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Global Kelly Drives Market Research Report 2025
Synopsis
A kelly drive refers to a type of well drilling device on an oil or gas drilling rig that employs a section of pipe with a polygonal (three-, four-, six-, or eight-sided) or splined outer surface, which passes through the matching polygonal or splined kelly (mating) bushing and rotary table.
The global Kelly Drives market was valued at US$ 1694 million in 2023 and is anticipated to reach US$ 2177.5 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
Globally, surge in oil exploration activities has boosted demand for drill rod drives in drilling rigs and the drilling industry. The exploration boom has tripled in the past five years, except during the pandemic. Due to the global oil reserve exploration boom, several oil companies are entering the drilling rig industry. As petroleum products continue to expand, major oil extraction companies are entering into contracts with drilling equipment manufacturers to lease and sell drilling equipment. Oil exploration companies and equipment companies collaborate to provide offshore support services that increase production. Factors such as oil exploration activities are likely to boost the kelly drives market in the near future.
This report aims to provide a comprehensive presentation of the global market for Kelly Drives, 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 Kelly Drives.
Report Scope
The Kelly Drives market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Kelly Drives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Kelly Drives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NOV Inc
NERUM ENERGY LLC
RM Holding BV
Schlumberger Ltd.
Vallourec SA
Jereh Global Development LLC
BAUER Maschinen GmbH
Liebherr
SANY Group
Segment by Type
Square drill pipe
Hexagonal Kelly
Others
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Kelly Drives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Kelly Drives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Kelly Drives 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
A kelly drive refers to a type of well drilling device on an oil or gas drilling rig that employs a section of pipe with a polygonal (three-, four-, six-, or eight-sided) or splined outer surface, which passes through the matching polygonal or splined kelly (mating) bushing and rotary table.
The global Kelly Drives market was valued at US$ 1694 million in 2023 and is anticipated to reach US$ 2177.5 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
Globally, surge in oil exploration activities has boosted demand for drill rod drives in drilling rigs and the drilling industry. The exploration boom has tripled in the past five years, except during the pandemic. Due to the global oil reserve exploration boom, several oil companies are entering the drilling rig industry. As petroleum products continue to expand, major oil extraction companies are entering into contracts with drilling equipment manufacturers to lease and sell drilling equipment. Oil exploration companies and equipment companies collaborate to provide offshore support services that increase production. Factors such as oil exploration activities are likely to boost the kelly drives market in the near future.
This report aims to provide a comprehensive presentation of the global market for Kelly Drives, 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 Kelly Drives.
Report Scope
The Kelly Drives market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Kelly Drives market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Kelly Drives manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NOV Inc
NERUM ENERGY LLC
RM Holding BV
Schlumberger Ltd.
Vallourec SA
Jereh Global Development LLC
BAUER Maschinen GmbH
Liebherr
SANY Group
Segment by Type
Square drill pipe
Hexagonal Kelly
Others
Segment by Application
Onshore
Offshore
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Kelly Drives manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Kelly Drives by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Kelly Drives 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Kelly Drives Market Overview
1.1 Product Definition
1.2 Kelly Drives Segment by Type
1.2.1 Global Kelly Drives Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Square drill pipe
1.2.3 Hexagonal Kelly
1.2.4 Others
1.3 Kelly Drives Segment by Application
1.3.1 Global Kelly Drives Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore
1.3.3 Offshore
1.4 Global Market Growth Prospects
1.4.1 Global Kelly Drives Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Kelly Drives Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Kelly Drives Production Estimates and Forecasts (2019-2030)
1.4.4 Global Kelly Drives Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Kelly Drives Production Market Share by Manufacturers (2019-2024)
2.2 Global Kelly Drives Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Kelly Drives, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Kelly Drives Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Kelly Drives Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Kelly Drives, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Kelly Drives, Product Offered and Application
2.8 Global Key Manufacturers of Kelly Drives, Date of Enter into This Industry
2.9 Kelly Drives Market Competitive Situation and Trends
2.9.1 Kelly Drives Market Concentration Rate
2.9.2 Global 5 and 10 Largest Kelly Drives Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Kelly Drives Production by Region
3.1 Global Kelly Drives Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Kelly Drives Production Value by Region (2019-2030)
3.2.1 Global Kelly Drives Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Kelly Drives by Region (2025-2030)
3.3 Global Kelly Drives Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Kelly Drives Production by Region (2019-2030)
3.4.1 Global Kelly Drives Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Kelly Drives by Region (2025-2030)
3.5 Global Kelly Drives Market Price Analysis by Region (2019-2024)
3.6 Global Kelly Drives Production and Value, Year-over-Year Growth
3.6.1 North America Kelly Drives Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Kelly Drives Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Kelly Drives Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Kelly Drives Production Value Estimates and Forecasts (2019-2030)
4 Kelly Drives Consumption by Region
4.1 Global Kelly Drives Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Kelly Drives Consumption by Region (2019-2030)
4.2.1 Global Kelly Drives Consumption by Region (2019-2024)
4.2.2 Global Kelly Drives Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Kelly Drives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Kelly Drives Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Kelly Drives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Kelly Drives Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Kelly Drives Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Kelly Drives Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Kelly Drives Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Kelly Drives Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Kelly Drives Production by Type (2019-2030)
5.1.1 Global Kelly Drives Production by Type (2019-2024)
5.1.2 Global Kelly Drives Production by Type (2025-2030)
5.1.3 Global Kelly Drives Production Market Share by Type (2019-2030)
5.2 Global Kelly Drives Production Value by Type (2019-2030)
5.2.1 Global Kelly Drives Production Value by Type (2019-2024)
5.2.2 Global Kelly Drives Production Value by Type (2025-2030)
5.2.3 Global Kelly Drives Production Value Market Share by Type (2019-2030)
5.3 Global Kelly Drives Price by Type (2019-2030)
6 Segment by Application
6.1 Global Kelly Drives Production by Application (2019-2030)
6.1.1 Global Kelly Drives Production by Application (2019-2024)
6.1.2 Global Kelly Drives Production by Application (2025-2030)
6.1.3 Global Kelly Drives Production Market Share by Application (2019-2030)
6.2 Global Kelly Drives Production Value by Application (2019-2030)
6.2.1 Global Kelly Drives Production Value by Application (2019-2024)
6.2.2 Global Kelly Drives Production Value by Application (2025-2030)
6.2.3 Global Kelly Drives Production Value Market Share by Application (2019-2030)
6.3 Global Kelly Drives Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NOV Inc
7.1.1 NOV Inc Kelly Drives Corporation Information
7.1.2 NOV Inc Kelly Drives Product Portfolio
7.1.3 NOV Inc Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NOV Inc Main Business and Markets Served
7.1.5 NOV Inc Recent Developments/Updates
7.2 NERUM ENERGY LLC
7.2.1 NERUM ENERGY LLC Kelly Drives Corporation Information
7.2.2 NERUM ENERGY LLC Kelly Drives Product Portfolio
7.2.3 NERUM ENERGY LLC Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.2.4 NERUM ENERGY LLC Main Business and Markets Served
7.2.5 NERUM ENERGY LLC Recent Developments/Updates
7.3 RM Holding BV
7.3.1 RM Holding BV Kelly Drives Corporation Information
7.3.2 RM Holding BV Kelly Drives Product Portfolio
7.3.3 RM Holding BV Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.3.4 RM Holding BV Main Business and Markets Served
7.3.5 RM Holding BV Recent Developments/Updates
7.4 Schlumberger Ltd.
7.4.1 Schlumberger Ltd. Kelly Drives Corporation Information
7.4.2 Schlumberger Ltd. Kelly Drives Product Portfolio
7.4.3 Schlumberger Ltd. Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Schlumberger Ltd. Main Business and Markets Served
7.4.5 Schlumberger Ltd. Recent Developments/Updates
7.5 Vallourec SA
7.5.1 Vallourec SA Kelly Drives Corporation Information
7.5.2 Vallourec SA Kelly Drives Product Portfolio
7.5.3 Vallourec SA Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Vallourec SA Main Business and Markets Served
7.5.5 Vallourec SA Recent Developments/Updates
7.6 Jereh Global Development LLC
7.6.1 Jereh Global Development LLC Kelly Drives Corporation Information
7.6.2 Jereh Global Development LLC Kelly Drives Product Portfolio
7.6.3 Jereh Global Development LLC Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jereh Global Development LLC Main Business and Markets Served
7.6.5 Jereh Global Development LLC Recent Developments/Updates
7.7 BAUER Maschinen GmbH
7.7.1 BAUER Maschinen GmbH Kelly Drives Corporation Information
7.7.2 BAUER Maschinen GmbH Kelly Drives Product Portfolio
7.7.3 BAUER Maschinen GmbH Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.7.4 BAUER Maschinen GmbH Main Business and Markets Served
7.7.5 BAUER Maschinen GmbH Recent Developments/Updates
7.8 Liebherr
7.8.1 Liebherr Kelly Drives Corporation Information
7.8.2 Liebherr Kelly Drives Product Portfolio
7.8.3 Liebherr Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Liebherr Main Business and Markets Served
7.7.5 Liebherr Recent Developments/Updates
7.9 SANY Group
7.9.1 SANY Group Kelly Drives Corporation Information
7.9.2 SANY Group Kelly Drives Product Portfolio
7.9.3 SANY Group Kelly Drives Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SANY Group Main Business and Markets Served
7.9.5 SANY Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Kelly Drives Industry Chain Analysis
8.2 Kelly Drives Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Kelly Drives Production Mode & Process
8.4 Kelly Drives Sales and Marketing
8.4.1 Kelly Drives Sales Channels
8.4.2 Kelly Drives Distributors
8.5 Kelly Drives Customers
9 Kelly Drives Market Dynamics
9.1 Kelly Drives Industry Trends
9.2 Kelly Drives Market Drivers
9.3 Kelly Drives Market Challenges
9.4 Kelly Drives Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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