Press Release

Visiongain Ltd.

Global Market for Land Drill Rigs : Forecast Analysis till 2030

April 20th, 2021 12:00 AM

Visiongain has launched a new energy report Land Drill Rigs Market Report: Forecasts by Rig Type (Conventional Rigs & Mobile Rigs), by Power (<1500 Hp, 1500–2500 Hp, and >2500) Hp) AND by Region PLUS Profiles of Leading Companies in the Land Drill Rigs Market.

Global Land Drill Rigs market will see a capital expenditure (Capex) of $43,454.1mn in 2020. Onshore drilling is one of the major sources for oil extraction to meet the high demands from Asian, European, and the Middle East for petroleum. The consumption of oil is nearly 35 billion barrels per year across the globe which constitutes nearly 100 million barrels in a day.

Download a Sample Report with Table of Contents and Figures by clicking here: https://www.visiongain.com/report/global-land-drill-rigs-market-analysis-to-2030/

Onshore oil drilling accounts for nearly 70% of the overall oil production while offshore bags the remaining 30% of the oil production. In onshore drilling, the drilling structure is set-up on the ground and deep holes are dug in order to extract the oil from the oil formation level.

The crude oil prices face several ups and downs especially when global economic strength is weak, and supply outpace demand. In 2015, the US shale oil production was also declined due to low crude oil prices as a result of which the number of onshore drilling declined to nearly 40%.

The report will answer questions such as:

  • How is global the land drill rigs market evolving?
    • What is driving and restraining the land drill rigs market?
    • What are the market shares of each segment of the overall land drill rigs market in 2020?
    • How will each land drill rig submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
    • How will the market shares for each land drill rigs submarket develop from 2020 to 2030?
    • Which individual technologies will prevail and how will these shifts be responded to?
    • What will be the main driver of the overall market from 2020 to 2030?
    • How will political and regulatory factors influence the regional markets and submarkets?
    • Will leading national land drill rigs markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
    • How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
    • Who are the leading players and what are their prospects over the forecast period?
    • What are the predictions for M&A activity, consolidation for existing players and the potential prospects for new market entrants?
    • How will the industry evolve during the period between 2020 and 2030?

To request a overview of this report please contacts Sara Peerun at sara.peerun@visiongain.com or refer to our website: https://www.visiongain.com/report/global-land-drill-rigs-market-analysis-to-2030/

This independent 163-page report guarantees you will remain better informed than your competitors. With 205 tables and figures examining the Land Drill Rigs market space, the report gives you a direct, detailed breakdown of the market. PLUS, Capital expenditure by Rig Type and Power, as well as in-depth analysis of company Mergers and Acquisitions that will keep your knowledge that one step ahead of your rivals.

This report is essential reading for you or anyone in the Oil and Gas sector. Purchasing this report today will help you to recognise those important market opportunities and understand the possibilities there. I look forward to receiving your order.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

Find More Other Industry Research Reports by Visiongain:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help:

About Visiongain

Visiongain is one of the fastest-growing and most innovative independent market research and consulting company in London, UK, the company comprises over 400+ analysts and consultants, adding more than 1400 market research reports to its vast database each year. These reports offer in-depth analysis on 18 industries worldwide. With the help of an interactive market intelligence platform, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Contact:

Sara Peerun
Commercial Director
Visiongain Limited
Phone: +44 (0) 20 7549 9987.
Email: sara.peerun@visiongain.com
Web: https://www.visiongain.com/

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Report Source: https://www.visiongain.com/report/global-land-drill-rigs-market-analysis-to-2030/
Press Release Source: https://www.visiongain.com/global-land-drill-rigs-market-forecast/

 

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