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Land Drilling Rigs Market 2021-2025

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    Report

  • 120 Pages
  • March 2021
  • Region: Global
  • TechNavio
  • ID: 5311031
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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.

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 Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis
  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type
  • Market segments
  • Comparison by Type
  • Conventional rigs - Market size and forecast 2020-2025
  • Mobile rigs - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape
Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • MEA - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • APAC - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • 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

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Key Finding 8
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 ($ billion)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • Type - Market share 2020-2025 (%)
  • Comparison by Type
  • Conventional rigs - Market size and forecast 2020-2025 ($ billion)
  • Conventional rigs - Year-over-year growth 2020-2025 (%)
  • Mobile rigs - Market size and forecast 2020-2025 ($ billion)
  • Mobile rigs - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Type
  • Customer landscape
  • Market share by geography 2020-2025 (%)
  • Geographic comparison
  • MEA - Market size and forecast 2020-2025 ($ billion)
  • MEA - Year-over-year growth 2020-2025 (%)
  • North America - Market size and forecast 2020-2025 ($ billion)
  • North America - Year-over-year growth 2020-2025 (%)
  • APAC - Market size and forecast 2020-2025 ($ billion)
  • APAC - Year-over-year growth 2020-2025 (%)
  • Europe - Market size and forecast 2020-2025 ($ billion)
  • Europe - Year-over-year growth 2020-2025 (%)
  • South America - Market size and forecast 2020-2025 ($ billion)
  • South America - Year-over-year growth 2020-2025 (%)
  • Key leading countries
  • Market opportunity by geography ($ billion)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Archer Ltd. - Overview
  • Archer Ltd. - Business segments
  • Archer Ltd. - Key offerings
  • Archer Ltd. - Key customers
  • Archer Ltd. - Segment focus
  • Cactus Drilling Co. LLC - Overview
  • Cactus Drilling Co. LLC - Product and service
  • Cactus Drilling Co. LLC - Key offerings
  • Cactus Drilling Co. LLC - Key customers
  • Cactus Drilling Co. LLC - Segment focus
  • Drillmec Spa - Overview
  • Drillmec Spa - Product and service
  • Drillmec Spa - Key offerings
  • Drillmec Spa - Key customers
  • Drillmec Spa - Segment focus
  • Helmerich & Payne Inc. - Overview
  • Helmerich & Payne Inc. - Business segments
  • Helmerich & Payne Inc. - Key offerings
  • Helmerich & Payne Inc. - Key customers
  • Helmerich & Payne Inc. - Segment focus
  • KCA Deutag Alpha Ltd. - Overview
  • KCA Deutag Alpha Ltd. - Business segments
  • KCA Deutag Alpha Ltd. - Key offerings
  • KCA Deutag Alpha Ltd. - Key customers
  • KCA Deutag Alpha Ltd. - Segment focus
  • Nabors Industries Ltd. - Overview
  • Nabors Industries Ltd. - Business segments
  • Nabors Industries Ltd. - Key offerings
  • Nabors Industries Ltd. - Key customers
  • Nabors Industries Ltd. - Segment focus
  • National Oilwell Varco Inc. - Overview
  • National Oilwell Varco Inc. - Business segments
  • National Oilwell Varco Inc. - Key offerings
  • National Oilwell Varco Inc. - Key customers
  • National Oilwell Varco Inc. - Segment focus
  • Parker Drilling Co. - Overview
  • Parker Drilling Co. - Business segments
  • Parker Drilling Co. - Key offerings
  • Parker Drilling Co. - Key customers
  • Parker Drilling Co. - Segment focus
  • Patterson-UTI Energy Inc. - Overview
  • Patterson-UTI Energy Inc. - Business segments
  • Patterson-UTI Energy Inc. - Key offerings
  • Patterson-UTI Energy Inc. - Key customers
  • Patterson-UTI Energy Inc. - Segment focus
  • Weatherford International Plc - Overview
  • Weatherford International Plc - Business segments
  • Weatherford International Plc - Key offerings
  • Weatherford International Plc - Key customers
  • Weatherford International Plc - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

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