| Product Code: ETC7390597 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala saw significant growth in drilling rig imports in 2024, with top exporters being Italy, China, USA, Germany, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for new entrants. Despite a strong compound annual growth rate (CAGR) of 20.56% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -35.43%. This shift may signal a temporary slowdown or market adjustment but does not negate the overall positive trend in drilling rig imports to Guatemala.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Drilling Rig Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Drilling Rig Market - Industry Life Cycle |
3.4 Guatemala Drilling Rig Market - Porter's Five Forces |
3.5 Guatemala Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Drilling Rig Market Revenues & Volume Share, By Location of Deployment, 2021 & 2031F |
3.7 Guatemala Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in oil and gas exploration activities in Guatemala |
4.2.2 Increasing investments in renewable energy projects |
4.2.3 Government initiatives to boost infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating oil prices impacting drilling activities |
4.3.2 Environmental concerns and regulations affecting drilling operations |
4.3.3 Limited availability of skilled labor in the drilling industry |
5 Guatemala Drilling Rig Market Trends |
6 Guatemala Drilling Rig Market, By Types |
6.1 Guatemala Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Drilling Rig Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Drilling Rig Market Revenues & Volume, By Jackup, 2021- 2031F |
6.1.4 Guatemala Drilling Rig Market Revenues & Volume, By Semi-submersible, 2021- 2031F |
6.1.5 Guatemala Drilling Rig Market Revenues & Volume, By Drillship, 2021- 2031F |
6.1.6 Guatemala Drilling Rig Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Guatemala Drilling Rig Market, By Location of Deployment |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Drilling Rig Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Guatemala Drilling Rig Market Revenues & Volume, By Offshore, 2021- 2031F |
6.3 Guatemala Drilling Rig Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Drilling Rig Market Revenues & Volume, By Oil and Gas, 2021- 2031F |
6.3.3 Guatemala Drilling Rig Market Revenues & Volume, By Mining, 2021- 2031F |
6.3.4 Guatemala Drilling Rig Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Drilling Rig Market Import-Export Trade Statistics |
7.1 Guatemala Drilling Rig Market Export to Major Countries |
7.2 Guatemala Drilling Rig Market Imports from Major Countries |
8 Guatemala Drilling Rig Market Key Performance Indicators |
8.1 Number of new oil and gas exploration projects initiated in Guatemala |
8.2 Investment trends in renewable energy projects in the country |
8.3 Infrastructure development projects awarded by the government |
8.4 Utilization rate of drilling rigs in Guatemala |
8.5 Percentage of skilled labor in the drilling industry compared to total workforce |
9 Guatemala Drilling Rig Market - Opportunity Assessment |
9.1 Guatemala Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Drilling Rig Market Opportunity Assessment, By Location of Deployment, 2021 & 2031F |
9.3 Guatemala Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Drilling Rig Market - Competitive Landscape |
10.1 Guatemala Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Drilling Rig Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |