Market Analysis of Industrial Product

Our product is a downhole valve that functions with wireless transmission via acoustics, electromagnetic pulses or reciprocating motion. Through our preliminary research, we have found that there is a need for this type of valve in the oil & gas industry, specifically in the following applications across a well life cycle:
a) gas lifts & jet pumps
b) DST & well testing
c) multizone monitoring
d) retrofit on wireline
e) observation of pressure trends

This information is a good start but we need more details on the market potential of wirelessly controlled downhole valves. We are looking to get insight on market size, trends, drivers and key competitors across the oil & gas market and any other markets that would apply (i.e. deep sea, mining, etc.). We want to know how these industries will potentially value this technology going forward.