Global Surface Drilling Rig Market Report 2024

Surface Drilling Rig Global Market Report 2024 – By Type (Rotary Drills, Boom Drills), By Commodity (Limestone, Granite, Infrastructure, Gold, Copper, Coal, Iron Ore, Bauxite, Other Commodities), By Application (Mining, Quarrying, Construction, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Surface Drilling Rig Global Market Report 2024

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Surface Drilling Rig Market Definition

Surface drilling rig refers to a piece of heavy equipment used in mining, construction, quarrying, and exploration activities to drill holes in the earth's surface. These rigs are outfitted with advanced technology to operate in tough environments, assuring precision, efficiency, and operator comfort during drilling operations.

The main types of surface drilling rigs are rotary drills and boom drills. Rotary drills refer to drilling equipment that employs rotational motion to bore through surfaces efficiently, making them indispensable in surface drilling rigs for tasks such as exploration and construction. The various commodities involved are limestone, granite, infrastructure, gold, copper, coal, iron ore, bauxite, and other commodities, with several applications included, such as mining, quarrying, construction, and others.

Surface Drilling Rig Market Segmentation

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

1) By Type: Rotary Drills, Boom Drills

2) By Commodity: Limestone, Granite, Infrastructure, Gold, Copper, Coal, Iron Ore, Bauxite, Other Commodities

3) By Application: Mining, Quarrying, Construction, Other Applications

Global Surface Drilling Rig Market Size 2023 to 2028: Graph

Surface Drilling Rig Market Size 2024 And Growth Rate

The surface drilling rig market size has grown strongly in recent years. It will grow from $2.31 billion in 2023 to $2.49 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to economic conditions, regulatory environment, geopolitical factors, market demand, industry consolidation.

Surface Drilling Rig Market Growth Forecast

The surface drilling rig market size is expected to see strong growth in the next few years. It will grow to $3.17 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to energy transition policies, environmental regulations, market expansion in developing regions, operational efficiency improvements, demand for mineral resources. Major trends in the forecast period include sustainable practices and environmental responsibility, integration of digitalization and automation, increased utilization of alternative energy sources, enhanced safety features and protocols, expansion into emerging markets and geographies.

Surface Drilling Rig Market Driver: Rising Demand For Oil And Gas Fuels Growth In The Surface Drilling Rig Market

The increasing demand for oil and gas is expected to propel the growth of the surface drilling rig market going forward. Oil and gas refer to naturally occurring hydrocarbon compounds found beneath the Earth's surface, which are main sources of energy for various industrial, commercial, and residential applications worldwide. The oil and gas sector is experiencing growth due to increasing demand for transportation, electricity generation, heating, and industrial processes. Surface drilling rigs are used to drill wells to access underground hydrocarbon reserves and are also used for exploration, production, and maintenance operations within the oil and gas sector. For instance, in June 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, oil demand is projected to reach 105.7 million barrels per day (mb/d) by 2028 across the globe, showing a cumulative increase of 6% from 2022. Therefore, the increasing demand for oil and gas is driving the growth of the surface drilling rig market.

Global Surface Drilling Rig Market Major Players

Major companies operating in the surface drilling rig market are China National Petroleum Corporation, Caterpillar Inc., Schlumberger Limited, Komatsu Ltd., Atlas Copco AB, Sandvik AB, Epiroc AB, Weatherford International plc, Nabors Industries Ltd., Furukawa Co. Ltd., Boart Longyear Group Ltd., Vermeer Corporation, Sunward Intelligent Equipment Co. Ltd., HAWE Hydraulik SE, Herrenknecht AG, Drillmec Inc., Barkom Group Inc., Revathi Equipment Limited, Mobile Drill Operating Company LLC, Sinocoredrill Group Co. Ltd., Arctic Drilling Company Ltd., Terramac LLC, Gill Rock Drill Co. Inc., Bohrmeister, Soilmec S.P.A.

Global Surface Drilling Rig Market Trend: Battery-Electric Surface Drilling Rigs Transforming The Surface Drilling Rigs Market

Major companies operating in the surface drilling rig market are developing new products, such as battery-electric surface drilling rigs, to gain a competitive edge in the market. A battery-electric surface drilling rig is a type of drilling equipment used in surface mining and quarrying operations that operates primarily on electrical power sourced from batteries. For instance, in October 2022, Epiroc AB, a Sweden-based infrastructure and mining equipment manufacturer company, launched the SmartROC T35 E battery-electric surface drill rig, offering enhanced flexibility and environmental benefits for surface mines and quarries worldwide. The rig features dual-power capability, allowing operators to choose between battery and electric cable options, optimizing drilling for different locations while enabling quick transportation between sites. Furthermore, the SmartROC T35 E, which is outfitted with the same dependable batteries and sub-components as Epiroc's subterranean battery solutions, simplifies spare parts handling and repair, which is especially useful for customers with various operations.

Surface Drilling Rig Market Merger And Acquisition: Epiroc Strengthens Surface Mining Position With Schramm Inc. Purchase

In July 2023, Epiroc AB, a Sweden-based mining company acquired the assets of Schramm Inc. for an undisclosed amount. The acquisition strengthens Epiroc's position in the surface mining industry by expanding its product offerings, enhancing its global infrastructure, and incorporating the reverse circulation drilling technology of Schramm into its portfolio. Schramm Inc. is a US-based oilfield machinery manufacturing company that manufactures rotary drilling rigs, top-head drive drill rigs, and automated pipe handling systems.

Regional Insights For The Global Surface Drilling Rig Market

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

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

The surface drilling rig market consists of sales of drill rigs, drill bits, drill pipes, downhole tools, telemetry systems, and safety equipment. 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 surface drilling rig market research report is one of a series of new reports from The Business Research Company that provides surface drilling rig market statistics, including surface drilling rig industry global market size, regional shares, competitors with surface drilling rig market share, detailed surface drilling rig market segments, market trends, and opportunities, and any further data you may need to thrive in the surface drilling rig industry. This surface 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.

Surface Drilling Rig Market Report Forecast and Analysis
Report AttributeDetails
Market Size Value In 2024 $2.49 billion
Revenue Forecast In 2033 $3.17 billion
Growth Rate CAGR of 6.3% 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: Rotary Drills, Boom Drills
2) By Commodity: Limestone, Granite, Infrastructure, Gold, Copper, Coal, Iron Ore, Bauxite, Other Commodities
3) By Application: Mining, Quarrying, Construction, 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 China National Petroleum Corporation; Caterpillar Inc.; Schlumberger Limited; Komatsu Ltd.; Atlas Copco AB; Sandvik AB; Epiroc AB; Weatherford International plc; Nabors Industries Ltd.; Furukawa Co. Ltd.; Boart Longyear Group Ltd.; Vermeer Corporation; Sunward Intelligent Equipment Co. Ltd.; HAWE Hydraulik SE; Herrenknecht AG; Drillmec Inc.; Barkom Group Inc.; Revathi Equipment Limited; Mobile Drill Operating Company LLC; Sinocoredrill Group Co. Ltd.; Arctic Drilling Company Ltd.; Terramac LLC; Gill Rock Drill Co. Inc.; Bohrmeister; Soilmec S.P.A.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Surface Drilling Rig Market Characteristics

    3. Surface Drilling Rig Market Trends And Strategies

    4. Surface 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 Surface Drilling Rig Market Size and Growth

    5.1. Global Surface Drilling Rig Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

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

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

    6. Surface Drilling Rig Market Segmentation

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

    Rotary Drills

    Boom Drills

    6.2. Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Limestone

    Granite

    Infrastructure

    Gold

    Copper

    Coal

    Iron Ore

    Bauxite

    Other Commodities

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

    Mining

    Quarrying

    Construction

    Other Applications

    7. Surface Drilling Rig Market Regional And Country Analysis

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

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

    8. Asia-Pacific Surface Drilling Rig Market

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

    8.3. Asia-Pacific Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    9. China Surface Drilling Rig Market

    9.1. China Surface Drilling Rig Market Overview

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

    9.3. China Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

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

    10. India Surface Drilling Rig Market

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

    10.2. India Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    11. Japan Surface Drilling Rig Market

    11.1. Japan Surface Drilling Rig Market Overview

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

    11.3. Japan Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    12. Australia Surface Drilling Rig Market

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

    12.2. Australia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    13. Indonesia Surface Drilling Rig Market

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

    13.2. Indonesia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    14. South Korea Surface Drilling Rig Market

    14.1. South Korea Surface Drilling Rig Market Overview

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

    14.3. South Korea Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    15. Western Europe Surface Drilling Rig Market

    15.1. Western Europe Surface Drilling Rig Market Overview

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

    15.3. Western Europe Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    16. UK Surface Drilling Rig Market

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

    16.2. UK Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    17. Germany Surface Drilling Rig Market

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

    17.2. Germany Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    18. France Surface Drilling Rig Market

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

    18.2. France Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    19. Italy Surface Drilling Rig Market

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

    19.2. Italy Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    20. Spain Surface Drilling Rig Market

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

    20.2. Spain Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    21. Eastern Europe Surface Drilling Rig Market

    21.1. Eastern Europe Surface Drilling Rig Market Overview

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

    21.3. Eastern Europe Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    22. Russia Surface Drilling Rig Market

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

    22.2. Russia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    23. North America Surface Drilling Rig Market

    23.1. North America Surface Drilling Rig Market Overview

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

    23.3. North America Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    24. USA Surface Drilling Rig Market

    24.1. USA Surface Drilling Rig Market Overview

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

    24.3. USA Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    25. Canada Surface Drilling Rig Market

    25.1. Canada Surface Drilling Rig Market Overview

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

    25.3. Canada Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    26. South America Surface Drilling Rig Market

    26.1. South America Surface Drilling Rig Market Overview

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

    26.3. South America Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    27. Brazil Surface Drilling Rig Market

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

    27.2. Brazil Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    28. Middle East Surface Drilling Rig Market

    28.1. Middle East Surface Drilling Rig Market Overview

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

    28.3. Middle East Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    29. Africa Surface Drilling Rig Market

    29.1. Africa Surface Drilling Rig Market Overview

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

    29.3. Africa Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    30. Surface Drilling Rig Market Competitive Landscape And Company Profiles

    30.1. Surface Drilling Rig Market Competitive Landscape

    30.2. Surface Drilling Rig Market Company Profiles

    30.2.1. China National Petroleum Corporation

    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. Caterpillar Inc.

    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. Schlumberger Limited

    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. Komatsu Ltd.

    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. Atlas Copco AB

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Surface Drilling Rig Market Other Major And Innovative Companies

    31.1. Sandvik AB

    31.2. Epiroc AB

    31.3. Weatherford International plc

    31.4. Nabors Industries Ltd.

    31.5. Furukawa Co. Ltd.

    31.6. Boart Longyear Group Ltd.

    31.7. Vermeer Corporation

    31.8. Sunward Intelligent Equipment Co. Ltd.

    31.9. HAWE Hydraulik SE

    31.10. Herrenknecht AG

    31.11. Drillmec Inc.

    31.12. Barkom Group Inc.

    31.13. Revathi Equipment Limited

    31.14. Mobile Drill Operating Company LLC

    31.15. Sinocoredrill Group Co. Ltd.

    32. Global Surface Drilling Rig Market Competitive Benchmarking

    33. Global Surface Drilling Rig Market Competitive Dashboard

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

    35. Surface Drilling Rig Market Future Outlook and Potential Analysis

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

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

    35.3 Surface 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 Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Surface Drilling Rig Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Surface Drilling Rig Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: China National Petroleum Corporation Financial Performance
  • Table 75: Caterpillar Inc. Financial Performance
  • Table 76: Schlumberger Limited Financial Performance
  • Table 77: Komatsu Ltd. Financial Performance
  • Table 78: Atlas Copco AB 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 Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Surface Drilling Rig Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Surface Drilling Rig Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: China National Petroleum Corporation Financial Performance
  • Figure 75: Caterpillar Inc. Financial Performance
  • Figure 76: Schlumberger Limited Financial Performance
  • Figure 77: Komatsu Ltd. Financial Performance
  • Figure 78: Atlas Copco AB Financial Performance
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Frequently Asked Questions

What is the definition of the surface drilling rig market?

Surface drilling rig refers to a piece of heavy equipment used in mining, construction, quarrying, and exploration activities to drill holes in the earth's surface. These rigs are outfitted with advanced technology to operate in tough environments, assuring precision, efficiency, and operator comfort during drilling operations. For further insights on the surface drilling rig market, request a sample here

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

The surface drilling rig market major growth driver - Rising Demand For Oil And Gas Fuels Growth In The Surface Drilling Rig Market. For further insights on the surface drilling rig market, request a sample here

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

The surface drilling rig market size has grown strongly in recent years. It will grow from $2.31 billion in 2023 to $2.49 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to economic conditions, regulatory environment, geopolitical factors, market demand, industry consolidation. The surface drilling rig market size is expected to see strong growth in the next few years. It will grow to $3.17 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to energy transition policies, environmental regulations, market expansion in developing regions, operational efficiency improvements, demand for mineral resources. Major trends in the forecast period include sustainable practices and environmental responsibility, integration of digitalization and automation, increased utilization of alternative energy sources, enhanced safety features and protocols, expansion into emerging markets and geographies. For further insights on the surface drilling rig market, request a sample here

How is the surface drilling rig market segmented?

The surface drilling rig market is segmented
1) By Type: Rotary Drills, Boom Drills
2) By Commodity: Limestone, Granite, Infrastructure, Gold, Copper, Coal, Iron Ore, Bauxite, Other Commodities
3) By Application: Mining, Quarrying, Construction, Other ApplicationsFor further insights on the surface drilling rig market,
request a sample here

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

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

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

Major companies operating in the surface drilling rig market are China National Petroleum Corporation, Caterpillar Inc., Schlumberger Limited, Komatsu Ltd., Atlas Copco AB, Sandvik AB, Epiroc AB, Weatherford International plc, Nabors Industries Ltd., Furukawa Co. Ltd., Boart Longyear Group Ltd., Vermeer Corporation, Sunward Intelligent Equipment Co. Ltd., HAWE Hydraulik SE, Herrenknecht AG, Drillmec Inc., Barkom Group Inc., Revathi Equipment Limited, Mobile Drill Operating Company LLC, Sinocoredrill Group Co. Ltd., Arctic Drilling Company Ltd., Terramac LLC, Gill Rock Drill Co. Inc., Bohrmeister, Soilmec S.P.A. For further insights on the surface drilling rig market, request a sample here.

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

Major trend in the surface drilling rig market - Battery-Electric Surface Drilling Rigs Transforming The Surface Drilling Rigs Market. For further insights on the surface drilling rig market, request a sample here.

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

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

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

For detailed insights on surface 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 surface drilling rig industry?

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

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

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