
Robotic Drilling Market Size, Share & Trends Analysis Report By Application (Onshore, Offshore), By Installation (Retrofit, New Builds), By Component (Hardware, Software), By Region, And Segment Forecasts, 2024 - 2030
Description
Robotic Drilling Market Size, Share & Trends Analysis Report By Application (Onshore, Offshore), By Installation (Retrofit, New Builds), By Component (Hardware, Software), By Region, And Segment Forecasts, 2024 - 2030
Robotic Drilling Market Size & Trends
The global robotic drilling market size was estimated at USD 932.2 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. The market is expected to witness lucrative growth owing to the increasing demand for fossil fuels over the forecast period. Owing to the rising expenditure on automobiles, the demand for fossil fuels is significantly increasing. According to the Economist Intelligence Unit, demand for oil and gas is expected to increase in the decade to 2030, largely driven by India and Middle East & African countries. The International Energy Agency projected the global oil demand is expected to be around 8% higher in 2030 compared to the numbers in 2021.
These automated systems, often known as drillbots, bring several benefits over traditional manual drilling operations, including enhanced efficiency, safety, precision, and lower operational costs. Rising importance for energy efficiency and sustainability is expected to boost the adoption of robotic drilling over the forecast period.
Furthermore, robotic drilling systems minimize human involvement in high-risk drilling operations, significantly reducing the likelihood of accidents. Also, automation speeds up the drilling process, achieving consistency and precision that manual operations would struggle to replicate.
Global Robotic Drilling Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global robotic drilling market report based on application, installation, component, and region:
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Onshore
- Offshore
- Installation Outlook (Revenue, USD Million, 2018 - 2030)
- Retrofit
- New Builds
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
152 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.6. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Restraint Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter’s Analysis
- 3.4.2. PESTEL Analysis
- Chapter 4. Integrated Marine Automation System Market: Offering Estimates & Trend Analysis
- 4.1. Offering Movement Analysis & Market Share, 2023 & 2030
- 4.2. Integrated Marine Automation System Market Estimates & Forecast, By Offering
- 4.2.1. Hardware
- 4.2.2. Software
- Chapter 5. Integrated Marine Automation System Market: Solution Estimates & Trend Analysis
- 5.1. Solution Movement Analysis & Market Share, 2023 & 2030
- 5.2. Integrated Marine Automation System Market Estimates & Forecast, By Solution
- 5.2.1. Vessel Management
- 5.2.2. Power Management
- 5.2.3. Safety System
- 5.2.4. Others
- Chapter 6. Integrated Marine Automation System Market: End Use Estimates & Trend Analysis
- 6.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 6.2. Integrated Marine Automation System Market Estimates & Forecast, By End Use
- 6.2.1. Commercial
- 6.2.2. Defense
- Chapter 7. Integrated Marine Automation System Market: Regional Estimates & Trend Analysis
- 7.1. Integrated Marine Automation System Market: Regional Outlook
- 7.2. North America
- 7.2.1. North America Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Germany Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.4. UK
- 7.3.4.1. UK Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.3.5. France
- 7.3.5.1. France Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.3. India
- 7.4.3.1. India Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Japan
- 7.4.4.1. Japan Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Australia Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. South Korea Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa (MEA)
- 7.6.1. Middle East and Africa (MEA) Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.2. United Arab Emirates (UAE)
- 7.6.2.1. United Arab Emirates (UAE) Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Kingdom of Saudi Arabia (KSA)
- 7.6.3.1. Kingdom of Saudi Arabia (KSA) Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Integrated Marine Automation System market estimates & forecasts, 2018 - 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Financial Performance
- 8.3. Product Benchmarking
- 8.4. Company Market Share Analysis, 2023
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Collaborations
- 8.5.3. Mergers & Acquisitions
- 8.5.4. Product Launches
- 8.5.5. Partnerships
- 8.5.6. Others
- 8.6. Company List
- 8.6.1. ABB
- 8.6.2. Blue Ctrl AS
- 8.6.3. Emerson Electric Co.
- 8.6.4. Høglund AS
- 8.6.5. Honeywell International Inc.
- 8.6.6. INGETEAM, S.A.
- 8.6.7. Jason Marine Group
- 8.6.8. Kongsberg Gruppen ASA
- 8.6.9. L3Harris Technologies, Inc.
- 8.6.10. Moxa Inc.
- 8.6.11. SEAM AS
- 8.6.12. Siemens AG
- 8.6.13. Thales Group
- 8.6.14. Ulstein Group ASA
- 8.6.15. Wärtsilä
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