Global Automation Solutions in Shale Gas Market Size, Status and Forecast 2020-2026

SKU ID : QYR- 14565083

Publishing Date : 21-Feb-2020

No. of pages : 90

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  • d. The availability of unconventional forms of energy resources like shale gas, tight gas, and oil shale, among others is one of the key factors driving the growth of this market globally. To meet the rising energy demand from countries like India, China, and the US, the oil and gas industry has initiated the exploration of unconventional energy resources, such as shale gas, tight gas, oil shale, and others. According to EIA’s World Energy Outlook, the global demand for energy will grow by more than a third by 2035. The forecast also estimates that these countries may account for a 60% increase in global energy consumption. In the recent years, crude oil production in the US has expanded rapidly which is powered by oil extracted from the shale reserves such as Bakken, Permian Basin, and the Eagle Ford reserves. Shale gas production in the US rose from 5 Bcf per day in 2007 to 33 Bcf per day in 2013 at a rate of more than 550%. Therefore, the expansion of shale gas and shale oil exploration demands better infrastructure and improved methods for controlling, monitoring, and real-time sharing, thereby, propelling the growth prospects for the automation solutions market in the shale gas industry.
    In this industry research report, the analysts have estimated factors such as the increasing adoption of analytics in the shale gas industry will spur this market’s growth in the coming years. The computational analysis of data is a valuable asset that drives the decision-making process across most industries, including the shale gas industry. Most vendors in the automation solutions market are increasingly using analytics to enhance their business and boost value propositions. Moreover, analytics and statistical methods can be customized as per the market and industry requirements. The use of analytical methods also promotes decision-making with the least margin of errors, helps foresee problems, and identify the cause of errors. For instance, Siemens collaborated with SAP using the HANA cloud platform to offer voluminous data analysis and interpretation technologies. This collaboration has helped Siemens store critical data and offer effective plant data services. Additionally, analytics can be used to identify the need for maintenance and servicing, thus improving the overall efficacy of various operations and aiding in the growth of the automation solutions market until the end of 2020.
    Market Analysis and Insights: Global Automation Solutions in Shale Gas Market
    In 2019, the global Automation Solutions in Shale Gas market size was US$ 193.9 million and it is expected to reach US$ 208.1 million by the end of 2026, with a CAGR of 1.0% during 2021-2026.
    Global Automation Solutions in Shale Gas Scope and Market Size
    Automation Solutions in Shale Gas market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automation Solutions in Shale Gas market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
    Segment by Type, the Automation Solutions in Shale Gas market is segmented into Distributed Controller System (DCS), Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), etc.
    Segment by Application, the Automation Solutions in Shale Gas market is segmented into Shale Gas, Other, etc.
    Regional and Country-level Analysis
    The Automation Solutions in Shale Gas market is analysed and market size information is provided by regions (countries).
    The key regions covered in the Automation Solutions in Shale Gas market report are North America, Europe, China, Japan, Southeast Asia, India and Central& SoutHAmerica, etc.
    The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

    Competitive Landscape

    and Automation Solutions in Shale Gas Market Share Analysis
    Automation Solutions in Shale Gas market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Automation Solutions in Shale Gas business, the date to enter into the Automation Solutions in Shale Gas market, Automation Solutions in Shale Gas product introduction, recent developments, etc.
    The major vendors include ABB, Emerson Electric, Honeywell International, Schneider Electric, Siemens, Adept Technologies, Beckhoff, Bosch Rexroth, CgAutomationSolutionsUSA, EYELITE, GE, Idec, Keyence, etc.

    This report focuses on the global Automation Solutions in Shale Gas status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automation Solutions in Shale Gas development in North America, Europe, China, Japan, Southeast Asia, India and Central& SoutHAmerica.

    The key players covered in this study


    ABB
    Emerson Electric
    Honeywell International
    Schneider Electric
    Siemens
    Adept Technologies
    Beckhoff
    Bosch Rexroth
    CgAutomationSolutionsUSA
    EYELITE
    GE
    Idec
    Keyence

    Market segment by Type, the product can be split into


    Distributed Controller System (DCS)
    Supervisory Control and Data Acquisition (SCADA)
    Programmable Logic Controller (PLC)
    Manufacturing Execution System (MES)

    Market segment by Application, split into


    Shale Gas
    Other

    Market segment by Regions/Countries, this report covers


    North America
    Europe
    China
    Japan
    Southeast Asia
    India
    Central& SoutHAmerica

    The study objectives of this report are:


    To analyze global Automation Solutions in Shale Gas status, future forecast, growth opportunity, key market and key players.
    To present the Automation Solutions in Shale Gas development in North America, Europe, China, Japan, Southeast Asia, India and Central& SoutHAmerica.
    To strategically profile the key players and comprehensively analyze their development plan and strategies.
    To define, describe and forecast the market by type, market and key regions.

    In this study, the years considered to estimate the market size of Automation Solutions in Shale Gas are as follows:
    History Year: 2015-2019

    Base Year:

    2019

    Estimated Year:

    2020
    Forecast Year 2020 to 2026
    For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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