Asia-Pacific Digital Oilfield Market Size 2022 By Process & Solution- TechSci Research

Summary

Report Description

Asia-Pacific digital oilfield market was valued at $ 1.74 billion in 2016, and is projected to grow at a CAGR of over 7%, in value terms, to reach $ 2.55 billion by 2022. Asia-Pacific is a home to developing countries such as China and India, whose energy demands are continuously surging. These two countries are the leading energy importers in this region. In order to reduce import dependence and improve energy security, both countries have started focusing on domestic oil & gas exploration. Both the countries have huge coastlines and seas, which present enormous opportunities for offshore exploration and production. Demand for digital oilfield technologies in Asia-Pacific is expected to grow in coming years on account of rapid uptake of offshore field development activities is Australia and Vietnam, in partnership with India and China.

Years considered for this report:

Historical Years: 2012-2015
Base Year: 2016
Estimated Year: 2017
Forecast Period: 2017–2022

Objective of the Study:

To analyze and forecast the market size of Asia-Pacific digital oilfield, in terms of value.
To classify and forecast Asia-Pacific digital oilfield market on the basis of process, solution and regional distribution.
To identify drivers, challenges and opportunities available in the market for digital oilfield in Asia-Pacific.
To strategically profile the leading solution providers, distributors and importers in the market.

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Few of the leading players in Asia-Pacific digital oilfield market include Schlumberger Limited, Halliburton, Baker Hughes Incorporated, Honeywell International Inc, and Wipro Limited.

TechSci Research carried out Asia-Pacific digital oilfield market study by considering various aspects of the market. In the beginning, a brief study was conducted to understand each aspect of market outlook such as drivers, challenges, trends and various other factors affecting the market. Moreover, an in-depth analysis was conducted to understand Asia-Pacific digital oilfield market scenario and to gauge the competitive scenario.

Afterwards, a detailed scrutiny of by process, by solution, and by country markets for Asia-Pacific digital oilfield market was conducted. In order to extract the data for Asia-Pacific digital oilfield market, primary research surveys were conducted with key opinion leaders, digital oilfield solutions providers, digital oilfield software & service vendors, distributors, and channel partners to understand historical and present trends.

The dedicated team of industry experts has comprehensively monitored and analysed various aspects of Asia-Pacific digital oilfield market. TechSci research team has analysed various segments and speculated a positive future for Asia-Pacific digital oilfield market and subsequent countries. Moreover, various secondary sources were utilized for preparing this report such as SPE Asia-Pacific, Asia-Pacific Digital Societies Policy Forum 2016, and databases such as company annual reports, financial reports, proprietary databases, etc.

Key Target Audience:

Digital oilfield service providers, IT companies, network & electronic hardware manufacturers, communication service providers, automation solution providers, resellers and channel partners, EPC contractors and sub-contractors
Customers (National Oil Companies, Oil & Gas Multinationals)
Research organizations and consulting companies
Associations, organizations, forums and alliances related to digital oilfield technologies
Government bodies such as regulating authorities and policy makers

Report Scope:

In this report, Asia-Pacific digital oilfield market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Market, By Process:

Drilling Optimization
Production Optimization
Reservoir Optimization
Others

· Market, By Solution:

Instrumentation & Automation
IT Services

Market, By Country:

China
India
Indonesia
Australia
Malaysia
Others

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 5 players on the basis of product portfolio.s

Company Profiles: Detailed analysis of the major companies operating in Asia-Pacific digital oilfield market.

Available Customizations: With the given market data, TechSci Research offers customizations according to company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

Detailed list of distributors and dealers across all major countries.

Company Information

Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Digital Oilfield Market Outlook

4.1. Market Size & Forecast

4.1.1.By Value

5. Asia-Pacific Digital Oilfield Market Outlook

5.1. Market Size & Forecast

5.1.1.By Value

5.2. Market Share & Forecast

5.2.1.By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others)

5.2.2.By Solution (Instrumentation & Automation and IT Services)

5.3. By Country

5.3.1. China Digital Oilfield Market Outlook

5.3.1.1. Market Size & Forecast

5.3.1.1.1. By Value

5.3.1.2. Market Share & Forecast

5.3.1.2.1. By Process & Solution

5.3.2. India Digital Oilfield Market Outlook

5.3.2.1. Market Size & Forecast

5.3.2.1.1. By Value

5.3.2.2. Market Share & Forecast

5.3.2.2.1. By Process & Solution

5.3.3. Indonesia Digital Oilfield Market Outlook

5.3.3.1. Market Size & Forecast

5.3.3.1.1. By Value

5.3.3.2. Market Share & Forecast

5.3.3.2.1. By Process & Solution

5.3.4. Australia Digital Oilfield Market Outlook

5.3.4.1. Market Size & Forecast

5.3.4.1.1. By Value

5.3.4.2. Market Share & Forecast

5.3.4.2.1. By Process & Solution

5.3.5. Malaysia Digital Oilfield Market Outlook

5.3.5.1. Market Size & Forecast

5.3.5.1.1. By Value

5.3.5.2. Market Share & Forecast

5.3.5.2.1. By Process & Solution

6. Market Dynamics

6.1. Drivers

6.2. Challenges

7. Market Trends & Developments

7.1. Growing Investments in Offshore Exploration & Production

7.2. Increasing Partnerships and Joint Ventures

7.3. Growing Consolidation in Digital Oilfield Industry

7.4. Rising Production from Offshore Fields

7.5. Revenue Generation through Aftermarket Services

7.6. Rising Investments in Research & Development

7.7. Downturn in Oil & Gas Industry

7.8. Implementation of Stringent Regulations for Offshore E&P Activities

8. Competitive Landscape

8.1. Competition Matrix

8.2. Company Profiles

8.2.1.Schlumberger Limited

8.2.2.Halliburton

8.2.3.Baker Hughes Incorporated

8.2.4.Honeywell International Inc

8.2.5.Wipro Limited

Figures and Tables

List of Figures

Figure 1: Global Digital Oilfield Market Size, By Value, 2012–2022F (USD Billion)

Figure 2: Asia-Pacific Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 3: Asia-Pacific Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 4: Asia-Pacific Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

Figure 5: Asia-Pacific Digital Oilfield Market Share, By Country, By Value, 2012 – 2022F

Figure 6: China Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 7: China Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 8: China Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

Figure 9: India Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 10: India Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 11: India Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

Figure 12: Indonesia Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 13: Indonesia Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 14: Indonesia Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

Figure 15: Australia Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 16: Australia Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 17: Australia Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

Figure 18: Malaysia Digital Oilfield Market Size, By Value, 2012 – 2022F (USD Billion)

Figure 19: Malaysia Digital Oilfield Market Share, By Process, By Value, 2012 – 2022F

Figure 20: Malaysia Digital Oilfield Market Share, By Solution, By Value, 2012 – 2022F

List of Tables

Table 1: Global Energy Mix, By Fuel Type, 2010 & 2015

Table 2: Global Investments (Cumulative) in Gas Sector, Energy Supply and Energy Efficiency, By Region, 2014–2035F (USD Billion)

Table 3: Asia-Pacific Rig Count, By Country, 2012-2016

Table 4: List of Major Partnerships in Digital Oilfield Industry, 2016

Table 5: List of Major Mergers & Acquisitions in Global Digital Oilfield Industry

Frequently asked questions

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Parvati Sharma

Account Manager BD

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Press Release

Asia-Pacific Digital Oilfield Market to Cross $2.5 Billion by 2022

May, 2017

Anticipated revival of crude oil prices, and increasing oil & gas exploration & production activities to drive Asia-Pacific digital oilfield market through 2022. According to a recently published T

Asia-Pacific Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization, & Others), By Solution (Instrumentation & Automation Vs. IT Services), Competition Forecast & Opportunities, 2012 – 2022

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