Robotic Drilling Market Expected to Grow $923.2 Million by 2023
The global robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% during the forecast period. This market growth is driven by the increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher...
Robotic Drilling Market to Hit $923.2 Million by 2023
The global robotic
drilling market is expected to grow from an estimated $658 million in 2018
to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market
growth is driven by the increased drilling activities due to the development of
unconventional hydrocarbon resources and the adoption of automation and
robotics in oil and gas drilling, which results in higher efficiency drilling
and...