Industrial Automation Oil And Gas Market Overview, Size And Forecast To 2032

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Industrial Automation Oil And Gas Global Market
Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Point-of-Use Industrial Automation Oil And Gas
Market Segments
The Business Research Company segments its
Point-of-Use Industrial Automation Oil And Gas
Market report as
Industrial Robots, Control Valves, Field
Instruments, Human Machine Interference (HMI),
Industrial PC, Process Analyzer, Intelligent
Pigging, Vibration Monitoring
By Component
Upstream, Midstream, Downstream
By Stream
Supervisory Control And Data Acquisition (SCADA),
Programmable Logic Controller (PLC), Distributed
Control Systems (DCS), Manufacturing Execution
System (MES), Functional Safety, Plant Asset
Management (PAM)
By Solutions
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Point-of-Use Industrial Automation Oil And Gas
Market Statistics
The global industrial automation oil and gas
market is expected to grow from 15.59 billion in
2022 to 16.82 billion in 2023 at a compound
annual growth rate (CAGR) of 7.9. The
Russia-Ukraine war disrupted the chances of
global economic recovery from the COVID-19
pandemic. The war between these two countries has
led to economic sanctions on multiple countries,
surge in commodity prices, and supply chain
disruptions, causing inflation across goods and
services and resulted in increased interest rates
affecting many markets across the globe. The
industrial automation oil and gas market is
expected to reach 22.18 billion in 2027 at a
CAGR of 7.2.
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Key Market Drivers And Trends
Drivers
The increasing usage of the Internet of Things
(IoT) is expected to propel the growth of the
industrial automation oil and gas market going
forward.
Trends
Product innovations are a key trend for gaining
popularity in the industrial automation oil and
gas market.
Region
Asia-Pacific was the largest region in the
industrial automation oil and gas market in 2022.
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Key Market Players

• Major players in the Point-of-Use Industrial
  Automation Oil And Gas Market are
• Siemens AG
• General Electric Company
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Honeywell International Inc.

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1. Measure the impact of high global inflation on
   market growth
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3. Get a comprehensive market sizing report with a
   truly global perspective covering 60 geographies
   from The Business Research Company, with data
   from 2017 to 2023 and forecasts up to 2032.
4. Assess the Russia-Ukraine wars impact on
   commodity supply and its direct and indirect
   impact on all the markets
5. Benchmark performance against key competitors.

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