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The publisher has been monitoring the land drilling rigs market and it is poised to grow by $ 3.26 bn during 2021-2025, progressing at a CAGR of almost 3% during the forecast period. The report on land drilling rigs market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising global oil and gas consumption and discovery of new oil fields. In addition, rising global oil and gas consumption is anticipated to boost the growth of the market as well.
The land drilling rigs market analysis includes type segment an geographical landscapes.
The land drilling rigs market is segmented as below:
By Type
- Conventional rigs
- Mobile rigs
By Geographical Landscapes
- MEA
- North America
- APAC
- Europe
- South America
This study identifies the rise in unconventional oil and gas resources as one of the prime reasons driving the land drilling rigs market growth during the next few years.
The report on land drilling rigs market covers the following areas:
- Land drilling rigs market sizing
- Land drilling rigs market forecast
- Land drilling rigs market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading land drilling rigs market vendors that include Archer Ltd., Cactus Drilling Co. LLC, Drillmec Spa, Helmerich & Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., National Oilwell Varco Inc., Parker Drilling Co., Patterson-UTI Energy Inc., and Weatherford International Plc. Also, the land drilling rigs market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global land drilling rigs market: Archer Ltd., Cactus Drilling Co. LLC, Drillmec Spa, Helmerich & Payne Inc., KCA Deutag Alpha Ltd., Nabors Industries Ltd., National Oilwell Varco Inc., Parker Drilling Co., Patterson-UTI Energy Inc., and Weatherford International Plc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise in unconventional oil and gas resources.'
According to the report, one of the major drivers for this market is the rising global oil and gas consumption.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Archer Ltd.
- Cactus Drilling Co. LLC
- Drillmec Spa
- Helmerich & Payne Inc.
- KCA Deutag Alpha Ltd.
- Nabors Industries Ltd.
- National Oilwell Varco Inc.
- Parker Drilling Co.
- Patterson-UTI Energy Inc.
- Weatherford International Plc