Wearable tech poised to increase workforce safety and productivity in oil and gas operations, says GlobalData

29 October 2019 (Last Updated October 29th, 2019 14:35)

Wearable tech poised to increase workforce safety and productivity in oil and gas operations, says GlobalData

Wearable technology is a relatively new market, and one that is rapidly developing in a number of sectors. Most current wearable tech, including smartwatches and monitors, centres around the technology and healthcare industries. More recently, wearable tech has broadened into the oil and gas industry, and GlobalData explores and elaborates on this in its report, Wearable Tech in Oil & Gas – Thematic Research.

The oil and gas industry currently utilises wearable tech in a number of ways, and there are plenty of opportunities for the growth and development of new technologies. One example is as a health monitor for field technicians working in extreme conditions. For example, technicians may enter and areas with temperatures of 50⁰C for extended periods. Managers will want to monitor the technicians’ health and ensure that they do not put themselves in danger.

Wearable tech has the opportunity to thrive in the oil and gas sector, and change the way it works. Initial research focuses on real-time monitoring of field technicians, including audiovisual assistance in performing asset management.

Wearable tech to be developed and utilised for a safer oil and gas industry

A major area of interest is the development of wearable tech that can free workers’ hands and allow them to perform tasks without hindrance. Technology may also augment natural human ability, such as enhanced sight and smell for gas detection. It is projected that wearable tech will positively influence the sector through increased productivity and improved safety.

Key highlights:

  •  An overview of wearable tech as a theme, and its impact on operations
  •  A detailed analysis of emerging use cases for wearable tech in the oil and gas industry
  •  An overview of major application areas of wearable tech in the oil and gas industry
  •  Detailed analysis of use cases across industry verticals

 

This report enables the reader to explore the concept of wearable tech in the oil and gas industry and understand its importance. The reader will be able to use data and unmet needs to develop a plan for products, and identify key oil and gas companies and technology providers. Using case studies which highlight the growth in the use of wearable tech, the reader will be able to address challenges and maximise success.

To learn more about this report, visit GlobalData’s Report Store.