Published: 31 Mar 2023 | Report Code: 10248988 | Pages: 104
Europe artificial intelligence (AI) in oil & gas market was valued at $ 542.5 million in 2022 and will grow by 11.8% annually over 2022-2032, 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 32 tables and 43 figures, this 104-page report “Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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: • Germany • UK • France • Spain • Italy • Russia • Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) 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.)
Table of Contents:
1 Introduction 7 1.1 Industry Definition and Research Scope 7 1.1.1 Industry Definition 7 1.1.2 Research Scope 8 1.2 Research Methodology 11 1.2.1 Overview of Market Research Methodology 11 1.2.2 Market Assumption 12 1.2.3 Secondary Data 12 1.2.4 Primary Data 12 1.2.5 Data Filtration and Model Design 13 1.2.6 Market Size/Share Estimation 14 1.2.7 Research Limitations 15 1.3 Executive Summary 16 2 Market Overview and Dynamics 18 2.1 Market Size and Forecast 18 2.1.1 Impact of COVID-19 on World Economy 19 2.1.2 Impact of COVID-19 on the Market 22 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 24 2.2 Major Growth Drivers 28 2.3 Market Restraints and Challenges 34 2.4 Emerging Opportunities and Market Trends 37 2.5 Porter’s Fiver Forces Analysis 41 3 Segmentation of Europe Market by Component 45 3.1 Market Overview by Component 45 3.2 Hardware 47 3.3 Software & Solutions 48 3.4 Services 49 3.4.1 Professional Services 50 3.4.2 Managed Services 51 4 Segmentation of Europe Market by Operation 52 4.1 Market Overview by Operation 52 4.2 Upstream 54 4.3 Midstream 55 4.4 Downstream 56 5 Segmentation of Europe Market by Application 57 5.1 Market Overview by Application 57 5.2 Predictive Maintenance and Machinery Inspection 59 5.3 Production Planning 60 5.4 Material Movement 61 5.5 Field Services 62 5.6 Quality Control 63 5.7 Other Applications 64 6 European Market 2022-2032 by Country 65 6.1 Overview of European Market 65 6.2 Germany 68 6.3 U.K. 70 6.4 France 72 6.5 Spain 74 6.6 Italy 76 6.7 Russia 78 6.8 Rest of European Market 80 7 Competitive Landscape 82 7.1 Overview of Key Vendors 82 7.2 New Product Launch, Partnership, Investment, and M&A 85 7.3 Company Profiles 86 Accenture PLC 86 C3.AI Inc. 88 China Petrochemical Corporation 89 Cisco Systems Inc. 90 Cloudera Inc. 91 FuGenX Technologies Pvt. Ltd. (USM Business Systems, Inc.) 92 Gazprom Neft PJSC 93 Google LLC 94 Huawei Technologies Co., Ltd. 95 IBM Corporation 96 Infosys Limited 97 Intel Corporation 98 Microsoft Corporation 99 Neudax 100 NVIDIA Corp. 101 Oracle Corporation 102 Royal Dutch Shell PLC 103 RELATED REPORTS 104 ?
List of Tables: Table 1. Snapshot of Europe AI in Oil & Gas Market in Balanced Perspective, 2022-2032 17 Table 2. World Economic Outlook, 2021-2031 20 Table 3. World Economic Outlook, 2021-2023 21 Table 4. Scenarios for Economic Impact of Ukraine Crisis 25 Table 5. Main Product Trends and Market Opportunities in Europe AI in Oil & Gas Market 37 Table 6. Europe AI in Oil & Gas Market by Component, 2022-2032, $ mn 45 Table 7. Europe AI in Oil & Gas Market: Services by Type, 2022-2032, $ mn 49 Table 8. Europe AI in Oil & Gas Market by Operation, 2022-2032, $ mn 52 Table 9. Europe AI in Oil & Gas Market by Application, 2022-2032, $ mn 57 Table 10. Europe AI in Oil & Gas Market by Country, 2022-2032, $ mn 67 Table 11. Germany AI in Oil & Gas Market by Component, 2022-2032, $ mn 69 Table 12. Germany AI in Oil & Gas Market by Operation, 2022-2032, $ mn 69 Table 13. Germany AI in Oil & Gas Market by Application, 2022-2032, $ mn 69 Table 14. U.K. AI in Oil & Gas Market by Component, 2022-2032, $ mn 71 Table 15. U.K. AI in Oil & Gas Market by Operation, 2022-2032, $ mn 71 Table 16. U.K. AI in Oil & Gas Market by Application, 2022-2032, $ mn 71 Table 17. France AI in Oil & Gas Market by Component, 2022-2032, $ mn 73 Table 18. France AI in Oil & Gas Market by Operation, 2022-2032, $ mn 73 Table 19. France AI in Oil & Gas Market by Application, 2022-2032, $ mn 73 Table 20. Spain AI in Oil & Gas Market by Component, 2022-2032, $ mn 75 Table 21. Spain AI in Oil & Gas Market by Operation, 2022-2032, $ mn 75 Table 22. Spain AI in Oil & Gas Market by Application, 2022-2032, $ mn 75 Table 23. Italy AI in Oil & Gas Market by Component, 2022-2032, $ mn 77 Table 24. Italy AI in Oil & Gas Market by Operation, 2022-2032, $ mn 77 Table 25. Italy AI in Oil & Gas Market by Application, 2022-2032, $ mn 77 Table 26. Russia AI in Oil & Gas Market by Component, 2022-2032, $ mn 79 Table 27. Russia AI in Oil & Gas Market by Operation, 2022-2032, $ mn 79 Table 28. Russia AI in Oil & Gas Market by Application, 2022-2032, $ mn 79 Table 29. AI in Oil & Gas Market in Rest of Europe by Country, 2022-2032, $ mn 81 Table 30. Accenture PLC: Company Snapshot 86 Table 31. Accenture PLC: Business Segmentation 87 Table 32. Accenture PLC: Product Portfolio 87
List of Figures: Figure 1. Research Method Flow Chart 11 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14 Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16 Figure 4. Europe AI in Oil & Gas Market, 2022-2032, $ mn 18 Figure 5. Impact of COVID-19 on Business 22 Figure 6. Primary Drivers and Impact Factors of Europe AI in Oil & Gas Market 28 Figure 7. World Population, GDP and Energy Demand, 1990-2030 31 Figure 8. World Industry 4.0 Market, 2019-2030, $ bn 31 Figure 9. World Oil & Gas Offshore and Deepwater Production, 1970-2020 32 Figure 10. World Crude Oil Production, 2000-2021, million tons 33 Figure 11. Primary Restraints and Impact Factors of Europe AI in Oil & Gas Market 34 Figure 12. Investment Opportunity Analysis 38 Figure 13. Porter’s Fiver Forces Analysis of Europe AI in Oil & Gas Market 41 Figure 14. Breakdown of Europe AI in Oil & Gas Market by Component, 2022-2032, % of Revenue 46 Figure 15. Europe Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 46 Figure 16. Europe AI in Oil & Gas Market by Component: Hardware, 2022-2032, $ mn 47 Figure 17. Europe AI in Oil & Gas Market by Component: Software & Solutions, 2022-2032, $ mn 48 Figure 18. Europe AI in Oil & Gas Market by Component: Services, 2022-2032, $ mn 49 Figure 19. Europe AI in Oil & Gas Market by Services: Professional Services, 2022-2032, $ mn 50 Figure 20. Europe AI in Oil & Gas Market by Services: Managed Services, 2022-2032, $ mn 51 Figure 21. Breakdown of Europe AI in Oil & Gas Market by Operation, 2022-2032, % of Sales Revenue 53 Figure 22. Europe Addressable Market Cap in 2023-2032 by Operation, Value ($ mn) and Share (%) 53 Figure 23. Europe AI in Oil & Gas Market by Operation: Upstream, 2022-2032, $ mn 54 Figure 24. Europe AI in Oil & Gas Market by Operation: Midstream, 2022-2032, $ mn 55 Figure 25. Europe AI in Oil & Gas Market by Operation: Downstream, 2022-2032, $ mn 56 Figure 26. Breakdown of Europe AI in Oil & Gas Market by Application, 2022-2032, % of Sales Revenue 58 Figure 27. Europe Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 58 Figure 28. Europe AI in Oil & Gas Market by Application: Predictive Maintenance and Machinery Inspection, 2022-2032, $ mn 59 Figure 29. Europe AI in Oil & Gas Market by Application: Production Planning, 2022-2032, $ mn 60 Figure 30. Europe AI in Oil & Gas Market by Application: Material Movement, 2022-2032, $ mn 61 Figure 31. Europe AI in Oil & Gas Market by Application: Field Services, 2022-2032, $ mn 62 Figure 32. Europe AI in Oil & Gas Market by Application: Quality Control, 2022-2032, $ mn 63 Figure 33. Europe AI in Oil & Gas Market by Application: Other Applications, 2022-2032, $ mn 64 Figure 34. Breakdown of European AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue 66 Figure 35. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 67 Figure 36. AI in Oil & Gas Market in Germany, 2022-2032, $ mn 68 Figure 37. AI in Oil & Gas Market in U.K., 2022-2032, $ mn 70 Figure 38. AI in Oil & Gas Market in France, 2022-2032, $ mn 72 Figure 39. AI in Oil & Gas Market in Spain, 2022-2032, $ mn 74 Figure 40. AI in Oil & Gas Market in Italy, 2022-2032, $ mn 76 Figure 41. AI in Oil & Gas Market in Russia, 2022-2032, $ mn 78 Figure 42. AI in Oil & Gas Market in Rest of Europe, 2022-2032, $ mn 80 Figure 43. Growth Stage of Europe AI in Oil & Gas Industry over the Forecast Period 82
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.)