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Industrial Automation Oil & Gas Market worth $18.7 billion by 2025 - Exclusive Report by MarketsandMarkets


Industrial Automation Oil & Gas Market worth $18.7 billion by 2025 - Exclusive Report by MarketsandMarkets
CHICAGO, Jan. 7, 2021 /PRNewswire/ According to the new market research report
Industrial Automation Oil & Gas Market With COVID-19 Impact, By Component (Control Valves, HMI, Process Analyzers, Intelligent Pigging, Vibration Monitoring), Solutions (SCADA, PLC, DCS, MES, PAM), Stream and Region - Global Forecast to 2025
, published by MarketsandMarkets, the Industrial Automation Oil & Gas Market is projected to grow from USD 14.9 billion in 2020 to USD 18.7 billion by 2025; it is expected to grow at a CAGR of 4.7% from 2020 to 2025. The key factors fueling the growth of the market IIoT adding value in the industrial automation and optimum and effective exploration of aging reservoirs. ....

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