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Wearable Tech in Oil & Gas Market - Opportunity Ahead of Earnings
Wearable Tech in Oil & Gas
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Summary
Wearable tech is still in its infancy in the industrial space, and much of the developments today are largely catering to the demand of the consumer markets. However, oil and gas companies have started evaluating the possibilities of deploying wearable devices in day-to-day operations. Initial research is focused on enabling real-time monitoring of field technicians to ensure safety and in providing them with audiovisual assistance in performing asset maintenance. The eventual goal is to adopt lightweight, yet rugged wearable devices to improve safety and efficiency in oilfield operations.
The major area of interest is the ability of wearable tech to free up the wearer's hands, enabling him to perform tasks without any hindrance. Moreover, wearable devices can augment natural human capabilities, such as enhanced vision or smell (gas detection), thereby adding productivity and safety in oil field operations. These aspects of wearable tech are encouraging oil and gas companies to adopt helmets, smart glasses, wristbands, and other devices that incorporate technologies like wireless connectivity, artificial intelligence (AI) and augmented reality (AR).
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Scope
- Overview of the emergence of wearable tech as a theme in the oil and gas industry and its impact on operations.
- Detailed analysis of the emerging use cases for wearable tech across the oil and gas value chain.
- A brief overview of the major application areas for wearable tech in the oil and gas industry.
- Analysis of the wearable tech industry along with its use cases across different industry verticals.
Reasons to buy
- Understand the importance of adopting wearable technology in oil and gas operations.
- A review of some of the case studies highlighting the growing capabilities of wearable 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 wearable theme.
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Table of Contents
PLAYERS 4
TECHNOLOGY BRIEFING 5
TRENDS 7
Technology trends 7
Macroeconomic trends 11
Regulatory trends 13
INDUSTRY ANALYSIS 14
Market size and growth forecasts 14
Competitive analysis 16
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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