The robot drilling market is expected to record a CAGR of more than 6% over the forecast period 2021-2027. It is expected to help drive the robotic drilling systems market in a factor-efficient manner, such as increasing exploration activity and focusing on developing new oil and gas fields in a risk-free, cost-effective and timely manner. However, in recent years volatility in oil prices, cybersecurity concerns and high initial costs have hampered the growth of the robotic drilling market.
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Company Profile
- Nabors Industries Ltd.
- Rigarm
- National Oilwell Varco, Inc.
- Sekal AS
- Huisman Equipment B.V.
- Automated Rig Technologies Ltd.
- Drillmec Inc.
- Ensign Energy Services Inc.
- Abraj Energy Services
- Drillform Technical Services Ltd.
Market Segmentation
Robotic Drilling Market Segmentation
By Component
- Hardware
- Software
By Installation type
- New Build
- Retrofit
By Application
- Onshore
- Offshore
Scope of the Report
The research study analyzes the global Robotic Drilling industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Robotic Drilling Market Report
1. What was the Robotic Drilling Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Robotic Drilling Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Robotic Drilling Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Robotic Drilling market.
- The market share of the global Robotic Drilling market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Robotic Drilling market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Robotic Drilling market.
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