Automation Solutions Market in the Oil and Gas Industry to Grow at a CAGR of 1.1% During the Period 2016-2020

PUNE, INDIA, October 10, 2016 /EINPresswire.com/ -- Automation Solutions Market

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Operations in the oil and gas industry are divided into three major sectors: upstream, midstream, and downstream. Oil and gas companies in this industry are specialized in operations related to either of the three sectors. However, there are large integrated oil and gas companies, such as ExxonMobil, BP, and Chevron that have operations in all three sectors.

Research analysts forecast the global automation solutions market in the oil and gas industry to grow at a CAGR of 1.1% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automation solutions market in the oil and gas industry for 2016-2020. To calculate the market size, the report considers the revenue generated from sales and aftermarket services of automation solutions in the oil and gas industry.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Automation Solutions Market in the Oil and Gas Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• Emerson Electric
• Honeywell
• Rockwell Automation
• Schneider Electric
• Siemens

Other prominent vendors
• Beckhoff
• FANUC
• GE
• Hitachi
• IDEC
• Koyo Electronics
• Mitsubishi Electric
• Omron
• Parsec Automation
• Yokogawa

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