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Global Oilfield Integrity Management Market to reach USD 22.1 billion by 2027.

Global Oilfield Integrity Management Market Size study by Management Type (Planning, Predictive Maintenance & Inspection, Data Management, Corrosion Management and Monitoring System), by Component (Hardware, Software and Services), by Application (Onshore and Offshore) and Regional Forecasts 2020-2027

Product Code: CAMOAGI_33613251
Publish Date: 18-02-2020
Page: 200

Global Oilfield Integrity Management Market is valued approximately USD 11.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.1 % over the forecast period 2020-2027. Oilfield Integrity Management manage oilfield assets effectively and to make sure they are safe, operationally efficient as well as reliable. Oilfield Integrity Management offers implementing asset management such as the improvement that the implementation will provide to the reliability of the instruments and devices used for the operation of the industry. These will ensure that the systems are running in a manner that meets organization targets. The increasing focus on remote monitoring of oilfields for process optimization and automation and stringent government regulations regarding environmental safety are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of solutions and other strategic alliance by market players will create a lucrative demand for this market. For instance: on 17th February 2020, Halliburton launched SPIDRlive Self-Powered Intelligent Data Retriever for well testing and fracture interaction monitoring technology with real-time data. Whereas, fluctuations in oil prices are hampering operational spending on various oilfield services and high initial cost and complex process of system installation is the major factor restraining the growth of global Oilfield Integrity Management market during the forecast period.

The regional analysis of global Oilfield Integrity Management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the high energy supply and demand from the region offer lucrative opportunities to the entire oil & gas value chain. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Baker Hughes Company
Halliburton Company
John Wood Group plc
Aker Solutions ASA
Oceaneering International Inc.
TechnipFMC plc
Emerson Electric Co.
Saipem S.P.A.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

by Management Type:
Predictive Maintenance & Inspection
Data Management
Corrosion Management
Monitoring System

by Component:

By Application:

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Oilfield Integrity Management Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Oilfield Integrity Management Market, by Region, 2018-2027 (USD Billion)
1.2.2. Oilfield Integrity Management Market, by Management Type, 2018-2027 (USD Billion)
1.2.3. Oilfield Integrity Management Market, by Component, 2018-2027 (USD Billion)
1.2.4. Oilfield Integrity Management Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Oilfield Integrity Management Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Oilfield Integrity Management Market Dynamics
3.1. Oilfield Integrity Management Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Oilfield Integrity Management Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Oilfield Integrity Management Market, by Management Type
5.1. Market Snapshot
5.2. Global Oilfield Integrity Management Market by Management Type, Performance – Potential Analysis
5.3. Global Oilfield Integrity Management Market Estimates & Forecasts by Management Type 2017-2027 (USD Billion)
5.4. Oilfield Integrity Management Market, Sub Segment Analysis
5.4.1. Planning
5.4.2. Predictive Maintenance & Inspection
5.4.3. Data Management
5.4.4. Corrosion Management
5.4.5. Monitoring System
Chapter 6. Global Oilfield Integrity Management Market, by Component
6.1. Market Snapshot
6.2. Global Oilfield Integrity Management Market by Component, Performance – Potential Analysis
6.3. Global Oilfield Integrity Management Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
6.4. Oilfield Integrity Management Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
6.4.3. Services
Chapter 7. Global Oilfield Integrity Management Market, by Application
7.1. Market Snapshot
7.2. Global Oilfield Integrity Management Market by Application, Performance – Potential Analysis
7.3. Global Oilfield Integrity Management Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
7.4. Oilfield Integrity Management Market, Sub Segment Analysis
7.4.1. Onshore
7.4.2. Offshore
Chapter 8. Global Oilfield Integrity Management Market, Regional Analysis
8.1. Oilfield Integrity Management Market, Regional Market Snapshot
8.2. North America Oilfield Integrity Management Market U.S. Oilfield Integrity Management Market Management Type breakdown estimates & forecasts, 2017-2027 Component breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Oilfield Integrity Management Market
8.3. Europe Oilfield Integrity Management Market Snapshot
8.3.1. U.K. Oilfield Integrity Management Market
8.3.2. Germany Oilfield Integrity Management Market
8.3.3. France Oilfield Integrity Management Market
8.3.4. Spain Oilfield Integrity Management Market
8.3.5. Italy Oilfield Integrity Management Market
8.3.6. Rest of Europe Oilfield Integrity Management Market
8.4. Asia-Pacific Oilfield Integrity Management Market Snapshot
8.4.1. China Oilfield Integrity Management Market
8.4.2. India Oilfield Integrity Management Market
8.4.3. Japan Oilfield Integrity Management Market
8.4.4. Australia Oilfield Integrity Management Market
8.4.5. South Korea Oilfield Integrity Management Market
8.4.6. Rest of Asia Pacific Oilfield Integrity Management Market
8.5. Latin America Oilfield Integrity Management Market Snapshot
8.5.1. Brazil Oilfield Integrity Management Market
8.5.2. Mexico Oilfield Integrity Management Market
8.6. Rest of The World Oilfield Integrity Management Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Baker Hughes Company Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Schlumberger
9.2.3. Halliburton Company
9.2.4. John Wood Group plc
9.2.5. Aker Solutions ASA
9.2.6. SGS S.A.
9.2.7. Oceaneering International Inc.
9.2.8. TechnipFMC plc
9.2.9. Emerson Electric Co.
9.2.10. Saipem S.P.A.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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