Communications between offshore facilities and onshore locations some time back were limited to a two-way radio and daily reports. Oilfield workers stationed offshore were cut off from the rest of the world virtually. However, with advancements in communication technologies, the way the offshore industry works has been transformed.
Telecom-based Technological Growth to Drive the Market
Offshore communications have come a long way. Now the real-time communication networks not only allow for personal cell phone use and Wi-Fi connectivity, but also provide real-time transfer of offshore data to onshore offices. Allowing for totally subsea developments and remote unmanned, offshore industry works have been transformed by improved communication systems. There are several communication technologies that can now work singly or in a system to solve offshore communications challenges. The most commonly chosen solution for offshore communications are satellite communications, which require a VSAT at the offshore site and are used many times for vessels that may be in extremely remote locations or on the move. With the help of microwave telecommunications technology, data is transported via wavelengths that measure less than one meter in length. These microwave solutions are chosen for locations that are within proximity to each other. Fiber optical telecommunications are chosen for locations that are in high traffic areas, such as the North Sea or US Gulf of Mexico. Even cellular telecommunications services can be accessible at some places offshore. US Gulf of Mexico has cellular towers installed offshore that allow these cellular communications from rigs and platforms near the coast to onshore locations. All these technologies will lead to the growth of the offshore oil & gas communications market.
North America is Expected to Dominate the Offshore Oil & Gas Communications Market
North America is expected to be most attractive region and will hold largest market share in the offshore oil & gas communications market over the forecast period. This region is said to be the pioneer in this market as it is also the largest oil & gas producer, with companies seeking advanced digital solutions for offshore field operations. The US accounts for largest market share in this region. Besides, capital spending on the oil & gas industry will increase in 2018, which will trigger the growth of the offshore oil & gas communications market.
Key Developments in the Market
- April 2018 - Global Marine Group, which provides fibre optic cable solutions to telecommunications, are building a company drawing on decades of experience in submarine cables that uses engineering capacity to provide clients in new markets with a growing range of services.
- December 2017 - Global Marine Group, a market leader in offshore engineering services to telecommunications and oil & gas industry, announced the launch of Global offshore, a new business unit that will deliver trenching & power cable laying services to the oil & gas sector.
Reasons to Purchase the Report
- Current and future global offshore oil & gas communication market analysis
- Performance of various segments in the market
- Analyzing different perspectives of the market with the help of Porter’s five forces analysis
- Segments and sub-segments expected to dominate the market
- Regions expected to witness expedited growth during the forecast period
- Latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Increase in Demand for Offshore Oilfield Communication Solutions
4.2.2 Telecom-based Technological Growth
4.2.3 Rise in Energy Demand
4.2.4 Advancement in Communication Technologies
4.2.5 Integration of Departments in the Oil and Gas Industry
4.3 Factors Restraining the Market
4.3.1 Risk in Data Transfer
4.3.2 Stringent Regulatory Norms
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
5. Global Offshore Oil & Gas Communication Market
5.1 By Solutions
5.1.1 Upstream Communication Systems
5.1.2 Midstream Communication Systems
5.1.3 Downstream Communication Systems
5.2 By Communication Network Technology
5.2.1 Cellular Communication Network
5.2.2 VSAT Communication Network
5.2.3 Fiber Optic-based Communication Network
5.2.4 Microwave Communication Network
5.3 By Region
5.3.1 North America
188.8.131.52 Rest of Europe
184.108.40.206 Rest of Asia-Pacific
5.3.4 Latin America
220.127.116.11 Rest of Latin America
5.3.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 South Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Rest of Middle East & Africa
6. Competitive Intelligence - Company Profiles
6.1 ABB Ltd.
6.2 Alcatel Lucent S.A.
6.3 Baker Hughes Incorporated
6.4 CommScope Inc.
6.5 Rignet Inc.
6.6 AT&T Inc.
6.7 ERF Wireless Inc.
6.8 Redline Communications Inc.
6.9 ITC Global Inc.
6.10 Harris CapRock Communications Inc.
6.11 Hughes Network Systems, LLC
6.12 Huawei Technologies Co. Ltd
6.13 SpeedCast International Limited
6.14 Tait Communications
6.15 Airspan Networks Inc.
6.16 Commtel Networks, Inc.
*List not Exhaustive
7. Investment Analysis
8. Outlook of Offshore Oil & Gas Communication Market
- ABB Ltd.
- Alcatel Lucent S.A.
- Baker Hughes Incorporated
- CommScope Inc.
- Rignet Inc.
- AT&T Inc.
- ERF Wireless Inc.
- Redline Communications Inc.
- ITC Global Inc.
- Harris CapRock Communications Inc.
- Hughes Network Systems LLC
- Huawei Technologies Co. Ltd
- SpeedCast International Limited
- Tait Communications
- Airspan Networks Inc.
- Commtel Networks Inc.