The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing need for oil and gas is likely to take the SCADA oil and gas industry ahead.

The global SCADA oil and gas market is expected to grow from $3.87 billion in 2022 to $4.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The global SCADA oil and gas market size is expected to reach $5.44 billion in 2027 at a CAGR of 6.9%.

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Global SCADA Oil And Gas Market Segments Include:

• By Type: Supervisory Control System, Data Acquisition System
• By System: Hardware, Software, Services
• By Industry: Upstream, Midstream, Downstream
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global SCADA oil and gas market in 2021.

Major Market Players in the SCADA oil and gas market include ABB Ltd., General Electric Company (GE), Schneider Electric SE, Rockwell Automation Inc., Siemens AG, Emerson Electric Co, ICONICS Inc., Mitsubishi Electric Corporation.

Product innovation has emerged as a major trend in the SCADA oil and gas sector. Major firms in the SCADA oil and gas market are producing unique solutions to increase their market position. For example, in February 2022, GE Digital, a software business based in the United States, released an improved version of its groundbreaking CIMPLICITY 2022 HMI/SCADA software. It is a tried-and-true, by-design secure automation platform that provides true client/server visualisation and control from single machines to global plant locations, assisting industrial companies in managing operations, enabling the connected worker, and achieving fast time to value with no/low code innovation. This new edition also includes the option to install on-premises, in the cloud, or in a hybrid architecture to reduce infrastructure and maintenance costs. CIMPLICITY’s operator interfaces provide power utility operators with innovative and trustworthy real-time monitoring assistance while working with GE Gas Power’s gas turbine fleet.

The SCADA Oil And Gas Global Market Report 2023  provides a SCADA oil and gas market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The SCADA oil and gas market forecast analyzes SCADA oil and gas market size, SCADA oil and gas market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

SCADA, which stands for Supervisory Control and Data Acquisition, is a software system that allows operators to monitor and communicate oil and gas well production. Automatic notifications and alerts are delivered if there are any problems. The gas and oil business can maintain its competitiveness by optimising its resources and processes.

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