Pre-order Enquiry
Request Free Sample
Global Horizontal Drilling Rigs Market Research Report 2022
SKU ID : QYR-21528022 | Publishing Date : 23-Aug-2022
Request Sample
Request Customization
Check Discounts
A horizontal drilling rig is an integrated system that drills wells, such as oil or water wells, 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.
Market Analysis and Insights: Global Horizontal Drilling Rigs Market
Due to the COVID-19 pandemic, the global Horizontal Drilling Rigs market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Crawler Drilling Rigs accounting for % of the Horizontal Drilling Rigs global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Mining segment is altered to an % CAGR throughout this forecast period.
North America Horizontal Drilling Rigs market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Horizontal Drilling Rigs include Sandvik, Xuzhou Construction Machinery Group, HYDRA, Epiroc Trading, Soilmec, Ditch Witch, Boart Longyear, Herrenknecht and Vermeer, etc. In terms of revenue, the global 3 largest players have a % market share of Horizontal Drilling Rigs in 2021.
Global Horizontal Drilling Rigs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Horizontal Drilling Rigs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Crawler Drilling Rigs
Wheeled Drilling Rigs
Segment by Application
Mining
Oil & Gas
By Company
Sandvik
Xuzhou Construction Machinery Group
HYDRA
Epiroc Trading
Soilmec
Ditch Witch
Boart Longyear
Herrenknecht
Vermeer
Montabert
MEMPEX
BAUER Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Horizontal Drilling Rigs Market
Due to the COVID-19 pandemic, the global Horizontal Drilling Rigs market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Crawler Drilling Rigs accounting for % of the Horizontal Drilling Rigs global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Mining segment is altered to an % CAGR throughout this forecast period.
North America Horizontal Drilling Rigs market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Horizontal Drilling Rigs include Sandvik, Xuzhou Construction Machinery Group, HYDRA, Epiroc Trading, Soilmec, Ditch Witch, Boart Longyear, Herrenknecht and Vermeer, etc. In terms of revenue, the global 3 largest players have a % market share of Horizontal Drilling Rigs in 2021.
Global Horizontal Drilling Rigs Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Horizontal Drilling Rigs Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Crawler Drilling Rigs
Wheeled Drilling Rigs
Segment by Application
Mining
Oil & Gas
By Company
Sandvik
Xuzhou Construction Machinery Group
HYDRA
Epiroc Trading
Soilmec
Ditch Witch
Boart Longyear
Herrenknecht
Vermeer
Montabert
MEMPEX
BAUER Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
