Global Automated Power Catwalk Market Growth 2023-2029

Global Automated Power Catwalk Market Growth 2023-2029

The global Automated Power Catwalk market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The automated power catwalk has obvious advantages in improving the pipe string transportation efficiency, reducing the labor intensity of workers, increasing the safety of drilling tool transportation, and reducing the cost of drilling operations. This equipment is suitable for the automation and intelligent development of drilling equipment, and is suitable for the upgrading and transformation of existing drilling rigs and supporting new drilling rigs. The market prospect is broad.

The automated power catwalk is one of the core equipment of the drilling rig pipe string handling system, which can realize the automatic transportation of the pipe string between the pipe rack and the drilling floor during the drilling or workover process.

LPI (LP Information)' newest research report, the “Automated Power Catwalk Industry Forecast” looks at past sales and reviews total world Automated Power Catwalk sales in 2022, providing a comprehensive analysis by region and market sector of projected Automated Power Catwalk sales for 2023 through 2029. With Automated Power Catwalk sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automated Power Catwalk industry.

This Insight Report provides a comprehensive analysis of the global Automated Power Catwalk landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automated Power Catwalk portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automated Power Catwalk market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automated Power Catwalk and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automated Power Catwalk.

This report presents a comprehensive overview, market shares, and growth opportunities of Automated Power Catwalk market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Hydraulic Catwalk
Electric Catwalk

Segmentation by application
Onshore Drilling Rig
Offshore Drilling Rig

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZPEC
Bentec
Tubular Handling Systems RO
Nabors Industrie
Drillmec
Expro
Forum Energy Technologies
Drillform
Automated Rig Technologies
EPHH
R-Cat Oilfield
Mainland Machinery
TSM
Exact Valve Solutions
TSC
Honghua Group
Hande Automation
Intlef
Rg Petro-Machinery (Group)
Shandong Juneng Hydraulic Machinery
Lanzhou LS Petroleum Equipment Engineering

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automated Power Catwalk market?

What factors are driving Automated Power Catwalk market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automated Power Catwalk market opportunities vary by end market size?

How does Automated Power Catwalk break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.