Market Overview:
The global DTH drilling rig market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and infrastructure development across the globe. Additionally, factors such as rising population and rapid industrialization are also contributing to the growth of this market. The global DTH drilling rig market is segmented on the basis of type, application, and region. On the basis of type, it is divided into crawler-mounted rigs, portable rigs, and tripod-style rigs. Crawler-mounted rigs are expected to dominate this market during the forecast period owing to their high efficiency and productivity levels as compared with other types of rigs available in this market. By application, it is classified into construction industry; transportation industry; gas & oil industry; mining & quarrying industry; water well drilling industry; and others (including agricultural sector).
Product Definition:
DTH drilling rigs are a type of drill rig used to drill holes through solid rock by using a down-the-hole hammer. The DTH drilling rig uses compressed air to power the hammer, which breaks up the rock around the bit. This type of drilling is especially useful in hard or abrasive rocks.
Crawler:
Crawler is a device used to pull the cable through the ground. It's basically an automated device that moves across the surface of the earth and pulls cable for television transmission and reception. Crawler consists of a base station, which is fixed at one end, while other end of cable is connected to customer premises (house). The base station sends out signals which are received by another unit in customer’s premises, thus establishing communication between them.
Portable:
Portable is a device that enables the user to receive television signals from any part of the world. The portable device can be used in DTH drilling rig as an alternative to satellite dish for receiving television signals.
Advantages of using Portable over Satellite Dish: Disadvantages of using Portable over Satellite Dish: The primary advantage associated with the use of portable is that it does not require landline connection for functioning which makes it more convenient and flexible for usage.
Application Insights:
The construction application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the growing demand for DTH drilling rigs from various construction projects such as water wells, roadways and buildings. In addition, favorable government policies related to infrastructure development are expected to drive industry growth over the forecast period.
The transportation application segment is anticipated to witness significant growth during the forecast period owing to an increase in oil & gas activities across various regions including Middle East and Africa, North America and Europe. Furthermore, increasing use of portable DTH rigs for on-site inspection of pipelines is likely to propel market size during the estimated time frame. Increasing demand from other applications such as power generation plants and natural gas processing plants are also projecteded drive industry expansion over next seven years or so.
Regional Analysis:
Asia Pacific dominated the global DTH drilling rig market in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing investments in infrastructure development, coupled with rising government initiatives for creating jobs. For instance, China has undertaken massive projects such as One Belt One Road (OBOR) initiative which involves construction of roads and railways across Asia connecting China with Europe via Central Asia. This project will involve drilling activities for accessing oil & gas reserves under the sea bed off the coast of Vietnam and Indonesia, thus driving demand for DTH rigs in this region.
The Middle East & Africa is anticipated to witness significant growth over the forecast period owing to increased focus on offshore oilfields especially in Saudi Arabia, UAE.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Rising investments in oil & gas exploration and production
- Proliferation of shale gas exploration and development
- Technological advancements that have led to the development of more efficient rigs
- Growing demand for renewable energy sources such as solar and wind
Scope Of The Report
Report Attributes
Report Details
Report Title
DTH Drilling Rig Market Research Report
By Type
Crawler, Portable, Tripod-style
By Application
Construction, Transportation, Gas & Oil, Others
By Companies
Caterpillar, Komatsu, AB Volvo, Hitachi Construction, Joy Global(P&H), Sandvik, Atlas Copco, Metso, Thyssenkrupp, Liebherr, Caterpillar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global DTH Drilling Rig Market Report Segments:
The global DTH Drilling Rig market is segmented on the basis of:
Types
Crawler, Portable, Tripod-style
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Transportation, Gas & Oil, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Caterpillar
- Komatsu
- AB Volvo
- Hitachi Construction
- Joy Global(P&H)
- Sandvik
- Atlas Copco
- Metso
- Thyssenkrupp
- Liebherr
- Caterpillar
Highlights of The DTH Drilling Rig Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Crawler
- Portable
- Tripod-style
- By Application:
- Construction
- Transportation
- Gas & Oil
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DTH Drilling Rig Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DTH drilling rig is a type of drilling rig used for oil and gas wells. It has a rotating drill bit that is lowered into the well to start the extraction process.
Some of the key players operating in the dth drilling rig market are Caterpillar, Komatsu, AB Volvo, Hitachi Construction, Joy Global(P&H), Sandvik, Atlas Copco, Metso, Thyssenkrupp, Liebherr, Caterpillar.
The dth drilling rig market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DTH Drilling Rig Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DTH Drilling Rig Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DTH Drilling Rig Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DTH Drilling Rig Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DTH Drilling Rig Market Size & Forecast, 2020-2028
4.5.1 DTH Drilling Rig Market Size and Y-o-Y Growth
4.5.2 DTH Drilling Rig Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Crawler
5.2.2 Portable
5.2.3 Tripod-style
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Transportation
6.2.3 Gas & Oil
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DTH Drilling Rig Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DTH Drilling Rig Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Crawler
9.6.2 Portable
9.6.3 Tripod-style
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Transportation
9.10.3 Gas & Oil
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Crawler
10.6.2 Portable
10.6.3 Tripod-style
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Transportation
10.10.3 Gas & Oil
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Crawler
11.6.2 Portable
11.6.3 Tripod-style
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Transportation
11.10.3 Gas & Oil
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Crawler
12.6.2 Portable
12.6.3 Tripod-style
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Transportation
12.10.3 Gas & Oil
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Crawler
13.6.2 Portable
13.6.3 Tripod-style
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Transportation
13.10.3 Gas & Oil
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DTH Drilling Rig Market: Competitive Dashboard
14.2 Global DTH Drilling Rig Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Caterpillar
14.3.2 Komatsu
14.3.3 AB Volvo
14.3.4 Hitachi Construction
14.3.5 Joy Global(P&H)
14.3.6 Sandvik
14.3.7 Atlas Copco
14.3.8 Metso
14.3.9 Thyssenkrupp
14.3.10 Liebherr
14.3.11 Caterpillar
