Global Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others), By Solution (Instrumentation & Automation Vs. IT Services), By Region, Competition Forecast & Opportunities, 2012-2022

  • ID: 4200923
  • Report
  • Region: Global
  • 168 pages
  • TechSci Research
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Digital Oilfield is Anticipated to Cross $17.8 Billion by 2022

FEATURED COMPANIES

  • ABB Ltd
  • Baker Hughes Incorporated
  • Dell EMC
  • General Electric Company
  • Kongsberg Gruppen
  • Pason Systems Corp.
  • MORE

Digital oilfield is a solution that integrates various processes within the oilfield, starting from initial exploration to production optimization. It integrates the myriad amount of real time data gathered from various sensors installed at different processes in the oilfield through secure network solutions to remote field operators and higher management through interactive user interface consoles. In the present times, digital oilfields are increasingly becoming important for upstream companies owing to fluctuating crude oil prices.

Companies are required to reduce their operational expenditure, and ensure proper utilization of available resources in an economical way to bring down the cost of exploration & production activities, and digital oilfield is the answer to the challenges being faced by operators around the world. Increase in demand for oil & gas is motivating companies to move towards offshore locations in the search of hydrocarbon due to maturing onshore wells. With the development of new offshore fields, an increase in demand for digital oilfield technologies is expected in coming years, as these technologies help in optimizing exploration & drilling process, thereby reducing the unproductive time and rig downtime.

According to “Global Digital Oilfield Market By Process, By Solution, By Region, Competition Forecast & Opportunities, 2012-2022”, the global market of digital oilfield is anticipated to cross $17.8 Billion by 2022. On the basis of process, global digital oilfield market has been broadly segmented into drilling optimization, production optimization, reservoir optimization, & others. Among these categories, drilling optimization dominated global digital oilfield market in 2016 due to high operational costs involved in drilling process. However, the scenario is expected to change during forecast period, and production optimization segment is expected to dominate global digital oilfield market in 2022, on account of increasing demand from filed operators, as oil production is dwindling and hydrocarbon recovery rates are to be improved. North America is the largest consumer of digital oilfield across the globe owing to increasing offshore field development activities being undertaken in the Gulf of Mexico.

“Global Digital Oilfield Market By Process, By Solution, By Region, Competition Forecast & Opportunities, 2012-2022” discusses the following aspects of global digital oilfield market:

  • Global Digital Oilfield Market Size, Share & Forecast
  • Segmental Analysis - By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others), By Solution (Instrumentation & Automation Vs. IT Services)
  • Regional Analysis - North America, Europe, Asia-Pacific, Middle East & Africa, and South America
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of global digital oilfield market
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, digital oilfield service providers, vendors, dealers other stakeholders align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail of 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interaction with digital oilfield service providers, distributors, channel partners and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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FEATURED COMPANIES

  • ABB Ltd
  • Baker Hughes Incorporated
  • Dell EMC
  • General Electric Company
  • Kongsberg Gruppen
  • Pason Systems Corp.
  • MORE

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Digital Oilfield Market Outlook
4.1. Industry Structure & Stakeholders
4.2. Market Size & Forecast
4.2.1. By Value
4.3. Market Share & Forecast
4.3.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
4.3.2. By Solution (Instrumentation & Automation Vs. IT Services)
4.3.2.1. By Component (Instrumentation & Automation - SCADA, DCS, PLC, and Others)
4.3.3. By Region
4.3.4. By Company
4.4. Market Attractiveness Index

5. North America Digital Oilfield Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
5.2.2. By Solution (Instrumentation & Automation Vs. IT Services)
5.3. By Country
5.3.1. United States Digital Oilfield Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Process & Solution
5.3.2. Canada Digital Oilfield Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Process & Solution
5.3.3. Mexico Digital Oilfield Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Process & Solution

6. Europe Digital Oilfield Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
6.2.2. By Solution (Instrumentation & Automation Vs. IT Services)
6.3. By Country
6.3.1. Russia Digital Oilfield Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Process & Solution
6.3.2. Norway Digital Oilfield Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Process & Solution
6.3.3. United Kingdom Digital Oilfield Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Process & Solution
6.3.4. Italy Digital Oilfield Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Process & Solution
6.3.5. Netherlands Digital Oilfield Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Process & Solution

7. Asia-Pacific Digital Oilfield Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
7.2.2. By Solution (Instrumentation & Automation Vs. IT Services)
7.3. By Country
7.3.1. China Digital Oilfield Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Process & Solution
7.3.2. India Digital Oilfield Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Process & Solution
7.3.3. Indonesia Digital Oilfield Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Process & Solution
7.3.4. Australia Digital Oilfield Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Process & Solution
7.3.5. Malaysia Digital Oilfield Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Process & Solution

8. Middle East & Africa Digital Oilfield Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
8.2.2. By Solution (Instrumentation & Automation Vs. IT Services)
8.3. By Country
8.3.1. Saudi Arabia Digital Oilfield Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Process & Solution
8.3.2. Iran Digital Oilfield Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Process & Solution
8.3.3. UAE Digital Oilfield Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Process & Solution
8.3.4. Algeria Digital Oilfield Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Process & Solution
8.3.5. Kuwait Digital Oilfield Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Process & Solution

9. South America Digital Oilfield Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)
9.2.2. By Solution (Instrumentation & Automation Vs. IT Services)
9.3. By Country
9.3.1. Brazil Digital Oilfield Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Process & Solution
9.3.2. Argentina Digital Oilfield Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Process & Solution
9.3.3. Venezuela Digital Oilfield Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Process & Solution

10. Market Dynamics
10.1. Drivers
10.2. Challenges

11. Market Trends & Developments
11.1. Growing Investments in Offshore Exploration & Production
11.2. Increasing Partnerships and Joint Ventures
11.3. Growing Consolidation in Digital Oilfield Industry
11.4. Rising Production from Offshore Fields
11.5. Revenue Generation through Aftermarket Services
11.6. Rising Investments in Research & Development
11.7. Downturn in Oil & Gas Industry
11.8. Implementation of Stringent Regulations for Offshore E&P Activities

12. Competitive Landscape
12.1. Competition Matrix
12.2. Company Profiles
12.2.1. Schlumberger Limited
12.2.2. Halliburton
12.2.3. Baker Hughes Incorporated
12.2.4. Sinopec Oilfield Service Corporation
12.2.5. Honeywell International Inc
12.2.6. Siemens AG
12.2.7. National Oilwell Varco, Inc.
12.2.8. ABB Ltd
12.2.9. Kongsberg Gruppen
12.2.10. Cisco Systems, Inc
12.2.11. Emerson Electric Co.
12.2.12. General Electric Company
12.2.13. Weatherford International plc
12.2.14. Rockwell Automation, Inc.
12.2.15. Pason Systems Corp.
12.2.16. International Business Machines (IBM) Corporation
12.2.17. Accenture PLC
12.2.18. Wipro Limited
12.2.19. Dell EMC
12.2.20. Paradigm

13. Strategic Recommendations

List of Figures

Figure 1: Industry Structure & Stakeholders of Global Digital Oilfield Market
Figure 2: Global Digital Oilfield Market Size, By Value, 2012-2022F (USD Billion)
Figure 3: Global Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 4: Global Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 5: Global Instrumentation & Automation Market Share, By Component, By Value, 2012 - 2022F
Figure 6: Global Digital Oilfield Market Share, By Region, By Value, 2016 & 2022F
Figure 7: Global Digital Oilfield Market Share, By Company, By Value, 2016 & 2022F
Figure 8: Global Digital Oilfield Market Attractiveness Index, By Process, By Value, 2016-2022F
Figure 9: Global Digital Oilfield Market Attractiveness Index, By Solution, By Value, 2016-2022F
Figure 10: Global Digital Oilfield Market Attractiveness Index, By Region, By Value, 2016-2022F
Figure 11: North America Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 12: North America Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 13: North America Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 14: North America Digital Oilfield Market Share, By Country, By Value, 2012 - 2022F
Figure 15: United States Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 16: United States Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 17: United States Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 18: Canada Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 19: Canada Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 20: Canada Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 21: Mexico Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 22: Mexico Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 23: Mexico Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 24: Europe Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 25: Europe Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 26: Europe Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 27: Europe Digital Oilfield Market Share, By Country, By Value, 2012 - 2022F
Figure 28: Russia Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 29: Russia Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 30: Russia Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 31: Norway Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 32: Norway Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 33: Norway Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 34: United Kingdom Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 35: United Kingdom Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 36: United Kingdom Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 37: Italy Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 38: Italy Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 39: Italy Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 40: Netherlands Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 41: Netherlands Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 42: Netherlands Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 43: Asia-Pacific Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 44: Asia-Pacific Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 45: Asia-Pacific Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 46: Asia-Pacific Digital Oilfield Market Share, By Country, By Value, 2012 - 2022F
Figure 47: China Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 48: China Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 49: China Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 50: India Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 51: India Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 52: India Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 53: Indonesia Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 54: Indonesia Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 55: Indonesia Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 56: Australia Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 57: Australia Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 58: Australia Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 59: Malaysia Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 60: Malaysia Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 61: Malaysia Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 62: Middle East & Africa Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 63: Middle East & Africa Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 64: Middle East & Africa Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 65: Middle East & Africa Digital Oilfield Market Share, By Country, By Value, 2012 - 2022F
Figure 66: Saudi Arabia Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 67: Saudi Arabia Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 68: Saudi Arabia Digital Oilfield Market Share, By Solution, By Value, 2016 & 2022F
Figure 69: Iran Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 70: Iran Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 71: Iran Digital Oilfield Market Share, By Solution, By Value, 2016 & 2022F
Figure 72: UAE Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 73: UAE Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 74: UAE Digital Oilfield Market Share, By Solution, By Value, 2016 & 2022F
Figure 75: Algeria Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 76: Algeria Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 77: Algeria Digital Oilfield Market Share, By Solution, By Value, 2016 & 2022F
Figure 78: Kuwait Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 79: Kuwait Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 80: Kuwait Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 81: South America Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 82: South America Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 83: South America Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 84: South America Digital Oilfield Market Share, By Country, By Value, 2012 - 2022F
Figure 85: Brazil Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 86: Brazil Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 87: Brazil Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 88: Argentina Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 89: Argentina Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 90: Argentina Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F
Figure 91: Venezuela Digital Oilfield Market Size, By Value, 2012 - 2022F (USD Billion)
Figure 92: Venezuela Digital Oilfield Market Share, By Process, By Value, 2012 - 2022F
Figure 93: Venezuela Digital Oilfield Market Share, By Solution, By Value, 2012 - 2022F

List of Tables

Table 1: Global Energy Mix, By Fuel Type, 2010 & 2015
Table 2: Global Investments (Cumulative) in Gas Sector, Energy Supply and Energy Efficiency, By Region, 2014-2035F (USD Billion)
Table 3: North America Rig Count, By Country, 2012-2016
Table 4: Europe Rig Count, By Country, 2012-2016
Table 5: Asia-Pacific Rig Count, By Country, 2012-2016
Table 6: Middle East & Africa Rig Count, By Country, 2012-2016
Table 7: South America Rig Count, By Country, 2012-2016
Table 8: List of Major Partnerships in Digital Oilfield Industry, 2016
Table 9: List of Major Mergers & Acquisitions in Global Digital Oilfield Industry

Note: Product cover images may vary from those shown
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  • ABB Ltd
  • Accenture PLC
  • Baker Hughes Incorporated
  • Cisco Systems, Inc
  • Dell EMC
  • Emerson Electric Co.
  • General Electric Company
  • Halliburton
  • Honeywell International Inc
  • International Business Machines (IBM) Corporation
  • Kongsberg Gruppen
  • National Oilwell Varco, Inc.
  • Paradigm
  • Pason Systems Corp.
  • Rockwell Automation, Inc.
  • Schlumberger Limited
  • Siemens AG
  • Sinopec Oilfield Service Corporation
  • Weatherford International plc
  • Wipro Limited
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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