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Digital Oilfield Technology Market, Global Outlook and Forecast 2022-2028

March 2022 | 64 pages | ID: DB188515AD3BEN
Market Monitor Global

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Digital oilfield technology is the integration of networking, communication, and automation with oilfield processes such as surveying, drilling, and production.

This report contains market size and forecasts of Digital Oilfield Technology in Global, including the following market information:

Global Digital Oilfield Technology Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Digital Oilfield Technology market was valued at 24640 million in 2021 and is projected to reach US$ 29270 million by 2028, at a CAGR of 2.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Product optimization Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Digital Oilfield Technology include Schlumberge, Halliburton Company, GE(Baker Hughes), National Oilwell Varco, Weatherford International, Siemens, Honeywell International, Kongsberg Gruppen ASA and Emerson Electric and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Oilfield Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Digital Oilfield Technology Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Digital Oilfield Technology Market Segment Percentages, by Type, 2021 (%)
  • Product optimization
  • Reservoir optimization
  • Drilling optimization
  • Others
Global Digital Oilfield Technology Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Digital Oilfield Technology Market Segment Percentages, by Application, 2021 (%)
  • Instrumentation & Automation
  • IT Expenditure
Global Digital Oilfield Technology Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Digital Oilfield Technology Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Digital Oilfield Technology revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Digital Oilfield Technology revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • Schlumberge
  • Halliburton Company
  • GE(Baker Hughes)
  • National Oilwell Varco
  • Weatherford International
  • Siemens
  • Honeywell International
  • Kongsberg Gruppen ASA
  • Emerson Electric
  • Petrolink International
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Digital Oilfield Technology Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Digital Oilfield Technology Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL DIGITAL OILFIELD TECHNOLOGY OVERALL MARKET SIZE

2.1 Global Digital Oilfield Technology Market Size: 2021 VS 2028
2.2 Global Digital Oilfield Technology Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Digital Oilfield Technology Players in Global Market
3.2 Top Global Digital Oilfield Technology Companies Ranked by Revenue
3.3 Global Digital Oilfield Technology Revenue by Companies
3.4 Top 3 and Top 5 Digital Oilfield Technology Companies in Global Market, by Revenue in 2021
3.5 Global Companies Digital Oilfield Technology Product Type
3.6 Tier 1, Tier 2 and Tier 3 Digital Oilfield Technology Players in Global Market
  3.6.1 List of Global Tier 1 Digital Oilfield Technology Companies
  3.6.2 List of Global Tier 2 and Tier 3 Digital Oilfield Technology Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Digital Oilfield Technology Market Size Markets, 2021 & 2028
  4.1.2 Product optimization
  4.1.3 Reservoir optimization
  4.1.4 Drilling optimization
  4.1.5 Others
4.2 By Type - Global Digital Oilfield Technology Revenue & Forecasts
  4.2.1 By Type - Global Digital Oilfield Technology Revenue, 2017-2022
  4.2.2 By Type - Global Digital Oilfield Technology Revenue, 2023-2028
  4.2.3 By Type - Global Digital Oilfield Technology Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Digital Oilfield Technology Market Size, 2021 & 2028
  5.1.2 Instrumentation & Automation
  5.1.3 IT Expenditure
5.2 By Application - Global Digital Oilfield Technology Revenue & Forecasts
  5.2.1 By Application - Global Digital Oilfield Technology Revenue, 2017-2022
  5.2.2 By Application - Global Digital Oilfield Technology Revenue, 2023-2028
  5.2.3 By Application - Global Digital Oilfield Technology Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Digital Oilfield Technology Market Size, 2021 & 2028
6.2 By Region - Global Digital Oilfield Technology Revenue & Forecasts
  6.2.1 By Region - Global Digital Oilfield Technology Revenue, 2017-2022
  6.2.2 By Region - Global Digital Oilfield Technology Revenue, 2023-2028
  6.2.3 By Region - Global Digital Oilfield Technology Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Digital Oilfield Technology Revenue, 2017-2028
  6.3.2 US Digital Oilfield Technology Market Size, 2017-2028
  6.3.3 Canada Digital Oilfield Technology Market Size, 2017-2028
  6.3.4 Mexico Digital Oilfield Technology Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Digital Oilfield Technology Revenue, 2017-2028
  6.4.2 Germany Digital Oilfield Technology Market Size, 2017-2028
  6.4.3 France Digital Oilfield Technology Market Size, 2017-2028
  6.4.4 U.K. Digital Oilfield Technology Market Size, 2017-2028
  6.4.5 Italy Digital Oilfield Technology Market Size, 2017-2028
  6.4.6 Russia Digital Oilfield Technology Market Size, 2017-2028
  6.4.7 Nordic Countries Digital Oilfield Technology Market Size, 2017-2028
  6.4.8 Benelux Digital Oilfield Technology Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Digital Oilfield Technology Revenue, 2017-2028
  6.5.2 China Digital Oilfield Technology Market Size, 2017-2028
  6.5.3 Japan Digital Oilfield Technology Market Size, 2017-2028
  6.5.4 South Korea Digital Oilfield Technology Market Size, 2017-2028
  6.5.5 Southeast Asia Digital Oilfield Technology Market Size, 2017-2028
  6.5.6 India Digital Oilfield Technology Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Digital Oilfield Technology Revenue, 2017-2028
  6.6.2 Brazil Digital Oilfield Technology Market Size, 2017-2028
  6.6.3 Argentina Digital Oilfield Technology Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Digital Oilfield Technology Revenue, 2017-2028
  6.7.2 Turkey Digital Oilfield Technology Market Size, 2017-2028
  6.7.3 Israel Digital Oilfield Technology Market Size, 2017-2028
  6.7.4 Saudi Arabia Digital Oilfield Technology Market Size, 2017-2028
  6.7.5 UAE Digital Oilfield Technology Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Schlumberge
  7.1.1 Schlumberge Corporate Summary
  7.1.2 Schlumberge Business Overview
  7.1.3 Schlumberge Digital Oilfield Technology Major Product Offerings
  7.1.4 Schlumberge Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.1.5 Schlumberge Key News
7.2 Halliburton Company
  7.2.1 Halliburton Company Corporate Summary
  7.2.2 Halliburton Company Business Overview
  7.2.3 Halliburton Company Digital Oilfield Technology Major Product Offerings
  7.2.4 Halliburton Company Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.2.5 Halliburton Company Key News
7.3 GE(Baker Hughes)
  7.3.1 GE(Baker Hughes) Corporate Summary
  7.3.2 GE(Baker Hughes) Business Overview
  7.3.3 GE(Baker Hughes) Digital Oilfield Technology Major Product Offerings
  7.3.4 GE(Baker Hughes) Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.3.5 GE(Baker Hughes) Key News
7.4 National Oilwell Varco
  7.4.1 National Oilwell Varco Corporate Summary
  7.4.2 National Oilwell Varco Business Overview
  7.4.3 National Oilwell Varco Digital Oilfield Technology Major Product Offerings
  7.4.4 National Oilwell Varco Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.4.5 National Oilwell Varco Key News
7.5 Weatherford International
  7.5.1 Weatherford International Corporate Summary
  7.5.2 Weatherford International Business Overview
  7.5.3 Weatherford International Digital Oilfield Technology Major Product Offerings
  7.5.4 Weatherford International Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.5.5 Weatherford International Key News
7.6 Siemens
  7.6.1 Siemens Corporate Summary
  7.6.2 Siemens Business Overview
  7.6.3 Siemens Digital Oilfield Technology Major Product Offerings
  7.6.4 Siemens Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.6.5 Siemens Key News
7.7 Honeywell International
  7.7.1 Honeywell International Corporate Summary
  7.7.2 Honeywell International Business Overview
  7.7.3 Honeywell International Digital Oilfield Technology Major Product Offerings
  7.7.4 Honeywell International Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.7.5 Honeywell International Key News
7.8 Kongsberg Gruppen ASA
  7.8.1 Kongsberg Gruppen ASA Corporate Summary
  7.8.2 Kongsberg Gruppen ASA Business Overview
  7.8.3 Kongsberg Gruppen ASA Digital Oilfield Technology Major Product Offerings
  7.8.4 Kongsberg Gruppen ASA Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.8.5 Kongsberg Gruppen ASA Key News
7.9 Emerson Electric
  7.9.1 Emerson Electric Corporate Summary
  7.9.2 Emerson Electric Business Overview
  7.9.3 Emerson Electric Digital Oilfield Technology Major Product Offerings
  7.9.4 Emerson Electric Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.9.5 Emerson Electric Key News
7.10 Petrolink International
  7.10.1 Petrolink International Corporate Summary
  7.10.2 Petrolink International Business Overview
  7.10.3 Petrolink International Digital Oilfield Technology Major Product Offerings
  7.10.4 Petrolink International Digital Oilfield Technology Revenue in Global Market (2017-2022)
  7.10.5 Petrolink International Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES

Table 1. Digital Oilfield Technology Market Opportunities & Trends in Global Market
Table 2. Digital Oilfield Technology Market Drivers in Global Market
Table 3. Digital Oilfield Technology Market Restraints in Global Market
Table 4. Key Players of Digital Oilfield Technology in Global Market
Table 5. Top Digital Oilfield Technology Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Digital Oilfield Technology Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Digital Oilfield Technology Revenue Share by Companies, 2017-2022
Table 8. Global Companies Digital Oilfield Technology Product Type
Table 9. List of Global Tier 1 Digital Oilfield Technology Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Digital Oilfield Technology Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Digital Oilfield Technology Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Digital Oilfield Technology Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Digital Oilfield Technology Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Digital Oilfield Technology Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Digital Oilfield Technology Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Digital Oilfield Technology Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Digital Oilfield Technology Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Digital Oilfield Technology Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Digital Oilfield Technology Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Digital Oilfield Technology Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Digital Oilfield Technology Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Digital Oilfield Technology Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Digital Oilfield Technology Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Digital Oilfield Technology Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Digital Oilfield Technology Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Digital Oilfield Technology Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Digital Oilfield Technology Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Digital Oilfield Technology Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Digital Oilfield Technology Revenue, (US$, Mn), 2023-2028
Table 30. Schlumberge Corporate Summary
Table 31. Schlumberge Digital Oilfield Technology Product Offerings
Table 32. Schlumberge Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 33. Halliburton Company Corporate Summary
Table 34. Halliburton Company Digital Oilfield Technology Product Offerings
Table 35. Halliburton Company Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 36. GE(Baker Hughes) Corporate Summary
Table 37. GE(Baker Hughes) Digital Oilfield Technology Product Offerings
Table 38. GE(Baker Hughes) Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 39. National Oilwell Varco Corporate Summary
Table 40. National Oilwell Varco Digital Oilfield Technology Product Offerings
Table 41. National Oilwell Varco Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 42. Weatherford International Corporate Summary
Table 43. Weatherford International Digital Oilfield Technology Product Offerings
Table 44. Weatherford International Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 45. Siemens Corporate Summary
Table 46. Siemens Digital Oilfield Technology Product Offerings
Table 47. Siemens Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 48. Honeywell International Corporate Summary
Table 49. Honeywell International Digital Oilfield Technology Product Offerings
Table 50. Honeywell International Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 51. Kongsberg Gruppen ASA Corporate Summary
Table 52. Kongsberg Gruppen ASA Digital Oilfield Technology Product Offerings
Table 53. Kongsberg Gruppen ASA Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 54. Emerson Electric Corporate Summary
Table 55. Emerson Electric Digital Oilfield Technology Product Offerings
Table 56. Emerson Electric Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)
Table 57. Petrolink International Corporate Summary
Table 58. Petrolink International Digital Oilfield Technology Product Offerings
Table 59. Petrolink International Digital Oilfield Technology Revenue (US$, Mn), (2017-2022)

LIST OF FIGURES

Figure 1. Digital Oilfield Technology Segment by Type in 2021
Figure 2. Digital Oilfield Technology Segment by Application in 2021
Figure 3. Global Digital Oilfield Technology Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Digital Oilfield Technology Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Digital Oilfield Technology Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Digital Oilfield Technology Revenue in 2021
Figure 8. By Type - Global Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 9. By Application - Global Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 10. By Region - Global Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 11. By Country - North America Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 12. US Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 16. Germany Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 17. France Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 24. China Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 28. India Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 30. Brazil Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Digital Oilfield Technology Revenue Market Share, 2017-2028
Figure 33. Turkey Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Digital Oilfield Technology Revenue, (US$, Mn), 2017-2028
Figure 37. Schlumberge Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Halliburton Company Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. GE(Baker Hughes) Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. National Oilwell Varco Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Weatherford International Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Siemens Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Honeywell International Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Kongsberg Gruppen ASA Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Emerson Electric Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Petrolink International Digital Oilfield Technology Revenue Year Over Year Growth (US$, Mn) & (2017-2022)



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