openPR Logo
Press release

Robotic Drilling Market SWOT Analysis Lead By Abraj Energy Services, Drillmec, Automated Rig Technologies, National Oilwell Varco, Rigarm, Nabors Industries, Drillform Technical Services

04-01-2019 05:35 AM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Robotic Drilling Market

Robotic Drilling Market

Latest market study on “Robotic drilling Market to 2025 by Component (Hardware and Software), Installation Type (New Build and Retrofit), and Application (Onshore and Offshore) – Global Analysis and Forecast”, the robotic drilling market is estimated to reach US$ 946.6 million by 2025 from US$ 619.4 million in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

The major players operating in the robotic drilling market are 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, and Drillform Technical Services Ltd.

Get sample PDF Copy at: https://www.theinsightpartners.com/sample/TIPAT00002211/

North America is the dominant region in the robotic drilling market and this region is expected to continue its lead during the forecast period. The rise in production of shale gas is significantly driving the market for robotic drilling in the region. Further, North America has over 14% of the crude oil and 6% of the natural gas reserves in the world. The advanced drilling technologies including horizontal direction drilling and hydraulic fracturing have aided North America for sustaining the downturn of oil prices. Furthermore, the enhancements in the drilling technologies including dynamic positioning equipment have driven growth in the offshore drilling. It is expected that the offshore drilling activities would further witness growth owing to the US government support for opening of over 90% of outer continental shelf (OCS).

Currently, retrofit is the leading installation type segment, which is also expected to grow at a higher rate during the forecast period. Retrofit drilling solution facilitate instant and customized automated as well as innovative rigs that helps to create unique experience for the user. Retrofit installation type is the supplementary features or modifications done to enhance the operational efficiency of the existing drilling systems. In retrofitting installation type, the traditional hydraulic drill machines are replaced with a new generation of robot or electrical machines.

The report aims to provide an overview of global robotic drilling market with detailed market segmentation. Also, it analyzes the current robotic drilling market scenario and forecasts the market till 2025. The report further covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the robotic drilling market along with their market strategies. The report also provides PEST analysis for all the regions along with the SWOT analysis for all company profiled in the report.

Inquiry for Discount at: https://www.theinsightpartners.com/discount/TIPAT00002211/

The report segments the global robotic drilling market as follows:

Global Robotic Drilling Market– By Component

Hardware
Software

Global Robotic drilling Market– Installation Type

New Build
Retrofit

Global Robotic drilling Market– By Application

Onshore
Offshore

Global Robotic drilling Market– By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Italy
Spain
UK

Asia Pacific (APAC)
Australia
China
India
Japan

Buy Now This Report at: https://www.theinsightpartners.com/buy/TIPAT00002211/

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Robotic Drilling Market SWOT Analysis Lead By Abraj Energy Services, Drillmec, Automated Rig Technologies, National Oilwell Varco, Rigarm, Nabors Industries, Drillform Technical Services here

News-ID: 1680487 • Views: 634

More Releases from The Insight Partners

Global Data Protection Market Recent Trends, In-depth Analysis, Market Size Rese …
Data protection is the process of securely saving important information from corruption, hacking, and loss. Continues improvement in data and storage of data safely is the main task also securing information from cyber-attack, boosting the demand for the data protection market. Growing the number of enterprises rising demand for data protection market for securing their data safely. Additionally Rising IT and telecom sector, education, BFSI lead to the growth of
Credit Insurance Market by 2019-2025 Profiling Leading Players– Euler Hermes, …
The global credit insurance market is anticipated accounted to US$ 8.64 Bn in 2017 and is expected to grow at a CAGR of 2.9% during the forecast period 2018 - 2025, to account to US$ 10.77 Bn by 2025. The global credit insurance market is expected to exhibit high growth in the near future. Some of the major driving factors contributing to the market growth include the global macro-economic instability, which
Embolization Coils Market Strategic Analysis 2019 | Terumo Corporation, Medtroni …
This market research report administers a broad view of the Embolization Coils market on a Global basis, presenting a forecast and statistics in terms of revenue during the forecast period. It covers an illustrative study with detailed segmentation, complete research and development history, latest news and press releases. Additionally, it demonstrates the future aspects and portrays a sketch of the key players involved in the Embolization Coils market’s growth in
Transmucosal Drug Delivery Systems Market 2019: Opportunities & Challenges by 3M …
Transmucosal Drug Delivery Systems report provides a valuable source of insightful data for business strategies and competitive analysis of the Transmucosal Drug Delivery Systems market. It provides industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. Transmucosal Drug Delivery Systems report provides comprehensive data which enhances the understanding, scope and

All 5 Releases


More Releases for Robotic

why robotic suitcase is so popular?
why robotic suitcase is so popular? it's basis on the following details: Item Description: 1)Multistage single handle, easy to pull up and retract. 2)Strong aluminum frame, lighter, more stable and not easily deformed. 3)Advanced PC material features waterproof, impact resistant, lightness and environment friendly. 4) No button handle, reinforced polygonal aluminum tube+built-in sensor integrated, solid and tough. 5) The surronding led brathing light indicates the status of suitcase lock through color changment. 6) Double row of
Heavy Payload Robotic Arm Market
This report presents the worldwide Heavy Payload Robotic Arm market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-heavy-payload-robotic-arm-2025-690 The robotic arm plays
Neurorehabilitation Devices - MIME Robotic Device
Bioness Inc., Bionik Laboratories Corp., Bioxtreme, Denecor, Ectron Ltd., Ekso Bionics, Helius Medical Technologies, Hocoma AG, MagVenture A/S, Medtronic, Neuro Style, Rehab-Robotics Company Limited, Rehabtronics Inc, St Jude Medical Inc., Tyromotion are some of the prominent players at the forefront of competition in the global Neurorehabilitation Devices Market and are profiled in MRFR Analysis. Global Neurorehabilitation Devices Market - Overview The neurorehabilitation devices market is growing with the rapid pace. According
Neurorehabilitation Devices - MIME Robotic Device
Bioness Inc., Bionik Laboratories Corp., Bioxtreme, Denecor, Ectron Ltd., Ekso Bionics, Helius Medical Technologies, Hocoma AG, MagVenture A/S, Medtronic, Neuro Style, Rehab-Robotics Company Limited, Rehabtronics Inc, St Jude Medical Inc., Tyromotion are some of the prominent players at the forefront of competition in the global Neurorehabilitation Devices Market and are profiled in MRFR Analysis. Global Neurorehabilitation Devices Market - Overview The neurorehabilitation devices market is growing with the rapid pace. According
Robotic Flight Simulator Surgery Market Forecast [2027]
Global Robotic flight simulator surgery Market Information by Applications (general surgery, cardiology surgery, neurosurgery, Gynecology and others) by Methods (direct telemanipulator, computer control) - Forecast to 2027 Robotic flight simulator surgery is such a surgical system which is like an aircraft, it is reflected to be only as good as the preliminary (Surgeon), and the current training required for expertise in robot-assisted surgery is inappropriately less than ideal. The Robotic flight
Robotic Arm (RA) 2016 Market Research Report
MarketResearchReports.Biz presents this most up-to-date research on "Robotic Arm (RA) 2016 Market Research Report" Description The Robotic Arm (RA) Market is a professional and in-depth study on the current state of the Entertainment RA with Cameras industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Entertainment RA with Cameras market analysis is provided for the international market including development history, competitive landscape