|
(Transportation-News.com, September 20, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automation Solutions in Shale Gas market for 2018-2023. d. The availability of unconventional forms of energy resources like shale gas, tight gas, and oil shale, among others is one of the key factors driving the growth of this market globally. To meet the rising energy demand from countries like India, China, and the US, the oil and gas industry has initiated the exploration of unconventional energy resources, such as shale gas, tight gas, oil shale, and others. According to EIA’s World Energy Outlook, the global demand for energy will grow by more than a third by 2035. The forecast also estimates that these countries may account for a 60% increase in global energy consumption. In the recent years, crude oil production in the US has expanded rapidly which is powered by oil extracted from the shale reserves such as Bakken, Permian Basin, and the Eagle Ford reserves. Shale gas production in the US rose from 5 Bcf per day in 2007 to 33 Bcf per day in 2013 at a rate of more than 550%. Therefore, the expansion of shale gas and shale oil exploration demands better infrastructure and improved methods for controlling, monitoring, and real-time sharing, thereby, propelling the growth prospects for the automation solutions market in the shale gas industry. In this industry research report, the analysts have estimated factors such as the increasing adoption of analytics in the shale gas industry will spur this market’s growth in the coming years. The computational analysis of data is a valuable asset that drives the decision-making process across most industries, including the shale gas industry. Most vendors in the automation solutions market are increasingly using analytics to enhance their business and boost value propositions. Moreover, analytics and statistical methods can be customized as per the market and industry requirements. The use of analytical methods also promotes decision-making with the least margin of errors, helps foresee problems, and identify the cause of errors. For instance, Siemens collaborated with SAP using the HANA cloud platform to offer voluminous data analysis and interpretation technologies. This collaboration has helped Siemens store critical data and offer effective plant data services. Additionally, analytics can be used to identify the need for maintenance and servicing, thus improving the overall efficacy of various operations and aiding in the growth of the automation solutions market until the end of 2020. Over the next five years, this report projects that Automation Solutions in Shale Gas will register a 1.1% CAGR in terms of revenue, reach US$ 210 million by 2023, from US$ 200 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Automation Solutions in Shale Gas market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Distributed controller system (DCS) Supervisory control and data acquisition (SCADA) Programmable logic controller (PLC) Manufacturing execution system (MES) Segmentation by application: Shale Gas Other This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: ABB Emerson Electric Honeywell International Schneider Electric Siemens Adept Technologies Beckhoff Bosch Rexroth CG Automation Solutions USA EYELITE GE Idec Keyence In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Automation Solutions in Shale Gas consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Automation Solutions in Shale Gas market by identifying its various subsegments. Focuses on the key global Automation Solutions in Shale Gas manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Automation Solutions in Shale Gas with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Automation Solutions in Shale Gas submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
To get Free Sample or to Buy this report at discounted price visit: https://www.nxtgenreports.com/market-research-reports/2018-2023-global-automation-solutions-in-shale-gas
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information: Madhuri Vetal NxtGen Reports Email: sales@nxtgenreports.com Phone: +918551022388 More Report at: https://www.nxtgenreports.com/market-research-reports
NxtGen Reports
Madhuri Vetal
+918551022388
sales@nxtgenreports.com
Source: EmailWire.Com
Source: EmailWire.com
|