Owing to low rate of demand of crude oil globally as compared to supply, prices of crude oil have stepped down by more than 50% since 2014. Several factors such as growth in electric vehicles, increased production of shale oil in the U.S., low demand rate in China, and the prospect of increased supply from Iran after lifting of the global sanctions, among others, indicates that the prices of crude oil is expected to not gain considerable momentum over the next decade. Due to this, revenue of the global top five major oil and gas companies decreased by approximately 15% on an average in 2016 as compared to 2015.
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This report comprises a comprehensive outline of the current state of the Internet Of Things (IOT) In Oil A…(O&G) Market and projects its growth and every other central element across major provincial markets. It presents an immense amount of market information that has been collected with the help of countless number of prime and subordinate research techniques.
The statistics of this report has been tapered down using numerous industry based analytical procedures.
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Primary sources are mainly industry experts from core and related industries, and suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industry’s supply chain. The bottom-up approach was used to estimate the global market size of Internet Of Things (IOT) In Oil And Gas (O&G) based on end-use industry and region, in terms of value.
With the data triangulation procedure and validation of data through primary interviews, the exact values of the overall parent market, and individual market sizes were determined and confirmed in this study.
The report on Global IoT in Oil and Gas Market provides an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, challenges, and opportunities prevailing in both the industries. Moreover, value chain analysis, consortiums, and patents have also been included in the report.
Key development strategies adopted by IoT solution providers, distributors, and service providers have also been included in the report. Key regulations with respect to oil and gas industry have also been considered in the report because of the compliance requirements which is expected to promote the use of IoT solutions.
Adoption of IoT solutions is at a nascent stage in oil and gas industry. Therefore, IoT in oil and gas market estimation has been built on detailed assumptions and limitations.
The market has been estimated on the basis of different types of IoT solutions, their uses across different applications of oil and gas industry, and geographical analysis.
Comprehensive interviews were conducted with foremost contributors of the Internet Of Things (IOT) In Oil And Gas (O&G) market, C-level decision-making, market experts, counsellors and trend analysts. This is combined with the extensive use of consistent secondary sources like company databases and handbooks.
Then, functional self-restraints like financial organization and logistics are categorized to further the research.
Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
The companies profiled in the report include: ABB Ltd., AGT International,C3 IoT, Carriots S.L., Cisco Systems, Davra Networks, Eurotech SpA, General Electric Company, Honeywell International Inc., Intel Corporation, International Business Machines Corporation, Kore Telematics, Microsoft Corporation, Numerex Corp., Parametric Technology (PTC), Pertex Management and Technology Consulting LLC,SAP SE, Schneider Electric, Siemens AG
The report also identifies United States, EU, Japan, China, India, and Southeast Asia as the prime regional markets for this market across the world. Moreover, the study report presents a 360-degree overview and SWOT analysis of the competitive Global Internet Of Things (IOT) In Oil And Gas (O&G) market has been carried out.
The report also includes a detailed overview of the competitive scenario and regulatory framework of the Global Internet Of Things (IOT) In Oil And Gas (O&G) Market. This will provide readers a clear understanding of the state of drivers, threats, major opportunities, and the major principles, guidelines, plans, and policies impacting the market.
The report provides both, qualitative and quantitative research of the Global Internet Of Things (IOT) In Oil And Gas (O&G) Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by the key contenders.
Table of Content
Global Internet Of Things (IOT) In Oil And Gas (O&G) Market Research Report 2017
Chapter 1 Internet Of Things (IOT) In Oil And Gas (O&G) Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
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