Operational Digital Oilfield Market to Grow at a 4.9% CAGR Forecast to 2022

PUNE, INDIA, October 7, 2016 /EINPresswire.com/ -- According to researcher, the Global Operational Digital Oilfield market is estimated to be $24.2 billion in 2015 and is expected to reach $33.8 billion by 2022 growing at a CAGR of 4.9% from 2015-2022. Some of the major drivers impacting the demand for the market include advancements in technology, production optimization and manufacturing oil from mature oilfields. However, instable oil prices will create a critical challenge for the market. Moreover, the market has tremendous growth opportunity with integration of complicated hardware and software solutions in oilfields.

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Automation & Instrumentation segment is expected to witness a highest growth rate during the forecast period due to declining human capital in industry and growing demand for automated oilfield process. By geography, North America dominated the global market owing to rising exploration for unconventional oil and gas resources.
Some of the key players in this market include BP p.l.c., Baker Hughes Incorporated, Lockheed Martin Canada CDL Systems, Statoil ASA, Honeywell International, Halliburton Company, Kongsberg Gruppen, HIS Inc., Katalyst Data Management and China National Petroleum (CNPC).

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Process Covered:
• Reservoir
• Production Optimizations
• Drilling Optimization
• Other Process
Service Covered:
• Automation & Instrumentation
• IT Service
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Key points in table of content
1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Emerging markets

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Operational Digital Oilfield Market, By Process
5.1 Introduction
5.2 Reservoir
5.3 Production Optimizations
5.4 Drilling Optimization
5.5 Other Process
5.5.1 Asset management
5.5.2 Safety Management
5.5.3 Maintenance & repair

6 Global Operational Digital Oilfield Market, By Service
6.1 Introduction
6.2 Automation & Instrumentation
6.2.1 Distributed Control System DCS
6.2.2 Supervisory Control And Data AcquisitionSCADA
6.2.3 Programmable Logic ControllerPLC
6.2.4 Intelligent Wells
6.2.5 Computational Pipeline Monitoring CPM
6.2.6 Wireless Sensor
6.2.7 Safety System
6.3 IT Service
6.3.1 Outsourcing
6.3.2 Equipment & Software
6.3.2.1 4-D Visualization and Modeling
6.3.2.2 Remote Communications Technology

7 Global Operational Digital Oilfield Market, By Geography
7.1 North America
7.1.1 US
7.1.2 Canada
7.1.3 Mexico
7.2 Europe
7.2.1 Germany
7.2.2 France
7.2.3 Italy
7.2.4 UK
7.2.5 Spain
7.2.7 Rest of Europe
7.3 Asia Pacific
7.3.1 Japan
7.3.2 China
7.3.3 India
7.3.4 Australia
7.3.5 New Zealand
7.3.7 Rest of Asia Pacific
7.4 Rest of the World
7.4.1 Middle East
7.4.2 Brazil
7.4.3 Argentina
7.4.4 South Africa
7.4.5 Egypt

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 BP p.l.c.
9.2 Baker Hughes Incorporated
9.3 Lockheed Martin Canada CDL Systems
9.4 Statoil ASA
9.5 Honeywell International
9.6 Halliburton Company
9.7 Kongsberg Gruppen
9.8 HIS Inc.
9.9 Katalyst Data Management
9.10 China National Petroleum (CNPC)
9.11 Point cross Inc
9.12 Nabors Industries Ltd
9.13 Petrolink
9.14 Pason system, Inc
9.15 Paradigm Limited
9.16 Microseismic
9.17 National Oilwell Varco
9.18 Redline Communications Group
9.19 Rockwell Automation
9.20 Siemens AG
9.21 Superior Energy Services Inc
9.22 Schlumberger Ltd
9.23 Weatherford International
9.24 Royal Dutch Shell

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Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
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