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Global Oil Drilling Automation Market Set to Hit $4.895 Billion by 2030


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Global Oil Drilling Automation Market to Reach $4.9B by 2030

From US$3.206 billion in 2025 to US$4.895 billion by 2030, the oil drilling automation market is expected to expand at a compound annual growth rate (CAGR) of 8.67%.

Oil drilling automation refers to the automation of downhole operations and operational sub-processes required for oil drilling. In other words, it refers to combining downhole and surface measurements with the use of predictive models, updated equipment, and systems to increase operational efficiency at a reasonable cost.

One of the key factors influencing the market's growth over the next five years is the growing emphasis on developing new oil resources with lower risks and improved safety and efficiency. The expansion of the oil drilling automation market is also being supported during the projected period by the upgrading of the current infrastructure in the oil fields and the increasing use of automation methods across several industrial verticals.

The oil drilling automation market is divided into onshore and offshore segments based on application. In bodies of water, offshore drilling is a more costly and sensitive procedure. Therefore, automation of the process is necessary to increase efficiency and safety. Conversely, onshore drilling is done on land, which makes it simpler and less expensive.

Geographically, throughout the projection period, the Asia-Pacific region is also anticipated to have encouraging expansion. The APAC region's oil drilling market is expected to increase over the course of the forecast period due to the existence of the fastest-growing economies in the world, including China and India, as well as rising investments in these nations' oil exploration industries.


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