NEW YORK, Feb. 22, 2018 /PRNewswire/ -- Executive Summary
Capturing The Value Of Technology - The oil and gas industry has improved its technology or leveraged that of its service suppliers to match with the world's increasing hydrocarbon demand. Many oil and gas companies have made use of digitization, IoT and robotics to increase production with limited investment .These technologies enabled oil and gas companies to substantially decrease production costs and increase production volumes. For instance, Shell saved about $1 million from its Nigerian operations by placing monitoring devices on its wellhead equipment to monitor operating conditions in the well , thus indicating the role of IT technologies to reduce production costs and increase production volumes.
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The oil and gas industry includes exploration, extraction, drilling, refining, transportation of oil and gas. Oil and gas market in this report is segmented into oil and gas upstream activities and oil and gas downstream activities.
Asia Pacific was the largest region in the oil and gas market in 2017, accounting for around 34% of the market. This can be attributed to large consumer base and major economic development in countries such as India and China.
North America was the second largest region accounting for around 22% of the market. Africa was the smallest region accounting for around 4% of the market. This was mainly due to the region's relatively underdeveloped economy leading to a lack to infrastructure and research and development.
The Oil And Gas Global Market Report provides strategists, marketers and senior management with the critical information they need to assess the global oil and gas market.
Reasons to Purchase
• Outperform competitors using accurate up to date demand-side dynamics information.
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• Utilize the relationships between key data sets for superior strategizing.
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Description:
Where is the largest and fastest growing market for the oil and gas? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oil and gas market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider oil and gas market, and compares it with other markets.
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
• The oil and gas market section of the report gives context. It compares the oil and gas market with other segments of the oil and gas market by size and growth, historic and forecast. It analyses Expenditure Per Capita, The Oil And Gas Market Indicators Comparison.
• The industry metrics section looks at critical drivers while the macro-economic section looks at the market in relation to the overall economy.
Scope
Markets Covered: Oil & Gas Upstream Activities; Oil Downstream Activitie
Companies Mentioned: Saudi Aramco, Exxon Mobil Corporation, Royal Dutch Shell, BP Plc, Sinopec Limited
Countries: Brazil, China, France, Germany, India, Italy, Japan, Spain, Russia, UK, USA and Australia.
Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP, Expenditure Per Capita, The Oil And Gas Market Indicators Comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Read the full report: https://www.reportlinker.com/p05312930
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