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FEATURED COMPANIES
- ABB
- Kongsberg Group
- Nabors Industries
- National Oilwell Varco
- Pason Systems
- Rockwell Automation
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
About Oil and Gas Drilling Automation
Oil and gas drilling automation market often comprises automation solutions for the drilling sector in the oil and gas industry, helping them to optimize drilling operations through efficient control of various processes without any human intervention.
The analysts forecast the global oil and gas drilling automation market to grow at a CAGR of 0.67% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global oil and gas drilling automation market for 2018-2022. To calculate the market size, the report considers the revenue generated based on the new rig demand, retrofits, and rig utilization rate.
The market is divided into the following segments based on geography:
The report, Global Oil and Gas Drilling Automation Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors
Market drivers
Market challenges
Market trends
Key questions answered in this report
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Oil and gas drilling automation market often comprises automation solutions for the drilling sector in the oil and gas industry, helping them to optimize drilling operations through efficient control of various processes without any human intervention.
The analysts forecast the global oil and gas drilling automation market to grow at a CAGR of 0.67% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global oil and gas drilling automation market for 2018-2022. To calculate the market size, the report considers the revenue generated based on the new rig demand, retrofits, and rig utilization rate.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Oil and Gas Drilling Automation Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors
- ABB
- Kongsberg Group
- Nabors Industries
- National Oilwell Varco
- Pason Systems
- Rockwell Automation
Market drivers
- Resurge in oil and gas exploration activities
- For a full, detailed list, view the full report
Market challenges
- Lack of skilled and experienced workforce
- For a full, detailed list, view the full report
Market trends
- Increasing consolidation in the industry
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ABB
- Kongsberg Group
- Nabors Industries
- National Oilwell Varco
- Pason Systems
- Rockwell Automation
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ABB
- Kongsberg Group
- Nabors Industries
- National Oilwell Varco
- Pason Systems
- Rockwell Automation
New Report Released: – Global Oil and Gas Drilling Automation Market 2018-2022
The author of the report recognizes the following companies as the key players in the global oil and gas drilling automation market: ABB, Kongsberg Group, Nabors Industries, National Oilwell Varco, Pason Systems, Rockwell Automation.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing advances in the automation technology. The adoption of automation has been growing leap and bounds with improvement in technology and communication technology is improving with the advent of advanced tracking solutions and wireless communication.”
According to the report, one of the major drivers for this market is the increasing complexity in drilling operations. Even small mistakes in oil and gas exploration projects can cause huge damage to workforce and environment, while incurring huge financial losses. This creates significant opportunity for automation to reduce the room for errors with more accurate data and monitoring capability.
Further, the report states that one of the major factors hindering the growth of this market is the high cost associated with automation. Volatility of crude oil prices is another key factor for the slower adoption of automation in the drilling industry. Such volatile nature of crude oil has eventually made it quite difficult for oil and gas drilling companies to invest in automation, hindering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The author of the report recognizes the following companies as the key players in the global oil and gas drilling automation market: ABB, Kongsberg Group, Nabors Industries, National Oilwell Varco, Pason Systems, Rockwell Automation.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing advances in the automation technology. The adoption of automation has been growing leap and bounds with improvement in technology and communication technology is improving with the advent of advanced tracking solutions and wireless communication.”
According to the report, one of the major drivers for this market is the increasing complexity in drilling operations. Even small mistakes in oil and gas exploration projects can cause huge damage to workforce and environment, while incurring huge financial losses. This creates significant opportunity for automation to reduce the room for errors with more accurate data and monitoring capability.
Further, the report states that one of the major factors hindering the growth of this market is the high cost associated with automation. Volatility of crude oil prices is another key factor for the slower adoption of automation in the drilling industry. Such volatile nature of crude oil has eventually made it quite difficult for oil and gas drilling companies to invest in automation, hindering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- ABB
- Kongsberg Group
- Nabors Industries
- National Oilwell Varco
- Pason Systems
- Rockwell Automation
Note: Product cover images may vary from those shown
