North America Artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Country: Trend Forecast and Growth Opportunity

  • Report Code : 900732
  • Industry : Telecom and IT
  • Published On : Mar 2023
  • Pages : 96
  • Publisher : Grace Market Data
  • Format: WMR PPT FormatWMR PDF Format

North America artificial intelligence (AI) in oil & gas market is projected to grow by 11.4% annually in the forecast period and reach $2,404.9 million by 2032, driven by the need to reduce production and maintenance cost, the rising demand for safety and security standards, the increasing adoption of advanced technologies in oil & gas industry, and the high investments and fast innovation in AI implementation.
Highlighted with 22 tables and 39 figures, this 96-page report "North America artificial Intelligence (AI) in Oil & Gas Market 2022-2032 by Component (Hardware, Software & Solutions, Services), Operation (Upstream, Midstream, Downstream), Application (Predictive Maintenance, Production Planning, Material Movement, Field Services, Quality Control), and Country: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire North America artificial intelligence (AI) in oil & gas market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America artificial intelligence (AI) in oil & gas market in every aspect of the classification from perspectives of Component, Operation, Application, and Country.

Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software & Solutions
• Services
o Professional Services
o Managed Services

Based on Operation, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Upstream
• Midstream
• Downstream

By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Predictive Maintenance and Machinery Inspection
• Production Planning
• Material Movement
• Field Services
• Quality Control
• Other Applications

Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Component, Operation and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Accenture PLC
C3.AI Inc.
China Petrochemical Corporation
Cisco Systems Inc.
Cloudera Inc.
FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.)
Gazprom Neft PJSC
Google LLC
Huawei Technologies Co., Ltd.
IBM Corporation
Infosys Limited
Intel Corporation
Microsoft Corporation
Neudax
NVIDIA Corp.
Oracle Corporation
Royal Dutch Shell PLC
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 21
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 23
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter's Fiver Forces Analysis 40
3 Segmentation of North America Market by Component 44
3.1 Market Overview by Component 44
3.2 Hardware 46
3.3 Software & Solutions 47
3.4 Services 48
3.4.1 Professional Services 49
3.4.2 Managed Services 50
4 Segmentation of North America Market by Operation 51
4.1 Market Overview by Operation 51
4.2 Upstream 53
4.3 Midstream 54
4.4 Downstream 55
5 Segmentation of North America Market by Application 56
5.1 Market Overview by Application 56
5.2 Predictive Maintenance and Machinery Inspection 58
5.3 Production Planning 59
5.4 Material Movement 60
5.5 Field Services 61
5.6 Quality Control 62
5.7 Other Applications 63
6 North America Market 2022-2032 by Country 64
6.1 Overview of North America Market 64
6.2 U.S. 67
6.3 Canada 70
6.4 Mexico 72
7 Competitive Landscape 74
7.1 Overview of Key Vendors 74
7.2 New Product Launch, Partnership, Investment, and M&A 77
7.3 Company Profiles 78
Accenture PLC 78
C3.AI Inc. 80
China Petrochemical Corporation 81
Cisco Systems Inc. 82
Cloudera Inc. 83
FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.) 84
Gazprom Neft PJSC 85
Google LLC 86
Huawei Technologies Co., Ltd. 87
IBM Corporation 88
Infosys Limited 89
Intel Corporation 90
Microsoft Corporation 91
Neudax 92
NVIDIA Corp. 93
Oracle Corporation 94
Royal Dutch Shell PLC 95
RELATED REPORTS 96

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