Market Share of Oil & Gas Automation Industry
The Oil & Gas automation market is fragmented and competitive in nature. Some of the players are ABB Ltd, Honeywell International Inc, Rockwell Automation Inc, Mitsubishi Corporation, and Schneider Electric, among others. These players are continuously introducing innovative solutions in order to compete in the fragmented market.
In September 2022, ANYbotics announced commercial sales for ANYmal X to supply the oil, gas, and chemical industries with scalable autonomous assessment solutions. The impact of installing ANYmal X is causing businesses to increase robotic inspection automation.
In August 2022, TWMA introduced a real-time automation and tracking solution. The new XLink tool from TWMA is intended to give oil and gas producers more automation, more in-depth understanding, and real-time data monitoring to increase the effectiveness of their wellsite drill cuttings management system.
In July 2022, Sensia, a Rockwell Automation and Schlumberger combined venture, is the premier automation expert in oil and gas production, transportation, and processing. The cloud-native system provides a scalable, bundled platform for implementing digital initiatives for oil and gas enterprises. Choosing and combining solutions from many suppliers can reduce time, money, and effort instead of establishing a customized digital platform.
Oil & Gas Automation Market Leaders
Honeywell International Inc
Rockwell Automation Inc
Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order