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(Transportation-News.com, August 23, 2018 ) The Global Automation Solutions in Shale Gas Market is Valued at 200 million US$ in 2017 and will reach 210 million US$ by the end of 2025, growing at a CAGR of 1.0% during 2018-2025.
d. The availability of unconventional forms of energy resources like shale gas, tight gas, and oil shale, among others is one of the key factors driving the growth of this market globally. To meet the rising energy demand from countries like India, China, and the US, the oil and gas industry has initiated the exploration of unconventional energy resources, such as shale gas, tight gas, oil shale, and others. According to EIA’s World Energy Outlook, the global demand for energy will grow by more than a third by 2035. The forecast also estimates that these countries may account for a 60% increase in global energy consumption. In the recent years, crude oil production in the US has expanded rapidly which is powered by oil extracted from the shale reserves such as Bakken, Permian Basin, and the Eagle Ford reserves. Shale gas production in the US rose from 5 Bcf per day in 2007 to 33 Bcf per day in 2013 at a rate of more than 550%. Therefore, the expansion of shale gas and shale oil exploration demands better infrastructure and improved methods for controlling, monitoring, and real-time sharing, thereby, propelling the growth prospects for the automation solutions market in the shale gas industry.
In this industry research report, the analysts have estimated factors such as the increasing adoption of analytics in the shale gas industry will spur this market’s growth in the coming years. The computational analysis of data is a valuable asset that drives the decision-making process across most industries, including the shale gas industry. Most vendors in the automation solutions market are increasingly using analytics to enhance their business and boost value propositions. Moreover, analytics and statistical methods can be customized as per the market and industry requirements. The use of analytical methods also promotes decision-making with the least margin of errors, helps foresee problems, and identify the cause of errors. For instance, Siemens collaborated with SAP using the HANA cloud platform to offer voluminous data analysis and interpretation technologies. This collaboration has helped Siemens store critical data and offer effective plant data services. Additionally, analytics can be used to identify the need for maintenance and servicing, thus improving the overall efficacy of various operations and aiding in the growth of the automation solutions market until the end of 2020.
Access this report at: https://www.themarketreports.com/report/global-automation-solutions-in-shale-gas-market-professional-survey-report-2018
Companies profiled in this report are Abb, Emerson Electric, Honeywell International, Schneider Electric, Siemens, Adept Technologies, Beckhoff, Bosch Rexroth, Cg Automation Solutions Usa, Eyelite, Ge, Idec, Keyence and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Distributed controller system (DCS)
• Supervisory control and data acquisition (SCADA)
• Programmable logic controller (PLC)
• Manufacturing execution system (MES)
Analysis by Applications, this report focuses on consumption, market share and growth rate of Automation Solutions in Shale Gas in each application, can be divided into
• Shale Gas
• Other
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Table of Contents:
1 Industry Overview of Automation Solutions in Shale Gas
2 Manufacturing Cost Structure Analysis of Automation Solutions in Shale Gas
3 Technical Data and Manufacturing Plants Analysis of Automation Solutions in Shale Gas
4 Global Automation Solutions in Shale Gas Overall Market Overview
5 Automation Solutions in Shale Gas Regional Market Analysis
6 Global 2013-2018E Automation Solutions in Shale Gas Segment Market Analysis (by Type)
7 Global 2013-2018E Automation Solutions in Shale Gas Segment Market Analysis (by Application)
8 Major Manufacturers Analysis of Automation Solutions in Shale Gas
9 Development Trend of Analysis of Automation Solutions in Shale Gas Market
10 Automation Solutions in Shale Gas Marketing Type Analysis
11 Consumers Analysis of Automation Solutions in Shale Gas
12 Conclusion of the Global Automation Solutions in Shale Gas Market Professional Survey Report 2017
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