Selected research
Industry Growth & Trends
Global Underground Drill Rigs Industry Growth and Trends Forecast to 2032
Market perspective
The global Underground Drill Rigs market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Underground Drill Rigs is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Underground Drill Rigs is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Underground Drill Rigs is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Underground Drill Rigs include Sandvik, VersaDrill, Mine Master, Atlas Copco (Epiroc), Boart Longyear, Arctic Drilling, Geomachine, Titan Makina and Robodrill, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Underground Drill Rigs market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Underground Drill Rigs market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Underground Drill Rigs market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Underground Drill Rigs.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Underground Drill Rigs market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Underground Drill Rigs Market by Company
Sandvik
VersaDrill
Mine Master
Atlas Copco (Epiroc)
Boart Longyear
Arctic Drilling
Geomachine
Titan Makina
Robodrill
GHH-Fahrzeuge
Omag
TMG Manufacturing
Barkom
Underground Drill Rigs Segment by Type
Diesel Engine
Electric Engine
Underground Drill Rigs Segment by Application
Mining
Metallurgy
Chemical Industry
Construction
Others
Underground Drill Rigs Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Underground Drill Rigs market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Underground Drill Rigs and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Underground Drill Rigs.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Underground Drill Rigs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Underground Drill Rigs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Diesel Engine
- Electric Engine
Applications
- Mining
- Metallurgy
- Chemical Industry
- Construction
- Others
Companies covered
- Sandvik
- VersaDrill
- Mine Master
- Atlas Copco (Epiroc)
- Boart Longyear
- Arctic Drilling
- Geomachine
- Titan Makina
- Robodrill
- GHH-Fahrzeuge
- Omag
- TMG Manufacturing
- Barkom
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Underground Drill Rigs Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Underground Drill Rigs Sales Estimates and Forecasts (2021-2032)
- 1.3 Underground Drill Rigs Market by Type
- 1.3.1 Diesel Engine
- 1.3.2 Electric Engine
- 1.4 Global Underground Drill Rigs Market Size by Type
- 1.4.1 Global Underground Drill Rigs Market Size Overview by Type (2021-2032)
- 1.4.2 Global Underground Drill Rigs Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Underground Drill Rigs Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Underground Drill Rigs Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Underground Drill Rigs Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Underground Drill Rigs Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Underground Drill Rigs Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Underground Drill Rigs Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Underground Drill Rigs Industry Trends
- 2.2 Underground Drill Rigs Industry Drivers
- 2.3 Underground Drill Rigs Industry Opportunities and Challenges
- 2.4 Underground Drill Rigs Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Underground Drill Rigs Revenue (2021-2026)
- 3.2 Global Top Players by Underground Drill Rigs Sales (2021-2026)
- 3.3 Global Top Players by Underground Drill Rigs Price (2021-2026)
- 3.4 Global Underground Drill Rigs Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Underground Drill Rigs Major Company Production Sites & Headquarters
- 3.6 Global Underground Drill Rigs Company, Product Type & Application
- 3.7 Global Underground Drill Rigs Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Underground Drill Rigs Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Underground Drill Rigs Players Market Share by Revenue in 2025
- 3.8.3 2025 Underground Drill Rigs Tier 1, Tier 2, and Tier 3
4 Underground Drill Rigs Regional Status and Outlook
- 4.1 Global Underground Drill Rigs Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Underground Drill Rigs Historic Market Size by Region
- 4.2.1 Global Underground Drill Rigs Sales in Volume by Region (2021-2026)
- 4.2.2 Global Underground Drill Rigs Sales in Value by Region (2021-2026)
- 4.2.3 Global Underground Drill Rigs Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Underground Drill Rigs Forecasted Market Size by Region
- 4.3.1 Global Underground Drill Rigs Sales in Volume by Region (2027-2032)
- 4.3.2 Global Underground Drill Rigs Sales in Value by Region (2027-2032)
- 4.3.3 Global Underground Drill Rigs Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Underground Drill Rigs by Application
- 5.1 Underground Drill Rigs Market by Application
- 5.1.1 Mining
- 5.1.2 Metallurgy
- 5.1.3 Chemical Industry
- 5.1.4 Construction
- 5.1.5 Others
- 5.2 Global Underground Drill Rigs Market Size by Application
- 5.2.1 Global Underground Drill Rigs Market Size Overview by Application (2021-2032)
- 5.2.2 Global Underground Drill Rigs Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Underground Drill Rigs Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Underground Drill Rigs Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Underground Drill Rigs Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Underground Drill Rigs Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Underground Drill Rigs Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Underground Drill Rigs Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Sandvik
- 6.1.1 Sandvik Company Information
- 6.1.2 Sandvik Business Overview
- 6.1.3 Sandvik Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Sandvik Underground Drill Rigs Product Portfolio
- 6.1.5 Sandvik Recent Developments
- 6.2 VersaDrill
- 6.2.1 VersaDrill Company Information
- 6.2.2 VersaDrill Business Overview
- 6.2.3 VersaDrill Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 VersaDrill Underground Drill Rigs Product Portfolio
- 6.2.5 VersaDrill Recent Developments
- 6.3 Mine Master
- 6.3.1 Mine Master Company Information
- 6.3.2 Mine Master Business Overview
- 6.3.3 Mine Master Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Mine Master Underground Drill Rigs Product Portfolio
- 6.3.5 Mine Master Recent Developments
- 6.4 Atlas Copco (Epiroc)
- 6.4.1 Atlas Copco (Epiroc) Company Information
- 6.4.2 Atlas Copco (Epiroc) Business Overview
- 6.4.3 Atlas Copco (Epiroc) Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Atlas Copco (Epiroc) Underground Drill Rigs Product Portfolio
- 6.4.5 Atlas Copco (Epiroc) Recent Developments
- 6.5 Boart Longyear
- 6.5.1 Boart Longyear Company Information
- 6.5.2 Boart Longyear Business Overview
- 6.5.3 Boart Longyear Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Boart Longyear Underground Drill Rigs Product Portfolio
- 6.5.5 Boart Longyear Recent Developments
- 6.6 Arctic Drilling
- 6.6.1 Arctic Drilling Company Information
- 6.6.2 Arctic Drilling Business Overview
- 6.6.3 Arctic Drilling Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Arctic Drilling Underground Drill Rigs Product Portfolio
- 6.6.5 Arctic Drilling Recent Developments
- 6.7 Geomachine
- 6.7.1 Geomachine Company Information
- 6.7.2 Geomachine Business Overview
- 6.7.3 Geomachine Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Geomachine Underground Drill Rigs Product Portfolio
- 6.7.5 Geomachine Recent Developments
- 6.8 Titan Makina
- 6.8.1 Titan Makina Company Information
- 6.8.2 Titan Makina Business Overview
- 6.8.3 Titan Makina Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Titan Makina Underground Drill Rigs Product Portfolio
- 6.8.5 Titan Makina Recent Developments
- 6.9 Robodrill
- 6.9.1 Robodrill Company Information
- 6.9.2 Robodrill Business Overview
- 6.9.3 Robodrill Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Robodrill Underground Drill Rigs Product Portfolio
- 6.9.5 Robodrill Recent Developments
- 6.10 GHH-Fahrzeuge
- 6.10.1 GHH-Fahrzeuge Company Information
- 6.10.2 GHH-Fahrzeuge Business Overview
- 6.10.3 GHH-Fahrzeuge Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 GHH-Fahrzeuge Underground Drill Rigs Product Portfolio
- 6.10.5 GHH-Fahrzeuge Recent Developments
- 6.11 Omag
- 6.11.1 Omag Company Information
- 6.11.2 Omag Business Overview
- 6.11.3 Omag Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Omag Underground Drill Rigs Product Portfolio
- 6.11.5 Omag Recent Developments
- 6.12 TMG Manufacturing
- 6.12.1 TMG Manufacturing Company Information
- 6.12.2 TMG Manufacturing Business Overview
- 6.12.3 TMG Manufacturing Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 TMG Manufacturing Underground Drill Rigs Product Portfolio
- 6.12.5 TMG Manufacturing Recent Developments
- 6.13 Barkom
- 6.13.1 Barkom Company Information
- 6.13.2 Barkom Business Overview
- 6.13.3 Barkom Underground Drill Rigs Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Barkom Underground Drill Rigs Product Portfolio
- 6.13.5 Barkom Recent Developments
7 North America by Country
- 7.1 North America Underground Drill Rigs Sales by Country
- 7.1.1 North America Underground Drill Rigs Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Underground Drill Rigs Sales by Country (2021-2026)
- 7.1.3 North America Underground Drill Rigs Sales Forecast by Country (2027-2032)
- 7.2 North America Underground Drill Rigs Market Size by Country
- 7.2.1 North America Underground Drill Rigs Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Underground Drill Rigs Market Size by Country (2021-2026)
- 7.2.3 North America Underground Drill Rigs Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Underground Drill Rigs Sales by Country
- 8.1.1 Europe Underground Drill Rigs Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Underground Drill Rigs Sales by Country (2021-2026)
- 8.1.3 Europe Underground Drill Rigs Sales Forecast by Country (2027-2032)
- 8.2 Europe Underground Drill Rigs Market Size by Country
- 8.2.1 Europe Underground Drill Rigs Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Underground Drill Rigs Market Size by Country (2021-2026)
- 8.2.3 Europe Underground Drill Rigs Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Underground Drill Rigs Sales by Country
- 9.1.1 Asia-Pacific Underground Drill Rigs Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Underground Drill Rigs Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Underground Drill Rigs Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Underground Drill Rigs Market Size by Country
- 9.2.1 Asia-Pacific Underground Drill Rigs Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Underground Drill Rigs Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Underground Drill Rigs Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Underground Drill Rigs Sales by Country
- 10.1.1 South America Underground Drill Rigs Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Underground Drill Rigs Sales by Country (2021-2026)
- 10.1.3 South America Underground Drill Rigs Sales Forecast by Country (2027-2032)
- 10.2 South America Underground Drill Rigs Market Size by Country
- 10.2.1 South America Underground Drill Rigs Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Underground Drill Rigs Market Size by Country (2021-2026)
- 10.2.3 South America Underground Drill Rigs Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Underground Drill Rigs Sales by Country
- 11.1.1 Middle East and Africa Underground Drill Rigs Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Underground Drill Rigs Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Underground Drill Rigs Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Underground Drill Rigs Market Size by Country
- 11.2.1 Middle East and Africa Underground Drill Rigs Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Underground Drill Rigs Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Underground Drill Rigs Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Underground Drill Rigs Value Chain Analysis
- 12.1.1 Underground Drill Rigs Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Underground Drill Rigs Production Mode & Process
- 12.2 Underground Drill Rigs Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Underground Drill Rigs Distributors
- 12.2.3 Underground Drill Rigs Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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