Part 1
Part 2
Part 3
Part 4
Part 5
Description
Drilling is a process whereby a hole is bored using a drill bit to create a well for oil and natural gas production. There are various kinds of oil wells with different functions: Exploration wells (or wildcat wells) are drilled for exploration purposes in new areas. Oil & Gas Well Drilling Machinery can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
The global Oil & Gas Well Drilling Machinery market was valued at US$ 2185.1 million in 2023 and is anticipated to reach US$ 3162 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
Oil & Gas Well Drilling Machinery Market Size(US$)
M= millions and B=billions

North American market for Oil & Gas Well Drilling Machinery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Oil & Gas Well Drilling Machinery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Oil & Gas Well Drilling Machinery include Schlumberger, National-Oilwell Varco, CNPC Equipment, Sinopec Oilfield Equipment, Honghua Group, Keppel, Hyundai Heavy Industries (HHI), Huisman Equipment and Bentec GmbH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Oil & Gas Well Drilling Machinery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil & Gas Well Drilling Machinery.
Report Scope
The Oil & Gas Well Drilling Machinery market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oil & Gas Well Drilling Machinery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oil & Gas Well Drilling Machinery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Report Metric
Details
Report Title
Global Oil & Gas Well Drilling Machinery Market Research Report 2024
Forecasted Market Size in 2030
US$ 3162 million
CAGR(2024-2030)
5.5%
Market Size Available for Years
2024-2030
Global Oil & Gas Well Drilling Machinery Companies Covered
Schlumberger
National-Oilwell Varco
CNPC Equipment
Sinopec Oilfield Equipment
Honghua Group
Keppel
Hyundai Heavy Industries (HHI)
Huisman Equipment
Bentec GmbH
ZPEC
Sembcorp Marine
TSC Group Holdings
Global Oil & Gas Well Drilling Machinery Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Oil & Gas Well Drilling Machinery Market, Segment by Type
Drilling Rigs
Rig Accessories
Cementing Equipment
Workover Equipment
Others
Global Oil & Gas Well Drilling Machinery Market, Segment by Application
Offshore Drilling
Onshore Drilling
Forecast Units
Million USD
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Oil & Gas Well Drilling Machinery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Oil & Gas Well Drilling Machinery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Oil & Gas Well Drilling Machinery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 Oil & Gas Well Drilling Machinery Market Overview
1.1 Product Definition
1.2 Oil & Gas Well Drilling Machinery Segment by Type
1.2.1 Global Oil & Gas Well Drilling Machinery Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Drilling Rigs
1.2.3 Rig Accessories
1.2.4 Cementing Equipment
1.2.5 Workover Equipment
1.2.6 Others
1.3 Oil & Gas Well Drilling Machinery Segment by Application
1.3.1 Global Oil & Gas Well Drilling Machinery Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Offshore Drilling
1.3.3 Onshore Drilling
1.4 Global Market Growth Prospects
1.4.1 Global Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Oil & Gas Well Drilling Machinery Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Oil & Gas Well Drilling Machinery Production Estimates and Forecasts (2019-2030)
1.4.4 Global Oil & Gas Well Drilling Machinery Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Oil & Gas Well Drilling Machinery Production Market Share by Manufacturers (2019-2024)
2.2 Global Oil & Gas Well Drilling Machinery Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Oil & Gas Well Drilling Machinery, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Oil & Gas Well Drilling Machinery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Oil & Gas Well Drilling Machinery Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Oil & Gas Well Drilling Machinery, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Oil & Gas Well Drilling Machinery, Product Offered and Application
2.8 Global Key Manufacturers of Oil & Gas Well Drilling Machinery, Date of Enter into This Industry
2.9 Oil & Gas Well Drilling Machinery Market Competitive Situation and Trends
2.9.1 Oil & Gas Well Drilling Machinery Market Concentration Rate
2.9.2 Global 5 and 10 Largest Oil & Gas Well Drilling Machinery Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Oil & Gas Well Drilling Machinery Production by Region
3.1 Global Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Oil & Gas Well Drilling Machinery Production Value by Region (2019-2030)
3.2.1 Global Oil & Gas Well Drilling Machinery Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Oil & Gas Well Drilling Machinery by Region (2025-2030)
3.3 Global Oil & Gas Well Drilling Machinery Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Oil & Gas Well Drilling Machinery Production by Region (2019-2030)
3.4.1 Global Oil & Gas Well Drilling Machinery Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Oil & Gas Well Drilling Machinery by Region (2025-2030)
3.5 Global Oil & Gas Well Drilling Machinery Market Price Analysis by Region (2019-2024)
3.6 Global Oil & Gas Well Drilling Machinery Production and Value, Year-over-Year Growth
3.6.1 North America Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Oil & Gas Well Drilling Machinery Production Value Estimates and Forecasts (2019-2030)
4 Oil & Gas Well Drilling Machinery Consumption by Region
4.1 Global Oil & Gas Well Drilling Machinery Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Oil & Gas Well Drilling Machinery Consumption by Region (2019-2030)
4.2.1 Global Oil & Gas Well Drilling Machinery Consumption by Region (2019-2024)
4.2.2 Global Oil & Gas Well Drilling Machinery Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Oil & Gas Well Drilling Machinery Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Oil & Gas Well Drilling Machinery Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Oil & Gas Well Drilling Machinery Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Oil & Gas Well Drilling Machinery Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Oil & Gas Well Drilling Machinery Production by Type (2019-2030)
5.1.1 Global Oil & Gas Well Drilling Machinery Production by Type (2019-2024)
5.1.2 Global Oil & Gas Well Drilling Machinery Production by Type (2025-2030)
5.1.3 Global Oil & Gas Well Drilling Machinery Production Market Share by Type (2019-2030)
5.2 Global Oil & Gas Well Drilling Machinery Production Value by Type (2019-2030)
5.2.1 Global Oil & Gas Well Drilling Machinery Production Value by Type (2019-2024)
5.2.2 Global Oil & Gas Well Drilling Machinery Production Value by Type (2025-2030)
5.2.3 Global Oil & Gas Well Drilling Machinery Production Value Market Share by Type (2019-2030)
5.3 Global Oil & Gas Well Drilling Machinery Price by Type (2019-2030)
6 Segment by Application
6.1 Global Oil & Gas Well Drilling Machinery Production by Application (2019-2030)
6.1.1 Global Oil & Gas Well Drilling Machinery Production by Application (2019-2024)
6.1.2 Global Oil & Gas Well Drilling Machinery Production by Application (2025-2030)
6.1.3 Global Oil & Gas Well Drilling Machinery Production Market Share by Application (2019-2030)
6.2 Global Oil & Gas Well Drilling Machinery Production Value by Application (2019-2030)
6.2.1 Global Oil & Gas Well Drilling Machinery Production Value by Application (2019-2024)
6.2.2 Global Oil & Gas Well Drilling Machinery Production Value by Application (2025-2030)
6.2.3 Global Oil & Gas Well Drilling Machinery Production Value Market Share by Application (2019-2030)
6.3 Global Oil & Gas Well Drilling Machinery Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schlumberger
7.1.1 Schlumberger Oil & Gas Well Drilling Machinery Corporation Information
7.1.2 Schlumberger Oil & Gas Well Drilling Machinery Product Portfolio
7.1.3 Schlumberger Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schlumberger Main Business and Markets Served
7.1.5 Schlumberger Recent Developments/Updates
7.2 National-Oilwell Varco
7.2.1 National-Oilwell Varco Oil & Gas Well Drilling Machinery Corporation Information
7.2.2 National-Oilwell Varco Oil & Gas Well Drilling Machinery Product Portfolio
7.2.3 National-Oilwell Varco Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.2.4 National-Oilwell Varco Main Business and Markets Served
7.2.5 National-Oilwell Varco Recent Developments/Updates
7.3 CNPC Equipment
7.3.1 CNPC Equipment Oil & Gas Well Drilling Machinery Corporation Information
7.3.2 CNPC Equipment Oil & Gas Well Drilling Machinery Product Portfolio
7.3.3 CNPC Equipment Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.3.4 CNPC Equipment Main Business and Markets Served
7.3.5 CNPC Equipment Recent Developments/Updates
7.4 Sinopec Oilfield Equipment
7.4.1 Sinopec Oilfield Equipment Oil & Gas Well Drilling Machinery Corporation Information
7.4.2 Sinopec Oilfield Equipment Oil & Gas Well Drilling Machinery Product Portfolio
7.4.3 Sinopec Oilfield Equipment Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Sinopec Oilfield Equipment Main Business and Markets Served
7.4.5 Sinopec Oilfield Equipment Recent Developments/Updates
7.5 Honghua Group
7.5.1 Honghua Group Oil & Gas Well Drilling Machinery Corporation Information
7.5.2 Honghua Group Oil & Gas Well Drilling Machinery Product Portfolio
7.5.3 Honghua Group Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Honghua Group Main Business and Markets Served
7.5.5 Honghua Group Recent Developments/Updates
7.6 Keppel
7.6.1 Keppel Oil & Gas Well Drilling Machinery Corporation Information
7.6.2 Keppel Oil & Gas Well Drilling Machinery Product Portfolio
7.6.3 Keppel Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Keppel Main Business and Markets Served
7.6.5 Keppel Recent Developments/Updates
7.7 Hyundai Heavy Industries (HHI)
7.7.1 Hyundai Heavy Industries (HHI) Oil & Gas Well Drilling Machinery Corporation Information
7.7.2 Hyundai Heavy Industries (HHI) Oil & Gas Well Drilling Machinery Product Portfolio
7.7.3 Hyundai Heavy Industries (HHI) Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hyundai Heavy Industries (HHI) Main Business and Markets Served
7.7.5 Hyundai Heavy Industries (HHI) Recent Developments/Updates
7.8 Huisman Equipment
7.8.1 Huisman Equipment Oil & Gas Well Drilling Machinery Corporation Information
7.8.2 Huisman Equipment Oil & Gas Well Drilling Machinery Product Portfolio
7.8.3 Huisman Equipment Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Huisman Equipment Main Business and Markets Served
7.7.5 Huisman Equipment Recent Developments/Updates
7.9 Bentec GmbH
7.9.1 Bentec GmbH Oil & Gas Well Drilling Machinery Corporation Information
7.9.2 Bentec GmbH Oil & Gas Well Drilling Machinery Product Portfolio
7.9.3 Bentec GmbH Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Bentec GmbH Main Business and Markets Served
7.9.5 Bentec GmbH Recent Developments/Updates
7.10 ZPEC
7.10.1 ZPEC Oil & Gas Well Drilling Machinery Corporation Information
7.10.2 ZPEC Oil & Gas Well Drilling Machinery Product Portfolio
7.10.3 ZPEC Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.10.4 ZPEC Main Business and Markets Served
7.10.5 ZPEC Recent Developments/Updates
7.11 Sembcorp Marine
7.11.1 Sembcorp Marine Oil & Gas Well Drilling Machinery Corporation Information
7.11.2 Sembcorp Marine Oil & Gas Well Drilling Machinery Product Portfolio
7.11.3 Sembcorp Marine Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Sembcorp Marine Main Business and Markets Served
7.11.5 Sembcorp Marine Recent Developments/Updates
7.12 TSC Group Holdings
7.12.1 TSC Group Holdings Oil & Gas Well Drilling Machinery Corporation Information
7.12.2 TSC Group Holdings Oil & Gas Well Drilling Machinery Product Portfolio
7.12.3 TSC Group Holdings Oil & Gas Well Drilling Machinery Production, Value, Price and Gross Margin (2019-2024)
7.12.4 TSC Group Holdings Main Business and Markets Served
7.12.5 TSC Group Holdings Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Oil & Gas Well Drilling Machinery Industry Chain Analysis
8.2 Oil & Gas Well Drilling Machinery Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Oil & Gas Well Drilling Machinery Production Mode & Process
8.4 Oil & Gas Well Drilling Machinery Sales and Marketing
8.4.1 Oil & Gas Well Drilling Machinery Sales Channels
8.4.2 Oil & Gas Well Drilling Machinery Distributors
8.5 Oil & Gas Well Drilling Machinery Customers
9 Oil & Gas Well Drilling Machinery Market Dynamics
9.1 Oil & Gas Well Drilling Machinery Industry Trends
9.2 Oil & Gas Well Drilling Machinery Market Drivers
9.3 Oil & Gas Well Drilling Machinery Market Challenges
9.4 Oil & Gas Well Drilling Machinery Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
Table 1. Global Oil & Gas Well Drilling Machinery Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Oil & Gas Well Drilling Machinery Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Oil & Gas Well Drilling Machinery Production Capacity (Units) by Manufacturers in 2023
Table 4. Global Oil & Gas Well Drilling Machinery Production by Manufacturers (2019-2024) & (Units)
Table 5. Global Oil & Gas Well Drilling Machinery Production Market Share by Manufacturers (2019-2024)
Table 6. Global Oil & Gas Well Drilling Machinery Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Oil & Gas Well Drilling Machinery Production Value Share by Manufacturers (2019-2024)
Table 8. Global Oil & Gas Well Drilling Machinery Industry Ranking 2022 VS 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Oil & Gas Well Drilling Machinery as of 2023)
Table 10. Global Market Oil & Gas Well Drilling Machinery Average Price by Manufacturers (K US$/Unit) & (2019-2024)
Table 11. Manufacturers Oil & Gas Well Drilling Machinery Production Sites and Area Served
Table 12. Manufacturers Oil & Gas Well Drilling Machinery Product Types
Table 13. Global Oil & Gas Well Drilling Machinery Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Oil & Gas Well Drilling Machinery Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Oil & Gas Well Drilling Machinery Production Value Market Share by Region (2019-2024)
Table 18. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Oil & Gas Well Drilling Machinery Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Oil & Gas Well Drilling Machinery Production Comparison by Region: 2019 VS 2023 VS 2030 (Units)
Table 21. Global Oil & Gas Well Drilling Machinery Production (Units) by Region (2019-2024)
Table 22. Global Oil & Gas Well Drilling Machinery Production Market Share by Region (2019-2024)
Table 23. Global Oil & Gas Well Drilling Machinery Production (Units) Forecast by Region (2025-2030)
Table 24. Global Oil & Gas Well Drilling Machinery Production Market Share Forecast by Region (2025-2030)
Table 25. Global Oil & Gas Well Drilling Machinery Market Average Price (K US$/Unit) by Region (2019-2024)
Table 26. Global Oil & Gas Well Drilling Machinery Market Average Price (K US$/Unit) by Region (2025-2030)
Table 27. Global Oil & Gas Well Drilling Machinery Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Units)
Table 28. Global Oil & Gas Well Drilling Machinery Consumption by Region (2019-2024) & (Units)
Table 29. Global Oil & Gas Well Drilling Machinery Consumption Market Share by Region (2019-2024)
Table 30. Global Oil & Gas Well Drilling Machinery Forecasted Consumption by Region (2025-2030) & (Units)
Table 31. Global Oil & Gas Well Drilling Machinery Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 33. North America Oil & Gas Well Drilling Machinery Consumption by Country (2019-2024) & (Units)
Table 34. North America Oil & Gas Well Drilling Machinery Consumption by Country (2025-2030) & (Units)
Table 35. Europe Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 36. Europe Oil & Gas Well Drilling Machinery Consumption by Country (2019-2024) & (Units)
Table 37. Europe Oil & Gas Well Drilling Machinery Consumption by Country (2025-2030) & (Units)
Table 38. Asia Pacific Oil & Gas Well Drilling Machinery Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (Units)
Table 39. Asia Pacific Oil & Gas Well Drilling Machinery Consumption by Region (2019-2024) & (Units)
Table 40. Asia Pacific Oil & Gas Well Drilling Machinery Consumption by Region (2025-2030) & (Units)
Table 41. Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (Units)
Table 42. Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption by Country (2019-2024) & (Units)
Table 43. Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption by Country (2025-2030) & (Units)
Table 44. Global Oil & Gas Well Drilling Machinery Production (Units) by Type (2019-2024)
Table 45. Global Oil & Gas Well Drilling Machinery Production (Units) by Type (2025-2030)
Table 46. Global Oil & Gas Well Drilling Machinery Production Market Share by Type (2019-2024)
Table 47. Global Oil & Gas Well Drilling Machinery Production Market Share by Type (2025-2030)
Table 48. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Oil & Gas Well Drilling Machinery Production Value Share by Type (2019-2024)
Table 51. Global Oil & Gas Well Drilling Machinery Production Value Share by Type (2025-2030)
Table 52. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Type (2019-2024)
Table 53. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Type (2025-2030)
Table 54. Global Oil & Gas Well Drilling Machinery Production (Units) by Application (2019-2024)
Table 55. Global Oil & Gas Well Drilling Machinery Production (Units) by Application (2025-2030)
Table 56. Global Oil & Gas Well Drilling Machinery Production Market Share by Application (2019-2024)
Table 57. Global Oil & Gas Well Drilling Machinery Production Market Share by Application (2025-2030)
Table 58. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Oil & Gas Well Drilling Machinery Production Value Share by Application (2019-2024)
Table 61. Global Oil & Gas Well Drilling Machinery Production Value Share by Application (2025-2030)
Table 62. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Application (2019-2024)
Table 63. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Application (2025-2030)
Table 64. Schlumberger Oil & Gas Well Drilling Machinery Corporation Information
Table 65. Schlumberger Specification and Application
Table 66. Schlumberger Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 67. Schlumberger Main Business and Markets Served
Table 68. Schlumberger Recent Developments/Updates
Table 69. National-Oilwell Varco Oil & Gas Well Drilling Machinery Corporation Information
Table 70. National-Oilwell Varco Specification and Application
Table 71. National-Oilwell Varco Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 72. National-Oilwell Varco Main Business and Markets Served
Table 73. National-Oilwell Varco Recent Developments/Updates
Table 74. CNPC Equipment Oil & Gas Well Drilling Machinery Corporation Information
Table 75. CNPC Equipment Specification and Application
Table 76. CNPC Equipment Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 77. CNPC Equipment Main Business and Markets Served
Table 78. CNPC Equipment Recent Developments/Updates
Table 79. Sinopec Oilfield Equipment Oil & Gas Well Drilling Machinery Corporation Information
Table 80. Sinopec Oilfield Equipment Specification and Application
Table 81. Sinopec Oilfield Equipment Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 82. Sinopec Oilfield Equipment Main Business and Markets Served
Table 83. Sinopec Oilfield Equipment Recent Developments/Updates
Table 84. Honghua Group Oil & Gas Well Drilling Machinery Corporation Information
Table 85. Honghua Group Specification and Application
Table 86. Honghua Group Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 87. Honghua Group Main Business and Markets Served
Table 88. Honghua Group Recent Developments/Updates
Table 89. Keppel Oil & Gas Well Drilling Machinery Corporation Information
Table 90. Keppel Specification and Application
Table 91. Keppel Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 92. Keppel Main Business and Markets Served
Table 93. Keppel Recent Developments/Updates
Table 94. Hyundai Heavy Industries (HHI) Oil & Gas Well Drilling Machinery Corporation Information
Table 95. Hyundai Heavy Industries (HHI) Specification and Application
Table 96. Hyundai Heavy Industries (HHI) Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 97. Hyundai Heavy Industries (HHI) Main Business and Markets Served
Table 98. Hyundai Heavy Industries (HHI) Recent Developments/Updates
Table 99. Huisman Equipment Oil & Gas Well Drilling Machinery Corporation Information
Table 100. Huisman Equipment Specification and Application
Table 101. Huisman Equipment Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 102. Huisman Equipment Main Business and Markets Served
Table 103. Huisman Equipment Recent Developments/Updates
Table 104. Bentec GmbH Oil & Gas Well Drilling Machinery Corporation Information
Table 105. Bentec GmbH Specification and Application
Table 106. Bentec GmbH Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 107. Bentec GmbH Main Business and Markets Served
Table 108. Bentec GmbH Recent Developments/Updates
Table 109. ZPEC Oil & Gas Well Drilling Machinery Corporation Information
Table 110. ZPEC Specification and Application
Table 111. ZPEC Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 112. ZPEC Main Business and Markets Served
Table 113. ZPEC Recent Developments/Updates
Table 114. Sembcorp Marine Oil & Gas Well Drilling Machinery Corporation Information
Table 115. Sembcorp Marine Specification and Application
Table 116. Sembcorp Marine Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 117. Sembcorp Marine Main Business and Markets Served
Table 118. Sembcorp Marine Recent Developments/Updates
Table 119. TSC Group Holdings Oil & Gas Well Drilling Machinery Corporation Information
Table 120. TSC Group Holdings Specification and Application
Table 121. TSC Group Holdings Oil & Gas Well Drilling Machinery Production (Units), Value (US$ Million), Price (K US$/Unit) and Gross Margin (2019-2024)
Table 122. TSC Group Holdings Main Business and Markets Served
Table 123. TSC Group Holdings Recent Developments/Updates
Table 124. Key Raw Materials Lists
Table 125. Raw Materials Key Suppliers Lists
Table 126. Oil & Gas Well Drilling Machinery Distributors List
Table 127. Oil & Gas Well Drilling Machinery Customers List
Table 128. Oil & Gas Well Drilling Machinery Market Trends
Table 129. Oil & Gas Well Drilling Machinery Market Drivers
Table 130. Oil & Gas Well Drilling Machinery Market Challenges
Table 131. Oil & Gas Well Drilling Machinery Market Restraints
Table 132. Research Programs/Design for This Report
Table 133. Key Data Information from Secondary Sources
Table 134. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Oil & Gas Well Drilling Machinery
Figure 2. Global Oil & Gas Well Drilling Machinery Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Oil & Gas Well Drilling Machinery Market Share by Type: 2023 VS 2030
Figure 4. Drilling Rigs Product Picture
Figure 5. Rig Accessories Product Picture
Figure 6. Cementing Equipment Product Picture
Figure 7. Workover Equipment Product Picture
Figure 8. Others Product Picture
Figure 9. Global Oil & Gas Well Drilling Machinery Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 10. Global Oil & Gas Well Drilling Machinery Market Share by Application: 2023 VS 2030
Figure 11. Offshore Drilling
Figure 12. Onshore Drilling
Figure 13. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global Oil & Gas Well Drilling Machinery Production Value (US$ Million) & (2019-2030)
Figure 15. Global Oil & Gas Well Drilling Machinery Production (Units) & (2019-2030)
Figure 16. Global Oil & Gas Well Drilling Machinery Average Price (K US$/Unit) & (2019-2030)
Figure 17. Oil & Gas Well Drilling Machinery Report Years Considered
Figure 18. Oil & Gas Well Drilling Machinery Production Share by Manufacturers in 2023
Figure 19. Oil & Gas Well Drilling Machinery Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 20. The Global 5 and 10 Largest Players: Market Share by Oil & Gas Well Drilling Machinery Revenue in 2023
Figure 21. Global Oil & Gas Well Drilling Machinery Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 22. Global Oil & Gas Well Drilling Machinery Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 23. Global Oil & Gas Well Drilling Machinery Production Comparison by Region: 2019 VS 2023 VS 2030 (Units)
Figure 24. Global Oil & Gas Well Drilling Machinery Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 25. North America Oil & Gas Well Drilling Machinery Production Value (US$ Million) Growth Rate (2019-2030)
Figure 26. Europe Oil & Gas Well Drilling Machinery Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. China Oil & Gas Well Drilling Machinery Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. Japan Oil & Gas Well Drilling Machinery Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. Global Oil & Gas Well Drilling Machinery Consumption by Region: 2019 VS 2023 VS 2030 (Units)
Figure 30. Global Oil & Gas Well Drilling Machinery Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 31. North America Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 32. North America Oil & Gas Well Drilling Machinery Consumption Market Share by Country (2019-2030)
Figure 33. Canada Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 34. U.S. Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 35. Europe Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 36. Europe Oil & Gas Well Drilling Machinery Consumption Market Share by Country (2019-2030)
Figure 37. Germany Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 38. France Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 39. U.K. Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 40. Italy Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 41. Russia Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 42. Asia Pacific Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 43. Asia Pacific Oil & Gas Well Drilling Machinery Consumption Market Share by Regions (2019-2030)
Figure 44. China Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 45. Japan Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 46. South Korea Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 47. China Taiwan Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 48. Southeast Asia Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 49. India Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 50. Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 51. Latin America, Middle East & Africa Oil & Gas Well Drilling Machinery Consumption Market Share by Country (2019-2030)
Figure 52. Mexico Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 53. Brazil Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 54. Turkey Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 55. GCC Countries Oil & Gas Well Drilling Machinery Consumption and Growth Rate (2019-2024) & (Units)
Figure 56. Global Production Market Share of Oil & Gas Well Drilling Machinery by Type (2019-2030)
Figure 57. Global Production Value Market Share of Oil & Gas Well Drilling Machinery by Type (2019-2030)
Figure 58. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Type (2019-2030)
Figure 59. Global Production Market Share of Oil & Gas Well Drilling Machinery by Application (2019-2030)
Figure 60. Global Production Value Market Share of Oil & Gas Well Drilling Machinery by Application (2019-2030)
Figure 61. Global Oil & Gas Well Drilling Machinery Price (K US$/Unit) by Application (2019-2030)
Figure 62. Oil & Gas Well Drilling Machinery Value Chain
Figure 63. Oil & Gas Well Drilling Machinery Production Process
Figure 64. Channels of Distribution (Direct Vs Distribution)
Figure 65. Distributors Profiles
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data TriangulationDescription
Drilling is a process whereby a hole is bored using a drill bit to create a well for oil and natural gas production. There are various kinds of oil wells with different functions: Exploration wells (or wildcat wells) are drilled for exploration purposes in new areas. Oil & Gas Well Drilling Machinery can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
The global Oil & Gas Well Drilling Machinery market was valued at US$ 2185.1 million in 2023 and is anticipated to reach US$ 3162 million by 2030, witnessing a CAGR of 5.5% during the forecast period 2024-2030.
North American market for Oil & Gas Well Drilling Machinery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Oil & Gas Well Drilling Machinery is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Oil & Gas Well Drilling Machinery include Schlumberger, National-Oilwell Varco, CNPC Equipment, Sinopec Oilfield Equipment, Honghua Group, Keppel, Hyundai Heavy Industries (HHI), Huisman Equipment and Bentec GmbH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Oil & Gas Well Drilling Machinery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil & Gas Well Drilling Machinery.
Report Scope
The Oil & Gas Well Drilling Machinery market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Oil & Gas Well Drilling Machinery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Oil & Gas Well Drilling Machinery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Oil & Gas Well Drilling Machinery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Oil & Gas Well Drilling Machinery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Oil & Gas Well Drilling Machinery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Related Reports
Drilling is a process whereby a hole is bored using a drill bit to create a well for oil and natural gas production. There are various kinds of oil wells with different functions: Exploration wells (or wildcat wells) are drilled for exploration purposes in new areas. Oil & Gas Well Drilling Machinery can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
Published: 2024-01-16
Pages: 119
USD 3950.00
(Single User License)
Drilling is a process whereby a hole is bored using a drill bit to create a well for oil and natural gas production. There are various kinds of oil wells with different functions: Exploration wells (or wildcat wells) are drilled for exploration purposes in new areas. Oil & Gas Well Drilling Machinery can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
Published: 2024-04-15
Pages: 114
USD 4900.00
(Single User License)
The global market for Oil & Gas Well Drilling Machinery was valued at US$ 2407 million in the year 2024 and is projected to reach a revised size of US$ 3483 million by 2031, growing at a CAGR of 5.5% during the forecast period.
Published: 2025-06-04
Pages: 111
USD 2900.00
(Single User License)
The global market for Oil & Gas Well Drilling Machinery was estimated to be worth US$ 2407 million in 2024 and is forecast to a readjusted size of US$ 3483 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
Published: 2025-02-25
Pages: 112
USD 3950.00
(Single User License)
The global Oil & Gas Well Drilling Machinery market is projected to grow from US$ 2526 million in 2025 to US$ 3483 million by 2031, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period.
Published: 2025-06-04
Pages: 171
USD 4900.00
(Single User License)
The global Oil & Gas Well Drilling Machinery market size was US$ 2407 million in 2024 and is forecast to a readjusted size of US$ 3483 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
Published: 2025-09-06
Pages: 101
USD 4250.00
(Single User License)
The global market for Oil & Gas Well Drilling Machinery was estimated to be worth US$ 2407 million in 2024 and is forecast to a readjusted size of US$ 3483 million by 2031 with a CAGR of 5.5% during the forecast period 2025-2031.
Published: 2025-06-04
Pages: 141
USD 3950.00
(Single User License)
The global Oil & Gas Well Drilling Machinery market is projected to grow from US$ 2407 million in 2024 to US$ 3483 million by 2031, at a CAGR of 5.5% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-30
Pages: 172
USD 4900.00
(Single User License)
USD 2900.00
USD 4350.00
USD 5800.00
Add to Cart
Buy Now
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database