October 6, 2024

Digital Oilfield Market size is Expected to Surpass Around US$ 54.4 Billion by 2030

[150+ Pages Report] As per the latest Research and survey report issued by Precedence Research, the global digital oilfield market was valued at around USD 29.45 billion in 2021 and is expected to register revenues worth USD 54.4 billion by the end of 2030, growing at an exceptional CAGR of approximately 7.08% between 2022 and 2030.

Digital Oilfield Market

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Digital Oilfield Market Report Scope

A recent study by Precedence Research on the digital oilfield market offers a forecast for 2022 and 2030. The study analyzes crucial trends that are currently determining the growth of the digital oilfield market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of digital oilfield. The study also provides the dynamics that are responsible for influencing the future status of the digital oilfield market over the forecast period.

A detailed assessment of the digital oilfield market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the digital oilfield market along with their product portfolio enhances the reliability of this comprehensive research study.

Competition Landscape

The report has engulfed a chapter on the global digital oilfield market’s competitive landscape, which provides detailed analysis and insights on companies offering digital oilfield. Profiles of key companies, along with a strategic overview of their M&A and expansion plans across geographies, have been delivered in this chapter. This chapter is priceless for report readers, as its enables them in gauging their growth potential in the market and implement key strategies for extending their market reach.

This chapter offers key recommendations for both new and existing market participants, enabling them to emerge sustainably and profitably. Intelligence on the market players has been delivered on the basis of their product overview, SWOT analysis, key developments, key financials and company overview. Occupancy of these market participants has been tracked by the report and portrayed via an intensity map.

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Some of the Prominent Players in the Digital Oilfield Market Include:
  • Schlumberger
  • Halliburton
  • Weatherford International
  • ABB
  • Emerson
  • CGG
  • Siemens
  • Rockwell Automation
  • Kongsberg
Digital Oilfield Market Segmentation

By Process

  • Drilling Optimization
  • Reservoir Production
  • Production Optimization
  • Safety Management
  • Others

By Solution

  • Hardware
  • Software
  • Data Storage
  • Others

By Application

  • Onshore
  • Offshore

By Technology

  • IoT
  • Advance Analytics
  • Robotics
  • Cloud Computing
  • Mobility
  • Others

Regional Segmentation

  • Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
  • Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
  • North America [United States, Canada, Mexico]
  • South America [Brazil, Argentina, Columbia, Chile, Peru]
  • Middle East & Africa [GCC, North Africa, South Africa]

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global digital oilfield market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the digital oilfield market.

The report includes country-wise and region-wise market size for the period 2022-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2022-2030.

Why should you invest in this report?

If you are aiming to enter the global digital oilfield market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for digital oilfield are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Digital Oilfield Market 

5.1. COVID-19 Landscape: Digital Oilfield Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Digital Oilfield Market, By Process

8.1. Digital Oilfield Market, by Process Type, 2022-2030

8.1.1. Drilling Optimization

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Reservoir Production

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Production Optimization

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Safety Management

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Digital Oilfield Market, By Solution

9.1. Digital Oilfield Market, by Solution, 2022-2030

9.1.1. Hardware

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Software

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Data Storage

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Digital Oilfield Market, By Application Type 

10.1. Digital Oilfield Market, by Application Type, 2022-2030

10.1.1. Onshore

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Offshore

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Digital Oilfield Market, By Technology Type 

11.1. Digital Oilfield Market, by Technology Type, 2022-2030

11.1.1. IoT

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Advance Analytics

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Robotics

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Cloud Computing

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Mobility

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Others

11.1.6.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Digital Oilfield Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Process (2017-2030)

12.1.2. Market Revenue and Forecast, by Solution (2017-2030)

12.1.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Process (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Solution (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Process (2017-2030)

12.2.2. Market Revenue and Forecast, by Solution (2017-2030)

12.2.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Process (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Solution (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Process (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Solution (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Process (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Solution (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Process (2017-2030)

12.3.2. Market Revenue and Forecast, by Solution (2017-2030)

12.3.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Process (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Solution (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Process (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Solution (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Process (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Solution (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Process (2017-2030)

12.4.2. Market Revenue and Forecast, by Solution (2017-2030)

12.4.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Process (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Solution (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Process (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Solution (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Process (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Solution (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Process (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Solution (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Technology Type (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Process (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Solution (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Application Type (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Technology Type (2017-2030)

Chapter 13. Company Profiles

13.1. Schlumberger

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Halliburton

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Weatherford International

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. ABB

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Emerson

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. CGG

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Siemens

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Rockwell Automation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Kongsberg

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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