Global Oil & Gas Wireless Sensor Networks Markets to 2023: Revenues for Oil and Gas Exploration, Production and Pipeline Operation will Reach $2.2 Billion - Research and Markets

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Oct 17, 2018, 08:00 ET

Dublin, Oct. 17, 2018 /PRNewswire/ -- The "Oil & Gas Wireless Sensor Networks - A Market Dynamics Report (6th edition)" report has been added to ResearchAndMarkets.com's offering.

In 2023, global WSN revenues for oil and gas exploration, production and pipeline operation will reach $2.2 billion up from $480 million in 2017. Production will make up 59% of the revenues by this time, including wellhead automation, asset/equipment monitoring, asset tracking and locating, as well as safety and environmental applications

For the past decade, wireless sensor networks (WSN) have connected stranded assets, streamlined operations and reduced deployment costs for the oil and gas industry. WSNs have enabled remote monitoring from offshore platforms, battery-less sensors in Arctic oilfields, pipeline leak monitoring in South Africa, wireless seismic sensors and continuous monitoring for stripper wells.

Oil and gas WSN advances continue today with multiprotocol wireless mesh devices, passive sensors, wireless MEMs and Low Power Wide Area (LPWA) networks that provide a new generation of solutions for connecting assets in remote locations as well as enabling exploration projects to go deeper in challenging environments.

Operating on increasingly thin margins and focused on maximizing output from existing resources, oil and gas companies are adopting wireless sensor instruments that provide up to 80% infrastructure savings compared with wired options. As oil prices continue to rise and exploration activity increases, WSN adoption is steadily growing for core applications such as wellhead automation and pipeline compressor/pump station monitoring as well as growing innovations for asset management, worker safety and environmental monitoring.

In 2023, global WSN revenues for oil and gas exploration, production and pipeline operation will reach $2.2 billion up from $480 million in 2017. Production will make up 59% of the revenues by this time, including wellhead automation, asset/equipment monitoring, asset tracking and locating, as well as safety and environmental applications.

The publisher's Q2 2018 survey of 159 industrial automation professionals found that 43% are targeting oil and gas applications. Two in five of the oil and gas respondents have installed over 1,000 WSN nodes across all locations. Twenty percent (20%) have deployed networks with at least 3,000 nodes compared with 6% in our previous survey in Q4 2016.

Focus on Asset Management, Safety and Environmental Monitoring

The survey found that the fastest growing WSN applications by oil and gas respondents are asset tracking and locating, process control, environmental/safety and asset/machine health monitoring.

Wireless gas detection is an increasingly popular safety application with several products available today including ISA100 Wireless compliant devices by GasSecure (Drger), New Cosmos Electric, Riken Keiki as well as WirelessHART devices by Emerson and United Electric Controls. RAE Systems (Honeywell) provides a multi-radio wireless gas detector that includes wireless mesh, WiFi and Bluetooth Low Energy (BLE).

Other innovations include a wireless mesh wearables worker safety platform by Scandinavian Reach Technology (SRT) that provides real-time location information about assets and personnel. For the past decade, Kongsberg Maritime has been using SENSeOR's wireless passive SAW sensors for continuous temperature monitoring of bearings and other moving parts from offshore platforms and shipping tanker engines with over 80,000 devices installed to date.

Steady Migration to Wireless Mesh Standards

Illustrated by ABB's WirelessHART network deployed on the Goliat FPSO (floating production storage and offloading vessel) in the Barents Sea, applications for wireless mesh sensor networks continues to grow. Our survey found that 56% of the oil and gas respondents are using WirelessHART and/or ISA100. However, uses for Bluetooth, WiFi and Low Power Wide Area (LPWA)technologies such as LoRaWAN TM, NB-IoT, LTE-M and Sigfox have increased faster.

Growing Adoption for LPWA Technologies

LPWA technology is one of the most disruptive technologies for the Internet of Things with lowcost, multi-year battery-powered wireless sensors that communicate over multiple miles and scale to thousands of devices per gateway. LPWA solutions are especially suited for oil and gas remote monitoring and asset tracking/locating applications that are not being addressed because of 1)Limited network range, 2) Poor structural penetration, 3) High costs and 4) Complexity.

A few of the oil and gas LPWA products and platforms that have emerged over the past two years include the following:

OleumTech's line of Sigfox sensor instruments including Class 1, Division 1 options
Zedi's LoRaWAN TM IIoT field gateways and devices in partnership with MultiTech
WellAware's RPMA edge devices and cloud platform
WESROC's remote monitoring solution for fuel/lube/propane distributors using Senet's LoRaWAN TM network

Key Topics Covered:

1. Executive Summary

2. Methodology/Scope

3. The Oil & Gas WSN Ecosystem

Market Forces & Drivers
Wireless Sensor Network Variations
Wireless Mesh Sensor Networks
Long Range Wireless Sensor Networks
Low Power Wide Area Networks

4. Target Markets & Applications

Well Site Automation
Machine Health/Equipment Monitoring
Downhole Sensors
Seismic Surveying
Pipeline Operations
Tank Farms & Storage
Corrosion & Structural Integrity Monitoring
Health, Safety & Environmental Monitoring
Wireless Gas Detectors

5. The Digital Oilfield Value System

Transmission & Communications
Remote Monitoring & SCADA Systems
Market Leaders & Innovators
Wide Area Wireless Transmissions
Data Measurement
MEMS Seismic Sensors
HP & Shell MEMS Seismic Survey System
Time Domain Switched Accelerometer
Other MEMS Innovations
Production Optimization
WSNs for Artificial Lift
Production Operations Management

6. Adoption Trends & Survey Results

Wireless Sensor Networks
Adoption Status
Fastest Growing Applications
WSN Protocols Used
Wireless Mesh & Standards Views
Satisfaction Levels
Most Important Purchasing Considerations
Planned WSN Applications
Needed Innovations
Strategic Investment Areas
Low Power WAN
LPWAN Awareness
Product Development
LPWAN Applications
LPWA Network's Impact
Future Projections

7. Technology Dynamics

Summary
Mesh Networking Standards
IP Addressable Sensors
Multi-Protocol Chips and Modules
LPWA Networks
WSN Standards & Industry Alliances
Short Range WSN Technologies
IEEE 802.15.4
IEEE 802.15.4e
IEEE 802.15.4e Time-slotted Channel Hopping (TSCH)
IEEE 802.15.4k (Low Energy Critical Infrastructure Networks)
IEEE 802.15.4g (Smart Utility Networks)
Wi-SUN Alliance
Zigbee
Dotdot
WiFi
Bluetooth Low Energy
Bluetooth 5
Bluetooth Mesh
Industrial WSN Standards
WirelessHART
HART-IP
ISA100
ISA100 Wireless
ISA100 Wireless Compliance Institute (WCI)
WirelessHART Convergence
WIA-PA
LPWA Networks
Cellular Based LPWA Technologies
LTE-M
NB-IoT
Non-Cellular LPWA Technologies
Sigfox
LoRa Alliance
Weightless SIG
ETSI's Low Throughput Networks (LTN)
Other LPWA Technologies
RPMA (Ingenu)
Qowisio
Link Labs
LPWAN Network Tests
Range
IP Smart Object Technologies
IETF Standards
OMA SpecWorks
Open Source WSN/IoT Initiatives

8. Global Total Market Size Forecasts

Methodology
Global Total Units by Market
Global Total Revenues by Market
Global Total Units
Global Revenues by Product Segment
Global Total Units by Solution
Global Total Equipment Revenues by Solution
Global Total Revenues by Geography
Global Total Units by Technology

9. Exploration & Production

Units by Solution
Equipment Revenues by Solution
Revenues by Equipment & Services
Global Revenues by Geography
Chipset Shipments by Technology

10. Pipelines & Storage

Units by Solution
Equipment Revenues by Solution
Revenues by Equipment & Services
Global Revenues by Geography
Chipset Shipments by Technology

11. Competitive Landscape

Chips, Modules & Development Kits
IoT Connectivity, Device Management & Network Infrastructure
Devices & Vertical Systems
Platforms

Companies Mentioned

1NCE
ABB
Adaptive Wireless Solutions
ADNOC Group
AEC
Aginova
AI Senz
Ambient Systems
AmbioSystems
American Fuel & Petrochemical Manufacturers
Analog Devices
Apache Corp.
Applied Measurement & Control
Apprion
Arkema
ARM
Ashland
Atmel
AwiaTech
Azbil Corporation
B&B Electronics
Baker Hughes
Banner Engineering
Bayer
Beaubout Company
Birdz
BP
BRAAS Company
Brazos Electric
BSC Engineering
BSI Engineering
Buckman
Byres Security
Cal Trol
CD Nova
Chemtech
ChevronPhillips
Cisco
CMC Associates
Colpipe
ConocoPhillips
Control Data Systems
Cooper Industries
Corporation
Cosasco (Halma)
Cubic
Cymbet
Cypress Envirosystems
Dash7 Alliance
Dave Allert Company
DDTop Group
DecaWave
Defendec
Digi
Digital Matter
Discovery Acquisition
Dubai Natural Gas Company
DuPont
Dwyer Instruments
E-Senza
E.B. Horsman & Son
Eaton
EcoPetrol
Electrochem
Electronic Controls Design
Elgin Industries
Eltav
Emerson
Endress+Hauser
Energy Transfer
EnOcean
Ericsson
ESP Safety Inc.
EVVOS
Expemb Group
Experitec
ExxonMobil
Factory IQ
FairfieldNodal
Ferro Solutions
FiberTEQ
Fleet Space Technologies
Fluor
Ford, Bacon & Davis
FreeWave
Frontline Management
GainSpan
GasSecure (Drager)
General Electric
Geospace
Halliburton
Hart Communication Foundation
Herman Storey Consulting
Hilliard Corporation
Hitachi
Holly Frontier
Honeywell
HP Inc.
Huawei
IBM
Industrial Automation Networks
Industrial Controls
Ingenu
Innoveering
INOVA Geophysical
Intergraph
International Society of Automation
Invensys
IOTA Devices
KBR
Kerlink
KONCAR
Kontron
Lawrence Berkeley National Labs
LBA Group
Lesman Instrument Company
Link Labs
Lubrizol
Lumedyne Technologies
MACTek Corporation
Marvell
Mcki Wireless
Mead O'Brien
Mesh Systems
Metso
Mettler Toledo
Microchip
Micron
Micropelt
MicroStrain
Mide
Moxa
MTS Systems Corp.
Multi-Tech Systems
Murata
Myotis Wireless
NACE International
National Instruments
New Cosmos Electric
New Page Corp.
NIST
NXP
Oak Ridge National Labs
Occidental Petroleum
OleumTech
Omega Engineering
Omnimetrix
Orange Research
Origin Energy
OYO Geospace
Palmer Wahl
Panasonic
Panduit
PanTech Controls
PCS Ferguson (Dover)
Pedigree Technologies
Pepperl+Fuchs
Permasense
Perpetua
Perpetuum
Petrobras
Petroleos de Venezuela
Phoenix Contact
ProSoft Technology
Proteus Vietnam
Puffer Sweiven
QoSCOM
R.S. Stover
Radiocrafts
RAE Systems
Rakon
RasGas
Raycap
Raytheon
Redline
Reichhold
Rexel
Riken Keiki
RisingHP
Rockwell
SABIC
Sagemcom
Saudi Aramco
Scanimetrics
Schneider Electric
Semtech
Senet
SENSeOR
SERCEL
Siemens
Sietech Solutions
SigFox
Silicon Labs
Simarck Controls
Smart Cloud
SoftDEL
Softing
Solar Reserve
South West Water
Spartan Controls
Star-Tech Instrument Systems
Statoil
Suncor Energy
Synapse Wireless
Syncrude
Sysdev
Texas Instruments
ThingWorx (PTC)
Thinxtra
Toshiba
Tyco
United Electric Controls
URS Corporation
US Amines
Valero
Weatherford
WellAware
Williams
Wireless Seismic
Yokogawa
Zedi
Zencus
ZTE

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