Market Overview:
The global hydraulic rotary drilling rig market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing infrastructure development in emerging economies is also propelling the demand for hydraulic rotary drilling rigs. The global hydraulic rotary drilling rig market can be segmented on the basis of type, application, and region. On the basis of type, small-scale, medium-scale, and large-scale rigs are available in the market. The small-scale rigs are used for light applications such as water well drilling while large-scale rigs are used for heavy applications such as mining and construction activities. Based on application, transportation, utility (including power generation), mining industry (including oil & gas extraction), and others segments are available in this market study.
Product Definition:
A hydraulic rotary drilling rig is an engineering tool used to drill holes in the earth's surface. The importance of a hydraulic rotary drilling rig is that it can create a hole in almost any surface, allowing for the installation of various types of piping or other structures.
Small-scale:
Small-scale hydraulic rotary drilling rig is used to drill wells up to a depth of 10,000 feet with a capacity of 500 barrels per minute. It is mainly used for irrigation and water supply in the agricultural sector. The small-scale segment has witnessed significant growth over the past few years owing to its cost efficiency and ability to serve smaller sites with fewer pumps as compared to large rigs.
Medium-scale:
Medium-scale equipment is used in the hydraulic rotary drilling rig for various applications such as land development, mineral exploration and construction. The market size of medium-scale equipment is estimated to be USD 3.5 billion in 2016 and it is anticipated to grow at a CAGR of XX% from 2017 to 2025.
Application Insights:
The mining industry accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for drilling rigs by various mine operators across the globe. Mining companies are increasingly using these rigs to extract more coal, oil & gas and metal deposits at a lower cost as compared with other conventional drilling methods such as open-pit or underground mining techniques.
Utility application segment is expected register a CAGR of XX% from 2018 to 2030 owing to rising demand from countries such as China, India and Australia where electricity generation is one of the major activities supported by government agencies or public-private partnerships. In addition, growing population along with rapid urbanization has resulted in increased need for water supply & sanitation facilities which will further boost industry growth over next seven years globally speaking.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of mines, which require drilling rigs for extraction of minerals such as gold, silver, and other metals. In addition, increasing demand for oil & gas from countries such as China and India is anticipated to drive the regional market growth over the forecast period.
The Middle East & Africa region is anticipated to witness significant growth owing to increasing exploration activities in Saudi Arabia and UAE for oil & gas reserves. In addition, rising government investments in infrastructure development are likely to fuel industry expansion over the coming years.
North America accounted for more than 15% share of overall revenue in 2017 due to high demand from U S states including California; Texas; New Mexico; West Virginia; Oklahoma; Arkansas.; Colorado.; Florida.
Growth Factors:
- Increasing demand for oil and gas due to growing population and industrialization
- Rising investments in exploration and production activities by oil and gas companies
- Technological advancements in hydraulic rotary drilling rigs that improve their performance
- Growing popularity of shale gas exploration and development owing to its abundance and low cost
- Stringent environmental regulations for drilling operations that promote the use of hydraulic rotary drilling rigs
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Rotary Drilling Rig Market Research Report
By Type
Small-scale, Medium-scale, Large-scale
By Application
Mining Industry, Transportation, Utility, Others
By Companies
Inter-Drain sales, Mastenbroek, Simex, TESMEC, Bauer Maschinen GmbH, Casagrande, ANY HEAVY INDUSTRY, Sunward, Soilmec, Vermeer Manufacturing, XCMG
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Rotary Drilling Rig Market Report Segments:
The global Hydraulic Rotary Drilling Rig market is segmented on the basis of:
Types
Small-scale, Medium-scale, Large-scale
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
Mining Industry, Transportation, Utility, 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:
- Inter-Drain sales
- Mastenbroek
- Simex
- TESMEC
- Bauer Maschinen GmbH
- Casagrande
- ANY HEAVY INDUSTRY
- Sunward
- Soilmec
- Vermeer Manufacturing
- XCMG
Highlights of The Hydraulic Rotary 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:
- Small-scale
- Medium-scale
- Large-scale
- By Application:
- Mining Industry
- Transportation
- Utility
- 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 Hydraulic Rotary 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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?
A hydraulic rotary drilling rig is a large machine that uses hydraulics to rotate a drill bit inside the ground. This machine is used to drill holes in the ground for oil and gas wells, water wells, and other types of underground projects.
Some of the major companies in the hydraulic rotary drilling rig market are Inter-Drain sales, Mastenbroek, Simex, TESMEC, Bauer Maschinen GmbH, Casagrande, ANY HEAVY INDUSTRY, Sunward, Soilmec, Vermeer Manufacturing, XCMG.
The hydraulic rotary drilling rig market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Rotary 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 Hydraulic Rotary Drilling Rig Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Rotary 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 Hydraulic Rotary 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 Hydraulic Rotary Drilling Rig Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Rotary Drilling Rig Market Size and Y-o-Y Growth
4.5.2 Hydraulic Rotary Drilling Rig Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Type
5.2.1 Small-scale
5.2.2 Medium-scale
5.2.3 Large-scale
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
6.2.1 Mining Industry
6.2.2 Transportation
6.2.3 Utility
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Rotary 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 Hydraulic Rotary 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 Hydraulic Rotary Drilling Rig Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Type
9.6.1 Small-scale
9.6.2 Medium-scale
9.6.3 Large-scale
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 Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
9.10.1 Mining Industry
9.10.2 Transportation
9.10.3 Utility
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 Hydraulic Rotary Drilling Rig Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Type
10.6.1 Small-scale
10.6.2 Medium-scale
10.6.3 Large-scale
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 Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
10.10.1 Mining Industry
10.10.2 Transportation
10.10.3 Utility
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 Hydraulic Rotary Drilling Rig Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Type
11.6.1 Small-scale
11.6.2 Medium-scale
11.6.3 Large-scale
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 Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
11.10.1 Mining Industry
11.10.2 Transportation
11.10.3 Utility
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 Hydraulic Rotary Drilling Rig Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Rotary Drilling Rig 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 Hydraulic Rotary Drilling Rig Market Size Forecast by Type
12.6.1 Small-scale
12.6.2 Medium-scale
12.6.3 Large-scale
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 Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
12.10.1 Mining Industry
12.10.2 Transportation
12.10.3 Utility
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) Hydraulic Rotary Drilling Rig Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Rotary Drilling Rig 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) Hydraulic Rotary Drilling Rig Market Size Forecast by Type
13.6.1 Small-scale
13.6.2 Medium-scale
13.6.3 Large-scale
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) Hydraulic Rotary Drilling Rig Market Size Forecast by Applications
13.10.1 Mining Industry
13.10.2 Transportation
13.10.3 Utility
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 Hydraulic Rotary Drilling Rig Market: Competitive Dashboard
14.2 Global Hydraulic Rotary Drilling Rig Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inter-Drain sales
14.3.2 Mastenbroek
14.3.3 Simex
14.3.4 TESMEC
14.3.5 Bauer Maschinen GmbH
14.3.6 Casagrande
14.3.7 ANY HEAVY INDUSTRY
14.3.8 Sunward
14.3.9 Soilmec
14.3.10 Vermeer Manufacturing
14.3.11 XCMG
