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Upstream Petrotechnical Training Service Market: By Training Type ) By Training Mode, Domain Training, Geology & Geophysics, Drilling Engineering, Economics & Finance and Others) By End Users and Geography
Upstream Petrotechnical Training Service Market size was valued at US$ 896.2 million in 2022 and is expected to grow at a CAGR of 6.1% from 2023 - 2029. Increased demand from different organizations to hire professional employees in their companies and numerous technological developments in the industry act as the drivers for the upstream pyrotechnical training service market. Increased training expenditure costs and the high level of capital needed for e-learning services are hampering the growth of the global market. Government employee protection regulations and rules are expected to provide opportunities for the global upstream pyrotechnical training service market. This report studies global upstream pyrotechnical 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, the global location-based virtual reality market report includes human demographics; regulatory scenarios, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and service providers engaged in the global upstream pyrotechnical training service market
In November 2017, Schlumberger Limited announced that they had initiated their analysis laboratory located in Texas, United States providing pyrotechnical 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 more effective research & testing of production chemicals
Study Period
2024-2030Base Year
2023CAGR
6.1%Largest Market
Asia-PacificFastest Growing Market
North America
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 896.2 million |
Market CAGR |
6.1% |
By Training Type |
|
By Training Mode |
|
By End Users |
|
By Region |
|
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The upstream petrotechnical training service market size was valued at US$ 896.2 million in 2022
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)
The upstream petrotechnical training service market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
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, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Training Courses |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Operational Training |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 |
7.1. National Oil Companies |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2019 - 2023 and Forecast, 2024 - 2030 (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, 2024 - 2030 |
9. North America Upstream Petrotechnical Training Service Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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, 2024 - 2030 |
9.6. North America Upstream Petrotechnical Training Service Market Dynamics Trends |
10. Europe Upstream Petrotechnical Training Service Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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, 2024 - 2030 |
10.6. Europe Upstream Petrotechnical Training Service Market Dynamics Trends |
11. Asia-Pacific Upstream Petrotechnical Training Service Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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, 2024 - 2030 |
11.6. Asia-Pacific Upstream Petrotechnical Training Service Market Dynamics Trends |
12. Latin America Upstream Petrotechnical Training Service Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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, 2024 - 2030 |
12.6. Latin America Upstream Petrotechnical Training Service Market Dynamics Trends |
13. Middle East and Africa Upstream Petrotechnical Training Service Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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 2019 - 2023 and Forecast 2024 - 2030 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, 2024 - 2030 |
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 |
Key Market Players