Wearable Tech in Oil & Gas – Thematic Research

Wearable tech is still in its infancy in the industrial space, and much of the developments today are largely catering to the demand of the consumer markets. However, oil and gas companies have started evaluating the possibilities of deploying wearable devices in day-to-day operations. Initial research is focused on enabling real-time monitoring of field technicians to ensure safety and in providing them with audiovisual assistance in performing asset maintenance. The eventual goal is to adopt lightweight, yet rugged wearable devices to improve safety and efficiency in oilfield operations.

The major area of interest is the ability of wearable tech to free up the wearer's hands, enabling him to perform tasks without any hindrance. Moreover, wearable devices can augment natural human capabilities, such as enhanced vision or smell (gas detection), thereby adding productivity and safety in oil field operations. These aspects of wearable tech are encouraging oil and gas companies to adopt helmets, smart glasses, wristbands, and other devices that incorporate technologies like wireless connectivity, artificial intelligence (AI) and augmented reality (AR).

Scope

Overview of the emergence of wearable tech as a theme in the oil and gas industry and its impact on operations.

Detailed analysis of the emerging use cases for wearable tech across the oil and gas value chain.

A brief overview of the major application areas for wearable tech in the oil and gas industry.

Analysis of the wearable tech industry along with its use cases across different industry verticals.

Reasons to buy

Understand the importance of adopting wearable technology in oil and gas operations.

A review of some of the case studies highlighting the growing capabilities of wearable in addressing business challenges across the oil and gas value chain.

Identify and benchmark key oil and gas companies and technology providers based on their exposure to wearable theme.

Table of Contents

PLAYERS 4

TECHNOLOGY BRIEFING 5

TRENDS 7

Technology trends 7

Macroeconomic trends 11

Regulatory trends 13

INDUSTRY ANALYSIS 14

Market size and growth forecasts 14

Competitive analysis 16

Mergers and acquisitions 17

Timeline 18

Use cases 19

VALUE CHAIN 21

App layer 21

Apps 21

Platforms 22

Data layer 22

Connectivity layer 22

Device layer 23

Smartwatches 23

Smart glasses 23

Fitness trackers 24

Smart clothes 25

Hearables 25

COMPANIES 26

CONSUMER ELECTRONICS SECTOR SCORECARD 29

Who’s who 29

Thematic screen 30

Valuation screen 31

Risk Screen 32

GLOSSARY 33

APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY 36

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