Published: 31 Mar 2023 | Report Code: 10248987 | Pages: 96
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.)
Table of Contents:
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
List of Tables: Table 1. Snapshot of North America AI in Oil & Gas Market in Balanced Perspective, 2022-2032 16 Table 2. World Economic Outlook, 2021-2031 19 Table 3. World Economic Outlook, 2021-2023 20 Table 4. Scenarios for Economic Impact of Ukraine Crisis 24 Table 5. Main Product Trends and Market Opportunities in North America AI in Oil & Gas Market 36 Table 6. North America AI in Oil & Gas Market by Component, 2022-2032, $ mn 44 Table 7. North America AI in Oil & Gas Market: Services by Type, 2022-2032, $ mn 48 Table 8. North America AI in Oil & Gas Market by Operation, 2022-2032, $ mn 51 Table 9. North America AI in Oil & Gas Market by Application, 2022-2032, $ mn 56 Table 10. North America AI in Oil & Gas Market by Country, 2022-2032, $ mn 65 Table 11. U.S. AI in Oil & Gas Market by Component, 2022-2032, $ mn 69 Table 12. U.S. AI in Oil & Gas Market by Operation, 2022-2032, $ mn 69 Table 13. U.S. AI in Oil & Gas Market by Application, 2022-2032, $ mn 69 Table 14. Canada AI in Oil & Gas Market by Component, 2022-2032, $ mn 71 Table 15. Canada AI in Oil & Gas Market by Operation, 2022-2032, $ mn 71 Table 16. Canada AI in Oil & Gas Market by Application, 2022-2032, $ mn 71 Table 17. Mexico AI in Oil & Gas Market by Component, 2022-2032, $ mn 73 Table 18. Mexico AI in Oil & Gas Market by Operation, 2022-2032, $ mn 73 Table 19. Mexico AI in Oil & Gas Market by Application, 2022-2032, $ mn 73 Table 20. Accenture PLC: Company Snapshot 78 Table 21. Accenture PLC: Business Segmentation 79 Table 22. Accenture PLC: Product Portfolio 79
List of Figures: Figure 1. Research Method Flow Chart 10 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13 Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 15 Figure 4. North America AI in Oil & Gas Market, 2022-2032, $ mn 17 Figure 5. Impact of COVID-19 on Business 21 Figure 6. Primary Drivers and Impact Factors of North America AI in Oil & Gas Market 27 Figure 7. World Population, GDP and Energy Demand, 1990-2030 30 Figure 8. World Industry 4.0 Market, 2019-2030, $ bn 30 Figure 9. World Oil & Gas Offshore and Deepwater Production, 1970-2020 31 Figure 10. World Crude Oil Production, 2000-2021, million tons 32 Figure 11. Primary Restraints and Impact Factors of North America AI in Oil & Gas Market 33 Figure 12. Investment Opportunity Analysis 37 Figure 13. Porter’s Fiver Forces Analysis of North America AI in Oil & Gas Market 40 Figure 14. Breakdown of North America AI in Oil & Gas Market by Component, 2022-2032, % of Revenue 45 Figure 15. North America Addressable Market Cap in 2023-2032 by Component, Value ($ mn) and Share (%) 45 Figure 16. North America AI in Oil & Gas Market by Component: Hardware, 2022-2032, $ mn 46 Figure 17. North America AI in Oil & Gas Market by Component: Software & Solutions, 2022-2032, $ mn 47 Figure 18. North America AI in Oil & Gas Market by Component: Services, 2022-2032, $ mn 48 Figure 19. North America AI in Oil & Gas Market by Services: Professional Services, 2022-2032, $ mn 49 Figure 20. North America AI in Oil & Gas Market by Services: Managed Services, 2022-2032, $ mn 50 Figure 21. Breakdown of North America AI in Oil & Gas Market by Operation, 2022-2032, % of Sales Revenue 52 Figure 22. North America Addressable Market Cap in 2023-2032 by Operation, Value ($ mn) and Share (%) 52 Figure 23. North America AI in Oil & Gas Market by Operation: Upstream, 2022-2032, $ mn 53 Figure 24. North America AI in Oil & Gas Market by Operation: Midstream, 2022-2032, $ mn 54 Figure 25. North America AI in Oil & Gas Market by Operation: Downstream, 2022-2032, $ mn 55 Figure 26. Breakdown of North America AI in Oil & Gas Market by Application, 2022-2032, % of Sales Revenue 57 Figure 27. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 57 Figure 28. North America AI in Oil & Gas Market by Application: Predictive Maintenance and Machinery Inspection, 2022-2032, $ mn 58 Figure 29. North America AI in Oil & Gas Market by Application: Production Planning, 2022-2032, $ mn 59 Figure 30. North America AI in Oil & Gas Market by Application: Material Movement, 2022-2032, $ mn 60 Figure 31. North America AI in Oil & Gas Market by Application: Field Services, 2022-2032, $ mn 61 Figure 32. North America AI in Oil & Gas Market by Application: Quality Control, 2022-2032, $ mn 62 Figure 33. North America AI in Oil & Gas Market by Application: Other Applications, 2022-2032, $ mn 63 Figure 34. Breakdown of North America AI in Oil & Gas Market by Country, 2022 and 2032, % of Revenue 65 Figure 35. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 66 Figure 36. U.S. AI in Oil & Gas Market, 2022-2032, $ mn 68 Figure 37. Canada AI in Oil & Gas Market, 2022-2032, $ mn 70 Figure 38. AI in Oil & Gas Market in Mexico, 2022-2032, $ mn 72 Figure 39. Growth Stage of North America AI in Oil & Gas Industry over the Forecast Period 74
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.)