Drilling Rig Market to Exceed USD 125 Billion by 2032 Growing at 5.7% CAGR Amid 18% Surge in Global Energy Demand The global Drilling Rig market was valued at USD 78.5 billion in 2023 and is projected to reach USD 125.4 billion by 2032, expanding at a CAGR of 5.7% during 2024–2032. Global energy demand increased by 18% between 2020 and 2023, driving upstream oil and gas investments. Over 1,850 active drilling rigs were operational worldwide in 2023, reflecting a 9.4% year-over-year increase in drilling activity. Read Full Research Study: https://marketintelo.com/report/drilling-rig-market