North
America digital oilfield market was valued at $ 5.37 billion in 2016, and is projected
to grow at a CAGR of over 4%, in value terms, during 2017-2022, to reach $ 6.74
billion by 2022, on account of increasing offshore field development activities
being undertaken in the Gulf of Mexico. During the forecast period, oil &
gas companies are expected to flock the prospective offshore Gulf of Mexico.
Offshore field development activities suffered a short-term setback after BP’s
oil spill in the Gulf of Mexico, but is gaining traction as operations
standardize and health and safety rules are stringently being complied in the
region. This
is likely to fuel demand for digital oilfield solutions in North America in the
next five years
Years considered for this report:
- Historical Years:
2012-2015
- Base Year: 2016
- Estimated Year: 2017
- Forecast Period:
2017–2022
Objective of the Study:
- The primary objective of the study was to understand
and gain insights about the North America digital oilfield market and their
segmental analysis by process and by solution, country share and forecast
its market by 2022.
- To categorize and forecast North America digital
oilfield market by process type such as Drilling Optimization, Production
Optimization, Reservoir Optimization, & Others.
- To estimate, calculate and forecast market size for North
America digital oilfield market by solution: Instrumentation &
Automation and IT Services, in terms of value.
- To examine competitive developments such as digital
oilfield contracts in North America digital oilfield market.
- To strategically profile the leading manufacturers,
distributors and importers in the market which cater to the North America
digital oilfield market.
Click here to download the brochure
Few of the leading players in
North America digital oilfield market include Schlumberger Limited, Halliburton,
Baker Hughes Incorporated, Honeywell International Inc, National Oilwell Varco,
Inc., Cisco Systems, Inc.,
Emerson
Electric Co., General Electric
Company, Rockwell
Automation, and Pason Systems Corp.
TechSci Research carried out North
America digital oilfield market study by considering various aspects of North
America digital oilfield market. In the beginning, study, a brief study of the North
America digital oilfield market was conducted to understand each aspect of
market outlook such as drivers, challenges,
market trends and various other major factors affecting the market. Moreover,
an in-depth analysis was conducted to understand North America digital oilfield
market scenario and to gauge the competitive scenario. Afterwards,
a detailed scrutiny of by process, by solution, and by country markets for North America digital oilfield market was done. In order to extract data for North America 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.
Considering the
assumptions, TechSci research dedicated team of industry experts has
comprehensively monitored and analysed various aspects of North America digital
oilfield market. TechSci research team has analysed various segments and
speculated a positive future for North America digital oilfield market and
subsequent countries. Also, various secondary sources were utilized for
preparing this report such as directories, databases: company annual
reports, financial reports, proprietary databases, among others.
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
The study is useful in providing answers to past,
current and future adoption of digital oilfield technologies and solutions in
North America digital oilfield market. This study helps in analysing specific
country adoption trend of digital oilfield solutions which are useful for
industry stakeholders such as oilfield service providers, IT companies, network
& electronic hardware manufacturers, communication service providers,
automation solution providers, resellers and channel partners, EPC contractors
and sub-contractors, regulatory bodies, and customers (national oil companies,
oil & gas multinationals).
Report Scope:
In this report,
the North America digital oilfield market has been segmented into the 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:
Competitive Landscape
Competition
Benchmarking: Benchmarking of leading
players on the basis of product portfolio.
Company Profiles: Detailed
analysis of the major companies operating in North America 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 of you can’t find what you are looking for then please get in touch with
our custom research team at [email protected]