The robot drilling market is expected to record a CAGR of more than 6% over the forecast period 2021-2027. It is expected to help drive the robotic drilling systems market in a factor-efficient manner, such as increasing exploration activity and focusing on developing new oil and gas fields in a risk-free, cost-effective and timely manner. However, in recent years volatility in oil prices, cybersecurity concerns and high initial costs have hampered the growth of the robotic drilling market.
A full report of Robotic Drilling Market available at: https://www.orionmarketreports.com/robotic-drilling-market/35414/
Company Profiles
• Nabors Industries Ltd.
• Rigarm
• National Oilwell Varco, Inc.
• Sekal AS
• Huisman Equipment B.V.
• Automated Rig Technologies Ltd.
• Drillmec Inc.
• Ensign Energy Services Inc.
• Abraj Energy Services
• Drillform Technical Services Ltd.
Robotic Drilling Market Segmentation
By Component
• Hardware
• Software
By Installation type
• New Build
• Retrofit
By Application
• Onshore
• Offshore
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Robotic Drilling Market.
• The market share of the Robotic Drilling Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Robotic Drilling Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Robotic Drilling Market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)