Global Oilfield Communications Market - Segmented by Solution, Communication Network, Field Site, and Region - Growth, Trends, and Forecast
|出版商||Mordor Intelligence LLP||商品編碼||393852|
|出版日期||內容資訊||英文 106 Pages
|油田用通訊的全球市場:市場規模、趨勢、未來預測 Global Oilfield Communications Market - Segmented by Solution, Communication Network, Field Site, and Region - Growth, Trends, and Forecast|
|出版日期: 2018年05月18日||內容資訊: 英文 106 Pages||
本報告提供全球油田通訊解決方案、服務市場相關分析，整體市場結構和促進、阻礙因素，全球、各地區市場趨勢預測 (今後6年份)，解決方案/服務的各類型及各通訊技術、各地點 (陸上/海上)的詳細趨勢，主要企業簡介、市場佔有率，今後的投資機會、市場趨勢預測等調查。
The global oilfield communications market was valued at USD 2.85 billion in 2017, and is expected to reach USD 4.21 billion by 2023 at a CAGR of 6.72% over the forecast period (2018-2023). The market is segmented by solution into M2M communication, asset performance communication, unified communication, VoIP, video conferencing, pipeline scada, fleet management communication, oilfield to control center data communication, and Wi-Fi hotspot type of solutions. The market is also segmented by communication network, field site, and region.
Growing Adoption of Cloud-based Services is the Major Driver for the Market
With growing adoption of cloud-based services, oil companies are compelled to use oil field communication. This keeps their offshore sites connected with the inshore site about production stats, which helps in better supply chain management. The smooth flow of materials is very important for oil companies as their profitability is highly dependent upon the turnover and downtime needs to be avoided.
Microwave Communication Network is expected to Grow Fastest in the Forecast Period
Microwave transmission equipment can be used for various communication applications such as cellular, radio telecommunication, broadband, satellite, radar, and navigation. The reducing profit margins from mobile networks have induced mobile network operators (MNOs) to focus more on generating their revenue from data rather than voice to increase their profitability. There is an increasing demand for data, and this will compel MNOs to upgrade their infrastructure. Upgrading the transport network includes cost of equipment and services and requires at least 30% of the overall project cost. This high cost is mainly due to the high price of equipment for the optical transport-based network. Whereas, deploying a microwave network costs less than the deployment of the fiber network. Microwave deployment allows fast go-to-market reach and has a much lesser footprint than the fiber network.
North America is Expected to Hold the Largest Market Share in the Oilfield Communications Market During the Forecast Period
North America is the pioneer in this market and is expected to grow at a highest rate as it is the largest oil and gas producer, with companies seeking advanced digital communication solutions for their onshore and offshore field operations. Many oil producing companies are headquartered in the United States. Most of the companies pilot new services in the country before global launches and deployment. Fast adoption of new technology in this country and growing focus on global communication is pushing the market forward.
Key Developments in the Market
September 2017 - Recon got several contracts totaling approximately RMB 6.1 million, or approximately USD 0.9 million, to develop four Internet-of-things oil and gas production projects for three plants of PetroChina Changqing Oilfield Company.
The major players include - HUAWEI TECHNOLOGIES CO. LTD, SIEMENS AG, SPEEDCAST INTERNATIONAL LIMITED, ABB LTD, COMMSCOPE, INC., INMARSAT PLC, TAIT COMMUNICATIONS, BAKER HUGHES INCORPORATED, ALCATEL-LUCENT S.A., CERAGON NETWORKS LTD., RAD DATA COMMUNICATIONS, INC., RIGNET, INC. HUGHES NETWORK SYSTEMS LLC, AIRSPAN NETWORKS, INC., and COMMTEL NETWORKS PVT. LTD, amongst others.
Reasons to Purchase the Report
Current and future oilfield communications market in the developed and emerging markets
Analysing various perspectives of the market with the help of Porter's five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players.
3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
List not Exhaustive