Excellent Growth of Global Oil and Gas Process Automation and Instrumentation Market 2019-2025
Press Release – 21 Jan 2019 Research and Development News -- . . Latest Update "Global Oil and Gas Process Automation and Instrumentation Market Insights, Forecast to 2025" with Industries Survey | Global Current Growth and Future. ' ' Automation & instrumentation improves process efficiency & safety. It also helps in easy monitoring of the overall process. High capital expenditure, lack of skilled workers and sluggish growth in developed markets are the major factors hindering the oil & gas process automation and instrumentation market. Process automation can be integrated at offshore and onshore operation, pipeline and transportation operations, gas processing and liquefied natural gas facilities as well as refining and petrochemical industries. The Oil and Gas Process Automation and Instrumentation market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period.