The report on “Robotic Drilling Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.
Global Robotic Drilling market is accounted for $612.3 million in 2017 and is expected to reach $1341.8 million by 2026 growing at a CAGR of 9.1%. Raised adoption of automation in oil & gas industry and enhanced operational efficiency and less human intervention are some of the factors boosting the market growth. However, the lack of interoperability of rig control systems is restraining the market growth.
Based on application, onshore segment is expected to witness huge growth rate due to the oil and gas production takes place at onshore oil and gas fields. These fields need less capital investment in contrast with offshore fields and the costs related to automation in these fields are relatively low. By installation, retrofit segment is attributed the large market share due to the rising need to improve safety and efficiency of the existing rigs, coupled with the improved focus on low human intervention during drilling.
Top Companies Covered in this Report:
Precision Drilling, Automated Rig Technologies, National Oilwell Varco, Drillmec, Drillform Technical, Sekal, Abraj Energy, Rigarm, Huisman, Ensign Energy Services, Weatherford International
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The “Global Robotic Drilling Market” is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Robotic Drilling market with detailed market segmentation by mounting location, vehicle type and geography. The global Robotic Drilling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Robotic Drilling market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Robotic Drilling market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2026.
The report analyzes factors affecting Robotic Drilling market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Robotic Drilling market in these regions.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Robotic Drilling Market Size
2.2 Robotic Drilling Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Robotic Drilling Market Size by Manufacturers
3.2 Robotic Drilling Key Players Head office and Area Served
3.3 Key Players Robotic Drilling Product/Solution/Service
3.4 Date of Enter into Robotic Drilling Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Robotic Drilling Sales by Product
4.2 Global Robotic Drilling Revenue by Product
4.3 Robotic Drilling Price by Product
5 Breakdown Data by End User
5.2 Global Robotic Drilling Breakdown Data by End User
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