Oil and Gas Drilling Automation, Global, 2024-2030
Oil and Gas Sector is Driving Transformational Growth through Autonomous Drilling
The market for automation and autonomy in oil and gas (O&G) drilling and production (or simply, drilling automation) is one of the highest-growth subsegments of the overall O&G automation industry. Large global automation firms compete alongside dedicated O&G solution providers and disruptive technology developers.
The main technologies deployed are artificial intelligence (AI), Internet of Things (IoT), and robotics. These technologies cover a wide variety of applications, including drilling systems, autonomous rigs, and exploration automation systems. They can significantly enhance efficiency and safety as well as reduce downtime and even carbon emissions through process optimization and efficiency gains.
This study analyzes the drilling automation sector on a global scale, covering all main trends and innovations occurring worldwide. The regions covered are North America (NA), Latin America (LATAM), Europe, Asia-Pacific (APAC), and the Middle East & Africa (MEA). The analysis covers both onshore and offshore O&G exploration and production (E&P) operations, with a close look at a combination of hardware and software automation technologies designed for drilling processes.
This study provides a detailed analysis of the industry’s growth trajectory, competitive landscape, and most dynamic growth opportunities from 2024 to 2030.
Transformations in the Automation and Autonomy in the Oil & Gas Drilling and Production Sector
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8
The Impact of the Top 3 Strategic Imperatives on the Drilling Automation Industry
Ecosystem
Scope of Analysis
Segmentation by Technology
Segmentation by Application
Competitive Environment
Key Competitors
Introduction to Drilling Automation
The Role of Automation in Drilling Operations
Technologies and Use Cases for Drilling Automation
High Growth Applications for Drilling Automation
Benefits and Challenges of Drilling Automation
Stages of Drilling Automation
Overall O&G Automation Competitive Landscape
Drilling Automation and Autonomous Drilling Ecosystem
Focus on Measurement While Drilling (MWD)
MWD Adoption Drivers
MWD Key Players
Growth Generator
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue Forecast
Revenue Forecast Analysis
Revenue Forecast by Region
Table Autonomous Drilling: Revenue Forecast by Application, Global, 2023-2030
Revenue Forecast Analysis
Revenue Forecast by Application
Revenue Forecast by Application Analysis
Revenue Forecast by Technology
Revenue Forecast by Technology Analysis
Revenue Share
Highlights of Key Vendors in Drilling Automation
Growth Opportunity Universe
Growth Opportunity 1: Digital Twins for Autonomous Drilling
Growth Opportunity 2: Automated Robots
Growth Opportunity 3: Automated Well Planning and Design