Asia Pacific Oil & Gas Automation Solutions Market 2022-2032 by Offering (Hardware, Software, Services), Solution (SCADA, PLC, DCS, MES, SIS, Others), Operation (Upstream, Midstream, Downstream), and Country: Trend Forecast and Growth Opportunity
Asia Pacific oil & gas automation solutions market will grow by 7.6% annually with a total addressable market cap of $65.85 billion over 2023-2032, driven by the rising adoption of automation solutions in oil & gas, the growing importance of big data analytics and IoT, the shift from on-premises to cloud-based systems, and the favorable government initiative and regulations.
Highlighted with 32 tables and 51 figures, this 111-page report “Asia Pacific Oil & Gas Automation Solutions Market 2022-2032 by Offering (Hardware, Software, Services), Solution (SCADA, PLC, DCS, MES, SIS, Others), Operation (Upstream, Midstream, Downstream), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific oil & gas automation solutions market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific oil & gas automation solutions market in every aspect of the classification from perspectives of Offering, Solution, Operation, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Industrial Robots
o Control Valves
o Field Instruments
o Human-Machine Interfaces
o Flow Computers
o Process Analyzers
o Intelligent Pigging
o Other Hardware
• Software
• Services
o Professional Services
o Managed Services
Based on Solution, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Supervisory Control and Data Acquisition (SCADA)
• Programmable Logic Controller (PLC)
• Distributed Control Systems (DCS)
• Manufacturing Execution System (MES)
• Safety Instrumented System (SIS)
o Fire & Gas Monitoring and Control (FGMC)
o High Integrity Pressure Protection Systems (HIPPS)
o Burner Management Systems (BMS)
o Emergency Shutdown Systems (ESD)
o Turbomachinery Control (TMC)
• Other Solutions
By Operation, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Upstream
• Midstream
• Downstream
Geographically, the following national/local markets are fully investigated:
• Indonesia
• China
• Australia
• India
• Malaysia
• Rest of APAC (further segmented into Japan, Singapore, South Korea, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Offering, Solution, and Operation over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ABB Ltd.
Emerson Electric Co.
Endress+Hauser AG
Fanuc Corp.
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
Mitsubishi Electric Corp.
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Yokogawa Electric Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 22
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 24
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Asia Pacific Market by Offering 45
3.1 Market Overview by Offering 45
3.2 Hardware 47
3.2.1 Industrial Robots 49
3.2.2 Control Valves 50
3.2.3 Field Instruments 51
3.2.4 Human-Machine Interfaces 52
3.2.5 Flow Computers 53
3.2.6 Process Analyzers 54
3.2.7 Intelligent Pigging 55
3.2.8 Other Hardware 56
3.3 Software 57
3.4 Services 58
3.4.1 Professional Services 59
3.4.2 Managed Services 60
4 Segmentation of Asia Pacific Market by Solution 61
4.1 Market Overview by Solution 61
4.2 Supervisory Control and Data Acquisition (SCADA) 63
4.3 Programmable Logic Controller (PLC) 64
4.4 Distributed Control Systems (DCS) 65
4.5 Manufacturing Execution System (MES) 66
4.6 Safety Instrumented System (SIS) 67
4.7 Other Solutions 69
5 Segmentation of Asia Pacific Market by Operation 70
5.1 Market Overview by Operation 70
5.2 Upstream 73
5.3 Midstream 74
5.4 Downstream 75
6 Asia-Pacific Market 2022-2032 by Country 76
6.1 Overview of Asia-Pacific Market 76
6.2 Indonesia 79
6.3 China 82
6.4 Australia 84
6.5 India 87
6.6 Malaysia 89
6.7 Rest of APAC Region 91
7 Competitive Landscape 93
7.1 Overview of Key Vendors 93
7.2 New Product Launch, Partnership, Investment, and M&A 97
7.3 Company Profiles 98
ABB Ltd. 98
Emerson Electric Co. 100
Endress+Hauser AG 101
Fanuc Corp. 102
General Electric Co. 103
Hitachi, Ltd. 104
Honeywell International Inc. 105
Mitsubishi Electric Corp. 106
Rockwell Automation Inc. 107
Schneider Electric SE 108
Siemens AG 109
Yokogawa Electric Corporation 110
RELATED REPORTS 111
List of Tables:
Table 1. Snapshot of Asia Pacific Oil & Gas Automation Solutions Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Economic Outlook, 2021-2023 21
Table 4. Scenarios for Economic Impact of Ukraine Crisis 25
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Oil & Gas Automation Solutions Market 37
Table 6. Asia Pacific Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 45
Table 7. Asia Pacific Oil & Gas Automation Solutions Market: Hardware by Component, 2022-2032, $ mn 48
Table 8. Asia Pacific Oil & Gas Automation Solutions Market: Services by Type, 2022-2032, $ mn 58
Table 9. Asia Pacific Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 61
Table 10. Asia Pacific Oil & Gas Automation Solutions Market: Safety Instrumented System (SIS) by Application, 2022-2032, $ mn 68
Table 11. Asia Pacific Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 71
Table 12. APAC Oil & Gas Automation Solutions Market by Country, 2022-2032, $ mn 77
Table 13. Indonesia Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 81
Table 14. Indonesia Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 81
Table 15. Indonesia Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 81
Table 16. China Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 83
Table 17. China Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 83
Table 18. China Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 83
Table 19. Australia Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 86
Table 20. Australia Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 86
Table 21. Australia Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 86
Table 22. India Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 88
Table 23. India Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 88
Table 24. India Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 88
Table 25. Malaysia Oil & Gas Automation Solutions Market by Offering, 2022-2032, $ mn 90
Table 26. Malaysia Oil & Gas Automation Solutions Market by Solution, 2022-2032, $ mn 90
Table 27. Malaysia Oil & Gas Automation Solutions Market by Operation, 2022-2032, $ mn 90
Table 28. Oil & Gas Automation Solutions Market in Rest of APAC by Country/Region, 2022-2032, $ mn 92
Table 29. Main Vendors and Product Offerings 95
Table 30. ABB Ltd.: Company Snapshot 98
Table 31. ABB Ltd.: Business Segmentation 99
Table 32. ABB Ltd.: Product Portfolio 99
List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Asia Pacific Oil & Gas Automation Solutions Market, 2022-2032, $ mn 18
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Oil & Gas Automation Solutions Market 28
Figure 7. World Population, GDP and Energy Demand, 1990-2030 31
Figure 8. World Industry 4.0 Market, 2019-2030, $ bn 31
Figure 9. World Oil & Gas Offshore and Deepwater Production, 1970-2020 32
Figure 10. World Crude Oil Production, 2000-2021, million tons 33
Figure 11. Primary Restraints and Impact Factors of Asia Pacific Oil & Gas Automation Solutions Market 34
Figure 12. Investment Opportunity Analysis 38
Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Oil & Gas Automation Solutions Market 41
Figure 14. Breakdown of Asia Pacific Oil & Gas Automation Solutions Market by Offering, 2022-2032, % of Revenue 46
Figure 15. Asia Pacific Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 46
Figure 16. Asia Pacific Oil & Gas Automation Solutions Market by Offering: Hardware, 2022-2032, $ mn 47
Figure 17. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Industrial Robots, 2022-2032, $ mn 49
Figure 18. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Control Valves, 2022-2032, $ mn 50
Figure 19. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Field Instruments, 2022-2032, $ mn 51
Figure 20. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Human-Machine Interfaces, 2022-2032, $ mn 52
Figure 21. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Flow Computers, 2022-2032, $ mn 53
Figure 22. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Process Analyzers, 2022-2032, $ mn 54
Figure 23. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Intelligent Pigging, 2022-2032, $ mn 55
Figure 24. Asia Pacific Oil & Gas Automation Solutions Market by Hardware: Other Hardware, 2022-2032, $ mn 56
Figure 25. Asia Pacific Oil & Gas Automation Solutions Market by Offering: Software, 2022-2032, $ mn 57
Figure 26. Asia Pacific Oil & Gas Automation Solutions Market by Offering: Services, 2022-2032, $ mn 58
Figure 27. Asia Pacific Oil & Gas Automation Solutions Market by Services: Professional Services, 2022-2032, $ mn 59
Figure 28. Asia Pacific Oil & Gas Automation Solutions Market by Services: Managed Services, 2022-2032, $ mn 60
Figure 29. Breakdown of Asia Pacific Oil & Gas Automation Solutions Market by Solution, 2022-2032, % of Sales Revenue 62
Figure 30. Asia Pacific Addressable Market Cap in 2023-2032 by Solution, Value ($ mn) and Share (%) 62
Figure 31. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Supervisory Control and Data Acquisition (SCADA), 2022-2032, $ mn 63
Figure 32. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Programmable Logic Controller (PLC), 2022-2032, $ mn 64
Figure 33. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Distributed Control Systems (DCS), 2022-2032, $ mn 65
Figure 34. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Manufacturing Execution System (MES), 2022-2032, $ mn 66
Figure 35. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Safety Instrumented System (SIS), 2022-2032, $ mn 67
Figure 36. Asia Pacific Oil & Gas Automation Solutions Market by Solution: Other Solutions, 2022-2032, $ mn 69
Figure 37. Upstream, Midstream and Downstream of Oil & Gas Industry 70
Figure 38. Breakdown of Asia Pacific Oil & Gas Automation Solutions Market by Operation, 2022-2032, % of Sales Revenue 71
Figure 39. Asia Pacific Addressable Market Cap in 2023-2032 by Operation, Value ($ mn) and Share (%) 72
Figure 40. Asia Pacific Oil & Gas Automation Solutions Market by Operation: Upstream, 2022-2032, $ mn 73
Figure 41. Asia Pacific Oil & Gas Automation Solutions Market by Operation: Midstream, 2022-2032, $ mn 74
Figure 42. Asia Pacific Oil & Gas Automation Solutions Market by Operation: Downstream, 2022-2032, $ mn 75
Figure 43. Breakdown of APAC Oil & Gas Automation Solutions Market by Country, 2022 and 2032, % of Revenue 77
Figure 44. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 78
Figure 45. Oil & Gas Automation Solutions Market in Indonesia, 2022-2032, $ mn 80
Figure 46. Oil & Gas Automation Solutions Market in China, 2022-2032, $ mn 82
Figure 47. Oil & Gas Automation Solutions Market in Australia, 2022-2032, $ mn 84
Figure 48. Oil & Gas Automation Solutions Market in India, 2022-2032, $ mn 87
Figure 49. Oil & Gas Automation Solutions Market in Malaysia, 2022-2032, $ mn 89
Figure 50. Oil & Gas Automation Solutions Market in Rest of APAC, 2022-2032, $ mn 91
Figure 51. Growth Stage of Asia Pacific Oil & Gas Automation Solutions Industry over the Forecast Period 93
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
|
|
| Influencing Factors |
|
|
| Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|