Global Rotary Drilling Rig Market Growth 2025-2031

Global Rotary Drilling Rig Market Growth 2025-2031

The global Rotary Drilling Rig market size is predicted to grow from US$ 2617 million in 2025 to US$ 2978 million in 2031; it is expected to grow at a CAGR of 2.2% from 2025 to 2031.

The Rotary Drilling Rigs are track or lorry mounted with a diamond tipped core bit and use an air, air/mist, clean water, foam or polymer flushing medium to assist with the drilling. There are two types of Rotary drilling methods, Rotary Core Drilling and Rotary Open Hole Drilling.

United States market for Rotary Drilling Rig is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Rotary Drilling Rig is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Rotary Drilling Rig is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Rotary Drilling Rig players cover The Charles Machine Works, Vermeer Manufacturing, TESMEC, Inter-Drain sales, MARAIS SA, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Rotary Drilling Rig Industry Forecast” looks at past sales and reviews total world Rotary Drilling Rig sales in 2024, providing a comprehensive analysis by region and market sector of projected Rotary Drilling Rig sales for 2025 through 2031. With Rotary Drilling Rig sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rotary Drilling Rig industry.

This Insight Report provides a comprehensive analysis of the global Rotary Drilling Rig landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rotary Drilling Rig portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rotary Drilling Rig market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rotary Drilling Rig and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rotary Drilling Rig.

This report presents a comprehensive overview, market shares, and growth opportunities of Rotary Drilling Rig market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Crawler
Rubber-Tired
Others

Segmentation by Application:
Agricultural Use
Industrial Use
Commercial Use
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
The Charles Machine Works
Vermeer Manufacturing
TESMEC
Inter-Drain sales
MARAIS SA
Mastenbroek
Simex
Auger Torque Europe
ATTEC
RIVARD
BOBCAT
Tecnología Dinamica en Implementos
Zhejiang Hero Time Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rotary Drilling Rig market?

What factors are driving Rotary Drilling Rig market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rotary Drilling Rig market opportunities vary by end market size?

How does Rotary Drilling Rig break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.