Europe Digital Oilfield Market - Industry Trends and Forecast to 2029
Europe digital oilfield market is projected to register a CAGR of 6.6% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029
Market Segmentation
Europe Digital Oilfield Market, By Offering (Software, Hardware, and Services), Process (Production Optimization, Reservoir Optimization, Drilling Optimization, Safety Management, and Others), Technology (IoT & Mobile Devices, AI & Advance Analytics, Cloud Computing, Robotics, and Others), Application (On-Shore and Off-Shore), Country (U.K., Germany, Italy, France, Spain, Turkey, Russia, Netherlands, Belgium, Switzerland and Rest of Europe) Industry Trends and Forecast to 2029
Some of the major factors contributing to the Europe digital oilfield market are:
• Rapid digitization of the oil and gas sector
• Advent of emerging technologies such as artificial intelligence (AI) & IoT
Market Players
Some key market players in the Europe digital oilfield market are listed below:
• Baker Hughes Company
• IBM Corporation
• Microsoft
• Rockwell Automation, Inc.
• Halliburton Energy Services, Inc.
• CGG
• Schlumberger Limited
• Redline Communications
• Osperity
• Emerson Electric Co.
• Siemens AG.
• ABB
• Honeywell International Inc.
• NOV Inc.
• Petrolink.
• Weatherford
• Katalyst Data Management
• Digi International Inc.
• Kongsberg Digital (a subsidiary of KONGSBERG)
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- 1 Introduction
- 1.1 Objectives Of The Study
- 1.2 Market Definition
- 1.3 Overview Of The Europe Digital Oilfield Market
- 1.4 Currency And Pricing
- 1.5 Limitations
- 1.6 Markets Covered
- 2 Market Segmentation
- 2.1 Markets Covered
- 2.2 Years Considered For The Study
- 2.3 Geographic Scope
- 2.4 Dbmr Tripod Data Validation Model
- 2.5 Primary Interviews With Key Opinion Leaders
- 2.6 Dbmr Market Position Grid
- 2.7 Vendor Share Analysis
- 2.8 Multivariate Modelling
- 2.9 Component Curve
- 2.10 Market Application Coverage Grid
- 2.11 Secondary Sources
- 2.12 Assumptions
- 3 Executive Summary
- 4 Premium Insights
- 4.1 Porter’s Five Forces
- 4.2 Pestel Analysis
- 4.3 Technological Advancement By Manufacturers
- 4.4 Production Consumption Analysis
- 4.5 Price Trend Analysis
- 4.6 List Of Buyers
- 4.7 Vendor Selection Criteria
- 4.8 Regulations And Standards Coverage
- 4.9 Supply Chain Analysis
- 4.9.1 Overview
- 4.9.2 Logistic Cost Scenario
- 4.9.3 Importance Of Logistics Service Providers
- 4.10 Climate Change Scenario
- 4.10.1 Environmental Concerns
- 4.10.2 Industry Response
- 4.10.3 Government's Role
- 4.10.4 Analyst Recommendations
- 5 Market Overview
- 5.1 Drivers
- 5.1.1 Advent Of Digitization In The Oil And Gas Sector Across The Region
- 5.1.2 Rising Penetration Of Emerging Technologies Such As Artificial Intelligence (Ai) And Iot
- 5.1.3 Growing Adoption Of Mobile And Satellite Communication/ Connectivity
- 5.1.4 Growing Initiatives By Companies To Minimize Carbon Footprint
- 5.2 Restraint
- 5.2.1 Increase In Cyber Security Threats Due To Digital Initiatives
- 5.3 Opportunities
- 5.3.1 Rise In Demand For Well Intervention Services And Operational Digital Oilfield Solutions
- 5.3.2 Increase In Exploration Operations In Uncharted Offshore/Ultra-deep-waters
- 5.3.3 Rise Of Immersive Technology And Cloud-based Digital Oilfields Solution
- 5.4 Challenges
- 5.4.1 Interoperability Of Multiple System Components From Different Solution Providers
- 5.4.2 Trade Barriers, Low Production, And Restrictions In Logistics
- 6 Europe Digital Oilfield Market, By Offering
- 6.1 Overview
- 6.2 Software
- 6.2.1 Hosted
- 6.2.2 On-premise
- 6.3 Services
- 6.4 Hardware
- 6.4.1 Distributed Control Systems
- 6.4.2 Supervisory Control And Data Acquisition
- 6.4.3 Computer Equipment And Application Hardware
- 6.4.4 Smart-wells
- 6.4.5 Wireless Sensors
- 6.4.6 Process Automation
- 6.4.7 Safety Systems
- 6.4.8 Others
- 7 Europe Digital Oilfield Market, By Process
- 7.1 Overview
- 7.2 Production Optimization
- 7.3 Reservoir Optimization
- 7.4 Drilling Optimization
- 7.5 Safety Management
- 7.6 Others
- 8 Europe Digital Oilfield Market, By Technology
- 8.1 Overview
- 8.2 Iot & Mobile Devices
- 8.3 Ai & Advance Analytics
- 8.4 Cloud Computing
- 8.5 Robotics
- 8.6 Others
- 9 Europe Digital Oilfield Market, By Application
- 9.1 Overview
- 9.2 On-shore
- 9.3 Off-shore
- 10 Europe Digital Oilfield Market, By Region
- 10.1 Europe
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 U.K.
- 10.1.4 Turkey
- 10.1.5 Russia
- 10.1.6 Italy
- 10.1.7 Spain
- 10.1.8 Switzerland
- 10.1.9 Belgium
- 10.1.10 Netherlands
- 10.1.11 Rest Of Europe
- 11 Europe Digital Oilfield Market, Company Landscape
- 11.1 Company Share Analysis: Europe
- 12 Swot Analysis
- 13 Company Profile
- 13.1 Baker Hughes Company
- 13.1.1 Company Snapshot
- 13.1.2 Revenue Analysis
- 13.1.3 Company Share Analysis
- 13.1.4 Solution Portfolio
- 13.1.5 Recent Developments
- 13.2 Ibm Corporation
- 13.2.1 Company Snapshot
- 13.2.2 Revenue Analysis
- 13.2.3 Company Share Analysis
- 13.2.4 Solution Portfolio
- 13.2.5 Recent Developments
- 13.3 Microsoft
- 13.3.1 Company Snapshot
- 13.3.2 Revenue Analysis
- 13.3.3 Company Share Analysis
- 13.3.4 Product Portfolio
- 13.3.5 Recent Developments
- 13.4 Cgg
- 13.4.1 Company Snapshot
- 13.4.2 Revenue Analysis
- 13.4.3 Company Share Analysis
- 13.4.4 Product Portfolio
- 13.4.5 Recent Developments
- 13.5 Halliburton Energy Services, Inc.
- 13.5.1 Company Snapshot
- 13.5.2 Revenue Analysis
- 13.5.3 Company Share Analysis
- 13.5.4 Products Portfolio
- 13.5.5 Recent Developments
- 13.6 Abb
- 13.6.1 Company Snapshot
- 13.6.2 Revenue Analysis
- 13.6.3 Solutions Portfolio
- 13.6.4 Recent Developments
- 13.7 Digi International Inc.
- 13.7.1 Company Snapshot
- 13.7.2 Revenue Analysis
- 13.7.3 Product Portfolio
- 13.7.4 Recent Development
- 13.8 Emerson Electric Co.
- 13.8.1 Company Snapshot
- 13.8.2 Revenue Analysis
- 13.8.3 Solution Portfolio
- 13.8.4 Recent Development
- 13.9 Honeywell International Inc.
- 13.9.1 Company Snapshot
- 13.9.2 Revenue Analysis
- 13.9.3 Products Portfolio
- 13.9.4 Recent Developments
- 13.10 Katalyst Data Management
- 13.10.1 Company Snapshot
- 13.10.2 Product Portfolio
- 13.10.3 Recent Developments
- 13.11 Kongsberg Digital (A Subsidiary Of Kongsberg)
- 13.11.1 Company Snapshot
- 13.11.2 Revenue Analysis
- 13.11.3 Products Portfolio
- 13.11.4 Recent Developments
- 13.12 Nov Inc.
- 13.12.1 Company Snapshot
- 13.12.2 Revenue Analysis
- 13.12.3 Products Portfolio
- 13.12.4 Recent Developments
- 13.13 Oleumtech
- 13.13.1 Company Snapshot
- 13.13.2 Solution Portfolio
- 13.13.3 Recent Development
- 13.14 Osperity
- 13.14.1 Company Snapshot
- 13.14.2 Solution Portfolio
- 13.14.3 Recent Development
- 13.15 Petrolink.
- 13.15.1 Company Snapshot
- 13.15.2 Technology Portfolio
- 13.15.3 Recent Development
- 13.16 Redline Communications
- 13.16.1 Company Snapshot
- 13.16.2 Revenue Analysis
- 13.16.3 Service Portfolio
- 13.16.4 Recent Developments
- 13.17 Rockwell Automation, Inc.
- 13.17.1 Company Snapshot
- 13.17.2 Revenue Analysis
- 13.17.3 Solution Portfolio
- 13.17.4 Recent Developments
- 13.18 Schlumberger Limited
- 13.18.1 Company Snapshot
- 13.18.2 Revenue Analysis
- 13.18.3 Products Portfolio
- 13.18.4 Recent Developments
- 13.19 Siemens Ag.
- 13.19.1 Company Snapshot
- 13.19.2 Revenue Analysis
- 13.19.3 Solution Portfolio
- 13.19.4 Recent Developments
- 13.20 Weatherford
- 13.20.1 Company Snapshot
- 13.20.2 Revenue Analysis
- 13.20.3 Product Portfolio
- 13.20.4 Recent Developments
- 14 Questionnaire
- 15 Related Reports 161
- List Of Tables
- Table 1 Europe Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 2 Europe Software In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 3 Europe Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 4 Europe Services In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 5 Europe Hardware In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 6 Europe Hardware In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 7 Europe Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 8 Europe Production Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 9 Europe Reservoir Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 10 Europe Drilling Optimization In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 11 Europe Safety Management In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 12 Europe Others In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 13 Europe Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 14 Europe Iot & Mobile Devices In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 15 Europe Ai & Advance Analytics In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 16 Europe Cloud Computing In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 17 Europe Robotics In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 18 Europe Others In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 19 Europe Digital Oilfield Market, By Application 2020-2029 (Usd Million)
- Table 20 Europe On-shore In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 21 Europe Off-shore In Digital Oilfield Market, By Region, 2020-2029 (Usd Million)
- Table 22 Europe Digital Oilfield Market, By Country, 2020-2029 (Usd Million)
- Table 23 Europe Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 24 Europe Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 25 Europe Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 26 Europe Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 27 Europe Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 28 Europe Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 29 Germany Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 30 Germany Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 31 Germany Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 32 Germany Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 33 Germany Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 34 Germany Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 35 France Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 36 France Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 37 France Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 38 France Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 39 France Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 40 France Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 41 U.K. Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 42 U.K. Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 43 U.K. Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 44 U.K. Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 45 U.K. Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 46 U.K. Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 47 Turkey Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 48 Turkey Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 49 Turkey Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 50 Turkey Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 51 Turkey Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 52 Turkey Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 53 Russia Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 54 Russia Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 55 Russia Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 56 Russia Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 57 Russia Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 58 Russia Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 59 Italy Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 60 Italy Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 61 Italy Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 62 Italy Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 63 Italy Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 64 Italy Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 65 Spain Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 66 Spain Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 67 Spain Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 68 Spain Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 69 Spain Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 70 Spain Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 71 Switzerland Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 72 Switzerland Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 73 Switzerland Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 74 Switzerland Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 75 Switzerland Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 76 Switzerland Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 77 Belgium Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 78 Belgium Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 79 Belgium Hardware In Digital Oilfield Market, By Type, 2020-2029 (Usd Million)
- Table 80 Belgium Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 81 Belgium Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 82 Belgium Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 83 Netherlands Digital Oilfield Market, By Offering, 2020-2029 (Usd Million)
- Table 84 Netherlands Software In Digital Oilfield Market, By Deployment Mode, 2020-2029 (Usd Million)
- Table 85 Netherlands Digital Oilfield Market, By Process, 2020-2029 (Usd Million)
- Table 86 Netherlands Digital Oilfield Market, By Technology, 2020-2029 (Usd Million)
- Table 87 Netherlands Digital Oilfield Market, By Application, 2020-2029 (Usd Million)
- Table 88 Rest Of Europe Digital Oilfield Market, By Offering, 2020-2029 (Usd Million) 104
- List Of Figures
- Figure 1 Europe Digital Oilfield Market: Segmentation
- Figure 2 Europe Digital Oilfield Market: Data Triangulation
- Figure 3 Europe Digital Oilfield Market: Droc Analysis
- Figure 4 Europe Digital Oilfield Market: Europe Vs Regional Market Analysis
- Figure 5 Europe Digital Oilfield Market: Company Research Analysis
- Figure 6 Europe Digital Oilfield Market: Interview Demographics
- Figure 7 Europe Digital Oilfield Market: Dbmr Market Position Grid
- Figure 8 Europe Digital Oilfield Market: Vendor Share Analysis
- Figure 9 Europe Digital Oilfield Market: Market Application Coverage Grid
- Figure 10 Europe Digital Oilfield Market: Segmentation
- Figure 11 Rising Penetration Of Emerging Technologies Such As Artificial Intelligence (Ai) And Iot Is Expected To Be Key Drivers For The Europe Digital Oilfield Market In The Forecast Period
- Figure 12 Software Segment Is Expected To Account For The Largest Share Of The Europe Digital Oilfield Market From 2022 To 2029
- Figure 13 Drivers, Restraints, Opportunities, And Challenges Of The Europe Digital Oilfield Market
- Figure 14 Increasing Number Of Research And Patent Filling In The Last Few Years
- Figure 15 Estimated Investments In Digital Technologies In The Oil And Gas Industry (%) (2021-2025)
- Figure 16 Europe Oil Consumption In Exajoule (Ej) From The Year 2000 To 2021:
- Figure 17 Europe Digital Oilfield Market: By Product, 2021
- Figure 18 Europe Digital Oilfield Market : By Process, 2021
- Figure 19 Europe Digital Oilfield Market : By Technology, 2021
- Figure 20 Europe Digital Oilfield Market : By Application, 2021
- Figure 21 Europe Digital Oilfield Market: Snapshot (2021)
- Figure 22 Europe Digital Oilfield Market: By Country (2021)
- Figure 23 Europe Digital Oilfield Market: By Country (2022 & 2029)
- Figure 24 Europe Digital Oilfield Market: By Country (2021 & 2029)
- Figure 25 Europe Digital Oilfield Market: By Offering (2022-2029)
- Figure 26 Europe Digital Oilfield Market: Company Share 2021 (%) 104
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