Global Oil and Gas Drilling Automation Market to Reach US$1.4 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Oil and Gas Drilling Automation estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 1.1% over the period 2020-2027. Onshore, one of the segments analyzed in the report, is projected to grow at a 0.9% CAGR to reach US$823.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Offshore segment is readjusted to a revised 1.4% CAGR for the next 7-year period. This segment currently accounts for a 38.2% share of the global Oil and Gas Drilling Automation market.
The U. S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 0.9% CAGR for the Period of 2020-2027
The Oil and Gas Drilling Automation market in the U. S. is estimated at US$366.7 Million in the year 2020. The country currently accounts for a 29.35% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$239.4 Million in the year 2027 trailing a CAGR of 0.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR while Rest of European market (as defined in the study) will reach US$239.4 Million by the year 2027. We bring years of research experience to this 6th edition of our report. The 125-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Amid the COVID-19 crisis, the global market for Oil and Gas Drilling Automation estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 1.1% over the period 2020-2027. Onshore, one of the segments analyzed in the report, is projected to grow at a 0.9% CAGR to reach US$823.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Offshore segment is readjusted to a revised 1.4% CAGR for the next 7-year period. This segment currently accounts for a 38.2% share of the global Oil and Gas Drilling Automation market.
The U. S. Accounts for Over 29.4% of Global Market Size in 2020, While China is Forecast to Grow at a 0.9% CAGR for the Period of 2020-2027
The Oil and Gas Drilling Automation market in the U. S. is estimated at US$366.7 Million in the year 2020. The country currently accounts for a 29.35% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$239.4 Million in the year 2027 trailing a CAGR of 0.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 0.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR while Rest of European market (as defined in the study) will reach US$239.4 Million by the year 2027. We bring years of research experience to this 6th edition of our report. The 125-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- ABB Group
- Kongsberg Gruppen ASA
- Nabors Industries Ltd.
- National Oilwell Varco, Inc.
- Pason Systems Corp.
- Rockwell Automation, Inc.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- Oil and Gas Drilling Automation Competitor Market Share Scenario Worldwide (in %): 2018E
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Current & Future Analysis for Oil and Gas Drilling Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027
- TABLE 2: World Historic Review for Oil and Gas Drilling Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 3: World 15-Year Perspective for Oil and Gas Drilling Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027
- TABLE 4: World Current & Future Analysis for Onshore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027
- TABLE 5: World Historic Review for Onshore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 6: World 15-Year Perspective for Onshore by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
- TABLE 7: World Current & Future Analysis for Offshore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027
- TABLE 8: World Historic Review for Offshore by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 9: World 15-Year Perspective for Offshore by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
- Market Facts & Figures
- US Oil and Gas Drilling Automation Market Share (in %) by Company: 2018 & 2027
- Market Analytics
- TABLE 10: USA Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 11: USA Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 12: USA 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 13: Canada Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 14: Canada Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 15: Canada 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 16: Japan Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 17: Japan Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 18: Japan 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 19: China Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 20: China Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 21: China 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- Market Facts & Figures
- European Oil and Gas Drilling Automation Market: Competitor Market Share Scenario (in %) for 2018 & 2027
- Market Analytics
- TABLE 22: Europe Current & Future Analysis for Oil and Gas Drilling Automation by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027
- TABLE 23: Europe Historic Review for Oil and Gas Drilling Automation by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 24: Europe 15-Year Perspective for Oil and Gas Drilling Automation by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2018 & 2027
- TABLE 25: Europe Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 26: Europe Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 27: Europe 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 28: France Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 29: France Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 30: France 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 31: Germany Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 32: Germany Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 33: Germany 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 34: Italy Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 35: Italy Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 36: Italy 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 37: UK Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 38: UK Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 39: UK 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 40: Rest of Europe Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 41: Rest of Europe Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 42: Rest of Europe 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 43: Asia-Pacific Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 44: Asia-Pacific Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 45: Asia-Pacific 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- TABLE 46: Rest of World Current & Future Analysis for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- TABLE 47: Rest of World Historic Review for Oil and Gas Drilling Automation by End-Use - Onshore and Offshore Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- TABLE 48: Rest of World 15-Year Perspective for Oil and Gas Drilling Automation by End-Use - Percentage Breakdown of Value Sales for Onshore and Offshore for the Years 2012, 2018 & 2027
- Total Companies Profiled: 42
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