were forced to postpone or reduce automation projects in favor of immediate cost-cutting measures due to the early stages of the pandemic's oil price collapse. Furthermore, the industry's recovery accelerated the adoption of cutting-edge technologies like artificial intelligence (AI), the Internet of Things (IoT), and robotics as businesses increasingly looked to automation to improve resilience, optimize production, and cut costs in a post-pandemic setting.

The Distributed Control Systems (DCS) segment is expected to be the largest during the forecast period

The Distributed Control Systems (DCS) segment is expected to account for the largest market share during the forecast period because DCS systems offer centralized control, real-time monitoring, and seamless process integration, they are widely used in the industry to ensure operational efficiency and safety. They are especially useful in petrochemical facilities and large refineries where exact control over a variety of parameters is necessary to preserve production quality and reduce downtime. Moreover, DCS is still the most popular automation solution due to the increasing demand for process optimization, energy efficiency, and compliance with strict safety regulations.

The Upstream (Exploration and Production) segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the Upstream (Exploration and Production) segment is predicted to witness the highest growth rate, driven by the growing use of cutting-edge technologies to maximize production and exploration efforts in difficult settings. By increasing resource discovery, increasing drilling accuracy, and lowering operating costs, automation solutions like AI-powered predictive analytics, real-time data acquisition systems, and autonomous drilling rigs are revolutionizing upstream operations. The segment's growth is further accelerated by the rising need for automation in unconventional resource extraction, such as deepwater oil fields and shale gas. Additionally, the integration of automation technologies in upstream activities is driven by the need to improve operational efficiency in remote or hazardous locations, address environmental concerns, and enhance worker safety.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share, driven by the presence of thriving oil and gas industry and the region's large investments in cutting-edge technologies. Because of its extensive shale gas production, offshore drilling operations, and emphasis on operational efficiency and safety, the United States leads the world in the adoption of automation solutions. A highly qualified workforce, sophisticated infrastructure, and a large concentration of major automation providers offering cutting-edge technologies like IoT, AI, and robotics are all advantages for the area. Furthermore, automation adoption has also been accelerated by the drive to lower operating costs and comply with strict environmental regulations.

Region with highest CAGR:

Over the forecast period, the Asia-Pacific region is anticipated to exhibit the highest CAGR, driven by significant investments in oil and gas infrastructure across nations like China, India, and Southeast Asia, as well as by fast industrialization and rising energy demand. Automation technologies like sophisticated sensors, control systems, and real-time monitoring solutions are becoming essential for increasing efficiency and safety as these nations increase their exploration and production activities, especially in offshore oil fields. Moreover, in order to comply with environmental regulations and enhance operational performance, the region is also concentrating on modernizing its aging infrastructure and implementing smart technologies.

Key players in the market

Some of the key players in Oil and Gas Automation market include Cisco Systems Inc., ABB Ltd., Rockwell Automation Inc., General Electric (GE), Honeywell International Inc., Schneider Electric SE, Johnson Controls International Plc, Emerson Electric Co., Robert Bosch GmbH, Mitsubishi Electric Corporation, HCL Technologies Ltd., Siemens AG, Eaton Corporation, Invensys and Yokogawa Electric Corporation.

Key Developments:

In December 2024, Honeywell announced the signing of a strategic agreement with Bombardier, a global leader in aviation and manufacturer of world-class business jets, to provide advanced technology for current and future Bombardier aircraft in avionics, propulsion and satellite communications technologies.

In November 2024, Cisco and MGM Resorts International have announced a multi-year whole portfolio agreement (WPA) that will provide MGM Resorts with access to the majority of Cisco’s software portfolio. This includes cybersecurity, software-defined networking, software-defined WAN [wide area network], digital experience assurance, full-stack observability, data centre and services. 

In October 2024, Rockwell Automation, Inc. announced it has signed an agreement with Taurob to provide a holistic robotic solution that would enable industrial organizations to move towards autonomous operations in their facilities. Taurob designs and manufactures ground robots for inspection, maintenance and data collection to optimize and enhance efficiency on a variety of industrial sites.

Components Covered:
• Hardware
• Software
• Services 
 
Operations Covered:
• Production Optimization
• Energy Efficiency
• Safety and Security 

Technologies Covered:
• Sensors & Transmitters
• Distributed Control Systems (DCS)
• Programmable Logic Controllers (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Safety Instrumented Systems (SIS)
• Variable Frequency Drive (VFD)
• Manufacturing Execution System (MES)
• Industrial Asset Management
• Other Technologies 

Applications Covered:
• Upstream (Exploration and Production)
• Midstream (Pipeline Operations)
• Downstream (Refining and Petrochemical Manufacturing) 

End Users Covered:
• Integrated Oil and Gas Companies
• National Oil Companies
• Independent Oil and Gas Companies

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface         

 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Technology Analysis        
 3.7 Application Analysis        
 3.8 End User Analysis        
 3.9 Emerging Markets        
 3.10 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Oil and Gas Automation Market, By Component         
 5.1 Introduction        
 5.2 Hardware        
 5.3 Software        
 5.4 Services        
          
6 Global Oil and Gas Automation Market, By Operation         
 6.1 Introduction        
 6.2 Production Optimization        
 6.3 Energy Efficiency        
 6.4 Safety and Security        
          
7 Global Oil and Gas Automation Market, By Technology         
 7.1 Introduction        
 7.2 Sensors & Transmitters        
 7.3 Distributed Control Systems (DCS)        
 7.4 Programmable Logic Controllers (PLC)        
 7.5 Supervisory Control and Data Acquisition (SCADA)        
 7.6 Safety Instrumented Systems (SIS)        
 7.7 Variable Frequency Drive (VFD)        
 7.8 Manufacturing Execution System (MES)        
 7.9 Industrial Asset Management        
 7.10 Other Technologies        
          
8 Global Oil and Gas Automation Market, By Application         
 8.1 Introduction        
 8.2 Upstream (Exploration and Production)        
 8.3 Midstream (Pipeline Operations)        
 8.4 Downstream (Refining and Petrochemical Manufacturing)        
          
9 Global Oil and Gas Automation Market, By End User         
 9.1 Introduction        
 9.2 Integrated Oil and Gas Companies        
 9.3 National Oil Companies        
 9.4 Independent Oil and Gas Companies        
          
10 Global Oil and Gas Automation Market, By Geography         
 10.1 Introduction        
 10.2 North America        
  10.2.1 US       
  10.2.2 Canada       
  10.2.3 Mexico       
 10.3 Europe        
  10.3.1 Germany       
  10.3.2 UK       
  10.3.3 Italy       
  10.3.4 France       
  10.3.5 Spain       
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan       
  10.4.2 China       
  10.4.3 India       
  10.4.4 Australia       
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil       
  10.5.3 Chile       
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia       
  10.6.2 UAE       
  10.6.3 Qatar       
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa       
          
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions        
 11.5 Other Key Strategies        
          
12 Company Profiling         
 12.1 Cisco Systems Inc.        
 12.2 ABB Ltd.        
 12.3 Rockwell Automation Inc.        
 12.4 General Electric (GE)        
 12.5 Honeywell International Inc.        
 12.6 Schneider Electric SE        
 12.7 Johnson Controls International Plc        
 12.8 Emerson Electric Co.        
 12.9 Robert Bosch GmbH        
 12.10 Mitsubishi Electric Corporation        
 12.11 HCL Technologies Ltd.        
 12.12 Siemens AG        
 12.13 Eaton Corporation        
 12.14 Invensys        
 12.15 Yokogawa Electric Corporation        
          
List of Tables          
1 Global Oil and Gas Automation Market Outlook, By Region (2022-2030) ($MN)         
2 Global Oil and Gas Automation Market Outlook, By Component (2022-2030) ($MN)         
3 Global Oil and Gas Automation Market Outlook, By Hardware (2022-2030) ($MN)         
4 Global Oil and Gas Automation Market Outlook, By Software (2022-2030) ($MN)         
5 Global Oil and Gas Automation Market Outlook, By Services (2022-2030) ($MN)         
6 Global Oil and Gas Automation Market Outlook, By Operation (2022-2030) ($MN)         
7 Global Oil and Gas Automation Market Outlook, By Production Optimization (2022-2030) ($MN)         
8 Global Oil and Gas Automation Market Outlook, By Energy Efficiency (2022-2030) ($MN)         
9 Global Oil and Gas Automation Market Outlook, By Safety and Security (2022-2030) ($MN)         
10 Global Oil and Gas Automation Market Outlook, By Technology (2022-2030) ($MN)         
11 Global Oil and Gas Automation Market Outlook, By Sensors & Transmitters (2022-2030) ($MN)         
12 Global Oil and Gas Automation Market Outlook, By Distributed Control Systems (DCS) (2022-2030) ($MN)         
13 Global Oil and Gas Automation Market Outlook, By Programmable Logic Controllers (PLC) (2022-2030) ($MN)         
14 Global Oil and Gas Automation Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2022-2030) ($MN)         
15 Global Oil and Gas Automation Market Outlook, By Safety Instrumented Systems (SIS) (2022-2030) ($MN)         
16 Global Oil and Gas Automation Market Outlook, By Variable Frequency Drive (VFD) (2022-2030) ($MN)         
17 Global Oil and Gas Automation Market Outlook, By Manufacturing Execution System (MES) (2022-2030) ($MN)         
18 Global Oil and Gas Automation Market Outlook, By Industrial Asset Management (2022-2030) ($MN)         
19 Global Oil and Gas Automation Market Outlook, By Other Technologies (2022-2030) ($MN)         
20 Global Oil and Gas Automation Market Outlook, By Application (2022-2030) ($MN)         
21 Global Oil and Gas Automation Market Outlook, By Upstream (Exploration and Production) (2022-2030) ($MN)         
22 Global Oil and Gas Automation Market Outlook, By Midstream (Pipeline Operations) (2022-2030) ($MN)         
23 Global Oil and Gas Automation Market Outlook, By Downstream (Refining and Petrochemical Manufacturing) (2022-2030) ($MN)         
24 Global Oil and Gas Automation Market Outlook, By End User (2022-2030) ($MN)         
25 Global Oil and Gas Automation Market Outlook, By Integrated Oil and Gas Companies (2022-2030) ($MN)         
26 Global Oil and Gas Automation Market Outlook, By National Oil Companies (2022-2030) ($MN)         
27 Global Oil and Gas Automation Market Outlook, By Independent Oil and Gas Companies (2022-2030) ($MN)         
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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