Autonomous Drilling Rigs - Global Market Trajectory & Analytics

Global Autonomous Drilling Rigs Market to Reach $979.6 Million by 2027

Amid the COVID-19 crisis, the global market for Autonomous Drilling Rigs estimated at US$635.3 Million in the year 2020, is projected to reach a revised size of US$979.6 Million by 2027, growing at a CAGR of 6.4% over the period 2020-2027.





The U.S. Market is Estimated at $187.6 Million, While China is Forecast to Grow at 6% CAGR

The Autonomous Drilling Rigs market in the U.S. is estimated at US$187.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$172 Million by the year 2027 trailing a CAGR of 6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR.

Select Competitors (Total 38 Featured):

• Total S.A.
• Rio Tinto
• Nabors Industries Ltd.
• GE Inspection Robotics