Press release
Robotic Drilling Equipment Market Size, Share, Forecast, 2020–2027
Robotic Drilling Equipment Market
Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/9715
The robotic drilling equipment market was valued at $804.0 million in 2019 and is expected to reach $1,017.4 million by 2027, registering a CAGR of 8.4% from 2020 to 2027.
There are mainly two types of robotic drills, onshore, which comprises robotic drilling machines on dry land; and offshore, which comprises robotic drilling on ocean floors or sea beds. These robotic drilling machines are used for building new rigs for extraction of oil & gas in onshore and offshore. They are also used for retrofit purpose on the old rigs during maintenance as well as while replacing the old parts of the system.
The robotic drilling equipment market is mainly driven by rise in adoption of automation in the oil & gas industry. Automation gives better data collection, precise & accurate operations, and worker safety. In addition, there is minimum human intervention, which minimizes the probability of human errors. It also increases the efficiency of robotic drilling machines as well as operations carried in onshore and offshore.
However, ability of computer systems and software to exchange and make use of information fed to the control system of robotic drilling machines compromises with the data privacy and cyber security risk of the data and operations of robotic drilling machines.
Request for Custom Report @ https://www.alliedmarketresearch.com/request-for-customization/9715
Key Market Segments
By Application
Land
Water
By Installation
New Installation
Modernize
By End-user Industry
Oil
Gas
By Region
North America
Europe
Asia-Pacific
LAMEA
Key Players
Automated Rig Technologies Ltd.
Drillform Technical Services Ltd.
Drillmec Inc.
Epiroc AB
Herrenknecht AG
Huisman Equipment B.V.
KCA Deutag Alpha Limited
Loadmaster Universal Rigs, Inc.
Nabors Industries Ltd.
National Oilwell Varco, Inc.
Speak to Our Expert Analyst @ https://www.alliedmarketresearch.com/connect-to-analyst/9715
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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 Equipment Market Size, Share, Forecast, 2020–2027 here
News-ID: 2254158 • Views: …
More Releases from Allied Market Research
$291.1+ Billion Fast Fashion Market Value by 2032 with a 10.7% CAGR During 2023 …
Allied Market Research published a report, titled, "Fast Fashion Market By Gender (Male and Female), End User (Adult, Teen, and Kid), and Distribution Channel (Independent Retailer, Online Store, and Brands Store): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global fast fashion industry generated $103.2 billion in 2022, and is anticipated to generate $291.1 billion by 2032, witnessing a CAGR of 10.7% from 2023 to 2032.
Request…
Glueless Wigs Market 2026 : Why You Should Invest In This Market ?
The popularity of glueless wigs among people of all ages & genders is increasing rapidly. Glueless wigs come pre-attached with combs, bands, and straps for attachment to your head. This type of wig is very easy to fix and remove.
According to the report, the global glueless wigs market was valued at $719.2 million in 2022, and is projected to reach $1.3 billion by 2032, registering a CAGR of 6.3% from…
Africa Costume Jewelry Market Projected Expansion to Receive Overwhelming Hike I …
The Africa costume jewelry market is driven by factors such as rise in fashion conscious consumers and innovation in jewelry design and integration of African culture in the jewelry. However, limited supply chain infrastructure and less durability of costume jewelry restrict the market growth. Moreover, the growth of the tourism industry offers new opportunities in the coming years.
Costume jewelry, in contrast to more costly materials such as gold, diamonds, platinum,…
Medical Fluid Bag Market to reach $ 6,057.60 million by 2030 registering a CAGR …
The Medical Fluid Bag Market is experiencing sustained growth as healthcare systems worldwide continue to expand and modernize. These bags - essential for storing and administering medical fluids such as blood, intravenous (IV) solutions, nutritional feeds, and drainage fluids - are indispensable across clinical settings including hospitals, clinics, blood banks, and home care environments.
Download Sample Report PDF- https://www.alliedmarketresearch.com/request-sample/11237
Market Size & Forecast
Recent industry estimates highlight the robust growth trajectory of the…
More Releases for Robotic
Robotic Vacuum Cleaner Market
Redding California- Meticulous Research®, a premier global market research firm, has announced the release of its latest comprehensive report, titled "Robotic Vacuum Cleaner Market." This meticulously curated study delves deep into the dynamics of the market, offering invaluable insights and forecasts that illuminate key trends shaping the industry landscape.
Download free sample report here: https://www.meticulousresearch.com/download-sample-report/cp_id=5181
The global robotic vacuum cleaner market is poised for remarkable growth, projected to attain a valuation of…
Robotic Catheterization System Market Analysis by Type, by Technology - Electrom …
Global Robotic Catheterization System Market: Description
The robotic catheterization system is predominantly designed to ensure the stable and correct placement of catheter inside a patient’s cardiovascular system during peripheral vascular and percutaneous coronary procedures. It enables a physician to get access to the target organs without performing open surgery. This system is also equipped with the ability to assure the safety of patients during cardiac arrhythmia procedures. Moreover, the robotic catheterization…
Robotic Process Automation Market
Robotic Process Automation Market recently published Verified Market research study with more than 100 industry informative desk and Figures spread through Pages and easy to understand detailed TOC on “Robotic Process Automation Market”.
The Robotic Process Automation Market is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research…
Ground Military Robotic Market
Military robots are autonomous robots or remote-controlled mobile robots designed for military applications, from transport to search & rescue and attack.
According to this study, over the next five years the Ground Military Robotic market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales…
Medical Robots Market 2019-2030 for into surgical robotic systems, rehabilitatio …
10 May 2019 Press Release
MIR presents "Medical Robots Market With Global Analysis and Forecast 2019-2030" with innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research.
Medical robots are the robots that are used in hospitals and medical institutions to perform highly complex surgeries. Robots can be utilized as surgical assistants to surgeons that perform minimally invasive procedures. Rehabilitation robots play an important role…
Robotic Lab Automation: Specimen Transport Robots, Robotic Centrifugation, Cappi …
New sellers in the market are confronting extreme competition from set up universal merchants as they battle with mechanical developments, dependability and quality issues.
Global Robotic Lab Automation Market provides a basic overview of the markets including definitions, classifications, applications and industry chain structure. The Robotic Lab Automation Market analysis is provided for the international Industry including development trends, competitive landscape analysis, and key regions development status.
The Robotic Lab Automation…
