Rotary Drilling Rig - Global Market Outlook (2016-2022)

Rotary Drilling Rig - Global Market Outlook (2016-2022)

  • Published: April 2017
  • ID: SMRC16453

According to Stratistics MRC, the Global Rotary Drilling Rig market is expected to grow from $XX million in 2016 to reach $XX million by 2022 with a CAGR of XX%. Growing exploration & production activities, recent technological developments in rotary drilling rigs, and increasing market for natural gas are the factors boosting the market growth. In addition, increasing construction activities in Asia Pacific region, increasing demand for oil & gas, and huge investments on new offshore reserves are some of the other factors fuelling the market growth during the forecast period. However, slow down in offshore drilling in few regions, high capital investments are the factors impeding the market growth.

Some of the key players in global rotary drilling rig market include Atlas Copco, BAUER AG, Beijing Sinovo International, Caterpillar, Dando Drilling International Ltd, Massenza Impianti di Perforazione, Sandvik Mining, SANY Group Co., Ltd, Schramm, Inc., Soilmec, STREICHER Drilling Technology GmbH, Sunward Intelligent, Terra, Xuzhou Construction Machinery Group, and Zoomlion.

Rig Types Covered:
• Single rigs
• Double rigs
• Triple rigs

Applications Covered:
• Land rotary drilling rigs
• Offshore rotary drilling rigs
o Ultra-Deep Water Rigs
o Deep Water Rigs
o Shallow Water Rigs

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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