What is Oil and Gas Pipeline Management Software?
Oil & gas management software is mainly used to manage all routinely activities. This software provides unique logistics which stores and transportation, pipeline operations, risk management such as leak and theft detection. Thus, industry players are tends to use this set of computations software to manage all activities effectively. It further reduces cost of other processing’s like allocations, gathering, plant processing, transportation, accounting, regulatory reporting. Rising oil and gas industrial adoptions for computations and cloud solutions has impacted on the demand in positive manner.
The market study is broken down and major geographies with country level break-up.
The market of oil and gas pipeline management software is expected to grow with rising demand from oil and gas industries for cloud based solutions. Hence, the market is highly fragmented with the presence of multiple market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chetu Inc.(United States), GE (United States), Schneider Electric SE (France), A3logics (Finland), Emerson Electric Co. (United States), Aristek Systems Ltd. (Israel), Bentley Systems, Inc. (United States), Yokogawa Electric Corporation (Japan), Honeywell. (United States) and WebCreek Ltd. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Oil and Gas Pipeline Management Software market by Type, Application and Region.
On the basis of geography, the market of Oil and Gas Pipeline Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Solutions, the sub-segment i.e. Integrated Solution {LNG Management, Crude Management, NGL Management} will boost the Oil and Gas Pipeline Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. Oil & Gas will boost the Oil and Gas Pipeline Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Cloud will boost the Oil and Gas Pipeline Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Upstream will boost the Oil and Gas Pipeline Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In March 2018, AVEVA Group has completed its merger of industrial software business of Schneider Electric. This strategic initiatives is mainly to create CAPEX and OPEX which is conceptual design for oil and gas routinely activities management. This initiatives has created unique opportunities for both of them.
Market Trend
- Increasing Adoption of End To End Core Integrated Solutions for Cost Optimization
Market Drivers
- Preference for Using Computations Software’s for the Oil & Gas Pipeline Systems
- Rising Adopting Cloud Based Solutions for SCADA
Opportunities
- Technological Advancements with Automation Has Created Ample Opportunities
- Ease in Transportation Service Management with less Manual Interference
Restraints
- Less Awareness Regarding the Availability of Oil & Gas Pipeline Management Software Solutions in Emerging Countries
Challenges
- Interoperability Issues
- Lack of Technically Keen Personnel
Key Target Audience
Oil and Gas Pipeline Management Software Providers, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.