New ARC Advisory Group research on the Multiphase Flow Metering (MPFM) and Virtual Flow Metering (VFM) market reveals that owner-operators and independents are increasingly relying on multiphase flow metering and virtual flow metering solutions for real-time measurements for production monitoring, field surveillance, and production optimization. Multiphase flow metering solutions are enabling end users to save on the cost and space of production and test separators while simultaneously obtaining more real-time flow measurements. This provides real-time visibility, greater operational agility, and flexibility to adapt to changing flow regimes characteristic of mature oil and gas wells.

"Virtual flow metering solutions are seen as a less expensive complement to multiphase flow metering solutions that ensure the validation of the MPFM and serve as a backup for an MPFM to ensure reliability and continuity in measurements. Virtual flow metering solutions are a useful tool for estimating real-time well flow rates, reducing the need for bulkier and often more expensive test separators, and will likely become viable replacements for multiphase flow metering solutions with advancements in AI and machine learning," according to Tim Shea, Senior Analyst and key author of ARC's Multiphase and Virtual Flow Metering Solutions Market Research.

Multiphase Flow Metering Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Solid Outlook in Demand for Multiphase Flow Metering Hardware Solutions 
• Robust Outlook for Demand for Virtual Flow Metering Solutions
• Demand from the Subsea Market Will Outpace Other Project Locations 
• Advancements in AI and Machine Learning Help Virtual Flow Metering Solutions Close Performance Gap

Leading Suppliers to the Multiphase Flow Metering Solutions Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Emerson Automation Solutions, Haimo Technologies, Pietro Fiorentini, Schlumberger, TechnipFMC.

About the Multiphase Flow Metering Solutions Research

The Multiphase and Virtual Flow Metering Solutions research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The segmentation includes Revenue Category, Sales Channel, World Region, Customer Type, Technology, Measurement Technology, Overall Scope, Project Location, Application-MPFM, Application-VFM, Measurement Configuration.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include: 

• MIRA Service: An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs. 
• Concise Market Analysis Report (PDF): This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis. 
• Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF): A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports, including up to five years of historical analysis.

For more information on this and other available ARC market research, please visit our Market Analysis Services section.

New ARC Advisory Group market research on the SCADA systems for the upstream and midstream oil & gas industry market reveals that SCADA systems must better support the increased demands for data and do so in the most secure manner possible. This is one of the findings of ARC’s SCADA Systems for the Oil and Gas Industry Global Market Research Report. End users utilize supervisory control and data acquisition (SCADA) technology to help reduce operational and maintenance costs and link operations to business processes for a variety of purposes, including business performance management and leveraging investments in existing assets and systems to optimize capital expenditures. The global SCADA market reflects the impact of the new economic reality on SCADA components and more cost-effective communications for both data and knowledge transfer.

"Today’s SCADA systems show a continued evolution of technology components that are easier to implement, integrate, and distribute, while providing improved capabilities and functionalities. Web-enabled and/or mobile-enabled advanced applications and packaged solutions continue to grow in popularity, particularly for users seeking to integrate SCADA with business and enterprise-level applications and supply chains. Beyond the traditional data gathering and control functions, the addition of business intelligence-enabled applications has enhanced the value of SCADA systems. These new applications give users better insight into the economics of their operations, the easier ability to validate nominations and pipeline allocations, and tools to track carbon emissions, which aids them in regulatory compliance," according to Mark Sen Gupta, Director Strategic Services, and key author of ARC's SCADA Systems for Oil and Gas Industry Market Research Report.

Oil and Gas SCADA Systems Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Desire for More Data Intensifies 
• Increased Available Bandwidth 
• More Field Compute Wanted 
• Pandemic Shift
• Sustainability Demands Alternatives

Leading Suppliers to the SCADA Systems for Oil and Gas Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, AVEVA, Emerson Automation Solutions, Honeywell, Yokogawa.

About the SCADA Systems for Oil and Gas Research

The SCADA Systems for Oil and Gas report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and 4 years of historical analysis segmented by World Region, Industry Sector, Pipeline Type, Project Size, Project Type, Revenue Category, Hardware Revenues by Type, Service Revenues by Type, Software Revenues by Application, Sales Channel, Customer Type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 4 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the oilfield operations management systems market reveals that owner-operators today continue to strive to further improve operations and manage costs in the oilfield.  Today’s owner-operators, independent E&P firms, and related stakeholders accept that the current margin-compressed environment is likely here to stay, even after industry gradually recovers from the effects of the COVID pandemic.  As a result they will continue making investments in oilfield operations management system solutions to help lower costs, enhance production, improve and/or enhance recovery, and ensure more efficient operations with fewer experienced personnel.  Oilfield operations management systems are increasingly seen as a vital investment that translates into material ROI and can help ensure continued survival in today’s challenging environment,” according to Tim Shea, Senior Analyst at ARC Advisory Group and key author of ARC’s Oilfield Operations Management Systems Global Market Research report.

Leading Suppliers to the Oilfield Operations Management Systems Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and summarizes their relevant offerings.  In alphabetical order, these include Baker Hughes, Emerson Automation Solutions, Halliburton, and Schlumberger.

About the Oilfield Operations Management Systems Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the oilfield operations management systems market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by revenue category, service revenue by type, system type, project locations, applications, deployment models, sales channels, and customers. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes four years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the oilfield drilling optimization systems market reveals that oil and gas operators are increasingly getting involved in the digitalization process to enhance operational efficiency and minimize the cost of oilfield drilling and extraction.  Other benefits of optimizing drilling processes include reduced drilling risk, greater certainty, enhanced safety, and better control of future drilling events. 

“The last few years have seen an upsurge of new digital drilling technologies being deployed, with methods from different disciplines being used to enhance oilfield drilling.  Communication and software technologies, smart downhole sensing, and AI and machine learning are the most critical disciplines that can help optimize drilling.  Continuing innovations in sensor instrumentation, embedded advanced control algorithms, and predictive condition monitoring on rotating equipment are all critical to the future of the smarter drilling systems that will become integrated within the growing digital technologies infrastructure.  This dynamic shift was the reason ARC created different segments for  conventional automation and digital technologies in our market research,” according to Tim Shea, Senior Analyst, ARC Advisory Group and key author of ARC’s Oilfield Drilling Optimization Systems Global Market Research report.

About the Oilfield Drilling Optimization Systems Research

This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the oilfield drilling optimization systems market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by technology type, conventional and digital system type, project location, conventional and digital applications, revenue category, deployment model, sales channels, and customers. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) - personalized spreadsheet includes the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group market research on SCADA systems for the upstream and midstream oil & gas industry reveals that SCADA systems must better support the increased demands for data and do so in the most secure manner possible; platform migrations to address these issues picked up pace in 2019.

“Retrofit revenues show an increased investment in modernizing the installed base, pointing to a greater focus on more performant hardware and software with greater cybersecurity.  This makes sense with cyberattacks increasing worldwide and corporate demands for data expanding.  In fact, ARC has witnessed data requests from non-traditional field data consumers rising,” according to Mark Sen Gupta, Research Director at ARC Advisory Group and key author of ARC’s SCADA Systems for the Oil & Gas Industry Global Market Research report.

Leading Suppliers to the SCADA Systems for the Oil & Gas Industry Global Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include Emerson Automation Solutions, Honeywell Process Solutions, and Yokogawa Electric Corporation.

About SCADA Systems for the Oil & Gas Industry Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year (global/regional) forecasts for the SCADA for Oil & Gas market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, industry segment, pipeline type, application type, hardware type, project size, sales channels, and customers. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) - personalized spreadsheet includes two years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the subsea controls market reveals that the major oil & gas companies have invested in deepwater and ultra-deepwater projects.  The future of subsea oil and gas operations looks stable, as the industry technology heads toward deepwater oil and gas development sustained by higher oil prices, key technological improvements, and the need to replace maturing shallower water basins.

“Higher energy prices have forced consumers and businesses to make more significant adjustments to manage costs.  Operations that consume large amounts of energy have a greater opportunity for savings through optimization.  A prime example of this is subsea systems where energy accounts for a significant share of the total lifecycle costs.  As a result of the energy-intensive nature of production pumping systems and transfer systems, the energy saving advantages of subsea controls will be a significant contributor to growth,” according to Tim Shea, Senior Analyst at ARC Advisory Group and key author of ARC’s Subsea Controls Global Market Research report.

Leading Suppliers to the Subsea Controls Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offering.  In alphabetical order, these include: Aker Solutions, Baker Hughes, Schlumberger, and TechnicFMC.

About the Subsea Controls Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the subsea controls market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, system type, communication protocol, revenue, application, sales channel, and customer type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes two years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the global market for SCADA Systems for Electric Power Transmission and Distribution (T&D) reveals that increasingly affluent Asian countries are expanding electric power generation, transmission and distribution, which increases demand for these systems in those countries.  People in these countries want refrigerators, appliances, HVAC, lighting, and electric vehicles, which all increase demand for electric power.

The worldwide economy is increasingly dependent on low-cost and reliable electric power.  Unserved areas are getting power for the first time and served areas are demanding more capacity, reliability, and resilience to meet rising demands, weather events, and new load profiles.  With increasing non-dispatchable renewable power generation, grid management is becoming more challenging and T&D SCADA is a crucial function.  This places more emphasis on understanding the state of the T&D systems and planning future generation, transmission, and distribution upgrades.  New and significant market reform regulations, software applications, behind-the-meter products, and system integration will all be required to create a fully interactive electrical network.

“Electric utilities are being challenged to serve new loads and load profiles, operate more efficiently, lower operating costs, and enhance customer satisfaction.  The utility industry is seeing a decline in large central power stations and an increase in distributed generation with the emerging integration of new demand response markets for electricity.  The utilities are turning to SCADA to increase grid monitoring, improve operational efficiency, improve grid planning efficiency, and maintain grid equipment, while also being more responsive to the needs of their customers,” according to Rick Rys, Senior Consultant at ARC Advisory Group and key author of ARC’s SCADA Systems for the Electric Power Industry Global Market Research report.

About SCADA Systems for the Electric Power Industry Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for SCADA systems for the electric power industry market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, grid location, revenue type, hardware component, software application, service type, project type, project size, sales channel, and customer type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes three years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research on the Artificial Lift Optimization market reveals that the need to contain costs has been driving the artificial lift optimization (ALO) systems and services market over the last couple of years.  Digitalization will play a primary role in containing costs while improving safety by enabling reduced downtime, predictive maintenance, performance forecasting, real-time risk management, and energy efficiency. 

“Artificial lift optimization solutions are always being updated with new features to fulfill many market demands and increase their value proposition.  ARC is seeing growing demand for digital oilfields, often based at least partially on industrial IoT-based solutions.  Digital oilfields provide opportunities to increase operational efficiency from the wellhead through the entire supply chain by optimizing data, information, and analytics,” according to Tim Shea, Senior Analyst at ARC Advisory Group and key author of ARC’s Artificial Lift Optimization Global Market Research report.

About the Artificial Lift Optimization Research

This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the artificial lift optimization market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques.  The research includes competitive analysis, plus five-year market forecasts by region, project location, system type, application, deployment method, customer type, sales channel, and revenue category. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations.  These include a:

• Market Intelligence Workbook (Excel) – personalized spreadsheet includes four years of historical data in addition to the current base year market data and five-year market forecast.  This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.

• Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  The PDF is available with or without detailed charts.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.