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Global Automation Market in the Oil and Gas industry to grow at a CAGR of 6.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rising demand for oil and gas across the globe, which is leading to greater production and thus providing greater scope for automation. The Global Automation Market in the Oil and Gas industry has also been witnessing the presence of Programmable Logic Controllers (PLC) and Supervisory Control and Data Acquisition (SCADA) products with functionalities that can rival Distributed Control Systems (DCS). However, the fall in price of automation solutions could pose a challenge to the growth of this market.