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Multi-Function Drilling Rig Global Market Report 2025

Published Dec 15, 2025
Length 250 Pages
SKU # BRC20650090

Description

Multi-Function Drilling Rig Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on multi-function drilling rig market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for multi-function drilling rig ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The multi-function drilling rig market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Type Of Rig: Land Drilling Rigs; Offshore Drilling Rigs; Mobile Drilling Rigs; Modular Drilling Rigs; Fixed Drilling Rigs

2) By Power Source: Diesel; Electric; Hybrid

3) By Application: Construction; Mining; Oil And Gas; Water Well Drilling; Other Applications

Subsegments:

1) By Land Drilling Rigs: Mechanical Rigs; Electric Rigs; Hydraulic Rigs; Automated Rigs; Truck-Mounted Rigs

2) By Offshore Drilling Rigs: Jack-Up Rigs; Semi-Submersible Rigs; Drillships; Submersible Rigs; Platform Rigs

3) By Mobile Drilling Rigs: Trailer-Mounted Rigs; Skid-Mounted Rigs; Truck-Mounted Rigs; Crawler-Mounted Rigs; Portable Drilling Units

4) By Modular Drilling Rigs: Containerized Modular Rigs; Compact Modular Rigs; Automated Modular Rigs; Remote-Operated Modular Rigs; Lightweight Modular Rigs

5) By Fixed Drilling Rigs: Land-Based Stationary Rigs; Offshore Platform Rigs; Derrick Rigs; Conventional Fixed Rigs; High-Capacity Fixed Rigs

Companies Mentioned: Caterpillar Inc.; Schlumberger Limited; Xuzhou Construction Machinery Group Co. Ltd. (XCMG); Sandvik AB; SANY Group Co. Ltd.; NOV Inc.; Epiroc AB; Nabors Industries Ltd.; Helmerich & Payne Inc.; BAUER Maschinen GmbH; Precision Drilling Corporation; Foremost Industries Ltd.; Herrenknecht AG; Schramm Inc.; CASAGRANDE S.p.A.; Drillmec India Private Limited; Comacchio S.r.l.; Bulcomers KS; SOILMEC S.p.A.; Parkline Rigs India Private Limited.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
2. Multi-Function Drilling Rig Market Characteristics
3. Multi-Function Drilling Rig Market Trends And Strategies
4. Multi-Function Drilling Rig Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Multi-Function Drilling Rig Growth Analysis And Strategic Analysis Framework
5.1. Global Multi-Function Drilling Rig PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Multi-Function Drilling Rig Market Growth Rate Analysis
5.4. Global Multi-Function Drilling Rig Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Multi-Function Drilling Rig Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Multi-Function Drilling Rig Total Addressable Market (TAM)
6. Multi-Function Drilling Rig Market Segmentation
6.1. Global Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Land Drilling Rigs
Offshore Drilling Rigs
Mobile Drilling Rigs
Modular Drilling Rigs
Fixed Drilling Rigs
6.2. Global Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Diesel
Electric
Hybrid
6.3. Global Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Construction
Mining
Oil And Gas
Water Well Drilling
Other Applications
6.4. Global Multi-Function Drilling Rig Market, Sub-Segmentation Of Land Drilling Rigs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Mechanical Rigs
Electric Rigs
Hydraulic Rigs
Automated Rigs
Truck-Mounted Rigs
6.5. Global Multi-Function Drilling Rig Market, Sub-Segmentation Of Offshore Drilling Rigs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Jack-Up Rigs
Semi-Submersible Rigs
Drillships
Submersible Rigs
Platform Rigs
6.6. Global Multi-Function Drilling Rig Market, Sub-Segmentation Of Mobile Drilling Rigs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Trailer-Mounted Rigs
Skid-Mounted Rigs
Truck-Mounted Rigs
Crawler-Mounted Rigs
Portable Drilling Units
6.7. Global Multi-Function Drilling Rig Market, Sub-Segmentation Of Modular Drilling Rigs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Containerized Modular Rigs
Compact Modular Rigs
Automated Modular Rigs
Remote-Operated Modular Rigs
Lightweight Modular Rigs
6.8. Global Multi-Function Drilling Rig Market, Sub-Segmentation Of Fixed Drilling Rigs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Land-Based Stationary Rigs
Offshore Platform Rigs
Derrick Rigs
Conventional Fixed Rigs
High-Capacity Fixed Rigs
7. Multi-Function Drilling Rig Market Regional And Country Analysis
7.1. Global Multi-Function Drilling Rig Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Multi-Function Drilling Rig Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Multi-Function Drilling Rig Market
8.1. Asia-Pacific Multi-Function Drilling Rig Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Multi-Function Drilling Rig Market
9.1. China Multi-Function Drilling Rig Market Overview
9.2. China Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Multi-Function Drilling Rig Market
10.1. India Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Multi-Function Drilling Rig Market
11.1. Japan Multi-Function Drilling Rig Market Overview
11.2. Japan Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Multi-Function Drilling Rig Market
12.1. Australia Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Multi-Function Drilling Rig Market
13.1. Indonesia Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Multi-Function Drilling Rig Market
14.1. South Korea Multi-Function Drilling Rig Market Overview
14.2. South Korea Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Multi-Function Drilling Rig Market
15.1. Western Europe Multi-Function Drilling Rig Market Overview
15.2. Western Europe Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Multi-Function Drilling Rig Market
16.1. UK Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Multi-Function Drilling Rig Market
17.1. Germany Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Multi-Function Drilling Rig Market
18.1. France Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Multi-Function Drilling Rig Market
19.1. Italy Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Multi-Function Drilling Rig Market
20.1. Spain Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Multi-Function Drilling Rig Market
21.1. Eastern Europe Multi-Function Drilling Rig Market Overview
21.2. Eastern Europe Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Multi-Function Drilling Rig Market
22.1. Russia Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Multi-Function Drilling Rig Market
23.1. North America Multi-Function Drilling Rig Market Overview
23.2. North America Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Multi-Function Drilling Rig Market
24.1. USA Multi-Function Drilling Rig Market Overview
24.2. USA Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Multi-Function Drilling Rig Market
25.1. Canada Multi-Function Drilling Rig Market Overview
25.2. Canada Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Multi-Function Drilling Rig Market
26.1. South America Multi-Function Drilling Rig Market Overview
26.2. South America Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Multi-Function Drilling Rig Market
27.1. Brazil Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Multi-Function Drilling Rig Market
28.1. Middle East Multi-Function Drilling Rig Market Overview
28.2. Middle East Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Multi-Function Drilling Rig Market
29.1. Africa Multi-Function Drilling Rig Market Overview
29.2. Africa Multi-Function Drilling Rig Market, Segmentation By Type Of Rig, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Multi-Function Drilling Rig Market, Segmentation By Power Source, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Multi-Function Drilling Rig Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Multi-Function Drilling Rig Market Competitive Landscape And Company Profiles
30.1. Multi-Function Drilling Rig Market Competitive Landscape
30.2. Multi-Function Drilling Rig Market Company Profiles
30.2.1. Caterpillar Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Schlumberger Limited Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Xuzhou Construction Machinery Group Co. Ltd. (XCMG) Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Sandvik AB Overview, Products and Services, Strategy and Financial Analysis
30.2.5. SANY Group Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
31. Multi-Function Drilling Rig Market Other Major And Innovative Companies
31.1. NOV Inc.
31.2. Epiroc AB
31.3. Nabors Industries Ltd.
31.4. Helmerich & Payne Inc.
31.5. BAUER Maschinen GmbH
31.6. Precision Drilling Corporation
31.7. Foremost Industries Ltd.
31.8. Herrenknecht AG
31.9. Schramm Inc.
31.10. CASAGRANDE S.p.A.
31.11. Drillmec India Private Limited
31.12. Comacchio S.r.l.
31.13. Bulcomers KS
31.14. SOILMEC S.p.A.
31.15. Parkline Rigs India Private Limited
32. Global Multi-Function Drilling Rig Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Multi-Function Drilling Rig Market
34. Recent Developments In The Multi-Function Drilling Rig Market
35. Multi-Function Drilling Rig Market High Potential Countries, Segments and Strategies
35.1 Multi-Function Drilling Rig Market In 2029 - Countries Offering Most New Opportunities
35.2 Multi-Function Drilling Rig Market In 2029 - Segments Offering Most New Opportunities
35.3 Multi-Function Drilling Rig Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer
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