Industry: Machinery & Equipment
Published Date: 2024-01-05
Pages: 99 Pages
Report ld: 2141479
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Drilling Machine Market Size(US$)

CAGR 2024-2030
4%
Market Size,2030
USD 20,550
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
Drilling Machine is a complex machine consisting of a machine, a crew, and a mechanism. Drilling rigs are mechanical devices that drive drilling tools to drill underground and obtain physical geological data in the exploration or development of mineral resources such as solid ore, liquid ore and gas ore. Also known as drilling machine. The main role is to drive the drilling tool to crush the rock at the bottom of the hole, and to drill or raise the drill in the hole. It can be used to drill cores, cores, cuttings, gas samples, liquid samples in order to explore underground geological and mineral resources.
The global Drilling Machine market was valued at US$ 15540 million in 2023 and is anticipated to reach US$ 20550 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
First of all, increasing demand for Drilling Machine Market is expected to result in the growth of the market. Rapid industrialization in the Asia-Pacific region drives the demand of drilling machine in this region. Venezuela, Kuwait, Saudi Arabia, UAE, Canada, Iran and Iraq are to witness a significant growth over the forecast period owing to discovery of new oil reserves in these areas. Second, this industry research report identifies the exponential increase in the demand for fabricated metal products to be one of the major factors that will have a positive impact on the growth of this market in the coming years. This is because fabricated metals are mainly used in manufacturing and construction. The rise in demand for fabricated metals across the globe will boost the growth of the drilling equipment market. APAC is expected to witness rise in demand for drilling equipment, and China and South Korea is estimated to dominate this market in forecast period year.
This report aims to provide a comprehensive presentation of the global market for Drilling Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drilling Machine.
MARKET SEGMENTATION
REPORT SCOPE
The Drilling Machine market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Drilling Machine market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Drilling Machine manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Drilling Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Drilling Machine by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Drilling Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Drilling Machine Market Overview
1.1 Product Definition
1.2 Drilling Machine Segment by Type
1.2.1 Global Drilling Machine Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Portable Drilling Machine
1.2.3 Hand Drilling Machine
1.2.4 Sensitive Drilling Machine
1.2.5 Bench Drilling Machine
1.2.6 Upright Drilling Machine
1.2.7 Radial Drilling Machine
1.2.8 Gang Drilling Machine
1.2.9 Multiple Spindle Drilling Machine
1.2.10 Deep Hole Drilling Machine
1.3 Drilling Machine Segment by Application
1.3.1 Global Drilling Machine Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Wood Working
1.3.3 Metal Working
1.3.4 Oil Well Drilling
1.4 Global Market Growth Prospects
1.4.1 Global Drilling Machine Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Drilling Machine Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Drilling Machine Production Estimates and Forecasts (2019-2030)
1.4.4 Global Drilling Machine Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Drilling Machine Production Market Share by Manufacturers (2019-2024)
2.2 Global Drilling Machine Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Drilling Machine, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Drilling Machine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Drilling Machine Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Drilling Machine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Drilling Machine, Product Offered and Application
2.8 Global Key Manufacturers of Drilling Machine, Date of Enter into This Industry
2.9 Drilling Machine Market Competitive Situation and Trends
2.9.1 Drilling Machine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Drilling Machine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Drilling Machine Production by Region
3.1 Global Drilling Machine Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Drilling Machine Production Value by Region (2019-2030)
3.2.1 Global Drilling Machine Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Drilling Machine by Region (2025-2030)
3.3 Global Drilling Machine Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Drilling Machine Production by Region (2019-2030)
3.4.1 Global Drilling Machine Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Drilling Machine by Region (2025-2030)
3.5 Global Drilling Machine Market Price Analysis by Region (2019-2024)
3.6 Global Drilling Machine Production and Value, Year-over-Year Growth
3.6.1 North America Drilling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Drilling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Drilling Machine Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Drilling Machine Production Value Estimates and Forecasts (2019-2030)
4 Drilling Machine Consumption by Region
4.1 Global Drilling Machine Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Drilling Machine Consumption by Region (2019-2030)
4.2.1 Global Drilling Machine Consumption by Region (2019-2024)
4.2.2 Global Drilling Machine Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Drilling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Drilling Machine Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Drilling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Drilling Machine Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Drilling Machine Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Drilling Machine Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Drilling Machine Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Drilling Machine Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Drilling Machine Production by Type (2019-2030)
5.1.1 Global Drilling Machine Production by Type (2019-2024)
5.1.2 Global Drilling Machine Production by Type (2025-2030)
5.1.3 Global Drilling Machine Production Market Share by Type (2019-2030)
5.2 Global Drilling Machine Production Value by Type (2019-2030)
5.2.1 Global Drilling Machine Production Value by Type (2019-2024)
5.2.2 Global Drilling Machine Production Value by Type (2025-2030)
5.2.3 Global Drilling Machine Production Value Market Share by Type (2019-2030)
5.3 Global Drilling Machine Price by Type (2019-2030)
6 Segment by Application
6.1 Global Drilling Machine Production by Application (2019-2030)
6.1.1 Global Drilling Machine Production by Application (2019-2024)
6.1.2 Global Drilling Machine Production by Application (2025-2030)
6.1.3 Global Drilling Machine Production Market Share by Application (2019-2030)
6.2 Global Drilling Machine Production Value by Application (2019-2030)
6.2.1 Global Drilling Machine Production Value by Application (2019-2024)
6.2.2 Global Drilling Machine Production Value by Application (2025-2030)
6.2.3 Global Drilling Machine Production Value Market Share by Application (2019-2030)
6.3 Global Drilling Machine Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NewTech Drilling Products
7.1.1 NewTech Drilling Products Drilling Machine Corporation Information
7.1.2 NewTech Drilling Products Drilling Machine Product Portfolio
7.1.3 NewTech Drilling Products Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NewTech Drilling Products Main Business and Markets Served
7.1.5 NewTech Drilling Products Recent Developments/Updates
7.2 GE(Baker Hughes)
7.2.1 GE(Baker Hughes) Drilling Machine Corporation Information
7.2.2 GE(Baker Hughes) Drilling Machine Product Portfolio
7.2.3 GE(Baker Hughes) Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE(Baker Hughes) Main Business and Markets Served
7.2.5 GE(Baker Hughes) Recent Developments/Updates
7.3 Cheston
7.3.1 Cheston Drilling Machine Corporation Information
7.3.2 Cheston Drilling Machine Product Portfolio
7.3.3 Cheston Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Cheston Main Business and Markets Served
7.3.5 Cheston Recent Developments/Updates
7.4 National Oilwell Varco
7.4.1 National Oilwell Varco Drilling Machine Corporation Information
7.4.2 National Oilwell Varco Drilling Machine Product Portfolio
7.4.3 National Oilwell Varco Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.4.4 National Oilwell Varco Main Business and Markets Served
7.4.5 National Oilwell Varco Recent Developments/Updates
7.5 Halliburton
7.5.1 Halliburton Drilling Machine Corporation Information
7.5.2 Halliburton Drilling Machine Product Portfolio
7.5.3 Halliburton Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Halliburton Main Business and Markets Served
7.5.5 Halliburton Recent Developments/Updates
7.6 Atlas Copco
7.6.1 Atlas Copco Drilling Machine Corporation Information
7.6.2 Atlas Copco Drilling Machine Product Portfolio
7.6.3 Atlas Copco Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Atlas Copco Main Business and Markets Served
7.6.5 Atlas Copco Recent Developments/Updates
7.7 Torquado Drilling Accessories
7.7.1 Torquado Drilling Accessories Drilling Machine Corporation Information
7.7.2 Torquado Drilling Accessories Drilling Machine Product Portfolio
7.7.3 Torquado Drilling Accessories Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Torquado Drilling Accessories Main Business and Markets Served
7.7.5 Torquado Drilling Accessories Recent Developments/Updates
7.8 DATRON
7.8.1 DATRON Drilling Machine Corporation Information
7.8.2 DATRON Drilling Machine Product Portfolio
7.8.3 DATRON Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.8.4 DATRON Main Business and Markets Served
7.7.5 DATRON Recent Developments/Updates
7.9 DMTG
7.9.1 DMTG Drilling Machine Corporation Information
7.9.2 DMTG Drilling Machine Product Portfolio
7.9.3 DMTG Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.9.4 DMTG Main Business and Markets Served
7.9.5 DMTG Recent Developments/Updates
7.10 DMG MORI
7.10.1 DMG MORI Drilling Machine Corporation Information
7.10.2 DMG MORI Drilling Machine Product Portfolio
7.10.3 DMG MORI Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.10.4 DMG MORI Main Business and Markets Served
7.10.5 DMG MORI Recent Developments/Updates
7.11 SMTCL
7.11.1 SMTCL Drilling Machine Corporation Information
7.11.2 SMTCL Drilling Machine Product Portfolio
7.11.3 SMTCL Drilling Machine Production, Value, Price and Gross Margin (2019-2024)
7.11.4 SMTCL Main Business and Markets Served
7.11.5 SMTCL Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Drilling Machine Industry Chain Analysis
8.2 Drilling Machine Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Drilling Machine Production Mode & Process
8.4 Drilling Machine Sales and Marketing
8.4.1 Drilling Machine Sales Channels
8.4.2 Drilling Machine Distributors
8.5 Drilling Machine Customers
9 Drilling Machine Market Dynamics
9.1 Drilling Machine Industry Trends
9.2 Drilling Machine Market Drivers
9.3 Drilling Machine Market Challenges
9.4 Drilling Machine Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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Drilling Machine is a complex machine consisting of a machine, a crew, and a mechanism. Drilling rigs are mechanical devices that drive drilling tools to drill underground and obtain physical geological data in the exploration or development of mineral resources such as solid ore, liquid ore and gas ore. Also known as drilling machine. The main role is to drive the drilling tool to crush the rock at the bottom of the hole, and to drill or raise the drill in the hole. It can be used to drill cores, cores, cuttings, gas samples, liquid samples in order to explore underground geological and mineral resources.
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Published: 2026-03-09
Pages: 135
The global Drilling Machine market is projected to grow from US$ 17410 million in 2025 to US$ 22870 million by 2032, at a CAGR of 4.0% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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The global Drilling Machine market is projected to grow from US$ 16800 million in 2024 to US$ 22070 million by 2031, at a CAGR of 4.0% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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Drilling Machine is a complex machine consisting of a machine, a crew, and a mechanism. Drilling rigs are mechanical devices that drive drilling tools to drill underground and obtain physical geological data in the exploration or development of mineral resources such as solid ore, liquid ore and gas ore. Also known as drilling machine. The main role is to drive the drilling tool to crush the rock at the bottom of the hole, and to drill or raise the drill in the hole. It can be used to drill cores, cores, cuttings, gas samples, liquid samples in order to explore underground geological and mineral resources.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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