Industrial Automation & Equipment Rig and Oilfield Mats Market | Page 5

Rig and Oilfield Mats Market
Rig and oilfield mats are being adopted by a large number of oil and gas and electrical installation
operators worldwide. Rig and oilfield mats are deployed based on the operation condition as well as
budget. Wind turbines are witnessing high installation and growing demand for green energy production
and consumption will further increase their demand. Growing demand for green energy production and
consumption is leading to the growth of global rig and oilfield mats market in countries, such as the U.S.,
China, Brazil, India, Germany, the U.K. and Netherlands. Growing focus on establishing manufacturing and
distribution units for rig and oilfield mats and increasing investments in developing countries of Asia by
end-use industries will boost the demand for rig and oilfield mats over the coming years.
Global Rig and Oilfield Mats Market: Segmental Insights
Based on product type, composite mats and metal mats will continue to dominate the rig and oilfield
mats market in terms of global market share and are expected to account for approximately 37.6% and
40% shares, respectively, by the end of 2028.
Based on end use, the oil and gas industry will continue to dominate the rig and oilfield mats global
market and is expected to account for US$ XX Mn by 2028 end. The demand for rig and oilfield mats in
electrical T&D construction, wind and infrastructure construction is expected to grow faster in developing
regions, such as APEC, China and Latin America.
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