Global Underground Drilling Rig Market Size & YoY Growth (2024–2032)

Free

in USD Million & Percentage

Global Underground Drilling Rig Market Growth Outlook (2024–2032)

Published by MMR Statistics Reserch Team, November 2025

With a strong growth trajectory, the Global Underground Drilling Rig market size was valued at USD 4762.37 Mn in 2024. As the sector continues its expansion, it is estimated to reach USD 5020.5 Mn. in 2025, reflecting a YoY growth rate of 5.42%. This upward trend is expected to continue, with estimates of USD 5301.15 Mn. in 2026 and USD 5632.99 Mn. in 2027. By 2028, the Underground Drilling Rig market is forecasted to reach USD 5995.2 Mn, and growth is anticipated to continue through 2032.

OTHER STATISTICS ON TOPIC

Underground Drilling

More statistics on Underground Drilling

Download

Information

Unit

in USD Million & Percentage

Region

Global

Time Period

2024-2032

Source Name

Maximize Market Research Pvt. Ltd

Source Link

https://www.maximizemarketresearch.com/

Publisher Name

Maximize Market Research Pvt. Ltd

Publisher Link

https://www.maximizemarketresearch.com/

Related Topics

  • Raw Minerals

    Access global statistics, facts, and market insights on raw minerals production and consumption with MMR Statistics.

  • Underground Vehicles

    Get updated statistics, technology insights, and market data on underground vehicles used in mining with MMR Statistics.

  • Utility Vehicles

    Explore detailed statistics, trends, and industry data on utility vehicles in mining & metals with MMR Statistics

Related reports

Market Research Reports on Underground Drilling

Explore published research tied to this statistic's topic. Open the featured edition or jump into another region without leaving the page.

Open featured report

Subscriptions

Stay ahead of Underground Drilling with tailored access

Sample free-tier statistics or unlock premium coverage for this topic with team-friendly usage rights.

Discover

Try free-tier statistics before committing to a plan.

Start for Free

Professional

Unlock premium coverage across this topic with analyst support.

Select Plan

Contact our team

Need a bespoke deep-dive on Underground Drilling?

Tell us about your KPIs and coverage priorities. We can tailor a briefing, share methodology notes, or build a custom dataset that complements the reports and statistics you are browsing.

Talk with an analyst