Report overview
The global Alternating Current Drilling Rig market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.
Onshore Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Alternating Current Drilling Rig include NOV, Drillmec, Nabors Industries, Precision Drilling, Loadmaster Universal Rigs, Care Industries, Dragon Products, Hyduke and Bentec, etc. in 2023, the global top five players have a share approximately % in terms of revenue.
It means that the electric current that powers the rig frequently reverses direction which gives more control and accuracy than direct current (DC) or mechanical drives.
This report aims to provide a comprehensive presentation of the global market for Alternating Current Drilling Rig, 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 Alternating Current Drilling Rig. This report contains market size and forecasts of Alternating Current Drilling Rig in global, including the following market information:
Global Alternating Current Drilling Rig Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global Alternating Current Drilling Rig Market Sales, 2019-2024, 2025-2030, (Units)
Global top five Alternating Current Drilling Rig companies in 2023 (%)
We surveyed the Alternating Current Drilling Rig manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alternating Current Drilling Rig Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Alternating Current Drilling Rig Market Segment Percentages, by Type, 2023 (%)
Onshore
Offshore
Global Alternating Current Drilling Rig Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Alternating Current Drilling Rig Market Segment Percentages, by Application, 2023 (%)
Oil and Gas
Geothermal
Mining
Global Alternating Current Drilling Rig Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (Units)
Global Alternating Current Drilling Rig Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alternating Current Drilling Rig revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Alternating Current Drilling Rig revenues share in global market, 2023 (%)
Key companies Alternating Current Drilling Rig sales in global market, 2019-2024 (Estimated), (Units)
Key companies Alternating Current Drilling Rig sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
NOV
Drillmec
Nabors Industries
Precision Drilling
Loadmaster Universal Rigs
Care Industries
Dragon Products
Hyduke
Bentec
Unit Drilling Company
Baoji Oilfield Machinery
Lanzhou LS Group
Sichuan Honghua Petroleum Equipment
RG Petro-Machinery Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alternating Current Drilling Rig, market overview.
Chapter 2: Global Alternating Current Drilling Rig market size in revenue and volume.
Chapter 3: Detailed analysis of Alternating Current Drilling Rig manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Alternating Current Drilling Rig 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Alternating Current Drilling Rig capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
