Robotic Drilling Market 2019 Global Outlook, Research, Trends and Forecast to 2028 | Nabors, National Oilwell Varco, Weatherford, Shell, Chevron, ExxonMobil, British Petroleum, Precision Drilling

The Robotic Drilling Market report points out national and global business prospects and competitive conditions for robotic drilling. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for robotic drilling.

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Robotic drilling involves using machines for drilling activities. Robotic drilling provides increased safety and higher efficiency and effectiveness. The need to adopt alternative sources of energy is fuelling the development of oil and gas production companies, which, in turn, contributes to the increased adoption of robotic drilling and automation. The development of alternative hydrocarbon resources is increasing the popularity of the robotic drilling market.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

o Nabors
o National Oilwell Varco
o Precision Drilling
o Huisman
o Weatherford
o Shell
o Chevron
o ExxonMobil
o British Petroleum
o Saudi Aramco

Robotic drilling is defined as an automation system developed for drilling operations in the oil & gas industry. Robotic drilling offers benefits to the oil & gas industry such as less drilling times, safer operations, multi-sensor measurements, mass production, high drilling capacity, and more predictability than human driven rigs. Robotic drilling companies possess the expertise for building robotic hardware and software to program and control the robots on oil & gas rigs. Robotic drilling is the best alternative to manual drilling.

Historical background for the demand of robotic drilling has been studied according to organic and inorganic innovations in order to provide accurate estimates of the market size. Primary factors influencing the growth of the demand for robotic drilling have also been established with potential gravity. Major regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

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Based on regions, the global market for robotic drilling can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North American region is anticipated to hold a substantial share in the global market for robotic drilling in the upcoming years, owing to the growing number of drilling activities in Canada and the U.S.

Furthermore, the U.S. is focusing on expanding its shale gas resources for advancing its oil and gas productions and drilling contractors in the country are establishing higher efficiency and safety norms, which are also popularizing the use of robotic drilling. In the Asia Pacific region, developed countries, like Japan, have an increased demand for keeping human intervention in drilling activities to the bare minimum. Thus, this region shows a good growth rate in the market for robotic drilling.

Market Segmentation:

By Application:
o Onshore
o Offshore

By Installation:
o New Builds
o Retrofits

By Components:
o Hardware
o Software

By Region:

North America
o North America, by Country
US
Canada
Mexico
o North America, by Application
o North America, by Installation
o North America, by Components
Western Europe
o Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
o Western Europe, by Application
o Western Europe, by Installation
o Western Europe, by Components

Asia Pacific
o Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
o Asia Pacific, by Application
o Asia Pacific, by Installation
o Asia Pacific, by Components

Eastern Europe
o Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
o Eastern Europe, by Application
o Eastern Europe, by Installation
o Eastern Europe, by Components

Middle East
o Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
o Middle East, by Application
o Middle East, by Installation
o Middle East, by Components

Rest of the World
o Rest of the World, by Country
South America
Africa
o Rest of the World, by Application
o Rest of the World, by Installation
o Rest of the World, by Components

Objectives of this report:

o To estimate market size for robotic drilling market on regional and global basis.
o To identify major segments in robotic drilling market and evaluate their market shares and demand.
o To provide a competitive scenario for the robotic drilling market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of robotic drilling market with their potential gravity during the forecast period.

Reasons to Buy This Report:

o Provides niche insights for decision about every possible segment helping in strategic decision making process.
o Market size estimation of the robotic drilling market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the robotic drilling market.

Customization:

This study is customized to meet your specific requirements:

o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

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This release was published on openPR.