Increasing oil exploration, mining activities, and infrastructure...

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2026-05-12 10:42:55

Increasing oil exploration, mining activities, and infrastructure drilling projects support rotary drilling rig market growth globally.

The global Rotary Drilling Rig Market is witnessing strong expansion, with market value estimated at USD 10.4 billion in 2025 and projected to reach USD 18.7 billion by 2035, growing at a CAGR of 6.1% during the forecast period. Growth is being driven by increasing demand for mineral exploration, oil & gas drilling, infrastructure development, and geothermal energy projects worldwide....

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