Updated Research Report of Oilfield Communications Market 2020-2026:
Overview:
Global Oilfield Communications Market to Reach $4.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Oilfield Communications estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2026, growing at a CAGR of 4.2% over the period 2020-2026. Solutions, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$4.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 1.7% CAGR for the next 6-year period.
The U. S. Market is Estimated at $977.6 Million, While China is Forecast to Grow at 7.5% CAGR
The Oilfield Communications market in the U. S. is estimated at US$977.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2026 trailing a CAGR of 7.5% over the analysis period 2020 to 2026. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 3.1% respectively over the 2020-2026 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. We bring years of research experience to this 16th edition of our report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Market segment by Type, the product can be split into
Cellular Communication
VSAT
Fiber Optic
Microwave
Tetra Network
Market segment by Application, split into
Onshore Communications
Offshore Communications
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Based on regional and country-level analysis, the Oilfield Communications market has been segmented as follows:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
In the competitive analysis section of the report, leading as well as prominent players of the global Oilfield Communications market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
The key players covered in this study
Huawei Technologies
Siemens
Speedcast
ABB
Commscope
Inmarsat
Tait Communications
GE(Baker Hughes)
Alcatel-Lucent Enterprise
Ceragon Networks
RAD Data Communications
Rignet
Hughes Network Systems
Airspan Networks
Commtel Networks
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Major Key Points in Table of Content
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Oilfield Communications Breakdown Data by Type (2015-2026)
5 Oilfield Communications Breakdown Data by Application (2015-2026)
6 North America
7 Europe
8 China
9 Japan
10 Southeast Asia
11Key Players Profiles
12Analyst’s Viewpoints/Conclusions
Continued………
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Note:
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