Oilfield Rotary Table Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The oilfield rotary table market size is expected to grow at a CAGR of 6% during the period 2022-2028. A rotary table is a device, which is mounted on an oil and gas drilling rig. It is used to transfer the rotary motion to the Kelly drive system. Thereby rotating the drill string to facilitate the process of drilling an oil or gas well. The oilfield rotary table is a rotating section of the drilling rig that allows the drill string to be rotated clockwise to facilitate the drilling process of an oil and gas well. Drilling rigs have a rotary table as a backup or primary system for rotating the drill string.

 

Company Profile

• Chengdu Zhonghang Machinery
• CMIC Ocean En-Tech Holding
• MHWirth AS
• National Oilwell Varco
• RM Holding
• Schlumberger
• American Block

 

Market Segmentation

By Type:

• 500 Ton-1000 Ton
• 1000 Ton-1500 Ton

By Application:

• Onshore
• Offshore

 

 

Scope of the Report

The research study analyzes the Oilfield Rotary Table Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Oilfield Rotary Table Market Report

 

1. What was the Oilfield Rotary Table Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Oilfield Rotary Table Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Oilfield Rotary Table Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.