Market Updates Land Drilling Rigs Market Segmentation and Share | Page 2

Market could be explored by product type, drives mode, application, sector, and geography. Market could be explored
by product type as Mobile and Conventional. Based on drives mode, the market could span Electrical, Mechanical, and
Compound. The key applications that could be explored in the market include Construction and Building, Oil and Gas
industry and Metal and Mining Industry.
The “Oil and Gas industry” segment led the market in 2017 and will continue to lead in the forecast period. The land
drilling rigs market could be explored based on the sector as Conventional rigs and Mobile rigs. EMEA accounted for
the major share of the market in 2017 and will continue to lead in the forecast period. The factors that could be
attributed to the growth include increasing demand increased its drilling activity and has the highest number of active
rig in the region. EMEA is followed by the North American region owing to strong drilling activity in the region is
supported by technical development in hydraulic fracturing and low breakeven charges.
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Some of the key players that fuel the growth of the land drilling rigs market comprise Helmerich & Payne, Inc., Nabors
Industries Ltd., Ensign Energy Services Inc, Eurasia Drilling Company Limited, Patterson-UTI Energy, Inc., Precision
Drilling Corp., Saipem SpA, Schlumberger Limited, KCA Deutag, and Weatherford International Plc. The leading
companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic
growth of the industry.
Market Segment:
The following manufacturers are covered in this report:
• Archer
• Helmerich & Payne
• KCA Deutag
• Nabors Industries
• National Oilwell Varco
• Weatherford
Land Drilling Rigs Breakdown Data by Type
• Conventional rigs