2026 Global Drill Rig Market: Asia Emerges as Core Competitive Power

Jan 5, 2026 – As the global drill rig market enters a high-growth cycle driven by infrastructure upgrading and energy transition, Asian manufacturers have firmly established their leading position with comprehensive competitive advantages, becoming a key force shaping the industry's development pattern, according to the latest industry report released by GEP Research.

Industry data shows that the global drill rig market scale is expected to exceed $14 billion in 2026, with a compound annual growth rate of 4.5% to 5.5% from 2025 to 2030.

The Asia-Pacific region, led by Asian manufacturing powers, will maintain a market share of over 35%, continuing to be the world's largest demand and supply center. This outstanding performance is attributed to three core advantages of Asian drill rig manufacturing.