Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Robotic Drilling Equipment Market by Application (Land and Water), Installation (New Installation and Modernize), and End-user Industry (Oil and Gas): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A09350 | Pages: 180 | Jan 2021 | 453 Views | | |
| Author(s) : Digvijay Pawar & Rohit Sawant | Tables: 104 | Charts: 54 | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Robotic Drilling Equipment Market
Request Now !The robotic drilling equipment market was valued at $804.0 million in 2019, and is expected to reach $1,017.4 million by 2027, registering a CAGR of 8.4% from 2020 to 2027. Robotic drilling, also known as automated drilling, is an automation system that is specially developed for drilling operations in the oil & gas industry. It offers better solution for operations carried out in the oil & gas industry such as less drilling times, multi-sensor measurements, safer operations, and mass production. Robotic drilling companies manufacture robotic hardware as well as software to program and control the robots working on oil & gas rigs. There are mainly two types of robotic drills, onshore, which comprises robotic drilling machines on dry land; and offshore, which comprises robotic drilling on ocean floors or sea beds. These robotic drilling machines are used for building new rigs for extraction of oil & gas in onshore and offshore. They are also used for retrofit purpose on the old rigs during maintenance as well as while replacing the old parts of the system.
The robotic drilling equipment market was hampered owing to lockdown due to COVID-19 as demand for oil was drastically declined and many drilling rigs had to be shutdown.
The robotic drilling equipment market is mainly driven by rise in adoption of automation in the oil & gas industry. Automation gives better data collection, precise & accurate operations, and worker safety. In addition, there is minimum human intervention, which minimizes the probability of human errors. It also increases the efficiency of robotic drilling machines as well as operations carried in onshore and offshore. However, ability of computer systems and software to exchange and make use of information fed to the control system of robotic drilling machines compromises with the data privacy and cyber security risk of the data and operations of robotic drilling machines. Moreover, during the outbreak of COVID-19, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were also stopped or restricted to a huge extent. Construction & transportation activities along with their supply chains hampered on a global level. This led to decline in manufacturing of oil & gas, which directly hampers the robotic drilling equipment market. However, gradually, all industries are resuming their regular manufacturing and services. This is further expected to lead to re-initiation of robotic drilling manufacturing companies at their full-scale capacities, which is expected to help the market to start to recover by the beginning of 2022.
Get more information on this report : Request Sample Pages
On the contrary, increase in major steps taken toward the safety of workers working on oil & gas rigs in onshore and offshore has opened up new opportunities in the robotic drilling equipment market. Additionally, increase in exploration activities in ultra-deepwater in the Arctic region for extraction of oil & gas is anticipated to drive the robotic drilling equipment market growth during the forecast period.
The robotic drilling equipment market is segmented into application, installation, end-user industry, and region. On the basis of application, the market is divided into land and water. Depending on installation, it is classified into new installation and modernize. By end-user industry, it is bifurcated into oil and gas. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Russia, Norway, and the rest of Europe), Asia-Pacific (China, Malaysia, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Robotic Drilling Equipment Market
By Application
Onshore segment holds the largest share in robotic drilling equipment market
Get more information on this report : Request Sample Pages
By application, in 2019, the land segment dominated the robotic drilling equipment market, in terms of revenue, while the water segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of installation, the modernize segment led the market in 2019, in terms of revenue, and is anticipated to register the highest CAGR during the forecast period. By end-user industry, the oil segment led the market in 2019, in terms of revenue, while the gas segment is anticipated to register the highest CAGR during the forecast period.
Robotic Drilling Equipment Market
By End-user Industry
Oil segment holds dominant position in 2019
Get more information on this report : Request Sample Pages
Competition analysis
The major players profiled in the robotic drilling equipment market include Automated Rig Technologies Ltd., Drillform Technical Services Ltd., Drillmec Inc., Epiroc AB, Herrenknecht Group, Huisman Equipment B.V., KCA Deutag Alpha Limited, Loadmaster Universal Rigs, Inc., Nabors Industries Ltd., and National Oilwell Varco, Inc. Major companies in the market have adopted strategies, such as business expansion, partnership, acquisition, and product launch, to offer better products and services to customers in the robotic drilling equipment market. For instance, in August 2020, Drillform opened a new facility in the UAE in Abu Dhabi to provide service to customers in the Middle East and North Africa regions. It looks after the sales and services of its products through this facility.
Robotic Drilling Equipment Market
By Region
North America holds a dominant position in 2019 and Asia-Pacific is expected to grow at a highest rate during the forecast period.
Get more information on this report : Request Sample Pages
Key Benefits For Stakeholders
- The report provides an extensive analysis of the current and emerging robotic drilling equipment market trends and dynamics.
- In-depth robotic drilling equipment market analysis is conducted by estimations for the key segments between 2020 and 2027.
- Extensive analysis of the robotic drilling equipment market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
- The robotic drilling equipment market forecast analysis from 2020 to 2027 is included in the report.
- The key market players operating in the market and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.
Key Market Segments
By Application
- Land
- Water
By Installation
- New Installation
- Modernize
By End-user Industry
- Oil
- Gas
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Russia
- Norway
- Rest of Europe
- Asia-Pacific
- China
- Malaysia
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- Automated Rig Technologies Ltd.
- Drillform Technical Services Ltd.
- Drillmec Inc.
- Epiroc AB
- Herrenknecht AG
- Huisman Equipment B.V.
- KCA Deutag Alpha Limited
- Loadmaster Universal Rigs, Inc.
- Nabors Industries Ltd.
- National Oilwell Varco, Inc.
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Research methodology
1.2.1.Primary research
1.2.2.Secondary research
1.2.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key forces shaping robotic drilling industry
3.3.Key findings
3.3.1.Top investment pockets
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increasing adoption of automation in oil & gas industry.
3.4.1.2.Improved operational efficiency.
3.4.2.Restraints
3.4.2.1.Risk of data privacy and cyber security owing to interoperability.
3.4.3.Opportunity
3.4.3.1.Increased exploration activities in ultra-deepwater and Arctic region
3.5.COVID-19 impact analysis
CHAPTER 4:ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION
4.1.Market overview
4.1.1.Market size and forecast, by application
4.2.Land
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country
4.3.Water
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
CHAPTER 5:ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION
5.1.Market overview
5.1.1.Market size and forecast, by installation
5.2.New installation
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Modernize
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY
6.1.Market overview
6.1.1.Market size and forecast, by end-user industry
6.2.Oil
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Gas
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
CHAPTER 7:ROBOTIC DRILLING EQUIPMENT MARKET, BY REGION
7.1.Market overview
7.1.1.Market size and forecast, by region
7.2.North America
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.North America market size and forecast, by application
7.2.3.North America market size and forecast, by installation
7.2.4.North America market size and forecast, by end-user industry
7.2.5.North America market size and forecast, by country
7.2.5.1.U.S.
7.2.5.1.1.U.S. market size and forecast, by application
7.2.5.1.2.U.S. market size and forecast, by installation
7.2.5.1.3.U.S. market size and forecast, by end-user industry
7.2.5.2.Canada
7.2.5.2.1.Canada market size and forecast, by application
7.2.5.2.2.Canada market size and forecast, by installation
7.2.5.2.3.Canada market size and forecast, by end-user industry
7.2.5.3.Mexico
7.2.5.3.1.Mexico market size and forecast, by application
7.2.5.3.2.Mexico market size and forecast, by installation
7.2.5.3.3.Mexico market size and forecast, by end-user industry
7.3.Europe
7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Europe market size and forecast, by application
7.3.3.Europe market size and forecast, by installation
7.3.4.Europe market size and forecast, by end-user industry
7.3.5.Europe market size and forecast, by country
7.3.5.1.UK
7.3.5.1.1.UK market size and forecast, by application
7.3.5.1.2.UK market size and forecast, by installation
7.3.5.1.3.UK market size and forecast, by end-user industry
7.3.5.2.Russia
7.3.5.2.1.Russia market size and forecast, by application
7.3.5.2.2.Russia market size and forecast, by installation
7.3.5.2.3.Russia market size and forecast, by end-user industry
7.3.5.3.Norway
7.3.5.3.1.Norway market size and forecast, by application
7.3.5.3.2.Norway market size and forecast, by installation
7.3.5.3.3.Norway market size and forecast, by end-user industry
7.3.5.4.Rest of Europe
7.3.5.4.1.Rest of Europe market size and forecast, by application
7.3.5.4.2.Rest of Europe market size and forecast, by installation
7.3.5.4.3.Rest of Europe market size and forecast, by end-user industry
7.4.Asia-Pacific
7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Asia-Pacific market size and forecast, by application
7.4.3.Asia-Pacific market size and forecast, by installation
7.4.4.Asia-Pacific market size and forecast, by end-user industry
7.4.5.Asia-Pacific market size and forecast, by country
7.4.5.1.China
7.4.5.1.1.China market size and forecast, by application
7.4.5.1.2.China market size and forecast, by installation
7.4.5.1.3.China market size and forecast, by end-user industry
7.4.5.2.Malaysia
7.4.5.2.1.Malaysia market size and forecast, by application
7.4.5.2.2.Malaysia market size and forecast, by installation
7.4.5.2.3.Malaysia market size and forecast, by end-user industry
7.4.5.3.Australia
7.4.5.3.1.Australia market size and forecast, by application
7.4.5.3.2.Australia market size and forecast, by installation
7.4.5.3.3.Australia market size and forecast, by end-user industry
7.4.5.4.Rest of Asia-Pacific
7.4.5.4.1.Rest of Asia-Pacific market size and forecast, by application
7.4.5.4.2.Rest of Asia-Pacific market size and forecast, by installation
7.4.5.4.3.Rest of Asia-Pacific market size and forecast, by end-user industry
7.5.LAMEA
7.5.1.Key market trends, growth factors, and opportunities
7.5.2.LAMEA market size and forecast, by application
7.5.3.LAMEA market size and forecast, by installation
7.5.4.LAMEA market size and forecast, by end-user industry
7.5.5.LAMEA market size and forecast, by country
7.5.5.1.Latin America
7.5.5.1.1.Latin America market size and forecast, by application
7.5.5.1.2.Latin America market size and forecast, by installation
7.5.5.1.3.Latin America market size and forecast, by end-user industry
7.5.5.2.Middle East
7.5.5.2.1.Middle East market size and forecast, by application
7.5.5.2.2.Middle East market size and forecast, by installation
7.5.5.2.3.Middle East market size and forecast, by end-user industry
7.5.5.3.Africa
7.5.5.3.1.Africa market size and forecast, by application
7.5.5.3.2.Africa market size and forecast, by installation
7.5.5.3.3.Africa market size and forecast, by end-user industry
CHAPTER 8:COMPETITIVE LANDSCAPE
8.1.Introduction
8.1.1.Market player positioning, 2019
8.2.Top winning strategies
8.2.1.Top winning strategies, by year
8.2.2.Top winning strategies, by development
8.2.3.Top winning strategies, by company
CHAPTER 9:COMPANY PROFILES
9.1.Automated Rig Technologies Ltd.
9.1.1.Company overview
9.1.2.Key executive
9.1.3.Company snapshot
9.1.4.Product portfolio
9.2.Drillform Technical Services Ltd.
9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Key strategic moves and developments
9.3.Drillmec Inc.
9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio
9.4.Epiroc AB
9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio
9.4.6.R&D Expenditure
9.4.7.Business performance
9.4.8.Key strategic moves and developments
9.5.Herrenknecht AG
9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Operating business categories
9.5.5.Product portfolio
9.6.Huisman Equipment B.V.
9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments
9.7.KCA Deutag Alpha Limited
9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments
9.8.Loadmaster Universal Rigs, Inc.
9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business categories
9.8.5.Product portfolio
9.9.Nabors Industries Ltd.
9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D Expenditure
9.9.7.Business performance
9.10.National Oilwell Varco, Inc.
9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.Business performance
9.10.7.Key strategic moves and developments
LIST OF TABLES
TABLE 01.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 02.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR LAND, BY REGION, 2019–2027 ($MILLION)
TABLE 03.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR WATER, BY REGION, 2019–2027 ($MILLION)
TABLE 04.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, BY BUSINESS TYPE, 2019–2027 ($MILLION)
TABLE 05.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR NEW INSTALLATION, BY REGION, 2019–2027 ($MILLION)
TABLE 06.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR MODERNIZE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 08.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR OIL, BY REGION, 2019–2027 ($MILLION)
TABLE 09.ROBOTIC DRILLING EQUIPMENT MARKET REVENUE FOR GAS, BY REGION, 2019–2027 ($MILLION)
TABLE 10.ROBOTIC DRILLING EQUIPMENT MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 11.NORTH AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 12.NORTH AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 13.NORTH AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.U.S. ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 16.U.S. ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 17.U.S. ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 18.CANADA. ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 19.U.S. ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 20.CANADA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 21.MEXICO ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 22.MEXICO ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 23.MEXICO ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 24.EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 25.EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 26.EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 27.EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 28.UK ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 29.UK ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 30.UK ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 31.RUSSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 32.RUSSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 33.RUSSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 34.NORWAY ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 35.NORWAY ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 36.NORWAY ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 37.REST OF EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 38.REST OF EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 39.REST OF EUROPE ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 40.ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 41.ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 42.ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 43.ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 44.CHINA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 45.CHINA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 46.CHINA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 47.MALAYSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 48.MALAYSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 49.MALAYSIA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 50.AUSTRALIA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 51.AUSTRALIA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 52.AUSTRALIA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 53.REST OF ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 54.REST OF ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 55.REST OF ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 56.LAMEA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 57.LAMEA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 58.LAMEA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 59.LAMEA ROBOTIC DRILLING EQUIPMENT MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 60.LATIN AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 61.LATIN AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 62.LATIN AMERICA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 63.MIDDLE EAST ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 64.MIDDLE EAST ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 65.MIDDLE EAST ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 66.AFRICA ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 67.AFRICA ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027 ($MILLION)
TABLE 68.AFRICA ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027 ($MILLION)
TABLE 69.AUTOMATED RIG TECHNOLOGIES LTD.: KEY EXECUTIVE
TABLE 70.AUTOMATED RIG TECHNOLOGIES LTD.: COMPANY SNAPSHOT
TABLE 71.AUTOMATED RIG TECHNOLOGIES LTD.: PRODUCT PORTFOLIO
TABLE 72.DRILLFORM TECHNICAL SERVICES LTD.: KEY EXECUTIVES
TABLE 73.DRILLFORM TECHNICAL SERVICES LTD.: COMPANY SNAPSHOT
TABLE 74.DRILLFORM TECHNICAL SERVICES LTD.: PRODUCT PORTFOLIO
TABLE 75.DRILLMEC INC.: KEY EXECUTIVES
TABLE 76.DRILLMEC INC.: COMPANY SNAPSHOT
TABLE 77.DRILLMEC INC.: PRODUCT PORTFOLIO
TABLE 78.EPIROC AB: KEY EXECUTIVES
TABLE 79.EPIROC AB: COMPANY SNAPSHOT
TABLE 80.EPIROC AB: OPERATING SEGMENTS
TABLE 81.EPIROC AB: PRODUCT PORTFOLIO
TABLE 82.HERRENKNECHT AG: KEY EXECUTIVES
TABLE 83.HERRENKNECHT AG: COMPANY SNAPSHOT
TABLE 84.HERRENKNECHT AG: OPERATING CATEGORIES
TABLE 85.HERRENKNECHT AG: PRODUCT PORTFOLIO
TABLE 86.HUISMAN EQUIPMENT B.V.: KEY EXECUTIVES
TABLE 87.HUISMAN EQUIPMENT B.V.: COMPANY SNAPSHOT
TABLE 88.HUISMAN EQUIPMENT B.V.: PRODUCT PORTFOLIO
TABLE 89.KCA DEUTAG ALPHA LIMITED: KEY EXECUTIVES
TABLE 90.KCA DEUTAG ALPHA LIMITED: COMPANY SNAPSHOT
TABLE 91.KCA DEUTAG ALPHA LIMITED: OPERATING SEGMENTS
TABLE 92.KCA DEUTAG ALPHA LIMITED: PRODUCT PORTFOLIO
TABLE 93.LOADMASTER UNIVERSAL RIGS, INC.: KEY EXECUTIVES
TABLE 94.LOADMASTER UNIVERSAL RIGS, INC.: COMPANY SNAPSHOT
TABLE 95.LOADMASTER UNIVERSAL RIGS, INC.: OPERATING CATEGORIES
TABLE 96.LOADMASTER UNIVERSAL RIGS, INC.: PRODUCT PORTFOLIO
TABLE 97.NABORS INDUSTRIES LTD.: KEY EXECUTIVES
TABLE 98.NABORS INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 99.NABORS INDUSTRIES LTD.: OPERATING SEGMENTS
TABLE 100.NABORS INDUSTRIES LTD.: PRODUCT PORTFOLIO
TABLE 101.NATIONAL OILWELL VARCO, INC.: KEY EXECUTIVES
TABLE 102.NATIONAL OILWELL VARCO, INC.: COMPANY SNAPSHOT
TABLE 103.NATIONAL OILWELL VARCO, INC.: OPERATING SEGMENTS
TABLE 104.NATIONAL OILWELL VARCO, INC.: PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET, 2019–2027
FIGURE 03.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET, BY COUNTRY, 2019–2027
FIGURE 04.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET: KEY PLAYERS
FIGURE 05.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 07.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 08.LOW-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 09.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 10.TOP INVESTMENT POCKETS
FIGURE 11.MARKET DYNAMICS
FIGURE 12.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET, BY APPLICATION, 2019–2027
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR LAND, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR WATER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET, BY INSTALLATION, 2019–2027
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR NEW INSTALLATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR MODERNIZE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.GLOBAL ROBOTIC DRILLING EQUIPMENT MARKET, BY END-USER INDUSTRY, 2019–2027
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR OIL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF ROBOTIC DRILLING EQUIPMENT MARKET FOR GAS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.ROBOTIC DRILLING EQUIPMENT MARKET, BY REGION, 2019–2027
FIGURE 22.U.S. ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 23.CANADA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 24.MEXICO ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 25.UK ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 26.RUSSIA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 27.NORWAY ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 28.REST OF EUROPE ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 29.CHINA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.MALAYSIA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.AUSTRALIA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.REST OF ASIA-PACIFIC ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.LATIN AMERICA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.MIDDLE EAST ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.AFRICA ROBOTIC DRILLING EQUIPMENT MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.MARKET PLAYER POSITIONING, 2020
FIGURE 37.TOP WINNING STRATEGIES, BY YEAR, 2018–2020
FIGURE 38.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2020 (%)
FIGURE 39.TOP WINNING STRATEGIES, BY COMPANY, 2018–2020
FIGURE 40.COMPANY SNAPSHOT
FIGURE 41.EPIROC AB: R&D EXPENDITURE, 2017–2019 ($MILLIONS)
FIGURE 42.EPIROC AB: NET SALES, 2017–2019 ($MILLION)
FIGURE 43.EPIROC AB: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 44.EPIROC AB: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 45.KCA DEUTAG ALPHA LIMITED: NET SALES, 2017–2019 ($MILLION)
FIGURE 46.KCA DEUTAG ALPHA LIMITED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 47.KCA DEUTAG ALPHA LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 48.NABORS INDUSTRIES LTD.: R&D EXPENDITURE, 2017–2019 ($MILLIONS)
FIGURE 49.NABORS INDUSTRIES LTD.: NET SALES, 2017–2019 ($MILLION)
FIGURE 50.NABORS INDUSTRIES LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 51.NABORS INDUSTRIES LTD.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 52.NATIONAL OILWELL VARCO, INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 53.NATIONAL OILWELL VARCO, INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 54.NATIONAL OILWELL VARCO, INC.: REVENUE SHARE BY REGION, 2019 (%)
The robotic drilling equipment market is mainly driven by rise in adoption of automation in the oil & gas industry. Automation provides precise & accurate operations, better data collection, and worker safety. Automation increases the efficiency of robotic drilling machines as well as operation of onshore & offshore activities. In addition, it minimizes the probability of human errors as there is minimum human intervention. The robotic drilling equipment market was valued at $804.0 million in 2019, and is expected to reach $1,017.4 million by 2027, registering a CAGR of 8.4% from 2020 to 2027.
However, interoperability of the control system of robotic drilling machines compromises with data privacy and cyber security risk of the data and operations of robotic drilling machines. On the contrary, increase in exploration activities in ultra-deepwater in the Arctic region for extraction of oil & gas has opened up new opportunities in the robotic drilling equipment market. Additionally, increase in major steps taken for the safety of workers working on oil & gas rigs on onshore and offshore is anticipated to drive the robotic drilling equipment market growth during the forecast period.
Major companies in the market have adopted strategies, such as business expansion, partnership, acquisition, and product launch, to offer better products and services to customers in the robotic drilling equipment market.
Q1. What is the total market value of the global robotic drilling equipment market report?
A. The global robotic drilling equipment market size was valued at $804.0 million in 2019, and is projected to reach $1,017.4 million by 2027, growing at a CAGR of 8.4% from 2020 to 2027.
Q2. What would be the forecast period in the global robotic drilling equipment market report?
A. The forecast period considered for the global robotic drilling equipment market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.
Q3. How can I get report sample of global robotic drilling equipment market?
A. To get latest version of global robotic drilling equipment market report can be obtained on demand from the website.
Q4. Which is the base year calculated in the global robotic drilling equipment market report?
A. The base year considered in the global robotic drilling equipment market report is 2019.
Q5. Which top companies hold the market share in the global robotic drilling equipment market?
A. The top companies holding the market share in the global robotic drilling equipment market report include Automated Rig Technologies Ltd., Drillform Technical Services Ltd., Drillmec Inc., Epiroc AB, Herrenknecht Group, Huisman Equipment B.V., KCA Deutag Alpha Limited, Loadmaster Universal Rigs, Inc., Nabors Industries Ltd. and National Oilwell Varco, Inc.
Q6. How can I get statistical data of top market players of global robotic drilling equipment market?
A. The top ten market players are selected based on two key attributes - competitive strength and market positioning
Q7. Which is the most influencing segment growing in the global robotic drilling equipment market report?
A. By application, in 2019 the land segment dominated the global robotic drilling equipment market, in terms of revenue and is expected to maintain this trend during the forecast period.
Q8. Which market holds the maximum market share of the global robotic drilling equipment market?
A. By end-user industry, the oil segment is the highest share holder of global robotic drilling equipment market.
Q9. How the company profile has been selected?
A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
Q10. What is the market value of the global robotic drilling equipment market in 2020?
A. The market value of the global robotic drilling equipment market is $578.9 million in 2020.
Download Sample
Purchase Full Report of
Robotic Drilling Equipment Market
- Online Only
- $3,456
- Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
- $3,840
- Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
- $5,769
- Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
- $6,450
- Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF - $8,995
- Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading instantly.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers