Global Digital Oilfield Market 2021-2025

The publisher has been monitoring the digital oilfield market and it is poised to grow by $ 5.00 bn during 2021-2025, progressing at a CAGR of over 3% during the forecast period. The report on the digital oilfield market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in rig count, drilling activities in remote areas, and increasing complexities of refineries.

The digital oilfield market analysis includes the technology segment and geographic landscape.

The digital oilfield market is segmented as below:

By Technology

Software
Services
Hardware

By Geographical Landscape

MEA
North America
Europe
APAC
South America

This study identifies the increasing applications of digital oilfields as one of the prime reasons driving the digital oilfield market growth during the next few years. Also, the advent of big data analytics and 4D seismic survey technology will lead to sizable demand in the market.

The report on digital oilfield market covers the following areas:

Digital oilfield market sizing
Digital oilfield market forecast
Digital oilfield market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital oilfield market vendors that include ABB Ltd., Emerson Electric Co., General Electric Co., Halliburton Co., Honeywell International Inc., Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, and Weatherford International Plc. Also, the digital oilfield market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary

Market overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five forces analysis 2020 & 2025
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Technology

Market segments
Comparison by Technology
Software - Market size and forecast 2020-2025
Services - Market size and forecast 2020-2025
Hardware - Market size and forecast 2020-2025
Market opportunity by Technology

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
MEA - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity By Geographical Landscape
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
ABB Ltd.
Emerson Electric Co.
General Electric Co.
Halliburton Co.
Honeywell International Inc.
Rockwell Automation Inc.
Schlumberger Ltd.
Schneider Electric SE
Siemens AG
Weatherford International Plc

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits

Key Finding 1
Key Finding 2
Key Finding 3
Key Finding 5
Key Finding 6
Key Finding 7
Key Finding 8
Parent market
Market characteristics
Offerings of vendors included in the market definition
Market segments
Global - Market size and forecast 2020 - 2025 ($ million)
Global market: Year-over-year growth 2020 - 2025 (%)
Five forces analysis 2020 & 2025
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition - Five forces 2020
Technology - Market share 2020-2025 (%)
Comparison by Technology
Software - Market size and forecast 2020-2025 ($ million)
Software - Year-over-year growth 2020-2025 (%)
Services - Market size and forecast 2020-2025 ($ million)
Services - Year-over-year growth 2020-2025 (%)
Hardware - Market size and forecast 2020-2025 ($ million)
Hardware - Year-over-year growth 2020-2025 (%)
Market opportunity by Technology
Customer landscape
Market share By Geographical Landscape 2020-2025 (%)
Geographic comparison
MEA - Market size and forecast 2020-2025 ($ million)
MEA - Year-over-year growth 2020-2025 (%)
North America - Market size and forecast 2020-2025 ($ million)
North America - Year-over-year growth 2020-2025 (%)
Europe - Market size and forecast 2020-2025 ($ million)
Europe - Year-over-year growth 2020-2025 (%)
APAC - Market size and forecast 2020-2025 ($ million)
APAC - Year-over-year growth 2020-2025 (%)
South America - Market size and forecast 2020-2025 ($ million)
South America - Year-over-year growth 2020-2025 (%)
Key leading countries
Market opportunity By Geographical Landscape ($ million)
Impact of drivers and challenges
Vendor landscape
Landscape disruption
Industry risks
Vendors covered
Market positioning of vendors
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key offerings
ABB Ltd. - Key customers
ABB Ltd. - Segment focus
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Key customers
Emerson Electric Co. - Segment focus
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key offerings
General Electric Co. - Key customers
General Electric Co. - Segment focus
Halliburton Co. - Overview
Halliburton Co. - Business segments
Halliburton Co. - Key offerings
Halliburton Co. - Key customers
Halliburton Co. - Segment focus
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Key customers
Honeywell International Inc. - Segment focus
Rockwell Automation Inc. - Overview
Rockwell Automation Inc. - Business segments
Rockwell Automation Inc. - Key offerings
Rockwell Automation Inc. - Key customers
Rockwell Automation Inc. - Segment focus
Schlumberger Ltd. - Overview
Schlumberger Ltd. - Business segments
Schlumberger Ltd. - Key offerings
Schlumberger Ltd. - Key customers
Schlumberger Ltd. - Segment focus
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key offerings
Schneider Electric SE - Key customers
Schneider Electric SE - Segment focus
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key offerings
Siemens AG - Key customers
Siemens AG - Segment focus
Weatherford International Plc - Overview
Weatherford International Plc - Business segments
Weatherford International Plc - Key offerings
Weatherford International Plc - Key customers
Weatherford International Plc - Segment focus
Currency conversion rates for US$
Research Methodology
Validation techniques employed for market sizing
Information sources
List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global digital oilfield market: ABB Ltd., Emerson Electric Co., General Electric Co., Halliburton Co., Honeywell International Inc., Rockwell Automation Inc., Schlumberger Ltd., Schneider Electric SE, Siemens AG, and Weatherford International Plc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing applications of digital oilfields.`

According to the report, one of the major drivers for this market is the rise in rig count.

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.