Robotic Drilling Market Application, Installation, Components, and Region- Global Forecast to 2023 - PowerPoint PPT Presentation

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Robotic Drilling Market Application, Installation, Components, and Region- Global Forecast to 2023

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The global robotic drilling market was valued at USD 615.3 Million in 2017 and is expected to grow at a CAGR of 7.01% during the forecast period, to reach USD 923.2 Million by 2023. – PowerPoint PPT presentation

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Title: Robotic Drilling Market Application, Installation, Components, and Region- Global Forecast to 2023


1
Robotic Drilling Market Application,
Installation, Components, and Region- Global
Forecast to 2023
www.MarketsandMarkets.com
2
The onshore application is expected to hold a
larger share of the robotic drilling market
during the forecast period. The onshore segment
accounted for a larger market for robotic
drilling, based on application, in 2017. Globally
70 of the oil and gas production takes place at
onshore oil and gas fields. These fields require
less capital investment in comparison with
offshore fields and the costs related to
automation in these fields are relatively low.
Formations in onshore wells are more stable
during the drilling process than those in
offshore therefore, the adoption of automation
in such areas is faster for improving the
drilling efficiency. The market for onshore
robotic drilling systems is expected to grow at a
significant rate in the coming years. PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownload.asp?id227235522

3
Browse gtgt 68 market data
tables 30 figures
111 pages and in-depth TOC on Robotic
Drilling Market Application, Installation,
Components, and Region- Global Forecast to
2023 Early buyers will receive 10 customization
on this report. This is a Premium Report
Priced at US 5650 for single user. Corporate
User US8150 This study answers several
questions for the stakeholders, primarily which
market segments to focus on in the next two to
five years to prioritize efforts and investments.
4
North America is expected to be the
fastest-growing robotic drilling market. In
this report, the robotic drilling market has been
analyzed with respect to 5 regions, namely, North
America, Europe, Asia Pacific, the Middle East,
and Rest of the World. North America is expected
to be the largest and fastest-growing market,
based on region, during the forecast period. The
increased shale gas production and faster
adoption of advanced technologies in drilling
drive the growth of the robotic drilling market
in the region. Asia Pacific is expected to be the
second fastest-growing region in the robotic
drilling market. Request Sample
_at_ https//www.marketsandmarkets.com/requestsample.
asp?id227235522
5
  • Target Audience
  • The target audience of this report includes
  • Drilling equipment manufacturers and suppliers
  • Exploration and production companies
  • National and international drilling associations
  • Oilfield services providers.
  • Speak to analyst _at_ https//www.marketsandmarkets.c
    om/speaktoanalyst.asp?id227235522

6
  • Key players -
  • To provide an in-depth understanding of the
    competitive landscape, the report includes
    profiles of some of the leading players in the
    Robotic Drilling Market , namely
  • Nabors (US),
  • Precision (Canada),
  • Weatherford (Switzerland),
  • Huisman (Netherlands),
  • National Oilwell Varco (US).
  • Buy Now -
  • https//www.marketsandmarkets.com/Purchase/purchas
    e_report1.asp?id227235522

7
ContactMr. Shelly SinghMarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 UK
44-800-368-9399Email sales_at_marketsandmarkets.com
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