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Global Oilfield Rotary Table Market Size study & Forecast, by Type (500 Tons – 1,000 Tons, 1,000 Tons – 1,500 Tons) by Application (Onshore, Off-shore) and Regional Analysis, 2023-2030

May 2024 | 200 pages | ID: G6232CAD5D69EN
Bizwit Research & Consulting LLP

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Global Oilfield Rotary Table Market is valued approximately at USD XXX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2023-2030. An oilfield rotary table is a mechanical device used in drilling operations in the oil and gas industry. It is a large turntable that is mounted on the top of the drilling rig and is used to rotate the drill string, which is made up of drill pipes and a drill bit. The rotary table provides the required torque to rotate the drill string and turn the drill bit as it penetrates the earth's surface. The rotary table is powered by a motor which is usually located on the rig floor. The motor is connected to the rotary table by a series of gears and shafts which transmit the power from the motor to the table. The speed and direction of the rotary table can be controlled by the drilling crew using a control panel located on the rig floor. The key factor driving the market growth is introduction of rig fleet expansion programmed to support upstream growth plans by increasing the crude oil production capacity is expected to fuel the oilfield rotary table market. Also, increasing investment in the exploration and production of unconventional and conventional reserves, along with an increase in drilling rig demand as a result, will drive the market.

The rising oil and gas demand is one of the key factors driving Oilfield Rotary Table market growth. As the demand for oil and gas continues to increase, oil and gas companies are investing in exploration and production activities, which require the use of drilling rigs and rotary tables. According to the International Energy Agency, total oil demand across the globe was 91 million barrels per day in 2020, which climbed to 99.4 million barrels per day in 2022 and is expected to reach 104.1 million barrels per day by 2026. As a result, the rising oil and gas demand is projected to support the market growth. Additionally, growing technological advancement in oilfield rotary table is anticipated to create the lucrative market growth opportunity during the forecast period. However, the high cost associated with drilling activity is anticipated stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Oilfield Rotary Table Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 holding the largest market share owing to the rising investment and the growing number of exploration & production activities of oil & gas companies in the region. Asia Pacific is expected to grow at fastest growth rate during the forecast period, owing to factors such as rapid increase in the petrochemical, chemical, and manufacturing industries in China, South Korea, Japan, India, and South Korea that rely heavily on crude oil and gas. Further anticipated drivers of the market in the region include the stabilization of crude oil prices, a rise in disposable income, shifting demographics, and population growth.

Major market player included in this report are:
Pickett Oilfield
Shaanxi FYPE Rigid Machinery Co., Ltd.
National Oilwell Varco Inc.
Chengdu Zhonghang Machinery Co. Ltd.
CMIC Ocean En-Tech Holding Co. Ltd.
MHWirth AS
RM Holding BV
Schlumberger Ltd
Weatherford International
Bentec GmbH Drilling & Oilfield Systems

Recent Developments in the Market:
NA
Global Oilfield Rotary Table Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
500 Tons – 1,000 Tons
1,000 Tons – 1,500 Tons
By Application:
Onshore
Off-shore
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Oilfield Rotary Table Market, by region, 2020-2030 (USD Billion)
  1.2.2. Oilfield Rotary Table Market, by Type, 2020-2030 (USD Billion)
  1.2.3. Oilfield Rotary Table Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL OILFIELD ROTARY TABLE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL OILFIELD ROTARY TABLE MARKET DYNAMICS

3.1. Oilfield Rotary Table Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing investment in the exploration and production of unconventional and conventional reserves
    3.1.1.2. Growing oil and gas demand
  3.1.2. Market Challenges
    3.1.2.1. High cost associated with drilling activity
  3.1.3. Market Opportunities
    3.1.3.1. Growing technological advancement in oilfield rotary table

CHAPTER 4. GLOBAL OILFIELD ROTARY TABLE MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL OILFIELD ROTARY TABLE MARKET, BY TYPE

5.1. Market Snapshot
5.2. Global Oilfield Rotary Table Market by Type, Performance - Potential Analysis
5.3. Global Oilfield Rotary Table Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Oilfield Rotary Table Market, Sub Segment Analysis
  5.4.1. 500 Tons – 1,000 Tons
  5.4.2. 1,000 Tons – 1,500 Tons

CHAPTER 6. GLOBAL OILFIELD ROTARY TABLE MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Oilfield Rotary Table Market by Application, Performance - Potential Analysis
6.3. Global Oilfield Rotary Table Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Oilfield Rotary Table Market, Sub Segment Analysis
  6.4.1. Onshore
  6.4.2. Off-shore

CHAPTER 7. GLOBAL OILFIELD ROTARY TABLE MARKET, REGIONAL ANALYSIS

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Oilfield Rotary Table Market, Regional Market Snapshot
7.4. North America Oilfield Rotary Table Market
  7.4.1. U.S. Oilfield Rotary Table Market
    7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  7.4.2. Canada Oilfield Rotary Table Market
7.5. Europe Oilfield Rotary Table Market Snapshot
  7.5.1. U.K. Oilfield Rotary Table Market
  7.5.2. Germany Oilfield Rotary Table Market
  7.5.3. France Oilfield Rotary Table Market
  7.5.4. Spain Oilfield Rotary Table Market
  7.5.5. Italy Oilfield Rotary Table Market
  7.5.6. Rest of Europe Oilfield Rotary Table Market
7.6. Asia-Pacific Oilfield Rotary Table Market Snapshot
  7.6.1. China Oilfield Rotary Table Market
  7.6.2. India Oilfield Rotary Table Market
  7.6.3. Japan Oilfield Rotary Table Market
  7.6.4. Australia Oilfield Rotary Table Market
  7.6.5. South Korea Oilfield Rotary Table Market
  7.6.6. Rest of Asia Pacific Oilfield Rotary Table Market
7.7. Latin America Oilfield Rotary Table Market Snapshot
  7.7.1. Brazil Oilfield Rotary Table Market
  7.7.2. Mexico Oilfield Rotary Table Market
7.8. Middle East & Africa Oilfield Rotary Table Market
  7.8.1. Saudi Arabia Oilfield Rotary Table Market
  7.8.2. South Africa Oilfield Rotary Table Market
  7.8.3. Rest of Middle East & Africa Oilfield Rotary Table Market

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Pickett Oilfield
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Recent Developments
  8.3.2. Shaanxi FYPE Rigid Machinery Co., Ltd.
  8.3.3. National Oilwell Varco Inc.
  8.3.4. Chengdu Zhonghang Machinery Co. Ltd.
  8.3.5. CMIC Ocean En-Tech Holding Co. Ltd.
  8.3.6. MHWirth AS
  8.3.7. RM Holding BV
  8.3.8. Schlumberger Ltd
  8.3.9. Weatherford International
  8.3.10. Bentec GmbH Drilling & Oilfield Systems

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Oilfield Rotary Table Market, report scope
TABLE 2. Global Oilfield Rotary Table Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Oilfield Rotary Table Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Oilfield Rotary Table Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Oilfield Rotary Table Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Oilfield Rotary Table Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Oilfield Rotary Table Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Oilfield Rotary Table Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Oilfield Rotary Table Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Oilfield Rotary Table Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Oilfield Rotary Table Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Oilfield Rotary Table Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Oilfield Rotary Table Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Oilfield Rotary Table Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Oilfield Rotary Table Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Oilfield Rotary Table Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Oilfield Rotary Table Market
TABLE 70. List of primary sources, used in the study of global Oilfield Rotary Table Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Oilfield Rotary Table Market, research methodology
FIG 2. Global Oilfield Rotary Table Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Oilfield Rotary Table Market, key trends 2022
FIG 5. Global Oilfield Rotary Table Market, growth prospects 2023-2030
FIG 6. Global Oilfield Rotary Table Market, porters 5 force model
FIG 7. Global Oilfield Rotary Table Market, pest analysis
FIG 8. Global Oilfield Rotary Table Market, value chain analysis
FIG 9. Global Oilfield Rotary Table Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Oilfield Rotary Table Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Oilfield Rotary Table Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Oilfield Rotary Table Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Oilfield Rotary Table Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Oilfield Rotary Table Market, regional snapshot 2020 & 2030
FIG 15. North America Oilfield Rotary Table Market 2020 & 2030 (USD Billion)
FIG 16. Europe Oilfield Rotary Table Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Oilfield Rotary Table Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Oilfield Rotary Table Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Oilfield Rotary Table Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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