Virtual Reality in Oil & Gas Market 2019-2023 | Thematic Research

A New business Strategy report released by HTF MI with title Virtual Reality in Oil & Gas - Thematic Research . This Virtual Reality in Oil & Gas - Thematic market report brings data for the estimated year 2019 and forecasted till 2023 in terms of both, value (US$ MN) and volume (MT). The report also consists of forecast factors, macroeconomic factors, and a market outlook of the Virtual Reality in Oil & Gas - Thematic market. The study is conducted using top-down and bottom-up approaches and further analyzed using analytical tools such as porter’s five force analysis and uncover Opportunities, Challenges, restraints, and trends of the Virtual Reality in Oil & Gas - Thematic market. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

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Summary
Virtual reality (VR) provides an interactive experience for oil and gas processes within a simulated environment. A geologist equipped with a VR headset or a video wall can visualize the earth’s subsurface and interpret seismic data using this technology. Similarly, an operator can get a virtual tour of a refinery and understand its layout through VR-powered training modules. This technology presents a superior alternative to images, charts, and schematics in the design and planning of different activities in the oil and gas sector. When a team of geologists, geophysicists, drilling engineers, and technicians are tasked with analyzing vast acres of seismic data for selecting a drilling location, a 3D model of the subsurface can be rendered using VR for observing the terrain, undulations, and fractures in the geologic formation. It creates a virtual walkthrough of the subsurface that can guide decision-makers in evaluating the pros and cons of proceeding with drilling operations.

Scope

- Overview of the emergence of virtual reality as a theme in the oil and gas industry and its impact on operations.
- Detailed analysis of the emerging use cases for virtual reality across the oil and gas value chain.
- A brief overview of the major application areas for virtual reality in the oil and gas industry.
- Analysis of the virtual reality industry along with its trends across different industry verticals.

Reasons to buy

- Understand the importance of adopting virtual reality in oil and gas operations.
- Identify the key applications and trends for the virtual reality theme.
- A review of some of the case studies highlighting the growing capabilities of virtual reality in addressing business challenges across the oil and gas value chain.
- Identify and benchmark key oil and gas companies and technology providers based on their exposure to virtual reality theme.

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Table of Contents
IMPACT OF VIRTUAL REALITY ON THE OIL AND GAS INDUSTRY 3
Virtual reality can facilitate hands-on training within a controlled environment… 3
...offering solutions to improve pro
....Continued

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