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Oil & Gas Electrification Market Share

  • Report ID: GMI5291
  • Published Date: Jul 2022
  • Report Format: PDF
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Oil & Gas Electrification Market Share

Major companies operating in the market are

  • Schlumberger Limited
  • ConocoPhillips Company
  • Chevron Corporation
  • ZTT
  • LS Cable & System Ltd.
  • Southwire Company, LLC
  • Prysmian S.p.A.
  • Aker Solutions
  • Siemens
  • General Electric
  • Equinor ASA
  • Nexans
  • Norddeutsche Seekabelwerke GmbH
  • ABB

These leaders are focusing on the introduction of advanced technologies with extensive product installations, positively impacting the industry scenario. Furthermore, strategic partnerships, contracts and inorganic growth ventures among major players will complement the industry expansion.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of oil & gas electrification surpassed USD 1.4 billion in 2021 and is anticipated to record over 31% CAGR during the forecast period of 2022-2030.

The offshore wind technology segment will cross USD 19 billion by 2030 due to the growing emphasis of governments on achieving the zero-emission targets.

Europe market share will increase considerably by 2030 because of the rising inclination towards the decarbonization of the region’s oil & gas sector along with the extensive creation of eco-friendly solutions to generate power.

ZTT, Chevron Corporation, ConocoPhillips Company, Schlumberger Limited, Southwire Company, LLC, and LS Cable & System Ltd., among many others, are the leading market participants.

Oil & Gas Electrification Market Scope

  • Oil & Gas Electrification Market Size
  • Oil & Gas Electrification Market Analysis
  • Oil & Gas Electrification Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 30
    • Tables & Figures: 290
    • Countries covered: 16
    • Pages: 270
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