Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Surface Drill Rigs Market by Type (Tophammer, Down-the-hole, Other), By Application (Mining, Quarrying, Dimension Stone Industry, Civil Engineering, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Surface Drill Rigs Market by Type (Tophammer, Down-the-hole, Other), By Application (Mining, Quarrying, Dimension Stone Industry, Civil Engineering, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157248 3300 Machinery & Equipment 377 247 Pages 4.5 (45)

Market Overview:

The global surface drill rigs 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 surface drill rigs in mining, quarrying, and dimension stone industry applications. Additionally, the growing demand for surface drill rigs in civil engineering applications is also contributing to the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market. On the basis of type, the global surface drill rigs market can be segmented into tophammer drills and down-the-hole (DTH) drills. The tophammer drills segment is expected to account for a larger share of this market during the forecast period owing to its higher adoption in mining and quarrying applications. On the basis of application, this market can be divided into mining, quarrying Dimension stone industry,, civil engineering,, other Applications), and by region (North America,, Latin America Europe Asia Pacific ,and Middle East & Africa). Among these regions,. North America accounted for a larger shareof th eglobalsurface dril l rigsm arke tin 2017 .

Global Surface Drill Rigs Industry Outlook

Product Definition:

A surface drill rig is a piece of equipment used to drill holes in the ground. It is mounted on the back of a truck or trailer and can be towed to the desired location. The rig has a mast that extends upward, allowing the operator to position the drill bit at the desired depth. The rig also has a hydraulic system that powers the drilling apparatus.


Tophammer is a device used in the drilling of boreholes. It's main function is to control the depth of cuttings and prevent them from flowing back into the wellbore. The taphonomic term for this equipment is “weight on” or “downhole weight control system” (DWCS). Tophammer consists of two main components, namely, a weight and an actuator.


The down-the-hole (DTH) is a method of drilling into the earth's surface by sending a drill string down into the ground. The DTH method is used in surface drill rigs to extract minerals and rocks from the earth's crust. It uses an open hole concept, where air or water are allowed to blow or flow through the bottom of the drill string at high pressure.

Application Insights:

The global demand for drilling rigs has witnessed a paradigm shift due to the growing need for efficient and cost-effective methods of oil & gas extraction. The mining application segment accounted for the largest market share in 2017, owing to an increase in coal, metal and other mineral mining activities across various regions.

Mining companies are increasingly using these equipment as it provides them with flexibility and energy efficiency at lower costs than conventional open-pit or underground mines. Moreover, increasing demand from emerging economies such as India & China is expected to drive the industry growth over the forecast period.

Regional Analysis:

North America dominated the global surface drill rigs market in 2016 with a revenue share of over 35%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for technologically advanced products, presence of prominent manufacturers, and rising need for exploration activities. In addition, growing shale gas reserves in the U.S., which require extensive drilling techniques such as multi-hole drilling and hydraulic fracturing are further anticipated to drive product demand in this region.

Asia Pacific is estimated to witness significant growth during the forecast period owing to rapid development of mining industry coupled with government initiatives aimed at encouraging private investments in mineral processing facilities across India and China.

Growth Factors:

  • Increasing demand for oil and gas due to population growth and industrialization
  • Rising investments in drilling activities by oil and gas companies
  • Proliferation of shale gas exploration and production activities
  • Technological advancements in surface drill rigs that improve efficiency and reduce costs
  • Growing demand for electric vehicles, which will require more drilling for lithium, cobalt, etc., thereby boosting the surface drill rigs market

Scope Of The Report

Report Attributes

Report Details

Report Title

Surface Drill Rigs Market Research Report

By Type

Tophammer, Down-the-hole, Other

By Application

Mining, Quarrying, Dimension Stone Industry, Civil Engineering, Other

By Companies

Atlas Copco, Sandvik, Herrenknecht, Robbins, Akkerman, Sunward, Furukawa, Hausherr, Junjin CSM, JK Drilling

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Surface Drill Rigs Market Report Segments:

The global Surface Drill Rigs market is segmented on the basis of:


Tophammer, Down-the-hole, Other

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.


Mining, Quarrying, Dimension Stone Industry, Civil Engineering, Other

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:

  1. Atlas Copco
  2. Sandvik
  3. Herrenknecht
  4. Robbins
  5. Akkerman
  6. Sunward
  7. Furukawa
  8. Hausherr
  9. Junjin CSM
  10. JK Drilling

Global Surface Drill Rigs Market Overview

Highlights of The Surface Drill Rigs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Tophammer
    2. Down-the-hole
    3. Other
  1. By Application:

    1. Mining
    2. Quarrying
    3. Dimension Stone Industry
    4. Civil Engineering
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Surface Drill Rigs 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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Global Surface Drill Rigs Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Surface drill rigs are used to extract oil and gas from the ground. They consist of a drilling rig, which is mounted on a truck or trailer, and several drilling machines. The machines use rotary drills to break through the earth's surface and extract the oil or gas.

Some of the key players operating in the surface drill rigs market are Atlas Copco, Sandvik, Herrenknecht, Robbins, Akkerman, Sunward, Furukawa, Hausherr, Junjin CSM, JK Drilling.

The surface drill rigs market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Surface Drill Rigs Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Surface Drill Rigs Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Surface Drill Rigs Market - Supply Chain
   4.5. Global Surface Drill Rigs Market Forecast
      4.5.1. Surface Drill Rigs Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Surface Drill Rigs Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Surface Drill Rigs Market Absolute $ Opportunity

5. Global Surface Drill Rigs Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Surface Drill Rigs Market Size and Volume Forecast by Type
      5.3.1. Tophammer
      5.3.2. Down-the-hole
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Surface Drill Rigs Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Surface Drill Rigs Market Size and Volume Forecast by Application
      6.3.1. Mining
      6.3.2. Quarrying
      6.3.3. Dimension Stone Industry
      6.3.4. Civil Engineering
      6.3.5. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Surface Drill Rigs Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Surface Drill Rigs Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Surface Drill Rigs Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Surface Drill Rigs Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Surface Drill Rigs Demand Share Forecast, 2019-2026

9. North America Surface Drill Rigs Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Surface Drill Rigs Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Surface Drill Rigs Market Size and Volume Forecast by Application
      9.4.1. Mining
      9.4.2. Quarrying
      9.4.3. Dimension Stone Industry
      9.4.4. Civil Engineering
      9.4.5. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Surface Drill Rigs Market Size and Volume Forecast by Type
      9.7.1. Tophammer
      9.7.2. Down-the-hole
      9.7.3. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Surface Drill Rigs Demand Share Forecast, 2019-2026

10. Latin America Surface Drill Rigs Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Surface Drill Rigs Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Surface Drill Rigs Market Size and Volume Forecast by Application
      10.4.1. Mining
      10.4.2. Quarrying
      10.4.3. Dimension Stone Industry
      10.4.4. Civil Engineering
      10.4.5. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Surface Drill Rigs Market Size and Volume Forecast by Type
      10.7.1. Tophammer
      10.7.2. Down-the-hole
      10.7.3. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Surface Drill Rigs Demand Share Forecast, 2019-2026

11. Europe Surface Drill Rigs Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Surface Drill Rigs Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Surface Drill Rigs Market Size and Volume Forecast by Application
      11.4.1. Mining
      11.4.2. Quarrying
      11.4.3. Dimension Stone Industry
      11.4.4. Civil Engineering
      11.4.5. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Surface Drill Rigs Market Size and Volume Forecast by Type
      11.7.1. Tophammer
      11.7.2. Down-the-hole
      11.7.3. Other
   11.8. Basis Point Share (BPS) Anaysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Surface Drill Rigs Demand Share, 2019-2026

12. Asia Pacific Surface Drill Rigs Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Surface Drill Rigs Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Surface Drill Rigs Market Size and Volume Forecast by Application
      12.4.1. Mining
      12.4.2. Quarrying
      12.4.3. Dimension Stone Industry
      12.4.4. Civil Engineering
      12.4.5. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Surface Drill Rigs Market Size and Volume Forecast by Type
      12.7.1. Tophammer
      12.7.2. Down-the-hole
      12.7.3. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Surface Drill Rigs Demand Share, 2019-2026

13. Middle East & Africa Surface Drill Rigs Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Surface Drill Rigs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Surface Drill Rigs Market Size and Volume Forecast by Application
      13.4.1. Mining
      13.4.2. Quarrying
      13.4.3. Dimension Stone Industry
      13.4.4. Civil Engineering
      13.4.5. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Surface Drill Rigs Market Size and Volume Forecast by Type
      13.7.1. Tophammer
      13.7.2. Down-the-hole
      13.7.3. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Surface Drill Rigs Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Surface Drill Rigs Market: Market Share Analysis
   14.2. Surface Drill Rigs Distributors and Customers
   14.3. Surface Drill Rigs Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Atlas Copco Overview Financials Developments Strategic Outlook
      14.4.2. Sandvik Overview Financials Developments Strategic Outlook
      14.4.3. Herrenknecht Overview Financials Developments Strategic Outlook
      14.4.4. Robbins Overview Financials Developments Strategic Outlook
      14.4.5. Akkerman Overview Financials Developments Strategic Outlook
      14.4.6. Sunward Overview Financials Developments Strategic Outlook
      14.4.7. Furukawa Overview Financials Developments Strategic Outlook
      14.4.8. Hausherr Overview Financials Developments Strategic Outlook
      14.4.9. Junjin CSM Overview Financials Developments Strategic Outlook
      14.4.10. JK Drilling Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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