Refining industry refers to a group of chemical engineering unit process where the raw materials are being converted or refined into certain product value. Automation means automatic control of various control systems for operating different types of machineries that is being used in factories, boilers and other industrial purposes. It provides huge benefit in terms of saving labor, energy and materials that helps in maintaining quality, accuracy and precision.
This report contains market size and forecasts of Refining Industry Automation and Software in Global, including the following market information:
Global Refining Industry Automation and Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Refining Industry Automation and Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Control Valves Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Refining Industry Automation and Software include Honeywell Process Solutions, Yokogawa, ABB, Siemens, Emerson process Management, Aspen Technology, Invensys Operations Management and Schneider, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Refining Industry Automation and Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Refining Industry Automation and Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Refining Industry Automation and Software Market Segment Percentages, by Type, 2021 (%)
Control Valves
Flow Meters
Process Engineering Tools
Radar Level Devices
Others
Global Refining Industry Automation and Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Refining Industry Automation and Software Market Segment Percentages, by Application, 2021 (%)
Petroleum Oil Refinery
Natural Gas Processing Plant
Metal Refinery
Salt Refinery
Sugar Refinery
Others
Global Refining Industry Automation and Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Refining Industry Automation and Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Refining Industry Automation and Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Refining Industry Automation and Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honeywell Process Solutions
Yokogawa
ABB
Siemens
Emerson process Management
Aspen Technology
Invensys Operations Management
Schneider