Europe Artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Country: Trend Forecast and Growth Opportunity

March 2023 | 104 pages | ID: E9F626F20D7CEN
GMD Research

Abstracts

Europe artificial intelligence (AI) in oil & gas market was valued at $ 542.5 million in 2022 and will grow by 11.8% annually over 2022-2032, driven by the need to reduce production and maintenance cost, the rising demand for safety and security standards, the increasing adoption of advanced technologies in oil & gas industry, and the high investments and fast innovation in AI implementation.

Highlighted with 32 tables and 43 figures, this 104-page report “Europe Artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Europe artificial intelligence (AI) in oil & gas market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe artificial intelligence (AI) in oil & gas market in every aspect of the classification from perspectives of Component, Operation, Application, and Country.

Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Hardware
• Software & Solutions
• Services
• Professional Services
• Managed Services

Based on Operation, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Upstream
• Midstream
• Downstream

By Application, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Predictive Maintenance and Machinery Inspection
• Production Planning
• Material Movement
• Field Services
• Quality Control
• Other Applications

Geographically, the following national/local markets are fully investigated:

• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Operation and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Accenture PLC

C3.AI Inc.

China Petrochemical Corporation

Cisco Systems Inc.

Cloudera Inc.

FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.)

Gazprom Neft PJSC

Google LLC

Huawei Technologies Co., Ltd.

IBM Corporation

Infosys Limited

Intel Corporation

Microsoft Corporation

Neudax

NVIDIA Corp.

Oracle Corporation

Royal Dutch Shell PLC

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF EUROPE MARKET BY COMPONENT

3.1 Market Overview by Component
3.2 Hardware
3.3 Software & Solutions
3.4 Services
  3.4.1 Professional Services
  3.4.2 Managed Services

4 SEGMENTATION OF EUROPE MARKET BY OPERATION

4.1 Market Overview by Operation
4.2 Upstream
4.3 Midstream
4.4 Downstream

5 SEGMENTATION OF EUROPE MARKET BY APPLICATION

5.1 Market Overview by Application
5.2 Predictive Maintenance and Machinery Inspection
5.3 Production Planning
5.4 Material Movement
5.5 Field Services
5.6 Quality Control
5.7 Other Applications

6 EUROPEAN MARKET 2022-2032 BY COUNTRY

6.1 Overview of European Market
6.2 Germany
6.3 U.K.
6.4 France
6.5 Spain
6.6 Italy
6.7 Russia
6.8 Rest of European Market

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles
Accenture PLC
C3.AI Inc.
China Petrochemical Corporation
Cisco Systems Inc.
Cloudera Inc.
FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.)
Gazprom Neft PJSC
Google LLC
Huawei Technologies Co., Ltd.
IBM Corporation
Infosys Limited
Intel Corporation
Microsoft Corporation
Neudax
NVIDIA Corp.
Oracle Corporation
Royal Dutch Shell PLC
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List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Europe AI in Oil & Gas Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Main Product Trends and Market Opportunities in Europe AI in Oil & Gas Market
Table 6. Europe AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 7. Europe AI in Oil & Gas Market: Services by Type, 2022-2032, $ mn
Table 8. Europe AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 9. Europe AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 10. Europe AI in Oil & Gas Market by Country, 2022-2032, $ mn
Table 11. Germany AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 12. Germany AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 13. Germany AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 14. U.K. AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 15. U.K. AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 16. U.K. AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 17. France AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 18. France AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 19. France AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 20. Spain AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 21. Spain AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 22. Spain AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 23. Italy AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 24. Italy AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 25. Italy AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 26. Russia AI in Oil & Gas Market by Component, 2022-2032, $ mn
Table 27. Russia AI in Oil & Gas Market by Operation, 2022-2032, $ mn
Table 28. Russia AI in Oil & Gas Market by Application, 2022-2032, $ mn
Table 29. AI in Oil & Gas Market in Rest of Europe by Country, 2022-2032, $ mn
Table 30. Accenture PLC: Company Snapshot
Table 31. Accenture PLC: Business Segmentation
Table 32. Accenture PLC: Product Portfolio

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Europe AI in Oil & Gas Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Europe AI in Oil & Gas Market
Figure 7. World Population, GDP and Energy Demand, 1990-2030
Figure 8. World Industry 4.0 Market, 2019-2030, $ bn
Figure 9. World Oil & Gas Offshore and Deepwater Production, 1970-2020
Figure 10. World Crude Oil Production, 2000-2021, million tons
Figure 11. Primary Restraints and Impact Factors of Europe AI in Oil & Gas Market
Figure 12. Investment Opportunity Analysis
Figure 13. Porter’s Fiver Forces Analysis of Europe AI in Oil & Gas Market
Figure 14. Breakdown of Europe AI in Oil & Gas Market by Component, 2022-2032, % of Revenue
Figure 15. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%)
Figure 16. Europe AI in Oil & Gas Market by Component: Hardware, 2022-2032, $ mn
Figure 17. Europe AI in Oil & Gas Market by Component: Software & Solutions, 2022-2032, $ mn
Figure 18. Europe AI in Oil & Gas Market by Component: Services, 2022-2032, $ mn
Figure 19. Europe AI in Oil & Gas Market by Services: Professional Services, 2022-2032, $ mn
Figure 20. Europe AI in Oil & Gas Market by Services: Managed Services, 2022-2032, $ mn
Figure 21. Breakdown of Europe AI in Oil & Gas Market by Operation, 2022-2032, % of Sales Revenue
Figure 22. Europe Addressable Market Cap in 2023-2032 by Operation, Value ($ mn) and Share (%)
Figure 23. Europe AI in Oil & Gas Market by Operation: Upstream, 2022-2032, $ mn
Figure 24. Europe AI in Oil & Gas Market by Operation: Midstream, 2022-2032, $ mn
Figure 25. Europe AI in Oil & Gas Market by Operation: Downstream, 2022-2032, $ mn
Figure 26. Breakdown of Europe AI in Oil & Gas Market by Application, 2022-2032, % of Sales Revenue
Figure 27. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 28. Europe AI in Oil & Gas Market by Application: Predictive Maintenance and Machinery Inspection, 2022-2032, $ mn
Figure 29. Europe AI in Oil & Gas Market by Application: Production Planning, 2022-2032, $ mn
Figure 30. Europe AI in Oil & Gas Market by Application: Material Movement, 2022-2032, $ mn
Figure 31. Europe AI in Oil & Gas Market by Application: Field Services, 2022-2032, $ mn
Figure 32. Europe AI in Oil & Gas Market by Application: Quality Control, 2022-2032, $ mn
Figure 33. Europe AI in Oil & Gas Market by Application: Other Applications, 2022-2032, $ mn
Figure 34. Breakdown of European AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue
Figure 35. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 36. AI in Oil & Gas Market in Germany, 2022-2032, $ mn
Figure 37. AI in Oil & Gas Market in U.K., 2022-2032, $ mn
Figure 38. AI in Oil & Gas Market in France, 2022-2032, $ mn
Figure 39. AI in Oil & Gas Market in Spain, 2022-2032, $ mn
Figure 40. AI in Oil & Gas Market in Italy, 2022-2032, $ mn
Figure 41. AI in Oil & Gas Market in Russia, 2022-2032, $ mn
Figure 42. AI in Oil & Gas Market in Rest of Europe, 2022-2032, $ mn
Figure 43. Growth Stage of Europe AI in Oil & Gas Industry over the Forecast Period