EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST 2018-2026

The European Union is the world’s second-largest producer of petroleum products. Naturally, the Europe oil & gas process automation and instrumentation market is progressing at a healthy pace. Over the forecast period of 2018-2026, the market is expected to exhibit a CAGR of 4.08%.

Europe Oil & Gas Process Automation & Instrumentation Market

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The countries analyzed for this region include Russia, Germany, France, United Kingdom, Italy and the Rest of Europe. Rising energy demand from emerging economies, increasing adoption of PLC in oil & gas sector, and the rapid growth of the internet of things (IoT) applications are providing plenty of growth opportunities for the market in this region. Russia has one of the largest petroleum industries in the world. The country is blessed with abundant natural gas reserves and is one of the largest exporters of natural gas in the world. As a result, the market accounted for the highest revenue share in 2017. Germany is another promising market for this region, which is predicted to register the highest CAGR over the forecast period. The country is one of the largest energy consumers, witnessing a growing demand for oil and gas and derived products.

Some of the leading companies in the Oil And Gas Process Automation And Instrumentation market include Siemens Ag, Royal Dutch Shell Plc, ABB Ltd, Eaton Corporation Plc, Schneider Electric Se, Sigit Automation Inc, Mitsubishi Electric Corporation, Bp Plc, Rockwell Automation Inc, Tyco International Plc, General Electric Corporation (Ge), Baker Hughes Incorporated, Yokogawa Electric Corporation, and Weatherford International Ltd.

TABLE OF CONTENTS
  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. SCOPE OF THE MARKET STUDY
    3. WHO WILL FIND THIS REPORT USEFUL?
    4. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
      1. SECONDARY DATA
      2. PRIMARY DATA
    2. TOP DOWN APPROACH
    3. BOTTOM-UP APPROACH
    4. DATA TRIANGULATION
    5. ESTIMATION METHODOLOGY
  3. EXECUTIVE SUMMARY
  4. MARKET OVERVIEW
    1. MARKET DEFINITION
    2. MARKET DRIVERS
      1. HUGE INVESTMENTS IN R & D
      2. INCREASED CRUDE PRODUCTION RATE DUE TO AUTOMATION & INSTRUMENTATION
      3. RISING DEMAND FOR OIL & GAS
      4. AUTOMATION & INSTRUMENTATION IMPROVES PROCESS EFFICIENCY & SAFETY
      5. NEED FOR SOFTWARE TO DETECT AND REDUCE FAILURES
    3. MARKET RESTRAINTS
      1. HIGH CAPITAL EXPENDITURE
      2. LACK OF SKILLED WORKERS
      3. SLUGGISH GROWTH IN DEVELOPED MARKETS
    4. MARKET OPPORTUNITIES
      1. INCREASING ADOPTION OF PLC IN OIL & GAS SECTOR
      2. INTERNET OF THINGS (IOT) APPLICATIONS ARE GROWING FAST
    5. MARKET CHALLENGES
      1. LOWER OIL & GAS RESOURCES
      2. THE NEED TO MINIMIZE OPERATING COSTS
  5. EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY TECHNOLOGY 2018-2026 ($ BILLION)
    1. DCS (DISTRIBUTED CONTROL SYSTEM)
    2. PLC (PROGRAMMABLE LOGIC CONTROLLER)
    3. SCADA (SUPERVISORY CONTROL AND DATA ACQUISITION)
    4. ACS (AUTOMATION AND CONTROL SYSTEM)
    5. MES (MANUFACTURING EXECUTION SYSTEM)
    6. SIS (SAFETY INSTRUMENTED SYSTEMS)
    7. OTHERS
  6. EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY SOLUTIONS 2018-2026 ($ BILLION)
    1. HARDWARE
    2. SOFTWARE
    3. SERVICES
  7. EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY INSTRUMENT 2018-2026 ($ BILLION)
    1. FIELD INSTRUMENTS
    2. CONTROL VALVES
    3. COMMUNICATION
    4. OTHERS
  8. KEY ANALYTICS
    1. PORTER’S 5 FORCE MODEL
      1. THREAT OF SUBSTITUTE PRODUCTS
      2. THREAT OF NEW ENTRANTS
      3. BARGAINING POWER OF BUYERS
      4. BARGAINING POWER OF SUPPLIERS
      5. INTENSITY OF COMPETITIVE RIVALRY
    2. PESTEL ANALYSIS
      1. POLITICAL
      2. ENVIRONMENT
      3. SOCIAL
      4. TECHNOLOGY
      5. ECONOMICS
      6. LEGAL
    3. OPPORTUNITY MATRIX
    4. VENDOR LANDSCAPE
  9. EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY COUNTRY 2018-2026 ($ BILLION)
    1. RUSSIA
    2. GERMANY
    3. FRANCE
    4. UK
    5. ITALY
    6. REST OF EUROPE
  10. COMPANY PROFILES
    1. ABB LTD.
    2. SIEMENS AG
    3. SCHNEIDER ELECTRIC SE
    4. MITSUBISHI ELECTRIC CORPORATION
    5. ROCKWELL AUTOMATION INC.
    6. GENERAL ELECTRIC CORPORATION (GE)
    7. YOKOGAWA ELECTRIC CORPORATION
    8. WEATHERFORD INTERNATIONAL LTD.
    9. BAKER HUGHES INCORPORATED
    10. TYCO INTERNATIONAL PLC
    11. BP PLC
    12. SIGIT AUTOMATION INC.
    13. EATON CORPORATION PLC
    14. ROYAL DUTCH SHELL PLC (SHELL)

 

LIST OF TABLES

TABLE 1 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY COUNTRY 2018-2026 ($ BILLION)

TABLE 2 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY TECHNOLOGY 2018-2026 ($ BILLION)

TABLE 3 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY TYPE OF SOLUTIONS 2018-2026 ($ BILLION)

TABLE 4 HARDWARE COMPONENTS

TABLE 5 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY INSTRUMENT 2018-2026 ($ BILLION)

TABLE 6 EUROPE OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY COUNTRY 2018-2026 ($ BILLION)

 

LIST OF FIGURES

FIGURE 1 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY SOLUTION 2018-2026 ($ BILLION)

FIGURE 2 OIL PRODUCTION (IN MILLION BARRELS PER DAY)

FIGURE 3 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY DCS 2018-2026 ($ BILLION)

FIGURE 4 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY PLC 2018-2026 ($ BILLION)

FIGURE 5 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY SCADA 2018-2026 ($ BILLION)

FIGURE 6 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY ACS 2018-2026 ($ BILLION)

FIGURE 7 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY MES 2018-2026 ($ BILLION)

FIGURE 8 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY SIS 2018-2026 ($ BILLION)

FIGURE 9 EUROPE OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY OTHERS 2018-2026 ($ BILLION)

FIGURE 10 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY HARDWARE COMPONENTS 2018-2026 ($ BILLION)

FIGURE 11 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY SOFTWARE 2018-2026 ($ BILLION)

FIGURE 12 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET BY SERVICES 2017 – 2014 ($ BILLION)

FIGURE 13 OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY FIELD INSTRUMENTS 2018-2026 ($ BILLION)

FIGURE 14 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY CONTROL VALVES & POSITIONERS 2018-2026 ($ BILLION)

FIGURE 15 EUROPE OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY COMMUNICATION 2018-2026 ($ BILLION)

FIGURE 16 EUROPE OIL AND PROCESS AUTOMATION MARKET FORECAST BY OTHERS 2018-2026 ($ BILLION)

FIGURE 17 RUSSIA OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

FIGURE 18 GERMANY OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

FIGURE 19 FRANCE OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

FIGURE 20 UK OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

FIGURE 21 ITALY OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

FIGURE 22 REST OF EUROPE OIL & GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET 2018-2026 ($ BILLION)

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