Global Oil & Gas Low Power Wide Area (LPWA) Market 2017-2022 - There will be 30 Million Wireless Sensing, Tracking and Control Devices in Use Worldwide

In the past two years, we saw growing interest in Low Power Wide Area (LPWA) network solutions such as LoRa, Sigfox, LTE-M and NB-IoT and this trend continues. The multi-mile sensing and control capabilities provided by LPWA technologies is perfectly matched for oil and gas wellhead automation and pipeline operations as well as innovative solutions for asset tracking and logistics.The US congress's decision to allow oil and gas exports was a key decision that has enabled the US oil and gas industry to have a faster recovery from the 2014-2016 oil downturn. LPWA is the latest development that impacts this industry by solving complex and labor expensive monitoring and management of remote wellheads and assets. LPWA solutions move the networking and provisioning complexity to the in-premises or cloud network server. This lowers labor costs as routers and repeaters are not needed and development is primarily done in the cloud.LPWA Advantages for IoT Solutions Include the Following:

In the past two years, we saw growing interest in Low Power Wide Area (LPWA) network solutions such as LoRa, Sigfox, LTE-M and NB-IoT and this trend continues. The multi-mile sensing and control capabilities provided by LPWA technologies is perfectly matched for oil and gas wellhead automation and pipeline operations as well as innovative solutions for asset tracking and logistics.

The US congress's decision to allow oil and gas exports was a key decision that has enabled the US oil and gas industry to have a faster recovery from the 2014-2016 oil downturn. LPWA is the latest development that impacts this industry by solving complex and labor expensive monitoring and management of remote wellheads and assets. LPWA solutions move the networking and provisioning complexity to the in-premises or cloud network server. This lowers labor costs as routers and repeaters are not needed and development is primarily done in the cloud.

LPWA Advantages for IoT Solutions Include the Following:

By 2022, there will be 30 million wireless sensing, tracking and control devices in use worldwide for oil and gas exploration, production, pipeline operations as well as logistics and distribution. LPWA technologies will be the fastest growing and will enable millions of new connections that are not feasible with other technologies.

Key Topics Covered:

1. Executive Summary

2. Methodology/Scope

3. The Oil & Gas LPWA Ecosystem

4. The Digital Oilfield Value System

5. Survey Results

6. Technology Dynamics

7. Global Total Market Size Forecasts

8. Methodology

9. Exploration & Production

10. Pipelines & Storage

11. Logistics

12. Competitive Landscape

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/7z6rx3/oil_and_gas_lpwa

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