
Robotic Drilling Market by Component (Hardware, Software), Installation (New Builds, Retrofit), Deployment, End-User - Global Forecast 2024-2030
Description
Robotic Drilling Market by Component (Hardware, Software), Installation (New Builds, Retrofit), Deployment, End-User - Global Forecast 2024-2030
The Robotic Drilling Market size was estimated at USD 831.71 million in 2023 and expected to reach USD 880.36 million in 2024, at a CAGR 7.60% to reach USD 1,389.23 million by 2030.
Global Robotic Drilling Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Robotic Drilling Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Robotic Drilling Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Robotic Drilling Market, highlighting leading vendors and their innovative profiles. These include Abraj Energy Services SAOC, Automated Rig Technologies Ltd, BP PLC, Chevron Corporation, Drillform Technical Services Ltd, Drillmec Inc. by Drillmec S.P.A., Ensign Energy Services Inc., Epiroc Finland Oy Ab, Exxon Mobil Corporation, Hilti Corporation, Huisman Equipment BV, Nabors Industries Limited, National-Oilwell Varco Inc., Petroliam Nasional Berhad (PETRONAS), Petróleo Brasileiro S.A., Phillips 66 Company, Precision Drilling Corporation, Rigarm Inc., Saudi Arabian Oil Company, Sekal AS, Shell group of companies, Siemens AG, SKF Group, Valero Energy Corporation, and Weatherford International plc.
Market Segmentation & Coverage
This research report categorizes the Robotic Drilling Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
Hardware
Software
Installation
New Builds
Retrofit
Deployment
Offshore
Onshore
End-User
Gas
Oil
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Robotic Drilling Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Robotic Drilling Market?
3. What are the technology trends and regulatory frameworks in the Robotic Drilling Market?
4. What is the market share of the leading vendors in the Robotic Drilling Market?
5. Which modes and strategic moves are suitable for entering the Robotic Drilling Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
193 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Robotic Drilling Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Need for increased precision and accuracy in drilling processes
- 5.1.1.2. Increasing demand from the oil and gas industry
- 5.1.1.3. Government initiatives promoting robotic activities across industries
- 5.1.2. Restraints
- 5.1.2.1. High implementation cost and complex integration with existing drilling operations
- 5.1.3. Opportunities
- 5.1.3.1. Technological advancements in the robotic drilling machines
- 5.1.3.2. Increasing investments in renewable energy projects
- 5.1.4. Challenges
- 5.1.4.1. Performance and technical limitations associated with the functioning of robotics drilling
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Robotic Drilling Market, by Component
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software
- 7. Robotic Drilling Market, by Installation
- 7.1. Introduction
- 7.2. New Builds
- 7.3. Retrofit
- 8. Robotic Drilling Market, by Deployment
- 8.1. Introduction
- 8.2. Offshore
- 8.3. Onshore
- 9. Robotic Drilling Market, by End-User
- 9.1. Introduction
- 9.2. Gas
- 9.3. Oil
- 10. Americas Robotic Drilling Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Robotic Drilling Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Robotic Drilling Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Abraj Energy Services SAOC
- 14.1.2. Automated Rig Technologies Ltd
- 14.1.3. BP PLC
- 14.1.4. Chevron Corporation
- 14.1.5. Drillform Technical Services Ltd
- 14.1.6. Drillmec Inc. by Drillmec S.P.A.
- 14.1.7. Ensign Energy Services Inc.
- 14.1.8. Epiroc Finland Oy Ab
- 14.1.9. Exxon Mobil Corporation
- 14.1.10. Hilti Corporation
- 14.1.11. Huisman Equipment BV
- 14.1.12. Nabors Industries Limited
- 14.1.13. National-Oilwell Varco Inc.
- 14.1.14. Petroliam Nasional Berhad (PETRONAS)
- 14.1.15. Petróleo Brasileiro S.A.
- 14.1.16. Phillips 66 Company
- 14.1.17. Precision Drilling Corporation
- 14.1.18. Rigarm Inc.
- 14.1.19. Saudi Arabian Oil Company
- 14.1.20. Sekal AS
- 14.1.21. Shell group of companies
- 14.1.22. Siemens AG
- 14.1.23. SKF Group
- 14.1.24. Valero Energy Corporation
- 14.1.25. Weatherford International plc
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. ROBOTIC DRILLING MARKET RESEARCH PROCESS
- FIGURE 2. ROBOTIC DRILLING MARKET SIZE, 2023 VS 2030
- FIGURE 3. ROBOTIC DRILLING MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ROBOTIC DRILLING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ROBOTIC DRILLING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ROBOTIC DRILLING MARKET DYNAMICS
- FIGURE 7. ROBOTIC DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 8. ROBOTIC DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ROBOTIC DRILLING MARKET SIZE, BY INSTALLATION, 2023 VS 2030 (%)
- FIGURE 10. ROBOTIC DRILLING MARKET SIZE, BY INSTALLATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ROBOTIC DRILLING MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
- FIGURE 12. ROBOTIC DRILLING MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ROBOTIC DRILLING MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
- FIGURE 14. ROBOTIC DRILLING MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES ROBOTIC DRILLING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES ROBOTIC DRILLING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. ROBOTIC DRILLING MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. ROBOTIC DRILLING MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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