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Oilfield Communications - Global Market Trajectory & Analytics

  • ID: 3633911
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ABB Ltd.
  • Alcatel-Lucent Enterprise
  • Inmarsat plc
  • ITC Global
  • RigNet, Inc.
  • Weatherford International
  • MORE
Global Oilfield Communications Market to Reach $4.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Oilfield Communications estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 4.2% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$4.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 1.7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $977.6 Million, While China is Forecast to Grow at 7.5% CAGR

The Oilfield Communications market in the U.S. is estimated at US$977.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 3.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

Select Competitors (Total 41 Featured):
  • ABB Ltd.
  • Alcatel-Lucent Enterprise
  • Ceragon Networks Ltd. Halliburton
  • Huawei Technologies Co. Ltd.
  • Hughes Network Systems LLC
  • Inmarsat plc
  • ITC Global
  • Redline Communications Group
  • RigNet, Inc.
  • Weatherford International
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd.
  • Alcatel-Lucent Enterprise
  • Inmarsat plc
  • ITC Global
  • RigNet, Inc.
  • Weatherford International
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Oilfield Communications - A Critical Part of Oil & Gas Industry
  • Recent Market Activity
  • Current & Future Analysis
  • Communication Providers Focus on Expanding Geographic Reach
  • Volatile Oil Prices Lay Emphasis on Importance of Effective Communications
  • Communication Solutions and Services in Upstream Sector
  • Preferred Technologies in Oil & Gas Exploration and Production
  • Global Market for VSAT
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • ABB Ltd. (Switzerland)
  • Alcatel-Lucent S.A. (France)
  • Ceragon Networks Ltd. (USA)
  • Halliburton (USA)
  • Huawei Technologies Co., Ltd. (China)
  • Hughes Network Systems LLC (USA)
  • Inmarsat plc (UK)
  • ITC Global (USA)
  • Oz Oil and Gas, Inc. (USA)
  • Redline Communications Group (Canada)
  • RigNet, Inc. (USA)
  • SpeedCast International Limited (Australia)
  • Weatherford International Ltd. (USA)
3. MARKET TRENDS & DRIVERS
  • Growing Demand for Industrial IoT in the Oil & Gas Sector
  • Cloud Hosting Gains Traction in Oil and Gas Industry
  • Unified Collaboration Grows in Demand
  • Rise in Popularity of Wireless Networks in the Oil & Gas Sector
  • Subsea Fiber-Optic Networks Find New Opportunities
  • Rise in Acceptance of M2M Apps in the Oil & Gas Sector
  • Need for Integrated Safety Solutions Drives the Adoption of SCADA in the Oil & Gas Sector
  • Applications for SCADA in the Oil & Gas Sector
  • IP SCADA Gains Popularity in the Oil & Gas Sector
  • Video Surveillance - A Critical Need
  • Big Data Analysis Gains Significance
  • Growing Demand for LTE Technology in Oilfield Operations
  • Visualization of Production Processes
  • Security Monitoring
  • Growth in Digital Oilfields Drives the Need for Advanced Communication Technologies
  • Rise in Deployment of Onshore Oilfield Production Communications Solutions
  • Rise in Deployment of High Throughput Satellite Solutions
  • Technology Advancements Drive Growth
  • Deep Water Drilling Opens New Opportunities
  • Shale Gas Exploration and Production Drive Adoption of Oilfield Communications
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Oilfield Communications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Oilfield Communications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 7: USA Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 8: USA 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • CANADA
  • Table 9: Canada Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 10: Canada 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • JAPAN
  • Table 11: Japan Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 12: Japan 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • CHINA
  • Table 13: China Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 14: China 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • EUROPE
  • Table 15: Europe Current & Future Analysis for Oilfield Communications by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 16: Europe 7-Year Perspective for Oilfield Communications by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2020 & 2027
  • Table 17: Europe Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: Europe 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • FRANCE
  • Table 19: France Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: France 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • GERMANY
  • Table 21: Germany Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: Germany 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • ITALY
  • Table 23: Italy Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Italy 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • UNITED KINGDOM
  • Table 25: UK Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: UK 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • SPAIN
  • Table 27: Spain Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Spain 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • RUSSIA
  • Table 29: Russia Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: Russia 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • REST OF EUROPE
  • Table 31: Rest of Europe Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 32: Rest of Europe 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • ASIA-PACIFIC
  • Table 33: Asia-Pacific Current & Future Analysis for Oilfield Communications by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 34: Asia-Pacific 7-Year Perspective for Oilfield Communications by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2020 & 2027
  • Table 35: Asia-Pacific Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Asia-Pacific 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • AUSTRALIA
  • Table 37: Australia Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: Australia 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • INDIA
  • Table 39: India Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 40: India 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • SOUTH KOREA
  • Table 41: South Korea Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: South Korea 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • REST OF ASIA-PACIFIC
  • Table 43: Rest of Asia-Pacific Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Rest of Asia-Pacific 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • LATIN AMERICA
  • Table 45: Latin America Current & Future Analysis for Oilfield Communications by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 46: Latin America 7-Year Perspective for Oilfield Communications by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2020 & 2027
  • Table 47: Latin America Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Latin America 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • ARGENTINA
  • Table 49: Argentina Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Argentina 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • BRAZIL
  • Table 51: Brazil Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 52: Brazil 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • MEXICO
  • Table 53: Mexico Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Mexico 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • REST OF LATIN AMERICA
  • Table 55: Rest of Latin America Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Latin America 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • MIDDLE EAST
  • Table 57: Middle East Current & Future Analysis for Oilfield Communications by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 58: Middle East 7-Year Perspective for Oilfield Communications by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2020 & 2027
  • Table 59: Middle East Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 60: Middle East 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • IRAN
  • Table 61: Iran Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 62: Iran 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • ISRAEL
  • Table 63: Israel Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 64: Israel 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • SAUDI ARABIA
  • Table 65: Saudi Arabia Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 66: Saudi Arabia 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • UNITED ARAB EMIRATES
  • Table 67: UAE Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 68: UAE 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • REST OF MIDDLE EAST
  • Table 69: Rest of Middle East Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 70: Rest of Middle East 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
  • AFRICA
  • Table 71: Africa Current & Future Analysis for Oilfield Communications by Type - Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 72: Africa 7-Year Perspective for Oilfield Communications by Type - Percentage Breakdown of Value Sales for Solutions and Services for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ABB Ltd.
  • Alcatel-Lucent Enterprise
  • Ceragon Networks Ltd. Halliburton
  • Huawei Technologies Co. Ltd.
  • Hughes Network Systems LLC
  • Inmarsat plc
  • ITC Global
  • Redline Communications Group
  • RigNet, Inc.
  • Weatherford International
Note: Product cover images may vary from those shown
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