About System Integrators in Oil and Gas
A system integrator for oil and gas is service which avails industrial automation with the emphasis on process industry. They provide industrial automation, process control and systems integration as well as proprietary energy management solutions and support services. These are employed in the industries where reliability, timeliness and service continuity are main requirements. Rising need for the automation and efficient production line is boosting the market for system integrators in oil and gas.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.8% |
The global market for System Integrators in Oil and Gas is consolidated by key players specializing in providing electrical control and automation systems serving all aspects owing to the hazards and safety precautions taken by the company and automate the work. The players should focus on developing efficient and robust system integrators infrastructure in order to grab the market share. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Prime Controls (India), Maverick Technologies, LLC (United States), Wunderlich-Malec Engineering (United States), Avanceon (United States), Intech Process Automation (United Arab Emirates), Burrow Global (United States), Matrix Technologies (United States), Quad Plus (United States) and Rockwell Automation (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global System Integrators in Oil and Gas market by Type (Hydro Processing System, Feed and Product Storage System, Compressors, Filtration System, Cooling Water Systems and Others), Application (Oil Industry, Gas Industry and Others) and Region.
On the basis of geography, the market of System Integrators in Oil and Gas has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Location, the sub-segment i.e. Onshore will boost the System Integrators in Oil and Gas market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Employing AV Technology in Integrators the Oil and Gas Industry for advanced visualisation and simulation techniques
Market Growth Drivers:
Rising Safety and Security Concerns Causing Demand for Automation Systems
Challenges:
Constant Need of Supervision and Complex Infrastructure
Restraints:
High Investment for Automation Implementation and Maintenance
Opportunities:
Rise in Internet-Connected Physical Systems (IoT) for Data Analysis and Prediction of System Failures
Market Leaders and their expansionary development strategies
In March 2023, AVEVA, a global leader in industrial software, driving innovation and sustainability, has partnered with Azule Energy, Angola’s largest independent oil and gas operator, to drive digital excellence throughout the firm’s operations. The partnership agreement will enable Azule Energy – a 50/50 Joint Venture backed by bp and Eni – to reduce costs, improve safety and unlock new production opportunities using AVEVA’s cloud, Software-as-a-Service (SaaS) and digital twin technologies.
In September 2023, Arduino has officially unveiled a strategic System Integrator Partnership with DMC, a renowned consulting firm specializing in top-tier engineering and custom software development services. DMC's expertise caters to manufacturing, testing, and product development organizations on a global scale. This partnership marks a pivotal moment, empowering the provision of comprehensive commercial solutions to tackle complex automation and product development challenges for enterprise clients utilizing Arduino PRO products
Key Target Audience
System Integrators in Oil and Gas, Research Institutes, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.