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What's driving the Digital Oilfield Market trends? Siemens, Schlumberger, Honeywell, Rockwell, ABB, Kongsberg, Emerson, IHS Markit, CGG, Digi International, Pason, Redline, EDG, Oleumtech, Petrolink, Katalyst, Benchmarking, Weatherford, BHGE, Halliburton,

05-19-2020 10:07 PM CET | Energy & Environment

Press release from: Market Study Report LLC

Digital Oilfield Market

Digital Oilfield Market

Market Study Report LLC has added a new report on Digital Oilfield market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Digital Oilfield market in tandem with its competitive terrain.

This report studies the Digital Oilfield market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market and splits the Digital Oilfield market by product type and applications/end industries.

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Market Segment by Companies, this report covers

o Benchmarking
o Schlumberger
o Weatherford
o BHGE
o Halliburton
o National Oilwell Varco
o ABB
o Emerson
o Rockwell
o Siemens
o Honeywell
o Kongsberg
o IHS Markit
o CGG
o Digi International
o Pason
o Redline
o EDG
o Oleumtech
o Petrolink
o Katalyst

The global digital oil field market, by application, has been segmented into onshore and offshore, with the onshore segment growing at a faster pace. The complexity in deepwater drilling, along with the increasing adoption of digital oilfield techniques in regions such as the Middle East, and North America, where the maximum of the oilfields are located onshore, are expected to drive the onshore segment. Thus, the increasing production activities in these regions and reduction of non-productive time is expected to drive the onshore segment at the highest rate during the forecast period.

The increase in production activities in the Middle East region, the presence of unconventional reserves, and growing investments in offshore in the Asia Pacific region are expected to be the key factors driving the digital oilfield market during the forecast period.

The global Digital Oilfield market is valued at xx million in 2017 and is expected to reach xx million by the end of 2023, growing at a CAGR of 6.1% 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 Digital Oilfield.
Europe also play important roles in global market, with market size of xx million in 2017 and will be xx million in 2023, with a CAGR of xx%.

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Market Segment by Type, covers

Reservoir Optimization
Drilling Optimization
Production Optimization
Others

Market Segment by Applications, can be divided into

Onshore
Offshore

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Table of Contents

1 Digital Oilfield Market Overview
2 Manufacturers Profiles
3 Global Digital Oilfield Market Competition, by Players
4 Global Digital Oilfield Market Size by Regions
5 North America Digital Oilfield Revenue by Countries
6 Europe Digital Oilfield Revenue by Countries
7 Asia-Pacific Digital Oilfield Revenue by Countries
8 South America Digital Oilfield Revenue by Countries
9 Middle East and Africa Revenue Digital Oilfield by Countries
10 Global Digital Oilfield Market Segment by Type
11 Global Digital Oilfield Market Segment by Application
12 Global Digital Oilfield Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
14 Appendix

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