Automation SolutionsShale Gas Market

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.

Automation SolutionsShale Gas Market contains market size and forecasts of Automation Solutions in Shale Gas in Global, including the following market information:

Global Automation Solutions in Shale Gas Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Automation Solutions in Shale Gas market was valued at 195.6 million in 2021 and is projected to reach US$ 261.1 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Distributed Controller System (DCS) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automation Solutions in Shale Gas include ABB, Emerson Electric, Honeywell International, Schneider Electric, Siemens, Adept Technologies, Beckhoff, Bosch Rexroth and CgAutomationSolutionsUSA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automation Solutions in Shale Gas companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automation Solutions in Shale Gas Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Automation Solutions in Shale Gas Market Segment Percentages, by Type, 2021 (%)

Distributed Controller System (DCS)

Supervisory Control and Data Acquisition (SCADA)

Programmable Logic Controller (PLC)

Manufacturing Execution System (MES)

Global Automation Solutions in Shale Gas Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Automation Solutions in Shale Gas Market Segment Percentages, by Application, 2021 (%)

Shale Gas

Other

Global Automation Solutions in Shale Gas Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Automation Solutions in Shale Gas Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automation Solutions in Shale Gas revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Automation Solutions in Shale Gas revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Emerson Electric

Honeywell International

Schneider Electric

Siemens

Adept Technologies

Beckhoff

Bosch Rexroth

CgAutomationSolutionsUSA

EYELITE

GE

Idec

Keyence