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Surface Drilling Rig Global Market Report 2025
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Global Surface Drilling Rig Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Surface Drilling Rig Global Market Report 2025

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) – Impact Of Tariff And Trade War On Market Size, Growth, Trends, And Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Surface Drilling Rig Market Overview

• Surface Drilling Rig market size has reached to $2.49 billion in 2024

• Expected to grow to $3.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%

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

• Market Trend: Battery-Electric Surface Drilling Rigs Transforming The Surface Drilling Rigs Market

• Europe was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under 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.

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 Size and growth rate 2025 to 2029: Graph

What Is The Surface Drilling Rig Market Size 2025 And Growth Rate?

The surface drilling rig market size has grown strongly in recent years. It will grow from $2.49 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to economic conditions, regulatory environment, geopolitical factors, market demand, industry consolidation.

What Is The 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 $3.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. 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.

The forecast of 5.5% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. Tariffs on surface drilling rigs may elevate initial investment costs in exploration and quarrying operations, delaying project launches. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Mining Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the mining sector, particularly in equipment procurement, export activity, and supply chain continuity. Higher duties on imported heavy machinery, drilling equipment, and specialized components have raised capital and operational costs for mining firms, delaying new project launches and limiting production efficiency. At the same time, retaliatory tariffs imposed by key trade partners have reduced export demand for U.S.-mined resources—especially critical minerals like lithium, copper, and rare earth elements—exacerbating revenue pressures. These dynamics are particularly challenging for mid-sized and specialty mining operators reliant on international markets. In response, the sector is increasingly investing in domestic equipment manufacturing partnerships, expanding recycling initiatives for strategic minerals, and advocating for trade exemptions to restore global competitiveness while ensuring long-term resource security.

How Is The Surface Drilling Rig Market 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

Subsegments:

1) By Rotary Drills: Horizontal Rotary Drills, Vertical Rotary Drills, Hydraulic Rotary Drills, Pneumatic Rotary Drills

2) By Boom Drills: Crawler Boom Drills, Wheel-mounted Boom Drills, Underground and Surface Mining Boom Drills, Pneumatic and Hydraulic Boom Drills

What Is Driving The Surface Drilling Rig Market? 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 industry.

Who Are The Major Players In The Global 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.

What Are The Key Trends Of The Global Surface Drilling Rig Market? 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.

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What Are Latest Mergers And Acquisitions In The Surface Drilling Rig Market? 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.

What Is The Regional Outlook For The Global Surface Drilling Rig Market?

Europe was the largest region in the surface drilling rig market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

What Defines the Surface Drilling Rig Market?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Surface Drilling Rig Industry?

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

Surface Drilling Rig Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $2.63 billion
Revenue Forecast In 2034 $3.25 billion
Growth Rate CAGR of 5.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
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 Subsegments: 1) By Rotary Drills: Horizontal Rotary Drills, Vertical Rotary Drills, Hydraulic Rotary Drills, Pneumatic Rotary Drills
2) By Boom Drills: Crawler Boom Drills, Wheel-mounted Boom Drills, Underground and Surface Mining Boom Drills, Pneumatic and Hydraulic Boom Drills
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 are 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.
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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 Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Surface Drilling Rig Growth Analysis And Strategic Analysis Framework

5.1. Global Surface Drilling Rig PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Surface Drilling Rig Market Growth Rate Analysis

5.4. Global Surface Drilling Rig Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Surface Drilling Rig Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Surface Drilling Rig Total Addressable Market (TAM)

6. Surface Drilling Rig Market Segmentation

6.1. Global Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Rotary Drills

Boom Drills

6.2. Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

Mining

Quarrying

Construction

Other Applications

6.4. Global Surface Drilling Rig Market, Sub-Segmentation Of Rotary Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Horizontal Rotary Drills

Vertical Rotary Drills

Hydraulic Rotary Drills

Pneumatic Rotary Drills

6.5. Global Surface Drilling Rig Market, Sub-Segmentation Of Boom Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Crawler Boom Drills

Wheel-mounted Boom Drills

Underground and Surface Mining Boom Drills

Pneumatic and Hydraulic Boom Drills

7. Surface Drilling Rig Market Regional And Country Analysis

7.1. Global Surface Drilling Rig Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Surface Drilling Rig Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Surface Drilling Rig Market

8.1. Asia-Pacific Surface Drilling Rig Market Overview

Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Surface Drilling Rig Market

10.1. India Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Surface Drilling Rig Market

12.1. Australia Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Surface Drilling Rig Market

13.1. Indonesia Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Surface Drilling Rig Market

16.1. UK Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Surface Drilling Rig Market

17.1. Germany Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Surface Drilling Rig Market

18.1. France Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Surface Drilling Rig Market

19.1. Italy Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Surface Drilling Rig Market

20.1. Spain Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Surface Drilling Rig Market

22.1. Russia Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Surface Drilling Rig Market

27.1. Brazil Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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 Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Schlumberger Limited Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Komatsu Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Atlas Copco AB Overview, Products and Services, Strategy and Financial Analysis

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 And Dashboard

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

34. Recent Developments In The Surface Drilling Rig Market

35. Surface Drilling Rig Market High Potential Countries, Segments and Strategies

35.1 Surface Drilling Rig Market In 2029 - Countries Offering Most New Opportunities

35.2 Surface Drilling Rig Market In 2029 - Segments Offering Most New Opportunities

35.3 Surface Drilling Rig Market In 2029 - 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, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Surface Drilling Rig Market, Sub-Segmentation Of Rotary Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Surface Drilling Rig Market, Sub-Segmentation Of Boom Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Surface Drilling Rig Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Surface Drilling Rig Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: China, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: India, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: Japan, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Australia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Indonesia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: South Korea, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: Western Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: UK, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: Germany, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: France, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: Italy, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Spain, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Eastern Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Russia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: North America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: USA, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: Canada, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: South America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: Brazil, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Middle East, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Africa, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: China National Petroleum Corporation Financial Performance
  • Table 77: Caterpillar Inc. Financial Performance
  • Table 78: Schlumberger Limited Financial Performance
  • Table 79: Komatsu Ltd. Financial Performance
  • Table 80: Atlas Copco AB Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Surface Drilling Rig Market, Sub-Segmentation Of Rotary Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Surface Drilling Rig Market, Sub-Segmentation Of Boom Drills, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Surface Drilling Rig Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Surface Drilling Rig Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: China, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: India, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: Japan, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Australia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Indonesia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: South Korea, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: Western Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: UK, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: Germany, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: France, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: Italy, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Spain, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Eastern Europe, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Russia, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: North America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: USA, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: Canada, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: South America, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: Brazil, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Middle East, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Africa, Surface Drilling Rig Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Surface Drilling Rig Market, Segmentation By Commodity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Surface Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: China National Petroleum Corporation Financial Performance
  • Figure 77: Caterpillar Inc. Financial Performance
  • Figure 78: Schlumberger Limited Financial Performance
  • Figure 79: Komatsu Ltd. Financial Performance
  • Figure 80: Atlas Copco AB Financial Performance

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Frequently Asked Questions

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 this market, request a sample here

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

The surface drilling rig market size has grown strongly in recent years. It will grow from $2.49 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. 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 $3.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. 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 this market, request a sample here

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 Subsegments:
1) By Rotary Drills: Horizontal Rotary Drills; Vertical Rotary Drills; Hydraulic Rotary Drills; Pneumatic Rotary Drills
2) By Boom Drills: Crawler Boom Drills; Wheel-mounted Boom Drills; Underground and Surface Mining Boom Drills; Pneumatic and Hydraulic Boom Drills For further insights on this market, request a sample here

Europe was the largest region in the surface drilling rig market in 2024. 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 this market, request a sample here.

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 this market, request a sample here.

Major trends in this market include Battery-Electric Surface Drilling Rigs Transforming The Surface Drilling Rigs Market. For further insights on this market, request a sample here.

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Global Surface Drilling Rig Market Report 2025

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