- Training Courses
- Face-To-Face
- In-House, Online
- E-Learning
- Simulator (Immersive Training))
The global upstream petrotechnical training service market is expected to be valued at US$ 896.2 Mn in 2022 and expected to grow at a CAGR of 6.1% over the forecast period. Increased demand from different organizations to hire professional employees in their companies and numerous technological developments in the industry act as the drivers for upstream petrotechnical training service market. Increased training expenditure costs and the high level of capital needed for e-learning services is hampering the growth of the global market. Government employee protection regulations and rules are expected to provide opportunities towards the global upstream petrotechnical training service market. This report studies global upstream petrotechnical training service market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global location-based virtual reality market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global upstream petrotechnical training service market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global upstream petrotechnical training service market
Key Developments:
In November 2017, Schlumberger Limited announced that they had initiated their analysis laboratory located in Texas, United States providing petrotechnical experts with better availability of equipment and technologies for better understanding and analysis of rocks and fluids resulting in complete reservoir characterization. The facility also includes a “Center of Excellence†which will help organizations conduct better and effective research & testing of production chemicalsUpstream Petrotechnical Training Service Market Summary
Study Period
2023-29
Base Year
2022
CAGR
6.1%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Upstream Petrotechnical Training Service Market Drivers
It is noticed that the global upstream petrotechnical training service market has a significant market growth rate on the perspective of increase in policies and rules regarding the safety of workers. Staff have sustained injuries due to oil and gas production, according to the Occupational Safety and Health Administration (OSHA). By setting and implementing standards and providing training, outreach, education and assistance, OSHA was founded to guarantee safe and healthy working conditions for employees. Simulative real-life encounters of virtual training modules boost the global market.
North America Got Significant Share
Upstream Petrotechnical Training Service Market
North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year due to increase in drilling activity and technological development in the petrotechnical industry boosting the global market. Russia has a good presence in the oil and gas field in Europe. Growing investment in R&D activities for the implementation of advanced petrotechnical training services is expected to accelerate growth of global upstream petrotechnical training service market
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Upstream Petrotechnical Training Service Market Segmentation
Training Type
Training Mode
- Operational Training
- Information Management
- Health
- Safety & Environment (HSE)
- Domain Training
- Geology & Geophysics
- Drilling Engineering
- Economics & Finance
- Others
End Users
- National Oil Companies
- Independent Oil Companies
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The upstream petrotechnical training service market is projected to expand at a CAGR of 6.1% during the forecast period
Society of Petroleum Engineers (SPE), International Association of Drilling Contractors (IADC), The European Association of Geoscientists and Engineers (EAGE), The Society of Exploration Geophysicists (SEG), American Petroleum Institute (API), Total S.A., Royal Dutch Shell, Baker Hughes (GE Company), Halliburton, Intertek Group plc., RPS Group PLC, PetroKnowledge, Novomet Group, Aucerna, International Human Resources Development Corporation (IHRDC), Asia Edge Pte Ltd. (PetroEdge)
North America is the fastest-growing region for upstream petrotechnical training service market
| 1. Executive Summary |
| 2. Global Upstream Petrotechnical Training Service Market Introduction |
| 2.1. Global Upstream Petrotechnical Training Service Market – Taxonomy |
| 2.2. Global Upstream Petrotechnical Training Service Market –Definitions |
| 2.2.1. Training Type |
| 2.2.2. Training Mode |
| 2.2.3. End User |
| 3. Global Upstream Petrotechnical Training Service Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Upstream Petrotechnical Training Service Market Dynamic Factors - Impact Analysis |
| 3.6. Global Upstream Petrotechnical Training Service Market – Competition Landscape |
| 4. Global Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
| 4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Upstream Petrotechnical Training Service Market, Training Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1. Training Courses |
| 5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Face-To-Face |
| 5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. In-House |
| 5.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Online |
| 5.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. E-Learning |
| 5.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Simulator (Immersive Training) |
| 5.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Upstream Petrotechnical Training Service Market Forecast, Training Mode, 2017 - 2021 and Forecast, 2022 - 2028 |
| 6.1. Operational Training |
| 6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Information Management |
| 6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Health |
| 6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Safety & Environment (HSE) |
| 6.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Domain Training |
| 6.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Geology & Geophysics |
| 6.6.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Drilling Engineering |
| 6.7.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Economics & Finance |
| 6.8.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Others |
| 6.9.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 6.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 7. Global Upstream Petrotechnical Training Service Market Forecast, End Users, 2017 - 2021 and Forecast, 2022 - 2028 |
| 7.1. National Oil Companies |
| 7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Independent Oil Companies |
| 7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Upstream Petrotechnical Training Service Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Region, 2022 - 2028 |
| 9. North America Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 9.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Training Courses |
| 9.1.2. Face-To-Face |
| 9.1.3. In-House |
| 9.1.4. Online |
| 9.1.5. E-Learning |
| 9.1.6. Simulator (Immersive Training) |
| 9.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Operational Training |
| 9.2.2. Information Management |
| 9.2.3. Health, Safety & Environment (HSE) |
| 9.2.4. Domain Training |
| 9.2.5. Geology & Geophysics |
| 9.2.6. Drilling Engineering |
| 9.2.7. Economics & Finance |
| 9.2.8. Others |
| 9.3. End Users Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. National Oil Companies |
| 9.3.2. Independent Oil Companies |
| 9.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Country, 2022 - 2028 |
| 9.6. North America Upstream Petrotechnical Training Service Market Dynamics – Trends |
| 10. Europe Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 10.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Training Courses |
| 10.1.2. Face-To-Face |
| 10.1.3. In-House |
| 10.1.4. Online |
| 10.1.5. E-Learning |
| 10.1.6. Simulator (Immersive Training) |
| 10.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Operational Training |
| 10.2.2. Information Management |
| 10.2.3. Health, Safety & Environment (HSE) |
| 10.2.4. Domain Training |
| 10.2.5. Geology & Geophysics |
| 10.2.6. Drilling Engineering |
| 10.2.7. Economics & Finance |
| 10.2.8. Others |
| 10.3. End Users Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. National Oil Companies |
| 10.3.2. Independent Oil Companies |
| 10.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Country, 2022 - 2028 |
| 10.6. Europe Upstream Petrotechnical Training Service Market Dynamics – Trends |
| 11. Asia-Pacific Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 11.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Training Courses |
| 11.1.2. Face-To-Face |
| 11.1.3. In-House |
| 11.1.4. Online |
| 11.1.5. E-Learning |
| 11.1.6. Simulator (Immersive Training) |
| 11.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Operational Training |
| 11.2.2. Information Management |
| 11.2.3. Health, Safety & Environment (HSE) |
| 11.2.4. Domain Training |
| 11.2.5. Geology & Geophysics |
| 11.2.6. Drilling Engineering |
| 11.2.7. Economics & Finance |
| 11.2.8. Others |
| 11.3. End Users Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. National Oil Companies |
| 11.3.2. Independent Oil Companies |
| 11.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Country, 2022 - 2028 |
| 11.6. Asia-Pacific Upstream Petrotechnical Training Service Market Dynamics – Trends |
| 12. Latin America Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 12.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Training Courses |
| 12.1.2. Face-To-Face |
| 12.1.3. In-House |
| 12.1.4. Online |
| 12.1.5. E-Learning |
| 12.1.6. Simulator (Immersive Training) |
| 12.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Operational Training |
| 12.2.2. Information Management |
| 12.2.3. Health, Safety & Environment (HSE) |
| 12.2.4. Domain Training |
| 12.2.5. Geology & Geophysics |
| 12.2.6. Drilling Engineering |
| 12.2.7. Economics & Finance |
| 12.2.8. Others |
| 12.3. End Users Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. National Oil Companies |
| 12.3.2. Independent Oil Companies |
| 12.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Country, 2022 - 2028 |
| 12.6. Latin America Upstream Petrotechnical Training Service Market Dynamics – Trends |
| 13. Middle East and Africa Upstream Petrotechnical Training Service Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Mn) |
| 13.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Training Courses |
| 13.1.2. Face-To-Face |
| 13.1.3. In-House |
| 13.1.4. Online |
| 13.1.5. E-Learning |
| 13.1.6. Simulator (Immersive Training) |
| 13.2. Application Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Operational Training |
| 13.2.2. Information Management |
| 13.2.3. Health, Safety & Environment (HSE) |
| 13.2.4. Domain Training |
| 13.2.5. Geology & Geophysics |
| 13.2.6. Drilling Engineering |
| 13.2.7. Economics & Finance |
| 13.2.8. Others |
| 13.3. End Users Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. National Oil Companies |
| 13.3.2. Independent Oil Companies |
| 13.4. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Upstream Petrotechnical Training Service Market - Opportunity Analysis Index, Training Type, Training Mode, End User and Country, 2022 - 2028 |
| 13.6. MEA Upstream Petrotechnical Training Service Market Dynamics – Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Society of Petroleum Engineers (SPE) |
| 14.2.2. International Association of Drilling Contractors (IADC) |
| 14.2.3. The European Association of Geoscientists and Engineers (EAGE) |
| 14.2.4. The Society of Exploration Geophysicists (SEG) |
| 14.2.5. American Petroleum Institute (API) |
| 14.2.6. Total S.A., Royal Dutch Shell, Baker Hughes (GE Company) |
| 14.2.7. Halliburton, Intertek Group plc. |
| 14.2.8. RPS Group PLC |
| 14.2.9. PetroKnowledge |
| 14.2.10. Novomet Group |
| 14.2.11. Aucerna, International Human Resources Development Corporation (IHRDC) |
| 14.2.12. Asia Edge Pte Ltd. (PetroEdge) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Society of Petroleum Engineers (SPE)
- International Association of Drilling Contractors (IADC)
- The European Association of Geoscientists and Engineers (EAGE)
- The Society of Exploration Geophysicists (SEG)
- American Petroleum Institute (API)
- Total S.A., Royal Dutch Shell, Baker Hughes (GE Company)
- Halliburton, Intertek Group plc.
- RPS Group PLC
- PetroKnowledge
- Novomet Group
- Aucerna, International Human Resources Development Corporation (IHRDC)
- Asia Edge Pte Ltd. (PetroEdge)