| Product Code: ETC6960351 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Denmark saw a decline in geothermal drilling rig imports with a negative compound annual growth rate (CAGR) of -9.79% from 2020 to 2024. The top exporting countries to Denmark included Germany, Switzerland, UK, Sweden, and Norway (excluding Svalbard and Jan Mayen). Despite a decrease in growth rate from 2023 to 2024 at -20.1%, the Herfindahl-Hirschman Index (HHI) indicated moderate market concentration. Denmark continues to rely on key European suppliers for its geothermal drilling rig imports, showcasing a stable yet evolving market landscape.

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 Denmark Geothermal Drilling Rig Market Overview |
3.1 Denmark Country Macro Economic Indicators |
3.2 Denmark Geothermal Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Denmark Geothermal Drilling Rig Market - Industry Life Cycle |
3.4 Denmark Geothermal Drilling Rig Market - Porter's Five Forces |
3.5 Denmark Geothermal Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Denmark Geothermal Drilling Rig Market Revenues & Volume Share, By Drill Bit, 2021 & 2031F |
3.7 Denmark Geothermal Drilling Rig Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Denmark Geothermal Drilling Rig Market Revenues & Volume Share, By Horsepower, 2021 & 2031F |
4 Denmark Geothermal Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Denmark Geothermal Drilling Rig Market Trends |
6 Denmark Geothermal Drilling Rig Market, By Types |
6.1 Denmark Geothermal Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Conventional, 2021- 2031F |
6.1.4 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Portable, 2021- 2031F |
6.2 Denmark Geothermal Drilling Rig Market, By Drill Bit |
6.2.1 Overview and Analysis |
6.2.2 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Polycrystalline Diamond Compact (PDC) Bit, 2021- 2031F |
6.2.3 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Roller Cutting Bit, 2021- 2031F |
6.2.4 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Others (including Hybrid), 2021- 2031F |
6.3 Denmark Geothermal Drilling Rig Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Denmark Geothermal Drilling Rig Market Revenues & Volume, By District Heating, 2021- 2031F |
6.3.3 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Power Plants, 2021- 2031F |
6.4 Denmark Geothermal Drilling Rig Market, By Horsepower |
6.4.1 Overview and Analysis |
6.4.2 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Below 900 HP, 2021- 2031F |
6.4.3 Denmark Geothermal Drilling Rig Market Revenues & Volume, By Above 900 HP, 2021- 2031F |
7 Denmark Geothermal Drilling Rig Market Import-Export Trade Statistics |
7.1 Denmark Geothermal Drilling Rig Market Export to Major Countries |
7.2 Denmark Geothermal Drilling Rig Market Imports from Major Countries |
8 Denmark Geothermal Drilling Rig Market Key Performance Indicators |
9 Denmark Geothermal Drilling Rig Market - Opportunity Assessment |
9.1 Denmark Geothermal Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Denmark Geothermal Drilling Rig Market Opportunity Assessment, By Drill Bit, 2021 & 2031F |
9.3 Denmark Geothermal Drilling Rig Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Denmark Geothermal Drilling Rig Market Opportunity Assessment, By Horsepower, 2021 & 2031F |
10 Denmark Geothermal Drilling Rig Market - Competitive Landscape |
10.1 Denmark Geothermal Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Denmark Geothermal Drilling Rig Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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