Tidal Energy Market Competitive Landscape 2022 : Companies covered in the Tidal Energy Market are ABB, Emerson Electric, Honeywell International, Schneider Electric, Siemens, Rockwell Automation, General Electric, Yokogawa Electric, Mitsubishi Motors, Inductive Automation, Omron, Mitsubishi Heavy Industries and others.
This report focuses on the SCADA in Oil and Gas in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In terms of geography, the EMEA region dominates this market and is anticipated to grow at a CAGR of around 2.5% during the forecast period. Recently, it has been observed that the domestic oil consumption in the Middle Eastern countries has increased rapidly. To continue exporting oil and to fulfill their domestic demand, the Middle Eastern oil producers will have to increase their oil and gas exploration capacity. This increase in the oil and gas exploration capacity will enhance the utilization of SCADA solutions during the forecast period.
The worldwide market for SCADA in Oil and Gas is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017
SCADA is an automation system that helps to acquire data from remote devices, such as transmitters, pumps, and valves, installed in the field.
Rising Demand In Petroleum Industry, Gas Industry Driving the growth of Industry
Get a Sample PDF of report – https://www.360researchreports.com/enquiry/request-sample/13050979
Our Other Reports :