A new report by Reportlinker.com revealed that the Global Automation Solutions Market is predicted to grow by $1.73bn between 2021-2025, progressing at a CAGR of 3% during this period.
Indeed, the report focused on automation solutions in the oil and gas industry shows that the market is driven by the growing regulatory compliance and rise in the global demand for oil and gas. Besides, it is expected that the increasing regulatory compliance will boost the growth of the market as well.
The study also finds out that the gradual recovery in upstream activities is one of the main reasons that will drive the automation solutions market in the oil and gas industry growth in the upcoming years.
Finally, the analyst gives a detailed picture of the market in the oil and gas industry covering the automation solutions market in the oil and gas industry sizing, forecast, and analysis.