North America Underground Drilling Rig Market Size: US vs Mexico (2024–2032)

Free

in USD Million

Competitive Insights to Shape the US vs Mexico Underground Drilling Rig Market (2024–2032)

Published by MMR Statistics Reserch Team, December 2025

Notable competitive traction was observed in the North America Underground Drilling Rig Market in 2024, with the United States valued at USD 745.81 million, significantly surpassing Mexico at USD 164.60 million. In 2025, the US market was estimated to expand to USD 790.79 million, while Mexico reached USD 171.86 million. By 2032, the market is projected to reach USD 1,267.83 million in the US and USD 245.88 million in Mexico. The United States is expected to maintain its dominant position, supported by extensive underground drilling and infrastructure development projects.

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Underground Drilling

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Information

Unit

in USD Million

Region

North America

Time Period

2024-2032

Source Name

MMR Statistics

Source Link

https://www.mmrstatistics.com/

Publisher Name

MMR Statistics

Publisher Link

https://www.mmrstatistics.com/

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