Global Refining Industry Automation and Software Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Control Valves, Flow Meters, and Process Engineering Tools.

By Component;

Hardware, Software, and Services.

By Deployment Mode;

On-Premises and Cloud.

By Application;

Petroleum Oil Refinery, Natural Gas Processing Plant, and Metal Refinery.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn565033737 Published Date: May, 2025 Updated Date: June, 2025

Refining Industry Automation and Software Market Overview

Refining Industry Automation and Software Market (USD Million)

Refining Industry Automation and Software Market was valued at USD 15,775.26 million In the year 2024. The size of this market is expected to increase to USD 19,666.83 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.


Global Refining Industry Automation and Software Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 3.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.2 %
Market Size (2024)USD 15,775.26 Million
Market Size (2031)USD 19,666.83 Million
Market ConcentrationHigh
Report Pages324
15,775.26
2024
19,666.83
2031

Major Players

  • Honeywell Process Solutions
  • ABB Limited
  • Siemens AG
  • Emerson Process Management
  • HollySys Automation
  • Schneider Electric
  • Omron Corporation
  • Honeywell International

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Refining Industry Automation and Software Market

Fragmented - Highly competitive market without dominant players


The Refining Industry Automation and Software Market is undergoing rapid advancement as refineries prioritize greater efficiency and operational control. Automation technologies are reducing manual interventions, improving output, and enabling real-time process visibility. Today, about 55% of refining facilities utilize integrated digital systems to streamline production and minimize unplanned shutdowns, signaling a strong shift toward smart operations.

Adoption of Predictive Maintenance Solutions
A key trend reshaping refinery operations is the increasing use of predictive maintenance software. These advanced tools forecast equipment issues before failures occur, leading to higher asset reliability and cost reductions. Nearly 48% of refineries now deploy predictive analytics, achieving up to 30% savings in maintenance-related expenses while reducing operational risks.

Improving Safety and Process Efficiency
Automation is essential for maintaining high safety benchmarks and consistent process control in modern refining. Advanced systems now manage roughly 60% of refinery processes, ensuring stable product quality and enhanced incident prevention. With real-time monitoring capabilities, refineries are better equipped to detect anomalies early, ensuring regulatory compliance and operational safety.

Shifting Operational Models Through Digital Investment
Investments in automation and analytics are revolutionizing refinery performance strategies. Around 58% of companies have experienced enhanced decision-making capabilities through data-powered insights. As digital adoption grows, refineries are becoming more agile, data-centric, and capable of sustaining long-term improvements in performance and innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, ByComponent
    3. Market Snapshot, By Deployment Mode
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Refining Industry Automation and Software Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Industrial Automation Technology
        2. Focus on Safety and Compliance
        3. Need for Enhanced Process Control
        4. Rising Complexity of Refinery Operations
      2. Restraints
        1. Integration Challenges with Existing Systems
        2. Cybersecurity Concerns
        3. Skills Gap and Workforce Training
        4. Regulatory Uncertainty
      3. Opportunities
        1. Integration of Artificial Intelligence (AI)
        2. Expansion in Emerging Markets
        3. Development of Cloud-Based Solutions
        4. Focus on Sustainability and Environmental Compliance
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Refining Industry Automation and Software Market, By Type, 2021 - 2031 (USD Million)
      1. Control Valves
      2. Flow Meters
      3. Process Engineering Tools
    2. Refining Industry Automation and Software Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    3. Refining Industry Automation and Software Market, By Deployment Mode, 2021 - 2031 (USD Million)
      1. On-Premises
      2. Cloud
    4. Refining Industry Automation and Software Market, By Application, 2021 - 2031 (USD Million)
      1. Petroleum Oil Refinery
      2. Natural Gas Processing Plant
      3. Metal Refinery
    5. Refining Industry Automation and Software Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell Process Solutions
      2. ABB Limited
      3. Siemens AG
      4. Emerson Process Management
      5. HollySys Automation
      6. Schneider Electric
      7. Omron Corporation
      8. Honeywell International
  7. Analyst Views
  8. Future Outlook of the Market