Oilfield Integrity Management Market by Management Type (Planning, Predictive Maintenance & Inspection, Corrosion Management, Data Management, and Monitoring System), Component (Hardware, Software, Services), Application, & Region - Global Forecast to 2025
“The global oilfield integrity management market size is projected to grow at a CAGR of 8.1%, from 2020 to 2025.”
The global oilfield integrity management market size is projected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1% from 2020 to 2025. The growth of this market is driven by the increasing focus of oilfield operators to enhance their productivity by reducing downtime required in maintenance activities. Also, the oil and gas discoveries across the globe are likely to fuel market growth. North America accounted for the largest market share in 2019. The growth of the North American oilfield integrity management market is driven by rise in shale gas & tight oil production, favorable regulations related to the licensing of exploration & production activities, and an increase in oilfield discoveries in Gulf of Mexico.
“The onshore segment is expected to hold the largest share of the oilfield integrity management market, by application, during the forecast period.”
Onshore wells are widely drilled across the world, with more oil & gas production potential from regions such as the Middle East, North America, Africa, and Asia Pacific. The demand for oilfield integrity management is high in the onshore application segment as new well drilling activities are rising in onshore locations at a faster pace than in the offshore fields. In addition, the cost incurred in onshore oilfield activities is less compared to the offshore application.
“Middle East & Africa: The fastest market for oilfield integrity management.”
The Middle East & Africa is the fastest-growing market for oilfield integrity management, followed by North America and Europe. According to Baker Hughes’ rig count report, the total onshore rig count experienced a 1% Y-o-Y decline from 2017 to 2018. Additionally, the rig to well ratio is very low in the region. This shows that there are very few new drilled wells in the region, and the production activities are highly concentrated in the mature fields. Hence, enhancement of production and any developments on these mature fields/wells are expected to drive the oilfield integrity management market during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
The key players in the oilfield integrity management market include companies such as Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Siemens (Germany), Emerson (US), IBM (US), and Oracle (US).
Study Coverage:
The report provides a complete view of the oilfield integrity management market across the oil & gas industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as application, component, management type, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
The market has been segmented based on application, component, management type, and region, with a focus on industry analysis (industry trends). The market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the oilfield integrity management market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key management types that are essential for the efficient operation of oilfields
2. The report helps solution providers understand the pulse of the market and provide insights into drivers, opportunities, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
The global oilfield integrity management market size is projected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1% from 2020 to 2025. The growth of this market is driven by the increasing focus of oilfield operators to enhance their productivity by reducing downtime required in maintenance activities. Also, the oil and gas discoveries across the globe are likely to fuel market growth. North America accounted for the largest market share in 2019. The growth of the North American oilfield integrity management market is driven by rise in shale gas & tight oil production, favorable regulations related to the licensing of exploration & production activities, and an increase in oilfield discoveries in Gulf of Mexico.
“The onshore segment is expected to hold the largest share of the oilfield integrity management market, by application, during the forecast period.”
Onshore wells are widely drilled across the world, with more oil & gas production potential from regions such as the Middle East, North America, Africa, and Asia Pacific. The demand for oilfield integrity management is high in the onshore application segment as new well drilling activities are rising in onshore locations at a faster pace than in the offshore fields. In addition, the cost incurred in onshore oilfield activities is less compared to the offshore application.
“Middle East & Africa: The fastest market for oilfield integrity management.”
The Middle East & Africa is the fastest-growing market for oilfield integrity management, followed by North America and Europe. According to Baker Hughes’ rig count report, the total onshore rig count experienced a 1% Y-o-Y decline from 2017 to 2018. Additionally, the rig to well ratio is very low in the region. This shows that there are very few new drilled wells in the region, and the production activities are highly concentrated in the mature fields. Hence, enhancement of production and any developments on these mature fields/wells are expected to drive the oilfield integrity management market during the forecast period.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
- By Company Type: Tier 1- 25%, Tier 2- 40%, Tier 3- 35%
- By Designation: C-Level- 18%, D-Level- 35%, Others- 47%
- By Region: North America- 15%, Europe- 18%, Asia Pacific- 25%, Middle East- 23%, Africa- 8%, , and South America- 11%
The key players in the oilfield integrity management market include companies such as Schlumberger (US), Halliburton (US), Baker Hughes Company (US), Siemens (Germany), Emerson (US), IBM (US), and Oracle (US).
Study Coverage:
The report provides a complete view of the oilfield integrity management market across the oil & gas industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as application, component, management type, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
The market has been segmented based on application, component, management type, and region, with a focus on industry analysis (industry trends). The market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the oilfield integrity management market.
Key Benefits of Buying the Report
1. The report identifies and addresses the key management types that are essential for the efficient operation of oilfields
2. The report helps solution providers understand the pulse of the market and provide insights into drivers, opportunities, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.2.1 OILFIELD INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 OILFIELD INTEGRITY MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
TABLE 1 OILFIELD INTEGRITY MANAGEMENT MARKET: PLAYERS/COMPANIES CONNECTED
2.2 SCOPE
2.3 KEY INFLUENCING FACTORS/DRIVERS
2.3.1 OILFIELD COUNT
2.3.2 PRODUCTION TRENDS
FIGURE 2 OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION (2013–2019)
2.3.3 CRUDE OIL PRICES
FIGURE 3 CRUDE OIL PRICE TREND
2.3.4 IMPACT OF COVID-19 ON OIL & GAS ACTIVITIES
2.4 MARKET SIZE ESTIMATION
2.4.1 IDEAL DEMAND-SIDE ANALYSIS
2.4.1.1 Assumptions
2.4.1.2 Limitations
2.4.1.3 Calculation
2.4.2 SUPPLY-SIDE ANALYSIS
2.4.2.1 Assumptions
2.4.2.2 Calculation
FIGURE 4 RESEARCH METHODOLOGY: ILLUSTRATION OF OILFIELD INTEGRITY MANAGEMENT COMPANY REVENUE ESTIMATION (2019)
FIGURE 5 KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
2.4.3 FORECAST
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.6 PRIMARY INSIGHTS
3 EXECUTIVE SUMMARY
FIGURE 7 SCENARIO ANALYSIS: OILFIELD INTEGRITY MANAGEMENT MARKET, 2018–2025
3.1 OPTIMISTIC SCENARIO
3.2 REALISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
TABLE 2 OILFIELD INTEGRITY MANAGEMENT MARKET SNAPSHOT
FIGURE 8 NORTH AMERICA HELD LARGEST SHARE OF OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
FIGURE 9 HARDWARE SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT, DURING FORECAST PERIOD
FIGURE 10 MONITORING SYSTEM SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE, DURING FORECAST PERIOD
FIGURE 11 ONSHORE SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION, DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN OILFIELD INTEGRITY MANAGEMENT MARKET
FIGURE 12 HIGH FOCUS ON DIGITALIZATION IN OILFIELDS TO SUPPLEMENT GROWTH OF OILFIELD INTEGRITY MANAGEMENT MARKET, 2020–2025
4.2 OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT
FIGURE 13 HARDWARE SEGMENT IS EXPECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD, 2025
4.3 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT
FIGURE 14 MONITORING SYSTEM IS EXPECTED TO ACCOUNT FOR THE HIGHEST SHARE, 2025
4.4 OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION
FIGURE 15 ONSHORE SEGMENT IS EXPECTED TO DOMINATE THE MARKET, 2025
4.5 OILFIELD INTEGRITY MANAGEMENT MARKET, BY REGION
FIGURE 16 OILFIELD INTEGRITY MANAGEMENT SEGMENT IN THE MIDDLE EAST & AFRICA IS EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.6 NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION & COUNTRY
FIGURE 17 ONSHORE SEGMENT AND US DOMINATED NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 18 COVID-19 GLOBAL PROPAGATION
FIGURE 19 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 20 RECOVERY ROAD FOR 2020
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 21 REVISED GDP FORECAST FOR SELECTED G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 22 OILFIELD INTEGRITY MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Increasing focus on remote monitoring of oilfields for process optimization and automation
5.5.1.2 Stringent government regulations regarding environmental safety
5.5.2 RESTRAINTS
5.5.2.1 Fluctuations in oil prices are hampering operational spending on various oilfield services
FIGURE 23 WEST TEXAS INTERMEDIATE (WTI) CRUDE OIL PRICES, 2015–2020
5.5.2.2 High initial cost and complex process of system installation
FIGURE 24 PDCA FRAMEWORK FOR OILFIELD INTEGRITY MANAGEMENT
5.5.3 OPPORTUNITIES
5.5.3.1 Digitalization in oilfields
5.5.3.2 Increasing exploration and production activities in emerging countries
FIGURE 25 CRUDE OIL - PROVED RESERVES OF 2019
5.5.4 CHALLENGES
5.5.4.1 Interoperability of multiple system components from different solution providers
5.5.4.2 Impact of COVID-19 on upstream activities
5.6 REGULATORY LANDSCAPE
TABLE 3 REGULATIONS ON E&P ACTIVITIES
5.7 MARKET MAP
5.8 SUPPLY CHAIN ANALYSIS
FIGURE 26 OILFIELD INTEGRITY MANAGEMENT SUPPLY CHAIN
5.8.1 EQUIPMENT MANUFACTURERS
5.8.2 OILFIELD SERVICE PROVIDERS
5.8.3 SOFTWARE OPERATORS
5.8.4 OILFIELD OPERATORS
5.9 CASE STUDY ANALYSIS
5.9.1 INCREASE IN PRODUCTION FROM INTEGRATED SOLUTIONS
6 COVID-19 IMPACT ON OILFIELD INTEGRITY MANAGEMENT MARKET, SCENARIO ANALYSIS, BY REGION
6.1 INTRODUCTION
6.1.1 IMPACT OF COVID-19 ON GDP
TABLE 4 GDP ANALYSIS (IN PERCENTAGE)
6.1.2 SCENARIO ANALYSIS OF OIL & GAS INDUSTRY
TABLE 5 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY SCENARIO ANALYSIS, 2018–2025 (USD MILLION)
6.1.3 OPTIMISTIC SCENARIO
TABLE 6 OPTIMISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.4 REALISTIC SCENARIO
TABLE 7 REALISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.5 PESSIMISTIC SCENARIO
TABLE 8 PESSIMISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE
7.1 INTRODUCTION
FIGURE 27 MONITORING SYSTEM SEGMENT HELD LARGEST MARKET SHARE IN 2019
TABLE 9 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
7.2 PLANNING
7.2.1 NEED FOR DETERMINING THE LOCATION OF CRUDE OIL RESOURCES IS LIKELY TO DRIVE THE MARKET GROWTH
TABLE 10 PLANNING: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 PREDICTIVE MAINTENANCE & INSPECTION
7.3.1 NEED FOR INCREASING THE RELIABILITY OF OILFIELDS TO AVOID HIGH FINANCIAL LOSS IS LIKELY TO DRIVE MARKET GROWTH
TABLE 11 PREDICTIVE MAINTENANCE & INSPECTION: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 CORROSION MANAGEMENT
7.4.1 PREVENTION OF FAILURES TO REDUCE UNPLANNED DOWNTIME TO DRIVE MARKET GROWTH
TABLE 12 CORROSION MANAGEMENT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.5 DATA MANAGEMENT
7.5.1 INCREASING NEED TO ORGANIZE AND ANALYSE DATA COLLECTED FROM OILFIELD OPERATIONS TO DRIVE MARKET GROWTH
TABLE 13 DATA MANAGEMENT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.6 MONITORING SYSTEM
7.6.1 GROWING ADOPTION OF DIGITAL TECHNOLOGIES TO COLLECT LARGE VOLUMES OF DATA IS LIKELY TO BOOST DEMAND FOR MONITORING SYSTEM
TABLE 14 MONITORING SYSTEM: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8 OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT
8.1 INTRODUCTION
FIGURE 28 HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 15 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
8.2 HARDWARE
8.2.1 GROWING USE OF DATA ACQUISITION EQUIPMENT AND WIRELESS SENSORS TO INCREASE EFFICIENCY AND ACCURACY
TABLE 16 HARDWARE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 SOFTWARE
8.3.1 INCREASING MODIFICATION RATE OF CONVENTIONAL OILFIELDS TO BOOST DEMAND FOR SOFTWARE
TABLE 17 SOFTWARE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 SERVICES
8.4.1 INCREASING FOCUS ON FINANCIAL AND WELL PLANNING DURING INITIAL PHASES OF OILFIELD DEVELOPMENT
TABLE 18 SERVICES: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 OILFIELD INTEGRITY MANAGEMENT, BY APPLICATION
9.1 INTRODUCTION
FIGURE 29 ONSHORE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 19 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2 ONSHORE
9.2.1 INCREASING NUMBER OF ONSHORE OILFIELDS IS LIKELY TO DRIVE MARKET GROWTH
TABLE 20 ONSHORE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 OFFSHORE
9.3.1 INCREASING DEEPWATER DRILLING AND PRODUCTION ACTIVITIES IS LIKELY TO DRIVE MARKET GROWTH
TABLE 21 OFFSHORE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 OILFIELD INTEGRITY MANAGEMENT MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 30 REGIONAL SNAPSHOT: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 31 OILFIELD INTEGRITY MANAGEMENT MARKET SHARE, BY REGION, 2019
TABLE 22 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 32 NORTH AMERICA: REGIONAL SNAPSHOT
10.2.1 BY MANAGEMENT TYPE
TABLE 23 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.2.2 BY COMPONENT
TABLE 24 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.2.2.1 Component, by country
TABLE 25 HARDWARE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 26 SOFTWARE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 27 SERVICES: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.3 BY APPLICATION
TABLE 28 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2.3.1 Application, by country
TABLE 29 ONSHORE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 30 OFFSHORE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.4 BY COUNTRY
TABLE 31 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.4.1 US
10.2.4.1.1 Investments to integrate digital technologies in oilfield operations to drive market growth
TABLE 32 US: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 33 US: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2.4.2 Canada
10.2.4.2.1 Growing onshore oil production to drive the growth of the market
TABLE 34 CANADA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 35 CANADA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3 ASIA PACIFIC
10.3.1 BY MANAGEMENT TYPE
TABLE 36 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.3.2 BY COMPONENT
TABLE 37 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.3.2.1 Component, by country
TABLE 38 HARDWARE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 39 SOFTWARE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 40 SERVICES: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 41 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.3.1 Application, by country
TABLE 42 ONSHORE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 OFFSHORE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.4 BY COUNTRY
TABLE 44 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.4.1 China
10.3.4.1.1 Rise in shale exploration & production activities is likely to drive the market growth
TABLE 45 CHINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 46 CHINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.2 India
10.3.4.2.1 Redevelopment of oilfields to drive the market growth in India
TABLE 47 INDIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 48 INDIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.3 Malaysia
10.3.4.3.1 Increasing capital expenditure on oilfields to drive the market growth
TABLE 49 MALAYSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 50 MALAYSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.4 Indonesia
10.3.4.4.1 Increasing investments in mature wells to boost productivity is expected to drive the market growth
TABLE 51 INDONESIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 52 INDONESIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.5 Australia
10.3.4.5.1 Plans to redevelop mature oilfields are expected to drive the market growth
TABLE 53 AUSTRALIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 54 AUSTRALIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.6 Rest of Asia Pacific
TABLE 55 REST OF ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 56 REST OF ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4 EUROPE
10.4.1 BY MANAGEMENT TYPE
TABLE 57 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.4.2 BY COMPONENT
TABLE 58 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.4.2.1 Component, by country
TABLE 59 HARDWARE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 60 SOFTWARE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 SERVICES: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.3 BY APPLICATION
TABLE 62 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.3.1 Application, by country
TABLE 63 ONSHORE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 OFFSHORE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.4 BY COUNTRY
TABLE 65 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.4.1 UK
10.4.4.1.1 Redevelopments in brownfields are expected to drive the market growth
TABLE 66 UK: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 67 UK: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.2 Russia
10.4.4.2.1 Increase in E&P activities in Russia far East region is expected to drive the market growth
TABLE 68 RUSSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 69 RUSSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.3 Norway
10.4.4.3.1 Fast depleting oil & gas fields in Norwegian Continental Shelf are offering growth opportunities for oilfield integrity management market
TABLE 70 NORWAY: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 71 NORWAY: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.4 Rest of Europe
TABLE 72 REST OF EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 73 REST OF EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
FIGURE 33 MIDDLE EAST & AFRICA: REGIONAL SNAPSHOT
10.5.1 BY MANAGEMENT TYPE
TABLE 74 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.5.2 BY COMPONENT
TABLE 75 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.5.2.1 Component by country
TABLE 76 HARDWARE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 SOFTWARE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 78 SERVICES: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.3 BY APPLICATION
TABLE 79 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.3.1 Application, by country
TABLE 80 ONSHORE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 81 OFFSHORE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.4 BY COUNTRY
TABLE 82 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.4.1 Saudi Arabia
10.5.4.1.1 Increasing crude production from onshore fields and surge in offshore exploration are expected to drive the market growth
TABLE 83 SAUDI ARABIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 84 SAUDI ARABIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.2 Kuwait
10.5.4.2.1 Plans to invest in oilfields are likely to drive the market growth
TABLE 85 KUWAIT OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 86 KUWAIT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.3 UAE
10.5.4.3.1 Growing adoption of advanced techniques to boost oil production is expected to drive the market growth
TABLE 87 UAE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 88 UAE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.4 Iraq
10.5.4.4.1 Increase in onshore drilling activities is expected to drive the market growth
TABLE 89 IRAQ: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 90 IRAQ: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.5 Nigeria
10.5.4.5.1 Increasing investments in E&P activities to drive the market growth
TABLE 91 NIGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 92 NIGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.6 Algeria
10.5.4.6.1 Upcoming drilling activities and rising capital expenditure are expected to drive the market growth
TABLE 93 ALGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 94 ALGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.7 Rest of the Middle East & Africa
TABLE 95 REST OF THE MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 96 REST OF THE MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6 SOUTH & CENTRAL AMERICA
10.6.1 BY MANAGEMENT TYPE
TABLE 97 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.6.2 BY COMPONENT
TABLE 98 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.6.2.1 Component, by country
TABLE 99 HARDWARE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 100 SOFTWARE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 101 SERVICES: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.3 BY APPLICATION
TABLE 102 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.3.1 Application, by country
TABLE 103 ONSHORE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 104 OFFSHORE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.4 BY COUNTRY
TABLE 105 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.4.1 Brazil
10.6.4.1.1 Increase in investments in offshore activities is expected to drive the market growth
TABLE 106 BRAZIL: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 107 BRAZIL: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.2 Mexico
10.6.4.2.1 Investments for expediting oil & gas production from existing reserves is expected to drive the growth of the market
TABLE 108 MEXICO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 109 MEXICO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.3 Argentina
10.6.4.3.1 Increase in drilling activities is expected to drive the market growth
TABLE 110 ARGENTINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 111 ARGENTINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.4 Rest of South & Central America
TABLE 112 REST OF SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 113 REST OF SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 34 KEY DEVELOPMENTS IN OILFIELD INTEGRITY MANAGEMENT MARKET, 2017–2020
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 35 MARKET EVALUATION FRAMEWORK:
11.3 REVENUE ANALYSIS OF THE TOP 5 MARKET PLAYERS
FIGURE 36 TOP PLAYERS IN THE OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
11.4 KEY MARKET DEVELOPMENTS
11.4.1 PRODUCT LAUNCH
11.4.2 EXPANSION
11.4.3 MERGER/ACQUISITION/JOINT VENTURE
11.4.4 CONTRACT/AGREEMENT
11.4.5 PARTNERSHIP
12 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
12.1 OVERVIEW
12.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
12.2.1 STARS
12.2.2 EMERGING LEADERS
12.2.3 PERVASIVE
12.2.4 EMERGING COMPANIES
FIGURE 37 COMPANY EVALUATION MATRIX, 2019
12.3 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.3.1 BAKER HUGHES COMPANY
FIGURE 38 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
FIGURE 39 BAKER HUGHES: SWOT ANALYSIS
12.3.2 SCHLUMBERGER
FIGURE 40 SCHLUMBERGER: COMPANY SNAPSHOT
FIGURE 41 SCHLUMBERGER: SWOT ANALYSIS
12.3.3 HALLIBURTON
FIGURE 42 HALLIBURTON: COMPANY SNAPSHOT
FIGURE 43 HALLIBURTON: SWOT ANALYSIS
12.3.4 WOOD GROUP
FIGURE 44 WOOD GROUP: COMPANY SNAPSHOT
12.3.5 AKER SOLUTIONS
FIGURE 45 AKER SOLUTIONS: COMPANY SNAPSHOT
FIGURE 46 AKER SOLUTIONS: SWOT ANALYSIS
12.3.6 SGS
FIGURE 47 SGS: COMPANY SNAPSHOT
FIGURE 48 SGS: SWOT ANALYSIS
12.3.7 OCEANEERING INTERNATIONAL
FIGURE 49 OCEANEERING INTERNATIONAL: COMPANY SNAPSHOT
12.3.8 TECHNIPFMC
FIGURE 50 TECHNIPFMC: COMPANY SNAPSHOT
12.3.9 EMERSON
FIGURE 51 EMERSON: COMPANY SNAPSHOT
12.3.10 SAIPEM
FIGURE 52 SAIPEM: COMPANY SNAPSHOT
12.3.11 SUBSEA 7
FIGURE 53 SUBSEA 7: COMPANY SNAPSHOT
12.3.12 WEATHERFORD INTERNATIONAL
FIGURE 54 WEATHERFORD INTERNATIONAL: COMPANY SNAPSHOT
12.3.13 SIEMENS
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
12.3.14 INTERTEK GROUP
FIGURE 56 INTERTEK GROUP: COMPANY SNAPSHOT
12.3.15 APPLUS+
FIGURE 57 APPLUS+: COMPANY SNAPSHOT
12.3.16 NATIONAL OILWELL VARCO
FIGURE 58 NATIONAL OILWELL VARCO: COMPANY SNAPSHOT
12.3.17 BUREAU VERITAS
FIGURE 59 BUREAU VERITAS: COMPANY SNAPSHOT
12.3.18 ORACLE
FIGURE 60 ORACLE: COMPANY SNAPSHOT
12.3.19 IBM
FIGURE 61 IBM: COMPANY SNAPSHOT
12.3.20 FLUOR
12.3.21 LIST OF OTHER MAJOR PLAYERS IN THE MARKET
12.3.21.1 Nalco Champion
12.3.21.2 China Oilfield Services
12.3.21.3 Archer
12.3.21.4 Expro Group
12.3.21.5 ABB
12.3.21.6 DNV GL
12.3.21.7 Microsoft
12.3.21.8 Accenture
12.3.21.9 SAP
12.3.21.10 Intel
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 DEFINITION
1.2.1 OILFIELD INTEGRITY MANAGEMENT MARKET, BY SERVICE TYPE: INCLUSIONS & EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 OILFIELD INTEGRITY MANAGEMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
TABLE 1 OILFIELD INTEGRITY MANAGEMENT MARKET: PLAYERS/COMPANIES CONNECTED
2.2 SCOPE
2.3 KEY INFLUENCING FACTORS/DRIVERS
2.3.1 OILFIELD COUNT
2.3.2 PRODUCTION TRENDS
FIGURE 2 OPERATIONAL WELL COUNT VS. CRUDE OIL PRODUCTION (2013–2019)
2.3.3 CRUDE OIL PRICES
FIGURE 3 CRUDE OIL PRICE TREND
2.3.4 IMPACT OF COVID-19 ON OIL & GAS ACTIVITIES
2.4 MARKET SIZE ESTIMATION
2.4.1 IDEAL DEMAND-SIDE ANALYSIS
2.4.1.1 Assumptions
2.4.1.2 Limitations
2.4.1.3 Calculation
2.4.2 SUPPLY-SIDE ANALYSIS
2.4.2.1 Assumptions
2.4.2.2 Calculation
FIGURE 4 RESEARCH METHODOLOGY: ILLUSTRATION OF OILFIELD INTEGRITY MANAGEMENT COMPANY REVENUE ESTIMATION (2019)
FIGURE 5 KEY PLAYERS & INDUSTRY CONCENTRATION, 2019
2.4.3 FORECAST
2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION METHODOLOGY
2.6 PRIMARY INSIGHTS
3 EXECUTIVE SUMMARY
FIGURE 7 SCENARIO ANALYSIS: OILFIELD INTEGRITY MANAGEMENT MARKET, 2018–2025
3.1 OPTIMISTIC SCENARIO
3.2 REALISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
TABLE 2 OILFIELD INTEGRITY MANAGEMENT MARKET SNAPSHOT
FIGURE 8 NORTH AMERICA HELD LARGEST SHARE OF OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
FIGURE 9 HARDWARE SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT, DURING FORECAST PERIOD
FIGURE 10 MONITORING SYSTEM SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE, DURING FORECAST PERIOD
FIGURE 11 ONSHORE SEGMENT IS EXPECTED TO LEAD OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION, DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN OILFIELD INTEGRITY MANAGEMENT MARKET
FIGURE 12 HIGH FOCUS ON DIGITALIZATION IN OILFIELDS TO SUPPLEMENT GROWTH OF OILFIELD INTEGRITY MANAGEMENT MARKET, 2020–2025
4.2 OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT
FIGURE 13 HARDWARE SEGMENT IS EXPECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD, 2025
4.3 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT
FIGURE 14 MONITORING SYSTEM IS EXPECTED TO ACCOUNT FOR THE HIGHEST SHARE, 2025
4.4 OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION
FIGURE 15 ONSHORE SEGMENT IS EXPECTED TO DOMINATE THE MARKET, 2025
4.5 OILFIELD INTEGRITY MANAGEMENT MARKET, BY REGION
FIGURE 16 OILFIELD INTEGRITY MANAGEMENT SEGMENT IN THE MIDDLE EAST & AFRICA IS EXPECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.6 NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET, BY APPLICATION & COUNTRY
FIGURE 17 ONSHORE SEGMENT AND US DOMINATED NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 COVID-19 HEALTH ASSESSMENT
FIGURE 18 COVID-19 GLOBAL PROPAGATION
FIGURE 19 COVID-19 PROPAGATION IN SELECTED COUNTRIES
5.3 ROAD TO RECOVERY
FIGURE 20 RECOVERY ROAD FOR 2020
5.4 COVID-19 ECONOMIC ASSESSMENT
FIGURE 21 REVISED GDP FORECAST FOR SELECTED G20 COUNTRIES IN 2020
5.5 MARKET DYNAMICS
FIGURE 22 OILFIELD INTEGRITY MANAGEMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.5.1 DRIVERS
5.5.1.1 Increasing focus on remote monitoring of oilfields for process optimization and automation
5.5.1.2 Stringent government regulations regarding environmental safety
5.5.2 RESTRAINTS
5.5.2.1 Fluctuations in oil prices are hampering operational spending on various oilfield services
FIGURE 23 WEST TEXAS INTERMEDIATE (WTI) CRUDE OIL PRICES, 2015–2020
5.5.2.2 High initial cost and complex process of system installation
FIGURE 24 PDCA FRAMEWORK FOR OILFIELD INTEGRITY MANAGEMENT
5.5.3 OPPORTUNITIES
5.5.3.1 Digitalization in oilfields
5.5.3.2 Increasing exploration and production activities in emerging countries
FIGURE 25 CRUDE OIL - PROVED RESERVES OF 2019
5.5.4 CHALLENGES
5.5.4.1 Interoperability of multiple system components from different solution providers
5.5.4.2 Impact of COVID-19 on upstream activities
5.6 REGULATORY LANDSCAPE
TABLE 3 REGULATIONS ON E&P ACTIVITIES
5.7 MARKET MAP
5.8 SUPPLY CHAIN ANALYSIS
FIGURE 26 OILFIELD INTEGRITY MANAGEMENT SUPPLY CHAIN
5.8.1 EQUIPMENT MANUFACTURERS
5.8.2 OILFIELD SERVICE PROVIDERS
5.8.3 SOFTWARE OPERATORS
5.8.4 OILFIELD OPERATORS
5.9 CASE STUDY ANALYSIS
5.9.1 INCREASE IN PRODUCTION FROM INTEGRATED SOLUTIONS
6 COVID-19 IMPACT ON OILFIELD INTEGRITY MANAGEMENT MARKET, SCENARIO ANALYSIS, BY REGION
6.1 INTRODUCTION
6.1.1 IMPACT OF COVID-19 ON GDP
TABLE 4 GDP ANALYSIS (IN PERCENTAGE)
6.1.2 SCENARIO ANALYSIS OF OIL & GAS INDUSTRY
TABLE 5 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY SCENARIO ANALYSIS, 2018–2025 (USD MILLION)
6.1.3 OPTIMISTIC SCENARIO
TABLE 6 OPTIMISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.4 REALISTIC SCENARIO
TABLE 7 REALISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
6.1.5 PESSIMISTIC SCENARIO
TABLE 8 PESSIMISTIC SCENARIO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE
7.1 INTRODUCTION
FIGURE 27 MONITORING SYSTEM SEGMENT HELD LARGEST MARKET SHARE IN 2019
TABLE 9 OILFIELD INTEGRITY MANAGEMENT MARKET, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
7.2 PLANNING
7.2.1 NEED FOR DETERMINING THE LOCATION OF CRUDE OIL RESOURCES IS LIKELY TO DRIVE THE MARKET GROWTH
TABLE 10 PLANNING: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.3 PREDICTIVE MAINTENANCE & INSPECTION
7.3.1 NEED FOR INCREASING THE RELIABILITY OF OILFIELDS TO AVOID HIGH FINANCIAL LOSS IS LIKELY TO DRIVE MARKET GROWTH
TABLE 11 PREDICTIVE MAINTENANCE & INSPECTION: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.4 CORROSION MANAGEMENT
7.4.1 PREVENTION OF FAILURES TO REDUCE UNPLANNED DOWNTIME TO DRIVE MARKET GROWTH
TABLE 12 CORROSION MANAGEMENT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.5 DATA MANAGEMENT
7.5.1 INCREASING NEED TO ORGANIZE AND ANALYSE DATA COLLECTED FROM OILFIELD OPERATIONS TO DRIVE MARKET GROWTH
TABLE 13 DATA MANAGEMENT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
7.6 MONITORING SYSTEM
7.6.1 GROWING ADOPTION OF DIGITAL TECHNOLOGIES TO COLLECT LARGE VOLUMES OF DATA IS LIKELY TO BOOST DEMAND FOR MONITORING SYSTEM
TABLE 14 MONITORING SYSTEM: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8 OILFIELD INTEGRITY MANAGEMENT MARKET, BY COMPONENT
8.1 INTRODUCTION
FIGURE 28 HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 15 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
8.2 HARDWARE
8.2.1 GROWING USE OF DATA ACQUISITION EQUIPMENT AND WIRELESS SENSORS TO INCREASE EFFICIENCY AND ACCURACY
TABLE 16 HARDWARE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.3 SOFTWARE
8.3.1 INCREASING MODIFICATION RATE OF CONVENTIONAL OILFIELDS TO BOOST DEMAND FOR SOFTWARE
TABLE 17 SOFTWARE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
8.4 SERVICES
8.4.1 INCREASING FOCUS ON FINANCIAL AND WELL PLANNING DURING INITIAL PHASES OF OILFIELD DEVELOPMENT
TABLE 18 SERVICES: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9 OILFIELD INTEGRITY MANAGEMENT, BY APPLICATION
9.1 INTRODUCTION
FIGURE 29 ONSHORE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 19 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
9.2 ONSHORE
9.2.1 INCREASING NUMBER OF ONSHORE OILFIELDS IS LIKELY TO DRIVE MARKET GROWTH
TABLE 20 ONSHORE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
9.3 OFFSHORE
9.3.1 INCREASING DEEPWATER DRILLING AND PRODUCTION ACTIVITIES IS LIKELY TO DRIVE MARKET GROWTH
TABLE 21 OFFSHORE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10 OILFIELD INTEGRITY MANAGEMENT MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 30 REGIONAL SNAPSHOT: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 31 OILFIELD INTEGRITY MANAGEMENT MARKET SHARE, BY REGION, 2019
TABLE 22 OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 32 NORTH AMERICA: REGIONAL SNAPSHOT
10.2.1 BY MANAGEMENT TYPE
TABLE 23 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.2.2 BY COMPONENT
TABLE 24 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.2.2.1 Component, by country
TABLE 25 HARDWARE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 26 SOFTWARE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 27 SERVICES: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.3 BY APPLICATION
TABLE 28 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2.3.1 Application, by country
TABLE 29 ONSHORE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 30 OFFSHORE: NORTH AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.4 BY COUNTRY
TABLE 31 NORTH AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.2.4.1 US
10.2.4.1.1 Investments to integrate digital technologies in oilfield operations to drive market growth
TABLE 32 US: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 33 US: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.2.4.2 Canada
10.2.4.2.1 Growing onshore oil production to drive the growth of the market
TABLE 34 CANADA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 35 CANADA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3 ASIA PACIFIC
10.3.1 BY MANAGEMENT TYPE
TABLE 36 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.3.2 BY COMPONENT
TABLE 37 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.3.2.1 Component, by country
TABLE 38 HARDWARE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 39 SOFTWARE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 40 SERVICES: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.3 BY APPLICATION
TABLE 41 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.3.1 Application, by country
TABLE 42 ONSHORE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 43 OFFSHORE: ASIA PACIFIC OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.4 BY COUNTRY
TABLE 44 ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.3.4.1 China
10.3.4.1.1 Rise in shale exploration & production activities is likely to drive the market growth
TABLE 45 CHINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 46 CHINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.2 India
10.3.4.2.1 Redevelopment of oilfields to drive the market growth in India
TABLE 47 INDIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 48 INDIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.3 Malaysia
10.3.4.3.1 Increasing capital expenditure on oilfields to drive the market growth
TABLE 49 MALAYSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 50 MALAYSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.4 Indonesia
10.3.4.4.1 Increasing investments in mature wells to boost productivity is expected to drive the market growth
TABLE 51 INDONESIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 52 INDONESIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.5 Australia
10.3.4.5.1 Plans to redevelop mature oilfields are expected to drive the market growth
TABLE 53 AUSTRALIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 54 AUSTRALIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.3.4.6 Rest of Asia Pacific
TABLE 55 REST OF ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 56 REST OF ASIA PACIFIC: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4 EUROPE
10.4.1 BY MANAGEMENT TYPE
TABLE 57 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.4.2 BY COMPONENT
TABLE 58 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.4.2.1 Component, by country
TABLE 59 HARDWARE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 60 SOFTWARE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 61 SERVICES: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.3 BY APPLICATION
TABLE 62 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.3.1 Application, by country
TABLE 63 ONSHORE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 64 OFFSHORE: EUROPE OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.4 BY COUNTRY
TABLE 65 EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.4.4.1 UK
10.4.4.1.1 Redevelopments in brownfields are expected to drive the market growth
TABLE 66 UK: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 67 UK: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.2 Russia
10.4.4.2.1 Increase in E&P activities in Russia far East region is expected to drive the market growth
TABLE 68 RUSSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 69 RUSSIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.3 Norway
10.4.4.3.1 Fast depleting oil & gas fields in Norwegian Continental Shelf are offering growth opportunities for oilfield integrity management market
TABLE 70 NORWAY: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 71 NORWAY: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.4.4.4 Rest of Europe
TABLE 72 REST OF EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 73 REST OF EUROPE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5 MIDDLE EAST & AFRICA
FIGURE 33 MIDDLE EAST & AFRICA: REGIONAL SNAPSHOT
10.5.1 BY MANAGEMENT TYPE
TABLE 74 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.5.2 BY COMPONENT
TABLE 75 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.5.2.1 Component by country
TABLE 76 HARDWARE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 SOFTWARE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 78 SERVICES: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.3 BY APPLICATION
TABLE 79 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.3.1 Application, by country
TABLE 80 ONSHORE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 81 OFFSHORE: MIDDLE EAST & AFRICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.4 BY COUNTRY
TABLE 82 MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.5.4.1 Saudi Arabia
10.5.4.1.1 Increasing crude production from onshore fields and surge in offshore exploration are expected to drive the market growth
TABLE 83 SAUDI ARABIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 84 SAUDI ARABIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.2 Kuwait
10.5.4.2.1 Plans to invest in oilfields are likely to drive the market growth
TABLE 85 KUWAIT OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 86 KUWAIT: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.3 UAE
10.5.4.3.1 Growing adoption of advanced techniques to boost oil production is expected to drive the market growth
TABLE 87 UAE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 88 UAE: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.4 Iraq
10.5.4.4.1 Increase in onshore drilling activities is expected to drive the market growth
TABLE 89 IRAQ: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 90 IRAQ: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.5 Nigeria
10.5.4.5.1 Increasing investments in E&P activities to drive the market growth
TABLE 91 NIGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 92 NIGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.6 Algeria
10.5.4.6.1 Upcoming drilling activities and rising capital expenditure are expected to drive the market growth
TABLE 93 ALGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 94 ALGERIA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.5.4.7 Rest of the Middle East & Africa
TABLE 95 REST OF THE MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 96 REST OF THE MIDDLE EAST & AFRICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6 SOUTH & CENTRAL AMERICA
10.6.1 BY MANAGEMENT TYPE
TABLE 97 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY MANAGEMENT TYPE, 2018–2025 (USD MILLION)
10.6.2 BY COMPONENT
TABLE 98 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
10.6.2.1 Component, by country
TABLE 99 HARDWARE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 100 SOFTWARE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 101 SERVICES: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.3 BY APPLICATION
TABLE 102 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.3.1 Application, by country
TABLE 103 ONSHORE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 104 OFFSHORE: SOUTH & CENTRAL AMERICA OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.4 BY COUNTRY
TABLE 105 SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
10.6.4.1 Brazil
10.6.4.1.1 Increase in investments in offshore activities is expected to drive the market growth
TABLE 106 BRAZIL: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 107 BRAZIL: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.2 Mexico
10.6.4.2.1 Investments for expediting oil & gas production from existing reserves is expected to drive the growth of the market
TABLE 108 MEXICO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 109 MEXICO: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.3 Argentina
10.6.4.3.1 Increase in drilling activities is expected to drive the market growth
TABLE 110 ARGENTINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 111 ARGENTINA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
10.6.4.4 Rest of South & Central America
TABLE 112 REST OF SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY COMPONENT, 2018–2025 (USD MILLION)
TABLE 113 REST OF SOUTH & CENTRAL AMERICA: OILFIELD INTEGRITY MANAGEMENT MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
FIGURE 34 KEY DEVELOPMENTS IN OILFIELD INTEGRITY MANAGEMENT MARKET, 2017–2020
11.2 MARKET EVALUATION FRAMEWORK
FIGURE 35 MARKET EVALUATION FRAMEWORK:
11.3 REVENUE ANALYSIS OF THE TOP 5 MARKET PLAYERS
FIGURE 36 TOP PLAYERS IN THE OILFIELD INTEGRITY MANAGEMENT MARKET IN 2019
11.4 KEY MARKET DEVELOPMENTS
11.4.1 PRODUCT LAUNCH
11.4.2 EXPANSION
11.4.3 MERGER/ACQUISITION/JOINT VENTURE
11.4.4 CONTRACT/AGREEMENT
11.4.5 PARTNERSHIP
12 COMPANY EVALUATION MATRIX AND COMPANY PROFILES
12.1 OVERVIEW
12.2 COMPANY EVALUATION MATRIX DEFINITIONS AND METHODOLOGY
12.2.1 STARS
12.2.2 EMERGING LEADERS
12.2.3 PERVASIVE
12.2.4 EMERGING COMPANIES
FIGURE 37 COMPANY EVALUATION MATRIX, 2019
12.3 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.3.1 BAKER HUGHES COMPANY
FIGURE 38 BAKER HUGHES COMPANY: COMPANY SNAPSHOT
FIGURE 39 BAKER HUGHES: SWOT ANALYSIS
12.3.2 SCHLUMBERGER
FIGURE 40 SCHLUMBERGER: COMPANY SNAPSHOT
FIGURE 41 SCHLUMBERGER: SWOT ANALYSIS
12.3.3 HALLIBURTON
FIGURE 42 HALLIBURTON: COMPANY SNAPSHOT
FIGURE 43 HALLIBURTON: SWOT ANALYSIS
12.3.4 WOOD GROUP
FIGURE 44 WOOD GROUP: COMPANY SNAPSHOT
12.3.5 AKER SOLUTIONS
FIGURE 45 AKER SOLUTIONS: COMPANY SNAPSHOT
FIGURE 46 AKER SOLUTIONS: SWOT ANALYSIS
12.3.6 SGS
FIGURE 47 SGS: COMPANY SNAPSHOT
FIGURE 48 SGS: SWOT ANALYSIS
12.3.7 OCEANEERING INTERNATIONAL
FIGURE 49 OCEANEERING INTERNATIONAL: COMPANY SNAPSHOT
12.3.8 TECHNIPFMC
FIGURE 50 TECHNIPFMC: COMPANY SNAPSHOT
12.3.9 EMERSON
FIGURE 51 EMERSON: COMPANY SNAPSHOT
12.3.10 SAIPEM
FIGURE 52 SAIPEM: COMPANY SNAPSHOT
12.3.11 SUBSEA 7
FIGURE 53 SUBSEA 7: COMPANY SNAPSHOT
12.3.12 WEATHERFORD INTERNATIONAL
FIGURE 54 WEATHERFORD INTERNATIONAL: COMPANY SNAPSHOT
12.3.13 SIEMENS
FIGURE 55 SIEMENS: COMPANY SNAPSHOT
12.3.14 INTERTEK GROUP
FIGURE 56 INTERTEK GROUP: COMPANY SNAPSHOT
12.3.15 APPLUS+
FIGURE 57 APPLUS+: COMPANY SNAPSHOT
12.3.16 NATIONAL OILWELL VARCO
FIGURE 58 NATIONAL OILWELL VARCO: COMPANY SNAPSHOT
12.3.17 BUREAU VERITAS
FIGURE 59 BUREAU VERITAS: COMPANY SNAPSHOT
12.3.18 ORACLE
FIGURE 60 ORACLE: COMPANY SNAPSHOT
12.3.19 IBM
FIGURE 61 IBM: COMPANY SNAPSHOT
12.3.20 FLUOR
12.3.21 LIST OF OTHER MAJOR PLAYERS IN THE MARKET
12.3.21.1 Nalco Champion
12.3.21.2 China Oilfield Services
12.3.21.3 Archer
12.3.21.4 Expro Group
12.3.21.5 ABB
12.3.21.6 DNV GL
12.3.21.7 Microsoft
12.3.21.8 Accenture
12.3.21.9 SAP
12.3.21.10 Intel
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
