Offshore Oil and Gas Communications Market, Global Outlook and Forecast 2023-2029
The most commonly chosen solution for offshore communications are satellite communications, which require a VSAT at the offshore site and are used many times for vessels that may be in extremely remote locations or on the move. With the help of microwave telecommunications technology, data is transported via wavelengths that measure less than one meter in length. These microwave solutions are chosen for locations that are within proximity to each Others. Fiber optical telecommunications are chosen for locations that are in high traffic areas, such as the North Sea or US Gulf of Mexico. Even cellular telecommunications services can be accessible at some places offshore. US Gulf of Mexico has cellular towers installed offshore that allow these cellular communications from rigs and platforms near the coast to onshore locations. All these technologies will lead to the growth of the offshore oil & gas communications market.
This report aims to provide a comprehensive presentation of the global market for Offshore Oil and Gas Communications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Oil and Gas Communications. This report contains market size and forecasts of Offshore Oil and Gas Communications in global, including the following market information:
Global Offshore Oil and Gas Communications Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Offshore Oil and Gas Communications market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Cellular Communication Network Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Offshore Oil and Gas Communications include ABB Ltd., GE(Baker Hughes), CommScope Inc., Rignet Inc., AT&T Inc., Redline Communications Inc., ITC Global Inc., Speedcast and Huawei Technologies Co. Ltd, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Offshore Oil and Gas Communications companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Offshore Oil and Gas Communications Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Offshore Oil and Gas Communications Market Segment Percentages, by Type, 2022 (%)
Cellular Communication Network
VSAT Communication Network
Fiber Optic-based Communication Network
Microwave Communication Network
Global Offshore Oil and Gas Communications Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Offshore Oil and Gas Communications Market Segment Percentages, by Application, 2022 (%)
Commercials
Demostration
Global Offshore Oil and Gas Communications Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Offshore Oil and Gas Communications Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Offshore Oil and Gas Communications revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Offshore Oil and Gas Communications revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB Ltd.
GE(Baker Hughes)
CommScope Inc.
Rignet Inc.
AT&T Inc.
Redline Communications Inc.
ITC Global Inc.
Speedcast
Huawei Technologies Co. Ltd
SpeedCast International Limited
Tait Communications
Airspan Networks Inc.
ERF Wireless Inc.
Alcatel Lucent S.A.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Offshore Oil and Gas Communications, market overview.
Chapter 2: Global Offshore Oil and Gas Communications market size in revenue.
Chapter 3: Detailed analysis of Offshore Oil and Gas Communications company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Offshore Oil and Gas Communications in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
