Market Share of Refining Industry Automation and Software Industry
The refining industry automation and software marketis consolidated due tothe majority of the market share are owned by top players in the industry.Some of the key players includeHoneywell Process Solutions,ABB Limited,Siemens AG,Emerson Process Management, Aspen Technology, Schneider Electric, among others.
- May 2019 -Siemens enteredthe Permian gas processing market with innovative electric-drive centrifugal compression solution.The projectmarkedDelaware Basin gas plant customer's first order with Siemens. Fully integrated electric-drive centrifugal compression configuration will significantly reduce footprint, capital, and operating costs.
- April 2019 -Honeywell, the global technology leader,launched its new Honeywell Masdar Innovation Center in Abu Dhabi.The Center, located in Masdar City, will be home to the latest automation solutions from across the globe and the region, including those assembled in the UAE. It includes cutting-edge solutions for smart buildings and cities as well as technology for fire, security, personal safety, and intelligent wearables. Innovative digital solutions for oil and gas processing plants providing enhanced safety, reliability and competency within a cyber-secure environment will also be on display. The solutions showcased at the innovation center focus on making these industries smarter, safer, more efficient, productive and sustainable.
Refining Automation and Software Market Leaders
Honeywell Process Solutions
ABB Limited
Siemens AG
Emerson Process Management
Schneider Electric
*Disclaimer: Major Players sorted in no particular order
