May 13, 2016 - 8:45 AM EDT
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Growth Prospects for Operator Training Simulation Solutions Market in the Oil & Gas Industry - 3D, Cloud & Mobility Technologies Creating Opportunities - Research and Markets

Research and Markets has announced the addition of the "Growth Prospects for Operator Training Simulation Solutions Market in the Oil & Gas Industry" report to their offering.

Oil rig explosion in the deep-water horizon of the Gulf of Mexico in 2010 caused extensive damage to people, assets, and environment. To safeguard against such hazards, simulation training is quickly becoming an important tool in workforce development. Major international oil companies are investing in 3D simulators to develop core competencies and to rapidly improve technical communication across the team.

This research service on operator training simulation (OTS) solutions provides the growth of OTS market by region, application type, and offering type and suggests critical success factors for automation companies to grab emerging opportunities.

Key Findings:

  • Increase in the need for productivity gains, aging workforce, stringent OHS regulations, and large volumes of data generated from sites call for improved operator training simulation (OTS) solutions in the oil and gas industry.
  • The key customer need from OTS is for integrating their several legacy process models and equipment types on a single training platform.
  • Integration of OTS and immersive training solutions (ITS) to provide a real-time experience that enhances the collaboration between console and field operators under various scenarios is expected to gain traction beyond 2020.
  • Many OTS and ITS solution providers are still operating in an isolated manner and only a few leverage cloud and mobility technologies to address the unique learning needs of a younger generation of workers.
  • It is likely that major offshore platforms, LNG facilities, subsea facilities, and refineries will have 3D models as a must-have for training and process improvement requirements in the future.

Key Topics Covered:

1.Executive Summary

2.Key Drivers and Restraints

3.Industry Needs

4.Market Prospects

5.Competitive Perspectives

6.Critical Success Factors

7.The Last Word

For more information visit http://www.researchandmarkets.com/research/99dlx4/growth_prospects

Research and Markets
Laura Wood, Senior Manager
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Source: Business Wire (May 13, 2016 - 8:45 AM EDT)

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