Masts are portable load-bearing structures used to support and position the drill string. Masts perform a similar function to that of derricks, but are typically pre-assembled and mounted on a frame, whereas derricks are anchored to the corners of a substructure.
This report contains market size and forecasts of Drill Rig Masts in global, including the following market information:
Global Drill Rig Masts Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Drill Rig Masts Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Drill Rig Masts companies in 2021 (%)
The global Drill Rig Masts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Offshore Rig Masts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Drill Rig Masts include Schlumberger, Hennessy International, Inc, BAYO.S SE, National Oilwell Varco, Beijing KMC RIGS Co., Ltd, Derrick Services Limited, Lee C. Moore, MAIT USA Corp and Sinocoredrill Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Drill Rig Masts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Drill Rig Masts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Drill Rig Masts Market Segment Percentages, by Type, 2021 (%)
Offshore Rig Masts
Land Rig Masts
Global Drill Rig Masts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Drill Rig Masts Market Segment Percentages, by Application, 2021 (%)
Petroleum Engineering
Natural Gas Engineering
Groundwater Engineering
Global Drill Rig Masts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Drill Rig Masts Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Drill Rig Masts revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Drill Rig Masts revenues share in global market, 2021 (%)
Key companies Drill Rig Masts sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Drill Rig Masts sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schlumberger
Hennessy International, Inc
BAYO.S SE
National Oilwell Varco
Beijing KMC RIGS Co., Ltd
Derrick Services Limited
Lee C. Moore
MAIT USA Corp
Sinocoredrill Group
Stewart & Stevenson Services, Inc
Sunnda Corporation
Superior Derrick Services, LLC
Trevi Finanziaria Industriale S.p.A
Veristic Technologies, Inc
Xuzhou Hengxing Jinqiao Machinery Technology Co., Ltd