11 June 2019
Visiongain’s new 155 page Digital Oilfield Optimisation Market Forecast 2019-2029: Forecasts by Process (Production Optimization, Drilling Optimization, Reservoir Optimization, and Others), by Component (Hardware, Software, Services), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) Plus Analysis of Leading Digital Oilfield Companies indicates that the digital oilfield market will generate revenues of $22bn in 2019.
The report contains 150+ tables, charts and graphs that add visual analysis in order to explain evolving trends within the digital oilfield market. Visiongain provides forecasts for the period 2019-2029 in terms of sales/ revenues for the global market, as well as for regional markets (North America, Europe, Asia-Pacific, Latin America, Middle east and Africa), with a further analysis of the leading countries within these regions.
The report also includes forecasts for the period 2019-2029 for the seven submarkets covering: Hardware, Software, Services, Production Optimization, Drilling Optimization, Reservoir Optimization and Others.
The Digital Oilfield Optimisation Market Forecast 2019-2029 will be of value to anyone who wants to better understand the digital oilfield market and its dynamics. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the oil & gas industry.
Notes for Editors
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Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Increasing oil consumption, high recovery rates through successful implementation of CEOR, coupled with high cost of new exploration is expected to drive the implementation of CEOR over the coming years.
22 October 2020
Visiongain expects that various public support mechanisms will remain the principal driver throughout the forecast period. Estimates for the cost of CCS range between research papers as well as between capture technologies and plant characteristics.
02 October 2020
Supply gap due to production halt brought about by COVID-19 pandemic is expected restrict sales growth. However, the rising demand for coal tar products from the healthcare sector is expected to stabilize market growth during the forecast period.
25 September 2020
Increasing raw material prices is expected to hinder market growth. Furthermore, short term demand drops from the industrial segment due to COVID-19 lockdowns is expected to decline circuit breaker sales.