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Land Drilling Rigs-Global Market Insights and Sales Trends 2024
Synopsis
A drilling rig is a machine that creates holes in the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
The global Land Drilling Rigs market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Land Drilling Rigs in various end use industries. The expanding demands from the Oil and Gas industry, Metal and Mining Industry and Construction and Building,, are propelling Land Drilling Rigs market. Conventional Rigs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile Rigs segment is estimated at % CAGR for the next seven-year period.
Drilling rigs can be mobile equipment mounted on trucks, tracks or trailers, or more permanent land or marine-based structures (such as oil platforms, commonly called 'offshore oil rigs' even if they don't contain a drilling rig). The term "rig" therefore generally refers to the complex equipment that is used to penetrate the surface of the Earth's crust. Small to medium-sized drilling rigs are mobile, such as those used in mineral exploration drilling, blast-hole, water wells and environmental investigations. Larger rigs are capable of drilling through thousands of metres of the Earth's crust, using large "mud pumps" to circulate drilling mud (slurry) through the drill bit and up the casing annulus, for cooling and removing the "cuttings" while a well is drilled.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Land Drilling Rigs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Land Drilling Rigs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Land Drilling Rigs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Land Drilling Rigs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Land Drilling Rigs covered in this report include Archer, Helmerich & Payne, KCA Deutag, Nabors Industries, National Oilwell Varco and Weatherford, etc.
The global Land Drilling Rigs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Archer
Helmerich & Payne
KCA Deutag
Nabors Industries
National Oilwell Varco
Weatherford
Global Land Drilling Rigs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Land Drilling Rigs market, Segment by Type:
Conventional Rigs
Mobile Rigs
Global Land Drilling Rigs market, by Application
Oil and Gas industry
Metal and Mining Industry
Construction and Building
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Land Drilling Rigs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Land Drilling Rigs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A drilling rig is a machine that creates holes in the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill water wells, oil wells, or natural gas extraction wells, or they can be small enough to be moved manually by one person and such are called augers.
The global Land Drilling Rigs market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Land Drilling Rigs in various end use industries. The expanding demands from the Oil and Gas industry, Metal and Mining Industry and Construction and Building,, are propelling Land Drilling Rigs market. Conventional Rigs, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Mobile Rigs segment is estimated at % CAGR for the next seven-year period.
Drilling rigs can be mobile equipment mounted on trucks, tracks or trailers, or more permanent land or marine-based structures (such as oil platforms, commonly called 'offshore oil rigs' even if they don't contain a drilling rig). The term "rig" therefore generally refers to the complex equipment that is used to penetrate the surface of the Earth's crust. Small to medium-sized drilling rigs are mobile, such as those used in mineral exploration drilling, blast-hole, water wells and environmental investigations. Larger rigs are capable of drilling through thousands of metres of the Earth's crust, using large "mud pumps" to circulate drilling mud (slurry) through the drill bit and up the casing annulus, for cooling and removing the "cuttings" while a well is drilled.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Land Drilling Rigs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Land Drilling Rigs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Land Drilling Rigs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Land Drilling Rigs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Land Drilling Rigs covered in this report include Archer, Helmerich & Payne, KCA Deutag, Nabors Industries, National Oilwell Varco and Weatherford, etc.
The global Land Drilling Rigs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Archer
Helmerich & Payne
KCA Deutag
Nabors Industries
National Oilwell Varco
Weatherford
Global Land Drilling Rigs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Land Drilling Rigs market, Segment by Type:
Conventional Rigs
Mobile Rigs
Global Land Drilling Rigs market, by Application
Oil and Gas industry
Metal and Mining Industry
Construction and Building
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Land Drilling Rigs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Land Drilling Rigs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Land Drilling Rigs Market Overview
1.1 Land Drilling Rigs Product Overview
1.2 Land Drilling Rigs Market Segment by Type
1.2.1 Conventional Rigs
1.2.2 Mobile Rigs
1.3 Global Land Drilling Rigs Market Size by Type
1.3.1 Global Land Drilling Rigs Market Size Overview by Type (2018-2029)
1.3.2 Global Land Drilling Rigs Historic Market Size Review by Type (2018-2023)
1.3.3 Global Land Drilling Rigs Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Land Drilling Rigs Sales Breakdown by Type (2018-2023)
1.4.2 Europe Land Drilling Rigs Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Land Drilling Rigs Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Land Drilling Rigs Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Land Drilling Rigs Sales Breakdown by Type (2018-2023)
2 Global Land Drilling Rigs Market Competition by Company
2.1 Global Top Players by Land Drilling Rigs Sales (2018-2023)
2.2 Global Top Players by Land Drilling Rigs Revenue (2018-2023)
2.3 Global Top Players by Land Drilling Rigs Price (2018-2023)
2.4 Global Top Manufacturers Land Drilling Rigs Manufacturing Base Distribution, Sales Area, Product Type
2.5 Land Drilling Rigs Market Competitive Situation and Trends
2.5.1 Land Drilling Rigs Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Land Drilling Rigs Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Land Drilling Rigs as of 2022)
2.7 Date of Key Manufacturers Enter into Land Drilling Rigs Market
2.8 Key Manufacturers Land Drilling Rigs Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Land Drilling Rigs Status and Outlook by Region
3.1 Global Land Drilling Rigs Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Land Drilling Rigs Historic Market Size by Region
3.2.1 Global Land Drilling Rigs Sales in Volume by Region (2018-2023)
3.2.2 Global Land Drilling Rigs Sales in Value by Region (2018-2023)
3.2.3 Global Land Drilling Rigs Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Land Drilling Rigs Forecasted Market Size by Region
3.3.1 Global Land Drilling Rigs Sales in Volume by Region (2024-2029)
3.3.2 Global Land Drilling Rigs Sales in Value by Region (2024-2029)
3.3.3 Global Land Drilling Rigs Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Land Drilling Rigs by Application
4.1 Land Drilling Rigs Market Segment by Application
4.1.1 Oil and Gas industry
4.1.2 Metal and Mining Industry
4.1.3 Construction and Building
4.2 Global Land Drilling Rigs Market Size by Application
4.2.1 Global Land Drilling Rigs Market Size Overview by Application (2018-2029)
4.2.2 Global Land Drilling Rigs Historic Market Size Review by Application (2018-2023)
4.2.3 Global Land Drilling Rigs Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Land Drilling Rigs Sales Breakdown by Application (2018-2023)
4.3.2 Europe Land Drilling Rigs Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Land Drilling Rigs Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Land Drilling Rigs Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Land Drilling Rigs Sales Breakdown by Application (2018-2023)
5 North America Land Drilling Rigs by Country
5.1 North America Land Drilling Rigs Historic Market Size by Country
5.1.1 North America Land Drilling Rigs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Land Drilling Rigs Sales in Volume by Country (2018-2023)
5.1.3 North America Land Drilling Rigs Sales in Value by Country (2018-2023)
5.2 North America Land Drilling Rigs Forecasted Market Size by Country
5.2.1 North America Land Drilling Rigs Sales in Volume by Country (2024-2029)
5.2.2 North America Land Drilling Rigs Sales in Value by Country (2024-2029)
6 Europe Land Drilling Rigs by Country
6.1 Europe Land Drilling Rigs Historic Market Size by Country
6.1.1 Europe Land Drilling Rigs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Land Drilling Rigs Sales in Volume by Country (2018-2023)
6.1.3 Europe Land Drilling Rigs Sales in Value by Country (2018-2023)
6.2 Europe Land Drilling Rigs Forecasted Market Size by Country
6.2.1 Europe Land Drilling Rigs Sales in Volume by Country (2024-2029)
6.2.2 Europe Land Drilling Rigs Sales in Value by Country (2024-2029)
7 Asia-Pacific Land Drilling Rigs by Region
7.1 Asia-Pacific Land Drilling Rigs Historic Market Size by Region
7.1.1 Asia-Pacific Land Drilling Rigs Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Land Drilling Rigs Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Land Drilling Rigs Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Land Drilling Rigs Forecasted Market Size by Region
7.2.1 Asia-Pacific Land Drilling Rigs Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Land Drilling Rigs Sales in Value by Region (2024-2029)
8 Latin America Land Drilling Rigs by Country
8.1 Latin America Land Drilling Rigs Historic Market Size by Country
8.1.1 Latin America Land Drilling Rigs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Land Drilling Rigs Sales in Volume by Country (2018-2023)
8.1.3 Latin America Land Drilling Rigs Sales in Value by Country (2018-2023)
8.2 Latin America Land Drilling Rigs Forecasted Market Size by Country
8.2.1 Latin America Land Drilling Rigs Sales in Volume by Country (2024-2029)
8.2.2 Latin America Land Drilling Rigs Sales in Value by Country (2024-2029)
9 Middle East and Africa Land Drilling Rigs by Country
9.1 Middle East and Africa Land Drilling Rigs Historic Market Size by Country
9.1.1 Middle East and Africa Land Drilling Rigs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Land Drilling Rigs Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Land Drilling Rigs Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Land Drilling Rigs Forecasted Market Size by Country
9.2.1 Middle East and Africa Land Drilling Rigs Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Land Drilling Rigs Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Archer
10.1.1 Archer Company Information
10.1.2 Archer Introduction and Business Overview
10.1.3 Archer Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Archer Land Drilling Rigs Products Offered
10.1.5 Archer Recent Development
10.2 Helmerich & Payne
10.2.1 Helmerich & Payne Company Information
10.2.2 Helmerich & Payne Introduction and Business Overview
10.2.3 Helmerich & Payne Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Helmerich & Payne Land Drilling Rigs Products Offered
10.2.5 Helmerich & Payne Recent Development
10.3 KCA Deutag
10.3.1 KCA Deutag Company Information
10.3.2 KCA Deutag Introduction and Business Overview
10.3.3 KCA Deutag Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.3.4 KCA Deutag Land Drilling Rigs Products Offered
10.3.5 KCA Deutag Recent Development
10.4 Nabors Industries
10.4.1 Nabors Industries Company Information
10.4.2 Nabors Industries Introduction and Business Overview
10.4.3 Nabors Industries Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Nabors Industries Land Drilling Rigs Products Offered
10.4.5 Nabors Industries Recent Development
10.5 National Oilwell Varco
10.5.1 National Oilwell Varco Company Information
10.5.2 National Oilwell Varco Introduction and Business Overview
10.5.3 National Oilwell Varco Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.5.4 National Oilwell Varco Land Drilling Rigs Products Offered
10.5.5 National Oilwell Varco Recent Development
10.6 Weatherford
10.6.1 Weatherford Company Information
10.6.2 Weatherford Introduction and Business Overview
10.6.3 Weatherford Land Drilling Rigs Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Weatherford Land Drilling Rigs Products Offered
10.6.5 Weatherford Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Land Drilling Rigs Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Land Drilling Rigs Industrial Chain Analysis
11.4 Land Drilling Rigs Market Dynamics
11.4.1 Land Drilling Rigs Industry Trends
11.4.2 Land Drilling Rigs Market Drivers
11.4.3 Land Drilling Rigs Market Challenges
11.4.4 Land Drilling Rigs Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Land Drilling Rigs Distributors
12.3 Land Drilling Rigs Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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