| Product Code: ETC10870076 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import trend of surface drilling rigs in the Madagascar market experienced a significant decline from 2020 to 2024. The Compound Annual Growth Rate (CAGR) for this period was -37.83%. In 2023-2024 specifically, there was a year-on-year decline of -90.76%, contributing to the overall decrease in imports during the specified timeframe.

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 Madagascar Surface Drilling Rig Market Overview |
3.1 Madagascar Country Macro Economic Indicators |
3.2 Madagascar Surface Drilling Rig Market Revenues & Volume, 2022 & 2032F |
3.3 Madagascar Surface Drilling Rig Market - Industry Life Cycle |
3.4 Madagascar Surface Drilling Rig Market - Porter's Five Forces |
3.5 Madagascar Surface Drilling Rig Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Madagascar Surface Drilling Rig Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Madagascar Surface Drilling Rig Market Revenues & Volume Share, By Power Source, 2022 & 2032F |
3.8 Madagascar Surface Drilling Rig Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Madagascar Surface Drilling Rig Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Madagascar Surface Drilling Rig Market Trends |
6 Madagascar Surface Drilling Rig Market, By Types |
6.1 Madagascar Surface Drilling Rig Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Madagascar Surface Drilling Rig Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Madagascar Surface Drilling Rig Market Revenues & Volume, By Rotary Drilling, 2022 - 2032F |
6.1.4 Madagascar Surface Drilling Rig Market Revenues & Volume, By Percussion Drilling, 2022 - 2032F |
6.2 Madagascar Surface Drilling Rig Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Madagascar Surface Drilling Rig Market Revenues & Volume, By Oil & Gas Extraction, 2022 - 2032F |
6.2.3 Madagascar Surface Drilling Rig Market Revenues & Volume, By Water Well Drilling, 2022 - 2032F |
6.3 Madagascar Surface Drilling Rig Market, By Power Source |
6.3.1 Overview and Analysis |
6.3.2 Madagascar Surface Drilling Rig Market Revenues & Volume, By Diesel, 2022 - 2032F |
6.3.3 Madagascar Surface Drilling Rig Market Revenues & Volume, By Electric, 2022 - 2032F |
6.4 Madagascar Surface Drilling Rig Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Madagascar Surface Drilling Rig Market Revenues & Volume, By Mining, 2022 - 2032F |
6.4.3 Madagascar Surface Drilling Rig Market Revenues & Volume, By Construction, 2022 - 2032F |
7 Madagascar Surface Drilling Rig Market Import-Export Trade Statistics |
7.1 Madagascar Surface Drilling Rig Market Export to Major Countries |
7.2 Madagascar Surface Drilling Rig Market Imports from Major Countries |
8 Madagascar Surface Drilling Rig Market Key Performance Indicators |
9 Madagascar Surface Drilling Rig Market - Opportunity Assessment |
9.1 Madagascar Surface Drilling Rig Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Madagascar Surface Drilling Rig Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Madagascar Surface Drilling Rig Market Opportunity Assessment, By Power Source, 2022 & 2032F |
9.4 Madagascar Surface Drilling Rig Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Madagascar Surface Drilling Rig Market - Competitive Landscape |
10.1 Madagascar Surface Drilling Rig Market Revenue Share, By Companies, 2025 |
10.2 Madagascar 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.
To discover high-growth global markets and optimize your business strategy:
Click Here