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NEW YORK, March 4, 2021 /PRNewswire/ The global automation solutions market in the oil and gas industry is expected to grow by USD 1.73 billion during 2021-2025, as per Technavio. This marks a significant market slow down compared to the 2020 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, healthy growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 3%.
Automation Solutions Market in the Oil and Gas Industry by Product and Geography - Forecast and Analysis 2021-2025