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Digital Oilfield Solutions-Global Market Insights and Sales Trends 2025
Synopsis
With crude oil & gas being a valued global commodity, the related exploration, refining, internal transfer of base feedstock and intermediate distillates as well as the final derived product involve a high degree of supervision and monitoring of the mentioned operations in oilfields and associated refinery units. Oilfields have three integral operations viz. upstream, midstream and downstream, which require continuous monitoring and supervision. The chief objectives of supervision and monitoring are optimizing product output rate, scrutinizing each level of start-to-finish project, eradicating any anomalies and errors from the mandated norms, avoiding any oil/fuel spills and losses incurred during explorations, internal transfer of intermediates and monitoring inventory levels. Another crucial aspect of digital oilfield solutions is to arrest any counterfeiting or theft that might occur during midstream and downstream operations.
The global Digital Oilfield Solutions market size is expected to reach US$ 3748.5 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Oilfield Solutions in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Digital Oilfield Solutions market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Digital Oilfield Solutions market, driven by demand from China, the second largest economy with some signs of stabilising, the Digital Oilfield Solutions market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Oilfield Solutions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Oilfield Solutions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Oilfield Solutions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Oilfield Solutions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Oilfield Solutions covered in this report include ABB, Emerson Electric, Rockwell Automation, Siemens AG, Schneider Electric, Honeywell International Inc and General Electric, etc.
The global Digital Oilfield Solutions market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Emerson Electric
Rockwell Automation
Siemens AG
Schneider Electric
Honeywell International Inc
General Electric
Global Digital Oilfield Solutions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Oilfield Solutions market, Segment by Type:
Hardware
Software
Services
Global Digital Oilfield Solutions market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Oilfield Solutions companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
With crude oil & gas being a valued global commodity, the related exploration, refining, internal transfer of base feedstock and intermediate distillates as well as the final derived product involve a high degree of supervision and monitoring of the mentioned operations in oilfields and associated refinery units. Oilfields have three integral operations viz. upstream, midstream and downstream, which require continuous monitoring and supervision. The chief objectives of supervision and monitoring are optimizing product output rate, scrutinizing each level of start-to-finish project, eradicating any anomalies and errors from the mandated norms, avoiding any oil/fuel spills and losses incurred during explorations, internal transfer of intermediates and monitoring inventory levels. Another crucial aspect of digital oilfield solutions is to arrest any counterfeiting or theft that might occur during midstream and downstream operations.
The global Digital Oilfield Solutions market size is expected to reach US$ 3748.5 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Digital Oilfield Solutions in various end use industries. The expanding demands from the Onshore and Offshore, are propelling Digital Oilfield Solutions market. Hardware, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Software segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Digital Oilfield Solutions market, driven by demand from China, the second largest economy with some signs of stabilising, the Digital Oilfield Solutions market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Digital Oilfield Solutions, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Digital Oilfield Solutions market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Digital Oilfield Solutions market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Digital Oilfield Solutions sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Digital Oilfield Solutions covered in this report include ABB, Emerson Electric, Rockwell Automation, Siemens AG, Schneider Electric, Honeywell International Inc and General Electric, etc.
The global Digital Oilfield Solutions market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Emerson Electric
Rockwell Automation
Siemens AG
Schneider Electric
Honeywell International Inc
General Electric
Global Digital Oilfield Solutions market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Digital Oilfield Solutions market, Segment by Type:
Hardware
Software
Services
Global Digital Oilfield Solutions market, by Application
Onshore
Offshore
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Digital Oilfield Solutions companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Digital Oilfield Solutions
1.1 Digital Oilfield Solutions Market Overview
1.1.1 Digital Oilfield Solutions Product Scope
1.1.2 Digital Oilfield Solutions Market Status and Outlook
1.2 Global Digital Oilfield Solutions Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Digital Oilfield Solutions Market Size by Region (2018-2029)
1.4 Global Digital Oilfield Solutions Historic Market Size by Region (2018-2023)
1.5 Global Digital Oilfield Solutions Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Digital Oilfield Solutions Market Size (2018-2029)
1.6.1 North America Digital Oilfield Solutions Market Size (2018-2029)
1.6.2 Europe Digital Oilfield Solutions Market Size (2018-2029)
1.6.3 Asia-Pacific Digital Oilfield Solutions Market Size (2018-2029)
1.6.4 Latin America Digital Oilfield Solutions Market Size (2018-2029)
1.6.5 Middle East & Africa Digital Oilfield Solutions Market Size (2018-2029)
2 Digital Oilfield Solutions Market by Type
2.1 Introduction
2.1.1 Hardware
2.1.2 Software
2.1.3 Services
2.2 Global Digital Oilfield Solutions Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Digital Oilfield Solutions Historic Market Size by Type (2018-2023)
2.2.2 Global Digital Oilfield Solutions Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Digital Oilfield Solutions Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Digital Oilfield Solutions Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Digital Oilfield Solutions Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Digital Oilfield Solutions Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Digital Oilfield Solutions Revenue Breakdown by Type (2018-2029)
3 Digital Oilfield Solutions Market Overview by Application
3.1 Introduction
3.1.1 Onshore
3.1.2 Offshore
3.2 Global Digital Oilfield Solutions Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Digital Oilfield Solutions Historic Market Size by Application (2018-2023)
3.2.2 Global Digital Oilfield Solutions Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Digital Oilfield Solutions Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Digital Oilfield Solutions Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Digital Oilfield Solutions Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Digital Oilfield Solutions Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Digital Oilfield Solutions Revenue Breakdown by Application (2018-2029)
4 Digital Oilfield Solutions Competition Analysis by Players
4.1 Global Digital Oilfield Solutions Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Digital Oilfield Solutions as of 2022)
4.3 Date of Key Players Enter into Digital Oilfield Solutions Market
4.4 Global Top Players Digital Oilfield Solutions Headquarters and Area Served
4.5 Key Players Digital Oilfield Solutions Product Solution and Service
4.6 Competitive Status
4.6.1 Digital Oilfield Solutions Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Digital Oilfield Solutions Products, Services and Solutions
5.1.4 ABB Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 Emerson Electric
5.2.1 Emerson Electric Profile
5.2.2 Emerson Electric Main Business
5.2.3 Emerson Electric Digital Oilfield Solutions Products, Services and Solutions
5.2.4 Emerson Electric Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.2.5 Emerson Electric Recent Developments
5.3 Rockwell Automation
5.3.1 Rockwell Automation Profile
5.3.2 Rockwell Automation Main Business
5.3.3 Rockwell Automation Digital Oilfield Solutions Products, Services and Solutions
5.3.4 Rockwell Automation Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens AG Recent Developments
5.4 Siemens AG
5.4.1 Siemens AG Profile
5.4.2 Siemens AG Main Business
5.4.3 Siemens AG Digital Oilfield Solutions Products, Services and Solutions
5.4.4 Siemens AG Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens AG Recent Developments
5.5 Schneider Electric
5.5.1 Schneider Electric Profile
5.5.2 Schneider Electric Main Business
5.5.3 Schneider Electric Digital Oilfield Solutions Products, Services and Solutions
5.5.4 Schneider Electric Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.5.5 Schneider Electric Recent Developments
5.6 Honeywell International Inc
5.6.1 Honeywell International Inc Profile
5.6.2 Honeywell International Inc Main Business
5.6.3 Honeywell International Inc Digital Oilfield Solutions Products, Services and Solutions
5.6.4 Honeywell International Inc Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.6.5 Honeywell International Inc Recent Developments
5.7 General Electric
5.7.1 General Electric Profile
5.7.2 General Electric Main Business
5.7.3 General Electric Digital Oilfield Solutions Products, Services and Solutions
5.7.4 General Electric Digital Oilfield Solutions Revenue (US$ Million) & (2018-2023)
5.7.5 General Electric Recent Developments
6 North America
6.1 North America Digital Oilfield Solutions Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Digital Oilfield Solutions Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Digital Oilfield Solutions Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Digital Oilfield Solutions Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Digital Oilfield Solutions Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Digital Oilfield Solutions Market Dynamics
11.1 Digital Oilfield Solutions Industry Trends
11.2 Digital Oilfield Solutions Market Drivers
11.3 Digital Oilfield Solutions Market Challenges
11.4 Digital Oilfield Solutions Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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