This section presents the scope of the report and provides definitions for the key services involved in reservoir analysis. In this report, the market segments are defined as below: Reservoir analysis: Reservoir analysis includes the study of various rock layers; it is a means to understand the behavior of a reservoir based on its permeability, porosity, temperature, pressure, volume, porous media properties, distribution of oil and water, and reservoir performance. The goal of reservoir analysis is to describe a reservoir in detail and generate 3D/4D data for its development. Reservoir sampling services: Reservoir sampling services include reservoir fluid sampling, well site analysis, sample management, fluid laboratory analysis, rock laboratory services, and rock and fluid sample analysis pressure, volume, and temperature (PVT) analysis and core analysis). Data acquisition and monitoring: This includes memory gauges, surface readout tools, and surface measuring equipment, which is used to get accurate and real-time data about a well. Reservoir simulation and geomodeling: Reservoir simulation is the process of gathering or representing the behavior of fluid flow in a petroleum reservoir system through the use of physical or mathematical models.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.