Report overview
The global Oil Drilling Equipment Derrick 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.
Offshore Oil Derricks Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Oil Drilling Equipment Derrick include Beijing KMC RIGS Co., Ltd., Bharat Heavy Electronics Ltd. (BHEL), Cameron - A Schlumberger Company, Derrick Services Limited, DRILLMEC Inc., Kosun (Kazakhstan) Services Co., Ltd., Lee C. Moore, National Oilwell Varco and Oil States Industries, Inc., etc. in 2023, the global top five players have a share approximately % in terms of revenue.
Oil derricks are load-bearing structures used to support and position a drill string over an oil well. They are considered permanent structures and are typically used in offshore drilling applications. Most derricks take the form of a tall tower which extends above drilling operations. A crown block, the stationary section of a block and tackle, sits on top of the derricks connecting the load of the drill string to the support structure.
This report aims to provide a comprehensive presentation of the global market for Oil Drilling Equipment Derrick, 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 Drilling Equipment Derrick. This report contains market size and forecasts of Oil Drilling Equipment Derrick in global, including the following market information:
Global Oil Drilling Equipment Derrick Market Revenue, 2020-2024, 2025-2030, ($ millions)
Global Oil Drilling Equipment Derrick Market Sales, 2020-2024, 2025-2030, (Unit)
Global top five Oil Drilling Equipment Derrick companies in 2023 (%)
We surveyed the Oil Drilling Equipment Derrick 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 Oil Drilling Equipment Derrick Market, by Type, 2020-2024, 2025-2030 ($ Millions) & (Unit)
Global Oil Drilling Equipment Derrick Market Segment Percentages, by Type, 2023 (%)
Offshore Oil Derricks
Onshore Oil Derricks
Global Oil Drilling Equipment Derrick Market, by Application, 2020-2024, 2025-2030 ($ Millions) & (Unit)
Global Oil Drilling Equipment Derrick Market Segment Percentages, by Application, 2023 (%)
Oil Prospecting
Oil And Gas Development
Global Oil Drilling Equipment Derrick Market, By Region and Country, 2020-2024, 2025-2030 ($ Millions) & (Unit)
Global Oil Drilling Equipment Derrick 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 Oil Drilling Equipment Derrick revenues in global market, 2020-2024 (Estimated), ($ millions)
Key companies Oil Drilling Equipment Derrick revenues share in global market, 2023 (%)
Key companies Oil Drilling Equipment Derrick sales in global market, 2020-2024 (Estimated), (Unit)
Key companies Oil Drilling Equipment Derrick sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Beijing KMC RIGS Co., Ltd.
Bharat Heavy Electronics Ltd. (BHEL)
Cameron - A Schlumberger Company
Derrick Services Limited
DRILLMEC Inc.
Kosun (Kazakhstan) Services Co., Ltd.
Lee C. Moore
National Oilwell Varco
Oil States Industries, Inc.
RigQuip International
Sovonex Technology Co., Ltd.
Superior Derrick Services, LLC
Trevi Finanziaria Industriale S.p.A.
Veristic Technologies, Inc.
Outline of Major Chapters:
Chapter 1: Introduces the definition of Oil Drilling Equipment Derrick, market overview.
Chapter 2: Global Oil Drilling Equipment Derrick market size in revenue and volume.
Chapter 3: Detailed analysis of Oil Drilling Equipment Derrick 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 Oil Drilling Equipment Derrick 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 Oil Drilling Equipment Derrick 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.
