The study covers a detailed analysis segmented by key business segments i.e. by type (Onshore and Offshore) , by application (Reservoir Optimization, Drilling Optimization, Production Optimization, Safety management and Others) and major geographies.
The competition is expected to become even more intense in the coming years with the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Digital Oilfield market analysis report suggests strategies Manufacturers can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, including:
- BP plc (United Kingdom)
- Royal Dutch Shell (Netherlands)
- Chevron (United States)
- Equinor (Norway)
- Anadarko Petroleum Corp (United States)
- Schlumberger (United States)
- Halliburton (United States)
- Baker Hughes-GE (United States)
- Weatherford International (United States)
- ABB (Switzerland)
- Emerson (United States)
- Rockwell (United States)
- Siemens (Germany)
U.S. Regulation of Oil and Gas Operations, Federal and state regulation of exploration, production, transportation, Regulation has several objectives: protecting the environment (including air and water quality), protecting cultural resources, protecting workers’ and the public’s health and safety, and reducing wasted resources. Federal, state, and local governments each regulate various aspects of oil and gas operations. Who regulates what depends on land ownership and whether federal regulations or state laws apply. In general, most drilling and production is regulated by the states. Federal regulations primarily safeguard water and air quality and worker safety.
Increasing the use of digital mediators enhancing the productivity of the firm.It is also making the job easier for the worker therefore everyone launching innovation in their products .the leading firm coming up with new innovative products growing the competition between the rivalry companies. Therefore the companies also selecting the option of mergers and acquisitions to grow the business and earn the profit.
Market TrendGrowing Demand For Wide Range Of Innovations Such As Fleet Management And Predictive Maintenance and Growing Use Of Dual Transformation
OpportunitiesAcceptance Of Digitization and Growing Application Due To Increasing Operational Efficiency, Production Optimization, Collaboration, Data Integration, Decision Support, And Workflow Automation
Key highlights of the Global Digital Oilfield market Study: CAGR of the market during the forecast period 2019-2025
Detailed information on factors that will accelerate the growth of the Digital Oilfield market for the next five years.
Forecast of the Global Digital Oilfield market size and its contribution to the parent market by type, application and by country.
Insights on upcoming trends and changes in consumer behaviour
Uncovering markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Digital Oilfield Manufacturers
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Digital Oilfield market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Digital Oilfield market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Oil and Gas companies, Digital oilfield Manufacturers, Research Consultants, Traders/Distributors/Suppliers, Government Agencies, Research Organizations and Investment Research Firms.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.