+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Drilling Rig Market - Global Forecast 2026-2032- Product Image
Drilling Rig Market - Global Forecast 2026-2032- Product Image
New

Drilling Rig Market - Global Forecast 2026-2032

  • PDF Icon

    Report

  • 194 Pages
  • January 2026
  • Region: Global
  • 360iResearch™
  • ID: 6082426
1h Free Analyst Time
Description Jump to:
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The drilling rig market is evolving rapidly as operators balance growing resource demand with digitalization, automation, and sustainability imperatives. For senior executives seeking to navigate an increasingly dynamic landscape, understanding key technological, operational, and policy shifts is critical to optimizing investment and maintaining competitive advantage.

Market Snapshot: Drilling Rig Market Size and Growth

In 2025, the drilling rig market was valued at USD 10.90 billion and is forecasted to reach USD 11.57 billion in 2026. With a CAGR of 6.53%, market participants can expect the total value to rise to USD 16.97 billion by 2032. This robust expansion is propelled by increased demand for hydrocarbons, minerals, and geothermal energy, alongside more stringent regulatory and environmental standards.

Scope & Segmentation

This report offers a thorough review of the drilling rig industry’s defining segments:

  • Power Sources: Analysis covers electric, hybrid, hydraulic, mechanical, and pneumatic drive systems, highlighting their application in regions with emissions controls, adaptability needs, and specialized drilling environments.
  • Automation & System Technologies: Coverage includes fully automated, semi-automated, and remote monitoring-enabled rigs, alongside digitalization initiatives supporting predictive analytics and operational optimization.
  • Drilling Techniques: Provides insights into percussion, rotary, and precision drilling approaches for oil, gas, water well, geotechnical, and mineral exploration needs.
  • Mobility Formats: Explores trailer-mounted, truck-mounted, skid-mounted, and stationary units, detailing relevance for rapid redeployment, stability, and terrain adaptation.
  • Depth Capabilities: Highlights rigs engineered for shallow, medium, and deep drilling, aligning with the complexities of resource extraction and project scope.
  • Geographic Regions: In-depth examination across the Americas, Europe, Middle East & Africa, and Asia-Pacific, drawing attention to resource endowments, regulatory frameworks, and infrastructure maturity.
  • Application Verticals: Assesses the evolving rig feature sets specific to oil and gas extraction, mining, environmental, and geotechnical use cases.

Key Takeaways for Senior Decision-Makers

  • Digital transformation is central, with real-time data, cloud-based monitoring, and predictive analytics now critical to enhancing field productivity and reducing unplanned downtime.
  • Automation and novel control systems reduce manual intervention, improve safety, and facilitate fleet scalability, particularly as remote operations become standard for multi-site drilling.
  • Environmental pressures are accelerating the shift to electric and hybrid rigs, while closed-loop systems and precision methods reduce water use and formation impact, supporting regulatory compliance.
  • Operators and manufacturers face evolving supply chain paradigms, elevating the importance of inventory management, vendor diversification, and modular architecture to sustain operational resilience.
  • Regional policy shifts, trade arrangements, and localization mandates are influencing procurement, technology adoption, and investment strategy as drilling programs diversify globally.
  • Advanced upskilling, talent development, and digital twinning are fostering adaptive workforces aligned with the sector’s escalating technology adoption curve.

Tariff Impact on Global Drilling Rig Supply Chains

Recent tariff measures enacted by the United States in 2025 have redefined global sourcing strategies, extending lead times and prompting manufacturers to rely more on regional partnerships and local fabrication. These policies have also encouraged operators to optimize fleet maintenance and leverage performance-based service agreements to offset elevated acquisition and equipment costs.

Methodology & Data Sources

This research integrates primary interviews with industry executives and field experts from multiple geographies, as well as secondary data from trade publications, regulatory filings, and technical standards. Quantitative analysis leverages company disclosures and trade statistics, triangulated with peer-reviewed expert assessments to ensure data integrity and actionable insight.

Why This Report Matters

  • Enables executive decision-makers to anticipate disruptive trends and develop strategies tailored to their operational, regulatory, and geographic realities.
  • Provides an independent, segmented view that supports investment prioritization, risk management, and identification of emerging opportunities.
  • Equips cross-functional leadership with actionable recommendations on digitalization, supply chain resilience, and sustainable technology adoption.

Conclusion

As technology, policy, and environmental priorities reshape the drilling rig market, stakeholders equipped with detailed, up-to-date intelligence can drive operational excellence and confidently pursue growth in a challenging landscape.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders
2. Research Methodology
2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations
3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap
4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy
5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Drilling Rig Market, by Power Source
8.1. Electric Rigs
8.2. Hydraulic Rigs
8.3. Mechanical Rigs
8.4. Pneumatic Rigs
9. Drilling Rig Market, by Technology
9.1. Fully Automated Rigs
9.2. Semi-Automated Rigs
10. Drilling Rig Market, by Drilling Technique
10.1. Percussion
10.2. Rotary
11. Drilling Rig Market, by Mobility
11.1. Mobile Rigs
11.1.1. Skid-mounted
11.1.2. Trailer-mounted
11.1.3. Truck-mounted
11.2. Stationary Rigs
12. Drilling Rig Market, by Depth Capability
12.1. Deep Rigs (More than 15,000 feet)
12.2. Medium-depth Rigs (5,000 to 15,000 feet)
12.3. Shallow Rigs (up to 5,000 feet)
13. Drilling Rig Market, by Location
13.1. Offshore
13.2. Onshore
14. Drilling Rig Market, by Application
14.1. Environmental & Geotechnical Drilling
14.2. Gas Drilling
14.3. Geothermal Drilling
14.4. Mining Exploration
14.5. Oil Drilling
14.6. Water Well Drilling
15. Drilling Rig Market, by Region
15.1. Americas
15.1.1. North America
15.1.2. Latin America
15.2. Europe, Middle East & Africa
15.2.1. Europe
15.2.2. Middle East
15.2.3. Africa
15.3. Asia-Pacific
16. Drilling Rig Market, by Group
16.1. ASEAN
16.2. GCC
16.3. European Union
16.4. BRICS
16.5. G7
16.6. NATO
17. Drilling Rig Market, by Country
17.1. United States
17.2. Canada
17.3. Mexico
17.4. Brazil
17.5. United Kingdom
17.6. Germany
17.7. France
17.8. Russia
17.9. Italy
17.10. Spain
17.11. China
17.12. India
17.13. Japan
17.14. Australia
17.15. South Korea
18. United States Drilling Rig Market
19. China Drilling Rig Market
20. Competitive Landscape
20.1. Market Concentration Analysis, 2025
20.1.1. Concentration Ratio (CR)
20.1.2. Herfindahl Hirschman Index (HHI)
20.2. Recent Developments & Impact Analysis, 2025
20.3. Product Portfolio Analysis, 2025
20.4. Benchmarking Analysis, 2025
20.5. Baker Hughes Company
20.6. Borr Drilling Limited
20.7. China Oilfield Services Limited
20.8. Epiroc AB
20.9. Halliburton Energy Services, Inc.
20.10. Helmerich & Payne, Inc.
20.11. Honghua Group Limited
20.12. Nabors Industries Ltd.
20.13. National Oilwell Varco, Inc.
20.14. Noble Corporation
20.15. Pacific Drilling Co.
20.16. Precision Drilling Corporation
20.17. Schlumberger Limited
20.18. Seadrill Limited
20.19. Shaanxi Petroleum Drilling Equipment Manufacturing Co., Ltd.
20.20. Shelf Drilling Holdings Ltd.
20.21. Soilmec S.p.A.
20.22. TechnipFMC plc
20.23. Transocean Ltd.
20.24. Valaris Limited
20.25. Weatherford International plc
20.26. Yantai Jereh Oilfield Services Group Co., Ltd.
List of Figures
FIGURE 1. GLOBAL DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL DRILLING RIG MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL DRILLING RIG MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL DRILLING RIG MARKET SIZE, BY LOCATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL DRILLING RIG MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL DRILLING RIG MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. GLOBAL DRILLING RIG MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 13. GLOBAL DRILLING RIG MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 14. UNITED STATES DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 15. CHINA DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
List of Tables
TABLE 1. GLOBAL DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL DRILLING RIG MARKET SIZE, BY ELECTRIC RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL DRILLING RIG MARKET SIZE, BY ELECTRIC RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL DRILLING RIG MARKET SIZE, BY ELECTRIC RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL DRILLING RIG MARKET SIZE, BY HYDRAULIC RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL DRILLING RIG MARKET SIZE, BY HYDRAULIC RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL DRILLING RIG MARKET SIZE, BY HYDRAULIC RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL DRILLING RIG MARKET SIZE, BY MECHANICAL RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL DRILLING RIG MARKET SIZE, BY MECHANICAL RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL DRILLING RIG MARKET SIZE, BY MECHANICAL RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL DRILLING RIG MARKET SIZE, BY PNEUMATIC RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL DRILLING RIG MARKET SIZE, BY PNEUMATIC RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL DRILLING RIG MARKET SIZE, BY PNEUMATIC RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL DRILLING RIG MARKET SIZE, BY FULLY AUTOMATED RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL DRILLING RIG MARKET SIZE, BY FULLY AUTOMATED RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL DRILLING RIG MARKET SIZE, BY FULLY AUTOMATED RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL DRILLING RIG MARKET SIZE, BY SEMI-AUTOMATED RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL DRILLING RIG MARKET SIZE, BY SEMI-AUTOMATED RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL DRILLING RIG MARKET SIZE, BY SEMI-AUTOMATED RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL DRILLING RIG MARKET SIZE, BY PERCUSSION, BY REGION, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL DRILLING RIG MARKET SIZE, BY PERCUSSION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL DRILLING RIG MARKET SIZE, BY PERCUSSION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL DRILLING RIG MARKET SIZE, BY ROTARY, BY REGION, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL DRILLING RIG MARKET SIZE, BY ROTARY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL DRILLING RIG MARKET SIZE, BY ROTARY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILE RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILE RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILE RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL DRILLING RIG MARKET SIZE, BY SKID-MOUNTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL DRILLING RIG MARKET SIZE, BY SKID-MOUNTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL DRILLING RIG MARKET SIZE, BY SKID-MOUNTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL DRILLING RIG MARKET SIZE, BY TRAILER-MOUNTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL DRILLING RIG MARKET SIZE, BY TRAILER-MOUNTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL DRILLING RIG MARKET SIZE, BY TRAILER-MOUNTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL DRILLING RIG MARKET SIZE, BY TRUCK-MOUNTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL DRILLING RIG MARKET SIZE, BY TRUCK-MOUNTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL DRILLING RIG MARKET SIZE, BY TRUCK-MOUNTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL DRILLING RIG MARKET SIZE, BY STATIONARY RIGS, BY REGION, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL DRILLING RIG MARKET SIZE, BY STATIONARY RIGS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL DRILLING RIG MARKET SIZE, BY STATIONARY RIGS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL DRILLING RIG MARKET SIZE, BY DEEP RIGS (MORE THAN 15,000 FEET), BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL DRILLING RIG MARKET SIZE, BY DEEP RIGS (MORE THAN 15,000 FEET), BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL DRILLING RIG MARKET SIZE, BY DEEP RIGS (MORE THAN 15,000 FEET), BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL DRILLING RIG MARKET SIZE, BY MEDIUM-DEPTH RIGS (5,000 TO 15,000 FEET), BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL DRILLING RIG MARKET SIZE, BY MEDIUM-DEPTH RIGS (5,000 TO 15,000 FEET), BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL DRILLING RIG MARKET SIZE, BY MEDIUM-DEPTH RIGS (5,000 TO 15,000 FEET), BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL DRILLING RIG MARKET SIZE, BY SHALLOW RIGS (UP TO 5,000 FEET), BY REGION, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL DRILLING RIG MARKET SIZE, BY SHALLOW RIGS (UP TO 5,000 FEET), BY GROUP, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL DRILLING RIG MARKET SIZE, BY SHALLOW RIGS (UP TO 5,000 FEET), BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL DRILLING RIG MARKET SIZE, BY OFFSHORE, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL DRILLING RIG MARKET SIZE, BY OFFSHORE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL DRILLING RIG MARKET SIZE, BY OFFSHORE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL DRILLING RIG MARKET SIZE, BY ONSHORE, BY REGION, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL DRILLING RIG MARKET SIZE, BY ONSHORE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL DRILLING RIG MARKET SIZE, BY ONSHORE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL DRILLING RIG MARKET SIZE, BY ENVIRONMENTAL & GEOTECHNICAL DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL DRILLING RIG MARKET SIZE, BY ENVIRONMENTAL & GEOTECHNICAL DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL DRILLING RIG MARKET SIZE, BY ENVIRONMENTAL & GEOTECHNICAL DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL DRILLING RIG MARKET SIZE, BY GAS DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL DRILLING RIG MARKET SIZE, BY GAS DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL DRILLING RIG MARKET SIZE, BY GAS DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL DRILLING RIG MARKET SIZE, BY GEOTHERMAL DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL DRILLING RIG MARKET SIZE, BY GEOTHERMAL DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL DRILLING RIG MARKET SIZE, BY GEOTHERMAL DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL DRILLING RIG MARKET SIZE, BY MINING EXPLORATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL DRILLING RIG MARKET SIZE, BY MINING EXPLORATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL DRILLING RIG MARKET SIZE, BY MINING EXPLORATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 76. GLOBAL DRILLING RIG MARKET SIZE, BY OIL DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 77. GLOBAL DRILLING RIG MARKET SIZE, BY OIL DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 78. GLOBAL DRILLING RIG MARKET SIZE, BY OIL DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 79. GLOBAL DRILLING RIG MARKET SIZE, BY WATER WELL DRILLING, BY REGION, 2018-2032 (USD MILLION)
TABLE 80. GLOBAL DRILLING RIG MARKET SIZE, BY WATER WELL DRILLING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 81. GLOBAL DRILLING RIG MARKET SIZE, BY WATER WELL DRILLING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 82. GLOBAL DRILLING RIG MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 83. AMERICAS DRILLING RIG MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 84. AMERICAS DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 85. AMERICAS DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 86. AMERICAS DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 87. AMERICAS DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 88. AMERICAS DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 89. AMERICAS DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 90. AMERICAS DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 91. AMERICAS DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 92. NORTH AMERICA DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 93. NORTH AMERICA DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 94. NORTH AMERICA DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 95. NORTH AMERICA DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 96. NORTH AMERICA DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 97. NORTH AMERICA DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 98. NORTH AMERICA DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 99. NORTH AMERICA DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 100. NORTH AMERICA DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 101. LATIN AMERICA DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 102. LATIN AMERICA DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 103. LATIN AMERICA DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 104. LATIN AMERICA DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 105. LATIN AMERICA DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 106. LATIN AMERICA DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 107. LATIN AMERICA DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 108. LATIN AMERICA DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 109. LATIN AMERICA DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 110. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 111. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 112. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 113. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 114. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 115. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 116. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 117. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 118. EUROPE, MIDDLE EAST & AFRICA DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 119. EUROPE DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 120. EUROPE DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 121. EUROPE DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 122. EUROPE DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 123. EUROPE DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 124. EUROPE DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 125. EUROPE DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 126. EUROPE DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 127. EUROPE DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 128. MIDDLE EAST DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 129. MIDDLE EAST DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 130. MIDDLE EAST DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 131. MIDDLE EAST DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 132. MIDDLE EAST DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 133. MIDDLE EAST DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 134. MIDDLE EAST DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 135. MIDDLE EAST DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 136. MIDDLE EAST DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 137. AFRICA DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 138. AFRICA DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 139. AFRICA DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 140. AFRICA DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 141. AFRICA DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 142. AFRICA DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 143. AFRICA DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 144. AFRICA DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 145. AFRICA DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 146. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 147. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 148. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 149. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 150. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 151. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 152. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 153. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 154. ASIA-PACIFIC DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 155. GLOBAL DRILLING RIG MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 156. ASEAN DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 157. ASEAN DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 158. ASEAN DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 159. ASEAN DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 160. ASEAN DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 161. ASEAN DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 162. ASEAN DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 163. ASEAN DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 164. ASEAN DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 165. GCC DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 166. GCC DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 167. GCC DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 168. GCC DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 169. GCC DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 170. GCC DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 171. GCC DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 172. GCC DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 173. GCC DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 174. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 175. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 176. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 177. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 178. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 179. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 180. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 181. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 182. EUROPEAN UNION DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 183. BRICS DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 184. BRICS DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 185. BRICS DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 186. BRICS DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 187. BRICS DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 188. BRICS DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 189. BRICS DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 190. BRICS DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 191. BRICS DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 192. G7 DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 193. G7 DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 194. G7 DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 195. G7 DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 196. G7 DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 197. G7 DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 198. G7 DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 199. G7 DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 200. G7 DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 201. NATO DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 202. NATO DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 203. NATO DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 204. NATO DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 205. NATO DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 206. NATO DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 207. NATO DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 208. NATO DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 209. NATO DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 210. GLOBAL DRILLING RIG MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 211. UNITED STATES DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 212. UNITED STATES DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 213. UNITED STATES DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 214. UNITED STATES DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 215. UNITED STATES DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 216. UNITED STATES DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 217. UNITED STATES DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 218. UNITED STATES DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 219. UNITED STATES DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 220. CHINA DRILLING RIG MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 221. CHINA DRILLING RIG MARKET SIZE, BY POWER SOURCE, 2018-2032 (USD MILLION)
TABLE 222. CHINA DRILLING RIG MARKET SIZE, BY TECHNOLOGY, 2018-2032 (USD MILLION)
TABLE 223. CHINA DRILLING RIG MARKET SIZE, BY DRILLING TECHNIQUE, 2018-2032 (USD MILLION)
TABLE 224. CHINA DRILLING RIG MARKET SIZE, BY MOBILITY, 2018-2032 (USD MILLION)
TABLE 225. CHINA DRILLING RIG MARKET SIZE, BY MOBILE RIGS, 2018-2032 (USD MILLION)
TABLE 226. CHINA DRILLING RIG MARKET SIZE, BY DEPTH CAPABILITY, 2018-2032 (USD MILLION)
TABLE 227. CHINA DRILLING RIG MARKET SIZE, BY LOCATION, 2018-2032 (USD MILLION)
TABLE 228. CHINA DRILLING RIG MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Drilling Rig market report include:
  • Baker Hughes Company
  • Borr Drilling Limited
  • China Oilfield Services Limited
  • Epiroc AB
  • Halliburton Energy Services, Inc.
  • Helmerich & Payne, Inc.
  • Honghua Group Limited
  • Nabors Industries Ltd.
  • National Oilwell Varco, Inc.
  • Noble Corporation
  • Pacific Drilling Co.
  • Precision Drilling Corporation
  • Schlumberger Limited
  • Seadrill Limited
  • Shaanxi Petroleum Drilling Equipment Manufacturing Co., Ltd.
  • Shelf Drilling Holdings Ltd.
  • Soilmec S.p.A.
  • TechnipFMC plc
  • Transocean Ltd.
  • Valaris Limited
  • Weatherford International plc
  • Yantai Jereh Oilfield Services Group Co., Ltd.

Table Information

Report AttributeDetails
No. of Pages194
PublishedJanuary 2026
Forecast Period2026 - 2032
Estimated Market Value ( USD ) in 2026 $ 11.57 Billion
Forecasted Market Value ( USD ) by 2032 $ 16.97 Billion
Compound Annual Growth Rate6.5%
Regions CoveredGlobal
No. of Companies Mentioned23

Related Topics

Related Reports

Semi-Submersible Drilling Rig Market - Global Forecast 2026-2032 - Product Image

Semi-Submersible Drilling Rig Market - Global Forecast 2026-2032

  • Report
  • 197 Pages
  • Global
From
Land Drilling Rig Market - Global Forecast 2026-2032 - Product Image

Land Drilling Rig Market - Global Forecast 2026-2032

  • Report
  • 182 Pages
  • Global
From
Rotary Drilling Rig Market Size & Share, Trends & Forecast to 2034 - Growth Drivers, Challenges & Competitive Landscape - Product Image

Rotary Drilling Rig Market Size & Share, Trends & Forecast to 2034 - Growth Drivers, Challenges & Competitive Landscape

  • Report
  • 150 Pages
  • Global
From
Drilling Rig Market Size & Share, Trends & Forecast to 2034 - Growth Drivers, Challenges & Competitive Landscape - Product Image

Drilling Rig Market Size & Share, Trends & Forecast to 2034 - Growth Drivers, Challenges & Competitive Landscape

  • Report
  • 150 Pages
  • Global
From
Rotary Blasthole Drilling Rig Market Report by Type, Power, Application, and Region 2025-2033 - Product Image

Rotary Blasthole Drilling Rig Market Report by Type, Power, Application, and Region 2025-2033

  • Report
  • 146 Pages
  • Global
From

About the Drill Rig Market

The Drill Rig market is a segment of the Oilfield Equipment and Services industry. It is composed of companies that manufacture, distribute, and service drilling rigs and related equipment. This equipment is used to drill oil and gas wells, as well as for other applications such as geothermal energy and mineral exploration. The market is highly competitive, with a wide range of products and services available. Companies in the market must continually innovate and develop new technologies to remain competitive. Some of the major players in the Drill Rig market include Schlumberger, Halliburton, Baker Hughes, Weatherford International, National Oilwell Varco, and Nabors Industries. These companies provide a range of services, from drilling rigs and related equipment to well completion and production services. Show Less Read more

Copyright © 2002-2026 Research and Markets. All Rights Reserved.