Cart
0
Get 20% Free Customization In This Report
Buy this report from - $3456

Digital Oil-Field Market by Process (Production Optimization, Drilling Optimization, Reservoir Optimization, Asset Management, Safety Management, Maintenance & Repair), Service (Automation & Instrumentation, Information Technology) - Global Opportunity Analysis and Industry Forecast, 2014 - 2020

EN_181623
Pages: NA
Jul 2018 | 1407 Views
face gplus_n
Author's : NA
Tables: NA
Charts: NA
twit_n pr_n

Digital oil-field (DOF) technology uses advanced IT technology to enhance crude oil production and increase profitability in the oil & gas industry. It consists of sets of workflows that allow fast execution of collaborative tasks midst distributed teams to give more optimal and profitable results. The emergence of DOF technology has addressed the human capital and resources problems faced by oil & gas industry. DOF includes a variety of themes like operational efficiency, production optimization, collaboration, decision support, data integration, and workflow automation. Advanced software and data analysis techniques are being employed in this market to maximize the profits from various oil & gas operations.

Fierce competition between the leading players in the oil & gas industry for the market share have resulted in enhanced production solutions being applied in new and developed oil-fields. This will continue to be the major driver for growth of the DOF market. Overcapacity on the global oil market and decline in prices had a high impact on capital expenditure of oil-fields, which lead to the development of this technology that would provide effective and efficient crude recovery solutions. Production optimization accounts for the largest share in the DOF market by process due to increase in investments around the globe, for effectual production in the oil-fields. Manufacturers plan to apply digital field oil solution in high-production fields.

Automation & instrumentation is the fastest growing segment by service due to rise in demand for automated DOF processes and decline in human capital in the industry. This drop in human capital is due to companies lowering their human dependency to sustain in low profit environment. Volatility of oil prices is a challenge for the market as reduced profits because of slump in oil prices restricts the key leading players of the market from investing in research and development activities and newly developed optimization technologies. But rise in oil prices is expected, which will make way for investment in this technology at a larger scale, and thus boost market growth.

The report segments the DOF market on the basis of process, service, and geography. On the basis of process, the market is segmented into production optimization, drilling optimization, reservoir optimization, and others. Based on service, the market is classified into automation & instrumentation and information technology. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

In March 2016, Ingenu and KONAR Electronics and Informatics Inc. delivered DOF solutions to Nigeria pipeline facility for digital monitoring of the field capabilities to maximize the profits. Key leading players of the market invest huge capital in R&D activities for further development of the technology and thus large number of patents related to this technology are being registered. U.S. and China are the main countries accounting for major shares in the DOF market.

Comprehensive competitive analysis and profiles of major market players such as ABB Group (Switzerland), Baker Hughes Inc. (U.S.), Emerson Electric Company (U.S.), TIBCO Software Inc. (U.S.), Microsoft Corporation (U.S.), Redline Communications Group Inc. (Canada), Schlumberger Ltd. (U.S.), Paradigm Ltd (U.S.), Microseismic Inc. (U.S.), and Honeywell International Inc., (U.S.) is also provided in the report.

KEY BENEFITS FOR STAKEHOLDERS:

  • This report provides quantitative analysis of the current market and estimations through 20142022, which identifies the prevailing opportunities.

  • This report provides an extensive analysis of the current and emerging market trends and dynamics in the world DOF market.

  • Geographically, the world DOF market is analyzed based on various regions such as North America, Europe, Asia-Pacific, and LAMEA.

  • This study evaluates competitive landscape and value chain to understand competitive environment across the geographies.

  • Comprehensive analysis of factors that drive and restrict the growth of the DOF is provided. For instance, need for effective and efficient production solutions in oil & gas industry will drive this market.

  • Leading players within the DOF market are profiled in this report and their key developments in recent years are listed down.

KEY MARKET SEGMENTS:

  • By Process

  • Production Optimization

  • Drilling Optimization

  • Reservoir Optimization

  • Others (Include Asset Management, Safety Management, and Maintenance & Repair)

  • By Service

  • Automation & Instrumentation

  • Control Systems (CDS)

  • Wireless Network Systems

  • Intelligent Wells

  • Safety Systems

  • Programmable Logic Controller (PLC)

  • Collaborative Product Management

  • Other I & A solutions

  • Information Technology

  • IT Outsourcing

  • Software

  • IT Services & Commissioning

  • Computer Equipment & Application Hardware

  • By Geography

    • North America

      • U.S.

      • Canada

      • Mexico

      • Others

    • Europe

      • Germany

      • France

      • Spain

      • Others

    • Asia-Pacific

      • China

      • Japan

      • India

      • Others

    • LAMEA

      • South Africa

      • Brazil

      • Iran

      • Others

 

 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 

PURCHASE OPTIONS

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,    Int'l : +1-503-894-6022
Drop us an email at
help@alliedmarketresearch.com

Send Enquiry

Request sample

OR

Purchase Full Report of
Digital Oil-Field Market- Global Opportunity Analysis and Industry Forecast, 2014 - 2020

  • Online Only
  • $3456
  • Online cloud Access only
  • Restected Print, copy, paste,download
  • Read Only
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Data Pack
  • $3840
  • Restricted to one authorized users
  • One print only
  • Available in Excel
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Single User
  • $5370
  • Restricted to one authorized users
  • One print only
  • Available in PDF
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Five User
  • $6450
  • Limited to 5 authorized users
  • Print Upto Five Copies
  • Available in PDF
  • 20% free customization (Pre-Sale)
  •   Free quartery industry update
  •   Free report update (Within 180 days)
  •   Subscription Model Sign In
  • Enterprice
    License/PDF

  • $8995
  • Unlimited within company/enterprise
  • Unlimited within company/enterprise
  • Available in PDF
  • 20% free customization (Pre-Sale)
  • Free quartery industry update
  • Free report update (Within 180 days)
  • Subscription Model Sign In

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 
 

FREQUENTLY ASKED
QUESTIONS?

 
 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 
 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 
 

Featured Readings

 

Get Fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Access reports on all emerging
market of Energy and Power on Knowledge Tree Platform
Free Demo