Oilfield communications

Global Oilfield Communications Market Size, by Technology (Cellular Communication Network, VSAT Communication Network), Service, Application & Region - Key Manufacturers, Analysis, Growth Trends, and Forecast till 2026

Category: Telecom and IT     ID: IRP1793     Date: Sep, 2020
Oilfield communication refers to communication systems that are utilized for the chief purpose of being able to provide support or assistance to the numerous oil and gas companies. This communications system can be required for a range of processes and applications, such as oil exploration, reporting technology, production processes, automation, and other processes that occur in the oil field.

The major concern confronted by the oil & gas industry is the implementation of a reliable communication network that can endure harsh environmental conditions in deep ocean waters and deserts. Since the major oil and gas companies are shifting their operations to offshore, it is creating a rising demand for high bandwidth communication solutions in far remote locations. Owing to the growing requirement for high bandwidth communication, a large number of oil exploration companies are advancing their exploration and production activities and downstream process on the oilfields, which in turn, is projected to drive industry growth during the forecast period.

The global oilfield communications market was estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million/billion by 2026, at a CAGR of XX% during 2018 to 2026. Scope of global oilfield communications market includes by technology (cellular communication network, vsat communication network, fiber optic-based communication network, microwave communication network, and tetra network), by service (professional services, managed services), by application (onshore, offshore), and by region (North America- U.S., Canada; Europe- U.K., France, Germany; Asia-Pacific- China, Japan, India; Latin America- Brazil, Mexico; Middle East & Africa- South Africa, Saudi Arabia).

The global oilfield communications market is primarily segmented by technology, service, application, and region.

In terms of technology, the market is split into:
* Cellular Communication Network
* VSAT Communication Network
* Fiber Optic-Based Communication Network
* Microwave Communication Network
* Tetra Network

In terms of service, the market is divided into:
* Professional Services
* Managed Services

On the application front, the market is segmented into:
* Onshore
* Offshore

The market is classified across regions and countries as follows:
* North America- U.S., Canada
* Europe- Russia, U.K., France, Germany, Italy
* Asia-Pacific- China, Japan, India, Australia
* Latin America- Brazil, Mexico
* Middle East & Africa- South Africa, Egypt, Saudi Arabia

Key Market Players:
The key players profiled in the market 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.
* Commtel Networks Pvt. Ltd.

These enterprises have been focusing on development strategies, such as expansions, new Technology launches, agreements & partnerships, and acquisitions to expand their application across the globe.
Key Benefits of the Report:
* Global, regional, country, technology, application, and service market size and their forecast from 2015-2026
* Identification and detailed analysis and insights on key market dynamics, such as drivers, opportunities, restraints, and challenges influencing the growth of the market
* Detailed analysis an insights on industry outlook with market specific PESTLE analysis, Porter’s Five Forces analysis, and Value Chain analysis, to achieve a better understanding of the market and prepare expansion strategies
* Identification and comprehensive analysis of key market players and their market share, detailed financial positions, key Technologys, core competencies, and unique selling points
* Identification and analysis of Key players’ competitive developments and strategic initiatives, such as mergers, joint ventures, sales contracts, and new Technology introduction in the market
* Expert interviews and their insights on current and future outlook, market shift, and factors impacting vendors’ short term and long term strategies
* Detailed insights on emerging regions, technology, application, and service with qualitative and quantitative inServiceation and facts
* Identification of the key patents filed in the field of oilfield communications
* Owing to the volatility seen in the market due to the Global COVID-19 pandemic, businesses around the globe wish to know the impact on their market and how this changes the projections for 2020 and the forthcoming years. Orian Research is in talks with seasoned market analysts and key note speakers to understand the impact of COVID 19 on markets and factors that will bring instability in the foreseeable future

Target Audience:
* Oilfield Communications manufacturer & Technology Providers
* Traders, Importers, and Exporters
* Raw Material Suppliers and Distributors
* Research and Consulting Firms
* Government and Research Organizations
* Associations and Industry Bodies

Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white Professional Servicess, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and Technologyion capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.

The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
* Manufacturers
* Suppliers
* Distributors
* Raw Material Providers
* Government Body & Associations
* Research Institutes

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