Robotic Drilling Market by Component (Hardware, Software), Installation (New Builds, Retrofit), Deployment, End-User - Global Forecast 2024-2030

Robotic Drilling Market by Component (Hardware, Software), Installation (New Builds, Retrofit), Deployment, End-User - Global Forecast 2024-2030


The Robotic Drilling Market size was estimated at USD 831.71 million in 2023 and expected to reach USD 880.36 million in 2024, at a CAGR 7.60% to reach USD 1,389.23 million by 2030.

Global Robotic Drilling Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Robotic Drilling Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Robotic Drilling Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Robotic Drilling Market, highlighting leading vendors and their innovative profiles. These include Abraj Energy Services SAOC, Automated Rig Technologies Ltd, BP PLC, Chevron Corporation, Drillform Technical Services Ltd, Drillmec Inc. by Drillmec S.P.A., Ensign Energy Services Inc., Epiroc Finland Oy Ab, Exxon Mobil Corporation, Hilti Corporation, Huisman Equipment BV, Nabors Industries Limited, National-Oilwell Varco Inc., Petroliam Nasional Berhad (PETRONAS), Petróleo Brasileiro S.A., Phillips 66 Company, Precision Drilling Corporation, Rigarm Inc., Saudi Arabian Oil Company, Sekal AS, Shell group of companies, Siemens AG, SKF Group, Valero Energy Corporation, and Weatherford International plc.

Market Segmentation & Coverage



This research report categorizes the Robotic Drilling Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Software
Installation
New Builds
Retrofit
Deployment
Offshore
Onshore
End-User
Gas
Oil
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Robotic Drilling Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Robotic Drilling Market?
3. What are the technology trends and regulatory frameworks in the Robotic Drilling Market?
4. What is the market share of the leading vendors in the Robotic Drilling Market?
5. Which modes and strategic moves are suitable for entering the Robotic Drilling Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Robotic Drilling Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Need for increased precision and accuracy in drilling processes
5.1.1.2. Increasing demand from the oil and gas industry
5.1.1.3. Government initiatives promoting robotic activities across industries
5.1.2. Restraints
5.1.2.1. High implementation cost and complex integration with existing drilling operations
5.1.3. Opportunities
5.1.3.1. Technological advancements in the robotic drilling machines
5.1.3.2. Increasing investments in renewable energy projects
5.1.4. Challenges
5.1.4.1. Performance and technical limitations associated with the functioning of robotics drilling
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Robotic Drilling Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Software
7. Robotic Drilling Market, by Installation
7.1. Introduction
7.2. New Builds
7.3. Retrofit
8. Robotic Drilling Market, by Deployment
8.1. Introduction
8.2. Offshore
8.3. Onshore
9. Robotic Drilling Market, by End-User
9.1. Introduction
9.2. Gas
9.3. Oil
10. Americas Robotic Drilling Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Robotic Drilling Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Robotic Drilling Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Abraj Energy Services SAOC
14.1.2. Automated Rig Technologies Ltd
14.1.3. BP PLC
14.1.4. Chevron Corporation
14.1.5. Drillform Technical Services Ltd
14.1.6. Drillmec Inc. by Drillmec S.P.A.
14.1.7. Ensign Energy Services Inc.
14.1.8. Epiroc Finland Oy Ab
14.1.9. Exxon Mobil Corporation
14.1.10. Hilti Corporation
14.1.11. Huisman Equipment BV
14.1.12. Nabors Industries Limited
14.1.13. National-Oilwell Varco Inc.
14.1.14. Petroliam Nasional Berhad (PETRONAS)
14.1.15. Petróleo Brasileiro S.A.
14.1.16. Phillips 66 Company
14.1.17. Precision Drilling Corporation
14.1.18. Rigarm Inc.
14.1.19. Saudi Arabian Oil Company
14.1.20. Sekal AS
14.1.21. Shell group of companies
14.1.22. Siemens AG
14.1.23. SKF Group
14.1.24. Valero Energy Corporation
14.1.25. Weatherford International plc
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. ROBOTIC DRILLING MARKET RESEARCH PROCESS
FIGURE 2. ROBOTIC DRILLING MARKET SIZE, 2023 VS 2030
FIGURE 3. ROBOTIC DRILLING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ROBOTIC DRILLING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ROBOTIC DRILLING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ROBOTIC DRILLING MARKET DYNAMICS
FIGURE 7. ROBOTIC DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. ROBOTIC DRILLING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ROBOTIC DRILLING MARKET SIZE, BY INSTALLATION, 2023 VS 2030 (%)
FIGURE 10. ROBOTIC DRILLING MARKET SIZE, BY INSTALLATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ROBOTIC DRILLING MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 12. ROBOTIC DRILLING MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. ROBOTIC DRILLING MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. ROBOTIC DRILLING MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES ROBOTIC DRILLING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES ROBOTIC DRILLING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ROBOTIC DRILLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ROBOTIC DRILLING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. ROBOTIC DRILLING MARKET SHARE, BY KEY PLAYER, 2023

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