Rotary Drilling Rig Global Market Report 2024

Global Rotary Drilling Rig Market Report 2024

Rotary Drilling Rig Global Market Report 2024 – By Type (Crawler Rotary Drilling Rigs, Rubber-Tired Rotary Drilling Rigs), By Location Of Deployment (Onshore, Offshore), By Application (Oil and Gas, Mining, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Rotary Drilling Rig Global Market Report 2024

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Rotary Drilling Rig Global Market Report 2024

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Rotary Drilling Rig Market Definition

A rotary drilling rig refers to a specialized piece of equipment used in the oil and gas industry, as well as in other sectors such as construction and mining, for drilling boreholes or wells into the Earth's subsurface. These rigs use high amounts of torque and rotation, making them rapid and efficient while providing high-integrity outcomes.

The main types of rotary drilling rigs are crawler rotary drilling rigs and rubber-tired rotary drilling rigs. Crawler rotary drilling rigs are heavy-duty drilling machines equipped with tracks, designed for mobility across rugged terrain and challenging environments. They can be deployed in various locations, including onshore and offshore, for several locations, such as oil and gas, mining, and others.

Rotary Drilling Rig Market Segmentation

The rotary drilling rig market covered in this report is segmented –

1) By Type: Crawler Rotary Drilling Rigs, Rubber-Tired Rotary Drilling Rigs

2) By Location Of Deployment: Onshore, Offshore

3) By Application: Oil and Gas, Mining, Other Applications

Global Rotary Drilling Rig Market Size 2023 to 2028: Graph

Rotary Drilling Rig Market Size 2024 And Growth Rate

The rotary drilling rig market size has grown strongly in recent years. It will grow from $3.39 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to oil prices, regulatory environment, geopolitical factors, engineering innovations, and infrastructure projects.

Rotary Drilling Rig Market Growth Forecast

The rotary drilling rig market size is expected to see steady growth in the next few years. It will grow to $4.17 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to global energy demand, renewable energy infrastructure, digitalization and automation, offshore exploration, infrastructure development. Major trends in the forecast period include increasing adoption of automated solutions, rise in demand for environmentally friendly technologies, growing focus on data analytics and predictive maintenance, expansion of offshore drilling activities, emergence of integrated drilling solutions.

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Rotary Drilling Rig Market Driver: Increasing Global Energy Demand Fuels Growth In The Rotary Drilling Rig Market

The rising global energy demand is expected to propel the growth of the rotary drilling rig market going forward. Energy refers to the power required to operate various processes, machinery, and equipment involved in manufacturing, production, and other industrial activities. Energy demand is on the rise due to several factors, such as the growth of energy-intensive industries, including mining, agriculture, and heavy manufacturing, and a global trend towards electrification. Rotary drilling rigs are extensively used in the energy sector to explore and produce oil and natural gas. These rigs bore deep into the Earth's subsurface to access underground reservoirs, facilitating the extraction of hydrocarbons essential for powering various aspects of modern society. For instance, in April 2023, according to the Energy Information Administration, a US-based government agency, energy usage in the US industrial sector was projected to rise by 5% to 32% between 2022 and 2050. Therefore, the rising global energy demand is driving the growth of the rotary drilling rig market.

Global Rotary Drilling Rig Market Major Players

Major companies operating in the rotary drilling rig market are Caterpillar Inc., Komatsu Ltd., Liebherr Group, Atlas Copco, SANY Group Co. Ltd., Sandvik AB, Hitachi Construction Machinery Co. Ltd., Zoomlion Heavy Industry Science & Technology Co. Ltd., Doosan Bobcat, Bauer AG, Vermeer Manufacturing, The Charles Machine Works, TESMEC S.p.A., RIVARD SAS, Schramm Inc., MARAIS SA, STREICHER Drilling Technology GmbH, Simex Srl, Dando Drilling International Ltd., Auger Torque Europe, Inter-Drain Sales BV, Beijing Sinovo International, ATTEC International, Mastenbroek Limited, Tecnologia Dinamica en Implementos

Global Rotary Drilling Rig Market Trend: Single Seal Rotary Drill Bit Is Reshaping The Rotary Drilling Rig Market

Major companies operating in the rotary drilling rig market are developing advanced products, such as the Sandvik RR340 single seal roller bearing rotary drill, to gain a competitive edge in the market. The Sandvik RR340 single seal roller bearing rotary drill is a specialized drilling tool used in rotary drilling operations, featuring a design that incorporates a single seal, typically a roller-bearing seal, to maintain lubrication and prevent debris ingress. This design enhances drilling efficiency and longevity by reducing friction and heat generation, leading to longer service life and improved reliability compared to standard air-bearing bits. For instance, in April 2023, Sandvik AB, a Sweden-based mining company, launched the Sandvik RR340 single seal roller bearing rotary drill bit, designed to enhance drilling performance and longevity. With its premium single seal roller bearing technology and optional PowerCarbide inserts, this new drill bit offers customers a 45% longer service life compared to standard air-bearing bits, leading to lower total drilling costs. The RR340 ensures longer bearing hours and increased dependability by having a low-friction bearing and an abrasion-resistant radial seal, which reduces wear and heat generation during drilling operations. Sandvik's rotary bit lineup is completed with the RR340, which offers superior performance and efficiency for a broad range of drilling applications. It is available in diameters ranging from 6¾' to 12¼'.

Rotary Drilling Rig Market Merger And Acquisition: Consolidated Equipment Group Expands Portfolio With Acquisition Of PRO-DIG LLC

In October 2023, Consolidated Equipment Group LLC, a US-based industrial machinery manufacturing company acquired PRO-DIG LLC for an undisclosed amount. The acquisition expands Consolidated Equipment Group's portfolio by including foundation drilling equipment and tooling, thereby strengthening its position as a provider of high-quality attachments and implements across multiple industries. PRO-DIG LLC is a US-based industrial machinery manufacturing company that manufactures drilling and piling equipment, including rotary drill rigs.

Regional Insights For The Global Rotary Drilling Rig Market

North America was the largest region in the rotary drilling rig market in 2023. Middle-East and Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the rotary drilling rig market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the rotary drilling rig market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The rotary drilling rig market consists of sales of drill bits, drill pipe, mud systems, hosting equipment, blowout preventers and down hole tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The rotary drilling rig market research report is one of a series of new reports from The Business Research Company that provides rotary drilling rig market statistics, including rotary drilling rig industry global market size, regional shares, competitors with rotary drilling rig market share, detailed rotary drilling rig market segments, market trends, and opportunities, and any further data you may need to thrive in the rotary drilling rig industry. This rotary drilling rig market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Rotary Drilling Rig Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$3.56 billion
Revenue Forecast In 2033	$4.17 billion
Growth Rate	CAGR of 4.0% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Crawler Rotary Drilling Rigs, Rubber-Tired Rotary Drilling Rigs 2) By Location Of Deployment: Onshore, Offshore 3) By Application: Oil and Gas, Mining, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Caterpillar Inc.; Komatsu Ltd; Liebherr Group; Atlas Copco; SANY Group Co. Ltd; Sandvik AB; Hitachi Construction Machinery Co. Ltd.; Zoomlion Heavy Industry Science & Technology Co. Ltd; Doosan Bobcat; Bauer AG; Vermeer Manufacturing; The Charles Machine Works; TESMEC S.p.A.; RIVARD SAS; Schramm Inc.; MARAIS SA; STREICHER Drilling Technology GmbH; Simex Srl; Dando Drilling International Ltd.; Auger Torque Europe; Inter-Drain Sales BV; Beijing Sinovo International; ATTEC International; Mastenbroek Limited; Tecnologia Dinamica en Implementos
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Rotary Drilling Rig Market Characteristics

3. Rotary Drilling Rig Market Trends And Strategies

4. Rotary Drilling Rig Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Rotary Drilling Rig Market Size and Growth

5.1. Global Rotary Drilling Rig Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Rotary Drilling Rig Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Rotary Drilling Rig Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Rotary Drilling Rig Market Segmentation

6.1. Global Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Crawler Rotary Drilling Rigs

Rubber-Tired Rotary Drilling Rigs

6.2. Global Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Onshore

Offshore

6.3. Global Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Oil and Gas

Mining

Other Applications

7. Rotary Drilling Rig Market Regional And Country Analysis

7.1. Global Rotary Drilling Rig Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Rotary Drilling Rig Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Rotary Drilling Rig Market

8.1. Asia-Pacific Rotary Drilling Rig Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Rotary Drilling Rig Market

9.1. China Rotary Drilling Rig Market Overview

9.2. China Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Rotary Drilling Rig Market

10.1. India Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Rotary Drilling Rig Market

11.1. Japan Rotary Drilling Rig Market Overview

11.2. Japan Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Rotary Drilling Rig Market

12.1. Australia Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Rotary Drilling Rig Market

13.1. Indonesia Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Rotary Drilling Rig Market

14.1. South Korea Rotary Drilling Rig Market Overview

14.2. South Korea Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Rotary Drilling Rig Market

15.1. Western Europe Rotary Drilling Rig Market Overview

15.2. Western Europe Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Rotary Drilling Rig Market

16.1. UK Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Rotary Drilling Rig Market

17.1. Germany Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Rotary Drilling Rig Market

18.1. France Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Rotary Drilling Rig Market

19.1. Italy Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Rotary Drilling Rig Market

20.1. Spain Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Rotary Drilling Rig Market

21.1. Eastern Europe Rotary Drilling Rig Market Overview

21.2. Eastern Europe Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Rotary Drilling Rig Market

22.1. Russia Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Rotary Drilling Rig Market

23.1. North America Rotary Drilling Rig Market Overview

23.2. North America Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Rotary Drilling Rig Market

24.1. USA Rotary Drilling Rig Market Overview

24.2. USA Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Rotary Drilling Rig Market

25.1. Canada Rotary Drilling Rig Market Overview

25.2. Canada Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Rotary Drilling Rig Market

26.1. South America Rotary Drilling Rig Market Overview

26.2. South America Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Rotary Drilling Rig Market

27.1. Brazil Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Rotary Drilling Rig Market

28.1. Middle East Rotary Drilling Rig Market Overview

28.2. Middle East Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Rotary Drilling Rig Market

29.1. Africa Rotary Drilling Rig Market Overview

29.2. Africa Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Rotary Drilling Rig Market Competitive Landscape And Company Profiles

30.1. Rotary Drilling Rig Market Competitive Landscape

30.2. Rotary Drilling Rig Market Company Profiles

30.2.1. Caterpillar Inc.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Komatsu Ltd

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Liebherr Group

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Atlas Copco

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. SANY Group Co. Ltd

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Rotary Drilling Rig Market Other Major And Innovative Companies

31.1. Sandvik AB

31.2. Hitachi Construction Machinery Co. Ltd.

31.3. Zoomlion Heavy Industry Science & Technology Co. Ltd

31.4. Doosan Bobcat

31.5. Bauer AG

31.6. Vermeer Manufacturing

31.7. The Charles Machine Works

31.8. TESMEC S.p.A.

31.9. RIVARD SAS

31.10. Schramm Inc.

31.11. MARAIS SA

31.12. STREICHER Drilling Technology GmbH

31.13. Simex Srl

31.14. Dando Drilling International Ltd.

31.15. Auger Torque Europe

32. Global Rotary Drilling Rig Market Competitive Benchmarking

33. Global Rotary Drilling Rig Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Rotary Drilling Rig Market

35. Rotary Drilling Rig Market Future Outlook and Potential Analysis

35.1 Rotary Drilling Rig Market In 2028 - Countries Offering Most New Opportunities

35.2 Rotary Drilling Rig Market In 2028 - Segments Offering Most New Opportunities

35.3 Rotary Drilling Rig Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Rotary Drilling Rig Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Rotary Drilling Rig Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Caterpillar Inc. Financial Performance

Table 75: Komatsu Ltd Financial Performance

Table 76: Liebherr Group Financial Performance

Table 77: Atlas Copco Financial Performance

Table 78: SANY Group Co. Ltd Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Rotary Drilling Rig Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Rotary Drilling Rig Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Rotary Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Rotary Drilling Rig Market, Segmentation By Location of Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Rotary Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Caterpillar Inc. Financial Performance

Figure 75: Komatsu Ltd Financial Performance

Figure 76: Liebherr Group Financial Performance

Figure 77: Atlas Copco Financial Performance

Figure 78: SANY Group Co. Ltd Financial Performance

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Frequently Asked Questions

What is the definition of the rotary drilling rig market?

How will the rotary drilling rig market drivers and restraints affect the rotary drilling rig market dynamics? What forces will shape the rotary drilling rig industry going forward?

The rotary drilling rig market major growth driver - Increasing Global Energy Demand Fuels Growth In The Rotary Drilling Rig Market. For further insights on the rotary drilling rig market, request a sample here

What is the forecast market size or the forecast market value of the rotary drilling rig market?

The rotary drilling rig market size has grown strongly in recent years. It will grow from $3.39 billion in 2023 to $3.56 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to oil prices, regulatory environment, geopolitical factors, engineering innovations, and infrastructure projects. The rotary drilling rig market size is expected to see steady growth in the next few years. It will grow to $4.17 billion in 2028 at a compound annual growth rate (CAGR) of 4.0%. The growth in the forecast period can be attributed to global energy demand, renewable energy infrastructure, digitalization and automation, offshore exploration, infrastructure development. Major trends in the forecast period include increasing adoption of automated solutions, rise in demand for environmentally friendly technologies, growing focus on data analytics and predictive maintenance, expansion of offshore drilling activities, emergence of integrated drilling solutions. For further insights on the rotary drilling rig market, request a sample here

How is the rotary drilling rig market segmented?

The rotary drilling rig market is segmented
1) By Type: Crawler Rotary Drilling Rigs, Rubber-Tired Rotary Drilling Rigs
2) By Location Of Deployment: Onshore, Offshore
3) By Application: Oil and Gas, Mining, Other ApplicationsFor further insights on the rotary drilling rig market, request a sample here

Which region has the largest share of the rotary drilling rig market? What are the other regions covered in the report?

North America was the largest region in the rotary drilling rig market in 2023. Middle-East and Africa is expected to be the fastest-growing region in the forecast period. The regions covered in the rotary drilling rig market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the rotary drilling rig market, request a sample here.

Who are the major players in the rotary drilling rig market?

What are the key trends in the rotary drilling rig market?

Major trend in the rotary drilling rig market - Single Seal Rotary Drill Bit Is Reshaping The Rotary Drilling Rig Market. For further insights on the rotary drilling rig market, request a sample here.

What are the major opportunities in the rotary drilling rig market? What are the strategies for the rotary drilling rig market?

For detailed insights on the major opportunities and strategies in the rotary drilling rig market, request a sample here.

How does the rotary drilling rig market relate to the overall economy and other similar markets?

For detailed insights on rotary drilling rig market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the rotary drilling rig industry?

For detailed insights on the mergers and acquisitions in the rotary drilling rig industry, request a sample here.

What are the key dynamics influencing the rotary drilling rig market growth? SWOT analysis of the rotary drilling rig market.

For detailed insights on the key dynamics influencing the rotary drilling rig market growth and SWOT analysis of the rotary drilling rig industry, request a sample here.