Oil & Gas Pipeline and Transportation Automation Market in Industrial Machinery Industry to grow by $ 742.43 million| Emerging Trends, Company Risk, and Key Executives Technavio
NEW YORK, July 9, 2021 /PRNewswire/ — The oil and gas pipeline and transportation automation market is set to grow by USD 742.43 million, progressing at a CAGR of almost 2% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio offer in-depth market insights that assist global businesses to obtain growth opportunities
Download FREE Sample Report
Read the 120-page report with TOC on “Oil and Gas Pipeline and Transportation Automation Market Analysis Report by Application (Pipeline and LNG and terminal) and Geography (North America, APAC, Europe, MEA, and South America), and the Segment Forecasts,2021-2025″. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/oil-and-gas-pipeline-and-transportation-automation-market-industry-analysis
The oil and gas pipeline and transportation automation market are driven by the expansion of oil terminals. In addition, the benefits of pipelines over other modes of oil and gas transportation are anticipated to boost the growth of the oil and gas pipeline and transportation automation market.
Oil terminals serve as centers for oil and gas transportation. Globally, the rising energy demand has resulted in the increase in new oil terminals and pipeline constructions as the continuous need for energy is demanding new oil and gas infrastructure. Some of the oil terminal projects are Fujairah Oil Terminal to increase its storage capacity, Saudi Aramco constructed the Muajjiz oil terminal, the Port of Corpus Christi Commission approved the construction of refined petroleum products terminal. These new oil and gas exploration and production activities, along with improved and efficient pipelines for oil and gas transportation, will drive the growth of the market in focus during the forecast period.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
Major Five Oil and Gas Pipeline and Transportation Automation Companies:
ABB Ltd. operates business through Electrification, Industrial Automation, Motion, Robotics, and Discrete Automation, and Corporate and Other. The company offers pipeline technology and all related operations for the transportation of oil and gas from the wellhead to the refinery such as gas processing, terminals, and storage, pumping stations, cargo tankers, etc.
Eaton Corporation Plc
Eaton Corporation Plc operates business through Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace, Vehicle, and eMobility. The company offers solutions for upstream, midstream, and downstream applications for both onshore and offshore drilling.
Emerson Electric Co.
Emerson Electric Co. operates business through Automation Solutions and Commercial and Residential Solutions. The company provides gas transmission and distribution, liquid transmission, and storage solutions.
Honeywell International Inc.
Honeywell International Inc. operates business through Aerospace, Honeywell Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. The company offers advanced software solutions along with the expertise to integrate third-party pipelines software manufacturers or in-house developed custom applications.
Mitsubishi Electric Corp.
Mitsubishi Electric Corp. operates business through Energy and Electric Systems, Industrial Automation Systems, Information and Communication Systems, Electronic Devices, Home Appliances, and Other. The company offers a variety of solutions such as rotating equipment, including electric motors, gas generators, pumps, and compressors, among others for oil and gas operations.
Oil And Gas Pipeline And Transportation Automation Market Application Outlook (Revenue, USD million, 2020-2025)
- Pipeline – size and forecast 2020-2025
- LNG and terminal – size and forecast 2020-2025
Oil And Gas Pipeline And Transportation Automation Market Geography Outlook (Revenue, USD million, 2020-2025)
- North America – size and forecast 2020-2025
- APAC – size and forecast 2020-2025
- Europe – size and forecast 2020-2025
- MEA – size and forecast 2020-2025
- South America – size and forecast 2020-2025
Know more about the global trends impacting the future of market research, download a free sample:
Related Reports on Industrials Include:
Global Compressor Control Systems Market– The compressor control systems market is segmented by product (control elements and communication), end-user (process manufacturing and discrete manufacturing), geography (APAC, North America, Europe, South America, and MEA), and key vendors.
Download FREE Sample Report
Global Industrial Boiler Market– The industrial boiler market is segmented by end-user (food and beverages, chemicals and petrochemicals, pulp and paper, oil and gas, and other end-users), geography (APAC, Europe, North America, MEA, and South America), and key vendors.
Download FREE Sample Report
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Report link: https://www.technavio.com/report/oil-and-gas-pipeline-and-transportation-automation-market-industry-analysis
View original content to download multimedia:https://www.prnewswire.com/news-releases/oil–gas-pipeline-and-transportation-automation-market-in-industrial-machinery-industry-to-grow-by–742-43-million-emerging-trends-company-risk-and-key-executives-technavio-301328368.html
Read More: Oil & Gas Pipeline and Transportation Automation Market in Industrial Machinery Industry to grow by $ 742.43 million| Emerging Trends, Company Risk, and Key Executives Technavio