| Product Code: ETC10870068 | Publication Date: Apr 2025 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2023, Laos continued to rely heavily on surface drilling rig imports, with top exporters being China, Thailand, Vietnam, and Australia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 20.55% reflects sustained industry expansion. However, the negative growth rate of -89.38% signals recent challenges in the market. As Laos aims to enhance its drilling capabilities, understanding these trends and key players is crucial for stakeholders in the industry.

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 Laos Surface Drilling Rig Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Surface Drilling Rig Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Surface Drilling Rig Market - Industry Life Cycle |
3.4 Laos Surface Drilling Rig Market - Porter's Five Forces |
3.5 Laos Surface Drilling Rig Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Laos Surface Drilling Rig Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Laos Surface Drilling Rig Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.8 Laos Surface Drilling Rig Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Laos Surface Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Laos Surface Drilling Rig Market Trends |
6 Laos Surface Drilling Rig Market, By Types |
6.1 Laos Surface Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Laos Surface Drilling Rig Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Laos Surface Drilling Rig Market Revenues & Volume, By Rotary Drilling, 2021 - 2031F |
6.1.4 Laos Surface Drilling Rig Market Revenues & Volume, By Percussion Drilling, 2021 - 2031F |
6.2 Laos Surface Drilling Rig Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Laos Surface Drilling Rig Market Revenues & Volume, By Oil & Gas Extraction, 2021 - 2031F |
6.2.3 Laos Surface Drilling Rig Market Revenues & Volume, By Water Well Drilling, 2021 - 2031F |
6.3 Laos Surface Drilling Rig Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Laos Surface Drilling Rig Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.3.3 Laos Surface Drilling Rig Market Revenues & Volume, By Electric, 2021 - 2031F |
6.4 Laos Surface Drilling Rig Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Laos Surface Drilling Rig Market Revenues & Volume, By Mining, 2021 - 2031F |
6.4.3 Laos Surface Drilling Rig Market Revenues & Volume, By Construction, 2021 - 2031F |
7 Laos Surface Drilling Rig Market Import-Export Trade Statistics |
7.1 Laos Surface Drilling Rig Market Export to Major Countries |
7.2 Laos Surface Drilling Rig Market Imports from Major Countries |
8 Laos Surface Drilling Rig Market Key Performance Indicators |
9 Laos Surface Drilling Rig Market - Opportunity Assessment |
9.1 Laos Surface Drilling Rig Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Laos Surface Drilling Rig Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Laos Surface Drilling Rig Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.4 Laos Surface Drilling Rig Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Laos Surface Drilling Rig Market - Competitive Landscape |
10.1 Laos Surface Drilling Rig Market Revenue Share, By Companies, 2024 |
10.2 Laos Surface 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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