This research report provides an in-depth analysis of the global Digital Oil-Field Market based on enterprise size, services, solution, end-use industry, and geography. The report also provides an analysis of the factors that drive and restrain the growth of the Digital Oil-Field market. It discusses the prevailing market trends, prospective growth opportunities, and major strategies increasing the popularity of the global market. It provides market estimates and forecasts for all the segments in terms of revenue.
Houston, TX -- (SBWIRE) -- 03/07/2018 -- This report studies sales (consumption) of Digital Oil-Field in Global market, especially in USA, China, Europe, Japan, India and Southeast Asia, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering: Baker Hughes, Brodersen A/S, Emerson Electric Co., Halliburton, Honeywell International Inc., Huawei Technologies Co., Ltd., Istore, Kongsberg Gruppen, National Oilwell Varco, Inc., Pason Systems Corp., Petrolink, Schlumberger Ltd., Siemens AG, Vmonitor, Weatherford International Ltd., Zetron, Inc.
Market Segment by Regions, this report splits Global into several key Regions, with sales (consumption), revenue, market share and growth rate of Digital Oil-Field in these regions, from 2012 to 2023 (forecast), like, USA, China, Europe, Japan, India, Southeast Asia.
Digital Oilfield means the use of technology to manage various aspects of oil and gas production. Digital Oilfield maximizes genetic recovery and eliminates unproductive time by integrating advanced workflow and design.
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Combines business process management with advanced information technology to simplify and automate the execution of a variety of tasks at various functional levels. Applying advanced software, hardware and data analysis, digital genomics is implemented in the following areas:
Production Optimization is expected to be the largest segment of the digital oil field market by process in 2017. This segment is expected to grow during the forecast year due to increased production activity of major oil and gas suppliers around the world. Each oil output. Through the adoption and implementation of digital optimization technology, the company can achieve production goals and improve the profitability of each
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The land sector is the fastest growing market during the forecast period and is expected to dominate the market during the forecast period. The strength of land applications such as the Middle East and North America is stronger. This field of digitization in this area, which can maximize oil and gas production, reduces work-in-process time and improves profitability through workflow integration. This ultimately creates new revenue streams in the digital genetic market during the forecast period.
In this report, the digital oil market was analyzed for six regions: Asia Pacific, Europe, North America, South America, the Middle East and Africa. Europe is expected to be the largest digital oilfield by region during the forecast period. There are several mature areas in the region that require increased technical capacity to produce oil in the North Sea. Russia, the United Kingdom, and Norway share most of the reserves in the region. Oil and gas production in Britain and Norway is done in offshore areas, but Russia has more onshore fields. As the number of oil and gas sectors grows, there is a demand for digital oil fields such as intervention and EOR (oil recovery) technology.