The Key Players in Global Automation Solutions Market in Shale Gas Industry 2016-2020

Monday 25 April 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Automation Solutions Market in Shale Gas Industry: ABB, Emerson, Honeywell, Schneider, and Siemens.

Other Prominent Vendors in the market are: Adept Technologies, Beckhoff, Bosch Rexroth, CG Automation Solutions USA, EYELITE, GE, Idec, Keyence, Koyo Electronics, Mitsubishi Heavy Industries, Omron, Panasonic, Rockwell, Toshiba, Unitronics, and Yokogawa Electric.

Commenting on the report, an analyst said: “The computational analysis of data (analytics) is a valuable asset that drives decision-making across various industries including the shale gas industry. The automation market is no exception, and vendors use analytics to enhance their business and boost value propositions. Analytics and statistical models can be custom-designed to meet market requirements. The use of such technologies boosts decision-making with the least margin for errors, helps anticipate future problems, and identifies the cause of errors.”

According to the report, the shale gas industry is composed of various upstream, midstream, and downstream processes and operations that must function at optimum levels to ensure production and distribution of the products effectively. The use of automation technologies helps prevent wastage, increases efficiency, and reduces overall expenditure.

Further, the report states that sustained declines in crude oil and natural gas prices in the last two years may compel oil and gas companies to divest in infrastructure for the next two to three years. This may cast a negative influence on the automation solutions, such as DCS, PLC, SCADA, and MES, which monitor, control, and regulate shale gas exploration, production, and transportation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.