We have an updated report [Version - 2023] available. Kindly sign up to get the sample of the report.
Telecom and IT industry

Digital Oilfield Solutions Market 2020 By Manufacturers, Regions, Type, And Application, Forecast To 2026

  • Code : SMI19278
  • Pages : 110
  • Date : Feb, 2020
  • Category : Telecom and IT
  • Publisher : SMI
  • Format : CMI Insight PPT FormatSMI Insight PDF Format



 

Impact Analysis of Covid-19

The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Summary

The global Digital Oilfield Solutions Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019. 

Increasing consumption of oil is expected to propel growth of global digital oilfield solutions market over the forecast period. For instance, according to the International Energy Agency, the U.S. alone will cover 80% of the world’s oil demand from 2018 to 2020.

Government initiatives to boost digitalization in the oil and gas sector is expected to offer lucrative growth opportunities for players in the global digital oilfields solutions market. For instance, in February 2021, The Egyptian Ministry of Petroleum and Schlumberger launched Egypt Upstream Gateway, a national project for the digitalization of subsurface information.

Decline in the oil and gas sector is expected to hinder growth of the digital oilfield solutions market. For instance, according to Fitch Ratings Inc., the U.S.-based credit rating agency, the oil and gas sector is expected to lose US$1.8 trillion in 2020.

The digital oilfield solutions market is witnessing several M&A activities. For instance, in February 2021, Baker Hughes, an industrial service company, acquired ARMS Reliability, a provider of reliability solutions to mining, oil and gas, power, manufacturing, and utilities industries.

Major players operating in the digital oilfield solutions market are focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in February 2021, OPEX Group, data analytics and predictive technology solutions provider for the oil and gas industry, entered into a long-term collaboration with North Sea oil and gas operator, Dana Petroleum, to apply its X-PAS analytics platform across the firm’s Triton and Western Isles FPSO assets.

Major players operating in the digital oilfield solutions market are also focused on launching new products to expand their product portfolio. For instance, in 2020, Huawei launched its fully digital oilfield IoT solution at the Nigeria International Petroleum Summit 2020.

Key Takeaways

Increasing consumption of oil is expected to propel growth of global digital oilfield solutions market over the forecast period

Major players operating in the digital oilfield solutions market are focused on adopting collaboration and partnership strategies to enhance their market share. For instance, in February 2021, Well Data Labs formed a strategic alliance with HUNTING PLC, an energy services provider to the world's leading national and international oil and gas companies. Under the agreement, HUNTING PLC agreed to provide Well Data Labs with US$ 2.5 million in convertible capital financing to support WDL's growth in the onshore technical well data analytics market.

Major players operating in the digital oilfield solutions market include, ABB, Emerson Electric, Rockwell Automation, Siemens AG, OPEX Group, Well Data Labs, Huawei, Schneider Electric, Honeywell International Inc., and General Electric

The Digital Oilfield Solutions Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Digital Oilfield Solutions Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.

The Key Manufacturers covered in this Report:-

  • ABB
  • Emerson Electric
  • Rockwell Automation
  • Siemens AG
  • Schneider Electric
  • Honeywell International Inc
  • General Electric
  • ...

By the Product Type, the market is primarily segmented into:

  • Hardware
  • Software
  • Services

By Applications, the market is segmented into:

  • Automation Solutions
  • Instrumentation

The Report covers the following Regions:

  • North America
    • United States
    • Canada
    • Mexico
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Indonesia
    • Thailand
    • Malaysia
    • Philippines
    • Vietnam
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Turkey
    • GCC Countries
    • Egypt
    • South Africa

Objective of the Digital Oilfield Solutions Market Report:

  • To assess the size of the market by value and volume
  • Analyze the Digital Oilfield Solutions Market in terms of regions and major countries
  • Highlight recent developments and trends in the market
  • Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
  • Determine share of the Digital Oilfield Solutions Market in terms of various segments such as by product type, application, and end-user
  • Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
  • Discuss major factors that impact growth of the Digital Oilfield Solutions Market

The Digital Oilfield Solutions Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Digital Oilfield Solutions Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders:

  • Material suppliers/wholesalers
  • Market Distributors/traders
  • Regulatory bodies
  • Research organizations, and consulting firms
  • Commercial research & developments (R&D)
  • Trade associations and industry bodies
  • Importers and exporters
  • End-use industries

Available Customizations:

Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

 

Table of Contents

Digital Oilfield Solutions Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Digital Oilfield Solutions
1.1 Digital Oilfield Solutions Market Overview
1.1.1 Digital Oilfield Solutions Product Scope
1.1.2 Market Status and Outlook
1.2 Global Digital Oilfield Solutions Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Digital Oilfield Solutions Market by Type
1.3.1 Global Digital Oilfield Solutions Revenue (Million US$) and Growth Comparison by Type (2014-2025)
1.3.2 Global Digital Oilfield Solutions Revenue Market Share by Type in 2018
1.3.3 Hardware
1.3.4 Software
1.3.5 Services
1.4 Digital Oilfield Solutions Market by End Users/Application
1.4.1 Automation Solutions
1.4.2 Instrumentation

2 Global Digital Oilfield Solutions Competition Analysis by Players
2.1 Global Digital Oilfield Solutions Market Size (Million US$) by Players (2014-2019)
2.2 Competitive Status
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 Mergers & Acquisitions, Expansion Plans

3 Company (Top Players) Profiles and Key Data
3.1 ABB
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 Emerson Electric
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 Rockwell Automation
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Siemens AG
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 Schneider Electric
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.5.5 Recent Developments
3.6 Honeywell International Inc
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.6.5 Recent Developments
3.7 General Electric
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Digital Oilfield Solutions Revenue (Value) (2014-2019)
3.7.5 Recent Developments
...

4 Global Digital Oilfield Solutions Market Size by Type and Application (2014-2019)
4.1 Global Digital Oilfield Solutions Market Size by Type (2014-2019)
4.2 Global Digital Oilfield Solutions Market Size by Application (2014-2019)
4.3 Potential Application of Digital Oilfield Solutions in Future
4.4 Top Consumer/End Users of Digital Oilfield Solutions

5 North America Digital Oilfield Solutions Development Status and Outlook
5.1 North America Digital Oilfield Solutions Market Size (2014-2019)
5.2 North America Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
5.3 North America Digital Oilfield Solutions Market Size by Application (2014-2019)

6 Europe Digital Oilfield Solutions Development Status and Outlook
6.1 Europe Digital Oilfield Solutions Market Size (2014-2019)
6.2 Europe Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
6.3 Europe Digital Oilfield Solutions Market Size by Application (2014-2019)

7 China Digital Oilfield Solutions Development Status and Outlook
7.1 China Digital Oilfield Solutions Market Size (2014-2019)
7.2 China Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
7.3 China Digital Oilfield Solutions Market Size by Application (2014-2019)

8 Rest of Asia Pacific Digital Oilfield Solutions Development Status and Outlook
8.1 Rest of Asia Pacific Digital Oilfield Solutions Market Size (2014-2019)
8.2 Rest of Asia Pacific Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
8.3 Rest of Asia Pacific Digital Oilfield Solutions Market Size by Application (2014-2019)

9 Central & South America Digital Oilfield Solutions Development Status and Outlook
9.1 Central & South America Digital Oilfield Solutions Market Size (2014-2019)
9.2 Central & South America Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
9.3 Central & South America Digital Oilfield Solutions Market Size by Application (2014-2019)

10 Middle East & Africa Digital Oilfield Solutions Development Status and Outlook
10.1 Middle East & Africa Digital Oilfield Solutions Market Size (2014-2019)
10.2 Middle East & Africa Digital Oilfield Solutions Market Size and Market Share by Players (2014-2019)
10.3 Middle East & Africa Digital Oilfield Solutions Market Size by Application (2014-2019)

11 Market Forecast by Regions and Application (2019-2025)
11.1 Global Digital Oilfield Solutions Market Size by Regions (2019-2025)
11.1.1 North America Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.1.2 Europe Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.1.3 China Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.1.4 Rest of Asia Pacific Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.1.5 Central & South America Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.1.6 Middle East & Africa Digital Oilfield Solutions Revenue and Growth Rate (2019-2025)
11.2 Global Digital Oilfield Solutions Market Size by Application (2019-2025)
11.3 The Market Drivers in Future

12 Digital Oilfield Solutions Market Dynamics
12.1 Industry Trends
12.2 Market Drivers
12.3 Market Challenges
12.4 Porters Five Forces Analysis

13 Research Finding /Conclusion

14 Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
14.4 Author List

List of Table
List of Tables and Figures

Figure Global Digital Oilfield Solutions Market Size (Million USD) Status and Outlook (2014-2025)
Table Global Digital Oilfield Solutions Market Size (Million USD) and Growth Rate by Regions (2014-2025)
Figure Global Digital Oilfield Solutions Market Share by Regions (2014-2019)
Figure North America Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure Europe Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure China Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rest of Asia Pacific Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure Central & South America Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure Middle East & Africa Digital Oilfield Solutions Market Size (Million USD) and Growth Rate (2014-2019)
Figure Global Digital Oilfield Solutions Market Share by Type in 2018 & 2025
Figure Hardware Market Size (Million USD) and Growth Rate (2014-2019)
Figure Software Market Size (Million USD) and Growth Rate (2014-2019)
Figure Services Market Size (Million USD) and Growth Rate (2014-2019)
Table Global Digital Oilfield Solutions Market Size (Million US$) Comparison by Application (2014-2025)
Figure Global Digital Oilfield Solutions Market Share by Application in 2018 & 2025
Figure Digital Oilfield Solutions Market Size (Million USD) and Growth Rate in Automation Solutions (2014-2019)
Figure Digital Oilfield Solutions Market Size (Million USD) and Growth Rate in Instrumentation (2014-2019)
Table Global Digital Oilfield Solutions Revenue (Million US$) by Players (2014-2019)
Table Global Digital Oilfield Solutions Revenue Market Share by Players (2014-2019)
Eigure Digital Oilfield Solutions Market Size Share by Players in 2018
Table Global Digital Oilfield Solutions Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Global Top 5 Players Digital Oilfield Solutions Market Share in 2018
Figure Global Top 10 Players Digital Oilfield Solutions Market Share in 2018
Table Digital Oilfield Solutions Key Players Product/Service
Table Mergers & Acquisitions, Expansion Plans
Table ABB Basic Information List
Table ABB Description and Business Overview
Table ABB Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of ABB (2014-2019)
Table ABB Digital Oilfield Solutions Recent Developments
Table Emerson Electric Basic Information List
Table Emerson Electric Description and Business Overview
Table Emerson Electric Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of Emerson Electric (2014-2019)
Table Emerson Electric Digital Oilfield Solutions Recent Developments
Table Rockwell Automation Basic Information List
Table Rockwell Automation Description and Business Overview
Table Rockwell Automation Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of Rockwell Automation (2014-2019)
Table Rockwell Automation Digital Oilfield Solutions Recent Developments
Table Siemens AG Basic Information List
Table Siemens AG Description and Business Overview
Table Siemens AG Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of Siemens AG (2014-2019)
Table Siemens AG Digital Oilfield Solutions Recent Developments
Table Schneider Electric Basic Information List
Table Schneider Electric Description and Business Overview
Table Schneider Electric Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of Schneider Electric (2014-2019)
Table Schneider Electric Digital Oilfield Solutions Recent Developments
Table Honeywell International Inc Basic Information List
Table Honeywell International Inc Description and Business Overview
Table Honeywell International Inc Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of Honeywell International Inc (2014-2019)
Table Honeywell International Inc Digital Oilfield Solutions Recent Developments
Table General Electric Basic Information List
Table General Electric Description and Business Overview
Table General Electric Digital Oilfield Solutions Products, Services and Solutions
Table Revenue (Million US$) in Digital Oilfield Solutions Business of General Electric (2014-2019)
Table General Electric Digital Oilfield Solutions Recent Developments
Table Global Digital Oilfield Solutions Market Size by Type (2014-2019) (Million US$)
Figure Global Digital Oilfield Solutions Revenue Market Share by Type in 2018
Table Global Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure Global Digital Oilfield Solutions Revenue Market by Application in 2018
Table Top Consumer/End Users of Digital Oilfield Solutions
Figure North America Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table North America Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure North America Digital Oilfield Solutions Market Size Share by Players in 2018
Table North America Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure North America Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure North America Digital Oilfield Solutions Market Size Share by Application in 2018
Figure Europe Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table Europe Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure Europe Digital Oilfield Solutions Market Size Share by Players in 2018
Table Europe Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure Europe Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure Europe Digital Oilfield Solutions Market Size Share by Application in 2018
Figure China Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table China Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure China Digital Oilfield Solutions Market Size Share by Players in 2018
Table China Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure China Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure China Digital Oilfield Solutions Market Size Share by Application in 2018
Figure Rest of Asia Pacific Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table Rest of Asia Pacific Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure Rest of Asia Pacific Digital Oilfield Solutions Market Size Share by Players in 2018
Table Rest of Asia Pacific Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure Rest of Asia Pacific Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure Rest of Asia Pacific Digital Oilfield Solutions Market Size Share by Application in 2018
Figure Central & South America Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table Central & South America Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure Central & South America Digital Oilfield Solutions Market Size Share by Players in 2018
Table Central & South America Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure Central & South America Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure Central & South America Digital Oilfield Solutions Market Size Share by Application in 2018
Figure Middle East & Africa Digital Oilfield Solutions Market Size and Growth Rate(2014-2019) (Million USD)
Table Middle East & Africa Digital Oilfield Solutions Market Size by Players (2014-2019)(Million US$)
Figure Middle East & Africa Digital Oilfield Solutions Market Size Share by Players in 2018
Table Middle East & Africa Digital Oilfield Solutions Market Size by Application (2014-2019) (Million US$)
Figure Middle East & Africa Digital Oilfield Solutions Revenue Market Share by Application (2014-2019)
Figure Middle East & Africa Digital Oilfield Solutions Market Size Share by Application in 2018
Figure Global Digital Oilfield Solutions Market Size and Growth Rate (Value) (2019-2025) (Million US$)
Table Global Digital Oilfield Solutions Market Size by Regions (2019-2025) (Million US$)
Figure Global Digital Oilfield Solutions Market Size Share by Regions (2019-2025)
Figure Global Digital Oilfield Solutions Market Size Share by Regions in 2025
Figure North America Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Figure Europe Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Figure China Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Figure Rest of Asia Pacific Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Figure Central & South America Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Figure Middle East & Africa Digital Oilfield Solutions Revenue (Million USD) and Growth Rate (2019-2025)
Table Global Digital Oilfield Solutions Market Size by Application (2019-2025) (Million USD)
Figure Global Digital Oilfield Solutions Market Size by Application (2019-2025)
Figure Global Digital Oilfield Solutions Market Size by Application in 2025
Table Global Digital Oilfield Solutions Market Size by Type (2019-2025) (Million US$)
Figure Global Digital Oilfield Solutions Market Size by Type (2019-2025)
Figure Global Digital Oilfield Solutions Market Size by Type in 2025
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources

 



Frequently Asked Questions

The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
The report efficiently evaluates the current market size and provides forecast for the industry in terms of Value (US$ Mn) and Volume (Thousands Units).
Market is segmented by Types, Applications, Technology, End-use Industries, and Regions.
The report presents the current market size, and market forecast, market opportunities, key drivers and restraints, regulatory scenario, industry trend, PESTLE analysis, PORTER’s analysis, new product approvals/launch, promotion and marketing initiatives, pricing analysis, competitive landscape which help businesses in decision making. The analysis data is based on current and historical market trends which help in investment related decisions.
Custom research is crucial components of the business strategy which helps any organization to gain insight into specific business sector, aligned with specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.

Get In Touch

In search of customized market research solution? We are here to help you. Contact us.