Global Instrumentation and Controls Training Market for Oil and Gas Industry to grow at a CAGR of 11.37% during the period 2017 - 2021; Finds New Report

Report forecast the global instrumentation and controls training market for oil and gas industry to grow at a CAGR of 11.37% during the period 2017-2021.

Instrumentation and controls are the basic disciplines that employees and students need to be qualified in to work efficiently in the oil and gas fields across the globe. The disciplines involve the science of measuring and controlling different process variables within a production or manufacturing setup. The process variable used in manufacturing industries include pressure, humidity, flow, level, force, speed, pH, and others.

The report covers the present scenario and the growth prospects of the global instrumentation and controls training market for oil and gas industry for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one driver in the market is rising job opportunities from oil and gas industry. Job opportunities from the oil and gas industry have increased considerably over the last few years. Aging workforce and increasing inclination of students toward the information, communication, technology (ICT) and other domains have created a scarcity of employees at the executive and middle levels in oil and gas companies. Therefore, there is a significant human resource crunch in the industry. This, in turn, is creating various job opportunities for candidates majoring in engineering fields, including instrumentation and control engineers, and electrical engineers.

Further, the report states that one challenge in the market is lack of experienced trainers. The oil and gas industry is facing severe talent shortage due to the increasing aging workforce not being replaced quickly enough with new talent. In addition, the trained and experienced working professionals eventually get retired resulting in a lack of trainers for delivering the instrumentation and controls training. Often, vendors offer instructor-led courses that involve major practical components, which require experienced and trained instructors.

Global Instrumentation and Controls Training Market for Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global instrumentation and controls training market for oil and gas industry: ABLE Instruments & Controls, Forbes Marshall, Mobility Oil and Gas, and PetroSkills.

Other Prominent Vendors in the market are: Enform, TPC Training Systems, PetroKnowledge, NAIT, Abhisam Software, GLOMACS, NExT, Maersk Training, IDC Technologies, and ISA.

Market driver

• Rising job opportunities from oil and gas industry
• For a full, detailed list, view our report

Market challenge

• Lack of experienced trainers
• For a full, detailed list, view our report

Market trend

• Growing popularity of IIoT
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Spanning over 73 pages “Global Instrumentation and Controls Training Market for Oil and Gas Industry 2017 - 2021” report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Geographical segmentation, Market segmentation by learning method, Market segmentation by end-user, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

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