Integrated Refinery Information System Market is expected to Grow with a CAGR of 9.69% through 2030
The Integrated Refinery Information
System Market is driven by rising demand for operational efficiency, real-time
data analytics, and automation, enabling refineries to enhance productivity,
regulatory compliance, and asset management in a competitive energy landscape.
According to TechSci Research report, “Integrated
Refinery Information System Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2030F”, the Global Integrated Refinery Information System Market was valued at USD 2.94 billion in 2024 and is expected to reach USD 5.17 billion by 2030 with a CAGR of 9.69% during the forecast period. The growing adoption of Internet of Things (IoT) and edge computing technologies is reshaping the Integrated Refinery Information System Market, enabling refineries to achieve enhanced real-time monitoring, automation, and operational intelligence. Refineries are increasingly deploying IoT sensors across pipelines, distillation units, and critical machinery to continuously collect, analyze, and transmit operational data. These connected sensors provide real-time visibility into key refinery parameters such as temperature, pressure, flow rates, and emissions, allowing for immediate response to deviations and potential failures. Edge computing is further transforming refinery operations by processing data closer to the source, reducing latency, and enabling faster decision-making. Unlike traditional cloud-based refinery systems, edge computing ensures instantaneous data analysis, which is critical for time-sensitive operations such as leak detection, equipment performance monitoring, and safety compliance. This real-time data processing capability significantly enhances predictive maintenance, allowing refinery operators to preemptively address equipment malfunctions, thereby reducing costly downtime and improving operational efficiency. Additionally, the integration of IoT-based refinery management systems is supporting remote monitoring, enabling operators to access refinery performance insights from any location, improving workforce efficiency and safety. With increasing emphasis on digitization and industrial automation, IoT and edge computing technologies are becoming indispensable for refineries looking to enhance efficiency, safety, and sustainability in their operations.
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Based
on the Type, Civil & Mechanical segment held the largest Market share in
2024. The Integrated Refinery Information System (IRIS) Market in the Civil
& Mechanical segment is experiencing strong growth, driven by the
increasing need for operational efficiency, predictive maintenance, and safety
enhancements in modern refineries. As refineries expand and upgrade, the demand
for advanced digital solutions to manage structural integrity, mechanical
assets, and civil infrastructure is surging. The integration of IoT, AI, and
digital twin technologies within refinery information systems enables real-time
monitoring of mechanical equipment, pipelines, storage tanks, and critical
civil structures, ensuring early detection of wear, corrosion, and potential
failures. This proactive approach significantly reduces downtime and
maintenance costs while improving overall plant reliability. Additionally,
stringent safety and environmental regulations require refineries to maintain
high standards for mechanical and structural integrity, further driving the
adoption of IRIS solutions tailored for the Civil & Mechanical segment.
With increasing investments in greenfield and brownfield refinery projects,
particularly in emerging economies, companies are prioritizing smart
infrastructure solutions that integrate structural health monitoring,
mechanical asset tracking, and automated reporting into a single platform. The
demand for real-time analytics, remote diagnostics, and AI-powered predictive
maintenance is further accelerating market growth, ensuring that refinery
operators can optimize asset lifecycle management, enhance worker safety, and
improve compliance with industry regulations.
Based
on region, The Asia-Pacific region is the fastest-growing market for Integrated
Refinery Information Systems, driven by rapid industrialization, expanding oil
& gas infrastructure, and increasing investments in digital transformation.
Countries such as China, India, Japan, and South Korea are leading the adoption
of advanced automation, AI-driven analytics, and IoT-enabled monitoring
solutions to enhance refinery operations. The region’s growing energy demand,
coupled with rising refinery modernization projects, is accelerating the need
for integrated information systems that optimize production efficiency,
minimize downtime, and ensure regulatory compliance. Additionally, government
initiatives and environmental regulations focused on emissions control and
sustainability are pushing refineries to invest in real-time data-driven
solutions for improved process control and asset management. The increasing
adoption of cloud-based and AI-powered analytics platforms is further enhancing
decision-making and cost optimization for refinery operators. Moreover, the
presence of state-owned and private oil companies investing in smart refinery
technologies is fueling market growth. With continued advancements in
industrial automation, cybersecurity, and predictive maintenance, the
Asia-Pacific market presents lucrative opportunities for solution providers
looking to capitalize on the region’s shift toward digitized, efficient, and
environmentally compliant refinery operations.
Major companies operating in the Global Integrated
Refinery Information System Market are:
- Schneider Electric SE
- Emerson Electric Co.
- Siemens AG
- ABB Ltd
- Honeywell International Inc.
- Infosys Limited
- Rockwell Automation, Inc.
- Wipro Limited
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“The Global Integrated Refinery
Information System Market is expected to rise in the upcoming years and
register a significant CAGR during the forecast period. The Integrated Refinery
Information System Market is poised for significant growth, driven by the
increasing adoption of digital transformation, automation, and advanced data
analytics in the oil & gas sector. Growing demand for real-time monitoring,
process optimization, and predictive maintenance is accelerating investments in
intelligent refinery management solutions. Stricter regulatory compliance
requirements and the need for enhanced operational efficiency and safety are
further fueling adoption. The integration of AI, IoT, and cloud computing is
enabling refineries to enhance decision-making, reduce operational costs, and
improve asset performance. As the industry prioritizes minimizing downtime,
maximizing yield, and advancing sustainability goals, demand for integrated
information systems continues to rise. Therefore, the Market of Integrated
Refinery Information System is expected to boost in the upcoming years.,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Integrated
Refinery Information System Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented, By Type (P&ID, Electrical, Civil
& Mechanical), By Application (Enterprise Asset Management, HSE Management,
Instrument Management, Laboratory Information Management, Document Management),
By Region, By Competition, 2020-2030F”, has evaluated the future growth
potential of Global Integrated Refinery Information System Market and provides
statistics & information on the Market size, structure, and future Market
growth. The report intends to provide cutting-edge Market intelligence and help
decision-makers make sound investment decisions., The report also identifies
and analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the Global Integrated Refinery Information System Market.
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