Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 1.37 Billion

CAGR (2023-2028)

7.49%

Fastest Growing Segment

Bucket Auger

Largest Market

Asia-Pacific


Market Overview

Global Oil & Gas Auger Drilling Market has valued at USD 1.37 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.49% through 2028. The growth of global urbanization, industrialization, and population, along with the expansion of the automotive and airline industries, as well as increased construction activities worldwide, are key drivers behind the growth of the global oil and gas industry. Consequently, the global auger drilling market is also expected to witness significant expansion. Auger drilling machines are widely utilized in various industries including construction, mining, railways, and others. They play a crucial role in environmental and geotechnical sampling, as well as the construction of sewer lines, fence post setting, tree planting, and road construction. Moreover, auger drilling technology is utilized in sewer construction to ensure precise control over the diameter of sewer bores. Additionally, it finds applications in the mining industry for the extraction of coal, gold, and other minerals, owing to its cost-effectiveness.

Key Market Drivers

Infrastructure Development and Urbanization  

The ongoing global infrastructure development and urbanization drive the Global Auger Drilling Market, serving as one of its key drivers. With the increasing population and expansion of urban centers, the demand for improved infrastructure grows, necessitating geotechnical investigations, foundation drilling, and other construction-related activities fulfilled by auger drilling technology. Governments in both developed and developing economies invest in transportation networks, commercial complexes, residential buildings, and other essential infrastructure projects. Auger drilling plays a vital role in these initiatives by providing accurate soil sampling, foundation drilling, and ground stability assessments. This information is crucial for engineering designs, ensuring the structural integrity of buildings, bridges, and other structures. Additionally, urbanization fuels the need for urban infrastructure improvements, including water supply, sanitation, and utilities. Auger drilling is employed to install water wells, boreholes, and utility poles, contributing to the efficient delivery of services to urban populations. As cities continue to expand and enhance their infrastructure, auger drilling technology becomes an indispensable tool in supporting these developments.

Mining Exploration and Resource Extraction  

The growth of the mining sector serves as a significant driver for the Global Auger Drilling Market. Mining companies rely on auger drilling for mineral exploration, resource estimation, and geological analysis. Auger drilling offers a cost-effective method for extracting soil and rock samples, enabling geologists to assess the potential presence of valuable minerals and ores accurately. In the mining industry, precise data regarding the composition and depth of deposits is crucial for making informed decisions about resource extraction. Auger drilling facilitates the rapid collection of samples from various depths, aiding in the identification of economically viable deposits. This technology helps reduce exploration costs and mitigate risks associated with resource estimation. Additionally, auger drilling is utilized in environmental studies pertaining to mining operations, contributing to the assessment of impacts on soil quality, groundwater contamination, and land stability. As the demand for mineral resources continues to increase, auger drilling remains an indispensable tool for mining companies, enabling optimized exploration efforts and the implementation of sustainable extraction practices.

Environmental Site Assessment and Remediation   

Environmental site assessment and remediation efforts are becoming significant drivers for the oil and gas auger drilling market. These activities are essential in addressing historical contamination, ensuring regulatory compliance, and safeguarding the environment. Auger drilling plays a crucial role in site assessment and remediation projects within the oil and gas industry, and its importance is growing due to several key factors. Firstly, regulatory requirements and environmental concerns have intensified the focus on site assessments and remediation in the oil and gas sector. Regulatory bodies demand thorough assessments and remediation of contaminated sites to prevent further environmental damage. Auger drilling is well-suited for these tasks, as it allows for precise soil and groundwater sampling and monitoring, aiding in the accurate assessment of contamination levels.

Secondly, the legacy of oil and gas exploration and production includes a significant number of abandoned wells, storage tanks, and other infrastructure that can pose environmental risks. Auger drilling is employed to identify and assess these hazards, often leading to their proper remediation. This is especially critical as the industry seeks to reduce its environmental footprint and address the liabilities associated with these legacy sites. Moreover, the increased awareness of groundwater contamination and the potential migration of pollutants from aging oil and gas infrastructure have led to a surge in demand for auger drilling services. Auger drilling allows for the installation of monitoring wells and the extraction of soil and groundwater samples to assess the extent of contamination and design effective remediation strategies.

Furthermore, auger drilling's ability to minimize surface disturbance and its precision in accessing contaminated zones make it a preferred choice for environmentally sensitive areas. It reduces the disruption to ecosystems while efficiently addressing contamination issues. In the context of environmental site assessment and remediation, auger drilling also facilitates the injection of remediation agents, such as bioremediation or chemical treatments, directly into contaminated zones. This targeted approach enhances the effectiveness of remediation efforts. In conclusion, environmental site assessment and remediation efforts are driving the demand for auger drilling services in the oil and gas industry. Auger drilling's versatility, precision, and environmentally friendly attributes position it as a critical tool in addressing historical contamination, meeting regulatory requirements, and fostering responsible environmental stewardship within the sector. As the industry continues to prioritize environmental sustainability, the role of auger drilling is expected to expand further.

Technological Advancements

Technological advancements are poised to be a primary driving force behind the growth and evolution of the oil and gas auger drilling market. These innovations are reshaping the industry, making drilling operations more efficient, cost-effective, and environmentally sustainable. One of the most significant technological advancements impacting auger drilling is the development of advanced drilling equipment and tools. Auger drills have become more powerful, versatile, and capable of reaching greater depths and handling a wider range of geological conditions. Enhanced drilling bits and cutting-edge materials have improved drilling efficiency, allowing operators to extract oil and gas resources with greater precision.

Automation and digitization have also played a pivotal role in the industry's progress. The integration of sensors, data analytics, and real-time monitoring systems has enabled drilling operators to optimize their operations. Automated drilling rigs can adapt to changing conditions and make real-time adjustments, improving safety and productivity. Moreover, data-driven insights help in reservoir characterization and predictive maintenance, reducing downtime and operational risks. Environmental considerations have driven the development of environmentally friendly drilling technologies. Auger drilling, with its reduced surface disturbance, has been favored in sensitive ecosystems and offshore environments. Innovations like closed-loop drilling systems minimize the risk of spills and environmental damage, aligning with strict regulatory requirements and sustainability goals.

Innovations in drilling fluids and mud systems have also improved drilling performance. These advancements enhance drilling stability, reduce friction, and mitigate formation damage, contributing to more efficient drilling operations and lower costs. Furthermore, the integration of renewable energy sources, such as solar and wind power, into drilling operations reduces the environmental footprint of drilling activities. Auger drilling rigs equipped with renewable energy solutions can reduce greenhouse gas emissions, aligning with the industry's efforts to mitigate climate change.

In conclusion, technological advancements are propelling the oil and gas auger drilling market into a new era of efficiency, sustainability, and profitability. These innovations not only increase the industry's ability to access valuable energy resources but also address environmental concerns and regulatory requirements. As technology continues to advance, the oil and gas auger drilling market is likely to remain a vital component of the global energy landscape.

 

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Key Market Challenges

Subsurface Variability and Complexity      

Auger drilling involves penetrating various types of soils, rocks, and geological formations, each possessing unique characteristics that can significantly impact drilling efficiency, accuracy, and safety. The subsurface variability introduces uncertainties that can influence the drilling process. Operators may encounter unexpected changes in soil composition, hardness, and moisture content, necessitating adjustments in drilling parameters, tooling, and techniques. These variations can result in equipment wear and tear, reduced drilling speed, and even the risk of becoming stuck. Moreover, encountering challenging formations, such as consolidated rock layers or unconsolidated soils with high water content, can impede drilling progress and escalate operational costs. Adapting to changing subsurface conditions necessitates experienced drill operators and equipment capable of accommodating diverse geological scenarios. Addressing subsurface variability and complexity necessitates accurate geological surveys and subsurface data prior to drilling. Advanced technologies like ground-penetrating radar and seismic imaging can provide insights into subsurface conditions, aiding operators in preparing for potential challenges. Adaptable drilling equipment, specialized tooling, and contingency plans are indispensable for navigating the uncertainties posed by varying geological formations.

Fluctuating Oil and Gas Prices

Fluctuating oil and gas prices pose a significant challenge to the global oil and gas auger drilling market. The market's health and growth are intimately tied to the price dynamics of these hydrocarbon resources, and price volatility can have profound effects on drilling activity and investment in auger drilling projects. Investment Uncertainty: Oil and gas companies often base their exploration and drilling decisions on the prevailing market prices. When prices are high and stable, there is more confidence in the profitability of drilling operations, which can lead to increased investments in auger drilling projects. Conversely, during periods of price volatility or low prices, companies may delay or scale back drilling projects, impacting the demand for auger drilling services.

Financial Viability: The cost of drilling, including auger drilling, can be substantial. Fluctuating prices can affect the financial viability of drilling projects. When prices drop significantly, projects with higher production costs may become uneconomical, leading to project cancellations and reduced demand for drilling services. Project Delays and Cancellations: Price volatility can lead to uncertainty in the industry, which can result in project delays and cancellations. Oil and gas companies may postpone drilling plans until they can better assess market conditions, which can disrupt the steady flow of projects for auger drilling service providers.

Reduced Exploration: Low oil and gas prices often discourage exploration efforts, as companies focus on cost-saving measures and optimizing existing assets. This can limit the discovery of new reserves that would require auger drilling for resource extraction. Financial Stress on Industry: Extended periods of low prices can place financial stress on oil and gas companies. This can result in budget constraints, layoffs, and a reduced appetite for capital-intensive drilling projects, including those involving auger drilling.

Supply Chain and Equipment Concerns: Price volatility can affect the availability and cost of drilling equipment and materials. In times of uncertainty, supply chain disruptions and fluctuating equipment costs can impact project budgets and timelines. Market Confidence: The oil and gas industry's overall confidence is closely linked to price stability. When prices are unpredictable, investors, stakeholders, and financial institutions may hesitate to support drilling projects, hindering industry growth.

Long-Term Planning: Price volatility makes long-term planning and investment decisions challenging for both operators and drilling service providers. This uncertainty can lead to a more cautious approach to project development. In conclusion, fluctuating oil and gas prices introduce a high level of uncertainty into the global oil and gas auger drilling market. This volatility affects investment decisions, project viability, and the overall confidence of industry participants. To navigate these challenges successfully, companies in the oil and gas auger drilling sector must adopt strategies that are resilient to price fluctuations, such as diversification, cost control measures, and a focus on operational efficiency.

Key Market Trends

Automation and Digitization of Auger Drilling Processes    

The automation and digitization trend is rapidly reshaping the Global Auger Drilling Market, offering numerous benefits that enhance efficiency, accuracy, and safety throughout drilling operations. Automation involves leveraging advanced technology and sensors to control and monitor drilling processes, thereby reducing the need for manual intervention and minimizing human error. Automation and digitization are revolutionizing various aspects of auger drilling, ranging from equipment operation to data collection and analysis. Automated drilling rigs are equipped with sophisticated control systems that optimize drilling parameters such as torque, rotation speed, and feed rate based on real-time geological data. This automation not only improves drilling efficiency but also minimizes equipment wear and tear. Digitization complements automation by facilitating the collection, storage, and analysis of drilling data. Sensors embedded in drilling equipment provide valuable insights into ground conditions, soil composition, and drilling performance. This data can be transmitted in real-time to centralized systems, enabling operators to make informed decisions and adjust drilling strategies as necessary. Moreover, the integration of augmented reality (AR) and virtual reality (VR) technologies is enhancing training programs and assisting operators in comprehending complex drilling scenarios. These technologies offer immersive experiences that help operators visualize drilling processes, troubleshoot issues, and simulate various drilling conditions. As the automation and digitization trend continues to evolve, the Global Auger Drilling Market will witness increased adoption of smart drilling equipment, data-driven decision-making, and enhanced safety measures. The improved efficiency and accuracy resulting from these trends are expected to drive operational excellence and further propel the growth of the auger drilling industry.

Remote and Challenging Locations

The exploration and extraction of oil and gas resources in remote and challenging locations are emerging as significant drivers for the global oil and gas auger drilling market. Auger drilling techniques offer distinct advantages in addressing the unique challenges posed by these environments, which can be found both onshore and offshore.

Offshore Exploration and Production: Auger drilling is particularly well-suited for offshore drilling in deepwater and ultra-deepwater environments. Offshore reserves, often located beneath the seabed, require advanced drilling technologies capable of reaching substantial depths. Auger drilling rigs can be adapted to operate on offshore platforms, and their ability to access reserves through soft seabed sediments is a valuable feature. As the industry continues to explore deeper offshore reserves, auger drilling plays a pivotal role in accessing these valuable resources.

Arctic and Extreme Environments: In Arctic regions and other extreme environments, where temperatures can plummet to extreme lows, traditional drilling methods face numerous challenges. Auger drilling offers an advantage with its adaptability to harsh conditions. The equipment can be designed to withstand extreme cold, and the minimal surface disturbance of auger drilling minimizes the impact on sensitive ecosystems. The ability to operate in these areas is crucial for accessing untapped oil and gas reserves in remote, less explored regions.

Environmentally Sensitive Areas: Auger drilling is favored in environmentally sensitive areas, such as wetlands, protected ecosystems, and areas with fragile terrain. Its low surface impact reduces disturbance to the surroundings and helps preserve these ecosystems while enabling resource extraction. This aligns with the industry's increasing focus on responsible and sustainable drilling practices.

Remote Onshore Reserves: Onshore reserves located in remote or rugged terrains, including deserts, mountains, and forests, may require specialized drilling techniques. Auger drilling's adaptability to varying geological conditions makes it a valuable tool for accessing these hard-to-reach reserves. The reduced need for extensive infrastructure in such locations further enhances its appeal.

Minimizing Environmental Risks: In addition to its suitability for challenging environments, auger drilling helps minimize the environmental risks associated with drilling operations. Its precision and ability to control drilling fluid and cuttings reduce the risk of spills and contamination, a crucial factor when operating in sensitive and remote locations. In conclusion, the global oil and gas auger drilling market is being driven by the industry's quest to explore and extract hydrocarbon resources in remote and challenging locations. Auger drilling's adaptability, minimal surface impact, and capacity to handle difficult geological conditions make it an indispensable tool for accessing valuable reserves in these environments. As the industry continues to expand its exploration efforts, auger drilling is expected to play an increasingly pivotal role in unlocking the potential of these remote and previously untapped oil and gas resources.

Segmental Insights

Type Insights

Bucket Auger segment is expected to dominate the market during the forecast period. The Bucket Auger is utilized in applications that necessitate soil sampling, excavation, and geotechnical investigations. Featuring a cylindrical bucket-shaped attachment, the bucket auger is specifically designed to gather undisturbed soil samples and excavate materials from the ground. This type of auger finds extensive applications in geotechnical studies, environmental assessments, and construction projects. Moreover, aside from soil sampling, the bucket auger is employed for excavation tasks in both cohesive and non-cohesive soils, effectively removing soil materials from the borehole and providing valuable insights into subsurface conditions. The bucket auger is an essential tool in geotechnical studies as it allows engineers to collect undisturbed soil samples for analyzing properties like shear strength, compressibility, and permeability. This crucial information significantly influences foundation design and construction decisions. Furthermore, the bucket auger is highly useful for excavation tasks, including creating boreholes for installing ground anchors or collecting soil materials for analysis.

 

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Regional Insights

Asia-Pacific is expected to dominate the market during the forecast period. The Asia-Pacific region is currently witnessing substantial infrastructure development, encompassing transportation networks, commercial complexes, and residential projects. Auger drilling plays a crucial role in foundation drilling, piling, and soil investigation, thereby supporting these construction endeavors. The region's abundant mineral resources drive the demand for auger drilling in mining exploration. Auger drills are utilized for collecting soil and rock samples to assess the potential of mineral deposits, contributing significantly to the growth of the mining sector. Furthermore, auger drilling finds extensive application in agriculture for soil sampling, seed planting, and water well installation. Moreover, the region's emphasis on environmental sustainability and compliance fuels the demand for auger drilling in environmental site assessments and remediation projects. Given the rapid urbanization across the Asia-Pacific region, the construction of diverse infrastructure projects becomes imperative. Auger drilling is extensively employed for foundation work, providing support for structures such as buildings, bridges, and other civil engineering projects. The region's expanding industrial sectors, including manufacturing and energy, generate a heightened need for auger drilling technology to fulfill tasks like soil stabilization, pile installation, and geotechnical surveys.   

Recent Developments

  • In November 2022, Mako Gold announced the commencement of a multi-rig, 25,000m auger drill program on the company's flagship Napie Gold Project in Côte d'Ivoire. The company states that Napie hosts a 23km soil anomaly and a 30km long Napie shear, with historic auger drilling on certain parts of the permit revealing anomalies associated with shears and faults at Napie. Furthermore, the company mentions the orientation auger drilling on the Tchaga and Gogbala deposits, which serve as the foundation for the maiden 868,000oz Mineral Resource Estimate (MRE), will highlight the auger signature of these deposits. Once the orientation drilling is complete on the Tchaga and Gogbala deposits, all drill rigs will be mobilized to sequentially complete each planned auger grid.
  • Key Market Players
  • Liebherr-International AG
  • Marl Technologies Inc.
  • Zhengzhou Hanfa Imp & Exp Trading Co. Ltd.
  • Terex Corporation
  • Little Beaver Inc.
  • Marl Technologies Inc.
  • Total Drilling Supply LLC
  • Beijing Cortech Drilling Equipment Co. Ltd.
  • Drilling Structures International Inc.
  • Barbco Inc.    

By Type

By Drill Type

By Operation

By Region

  • Flight Auger
  • Bucket Auger   
  • Electric Auger Drilling Machine
  • Hydraulic Auger Drilling Machine
  • North America
  • Europe
  • Latin America
  • Middle East & Africa
  • Asia Pacific

           

Report Scope:

In this report, the Global Oil & Gas Auger Drilling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Oil & Gas Auger Drilling Market, By Type:

o   Flight Auger

o   Bucket Auger  

  • Global Oil & Gas Auger Drilling Market, By Drill Type:

o   Vertical Augur Drill

o   Horizontal Augur Drill

o   Telescopic Augur Drill  

  • Global Oil & Gas Auger Drilling Market, By Operation:

o   Electric Auger Drilling Machine

o   Hydraulic Auger Drilling Machine       

  • Global Oil & Gas Auger Drilling Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  Japan

§  South Korea

§  Indonesia

o   Europe

§  Germany

§  United Kingdom

§  France

§  Russia

§  Spain

o   South America

§  Brazil

§  Argentina

o   Middle East & Africa

§  Saudi Arabia

§  South Africa

§  Egypt

§  UAE

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Oil & Gas Auger Drilling Market.

Available Customizations:

Global Oil & Gas Auger Drilling Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Oil & Gas Auger Drilling Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.3.  Markets Covered

1.4.  Years Considered for Study

1.5.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Voice of Customers

5.    Global Oil & Gas Auger Drilling Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Flight Auger, Bucket Auger)

5.2.2.    By Drill Type (Vertical Augur Drill, Horizontal Augur Drill, Telescopic Augur Drill)

5.2.3.    By Operation (Electric Auger Drilling Machine, Hydraulic Auger Drilling Machine)

5.2.4.    By Region

5.3.  By Company (2022)

5.4.  Market Map

6.    North America Oil & Gas Auger Drilling Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Drill Type

6.2.3.    By Operation

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Oil & Gas Auger Drilling Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Drill Type

6.3.1.2.3.           By Operation

6.3.2.    Canada Oil & Gas Auger Drilling Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Drill Type

6.3.2.2.3.           By Operation

6.3.3.    Mexico Oil & Gas Auger Drilling Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Drill Type

6.3.3.2.3.           By Operation

7.    Asia-Pacific Oil & Gas Auger Drilling Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Drill Type

7.2.3.    By Operation

7.2.4.    By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.    China Oil & Gas Auger Drilling Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Drill Type

7.3.1.2.3.           By Operation

7.3.2.    India Oil & Gas Auger Drilling Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Drill Type

7.3.2.2.3.           By Operation

7.3.3.    Japan Oil & Gas Auger Drilling Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Drill Type

7.3.3.2.3.           By Operation

7.3.4.    South Korea Oil & Gas Auger Drilling Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Drill Type

7.3.4.2.3.           By Operation

7.3.5.    Indonesia Oil & Gas Auger Drilling Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Drill Type

7.3.5.2.3.           By Operation

8.    Europe Oil & Gas Auger Drilling Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Drill Type

8.2.3.    By Operation

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Oil & Gas Auger Drilling Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Drill Type

8.3.1.2.3.           By Operation

8.3.2.    United Kingdom Oil & Gas Auger Drilling Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Drill Type

8.3.2.2.3.           By Operation

8.3.3.    France Oil & Gas Auger Drilling Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Drill Type

8.3.3.2.3.           By Operation

8.3.4.    Russia Oil & Gas Auger Drilling Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Drill Type

8.3.4.2.3.           By Operation

8.3.5.    Spain Oil & Gas Auger Drilling Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Drill Type

8.3.5.2.3.           By Operation

9.    South America Oil & Gas Auger Drilling Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Drill Type

9.2.3.    By Operation

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Oil & Gas Auger Drilling Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Drill Type

9.3.1.2.3.           By Operation

9.3.2.    Argentina Oil & Gas Auger Drilling Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Drill Type

9.3.2.2.3.           By Operation

10. Middle East & Africa Oil & Gas Auger Drilling Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Drill Type

10.2.3. By Operation

10.2.4. By Country

10.3.             Middle East & Africa: Country Analysis

10.3.1.  Saudi Arabia Oil & Gas Auger Drilling Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Drill Type

10.3.1.2.3.         By Operation

10.3.2. South Africa Oil & Gas Auger Drilling Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Drill Type

10.3.2.2.3.         By Operation

10.3.3. UAE Oil & Gas Auger Drilling Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Drill Type

10.3.3.2.3.         By Operation

10.3.4. Israel Oil & Gas Auger Drilling Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Type

10.3.4.2.2.         By Drill Type

10.3.4.2.3.         By Operation

10.3.5. Egypt Oil & Gas Auger Drilling Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Type

10.3.5.2.2.         By Drill Type

10.3.5.2.3.         By Operation

11. Market Dynamics

11.1.   Drivers

11.2.   Challenge

12. Market Trends & Developments

13. Company Profiles

13.1.             Liebherr-International AG  

13.1.1. Business Overview

13.1.2. Key Revenue and Financials

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services

13.2.             Marl Technologies Inc

13.2.1. Business Overview

13.2.2. Key Revenue and Financials

13.2.3. Recent Developments

13.2.4. Key Personnel

13.2.5. Key Product/Services

13.3.             Zhengzhou Hanfa Imp & Exp Trading Co. Ltd.

13.3.1. Business Overview

13.3.2. Key Revenue and Financials

13.3.3. Recent Developments

13.3.4. Key Personnel

13.3.5. Key Product/Services

13.4.             Terex Corporation  

13.4.1. Business Overview

13.4.2. Key Revenue and Financials

13.4.3. Recent Developments

13.4.4. Key Personnel

13.4.5. Key Product/Services

13.5.             Little Beaver Inc   

13.5.1. Business Overview

13.5.2. Key Revenue and Financials

13.5.3. Recent Developments

13.5.4. Key Personnel

13.5.5. Key Product/Services

13.6.             Marl Technologies Inc   

13.6.1. Business Overview

13.6.2. Key Revenue and Financials

13.6.3. Recent Developments

13.6.4. Key Personnel

13.6.5. Key Product/Services

13.7.             Total Drilling Supply LLC   

13.7.1. Business Overview

13.7.2. Key Revenue and Financials

13.7.3. Recent Developments

13.7.4. Key Personnel

13.7.5. Key Product/Services

13.8.             Beijing Cortech Drilling Equipment Co. Ltd.  

13.8.1. Business Overview

13.8.2. Key Revenue and Financials

13.8.3. Recent Developments

13.8.4. Key Personnel

13.8.5. Key Product/Services

13.9.             Barbco Inc.  

13.9.1. Business Overview

13.9.2. Key Revenue and Financials

13.9.3. Recent Developments

13.9.4. Key Personnel

13.9.5. Key Product/Services

14. Strategic Recommendations

About Us & Disclaimer        

Figures and Tables

Frequently asked questions

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The market size of the Global Oil & Gas Auger Drilling Market was USD 1.37 Billion in 2022.

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The Global Oil & Gas Auger Drilling Market is dominated by the Bucket Auger segment in 2022.

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Subsurface Variability and Complexity are expected to hinder market growth during the forecast period.

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Infrastructure Development & Urbanization and Environmental Site Assessment & Remediation, are expected to drive the growth the expansion of the market.

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Parvati Sharma

Account Manager BD
Press Release

Bucket Auger Segment is Expected to Dominate the Global Oil & Gas Auger Drilling Market

Oct, 2023

Increasing demand for efficient and cost-effective excavation methods across various industries are a major factor attributable to the growth of the market.