Harrisburg, NC -- (SBWIRE) -- 08/03/2018 -- Oil And Gas Global Market Report 2018
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.
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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This report provides a detailed analysis of the Oil And Gas market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Essential points covered in Global Oil And Gas Market 2018 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Oil And Gas market?
- What are the key market trends impacting the growth of the global Oil And Gas market?
- What are the challenges to market growth?
- Who are the key vendors in the global Oil And Gas market?
- What are the market opportunities and threats faced by the vendors in the global Oil And Gas market?
- What are the key outcomes of the five forces analysis of the global Oil And Gas market?
This independent 600 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Oil And Gas market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2021.
Furthermore, the report provides a detailed analysis of the global Oil And Gas market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Oil And Gas market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Scope of the Report:
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 segmentation: country and regional historic and forecast data, market share of competitors, market segments.
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The research includes historic data from 2013 to 2017 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Oil And Gas on the basis of stating current situation of the industry in 2018 so as to make comprehensive organization and judgment on the competition situation and development trend of Oil And Gas Market and assist manufacturers and investment organization to better grasp the development course of Oil And Gas Market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Reasons for Buying this Report:
- Outperform competitors using accurate up to date demand-side dynamics information.
- Identify growth segments for investment.
- Facilitate decision making on the basis of historic and forecast data and the drivers and restraints on the market.
- Create regional and country strategies on the basis of local data and analysis.
- Stay abreast of the latest customer and market research findings
- Benchmark performance against key competitors.
- Develop strategies based on likely future developments.
- Utilize the relationships between key data sets for superior strategizing.
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