Albany, NY -- (SBWIRE) -- 01/17/2017 -- About Smart Well

The global smart well market is expected to witness significant growth during the forecast period. The growth of the market is mainly attributed to the increasing demand for oil and gas across the globe. The development of this market is dependent on the efficiency of the smart well, advancement in equipment technology and the increase in investments by market vendors. The growth of smart well market is directly linked to the growth in drilling and completion activities across the globe.

Technavios analysts forecast the global smart well market to grow at a CAGR of 4.48% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global smart well market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of haircare products to individual consumers and salons.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Smart Well Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford International

Other prominent vendors
Statoil
Salym Petroleum
Woodside Energy
Emerson process management
INTECH process automation
Nabors Completion & Production Services
RPC Inc.
Superior Energy Services
Trican Well Services
Welltec International AS

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Market driver
Migration of drilling into unconventional areas.
For a full, detailed list, view our report

Market challenge
Decreasing investment in oil and gas industry.
For a full, detailed list, view our report

Market trend
Increase in Deepwater and ultra-Deepwater exploration.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?

Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Technological overview
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Global smart well by application 2016-2021
Global smart well market by onshore
Global smart well market by offshore
PART 07: Geographical segmentation
Global smart well market by geography 2016-2021
Global smart well market in the Americas
Global smart well market in EMEA
Global smart well market in APAC
PART 08: Market drivers
Migration of drilling into unconventional areas
Increased use of horizontal and multilateral wells
Focus on reduction of non-productive time (NPT)
Constant demand for oil and gas
PART 09: Impact of drivers
PART 10: Market challenges
Decreasing investment in oil and gas industry
Uncertainties associated with low crude oil prices
Cyber security concerns
PART 11: Impact of drivers and challenges
PART 12: Market trends
IT integration and digitization of oil fields
Increase in Deepwater and ultra-Deepwater exploration
Fluctuation in oil rigs
PART 13: Vendor landscape
Competitive Scenario

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