ADI Analytics conducted a technology assessment and market sizing study to support an integrated oil and gas major’s evaluation of a new corrosion monitoring technology.
The client
An integrated oil and gas major evaluating a new corrosion monitoring technology for oil and gas facilities.
The situation
The client needed an independent evaluation of the market potential, customer receptivity, and competitive positioning of a new corrosion monitoring technology.
ADI’s contributions
Technology adoption modeling
Developed multiple adoption S-curves based on comparable technology uptake rates.
Market drivers and growth analysis
Identified key market drivers and projected growth rates under high and low oil price scenarios based on analogous technologies.
Market sizing and uncertainty modeling
Estimated the market size and quantified uncertainties using Monte Carlo analysis across variables such as price, adoption rate, and number of sensors per facility.
Competitive landscape assessment
Examined competing technologies and companies to evaluate strengths, weaknesses, and the new technology’s competitive positioning.
Key outcomes
- ADI’s analysis equipped the client with a clear view of market potential, competitive dynamics, and customer adoption drivers to inform commercialization strategy.
More insights
Utility capital projects & 2026 energy trends
Utility capital projects are facing mounting delays and cost pressures in 2026, even as AI-driven demand fuels record capex. Meanwhile, the upstream oil and gas market is stabilizing around a normalizing shale cost curve, bulk liquid storage operators are shifting toward capability-driven growth, and the energy transition is exposing critical minerals bottlenecks that are pushing […]
U.S. refining capacity is gradually consolidating into larger, more complex facilities
U.S. refining capacity shows limited overall growth, but the structure of the system is shifting. Expansions at large, complex refineries are driving changes on the supply side, while smaller plants face cost and operational constraints that are forcing exits. This is steadily concentrating capacity in fewer, more sophisticated facilities. Key drivers capacity consolidation: Geographic concentration […]
Record utility spending meets project reality
U.S. utilities are entering the largest capital deployment cycle in their history, with total spending projected to reach roughly $1.4 trillion through 2030 and annual capex growing at double-digit rates. The single biggest driver behind this surge is the rapid growth in AI and data centers. Hyperscale facilities are significantly increasing load demand, often on […]