New ARC Advisory Group market research on the SCADA systems for the upstream and midstream oil & gas industry market reveals that SCADA systems must better support the increased demands for data and do so in the most secure manner possible. This is one of the findings of ARC’s SCADA Systems for the Oil and Gas Industry Global Market Research Report. 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. Web-enabled and/or mobile-enabled advanced applications and packaged 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," according to Mark Sen Gupta, Director Strategic Services, and key author of ARC's SCADA Systems for Oil and Gas Industry Market Research Report.
Oil and Gas SCADA Systems 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
- More Field Compute Wanted
- Pandemic Shift
- Sustainability Demands Alternatives
Leading Suppliers to the SCADA Systems for Oil and 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 and Gas Research
The SCADA Systems for Oil and Gas report 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, plus five-year market forecasts and 4 years of historical analysis segmented by 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:
- Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 4 years of historical analysis.
- Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized 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.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.