Frost Radar: Oil and Gas Automation, 2025

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

As digitalization and decarbonization trends become more prominent, the oil and gas industry faces a dilemma: adapt or become obsolete. In the digital transformation era, producers must start exploring automation technologies if they want to remain competitive in the shifting industry. Automation applications that will have the biggest effects on industry growth are robotics for remote site inspection, the internet of things (IoT) for facility monitoring, and AI for predictive maintenance.

The market for conventional operational technologies is mature and thus will experience slower growth as attention shifts to more innovative technologies. Oil and gas companies have traditionally displayed a conservative approach to adopting new technologies. As a result, industry players have relied on established technologies to automate processes while ensuring safety. By the beginning of the next decade, however, these technologies will experience rapid displacement.

Oil and gas automation remains a highly consolidated industry, with the global leaders maintaining a dominant presence. Entry barriers are high because of the significant upfront investment required and the need to be able to demonstrate a track record of achievement to a risk-averse client base. To continue advancing their automation portfolios and penetrating new verticals, the industry's key players are leveraging strategic alliances with advanced technology providers.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.