Automation

Manufacturing companies are constantly looking for new ways to streamline their operations, increase the productivity and profitability of operations. They now seek to optimize one of their own most valuable assets—data. New data grows exponentially because of the increase in the level of networking and connectivity among people and machines/devi...

In the age of rising digitalization and Industry 4.0 initiatives, the quest to maintain the highest security possible is ongoing. The global ICS cybersecurity market is witnessing steady growth, with companies focused on enhancing the security and resilience of critical industrial assets. Industrial companies seek to secure and optimize their Oper...

02 Dec 2019  |  Global  |  Market Research

Digitization of Oil and Gas—Understanding the Impact of IIoT-based Monitoring

Demand for IIoT-based Solutions Increasing Due to Regulatory Requirements and Need to Limit Downtime and Leakage Loss

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This research service presents the opportunities for monitoring solutions based on the Industrial Internet of Things (IIoT) across the upstream, midstream, and downstream segments of the oil and gas industry. The study presents information on the various market trends with respect to sensing, monitoring, and emerging IIoT-based solutions in several...

The global Supervisory Control and Data Acquisition (SCADA) market is a well-established market and is witnessing a period of medium-to-low growth. It was valued at $5.29 billion in 2018 and is projected to reach $5.76 billion by 2023, growing at a CAGR of 1.7% from 2018 to 2023. The market has been holistically analyzed through 3 main segments, in...

In today’s competitive environment, companies are striving to use cutting-edge technology to stay ahead of the competition. Digital manufacturing is a subset of Product Lifecycle Management (PLM) and is an integrated approach to use computer technology for simulation, 3D visualization, and analytics to support manufacturing processes and improve ...

The manufacturing and production industry is set for radical transformation spurred by 5 key forces (the cloud, Big Data, analytics, virtualization, and the Internet of Things). These technologies will sustain the future manufacturing community and ensure sustainable growth and profitability. This study investigates the impact of these forces on pr...

The global oil demand has been increasing at a near constant rate and increasing deep-sea oil and gas finds are leading to more deep-sea rigs. A growing number of ROVs per rig has resulted in a nearly 33.0 percent increase in market size and opportunity. A skewed balance between supply and demand presents significant opportunities for new market pa...

This research service identifies the major challenges in the pharmaceutical and biotech industry and discusses the automation and control system (ACS) market drivers and restraints, along with key trends in the technology and distribution of the automation control systems. The research service is a global study covering North America, Europe, Asia ...

This research study covers the market scenario for distributive control system solutions commonly known as DCS solutions. The markets future architecture (hardware, software, and services) will be used for data acquisition, control, database storage, communications, and network software. Market drivers, restraints, and forecasts for different geog...