Oil and Gas Automation Market Report 2026

The oil and gas automation market size has grown strongly in recent years. It will grow from $23.75 billion in 2025 to $25.14 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to need for operational efficiency, historical safety incidents, rising labor costs, early digital control system adoption, growth of large scale oil and gas facilities.

The oil and gas automation market size is expected to see strong growth in the next few years. It will grow to $31.38 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to demand for cost optimization, integration of ai and analytics, expansion of unmanned operations, cybersecurity investments, digital transformation of legacy assets. Major trends in the forecast period include increasing adoption of scada and dcs systems, growing use of predictive maintenance technologies, rising deployment of digital oilfield solutions, expansion of automation across midstream operations, increasing integration of ai based process optimization.

The growth of oil and gas exploration activities is expected to drive the expansion of the oil and gas automation market in the coming years. Oil and gas exploration involves the systematic search for underground deposits of oil and natural gas. Automation in this industry offers efficient, cost-effective, and safe solutions. By leveraging advanced analytics, automation aligns with industry objectives for optimized and sustainable exploration practices. For example, in March 2024, the U.S. Energy Information Administration reported that U.S. crude oil production rose by 9% in 2023 compared to 2022, reaching a record 12.9 million barrels per day. This increase has led to higher crude oil exports, despite U.S. refineries still being optimized for processing heavier crude oils. As a result, the rising oil and gas exploration activities are fueling the growth of the oil and gas automation market.

Major oil and gas automation companies are developing technological solutions, such as actuator solutions, to eliminate the carbon footprint and serve customers better with advanced features. Actuator solutions are used to eliminate the carbon footprint by implementing advanced technologies that reduce or eliminate the emissions of greenhouse gases associated with industrial processes, transportation, and energy production. For instance, in August 2023, Automation Technology Inc., a US-based valve automation manufacturer, launched a zero-emission actuator solution. The zero emission electro-hydraulic package provides a comprehensive method to reduce emissions without requiring a pipeline. Pipeline actuators employ pipeline gas to generate electricity, which is then released into the atmosphere. ATI's self-contained zero-emission electro-hydric system connects the power supply and actuator in a small package. The solution includes the actuator, pump, motor, manifold, reservoir, and all controls, which eliminate the need for gas as a power source.

In July 2024, Honeywell, a U.S.-based multinational conglomerate, acquired Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion. This acquisition strengthens Honeywell's energy transition portfolio by providing an end-to-end solution for managing natural gas assets, using advanced technologies to optimize energy transformation. Air Products, a U.S.-based industrial gases company, specializes in sustainability and clean energy solutions, with deep expertise in LNG technology and related equipment.

Major companies operating in the oil and gas automation market are BP Plc, Robert Bosch GmbH, Siemens AG, General Electric Company, Mitsubishi Electric Corporation, Honeywell International Inc., ABB Ltd., Schlumberger Limited, Johnson Controls International plc, Baker Hughes Inc., Eaton Corp PLC, Texas Instruments Inc., Cognizant Technology Solutions Corp., Alstom SA, Tyco International Ltd., Jacobs Engineering Group, Parker Hannifin Corporation, Emerson Electric Co., Rockwell Automation Inc., Dassault Systèmes SE, SNC-Lavalin Group Inc., Weatherford International Ltd., Black & Veatch Holding Company, TETRA Technologies Inc., Yokogawa Electric Corporation, Kongsberg Gruppen ASA, Petrofac Limited.

North America was the largest region in the oil and gas automation market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oil and gas automation market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oil and gas automation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The oil and gas automation market consists of revenues earned by entities by providing services such as implementation of advanced technologies to streamline operations, reduce downtime, optimize resource use, and enhance safety and performance in the oil and gas industry. The market value includes the value of related goods sold by the service provider or included within the service offering. The oil and gas automation market also includes sales control systems, actuators, valves, sensors, and software solutions tailored to optimize operations and enhance efficiency in the oil and gas industry. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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