Global Digital Oilfield Market 2017-2021

  • ID: 4115360
  • Report
  • Region: Global
  • 88 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Emerson Electric
  • Halliburton
  • Moxa
  • Redline Communications
  • Shell
  • MORE
About Digital Oilfield Market

Digital oilfields refer to the application of advanced software, hardware, and data analysis techniques to increase the exploration and production efficiency of oil and gas fields.

The analysts forecast the global digital oilfield market to grow at a CAGR of 4.68% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global digital oilfield market for 2017-2021. To calculate the market size, the report covers the present scenario and the growth prospects of the global digital oilfield market for the period 2017-2021.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Digital Oilfield Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Baker Hughes
- Halliburton
- Honeywell International
- Schlumberger
- Weatherford International

Other prominent vendors
- ABB
- Accenture
- China National Petroleum Corporation
- eLynx Technologies
- Emerson Electric
- Enbase Energy Technology
- ExxonMobil
- GlobaLogix
- Kongsberg Gruppen
- MicroSeismic
- Moxa
- Paradigm
- Pason Systems
- Petrolink
- Redline Communications
- Rockwell Automation
- Schneider Electric
- Shell
- Siemens
- Sinopec

Market drivers
- Migration of drilling into unconventional areas
- For a full, detailed list, view the full report

Market challenges
- Cyber security concerns
- For a full, detailed list, view the full report

Market trends
- Growth of unconventional resources
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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2 of 5

FEATURED COMPANIES

  • ABB
  • Emerson Electric
  • Halliburton
  • Moxa
  • Redline Communications
  • Shell
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by technology and services

Global digital oilfield market by technology and services

Global digital oilfield market by services

Global digital oilfield market by software

Global digital oilfield market by hardware

PART 07: Geographical segmentation

Global digital oilfield market by geography

Digital oilfield market in the Americas

Digital oilfield market in EMEA

Digital oilfield market in APAC

PART 08: Market drivers

Migration of drilling into unconventional areas

Constant demand for oil and gas

Reduction in production costs

Increase in E&P activities post seismic survey implementation

Demand for real-time information

PART 09: Impact of drivers

PART 10: Market challenges

Cyber security concerns

Decreasing oil rig counts

Focus on reduction of NPT

PART 11: Impact of drivers and challenges

PART 12: Market trends

Growth of unconventional resources

Development of 4D seismic survey technology

Growing use of big data analytics and IoT

Seismic integration to reduce exploration risk

PART 13: Vendor landscape

Competitive scenario

Other prominent vendors

PART 14: Key vendor analysis

Baker Hughes

Halliburton

Honeywell International

Schlumberger

Weatherford International

PART 15: Appendix

List of abbreviations

PART 16: About the Author

List of Exhibits
Exhibit 01: Different stages in a typical petroleum value chain
Exhibit 02: Different stages of oil and gas upstream activities
Exhibit 03: Digital oilfield overview
Exhibit 04: Overview of digital oilfield technologies
Exhibit 05: Global digital oilfield market
Exhibit 06: Global digital oilfield market 2016-2021 ($ billions)
Exhibit 07: Five forces analysis
Exhibit 08: Global digital oilfield market by technology and services 2016 and 2021 (%)
Exhibit 09: Global digital oilfield market by technology and services 2016-2021 ($ billions)
Exhibit 10: Global digital oilfield market by services 2016-2021 ($ billions)
Exhibit 11: Global digital oilfield market by software ($ billions)
Exhibit 12: Global digital oilfield market by hardware 2016-2021 ($ billions)
Exhibit 13: Global digital oilfield market by geography 2016 and 2021 (%)
Exhibit 14: Global digital oilfield market by geography 2016-2021 ($ billions)
Exhibit 15: Digital oilfield market in the Americas 2016-2021 ($ billions)
Exhibit 16: Digital oilfield market in EMEA 2016-2021 ($ billions)
Exhibit 17: Digital oilfield market in APAC 2016-2021 ($ billions)
Exhibit 18: Shifting base of hydrocarbon exploration
Exhibit 19: Global oil production 2010-2015 (KBPD)
Exhibit 20: Historical trend of E&P activities after implementation of seismic surveys 1993-2001
Exhibit 21: Impact of drivers
Exhibit 22: Global rig count 2014-2015 (unit)
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Evolution of seismic survey techniques 1968-2013
Exhibit 25: Other prominent vendors
Exhibit 26: Baker Hughes: Business segmentation 2015
Exhibit 27: Bake Hughes: Geographical segmentation 2015
Exhibit 28: Halliburton: Business segmentation 2015
Exhibit 29: Honeywell International: Business segmentation 2015
Exhibit 30: Honeywell International: Geographical segmentation 2015
Exhibit 31: Schlumberger: Business segmentation 2015
Exhibit 32: Schlumberger: Geographical segmentation 2015
Exhibit 33: Weatherford International: Business segmentation 2015
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FEATURED COMPANIES

  • ABB
  • Emerson Electric
  • Halliburton
  • Moxa
  • Redline Communications
  • Shell
  • MORE
New Report Released: – Global Digital Oilfield Market 2017-2021

The author of the report recognizes the following companies as the key players in the global digital oilfield market: Baker Hughes, Halliburton, Honeywell International, Schlumberger, and Weatherford International.

Other Prominent Vendors in the market are: ABB, Accenture, China National Petroleum Corporation, eLynx Technologies, Emerson Electric, Enbase Energy Technology, ExxonMobil, GlobaLogix, Kongsberg Gruppen, MicroSeismic, Moxa, Paradigm, Pason Systems, Petrolink, Redline Communications, Rockwell Automation, Schneider Electric, Shell, Siemens, and Sinopec.

Commenting on the report, an analyst from the research team said: “One trend in the market is the growth of unconventional resources. The growing demand from India, China, and the countries in the Middle East are pushing the oil and gas industry to explore the various unconventional forms of energy such as shale gas. According to the World Energy Outlook of the International Energy Agency (IEA), the demand for energy may rise by more than a third by 2035 owing to a 60% growth in standards of living in India, China, and the Middle Eastern countries. The IEA predicted that the US will likely overtake Russia and Saudi Arabia by 2017 and aims at becoming a net explorer of oil by 2030.”

According to the report, one driver in the market is the migration of drilling into unconventional areas. One of the most striking outcomes of the current generation of oil and gas exploration is the reaffirmation of the fact that the era of easy oil is coming to an end. This has resulted not only in inflated costs of hydrocarbon acquisition but also displaced the operations geographically. Much of the past century reported drilling operations at established locations in the world. The major hydrocarbon-rich regions around the globe were identified in the early 20th century, and most operations were based out of these areas for the next century or so. However, things have started to change significantly now, and the E&P companies have started to look at unconventional avenues for exploration.

Further, the report states that one challenge in the market is the cyber security concerns. Cyber-attacks are one of the main concerns in the global oil and gas industry. The growing adoption of smart oilfield technologies has made oil and gas companies dependent on data generation and analysis to sustain their production. With advances in technology, the risks associated with cyber thefts have also increased.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Baker Hughes
  • Halliburton
  • Honeywell International
  • Schlumberger
  • Weatherford International
  • ABB
  • Accenture
  • China National Petroleum Corporation
  • eLynx Technologies
  • Emerson Electric
  • Enbase Energy Technology
  • ExxonMobil
  • GlobaLogix
  • Kongsberg Gruppen
  • MicroSeismic
  • Moxa
  • Paradigm
  • Pason Systems
  • Petrolink
  • Redline Communications
  • Rockwell Automation
  • Schneider Electric
  • Shell
  • Siemens
  • Sinopec
Note: Product cover images may vary from those shown
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