Because of its growing adoption, the process automation system services segment is dominating the North American market. The North America Oil & Gas Process Automation & Instrumentation Market are estimated to grow at a CAGR of 5.69% North America is the second fastest growing region in the global oil and gas process automation and instrumentation market. The region is now a major producer and exporter of oil and gas.

NORTH AMERICA OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST 2018-2026

North America Oil & Gas Process Automation & Instrumentation Market by Technology (DCS (Distributed Control System) PLC (Programmable Logic Controller) Automation and Control System, Manufacturing Execution System, Safety Instrumented Systems, Others) by Solutions(Hardware, Software, Services) by Instrument(Field Instruments, Control Valves, Communication) & by Geography

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Report Summary

Because of its growing adoption, the process automation system services segment is dominating the North American market. The North America oil and gas process automation and instrumentation market is estimated to grow at a CAGR of 5.69%.

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North America is the second fastest growing region in the global oil and gas process automation and instrumentation market. The region is now a major producer and exporter of oil and gas. U.S oil and gas process automation and instrumentation market reigns this region. The largest deposits of oil shales are found in regions like Utah, Colorado, and Wyoming in this country. The lifting of the ban on oil exports and the eased restrictions for drilling on the government land has given a strong thrust to this industry in the US. Another prominent market for this region is Canada. The country’s oil sands are the third largest oil reserves in the world. Canada is also abundant in natural gas reserves. The growth of the upstream and midstream activities in the oil and gas sector in Canada has resulted in a growing demand for process automation and instrumentation systems.

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

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RESEARCH SCOPE
- STUDY GOALS
- SCOPE OF THE MARKET STUDY
- WHO WILL FIND THIS REPORT USEFUL?
- STUDY AND FORECASTING YEARS
RESEARCH METHODOLOGY
- SOURCES OF DATA
  - SECONDARY DATA
  - PRIMARY DATA
- TOP DOWN APPROACH
- BOTTOM-UP APPROACH
- DATA TRIANGULATION
- ESTIMATION METHODOLOGY
EXECUTIVE SUMMARY
MARKET OVERVIEW
- MARKET DEFINITION
- MARKET DRIVERS
  - HUGE INVESTMENTS IN R & D
  - INCREASED CRUDE PRODUCTION RATE DUE TO AUTOMATION & INSTRUMENTATION
  - RISING DEMAND FOR OIL & GAS
  - AUTOMATION & INSTRUMENTATION IMPROVES PROCESS EFFICIENCY & SAFETY
  - NEED FOR SOFTWARE TO DETECT AND REDUCE FAILURES
- MARKET RESTRAINTS
  - HIGH CAPITAL EXPENDITURE
  - LACK OF SKILLED WORKERS
  - SLUGGISH GROWTH IN DEVELOPED MARKETS
- MARKET OPPORTUNITIES
  - INCREASING ADOPTION OF PLC IN OIL & GAS SECTOR
  - INTERNET OF THINGS (IOT) APPLICATIONS ARE GROWING FAST
- MARKET CHALLENGES
  - LOWER OIL & GAS RESOURCES
  - THE NEED TO MINIMIZE OPERATING COSTS

NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY TECHNOLOGY 2018-2026 ($ BILLION)
- DCS (DISTRIBUTED CONTROL SYSTEM)
- PLC (PROGRAMMABLE LOGIC CONTROLLER)
- SCADA (SUPERVISORY CONTROL AND DATA ACQUISITION)
- ACS (AUTOMATION AND CONTROL SYSTEM)
- MES (MANUFACTURING EXECUTION SYSTEM)
- SIS (SAFETY INSTRUMENTED SYSTEMS)
- OTHERS
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY SOLUTIONS 2018-2026 ($ BILLION)
- HARDWARE
- SOFTWARE
- SERVICES
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY INSTRUMENT 2018-2026 ($ BILLION)
- FIELD INSTRUMENTS
- CONTROL VALVES
- COMMUNICATION
- OTHERS
KEY ANALYTICS
- PORTER’S 5 FORCE MODEL
  - THREAT OF SUBSTITUTE PRODUCTS
  - THREAT OF NEW ENTRANTS
  - BARGAINING POWER OF BUYERS
  - BARGAINING POWER OF SUPPLIERS
  - INTENSITY OF COMPETITIVE RIVALRY
- PESTEL ANALYSIS
  - POLITICAL
  - ENVIRONMENT
  - SOCIAL
  - TECHNOLOGY
  - ECONOMICS
  - LEGAL
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY COUNTRY 2018-2026 ($ BILLION)
- US
- CANADA
COMPANY PROFILES
- ABB LTD
- SIEMENS AG
- SCHNEIDER ELECTRIC SE
- MITSUBISHI ELECTRIC CORPORATION
- ROCKWELL AUTOMATION INC
- GENERAL ELECTRIC CORPORATION (GE)
- YOKOGAWA ELECTRIC CORPORATION
- WEATHERFORD INTERNATIONAL LTD
- BAKER HUGHES INCORPORATED
- TYCO INTERNATIONAL PLC
- BP PLC
- SIGIT AUTOMATION INC.
- EATON CORPORATION PLC
- ROYAL DUTCH SHELL PLC (SHELL)

TABLE LIST

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

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

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

TABLE 4 HARDWARE COMPONENTS

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

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

FIGURE LIST

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

FIGURE 2 OIL PRODUCTION (IN MILLION BARRELS PER DAY)

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

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

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

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

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

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

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

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

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

FIGURE 12 NORTH AMERICA 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 NORTH AMERICA OIL AND GAS PROCESS AUTOMATION AND INSTRUMENTATION MARKET FORECAST BY CONTROL VALVES & POSITIONERS 2018-2026 ($ BILLION)

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

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

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

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

Segmentation

NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY COUNTRY 2018-2026 ($ BILLION)
- US
- CANADA
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY TECHNOLOGY 2018-2026 ($ BILLION)
- DCS (DISTRIBUTED CONTROL SYSTEM)
- PLC (PROGRAMMABLE LOGIC CONTROLLER)
- SCADA (SUPERVISORY CONTROL AND DATA ACQUISITION)
- ACS (AUTOMATION AND CONTROL SYSTEM)
- MES (MANUFACTURING EXECUTION SYSTEM)
- SIS (SAFETY INSTRUMENTED SYSTEMS)
- OTHERS
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY SOLUTIONS 2018-2026 ($ BILLION)
- HARDWARE
- SOFTWARE
- SERVICES
NORTH AMERICA OIL & GAS PROCESS AUTOMATION & INSTRUMENTATION MARKET BY INSTRUMENT 2018-2026 ($ BILLION)
- FIELD INSTRUMENTS
- CONTROL VALVES
- COMMUNICATION
- OTHERS

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