The global oil and gas well drilling machinery market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The market is driven by the increasing demand for oil and gas in various regions across the globe, which has led to an increase in exploration activities. The increasing number of explorations has led to an increase in demand for drilling rigs, well surveying machinery, and other related equipment such as drill bits and drill pipes.
The global oil and gas well drilling machinery market is segmented on the basis of type into drilling rigs and well surveying machinery; on the basis of application into oil industry and gas industry; on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for shale gas exploration activities in North America is also expected to fuel the market growth over the forecast period.
- Increasing investments by major players in developing countries such as China, India, Brazil, Russia and Saudi Arabia are also anticipated to boost the global oil and gas well drilling machinery market size over the next few years .
Industry Growth Insights published a new data on “Oil & Gas Well Drilling Machinery Market”. The research report is titled “Oil & Gas Well Drilling Machinery Market research by Types (Drilling Rigs, Well Surveying Machinery, Others), By Applications (Oil Industry, Gas Industry), By Players/Companies Noble Corporation, China Oilfield Services Limited., Nabors Industries Ltd., Pacific Drilling, Rowan Companies PLC, Seadrill Limited, Transocean Ltd., Vantage Drilling, Hercules Offshore Inc., KCA Deutag, Maersk Drilling, Aban Offshore Limited, Atwood Oceanics, Diamond Offshore Drilling Inc., Alco, Amerimex Motor& Controls, Ensco PLC, Atlas Manufacturing, Aurora Electric Motors, BAUER Maschinen, GN Solids Control”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil & Gas Well Drilling Machinery Market Research Report
By Type
Drilling Rigs, Well Surveying Machinery, Others
By Application
Oil Industry, Gas Industry
By Companies
Noble Corporation, China Oilfield Services Limited., Nabors Industries Ltd., Pacific Drilling, Rowan Companies PLC, Seadrill Limited, Transocean Ltd., Vantage Drilling, Hercules Offshore Inc., KCA Deutag, Maersk Drilling, Aban Offshore Limited, Atwood Oceanics, Diamond Offshore Drilling Inc., Alco, Amerimex Motor& Controls, Ensco PLC, Atlas Manufacturing, Aurora Electric Motors, BAUER Maschinen, GN Solids Control
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Oil & Gas Well Drilling Machinery Market Report Segments:
The global Oil & Gas Well Drilling Machinery market is segmented on the basis of:
Types
Drilling Rigs, Well Surveying Machinery, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil Industry, Gas Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Noble Corporation
- China Oilfield Services Limited.
- Nabors Industries Ltd.
- Pacific Drilling
- Rowan Companies PLC
- Seadrill Limited
- Transocean Ltd.
- Vantage Drilling
- Hercules Offshore Inc.
- KCA Deutag
- Maersk Drilling
- Aban Offshore Limited
- Atwood Oceanics
- Diamond Offshore Drilling Inc.
- Alco
- Amerimex Motor& Controls
- Ensco PLC
- Atlas Manufacturing
- Aurora Electric Motors
- BAUER Maschinen
- GN Solids Control
Highlights of The Oil & Gas Well Drilling Machinery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Drilling Rigs
- Well Surveying Machinery
- Others
- By Application:
- Oil Industry
- Gas Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Oil & Gas Well Drilling Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Oil and gas well drilling machinery is a set of tools and machines used to drill wells. It includes the drilling rig, which is the main equipment used in oil and gas well drilling, as well as other related equipment such as mud pumps, derricks, compressors, valves and pipes.
Some of the major companies in the oil & gas well drilling machinery market are Noble Corporation, China Oilfield Services Limited., Nabors Industries Ltd., Pacific Drilling, Rowan Companies PLC, Seadrill Limited, Transocean Ltd., Vantage Drilling, Hercules Offshore Inc., KCA Deutag, Maersk Drilling, Aban Offshore Limited, Atwood Oceanics, Diamond Offshore Drilling Inc., Alco, Amerimex Motor& Controls, Ensco PLC, Atlas Manufacturing, Aurora Electric Motors, BAUER Maschinen, GN Solids Control.
The oil & gas well drilling machinery market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil & Gas Well Drilling Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oil & Gas Well Drilling Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oil & Gas Well Drilling Machinery Market - Supply Chain
4.5. Global Oil & Gas Well Drilling Machinery Market Forecast
4.5.1. Oil & Gas Well Drilling Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oil & Gas Well Drilling Machinery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oil & Gas Well Drilling Machinery Market Absolute $ Opportunity
5. Global Oil & Gas Well Drilling Machinery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
5.3.1. Drilling Rigs
5.3.2. Well Surveying Machinery
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oil & Gas Well Drilling Machinery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
6.3.1. Oil Industry
6.3.2. Gas Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oil & Gas Well Drilling Machinery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oil & Gas Well Drilling Machinery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oil & Gas Well Drilling Machinery Demand Share Forecast, 2019-2026
9. North America Oil & Gas Well Drilling Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
9.4.1. Oil Industry
9.4.2. Gas Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
9.7.1. Drilling Rigs
9.7.2. Well Surveying Machinery
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oil & Gas Well Drilling Machinery Demand Share Forecast, 2019-2026
10. Latin America Oil & Gas Well Drilling Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
10.4.1. Oil Industry
10.4.2. Gas Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
10.7.1. Drilling Rigs
10.7.2. Well Surveying Machinery
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oil & Gas Well Drilling Machinery Demand Share Forecast, 2019-2026
11. Europe Oil & Gas Well Drilling Machinery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
11.4.1. Oil Industry
11.4.2. Gas Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
11.7.1. Drilling Rigs
11.7.2. Well Surveying Machinery
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oil & Gas Well Drilling Machinery Demand Share, 2019-2026
12. Asia Pacific Oil & Gas Well Drilling Machinery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
12.4.1. Oil Industry
12.4.2. Gas Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
12.7.1. Drilling Rigs
12.7.2. Well Surveying Machinery
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oil & Gas Well Drilling Machinery Demand Share, 2019-2026
13. Middle East & Africa Oil & Gas Well Drilling Machinery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Application
13.4.1. Oil Industry
13.4.2. Gas Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oil & Gas Well Drilling Machinery Market Size and Volume Forecast by Type
13.7.1. Drilling Rigs
13.7.2. Well Surveying Machinery
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oil & Gas Well Drilling Machinery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oil & Gas Well Drilling Machinery Market: Market Share Analysis
14.2. Oil & Gas Well Drilling Machinery Distributors and Customers
14.3. Oil & Gas Well Drilling Machinery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Noble Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. China Oilfield Services Limited.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nabors Industries Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pacific Drilling
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rowan Companies PLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seadrill Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Transocean Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vantage Drilling
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hercules Offshore Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KCA Deutag
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Maersk Drilling
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aban Offshore Limited
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Atwood Oceanics
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Diamond Offshore Drilling Inc.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Alco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Amerimex Motor& Controls
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ensco PLC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Atlas Manufacturing
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Aurora Electric Motors
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. BAUER Maschinen
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
