New ARC Advisory Group market research on the SCADA systems for the upstream and midstream oil & gas industry market reveals that SCADA systems are evolving to better support increased demand for field data in the most secure manner possible. End users utilize supervisory control and data acquisition (SCADA) technology to help reduce operational and maintenance costs and link operations to business processes for a variety of purposes, including business performance management and leveraging investments in existing assets and systems to optimize capital expenditures. The global SCADA market reflects the impact of the new economic reality on SCADA components and more cost-effective communications for both data and knowledge transfer.
"Today’s SCADA systems show a continued evolution of technology components that are easier to implement, integrate, and distribute, while providing improved capabilities and functionalities. Cloud hosted solutions and web-enabled mobility solutions continue to grow in popularity, particularly for users seeking to integrate SCADA with business and enterprise-level applications and supply chains. Beyond the traditional data gathering and control functions, the addition of business intelligence-enabled applications has enhanced the value of SCADA systems. These new applications give users better insight into the economics of their operations, the easier ability to validate nominations and pipeline allocations, and tools to track carbon emissions, which aids them in regulatory compliance and ESG-related reporting," according to Mark Sen Gupta Director of Consulting and key author of ARC's SCADA Systems for Oil and Gas Market Research.
SCADA Systems for Oil & Gas Market Trends
In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:
- Desire for More Data Intensifies
- Increased Available Bandwidth
- Increased Regulation
- More Field Compute Wanted
- Pandemic Shift
- Sustainability Demands Alternatives
Leading Suppliers to the SCADA Systems for Oil & Gas Market Identified
In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, AVEVA, Emerson Automation Solutions, Honeywell, Yokogawa.
About the SCADA Systems for Oil & Gas Research
The SCADA Systems for Oil and Gas research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis five-year market forecasts, and five years of historical analysis. The report segmentation includes Overall Scope, World Region, Industry Sector, Pipeline Type, Project Size, Project Type, Revenue Category, Hardware Revenues by Type, Service Revenues by Type, Software Revenues by Application, Sales Channel, Customer Type.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- MIRA Service: An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.
- Concise Market Analysis Report (PDF): This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
- Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF): A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports, including up to five years of historical analysis.
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