Market Trends of Middle East And Africa Process Automation Industry
The Oil and Gas End-user Industry is Expected to Hold a Significant Market Share
- Automation is a significant driver and trend in the oil and gas end-user industry. Digitization, automation, and advanced technologies give operators and technicians immediate access to critical performance, asset conditions, and technical information. Oil and Gas companies in the region are increasingly adopting process automation tools to enhance decision-making, troubleshooting, and performance efficiency.
- The upstream sector of the oil and gas end-user industry involves several drilling activities that must meet stringent government regulations and require intense planning to cut operational costs. Often, the end-user industry deals with vast sets of spatial data to make several decisions. Several process automation tools and analytical engines are employed to harness the full power of spatial data.
- Middle Eastern oil and gas companies often face challenges when transitioning to more renewable sources. To meet the demand in diverse situations, energy companies must focus on innovative technologies like process automation within their business models to embrace innovation and increase efficiency.
- As of February 2024, there were 296 land rigs in the region, with a further 53 rigs located offshore in the Middle East and 95 land rigs in that region; 16 rigs were located offshore in Africa.
- There is a surging demand for safety and reliability in the oil and gas industry processes. The supply chain creates a significant need for automation, industry expertise, and an extensive partner network. Process automation helps oil and gas producers integrate information, control power, and provide safety solutions to respond to the dynamic global demand.
- With the fluctuation in crude oil prices, several oil and gas companies focus on minimizing costs and maximizing efficiency throughout the distribution chain. To sustain itself in the rising competitive environment and decrease retail margins, the company needs to optimize several processes in multiple sectors.
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The United Arab Emirates is Expected to Account For a Significant Market Share
- Fueled by Industry 4.0, the UAE continues to innovate and consolidate its position in the factory automation and industrial control systems industry. The adoption of smart technologies in the market has positively impacted the national economy.
- In the United Arab Emirates, the construction industry plays an essential role in economic upliftment and development. SCADA is being increasingly used in the construction industry. Supervisory Control and Data Acquisition (SCADA) allows users to control industrial operations on-site and remotely. The advantage of SCADA in the construction industry lies in the ability to monitor and gather data in real-time and then process it for industrial usage.
- Increasing global manufacturing integration is raising the pressure for automation investment, as cost minimization with quality maximization looms ever more significantly as an operating paradigm for Arab manufacturers.
- With cyber-attacks increasing in smart factories in the UAE, there is growing concern about using Industrial Control Systems. The government also has plans to curb the rise of such crimes. This aligns with the growing trend of industrial control systems manufactured in the country for smart factories to avoid the risk of cybersecurity breaches.
- Technologies such as process discovery, process optimization, process intelligence, and process orchestration are becoming a more significant part of Robotic Process Automation (RPA). There is an ongoing trend of increasing a closer relationship between business process management (BPM) and RPA in the future.
- With investment roll-outs by the government to revive the UAE economy from the effects of the pandemic, the infrastructure and electronics industry were marked as the primary beneficiaries, alongside the growth of small and medium-sized enterprises. The infrastructure and electronics industry are heavy users of industrial control systems' hardware products and software solutions and are expected to have a direct positive effect.
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