The Global Oil & Gas Drilling Automation Market is anticipated to grow at a rate of steady CAGR for the forecast period, 2022-2026. The rise in the energy requirements and the adoption of advanced techniques to improve the overall productivity of oil & gas extraction is the key factor fueling the demand of the Global Oil & Gas Drilling Automation Market.

Oil & gas requires the process of extraction from the natural reserves by boring a hole into the well, which is called the drilling operation. Market players in the extraction process adopt advanced technologies and equipment to efficiently take out the oil and natural gas for further use. The growing use of automated oil and gas drilling equipment helps in lowering human error and provides improved safety to the workers. It also increases the efficiency of the oil & gas extraction process by boosting overall productivity. The use of automation technology provides cost-effective solutions that are the major reason for its high adoption among the market players.

Increase In Energy Requirement Fuels the Market Growth

Rapid urbanization and industrialization in developing economies and the allocation of funds for infrastructural development by the leading authorities are expected to boost oil and gas extraction and exploration activities.  The high demand from the prominent industry verticals such as gas-fired power plants, transportation industry, manufacturing industry, residential and commercials sector is accelerating the demand for efficient energy generation and production methods. The flourishing automotive industry, which runs on oil and gas fuel, and the shift in the consumer patterns for increased vehicle ownership are expected to propel the demand for the Global Oil & Gas Drilling Automation Market growth. The growing disposable income of middle-class families coupled with the high internet penetration enables consumers to invest in consumer electronic devices that use electricity as a power source.

Technological Advancement Boosts the Market Growth

The use of robotic technology by the market players for oil & gas extraction drilling automation is expected to create huge potential for the Global Oil & Gas Drilling Automation Market. The demand for robotic technology in inspection, repair, maintenance, drilling, and monitoring processes to reduce the operational cost in complex oil and gas drilling operations is growing rapidly. The development of the multi-axial drill floor robot, which can be used for offshore and onshore installation and efficiently handle the drilling operation, is expected to accelerate the demand for the Global Oil & Gas Drilling Automation Market. The use of robotic solutions in the drilling operations lowers the risks and simplifies the task, and the method is highly accurate, efficient, reliable, and takes lesser time than the conventional method of oil and gas drilling. The oil & gas industry is actively adopting the internet of things technology which helps in the real-time analysis and monitoring of the drilling operation. It also provides information about the performance factors and about the remote locations which are generally not accessible. The increase in the demand for advanced technologies and equipment during the oil & gas drilling operations is a positive influencing factor. It paves the way for more research and development activities to improve productivity and safety.


Click here to download the sample

Market Segmentation

The Global Oil & Gas Drilling Automation Market is segmented on the basis of product, deployment, regional distribution, and competition landscape. Based on the product, the market is divided into supervisory control and data acquisition (SCADA), distributed control system (DCS), programmable logic controller (PLC), and manufacturing execution systems (MES). Based on the deployment, the market is divided into onshore and offshore. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific region, North American region, European region, South American region, and Middle East & African region.

Market Players

Schlumberger Limited, Halliburton Company, National Oilwell Varco Inc., Baker Hughes Company, Weatherford International Inc., Rockwell Automation Inc., ABB Limited, Nabors Industries Limited, Autonomous Solutions, Inc., Pason Systems Corporation, Kongsberg Gruppen ASA are among the major market players in the global platform that lead the market growth of the Global Oil & Gas Drilling Automation Market.

Attribute

Details

Base Year

2020

Historic Data

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product

·         Deployment

Regional scope

North America; Asia Pacific; Europe; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Italy; Spain; Poland; Denmark; Brazil; Argentina; Colombia; Poland; Denmark; Saudi Arabia; South Africa; UAE; Iraq; Turkey

Key companies profiled

Schlumberger Limited, Halliburton Company, National Oilwell Varco Inc., Baker Hughes Company, Weatherford International Inc., Rockwell Automation Inc., ABB Limited, Nabors Industries Limited, Autonomous Solutions, Inc., Pason Systems Corporation, Kongsberg Gruppen ASA

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global Oil & Gas Drilling Automation Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Oil & Gas Drilling Automation Market, By Product:
    • Supervisory Control and Data Acquisition (SCADA)
    • Distributed Control System (DCS)
    • Programmable Logic Controller (PLC)
    • Manufacturing Execution Systems (MES)
  • Oil & Gas Drilling Automation Market, By Deployment:
    • Onshore
    • Offshore
  • Oil & Gas Drilling Automation Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Poland
      • Denmark
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Peru
      • Chile
    • Middle East & Africa

§  Saudi Arabia

§  South Africa

§  UAE

§  Iraq

§  Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Oil & Gas Drilling Automation Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Oil & Gas Drilling Automation Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Oil & Gas Drilling Automation Market

4.    Executive Summary

5.    Voice of Customers

5.1.1.     Brand Awareness

5.1.2.     Factors Considered while Selecting the Supplier

5.1.3.     Brand Satisfaction Level

5.1.4.     Major Challenges Faced

6.    Global Oil & Gas Drilling Automation Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product (Supervisory Control and Data Acquisition (SCADA), Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution Systems (MES)

6.2.2.     By Deployment (Onshore, Offshore) 

6.2.3.     By Region  

6.2.4.     By Company

6.3.  Product Market Map

7.    North America Oil & Gas Drilling Automation Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Deployment

7.2.3.     By Country

7.3.  North America: Country Analysis

7.3.1.     United States Oil & Gas Drilling Automation Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value 

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product

7.3.1.2.2.             By Deployment

7.3.2.     Canada Oil & Gas Drilling Automation Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value 

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product

7.3.2.2.2.             By Deployment

7.3.3.     Mexico Oil & Gas Drilling Automation Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value 

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product

7.3.3.2.2.             By Deployment

8.    Asia-Pacific Oil & Gas Drilling Automation Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Deployment

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Oil & Gas Drilling Automation Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value 

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product

8.3.1.2.2.             By Deployment

8.3.2.     India Oil & Gas Drilling Automation Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value 

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product

8.3.2.2.2.             By Deployment

8.3.3.     Japan Oil & Gas Drilling Automation Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value 

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product

8.3.3.2.2.             By Deployment

8.3.4.     South Korea Oil & Gas Drilling Automation Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value 

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product

8.3.4.2.2.             By Deployment

8.3.5.     Australia Oil & Gas Drilling Automation Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value 

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product

8.3.5.2.2.             By Deployment

8.3.6.     Singapore Oil & Gas Drilling Automation Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value 

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Product

8.3.6.2.2.             By Deployment

8.3.7.     Malaysia Oil & Gas Drilling Automation Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value 

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Product

8.3.7.2.2.             By Deployment

9.    Europe Oil & Gas Drilling Automation Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Deployment

9.2.3.     By Country

9.3.  Europe: Country Analysis

9.3.1.     Germany Oil & Gas Drilling Automation Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value 

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product

9.3.1.2.2.             By Deployment

9.3.2.     United Kingdom Oil & Gas Drilling Automation Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value 

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product

9.3.2.2.2.             By Deployment

9.3.3.     France Oil & Gas Drilling Automation Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value 

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product

9.3.3.2.2.             By Deployment

9.3.4.     Italy Oil & Gas Drilling Automation Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value 

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Product

9.3.4.2.2.             By Deployment

9.3.5.     Spain Oil & Gas Drilling Automation Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value 

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Product

9.3.5.2.2.             By Deployment

9.3.6.     Poland Oil & Gas Drilling Automation Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value 

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Product

9.3.6.2.2.             By Deployment

9.3.7.     Denmark Oil & Gas Drilling Automation Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value 

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Product

9.3.7.2.2.             By Deployment

10.  South America Oil & Gas Drilling Automation Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Deployment

10.2.3.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Oil & Gas Drilling Automation Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value 

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product

10.3.1.2.2.           By Deployment

10.3.2.  Argentina Oil & Gas Drilling Automation Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value 

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product

10.3.2.2.2.           By Deployment

10.3.3.  Colombia Oil & Gas Drilling Automation Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value 

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product

10.3.3.2.2.           By Deployment

10.3.4.  Peru Oil & Gas Drilling Automation Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value 

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Product

10.3.4.2.2.           By Deployment

10.3.5.  Chile Oil & Gas Drilling Automation Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value 

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Product

10.3.5.2.2.           By Deployment

11.  Middle East & Africa Oil & Gas Drilling Automation Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Deployment

11.2.3.  By Country

11.3.              South America: Country Analysis

11.3.1.  Saudi Arabia Oil & Gas Drilling Automation Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value 

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product

11.3.1.2.2.           By Deployment

11.3.2.  South Africa Oil & Gas Drilling Automation Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value 

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product

11.3.2.2.2.           By Deployment

11.3.3.  UAE Oil & Gas Drilling Automation Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value 

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product

11.3.3.2.2.           By Deployment

11.3.4.  Iraq Oil & Gas Drilling Automation Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value 

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Product

11.3.4.2.2.           By Deployment

11.3.5.  Turkey Oil & Gas Drilling Automation Market Outlook

11.3.5.1.      Market Size & Forecast

11.3.5.1.1.           By Value 

11.3.5.2.      Market Share & Forecast

11.3.5.2.1.           By Product

11.3.5.2.2.           By Deployment

12.  Market Dynamics

12.1.  Drivers

12.2.  Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.    Competition Outlook

14.2.    Company Profiles

14.2.1.  Schlumberger Limited

14.2.2.  Halliburton Company

14.2.3.  National Oilwell Varco Inc.

14.2.4.  Baker Hughes Company

14.2.5.  Weatherford International Inc.

14.2.6.  Rockwell Automation Inc.

14.2.7.  ABB Limited

14.2.8.  Nabors Industries Limited

14.2.9.  Autonomous Solutions, Inc.

14.2.10.                Pason Systems Corporation

14.2.11.                Kongsberg Gruppen ASA

15.  Strategic Recommendations

16. About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com