The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021

NEW YORK, Nov. 28, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021

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The oil & gas virtual reality training and simulation market is set for strong growth over the next ten years as a combination of increasing demand for oil & gas, the retirement of the baby boomer generation, improving technologies, and increasing safety concerns help virtual reality technologies become more widespread. Visiongain calculates the oil & gas virtual reality training and simulation market - defined as spending on hardware, software and maintenance of virtual reality technologies - to be worth $2.24bn in 2011.

This report offers an examination of the oil & gas virtual reality training and simulation market over the next decade, providing detailed market forecasts for each of the regional markets and offering in-depth analysis of the opportunities and challenges facing companies in the market throughout the world. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the industry, while the analysis is underpinned by original interviews with five of the leading companies operating within the oil & gas virtual reality training and simulation market.

How much are each of the regional oil & gas markets planning to spend on acquiring and maintaining virtual reality training and simulation technologies between 2011 and 2021? Who are the leading companies and what are the leading technologies within the virtual reality market for oil & gas? What factors will drive growth opportunities over the next decade? These critical questions and many more are definitively answered in this comprehensive report.

Comprehensive analysis of the oil & gas virtual reality training and simulation market

The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021report examines this sector critically with a comprehensive review of recent contracts, news reports, industry publications, market analysis and expert consultation. The report provides detailed forecasts for the global market; forecasts and analysis for the 7 regional markets; a strengths, weaknesses, opportunities and threats (SWOT) analysis; profiles of the leading companies involved in the industry; a discussion of the leading technologies within the market; and assessments of market drivers and restraints. This report also includes transcripts of interviews with five industry experts. This package of analyses cannot be obtained anywhere else.

The report draws on a rich combination of primary and secondary research, interviews, official corporate and governmental announcements, media reports, policy documents, industry statements and an extensive consultation of expert opinion.

Why you should buy The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021?

• You will receive a comprehensive analysis of the global oil & gas virtual reality training and simulation markets with detailed market forecasts and analysis for 2011-2021.

• The analysis and forecasting has been underpinned by extensive expert consultation. You will read original and exclusive interviews with five leading companies operating within the oil & gas virtual reality training and simulation market:

- Kevin McNulty of Coole Immersive

- André Colin of VRcontext

- Roald Hansen of GexCon

- Paul Unterweiser of Marine Simulation LLC

- Sam Jago of TSC Simulation

• You will be able to view regional market forecasts and analysis for the 7 regional oil & gas virtual reality training and simulation markets.

- North America

- Europe

- Middle East

- Asia-Pacific

- Africa

- South America

- Russia and Central Asia

• You will be able to study 57 tables and graphs quantifying, analysing and forecasting the market in detail from 2011-2021.

• You will discover an analysis of the key drivers and restraints influencing the oil & gas virtual reality training and simulation market over the next ten years.

• You will find an overview of the 13 key technologies within the oil & gas virtual reality training and simulation market.

• You will receive a SWOT analysis examining the strengths, weakness, opportunities and threats facing the oil & gas virtual reality training and simulation market over the next ten years.

• You will be able to view profiles of 39 of the leading companies operating within the oil & gas virtual reality training and simulation market.

You can order this report today

Anybody with an interest in the oil & gas virtual reality training and simulation market should gain valuable information and insight from this new study by visiongain, which analyses one of the most rapidly developing elements within the oil & gas industry. The market offers substantial business and investment opportunities and is becoming an increasingly important component of the energy sector in several key regional markets.

This visiongain energy report will be valuable both to those already involved in oil & gas virtual reality training and simulation market and those wishing to enter the market in the future. Gain an understanding of how to tap into the potential of this market by ordering The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021.

Visiongain is a trading partner with the US Federal Government 

CCR Ref number: KD4R6 

Table of Contents

1. Executive Summary

1.1 The Oil & Gas Virtual Reality Training and Simulation Market Overview

1.2 Drivers and Restraints in the Oil & Gas Virtual Reality Training and Simulation Market

1.2.1 Drivers in the Oil & Gas Virtual Reality Training and Simulation Market

1.2.2 Restraints in the Oil & Gas Virtual Reality Training and Simulation Market

1.3 Highlights of the Report

1.4 Benefits of the Report

1.5 Methodology

1.6 The Global Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

1.7 Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021

2. Introduction to the Oil & Gas Virtual Reality Training and Simulation Market

2.1 Definition of Virtual Reality

2.2 Origins of Virtual Reality

2.3 Uses for Virtual Reality within the Oil & Gas Industry

2.3.1 Virtual Reality Training

2.3.2 Virtual Reality in the Drilling Industry

2.3.3 Virtual Reality in the Design of Plants

2.3.4 Virtual Reality in Process Optimisation

2.3.5 Virtual Reality in Reservoir Engineering

2.3.5.1 Virtual Cubes

2.3.5.2 GeoWalls

2.3.6 Improving Safety through Virtual Reality

2.3.6.1 Virtual Reality in Fire Safety

2.3.7 Virtual Reality in Pilot Training

2.3.7.1 Virtual Reality in ROV Pilot Training

2.3.7.2 Virtual Reality in Tanker Pilot Training

3. The Global Oil & Gas Virtual Reality Training and Simulation Market

3.1 Recent Developments in the Oil & Gas Virtual Reality Training and Simulation Market

3.2 Global Oil & Gas Virtual Reality Training and Simulation Market Drivers and Restraints 2011-2021

3.3 Global Oil & Gas Virtual Reality Training and Simulation Market Drivers

3.3.1 Need to Replace the Retiring Baby Boom Generation with Younger Workers

3.3.2 Increasing Demand for Oil & Gas

3.3.3 Time and Cost Saving Potential

3.3.4 Increasing Safety Concerns

3.3.5 Technological Advances

3.4 Global Oil & Gas Virtual Reality Training and Simulation Market Restraints

3.4.1 Relatively High Costs

3.4.2 Technological Limitations

3.4.3 Institutional Opposition

3.4.4 Lack of Safety Regulations

3.4.5 Effects of a Weak Global Economy

4. Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021

4.1 The North American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.2 The European Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.3 The Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.4 The Asia-Pacific American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.5 The African Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.6 The South American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.7 The Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021

4.8 Regional Variations in Market Size and Growth

5. SWOT Analysis of the Oil & Gas Virtual Reality Training and Simulation Market 2011-2021

5.1 Strengths

5.1.1 Need to Replace Retiring Workers

5.1.2 Virtual Reality Suitable for Young People

5.1.3 Reduced Start-up Times

5.1.4 Cost Effective

5.1.5 Varied Training Scenarios

5.1.6 Remote Learning Capabilities

5.2 Weaknesses

5.2.1 Technological Limitations

5.2.2 Relatively High Costs

5.3 Opportunities

5.3.1 Technological Advances

5.3.2 Increasing Safety Concerns

5.3.3 Increasing Demand for Oil & Gas

5.3.4 Ability to Learn from an Accident

5.3.5 Long Term Potential

5.4 Threats

5.4.1 Effects of a Weak Global Economy

5.4.2 Institutional Opposition

6. Leading Technologies in the Oil & Gas Virtual Reality Training and Simulation Market

6.1 Walkinside

6.2 EyeSim

6.3 Real Asset Virtualisation Environment

6.4 VRSafety

6.5 SAVE Simulator

6.6 MindSafe

6.7 EON ICube

6.8 Holospace

6.9 GeoVisionary

6.10 EON Geo

6.11 The DeepTouch Pilot Training Simulator 

6.12 ROVsim2 O&G 

6.13 VROV

7. Expert Opinion

7.1 Coole Immersive

7.1.1 Coole Immersive's Products and Services within the Virtual Reality Market for Oil & Gas

7.1.2 Coole Immersive's Current Clients

7.1.3 The Impact of the Retirement of the Baby Boom Generation

7.1.4 Uses for Virtual Reality within the Oil & Gas Industry

7.1.5 The Development of Virtual Reality Technologies

7.1.6 Growth Opportunities outside North America and Europe

7.1.7 Estimations of the Virtual Reality Market for Oil & Gas

7.2 VRcontext

7.2.1 The Advantages of Walkinside Version 6.0

7.2.2 VRcontext's Current Clients

7.2.3 Geographical Demand for Virtual Reality within the Oil & Gas Industry

7.2.4 Uses for Virtual Reality within the Oil & Gas Industry

7.2.5 The Development of Virtual Reality Technologies

7.3 GexCon

7.3.1 GexCon's Products and Services within the Virtual Reality Market for Oil & Gas

7.3.2 Uses for Virtual Reality within the Oil & Gas Industry

7.3.3 High Costs of Virtual Reality Technologies

7.3.4 Safety Concerns in the Wake of the Deepwater Horizon Oil Spill

7.3.5 The Development of Virtual Reality Technologies

7.3.6 Future Plans for VRSafety

7.4 Marine Simulation LLC

7.4.1 Marine Simulation's Products and Services within the Virtual Reality Market for Oil & Gas

7.4.2 Marine Simulation's Clients

7.4.3 Uses for Virtual Reality within the Oil & Gas Industry

7.4.4 Demand for Virtual Reality within the Oil & Gas Industry

7.4.5 The Development of Virtual Reality Technologies

7.5 TSC Simulation

7.5.1 TSC Simulation's Products and Services within the Virtual Reality Market for Oil and Gas

7.5.2 TSC Simulation's Clients

7.5.3 Safety Concerns in the Wake of the Deepwater Horizon Oil Spill

7.5.4 Uses for Virtual Reality within the Oil & Gas Industry

7.5.5 The Development of Virtual Reality Technologies

8. Leading Companies in the Oil & Gas Virtual Reality Training and Simulation Market

8.1 AspenTech

8.2 Baker Hughes

8.3 Barco

8.4 Check-6 Inc.

8.5 Chevron

8.6 Coole Immersive

8.7 CPS Canadian Petroleum Services

8.8 Cresent

8.9 Drilling Systems

8.10 Dynamic Vision

8.11 EON Reality

8.12 ESD Simulation Training

8.13 ESSCA

8.14 ExxonMobil

8.15 ForgeFX

8.16 Fugro General Robotics Limited (FGRL)

8.17 GexCon

8.18 GSE Systems

8.19 Haliburton

8.20 Honeywell

8.21 Invensys

8.22 Intertek Moody C&T

8.23 INTEX

8.24 KCA DEUTAG

8.25 Kongsberg Gruppen

8.26 Marine Simulation LLC

8.27 Nebb

8.28 Oceaneering

8.29 Phenomatics

8.30 Royal Dutch Shell

8.31 Saudi Aramco

8.32 Schilling Robotics

8.33 Schlumberger

8.34 SimiGon

8.35 TSC Simulation

8.36 VectorCommand Limited

8.37 Virtalis

8.38 Virthualis

8.39 VRcontext

9. Conclusion

9.1 Outlook for the Global Oil & Gas Virtual Reality Training and Simulation Market 2011-2021

9.2 High Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market

9.3 Moderate to High Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market

9.4 Moderate Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market

9.5 Moderate to Low Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market

9.6 Global Oil & Gas Virtual Reality Training and Simulation Market Summary

10. Glossary

List of Tables

Table 3.1 Global Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 3.2 Global Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 3.3 Global Oil & Gas Virtual Reality Training and Simulation Market Drivers and Restraints 2011-2021

Table 4.1 Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021 ($m, AGR %)

Table 4.2 Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.3 North American Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.4 North American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.5 North American Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.6 European Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.7 European Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.8 European Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.9 Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.10 Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.11 Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.12 Asia-Pacific Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.13 Asia-Pacific Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.14 Asia-Pacific Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.15 African Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.16 African Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.17 African Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.18 South American Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.19 South American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.20 South American Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.21 Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast Summary 2011, 2016 and 2021 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.22 Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m, AGR %)

Table 4.23 Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast CAGR (%) 2011-2021, 2011-2016, 2016-2021

Table 4.24 Regional Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 ($m, %)

Table 5.1 SWOT Analysis of the Oil & Gas Virtual Reality Training and Simulation Market 2011-2021

Table 9.1 Regional Oil & Gas Virtual Reality Training and Simulation Markets Sizes 2011 and 2021 ($m), and 2011-2021 CAGRs (%)

List of Figures

Figure 3.1 Global Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 3.2 Global Oil & Gas Virtual Reality Training and Simulation Market Annual Growth Rate (AGR %) Forecast 2011-2021

Figure 4.1 Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021 ($m)

Figure 4.2 North American Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.3 North American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.4 European Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.5 European Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.6 Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.7 Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.8 Regional Proven Recoverable Natural Gas Reserves (% of World Total)

Figure 4.9 Regional Proven Recoverable Crude Oil and Natural Gas Liquids Reserves (% of World Total)

Figure 4.10 Asia-Pacific Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.11 Asia-Pacific Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.12 African Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.13 African Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.14 South American Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.15 South American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.16 Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011, 2016 and 2021 (% Share) 

Figure 4.17 Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021 ($m)

Figure 4.18 Regional Oil & Gas Virtual Reality Training and Simulation Markets CAGRs (%) 2011-2021

Figure 4.19 Regional Oil & Gas Virtual Reality Training and Simulation Markets CAGRs (%) 2011-2016 and 2016-2021

Figure 4.20 Regional Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2011 (%)

Figure 4.21 Regional Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2016 (%)

Figure 4.22 Regional Oil & Gas Virtual Reality Training and Simulation Market Share Forecast 2021 (%)

Figure 4.23 Regional Oil & Gas Virtual Reality Training and Simulation Markets Share Change (%) 2011-2021

Figure 5.1 World Natural Gas Consumption Forecast 2008-2035 (Trillion Cubic Feet)

Figure 5.2 World Liquid Fuel Consumption Forecast 2008-2035 (Million Barrels Per Day)

Figure 9.1 Global Oil & Gas Virtual Reality Training and Simulation Market Size Forecast 2011-2021 ($m)

Companies Listed

Abu Dhabi Company for Onshore Oil Operations (ADCO)

Abu Dhabi National Oil Company (ADNOC)

AMEC

AspenTech

Baker Hughes

Barco

BHP Billiton

BP

Canadian Natural Resources (CNR)

Check-6 Inc.

Chevron

China Oilfield Services Limited (COSL)

CLARTE

CMR (Christian Michelsen Research)

Cobalt International Energy

COMONExT

Comput-IT

Concord Well Servicing

ConocoPhillips

Coole Immersive

CPS Canadian Petroleum Services

Cresent

Dominion Energy

Dong Energy

Drilling Systems

Duke Energy

Dynamic Vision

Egyptian General Petroleum Corporation (EGPC)

El Merk

Emerson Process Management

EnCana

Eni

Eni Refining & Marketing

EON Reality

ESD Simulation Training

ESSCA

ExxonMobil

ExxonMobil Research Qatar (EMRQ)

ForgeFX

Frontier Drilling

Fugro

Fugro General Robotics Limited (FGRL)

Fugro-Rovtech

GexCon

GRI Simulations Inc.

GSE Systems

GSP Drilling

Haliburton

Hess Corporation

Honeywell

Husky Energy

Invensys

Invensys Operations Management

Intertek Moody C&T

Instep-Petronas

INTEX

Jacobs Engineering

JGC Corporation

KCA DEUTAG

KEPRI Nuclear Power

Kongsberg Gruppen (Kongsberg)

Kongsberg Oil & Gas Technologies

Korea Electric Power Corporation (KEPCO) 

Korea Hydro & Nuclear Power (KHNP)

Marathon Oil

Marine Simulation LLC

McDermott Engineering

Midland Valley

Nabors Drilling

Naftogaz

National Oilwell Varco

Nebb

Noble Corporation

Norsk Hydro

Oceaneering

OMV

Parker Drilling

Pemex

Petrobras

PetroChina

Petronas

Phenomatics

Precision Drilling Corporation

Pride International

Qatar Petroleum (QP)

Randy Smith Training Solutions

RasGas

Royal Dutch Shell

RSI

RSI China-HKD

RWE npower

Saudi Aramco

Schilling Robotics

Schlumberger

Schlumberger Information Solutions (SIS)

Sellafield Limited

SimiGon

Sinopec

Sonatrach

Statoil

The Enterprise Development Network

Thule Drilling

TNK-BP

Total

Total E&P Angola

Transocean

TSC Simulation

VectorCommand Limited

Veolia Environmental Services Limited

Virtalis

Virthualis

VRcontext

Waha Oil

Weatherford International

Woodside

Government Agencies and Other Organisations Mentioned in this Report

American Petroleum Institute (API)

British Geological Survey (BGS)

Buskerud University College (HiBu)

China University of Mining and Technology

Clarkson University

Energy Information Administration (EIA) 

European Commission

Forth Valley College

Kazakh-British Technical University (KBTU)

Massachusetts Institute of Technology (MIT)

National Service for Industrial Apprenticeship of Rio de Janeiro

Oil Sands Safety Association (OSSA)

Pembrokeshire College.

Robert Gordon University

Stavanger Offshore Technical College

Swedish Civil Contingencies Agency

UK Environment Agency

University of Adelaide

University of Chicago

University of São Paulo (USP)

University of the Western Cape

US Department of Energy (DOE)

US Department of Energy's National Energy Technology Laboratory (NETL)

World Energy Council (WEC)

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