Drilling Equipment Market (Type: Drawworks, Traveling Blocks, Coiled Tubing, Drilling Instrumentation, Drilling Generators, Wireline Equipment, Completion Tools, Oil Tools, Pipe Handling Systems, and Others) - Global Industry Analysis, Size, Share, Growth

Drilling Equipment Market (Type: Drawworks, Traveling Blocks, Coiled Tubing, Drilling Instrumentation, Drilling Generators, Wireline Equipment, Completion Tools, Oil Tools, Pipe Handling Systems, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034


Drilling Equipment Market – Scope of Report

TMR’s report on the global drilling equipments market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global drilling equipments market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global drilling equipments market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the drilling equipments market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global drilling equipments market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global drilling equipments market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global drilling equipments market.

The report delves into the competitive landscape of the global drilling equipments market. Key players operating in the global drilling equipments market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global drilling equipments market profiled in this report.

Key Questions Answered in Global drilling equipments Market Report
  • What is the sales/revenue generated by drilling equipments across all regions during the forecast period?
  • What are the opportunities in the global drilling equipments market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2034?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Drilling Equipment Market – Research Objectives and Research Approach

The comprehensive report on the global drilling equipments market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global drilling equipments market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global drilling equipments market.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Porter’s Five Forces Analysis
5.5. Value Chain Analysis
5.6. Industry SWOT Analysis
5.7. Product Innovation Overview
5.8. Global Drilling Equipment Market Analysis and Forecast, 2020-2034
5.8.1. Market Value Projection (US$ Bn)
5.8.2. Market Volume Projection (Thousand Units)
6. Global Drilling Equipment Market Analysis and Forecast, By Type
6.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
6.1.1. Drawworks
6.1.2. Travelling Blocks
6.1.3. Coiled Tubing
6.1.4. Drilling Instrumentations
6.1.5. Drilling Generators
6.1.6. Wireline Equipment
6.1.7. Completion Tools
6.1.8. Oil Tools
6.1.9. Pipe Handling Systems
6.1.10. Others (Power Swivels, etc.)
6.2. Incremental Opportunity Analysis, By Type
7. Global Drilling Equipment Market Analysis and Forecast, By Category
7.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
7.1.1. Automatic
7.1.2. Manual
7.2. Incremental Opportunity Analysis, By Category
8. Global Drilling Equipment Market Analysis and Forecast, By Power Source
8.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
8.1.1. Electric
8.1.2. Non-electric
8.2. Incremental Opportunity Analysis, By Power Source
9. Global Drilling Equipment Market Analysis and Forecast, By Mount Type
9.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
9.1.1. Truck Mounted
9.1.2. Trailer Mounted
9.2. Incremental Opportunity Analysis, By Mount Type
10. Global Drilling Equipment Market Analysis and Forecast, By End-use
10.1. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
10.1.1. Construction
10.1.2. Oil & Gas
10.1.3. Mining
10.1.4. Water Management
10.1.5. Others (Manufacturing, etc.)
10.2. Incremental Opportunity Analysis, By End-use
11. Global Drilling Equipment Market Analysis and Forecast, By Distribution Channel
11.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
11.1.1. Direct Sales
11.1.2. Indirect Sales
11.2. Incremental Opportunity Analysis, By Distribution Channel
12. Global Drilling Equipment Market Analysis and Forecast, by Region
12.1. Drilling Equipment Market (US$ Bn and Thousand Units), By Region, 2020-2034
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Middle East & Africa
12.1.5. South America
12.2. Incremental Opportunity Analysis, by Region
13. North America Drilling Equipment Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Demographic Overview
13.3. Key Trend Analysis
13.4. Market Share Analysis (%)
13.4.1. Local Manufacture Vs Import
13.5. Consumer Buying Behavior Analysis
13.6. Pricing Analysis
13.6.1. Weighted Average Selling Price (US$)
13.7. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
13.7.1. Drawworks
13.7.2. Travelling Blocks
13.7.3. Coiled Tubing
13.7.4. Drilling Instrumentations
13.7.5. Drilling Generators
13.7.6. Wireline Equipment
13.7.7. Completion Tools
13.7.8. Oil Tools
13.7.9. Pipe Handling Systems
13.7.10. Others (Power Swivels, etc.)
13.8. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
13.8.1. Automatic
13.8.2. Manual
13.9. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
13.9.1. Electric
13.9.2. Non-electric
13.10. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
13.10.1. Truck Mounted
13.10.2. Trailer Mounted
13.11. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
13.11.1. Construction
13.11.2. Oil & Gas
13.11.3. Mining
13.11.4. Water Management
13.11.5. Others (Manufacturing, etc.)
13.12. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
13.12.1. Direct Sales
13.12.2. Indirect Sales
13.13. Drilling Equipment Market (US$ Bn and Thousand Units), By Country, 2020-2034
13.13.1. U.S.
13.13.2. Canada
13.13.3. Rest of North America
13.14. Incremental Opportunity Analysis
14. Europe Drilling Equipment Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Demographic Overview
14.3. Key Trend Analysis
14.4. Market Share Analysis (%)
14.4.1. Local Manufacture Vs Import
14.5. Consumer Buying Behavior Analysis
14.6. Pricing Analysis
14.6.1. Weighted Average Selling Price (US$)
14.7. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
14.7.1. Drawworks
14.7.2. Travelling Blocks
14.7.3. Coiled Tubing
14.7.4. Drilling Instrumentations
14.7.5. Drilling Generators
14.7.6. Wireline Equipment
14.7.7. Completion Tools
14.7.8. Oil Tools
14.7.9. Pipe Handling Systems
14.7.10. Others (Power Swivels, etc.)
14.8. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
14.8.1. Automatic
14.8.2. Manual
14.9. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
14.9.1. Electric
14.9.2. Non-electric
14.10. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
14.10.1. Truck Mounted
14.10.2. Trailer Mounted
14.11. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
14.11.1. Construction
14.11.2. Oil & Gas
14.11.3. Mining
14.11.4. Water Management
14.11.5. Others (Manufacturing, etc.)
14.12. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
14.12.1. Direct Sales
14.12.2. Indirect Sales
14.13. Drilling Equipment Market (US$ Bn and Thousand Units), By Country and Sub-region, 2020-2034
14.13.1. U.K.
14.13.2. Germany
14.13.3. France
14.13.4. Italy
14.13.5. Spain
14.13.6. Rest of Europe
14.14. Incremental Opportunity Analysis
15. Asia Pacific Drilling Equipment Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Demographic Overview
15.3. Key Trend Analysis
15.4. Market Share Analysis (%)
15.4.1. Local Manufacture Vs Import
15.5. Consumer Buying Behavior Analysis
15.6. Pricing Analysis
15.6.1. Weighted Average Selling Price (US$)
15.7. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
15.7.1. Drawworks
15.7.2. Travelling Blocks
15.7.3. Coiled Tubing
15.7.4. Drilling Instrumentations
15.7.5. Drilling Generators
15.7.6. Wireline Equipment
15.7.7. Completion Tools
15.7.8. Oil Tools
15.7.9. Pipe Handling Systems
15.7.10. Others (Power Swivels, etc.)
15.8. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
15.8.1. Automatic
15.8.2. Manual
15.9. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
15.9.1. Electric
15.9.2. Non-electric
15.10. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
15.10.1. Truck Mounted
15.10.2. Trailer Mounted
15.11. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
15.11.1. Construction
15.11.2. Oil & Gas
15.11.3. Mining
15.11.4. Water Management
15.11.5. Others (Manufacturing, etc.)
15.12. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
15.12.1. Direct Sales
15.12.2. Indirect Sales
15.13. Drilling Equipment Market (US$ Bn and Thousand Units), By Country and Sub-region, 2020-2034
15.13.1. China
15.13.2. India
15.13.3. Japan
15.13.4. South Korea
15.13.5. ASEAN
15.13.6. Rest of Asia Pacific
15.14. Incremental Opportunity Analysis
16. Middle East & Africa Drilling Equipment Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Demographic Overview
16.3. Key Trend Analysis
16.4. Market Share Analysis (%)
16.4.1. Local Manufacture Vs Import
16.5. Consumer Buying Behavior Analysis
16.6. Pricing Analysis
16.6.1. Weighted Average Selling Price (US$)
16.7. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
16.7.1. Drawworks
16.7.2. Travelling Blocks
16.7.3. Coiled Tubing
16.7.4. Drilling Instrumentations
16.7.5. Drilling Generators
16.7.6. Wireline Equipment
16.7.7. Completion Tools
16.7.8. Oil Tools
16.7.9. Pipe Handling Systems
16.7.10. Others (Power Swivels, etc.)
16.8. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
16.8.1. Automatic
16.8.2. Manual
16.9. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
16.9.1. Electric
16.9.2. Non-electric
16.10. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
16.10.1. Truck Mounted
16.10.2. Trailer Mounted
16.11. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
16.11.1. Construction
16.11.2. Oil & Gas
16.11.3. Mining
16.11.4. Water Management
16.11.5. Others (Manufacturing, etc.)
16.12. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
16.12.1. Direct Sales
16.12.2. Indirect Sales
16.13. Drilling Equipment Market (US$ Bn and Thousand Units), By Country and Sub-region, 2020-2034
16.13.1. GCC
16.13.2. South Africa
16.13.3. Rest of Middle East & Africa
16.14. Incremental Opportunity Analysis
17. South America Drilling Equipment Market Analysis and Forecast
17.1. Regional Snapshot
17.2. Demographic Overview
17.3. Key Trend Analysis
17.4. Market Share Analysis (%)
17.4.1. Local Manufacture Vs Import
17.5. Consumer Buying Behavior Analysis
17.6. Pricing Analysis
17.6.1. Weighted Average Selling Price (US$)
17.7. Drilling Equipment Market (US$ Bn and Thousand Units), By Type, 2020-2034
17.7.1. Drawworks
17.7.2. Travelling Blocks
17.7.3. Coiled Tubing
17.7.4. Drilling Instrumentations
17.7.5. Drilling Generators
17.7.6. Wireline Equipment
17.7.7. Completion Tools
17.7.8. Oil Tools
17.7.9. Pipe Handling Systems
17.7.10. Others (Power Swivels, etc.)
17.8. Drilling Equipment Market (US$ Bn and Thousand Units), By Category, 2020-2034
17.8.1. Automatic
17.8.2. Manual
17.9. Drilling Equipment Market (US$ Bn and Thousand Units), By Power Source, 2020-2034
17.9.1. Electric
17.9.2. Non-electric
17.10. Drilling Equipment Market (US$ Bn and Thousand Units), By Mount Type, 2020-2034
17.10.1. Truck Mounted
17.10.2. Trailer Mounted
17.11. Drilling Equipment Market (US$ Bn and Thousand Units), By End-use, 2020-2034
17.11.1. Construction
17.11.2. Oil & Gas
17.11.3. Mining
17.11.4. Water Management
17.11.5. Others (Manufacturing, etc.)
17.12. Drilling Equipment Market (US$ Bn and Thousand Units), By Distribution Channel, 2020-2034
17.12.1. Direct Sales
17.12.2. Indirect Sales
17.13. Drilling Equipment Market (US$ Bn and Thousand Units), By Country and Sub-region, 2020-2034
17.13.1. Brazil
17.13.2. Argentina
17.13.3. Rest of South America
17.14. Incremental Opportunity Analysis
18. Competition Landscape
18.1. Market Player - Competition Dashboard
18.2. Market Share Analysis (%), 2023
18.3. Company Profiles
18.3.1. Grayford Industrial.
18.3.1.1. Company Overview
18.3.1.2. Sales Area/Geographical Presence
18.3.1.3. Revenue
18.3.1.4. Strategy & Business Overview
18.3.2. SLB.
18.3.2.1. Company Overview
18.3.2.2. Sales Area/Geographical Presence
18.3.2.3. Revenue
18.3.2.4. Strategy & Business Overview
18.3.3. CZM USA
18.3.3.1. Company Overview
18.3.3.2. Sales Area/Geographical Presence
18.3.3.3. Revenue
18.3.3.4. Strategy & Business Overview
18.3.4. Bay Shore Systems Inc.
18.3.4.1. Company Overview
18.3.4.2. Sales Area/Geographical Presence
18.3.4.3. Revenue
18.3.4.4. Strategy & Business Overview
18.3.5. NOV
18.3.5.1. Company Overview
18.3.5.2. Sales Area/Geographical Presence
18.3.5.3. Revenue
18.3.5.4. Strategy & Business Overview
18.3.6. Wuxi Anman Construction Machinery Co., Ltd
18.3.6.1. Company Overview
18.3.6.2. Sales Area/Geographical Presence
18.3.6.3. Revenue
18.3.6.4. Strategy & Business Overview
18.3.7. Prime Drilling GmbH
18.3.7.1. Company Overview
18.3.7.2. Sales Area/Geographical Presence
18.3.7.3. Revenue
18.3.7.4. Strategy & Business Overview
18.3.8. Herrenknecht AG
18.3.8.1. Company Overview
18.3.8.2. Sales Area/Geographical Presence
18.3.8.3. Revenue
18.3.8.4. Strategy & Business Overview
18.3.9. Cactus, Inc.
18.3.9.1. Company Overview
18.3.9.2. Sales Area/Geographical Presence
18.3.9.3. Revenue
18.3.9.4. Strategy & Business Overview
18.3.10. Parker Wellbore.
18.3.10.1. Company Overview
18.3.10.2. Sales Area/Geographical Presence
18.3.10.3. Revenue
18.3.10.4. Strategy & Business Overview
19. Go To Market Strategy
19.1. Identification of Potential Market Spaces
19.2. Understanding Buying Process of Customers
19.3. Preferred Sales & Marketing Strategy

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