Global Onshore and Offshore Kelly Drives Market Growth 2025-2031
Description
The global Onshore and Offshore Kelly Drives market size is predicted to grow from US$ 1829 million in 2025 to US$ 2293 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A kelly drive refers to a type of well drilling device on an oil or gas drilling rig that employs a section of pipe with a polygonal (three-, four-, six-, or eight-sided) or splined outer surface, which passes through the matching polygonal or splined kelly (mating) bushing and rotary table.
Globally, surge in oil exploration activities has boosted demand for drill rod drives in drilling rigs and the drilling industry. The exploration boom has tripled in the past five years, except during the pandemic. Due to the global oil reserve exploration boom, several oil companies are entering the drilling rig industry. As petroleum products continue to expand, major oil extraction companies are entering into contracts with drilling equipment manufacturers to lease and sell drilling equipment. Oil exploration companies and equipment companies collaborate to provide offshore support services that increase production. Factors such as oil exploration activities are likely to boost the kelly drives market in the near future.
LP Information, Inc. (LPI) ' newest research report, the “Onshore and Offshore Kelly Drives Industry Forecast” looks at past sales and reviews total world Onshore and Offshore Kelly Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected Onshore and Offshore Kelly Drives sales for 2025 through 2031. With Onshore and Offshore Kelly Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Onshore and Offshore Kelly Drives industry.
This Insight Report provides a comprehensive analysis of the global Onshore and Offshore Kelly Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Onshore and Offshore Kelly Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Onshore and Offshore Kelly Drives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Onshore and Offshore Kelly Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Onshore and Offshore Kelly Drives.
This report presents a comprehensive overview, market shares, and growth opportunities of Onshore and Offshore Kelly Drives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Square drill pipe
Hexagonal Kelly
Others
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NOV Inc
NERUM ENERGY LLC
RM Holding BV
Schlumberger Ltd.
Vallourec SA
Jereh Global Development LLC
BAUER Maschinen GmbH
Liebherr
SANY Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Onshore and Offshore Kelly Drives market?
What factors are driving Onshore and Offshore Kelly Drives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Onshore and Offshore Kelly Drives market opportunities vary by end market size?
How does Onshore and Offshore Kelly Drives break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A kelly drive refers to a type of well drilling device on an oil or gas drilling rig that employs a section of pipe with a polygonal (three-, four-, six-, or eight-sided) or splined outer surface, which passes through the matching polygonal or splined kelly (mating) bushing and rotary table.
Globally, surge in oil exploration activities has boosted demand for drill rod drives in drilling rigs and the drilling industry. The exploration boom has tripled in the past five years, except during the pandemic. Due to the global oil reserve exploration boom, several oil companies are entering the drilling rig industry. As petroleum products continue to expand, major oil extraction companies are entering into contracts with drilling equipment manufacturers to lease and sell drilling equipment. Oil exploration companies and equipment companies collaborate to provide offshore support services that increase production. Factors such as oil exploration activities are likely to boost the kelly drives market in the near future.
LP Information, Inc. (LPI) ' newest research report, the “Onshore and Offshore Kelly Drives Industry Forecast” looks at past sales and reviews total world Onshore and Offshore Kelly Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected Onshore and Offshore Kelly Drives sales for 2025 through 2031. With Onshore and Offshore Kelly Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Onshore and Offshore Kelly Drives industry.
This Insight Report provides a comprehensive analysis of the global Onshore and Offshore Kelly Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Onshore and Offshore Kelly Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Onshore and Offshore Kelly Drives market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Onshore and Offshore Kelly Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Onshore and Offshore Kelly Drives.
This report presents a comprehensive overview, market shares, and growth opportunities of Onshore and Offshore Kelly Drives market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Square drill pipe
Hexagonal Kelly
Others
Segmentation by Application:
Onshore
Offshore
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
NOV Inc
NERUM ENERGY LLC
RM Holding BV
Schlumberger Ltd.
Vallourec SA
Jereh Global Development LLC
BAUER Maschinen GmbH
Liebherr
SANY Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Onshore and Offshore Kelly Drives market?
What factors are driving Onshore and Offshore Kelly Drives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Onshore and Offshore Kelly Drives market opportunities vary by end market size?
How does Onshore and Offshore Kelly Drives break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
95 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Onshore and Offshore Kelly Drives by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Onshore and Offshore Kelly Drives by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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