| Product Code: ETC12623592 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of land drilling rigs to Guyana in 2024 saw significant growth, with top exporting countries including China, USA, Canada, Mexico, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from moderate to very high in 2024, reflecting a more concentrated market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 78.87%, indicating a rapidly expanding market. Furthermore, the growth rate from 2023 to 2024 was 10.86%, highlighting the continued momentum in the import of land drilling rigs to Guyana.

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 Guyana Land Drilling Rig Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Land Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Land Drilling Rig Market - Industry Life Cycle |
3.4 Guyana Land Drilling Rig Market - Porter's Five Forces |
3.5 Guyana Land Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Land Drilling Rig Market Revenues & Volume Share, By Drilling Method, 2021 & 2031F |
3.7 Guyana Land Drilling Rig Market Revenues & Volume Share, By Operation Mode, 2021 & 2031F |
3.8 Guyana Land Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Guyana Land Drilling Rig Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
4 Guyana Land Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in oil and gas exploration activities in Guyana |
4.2.2 Increasing investments in infrastructure development in Guyana |
4.2.3 Technological advancements in land drilling rig equipment |
4.3 Market Restraints |
4.3.1 Fluctuations in global oil prices |
4.3.2 Regulatory challenges and environmental concerns related to drilling activities in Guyana |
5 Guyana Land Drilling Rig Market Trends |
6 Guyana Land Drilling Rig Market, By Types |
6.1 Guyana Land Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Land Drilling Rig Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guyana Land Drilling Rig Market Revenues & Volume, By Rotary Drilling Rig, 2021 - 2031F |
6.1.4 Guyana Land Drilling Rig Market Revenues & Volume, By Cable Tool Drilling Rig, 2021 - 2031F |
6.1.5 Guyana Land Drilling Rig Market Revenues & Volume, By Auger Drilling Rig, 2021 - 2031F |
6.1.6 Guyana Land Drilling Rig Market Revenues & Volume, By Percussion Drilling Rig, 2021 - 2031F |
6.1.7 Guyana Land Drilling Rig Market Revenues & Volume, By Hydraulic Drilling Rig, 2021 - 2031F |
6.2 Guyana Land Drilling Rig Market, By Drilling Method |
6.2.1 Overview and Analysis |
6.2.2 Guyana Land Drilling Rig Market Revenues & Volume, By Vertical Drilling, 2021 - 2031F |
6.2.3 Guyana Land Drilling Rig Market Revenues & Volume, By Horizontal Drilling, 2021 - 2031F |
6.2.4 Guyana Land Drilling Rig Market Revenues & Volume, By Directional Drilling, 2021 - 2031F |
6.2.5 Guyana Land Drilling Rig Market Revenues & Volume, By Multi-Angle Drilling, 2021 - 2031F |
6.2.6 Guyana Land Drilling Rig Market Revenues & Volume, By Fracking, 2021 - 2031F |
6.3 Guyana Land Drilling Rig Market, By Operation Mode |
6.3.1 Overview and Analysis |
6.3.2 Guyana Land Drilling Rig Market Revenues & Volume, By Automatic, 2021 - 2031F |
6.3.3 Guyana Land Drilling Rig Market Revenues & Volume, By Semi-Automatic, 2021 - 2031F |
6.3.4 Guyana Land Drilling Rig Market Revenues & Volume, By Manual, 2021 - 2031F |
6.3.5 Guyana Land Drilling Rig Market Revenues & Volume, By Remote-Controlled, 2021 - 2031F |
6.3.6 Guyana Land Drilling Rig Market Revenues & Volume, By Autonomous, 2021 - 2031F |
6.4 Guyana Land Drilling Rig Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Guyana Land Drilling Rig Market Revenues & Volume, By Onshore Oil Extraction, 2021 - 2031F |
6.4.3 Guyana Land Drilling Rig Market Revenues & Volume, By Natural Gas Extraction, 2021 - 2031F |
6.4.4 Guyana Land Drilling Rig Market Revenues & Volume, By Geothermal Drilling, 2021 - 2031F |
6.4.5 Guyana Land Drilling Rig Market Revenues & Volume, By Water Well Drilling, 2021 - 2031F |
6.4.6 Guyana Land Drilling Rig Market Revenues & Volume, By Soil Sampling, 2021 - 2031F |
6.5 Guyana Land Drilling Rig Market, By Power Source |
6.5.1 Overview and Analysis |
6.5.2 Guyana Land Drilling Rig Market Revenues & Volume, By Electric, 2021 - 2031F |
6.5.3 Guyana Land Drilling Rig Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.5.4 Guyana Land Drilling Rig Market Revenues & Volume, By Hydraulic, 2021 - 2031F |
6.5.5 Guyana Land Drilling Rig Market Revenues & Volume, By Pneumatic, 2021 - 2031F |
6.5.6 Guyana Land Drilling Rig Market Revenues & Volume, By Solar-Powered, 2021 - 2031F |
7 Guyana Land Drilling Rig Market Import-Export Trade Statistics |
7.1 Guyana Land Drilling Rig Market Export to Major Countries |
7.2 Guyana Land Drilling Rig Market Imports from Major Countries |
8 Guyana Land Drilling Rig Market Key Performance Indicators |
8.1 Average daily rate for land drilling rigs in Guyana |
8.2 Utilization rate of land drilling rigs in Guyana |
8.3 Number of new drilling projects initiated in Guyana |
8.4 Average age of land drilling rig fleet in Guyana |
8.5 Rate of adoption of advanced drilling technologies in Guyana |
9 Guyana Land Drilling Rig Market - Opportunity Assessment |
9.1 Guyana Land Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Land Drilling Rig Market Opportunity Assessment, By Drilling Method, 2021 & 2031F |
9.3 Guyana Land Drilling Rig Market Opportunity Assessment, By Operation Mode, 2021 & 2031F |
9.4 Guyana Land Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Guyana Land Drilling Rig Market Opportunity Assessment, By Power Source, 2021 & 2031F |
10 Guyana Land Drilling Rig Market - Competitive Landscape |
10.1 Guyana Land Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Guyana Land Drilling Rig Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |