Global Oil and Gas Survey 2013-2014 – Market Trends, Buyer Spend and Procurement Strategies in the Global Oil and Gas Industry

2013-06-07
Published : Jun-2013

Global Oil and Gas Survey 2013-2014: Market Trends, Buyer Spend and Procurement Strategies in the Global Oil and Gas Industry” is a new report by ICD Research that analyzes how oil and gas industry companies’ procurement expenditures, business strategies, and practices are set to change in 2013-2014. Additionally, this report also presents a comparative analysis between two years of survey results (wherever applicable). This report gives you access to the category-level spending outlooks, budgets, supplier selection criteria, business challenges, and investment opportunities of leading purchase decision makers. The report also identifies the future growth of buyers and suppliers, MandA, capital expenditure, staff hiring, and e-procurement. This report not only grants access to the opinions and strategies of business decision makers and competitors, but also examines their actions surrounding business priorities, as well as access to information categorized by region, company type, and size.

Buy a copy of this report @ http://www.reportsnreports.com/reports/251006-global-oil-and-gas-survey-2013-2014-market-trends-buyer-spend-and-procurement-strategies-in-the-global-oil-and-gas-industry.html.

The report includes key topics such as global oil and gas industry buyer expenditure and procurement behaviors and strategies, and identifies the threats and opportunities within the global oil and gas industry, economic outlook trends, and business confidence within global oil and gas industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, ICD Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value-chain of the global oil and gas industry.

What is the current market landscape and what is changing?

Executives from the global oil and gas industry anticipate an increase in levels of consolidation, with 54% of respondents projecting an increase in merger and acquisition (MandA) activities in 2013.

What are the key drivers behind recent market changes?

Challenges faced by the oil and gas companies, such as increasing competition, poor market conditions, cheaper financing, changing oil, and gas expedition dynamics, have prompted companies to consolidate positions and look for MandA’s.

Request a Sample of this report @ http://www.reportsnreports.com/contacts/RequestSample.aspx?name=251006.

Key Market Issues

  • Middle East, Brazil, India, China and Indonesia are the important emerging markets to offer growth in 2013.
  • ‘Rising competition ‘, ‘retention or recruitment of skilled staff’, ‘market uncertainty’, and ‘responding to pricing pressure’ are the leading business concerns for the global oil and gas industry in 2013.
  • Overall, for 2013, the average size of the annual procurement budget for global oil and gas industry buyer respondents is projected at US$121.9 million, against US$125.6 million in 2012.
  • ‘Level of service’, ‘price’, ‘existing relationship with supplier’, and ‘delivery lead times’ are considered the most important factors for supplier selection in the global oil and gas industry, while ‘environmental records and CSR’, ‘knowledge of buyer’s market’, and ‘proximity of supplier operations’ are considered the least important.
  • While 21% of buyer respondents from the global oil and gas industry are willing to implement e-procurement in 2013 or beyond, 30% are already in  different stages of implementation (‘partially implemented’, ‘completely implemented’, and ‘evaluation or pilot use’.)

Key Highlights

  • An analysis of revenue growth expectations by senior level respondents reveals that 55% are ‘more optimistic’ about their company’s revenue growth in 2013.
  • A significant percentage of upstream oil and gas companies respondents highlighted capital expenditure towards ‘facility expansion’, ‘machinery and equipment purchase’ and ‘new product development’ would increase in 2013.
  • The top three priorities for global oil and gas industry upstream oil and gas companies in 2013 are ‘expand in current market’, ‘improve operational efficiency’, and ‘focus on sustainability’
  • A total of 66% of respondents from upstream oil and gas companies, 63% of respondents from downstream and midstream oil and gas companies, and 65% of respondents from oil and gas industry supplier companies anticipate an increase in their current workforce in 2013.
  • Survey results show that respondents from the global oil and gas industry identified US, Australia, Singapore, Taiwan and Hong Kong to offer the highest growth potential among developed countries in 2013-2014.
Contact [email protected] for more details.
Filed in: Energy & Power
Tags: 
More Reports
Title Price Buy Now

Hydrogen Energy Storage Market by State (Gas, Liquid, Solid), Technology (Compression, Liquefaction, Material Based), Application (Stationary Power, Transportation), End User (Electric Utilities, Industrial, Commercial), Region – Global Forecast to 2027

“Increase in fuel cell based electric vehicles and hydrogen storage infrastructure across the globe to improve energy efficiency are set to drive the global hydrogen energy storage market” The global hydrogen energy storage market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. The market has a promising growth potential due to several factors, including the role of hydrogen energy storages playing in carbon emission reduction and Increase in fuel cell based electric vehicles and hydrogen storage infrastructure are driving the hydrogen energy storage market. “Gas: The fastest growing segment of hydrogen energy storage market, by state” Hydrogen as a gas is colorless, h......
 $4950

Americas Medium-Voltage Cables Market by Insulation (XLPE, EPR, HEPR), Voltage (Upto 5 kV, 5-15 kV, 15-30 kV, 30-60 kV, 60-100 kV), Application (Underground, Overhead, Submarine), End User (Industrial, Commercial, Renewable) and Region – Forecast to 2027

“The American Medium-voltage cable market is projected to grow at a CAGR of 5.1% from 2022 to 2027” The Americas medium-voltage cables market is anticipated to grow from an estimated USD11.1 billion in 2022 to USD14.2 billion in 2027, at a CAGR of 5.1% during the forecast period. The market has a promising growth potential due to increased demand for distribution networks due to increased power demand and increased capacity for renewable energy is propelling the demand for Americas medium-voltage cables market “Ethylene-propylene Rubber (EPR): Second largest insulation material for manufacturing Americas medium-voltage cables market, by insulation type“ The insulation type segment is categorized as Cross-linked Polyethylene (XLPE), Ethylene-propylene Rubber (EPR), High mod......
 $4950

Switchgear Market by Insulation (Gas-insulated Switchgears, Air-insulated Switchgears), Installation (Indoor, Outdoor), Current (AC, DC), Voltage (Low (up to 1 kV), Medium (2–36 kV), High (Above 36 kV), End User and Region – Global Forecast to 2027

“Paradigm shift towards the renewables is expected to boost the growth of the switchgear market”     The global switchgear market is expected to reach USD 120.1 billion by 2027 from an estimated USD 90.9 billion in 2022, at a CAGR of 5.7% from 2022 to 2027.The growth of the switchgear market is proportional to the growth of the global industrial and manufacturing sectors, which are the primary drivers of growth in demand for electricity. Apart from this, an increase in the share of renewables in the electricity mix has led to the replacement of aging infrastructure and the deployment of smart grids to achieve higher efficiencies and remote monitoring. Switchgears, as a result, may experience a growth in demand during the forecast period. “Outdoor: The fastest-growing segmen......
 $4950

Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120 V, 120–240 V, 240–400 V, above 400 V), End User and Region – Global Forecast to 2027

“Digitalization and automation pertaining to increase in number of data centers driving the power unit distribution market”     The power distribution unit market is projected to reach USD 5.7 billion by 2027 from an estimated of USD 3.9 billion in 2022, in order to meet the increasing demand from telecom & IT sector. Some of the major driving factors for the market include the increase in number of data centers. Secondly, growing investments in automation and digitalization supports the implementation of power distribution unit market. Increasing application of power distribution unit in various industries is likely to propel the growth of power distribution unit market. Power distribution units can either be basic or intelligent, depending on the features they have. The......
 $4950

Large-scale Natural Refrigerant Heat Pump Market by Refrigerants (Ammonia (R717), Carbon Dioxide (R744), Hydrocarbons), Capacity (20-200 kW, 200-500 kW, 500-1,000 kW, Above 1,000 kW), End Use (Commercial, Industrial), Region – Global Forecast to 2027

“Supportive rules and regulations across the globe to improve energy efficiency are set to drive the global large-scale natural refrigerant heat pump market” The global large-scale natural refrigerant heat pump market is projected to reach USD9.1 Billion by 2027 from an estimated market size of USD5.8 Billion in 2022, at a CAGR of 9.4% during the forecast period. The market has a promising growth potential due to several factors, including the role of large-scale natural refrigerant heat pumps playing in carbon emission reduction and government incentives and regulations to improve energy efficiency. “Carbon dioxide (R-744) natural refrigerant heat pump: The fastest growing segment of large-scale natural refrigerant heat pump market, by natural refrigerants” Carbon dioxide......
 $4950

Pressure Vessel Market by Type (Boiler, Reactor, Separator), Material, Heat Source (Fired Pressure Vessel and Unfired Pressure Vessel), Application (Storage Vessels and Processing Vessels), End-User and Region – Global Forecast to 2027

“The pressure vessel market is projected to grow at a CAGR of 4.8% from 2022 to 2027” The pressure vessel market is anticipated to grow from an estimated USD 47.1 Billion in 2022 to USD  59.5 Billion in 2027, at a CAGR of 4.8% during the forecast period. The market has a promising growth potential due to increased demand for boilers, especially in Asia-Pacific. The rapidly expanding power sector is also propelling demand for pressure vessels. The advancements in supercritical and subcritical technologies are expected to offer lucrative opportunities for the pressure vessel market during the forecast period. “Steel Alloys: Widely used material for manufacturing pressure vessels, by materials“ The material segment is categorized as steel alloys, composites, and other alloys......
 $4950

Industrial Burner Market by Type (Regenerative, High Thermal, Radiant, Direct-Fired), Fuel Type (Oil, Gas, Dual, Solid), End Use (F&B, Petrochemical, Power, Chemical, Metals & Mining), Operating Temperature, Automation, Region – Global Forecast to 2027

“The industrial burner market is projected to grow at a CAGR of 6.1% from 2022 to 2027” The industrial burner market is anticipated to grow from an estimated USD 5.9 billion in 2022 to USD 7.9 billion in 2027, at a CAGR of 6.1% during the forecast period. The market has a promising growth potential due to increased deployment of natural gas-based industrial burners, especially in Europe. Therapidly expanding manufacturing sector is also propelling demand for industrial burners and combustion systems. The rising adoption of biofuels, hazardous waste, and hydrogen-based industrial burners are expected to offer lucrative opportunities for the industrial burner market during the forecast period. “Monoblock: The fastest-growing segment of the industrial burner market, by automation�......
 $4950

Fuel Cell Market by Type (PEMFC, SOFC, PAFC, MFC, DMFC, AFC), Application (Portable, Stationary, Vehicles (FCV)), Size (Small & Large), End User (Residential, C&l, Transportation, Data Center, Military & Defense, Utility), Region – Global Forecast to 2027

“Increasing adoption of fuel cell vehicles as governments are coming up with initiatives to cut down emissions set to drive the fuel cell market” The global fuel cell market size is estimated to be USD 2.9 billion in 2022 and is projected to reach USD 9.1 billion by 2027, at a CAGR of 26.0%. The market has a promising growth potential due to several factors, including the stringent norms on GHG emission across the globe, increasing R&D grants, increasing need of energy efficient power generation, and spur in demand of public as well as personal fuel cell electric vehicles. “Stationary, The largest segment of fuel cell market, by application” In the stationary application of fuel cells, the output required can be as high as multi megawatts (MW) or as low as less than 1 ......
 $4950

Variable Frequency Drive Market by Type (AC, DC, Servo), Application (Pumps, Fans, Compressors, Conveyors), End User (Industrial, Infrastructure, Oil & Gas, Power), Power Rating (Micro, Low, Medium, High), Voltage and Region – Global Forecast to 2027

“The variable frequency drive market is projected to grow at a CAGR of 4.8% from 2022 to 2027” The variable frequency drive market is anticipated to grow from an estimated USD 21.2 billion in 2022 to USD 26.8 billion in 2027, at a CAGR of 4.8% during the forecast period. The advantages associated with the use of variable frequency drives include reduced energy consumption and costs, increased energy efficiency, extended equipment life, and low maintenance costs. They are used for variable torque applications in the oil & gas, power, infrastructure, and industrial sectors. These factor would drive the growth of variable frequency drive. “Pumps: The fastest-growing segment of the variable frequency drive market, by application“ The pumps segment is estimated to grow from......
 $4950

Cryogenic Equipment Market by Equipment (Tanks, Valves, Vaporizers, Pumps), Cryogen (Nitrogen, Argon, Oxygen, LNG, Hydrogen), End-User (Energy, Chemicals, Metallurgy, Transportation), System Type (Storage, Handling, Supply) & Region – Global forecast to 2027

The cryogenic equipment market is expected to reach USD 17.4 billion by 2027, at a CAGR of 6.8% from 2022 to 2027 The global cryogenic equipment market is projected to reach USD 17.4 billion by 2027 from an estimated market size of USD 12.5 billion in 2022, at a CAGR of 6.8% during the forecast period.The factors driving the growth for cryogenic equipment market are high demand for industrial gases from metallurgy, and energy & power industries and growing demand for cryogenic equipment across entire LNG value chain. “Tanks segment dominates the global market” The cryogenic equipment market, by equipment, is segmented into tanks, valves, vaporizers, pumps and others. Other equipment include pipes, regulators, freezers, dewar, strainers, samplers, heat exchangers, leak dete......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy