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Global Modular Drilling Rig Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Modular Drilling Rig Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Offshore Drilling Rigs
    • 1.3.3 Land Drilling Rigs
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Modular Drilling Rig Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Oil and Gas Extraction
    • 1.4.3 Mining Industry
    • 1.4.4 Scientific Research
    • 1.4.5 Others
  • 1.5 Global Modular Drilling Rig Market Size & Forecast
    • 1.5.1 Global Modular Drilling Rig Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Modular Drilling Rig Sales Quantity (2020-2031)
    • 1.5.3 Global Modular Drilling Rig Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Archer
    • 2.1.1 Archer Details
    • 2.1.2 Archer Major Business
    • 2.1.3 Archer Modular Drilling Rig Product and Services
    • 2.1.4 Archer Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Archer Recent Developments/Updates
  • 2.2 Epiroc
    • 2.2.1 Epiroc Details
    • 2.2.2 Epiroc Major Business
    • 2.2.3 Epiroc Modular Drilling Rig Product and Services
    • 2.2.4 Epiroc Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Epiroc Recent Developments/Updates
  • 2.3 Herrenknecht
    • 2.3.1 Herrenknecht Details
    • 2.3.2 Herrenknecht Major Business
    • 2.3.3 Herrenknecht Modular Drilling Rig Product and Services
    • 2.3.4 Herrenknecht Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Herrenknecht Recent Developments/Updates
  • 2.4 Sandvik
    • 2.4.1 Sandvik Details
    • 2.4.2 Sandvik Major Business
    • 2.4.3 Sandvik Modular Drilling Rig Product and Services
    • 2.4.4 Sandvik Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Sandvik Recent Developments/Updates
  • 2.5 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa)
    • 2.5.1 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa) Details
    • 2.5.2 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa) Major Business
    • 2.5.3 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa) Modular Drilling Rig Product and Services
    • 2.5.4 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa) Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa) Recent Developments/Updates
  • 2.6 Drillmec
    • 2.6.1 Drillmec Details
    • 2.6.2 Drillmec Major Business
    • 2.6.3 Drillmec Modular Drilling Rig Product and Services
    • 2.6.4 Drillmec Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Drillmec Recent Developments/Updates
  • 2.7 SINOPEC
    • 2.7.1 SINOPEC Details
    • 2.7.2 SINOPEC Major Business
    • 2.7.3 SINOPEC Modular Drilling Rig Product and Services
    • 2.7.4 SINOPEC Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 SINOPEC Recent Developments/Updates
  • 2.8 CNPC
    • 2.8.1 CNPC Details
    • 2.8.2 CNPC Major Business
    • 2.8.3 CNPC Modular Drilling Rig Product and Services
    • 2.8.4 CNPC Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 CNPC Recent Developments/Updates
  • 2.9 CGE (chongqing) Exploration Machinery
    • 2.9.1 CGE (chongqing) Exploration Machinery Details
    • 2.9.2 CGE (chongqing) Exploration Machinery Major Business
    • 2.9.3 CGE (chongqing) Exploration Machinery Modular Drilling Rig Product and Services
    • 2.9.4 CGE (chongqing) Exploration Machinery Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 CGE (chongqing) Exploration Machinery Recent Developments/Updates
  • 2.10 XCMG
    • 2.10.1 XCMG Details
    • 2.10.2 XCMG Major Business
    • 2.10.3 XCMG Modular Drilling Rig Product and Services
    • 2.10.4 XCMG Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 XCMG Recent Developments/Updates
  • 2.11 ZPEC
    • 2.11.1 ZPEC Details
    • 2.11.2 ZPEC Major Business
    • 2.11.3 ZPEC Modular Drilling Rig Product and Services
    • 2.11.4 ZPEC Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 ZPEC Recent Developments/Updates
  • 2.12 CM Energy
    • 2.12.1 CM Energy Details
    • 2.12.2 CM Energy Major Business
    • 2.12.3 CM Energy Modular Drilling Rig Product and Services
    • 2.12.4 CM Energy Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 CM Energy Recent Developments/Updates
  • 2.13 Zhengzhou Hanfa
    • 2.13.1 Zhengzhou Hanfa Details
    • 2.13.2 Zhengzhou Hanfa Major Business
    • 2.13.3 Zhengzhou Hanfa Modular Drilling Rig Product and Services
    • 2.13.4 Zhengzhou Hanfa Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Zhengzhou Hanfa Recent Developments/Updates
  • 2.14 Julong Equipment
    • 2.14.1 Julong Equipment Details
    • 2.14.2 Julong Equipment Major Business
    • 2.14.3 Julong Equipment Modular Drilling Rig Product and Services
    • 2.14.4 Julong Equipment Modular Drilling Rig Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Julong Equipment Recent Developments/Updates

3 Competitive Environment: Modular Drilling Rig by Manufacturer

  • 3.1 Global Modular Drilling Rig Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Modular Drilling Rig Revenue by Manufacturer (2020-2025)
  • 3.3 Global Modular Drilling Rig Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Modular Drilling Rig by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Modular Drilling Rig Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Modular Drilling Rig Manufacturer Market Share in 2024
  • 3.5 Modular Drilling Rig Market: Overall Company Footprint Analysis
    • 3.5.1 Modular Drilling Rig Market: Region Footprint
    • 3.5.2 Modular Drilling Rig Market: Company Product Type Footprint
    • 3.5.3 Modular Drilling Rig Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Modular Drilling Rig Market Size by Region
    • 4.1.1 Global Modular Drilling Rig Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Modular Drilling Rig Consumption Value by Region (2020-2031)
    • 4.1.3 Global Modular Drilling Rig Average Price by Region (2020-2031)
  • 4.2 North America Modular Drilling Rig Consumption Value (2020-2031)
  • 4.3 Europe Modular Drilling Rig Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Modular Drilling Rig Consumption Value (2020-2031)
  • 4.5 South America Modular Drilling Rig Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Modular Drilling Rig Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 5.2 Global Modular Drilling Rig Consumption Value by Type (2020-2031)
  • 5.3 Global Modular Drilling Rig Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 6.2 Global Modular Drilling Rig Consumption Value by Application (2020-2031)
  • 6.3 Global Modular Drilling Rig Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 7.2 North America Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 7.3 North America Modular Drilling Rig Market Size by Country
    • 7.3.1 North America Modular Drilling Rig Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Modular Drilling Rig Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 8.2 Europe Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 8.3 Europe Modular Drilling Rig Market Size by Country
    • 8.3.1 Europe Modular Drilling Rig Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Modular Drilling Rig Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Modular Drilling Rig Market Size by Region
    • 9.3.1 Asia-Pacific Modular Drilling Rig Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Modular Drilling Rig Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 10.2 South America Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 10.3 South America Modular Drilling Rig Market Size by Country
    • 10.3.1 South America Modular Drilling Rig Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Modular Drilling Rig Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Modular Drilling Rig Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Modular Drilling Rig Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Modular Drilling Rig Market Size by Country
    • 11.3.1 Middle East & Africa Modular Drilling Rig Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Modular Drilling Rig Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Modular Drilling Rig Market Drivers
  • 12.2 Modular Drilling Rig Market Restraints
  • 12.3 Modular Drilling Rig Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Modular Drilling Rig and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Modular Drilling Rig
  • 13.3 Modular Drilling Rig Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Modular Drilling Rig Typical Distributors
  • 14.3 Modular Drilling Rig Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Modular Drilling Rig market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    Modular drilling rig is a kind of equipment that designs the drilling rig into multiple detachable and reconfigurable modules. This design makes the drilling rig more flexible and efficient in transportation, installation and maintenance, and is suitable for industries such as oil, gas, geothermal and mining.
    This report is a detailed and comprehensive analysis for global Modular Drilling Rig market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Modular Drilling Rig market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global Modular Drilling Rig market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global Modular Drilling Rig market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
    Global Modular Drilling Rig market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Modular Drilling Rig
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Modular Drilling Rig market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Archer, Epiroc, Herrenknecht, Sandvik, STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa), Drillmec, SINOPEC, CNPC, CGE (chongqing) Exploration Machinery, XCMG, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Modular Drilling Rig market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Offshore Drilling Rigs
    Land Drilling Rigs
    Market segment by Application
    Oil and Gas Extraction
    Mining Industry
    Scientific Research
    Others
    Major players covered
    Archer
    Epiroc
    Herrenknecht
    Sandvik
    STREICHER Drilling Technology GmbH (MAX STREICHER GmbH & Co. KG Aa)
    Drillmec
    SINOPEC
    CNPC
    CGE (chongqing) Exploration Machinery
    XCMG
    ZPEC
    CM Energy
    Zhengzhou Hanfa
    Julong Equipment
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Modular Drilling Rig product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Modular Drilling Rig, with price, sales quantity, revenue, and global market share of Modular Drilling Rig from 2020 to 2025.
    Chapter 3, the Modular Drilling Rig competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Modular Drilling Rig breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Modular Drilling Rig market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Modular Drilling Rig.
    Chapter 14 and 15, to describe Modular Drilling Rig sales channel, distributors, customers, research findings and conclusion.

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