‘The oil & gas Virtual Reality (VR) Training and Simulation Market Will Reach $2.24bn in 2011′ Says New Visiongain Report

LONDON, November 10, 2011 -

www.visiongain.com/Report/714/The-Oil-Gas-Virtual-Reality-%28VR%29-Training-and-Simulation-Market-2011-2021

The oil & gas virtual reality training and simulation market is being driven by a combination of increasing demand for oil & gas, the retirement of the baby boomer generation, improving technologies, and increasing safety concerns - all leading to virtual reality technologies becoming more widespread. Visiongain calculates the oil & gas virtual reality training and simulation market, defined as spending on hardware, software and maintenance of virtual reality technologies, to be worth $2.24bn in 2011.

Virtual reality refers to the use of computer technologies to generate surroundings and situations that look and even feel as if they are real. This can involve the use of computer hardware, software and visualisation tools to try to replicate real life environments or simulate realistic scenarios in order to train workers, improve reservoir engineering and safety, and aid the design and optimisation of plants. Virtual reality technologies can be partially immersive, where an image appears in three dimensions (3D), or fully immersive, where a head mounted display is used to enable the user to more fully enter a virtual world and see, touch, hear and even smell the surroundings that would appear in real life.

This report offers an examination of the oil & gas virtual reality training and simulation market over the next decade, providing detailed market forecasts for each of the 7 regional markets and offers in-depth analysis of the opportunities and challenges facing companies in the market throughout the world. The analysis is underpinned by original interviews with five of the leading companies within the industry, while the various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the oil & gas virtual reality training and simulation market.

This visiongain energy report will be valuable to those already involved in the oil & gas virtual reality training and simulation market or to those wishing to enter this important market in the future.

Table of Contents
1. Executive Summary
1.1 The Oil & Gas Virtual Reality Training and Simulation Market Overview
1.2 Drivers and Restraints in the Oil & Gas Virtual Reality Training and Simulation Market
1.2.1 Drivers in the Oil & Gas Virtual Reality Training and Simulation Market
1.2.2 Restraints in the Oil & Gas Virtual Reality Training and Simulation Market
1.3 Highlights of the Report
1.4 Benefits of the Report
1.5 Methodology
1.6 The Global Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
1.7 Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021

2. Introduction to the Oil & Gas Virtual Reality Training and Simulation Market
2.1 Definition of Virtual Reality
2.2 Origins of Virtual Reality
2.3 Uses for Virtual Reality within the Oil & Gas Industry
2.3.1 Virtual Reality Training
2.3.2 Virtual Reality in the Drilling Industry
2.3.3 Virtual Reality in the Design of Plants
2.3.4 Virtual Reality in Process Optimisation
2.3.5 Virtual Reality in Reservoir Engineering
2.3.5.1 Virtual Cubes
2.3.5.2 GeoWalls
2.3.6 Improving Safety through Virtual Reality
2.3.6.1 Virtual Reality in Fire Safety
2.3.7 Virtual Reality in Pilot Training
2.3.7.1 Virtual Reality in ROV Pilot Training
2.3.7.2 Virtual Reality in Tanker Pilot Training

3. The Global Oil & Gas Virtual Reality Training and Simulation Market
3.1 Recent Developments in the Oil & Gas Virtual Reality Training and Simulation Market
3.2 Global Oil & Gas Virtual Reality Training and Simulation Market Drivers and Restraints 2011-2021
3.3 Global Oil & Gas Virtual Reality Training and Simulation Market Drivers
3.3.1 Need to Replace the Retiring Baby Boom Generation with Younger Workers
3.3.2 Increasing Demand for Oil & Gas
3.3.3 Time and Cost Saving Potential
3.3.4 Increasing Safety Concerns
3.3.5 Technological Advances
3.4 Global Oil & Gas Virtual Reality Training and Simulation Market Restraints
3.4.1 Relatively High Costs
3.4.2 Technological Limitations
3.4.3 Institutional Opposition
3.4.4 Lack of Safety Regulations
3.4.5 Effects of a Weak Global Economy

4. Regional Oil & Gas Virtual Reality Training and Simulation Markets Forecast 2011-2021
4.1 The North American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.2 The European Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.3 The Middle Eastern Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.4 The Asia-Pacific American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.5 The African Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.6 The South American Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.7 The Russian and Central Asian Oil & Gas Virtual Reality Training and Simulation Market Forecast 2011-2021
4.8 Regional Variations in Market Size and Growth

5. SWOT Analysis of the Oil & Gas Virtual Reality Training and Simulation Market 2011-2021
5.1 Strengths
5.1.1 Need to Replace Retiring Workers
5.1.2 Virtual Reality Suitable for Young People
5.1.3 Reduced Start-up Times
5.1.4 Cost Effective
5.1.5 Varied Training Scenarios
5.1.6 Remote Learning Capabilities
5.2 Weaknesses
5.2.1 Technological Limitations
5.2.2 Relatively High Costs
5.3 Opportunities
5.3.1 Technological Advances
5.3.2 Increasing Safety Concerns
5.3.3 Increasing Demand for Oil & Gas
5.3.4 Ability to Learn from an Accident
5.3.5 Long Term Potential
5.4 Threats
5.4.1 Effects of a Weak Global Economy
5.4.2 Institutional Opposition

6. Leading Technologies in the Oil & Gas Virtual Reality Training and Simulation Market
6.1 Walkinside
6.2 EyeSim
6.3 Real Asset Virtualisation Environment
6.4 VRSafety
6.5 SAVE Simulator
6.6 MindSafe
6.7 EON ICube
6.8 Holospace
6.9 GeoVisionary
6.10 EON Geo
6.11 The DeepTouch Pilot Training Simulator
6.12 ROVsim2 O&G
6.13 VROV

7. Expert Opinion
7.1 Coole Immersive
7.1.1 Coole Immersive’s Products and Services within the Virtual Reality Market for Oil & Gas
7.1.2 Coole Immersive’s Current Clients
7.1.3 The Impact of the Retirement of the Baby Boom Generation
7.1.4 Uses for Virtual Reality within the Oil & Gas Industry
7.1.5 The Development of Virtual Reality Technologies
7.1.6 Growth Opportunities outside North America and Europe
7.1.7 Estimations of the Virtual Reality Market for Oil & Gas
7.2 VRcontext
7.2.1 The Advantages of Walkinside Version 6.0
7.2.2 VRcontext’s Current Clients
7.2.3 Geographical Demand for Virtual Reality within the Oil & Gas Industry
7.2.4 Uses for Virtual Reality within the Oil & Gas Industry
7.2.5 The Development of Virtual Reality Technologies
7.3 GexCon
7.3.1 GexCon’s Products and Services within the Virtual Reality Market for Oil & Gas
7.3.2 Uses for Virtual Reality within the Oil & Gas Industry
7.3.3 High Costs of Virtual Reality Technologies
7.3.4 Safety Concerns in the Wake of the Deepwater Horizon Oil Spill
7.3.5 The Development of Virtual Reality Technologies
7.3.6 Future Plans for VRSafety
7.4 Marine Simulation LLC
7.4.1 Marine Simulation’s Products and Services within the Virtual Reality Market for Oil & Gas
7.4.2 Marine Simulation’s Clients
7.4.3 Uses for Virtual Reality within the Oil & Gas Industry
7.4.4 Demand for Virtual Reality within the Oil & Gas Industry
7.4.5 The Development of Virtual Reality Technologies
7.5 TSC Simulation
7.5.1 TSC Simulation’s Products and Services within the Virtual Reality Market for Oil and Gas
7.5.2 TSC Simulation’s Clients
7.5.3 Safety Concerns in the Wake of the Deepwater Horizon Oil Spill
7.5.4 Uses for Virtual Reality within the Oil & Gas Industry
7.5.5 The Development of Virtual Reality Technologies

8. Leading Companies in the Oil & Gas Virtual Reality Training and Simulation Market
8.1 AspenTech
8.2 Barco
8.3 Check-6 Inc.
8.4 Chevron
8.5 Coole Immersive
8.6 CPS Canadian Petroleum Services
8.7 Cresent
8.8 Drilling Systems
8.9 Dynamic Vision
8.10 EON Reality
8.11 ESD Simulation Training
8.12 ESSCA
8.13 ExxonMobil
8.14 ForgeFX
8.15 Fugro General Robotics Limited (FGRL)
8.16 GexCon
8.17 GSE Systems
8.18 Honeywell
8.19 Invensys
8.20 Intertek Moody C&T
8.21 INTEX
8.22 KCA DEUTAG
8.23 Kongsberg Gruppen
8.24 Marine Simulation LLC
8.25 Nebb
8.26 Oceaneering
8.27 Phenomatics
8.28 Royal Dutch Shell
8.29 Saudi Aramco
8.30 Schilling Robotics
8.31 Schlumberger
8.32 SimiGon
8.33 TSC Simulation
8.34 VectorCommand Limited
8.35 Virtalis
8.36 Virthualis
8.37 VRcontext

9. Conclusion
9.1 Outlook for the Global Oil & Gas Virtual Reality Training and Simulation Market 2011-2021
9.2 High Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market
9.3 Moderate to High Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market
9.4 Moderate Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market
9.5 Moderate to Low Growth Nations in the Oil & Gas Virtual Reality Training and Simulation Market
9.6 Global Oil & Gas Virtual Reality Training and Simulation Market Summary

Companies Listed

Abu Dhabi Company for Onshore Oil Operations (ADCO)
Abu Dhabi National Oil Company (ADNOC)
AMEC
AspenTech
Barco
BHP Billiton
BP
Canadian Natural Resources (CNR)
Check-6 Inc.
Chevron
China Oilfield Services Limited (COSL)
CLARTE
CMR (Christian Michelsen Research)
Cobalt International Energy
COMONExT
Comput-IT
Concord Well Servicing
ConocoPhillips
Coole Immersive
CPS Canadian Petroleum Services
Cresent
Dominion Energy
Dong Energy
Drilling Systems
Duke Energy
Dynamic Vision
Egyptian General Petroleum Corporation (EGPC)
El Merk
Emerson Process Management
EnCana
Eni
Eni Refining & Marketing
EON Reality
ESD Simulation Training
ESSCA
ExxonMobil
ExxonMobil Research Qatar (EMRQ)
ForgeFX
Frontier Drilling
Fugro
Fugro General Robotics Limited (FGRL)
Fugro-Rovtech
GexCon
GRI Simulations Inc.
GSE Systems
GSP Drilling
Hess Corporation
Honeywell
Husky Energy
Invensys
Invensys Operations Management
Intertek Moody C&T
Instep-Petronas
INTEX
Jacobs Engineering
JGC Corporation
KCA DEUTAG
KEPRI Nuclear Power
Kongsberg Gruppen (Kongsberg)
Kongsberg Oil & Gas Technologies
Korea Electric Power Corporation (KEPCO)
Korea Hydro & Nuclear Power (KHNP)
Marathon Oil
Marine Simulation LLC
McDermott Engineering
Midland Valley
Nabors Drilling
Naftogaz
National Oilwell Varco
Nebb
Noble Corporation
Norsk Hydro
Oceaneering
OMV
Parker Drilling
Pemex
Petrobras
PetroChina
Petronas
Phenomatics
Precision Drilling Corporation
Pride International
Qatar Petroleum (QP)
Randy Smith Training Solutions
RasGas
Royal Dutch Shell
RSI
RSI China-HKD
RWE npower
Saudi Aramco
Schilling Robotics
Schlumberger
Schlumberger Information Solutions (SIS)
Sellafield Limited
SimiGon
Sinopec
Sonatrach
Statoil
The Enterprise Development Network
Thule Drilling
TNK-BP
Total
Total E&P Angola
Transocean
TSC Simulation
VectorCommand Limited
Veolia Environmental Services Limited
Virtalis
Virthualis
VRcontext
Waha Oil
Weatherford International
Woodside

To view sample pages of the report please click on:

www.visiongain.com/Report/714/The-Oil-Gas-Virtual-Reality-%28VR%29-Training-and-Simulation-Market-2011-2021

For more information on The Oil & Gas Virtual Reality (VR) Training and Simulation Market 2011-2021 report please contact sara.peerun@visiongainglobal.com

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