Top 50 Companies in Industrial Automation Oil & Gas Market: Spherical Insights Analysis To 2035
RELEASE DATE: Aug 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Industrial Automation Oil & Gas Market Size is projected to Grow from USD 18.25 Billion in 2024 to USD 32.25 Billion by 2035, at a CAGR of 5.31% during the forecast period 2025–2035. The digitization of the oil and gas sector, a greater emphasis on operational effectiveness, an increase in exploration and production operations, the necessity of safety and compliance, and the growth of offshore drilling are all factors contributing to the historic period's growth.
Introduction
The automation of industry making the most of automated technologies at every stage of the value chain, is essential to the future of the oil and gas market. Monitoring and managing a wide range of onshore and offshore assets, as well as disseminating field data (from well heads to the control room), can be done at an organizational level. Operations and management experts should be able to make better, quicker, and more informed decisions with the aid of automation. The workforce in the oil and gas sector is always evolving. Small devices like tablets, smartphones, PCs, and other mobile solutions can now easily and quickly access information. It is feasible to manage activities in real time. By ensuring that information reaches the right person at the right moment, this operational intelligence optimizes the flow of information. The oil and gas sector has begun to transition to digitization as more sensors gather data from rigs worldwide. Digital technology has the potential to improve internal communication and streamline plans by enabling engineers to collaborate with oil companies more effectively to better manage data and project requirements. Automation can save costs and boost efficiency in the oil and gas sector. The segment analysis of the industrial automation oil and gas market is broken down by component, solution, stream, and region.
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Industrial Automation Oil & Gas Market Size & Statistics
- The Market Size for Industrial Automation Oil & Gas was Estimated to be Worth USD 18.25 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 5.31% between 2025 and 2035.
- The Global Industrial Automation Oil & Gas Market Size is Anticipated to Reach USD 32.25 Billion by 2035.
- North America is Expected to Generate the highest demand during the forecast period in the industrial automation oil & gas market
- Asia Pacific is Expected to Grow the fastest during the forecast period in the industrial automation oil & gas market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the industrial automation oil & gas market. The Asia-Pacific area is now driving the global market for industrial automation, and this trend is expected to continue due to its structure, technological advantages, and proactive governmental framework. Businesses in the area have embraced automation technologies at a rapid pace due to the growing demand for increased productivity, ease of use, and improved quality control. As advanced robotics, control systems, and smart manufacturing tools—all in line with Industry 4.0 principles—are integrated into regional industries, the area is undergoing an industrial revolution. The deployment of industrial automation solutions has also been spurred by an increase in foreign investments, especially in the electronics, automotive, and heavy engineering sectors.
North America is expected to generate the highest demand during the forecast period in the industrial automation oil & gas market. Automation is being progressively adopted by major industries in the automotive, aerospace, electronics, and healthcare sectors in order to increase productivity, lower operating costs, and maintain high standards of quality and safety. The region's existing infrastructure and pro-digital legislation further promote this digital transition in North America, giving industrial automation solutions a sustainable habitat in which to flourish.
Top 10 trends in the Industrial Automation Oil & Gas Market
- Autonomous Operations in Hazardous Zones
- Cybersecurity Integration in Automated Systems
- Renewable Energy Expansion within Oil & Gas
- AI-Driven Predictive Maintenance
- Digital Twins for Asset Optimization
- Remote Monitoring and Control via SCADA
- Edge Computing for Real-Time Analytics
- Integration of IoT and Smart Sensors
- Virtual Reality for Training and Simulation
- Rise of Digital-Only Oil & Gas Service Providers
1. Autonomous Operations in Hazardous Zones
Oil & gas companies are deploying autonomous technologies like drones and remotely operated vehicles (ROVs) to perform inspections and maintenance in conflict zones and offshore rigs. These reduce human risk and ensure operational continuity in dangerous environments.
2. Cybersecurity Integration in Automated Systems
With rising threats and regulatory scrutiny, companies are embedding AI-powered threat detection and robust cybersecurity frameworks into their automation platforms. This protects critical infrastructure and ensures uninterrupted operations across upstream, midstream, and downstream segments.
3. Renewable Energy Expansion within Oil & Gas
Traditional oil & gas firms are investing in solar, wind, and carbon capture technologies to diversify energy portfolios and meet industrial automation oil & gas goals. Automation is key to integrating these renewables into existing operations while maintaining efficiency and safety.
4. AI-Driven Predictive Maintenance
Advanced analytics and machine learning are being used to monitor equipment health and predict failures before they occur. This reduces downtime, lowers maintenance costs, and improves asset reliability across drilling platforms and refineries.
5. Digital Twins for Asset Optimization
Digital twins replicate physical assets in virtual environments, allowing operators to simulate scenarios, optimize performance, and plan maintenance. These models are transforming decision-making in pipeline management, LNG terminals, and offshore platforms.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the industrial automation oil & gas market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 25 Companies Leading the Industrial Automation Oil & Gas Market
- Schneider Electric
- Emerson Electric Co.
- ABB Ltd
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Siemens AG
- Rockwell Automation Inc.
- Mitsubishi Electric Corp.
- General Electric
- Endress+Hauser AG
- Bosch Rexroth AG
- Texas Instruments Inc.
- Johnson Controls International plc
- Halliburton Co.
- Schlumberger NV
- Baker Hughes Co.
- Weatherford International plc
- AVEVA Group plc
- Aspen Technology Inc.
- Flowserve Corp.
- FANUC Corporation
- Omron Corporation
- Hitachi Ltd.
- Phoenix Contact
- Beckhoff Automation GmbH & Co.
1. Schneider Electric
Headquarters - Rueil-Malmaison, France
Schneider Electric is a global leader in energy management and industrial automation, offering integrated solutions for oil & gas operations. Its EcoStruxure platform enables real-time monitoring, predictive maintenance, and cybersecurity across upstream and downstream assets. Schneider Electric’s automation systems help reduce downtime and optimize energy usage in refineries and offshore rigs. With a strong focus on sustainability, the company supports digital transformation in oil & gas through smart sensors, SCADA systems, and edge computing. Schneider Electric’s presence in over 100 countries ensures localized support and innovation tailored to regional energy demands.
2. Emerson Electric Co.
Headquarters - St. Louis, Missouri, USA
Emerson Electric specializes in automation solutions for complex oil & gas environments. Its DeltaV distributed control system and Ovation platform are widely used for process control, asset optimization, and safety compliance. Emerson’s industrial automation technologies include advanced analytics, digital twins, and AI-driven diagnostics that enhance operational efficiency in drilling, LNG, and pipeline management. The company’s Automation Solutions division is central to its oil & gas strategy, helping clients transition to autonomous operations and reduce environmental impact. Emerson’s global engineering support and innovation hubs make it a trusted partner in industrial automation.
3. ABB Ltd
Headquarters - Zürich, Switzerland
ABB is a pioneer in electrification and industrial automation, with deep expertise in oil & gas process control. Its Ability platform integrates IoT, machine learning, and cloud computing to deliver smart automation across upstream, midstream, and downstream operations. ABB’s control systems, robotics, and instrumentation help oil & gas companies improve safety, reduce emissions, and boost productivity. The company’s automation solutions are tailored for harsh environments, including offshore platforms and remote pipelines. ABB’s commitment to digitalization and sustainability positions it as a key player in transforming the oil & gas automation landscape.
4. Honeywell International Inc
Headquarters - Charlotte, North Carolina, USA
Honeywell delivers cutting-edge industrial automation for oil & gas through its Process Solutions division. Its Experion® PKS system integrates control, safety, and asset management into a unified platform. Honeywell’s automation technologies support remote operations, cybersecurity, and real-time analytics, enabling smarter decision-making in refineries and petrochemical plants. The company’s focus on autonomous drilling and emissions monitoring aligns with global energy transition goals. Honeywell’s global footprint and innovation in industrial automation make it a preferred choice for oil & gas firms seeking scalable and secure solutions.
5. Yokogawa Electric Corporation
Headquarters - Tokyo, Japan
Yokogawa is renowned for its precision instrumentation and automation systems in the oil & gas sector. Its CENTUM VP control system and OpreX suite offer advanced process automation, digital twins, and predictive analytics. Yokogawa’s solutions are widely adopted in LNG terminals, offshore rigs, and pipeline networks for their reliability and scalability. The company emphasizes operational excellence and sustainability through smart automation and integrated control platforms. With a strong presence in Asia and growing influence in global markets, Yokogawa continues to shape the future of industrial automation in oil & gas.
Are you ready to discover more about the industrial automation oil & gas market?
The report provides an in-depth analysis of the leading companies operating in the global industrial automation oil & gas market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Schneider Electric
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Emerson Electric Co.
- ABB Ltd
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Siemens AG
- Rockwell Automation Inc.
- Mitsubishi Electric Corp.
- Others.
Conclusion
The global industrial automation oil & gas market is poised for robust growth, driven by digitization, safety demands, and offshore exploration. As automation technologies like AI, digital twins, and remote monitoring become mainstream, companies are reshaping operational workflows across the value chain. Regional leaders such as North America and the Asia-Pacific will play pivotal roles in scaling deployment and innovation.
About the Spherical Insights & Consulting
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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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