Press release
Smart Oilfield Market Current & Future Growth Analysis to 2023 | Accenture, Kongsberg Gruppen, Microseismic, National Oilwell Varco, Paradigm, Pason Systems, Petrolink, Honeywell International, Schlumberger Ltd
Smart Oilfield
Smart Oilfield Market Report – Quick Rundown:
Vendors discussed with company profiles, details on their offerings, contact information and more include: Halliburton Corporation, Honeywell International, Schlumberger Ltd, Accenture, Kongsberg Gruppen, Microseismic, National Oilwell Varco, Paradigm, Pason Systems, Petrolink
Smart oilfield involves the application of advanced software, hardware, and data analysis techniques to increase the E&P efficiency of oil and gas. In an era of ever-growing energy demand and depletion of easy oil, smart oilfields facilitate in maximizing oilfield recovery by reducing downtime.
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The services segment dominated the market and accounted for more than 38% of the market share in terms of revenue.
The Americas was the largest revenue contributor in the global smart oilfield market. North America is the world's second-largest consumer of crude oil due to the constant demand from countries like the US, Canada, and Mexico. Factors such as the increasing production from unconventional oil and gas resources such as shale formation will contribute to the growth of the market in the region. Additionally, growing energy demand, efforts to maximize production from existing wells, and increasing deepwater exploration activities are the some of the major factors driving the market in the Americas.
The global Smart Oilfield market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Smart Oilfield.
Global Smart Oilfield Market Type Segments Covered:
• Hardware
• Software
• Services
World Smart Oilfield Market 2018 – 2023 Analysis of Segments by Applications include:
• Onshore
• Offshore
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With an objective to help understand the development plans and policies, manufacturing processes, cost structures of Smart Oilfield market, this report lists and profiles leading players with top level information on them. Wherever applicable, it also focuses on the details like supply chain, market statistics, product images, development plan outlook, consumption (where available), growth rates, contact details and much more.
Sub-segments of the Smart Oilfield market are expansively analyzed covering industry dynamics, help on a feasibility study, vendor strategies, growth prospects and market share of the industry. Growth projections for next few years form an important aspect of this 2018 Smart Oilfield report.
Apart from whatever is already offered in this Smart Oilfield market research, the report can be customized to meet your needs – be it additional company coverage or country coverage or anything specific that you need.
More Details on this Report At: www.marketstudyreport.com/reports/global-smart-oilfield-m...
Table OF Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Smart Oilfield Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
4 Global Smart Oilfield Market Analysis by Regions
5 North America Smart Oilfield by Countries
6 Europe Smart Oilfield by Countries
7 Asia-Pacific Smart Oilfield by Countries
8 South America Smart Oilfield by Countries
9 Middle East and Africa Smart Oilfield by Countries
10 Global Smart Oilfield Market Segment by Type
11 Global Smart Oilfield Market Segment by Application
12 Smart Oilfield Market Forecast (2018-2023)
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