Australia Digital Oilfield Market By Process (Drilling Optimization, Production Optimization, Reservoir Optimization and Others), By Solution (Instrumentation & Automation Vs. IT Services), By Region, Competition Forecast and Opportunities, 2017-2027

  • Industry : Oil and Gas
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Australia Digital Oilfield Market stood at USD13 Billion in 2021, which is projected to surpass USD20.25 Billion by 2027, showcasing growth at a CAGR of 7.34%, in value terms, during the forecast period. The primary driving force catalyzing the growth in the Australia Digital Oilfield Market is the growing focus towards sustainability, followed by subsequent demand for renewable energy solutions.

In addition to this, other factors influencing the growth in Australia Digital Oilfield include imminent arrival of electric vehicles and the conducive government measures. For instance, ESS Program is aimed at developing advanced energy storage technologies and systems for enhanced electricity generation & transmission in US, which would subsequently foster growth in the Australia Digital Oilfield Market, as well.

Australia Digital Oilfield market is controlled by these major players, namely– Rockwell Automation, Schlumberger Australia Pty Ltd., Wipro Limited, etc.

Objective of the Study:

  • To outline, classify and estimate the Australia Digital Oilfield market on the basis of process, solution and regional distribution.
  • To study and forecast the Australia market size of the Digital Oilfield, in terms of value.
  • To project the size of Digital Oilfield market, in terms of value, with respect to key processes such as Drilling Optimization, Production Optimization, Reservoir Optimization and Others.
  • To understand the regional market structure of Digital Oilfield market, the Australia Digital Oilfield market is segmented in seven regions, namely – Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia and forecast the market size, in terms of value.
  • To identify the detailed information about the prime factors affecting the Australia Digital Oilfield market.
  • To evaluate competitor pricing, average market selling prices and margins in the Australia Digital Oilfield market.
  • To examine competitive developments such as expansions, new entrants in the Australia Digital Oilfield market.
  • To strategically profile the leading players in the market which are involved in the supply of Digital Oilfield solutions and services nationwide.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading Digital Oilfield solution & service providers across Australia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the company personnel were also enquired about their key services, prices of services and competitors. Through this technique, TechSci Research was able to include the companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the processes, solutions, distribution network and regional presence of all major Digital Oilfield solutions & service providers across Australia.

TechSci Research calculated the market size for Australia Digital Oilfield using a bottom-up approach, where companies’ value sales data for standard solutions (Instrumentation & Automation Vs. IT Services) were recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective companies to arrive at the overall market size. Various secondary sources, secondary sources directories, databases, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

  • Digital Oilfield Solutions & Service Providers
  • Research organizations and consulting companies
  • Trade Associations, organizations, forums and alliances related to Digital Oilfield
  • Government bodies such as regulating authorities and policy makers
  • Industry associations
  • Market research and consulting firm

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as Digital Oilfield solution & service providers, customers and policy makers about which market segments should be targeted over the coming years (next two to five years) in order to strategize investments and capitalize on the growth of the market segment.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Process

·         Solution

Regional scope

Queensland, Western Australia, Tasmania, New South Wales, Northern Territory, South Australia, Victoria

Key companies profiled

Rockwell Automation, Schlumberger Australia Pty Ltd., Wipro Limited.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the Digital Oilfield has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Process:
    • Drilling Optimization
    • Production Optimization
    • Reservoir Optimization
    • Others
  • Market, by Solution:
    • Instrumentation & Automation
    • IT Services
  • Market, by Region:
    • Victoria
    • New South Wales
    • Queensland
    • Northern Territory
    • Tasmania
    • Western Australia
    • South Australia

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of service portfolio, market pricing, sales footprint, target customer types, etc.

Company Profiles: Detailed analysis of the major companies present in the Digital Oilfield market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Customer Profiling

  • List of current customers of Digital Oilfield

In case of you can’t find what you are looking for then please get in touch with our custom research team at [email protected]

Table of content

1.       Product Overview

2.       Research Methodology

3.       Impact of COVID-19 on Australia Digital Oilfield Market

4.       Executive Summary

5.       Voice of Customer

6.       Australia Digital Oilfield Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value

6.2.    Market Share & Forecast

6.2.1.By Process (Drilling Optimization, Production Optimization, Reservoir Optimization and Others)

6.2.2.By Solution (Instrumentation & Automation Vs. IT Services)

6.2.3.By Region (Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia)

6.2.4.By Company

7.       Australia Digital Oilfield Market Segmental Analysis

7.1.    Australia Drilling Optimization Market Outlook

7.1.1.Market Size & Forecast

7.1.1.1.      By Value

7.1.2.Market Share & Forecast

7.1.2.1.      By Region (Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia)

7.1.2.2.      By Company

7.2.    Australia Production Optimization Market Outlook

7.2.1.Market Size & Forecast

7.2.1.1.      By Value

7.2.2.Market Share & Forecast

7.2.2.1.      By Region (Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia)

7.2.2.2.      By Company

7.3.    Australia Reservoir Optimization Market Outlook

7.3.1.Market Size & Forecast

7.3.1.1.      By Value

7.3.2.Market Share & Forecast

7.3.2.1.      By Region (Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia)

7.3.2.2.      By Company

8.       Australia Digital Oilfield Market Attractiveness Index

8.1.    By Process (Drilling Optimization, Production Optimization, Reservoir Optimization and Others)

8.2.    By Solution (Instrumentation & Automation Vs. IT Services)

8.3.    By Region (Victoria, New South Wales, Queensland, Northern Territory, Tasmania, Western Australia and South Australia)

9.       Market Dynamics

9.1.    Drivers

9.2.    Challenges

10.   Market Trends & Developments

11.   Australia Economic Profile

12.   Value Chain Analysis

13.   Pricing Analysis

14.   Trade Dynamics

15.   List of Major Customers

16.   List of Major Channel Partners

17.   Competitive Landscape

17.1.  Competitive Benchmarking

17.2.  Company Profiles (Top Leading Companies)

17.2.1.    Rockwell Automation

17.2.2.    Schlumberger Australia Pty Ltd.

17.2.3.    Wipro Limited

18.   Strategic Recommendations

Figures and Tables

Frequently asked questions

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Accumulating demand for renewable energy solutions, booming era of electric vehicles and favorable government schemes & programs are anticipated to propel the Australia digital oilfield market during forecast period.

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Australia digital oilfield market is segmented on the basis of process, solution, and region.

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Based on process, product optimization segment is expected to hold the largest share in Australia digital oilfield market during forecast period.

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Australia Digital Oilfield market is controlled by these major players, namely– Rockwell Automation, Schlumberger Australia Pty Ltd., Wipro Limited, etc.

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