Global Digital Oil-Field Market Size study, by Process (Production Optimization, Drilling Optimization, Reservoir Optimization, Others), by Solutions (Hardware Solutions, Software & Service Solutions, Data Storage Solutions), by Applications (onshore, offshore) and Regional Forecasts 2018-2025 - Business Industry Reports

Global Digital Oil-Field Market Size study, by Process (Production Optimization, Drilling Optimization, Reservoir Optimization, Others), by Solutions (Hardware Solutions, Software & Service Solutions, Data Storage Solutions), by Applications (onshore, offshore) and Regional Forecasts 2018-2025


  • Oct 2018
  • |
  • 80
  • |
  • Automotives
  • |
  • Bizwit Research & Consulting LLP

Global Digital Oil-Field Market to reach USD 32.3 billion by 2025.

Global Digital Oil-Field Market valued approximately USD 21.0 billion in 2017 is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2018-2025. The advanced software and data analysis techniques are used to improve the profitability of oil & gas production operations in order to increase the demand for Digital Oil-Field Market. Improved safety, optimized production rate of hydrocarbons, environmental protection, and ease in finding reserves and exploiting them to the fullest are some of the key drivers of the market. The process of automation of upstream, midstream, and downstream oilfield activities is called Digital oilfield. In order to provide better outputs and improve the profitability of the production process by software and data analysis techniques, digital oilfield is used. Digitization of oilfields is the implementation of resources to bring cost-effective and efficient results as well as optimum utilization of available resources.
On the basis of process, the digital oilfield market is segmented into drilling optimization, reservoir optimization, production optimization, and others. The asset management, maintenance & repair, and safety management are included in other segment. The maximum utilization of resource and time as well as the fine recovery of oil is leading the market by production optimization. On the basis of solutions, the digital market is categorized into hardware solutions, software & service solutions, and data storage solutions. The optimization of production and control & monitoring of oil & gas fields has lead the demand of the market to its great extent. The hardware segment estimated to dominate the market in forecast period. On the basis of application, the digital oilfield market is classified into onshore and offshore. The onshore segment has been increasing the market by faster growth rate. On the basis of region, the digital oilfield market is segmented into Europe, North America, Asia Pacific, the Middle East, South America, and Africa. Europe is estimated to dominate the market to its great extent.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Process:

? Production Optimization
? Drilling Optimization
? Reservoir Optimization
? Others
By Solutions:

? Hardware Solutions
? Software & Service Solutions
? Data Storage Solutions
By Applications:

? Onshore
? offshore
By Regions:
? North America
o U.S.
o Canada
? Europe
o UK
o Germany
? Asia Pacific
o China
o India
o Japan
? Latin America
o Brazil
o Mexico
? Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

1.1.1. The industry is seeming to be fairly competitive. Some of the leading market players include Benchmarking, Schlumberger, Weatherford, BHGE, Halliburton, National Oilwell Varco, ABB, Emerson, RockWell, Siemens, Honeywell, Kongsberg, IHS Markit, CGG, Digi International and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Digital Oil-Field Market in Market Study:

? Key Consulting Companies & Advisors
? Large, medium-sized, and small enterprises
? Venture capitalists
? Value-Added Resellers (VARs)
? Third-party knowledge providers
? Investment bankers
? Investors
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Global Digital Oil-Field Market, by Region, 2015-2025 (USD Billion)
1.3.2. Global Digital Oil-Field Market, by Process, 2015-2025 (USD Billion)
1.3.3. Global Digital Oil-Field Market, by Solutions, 2015-2025 (USD Billion)
1.3.4. Global Digital Oil-Field Market, by Applications, 2015-2025 (USD Billion)
1.4. Estimation Methodology
Chapter 2. Global Digital Oil-Field Market Definition and Scope
2.1. Research Objective
2.2. Market Definition& Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
2.5. Report Limitation
Chapter 3. Global Digital Oil-Field Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Digital Oil-Field Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.1. Supplier
4.3.2. Manufacturers/Service Provider
4.3.3. Distributors
4.3.4. End-Users
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Digital Oil-Field Market, By Process
5.1. Market Snapshot
5.2. Market Performance - Potential Model
5.3. Global Digital Oil-Field Market, Sub Segment Analysis
5.3.1. Production Optimization
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Drilling Optimization
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3. Reservoir Optimization
5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.4. Others
5.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6. Global Digital Oil-Field Market, By Solution
6.1. Market Snapshot
6.2. Market Performance - Potential Model
6.3. Global Digital Oil-Field Market, Sub Segment Analysis
6.3.1. Hardware Solutions
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Software & Service Solutions
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.3. Data Storage Solutions
6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 7. Global Digital Oil-Field Market, By Application
7.1. Market Snapshot
7.2. Market Performance - Potential Model
7.3. Global Digital Oil-Field Market, Sub Segment Analysis
7.3.1. onshore
7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2. offshore
7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 8. Global Digital Oil-Field Market, by Regional Analysis
8.1. Digital Oil-Field Market, Regional Market Snapshot (2015-2025)
8.2. North America Digital Oil-Field Market Snapshot
8.2.1. U.S.
8.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.2.1.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.2.1.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.2.1.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.2.2. Canada
8.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.2.2.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.2.2.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.2.2.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3. Europe Digital Oil-Field Market Snapshot
8.3.1. U.K.
8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.1.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.1.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.1.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.2. Germany
8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.2.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.2.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.2.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.3. France
8.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.3.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.3.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.3.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.4. Rest of Europe
8.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.4.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.4.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.4.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4. Asia Digital Oil-Field Market Snapshot
8.4.1. China
8.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.1.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.1.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.1.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.2. India
8.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.2.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.2.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.2.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3. Japan
8.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.3.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.3.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.3.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.4. Rest of Asia Pacific
8.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.4.4.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.4.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.4.4.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5. Latin America Digital Oil-Field Market Snapshot
8.5.1. Brazil
8.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.5.1.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5.1.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5.1.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5.2. Mexico
8.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.5.2.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5.2.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.5.2.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6. Rest of The World
8.6.1. South America
8.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.6.1.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6.1.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6.1.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6.2. Middle East and Africa
8.6.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.6.2.2. Process breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6.2.3. Solution breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.6.2.4. Application breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 9. Competitive Intelligence
9.1. Company Market Share (Subject to Data Availability)
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Benchmarking
9.3.1.1. Overview
9.3.1.2. Financial (Subject to Data Availability)
9.3.1.3. Product Summary
9.3.1.4. Recent Developments
9.3.2. Schlumberger
9.3.3. Weatherford
9.3.4. BHGE
9.3.5. Halliburton
9.3.6. National Oilwell Varco
9.3.7. ABB
9.3.8. Emerson
9.3.9. RockWell
9.3.10. Siemens
9.3.11. Honeywell
9.3.12. Kongsberg
9.3.13. IHS Markit
9.3.14. CGG
9.3.15. Digi International
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.1.6. Research Assumption
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