OVERVIEW
Vic Market Research Co., Ltd. is pleased to announce the release of the “Global and Chinese Exploration Rig Market Insight Report 2025–2031.”
This comprehensive study is designed to provide a structured and in-depth analysis of the Exploration Rig industry, both domestically and internationally, with a focus on the following key areas:
1.An overview and assessment of the current development status and emerging trends in the Exploration Rig industry across global and Chinese markets.
2.Estimation of the overall market size of the Exploration Rig industry, along with a detailed analysis of market share by major countries.
3.Evaluation of the development potential within various segments of the Exploration Rig industry, analysis of downstream market demand, and an examination of the competitive landscape.
4.Identification and exploration of industry pain points, aiming to support stakeholders in addressing key challenges effectively.
This report integrates extensive desk research with qualitative interviews conducted with industry experts and insiders, ensuring both the objectivity and comprehensiveness of the findings and data.
The study provides a detailed examination of the production, consumption, import, and export dynamics of the Exploration Rig market in China. It also highlights key global and domestic manufacturers that play a significant role in the Chinese market, presenting core performance indicators such as sales volume, revenue, pricing, gross margin, and market share.
Furthermore, the report delivers a thorough analysis of segmented growth within the Exploration Rig product category, including differentiation by product types, pricing, sales, revenue, and application-specific market performance. Historical data from 2020 to 2024 is incorporated, with forward-looking projections extending through 2031.
In light of the significant uncertainty introduced by the U.S. tariff policy set to take effect in 2025, the report offers a dedicated analysis of its core impacts. This includes assessments of global and regional competitive dynamics, economic linkages, supply chain restructuring, and countries’ strategic responses. The report concludes with strategic recommendations and a forward-looking outlook for the Exploration Rig market.
1. Key Global Players in the Exploration Rig Industry:
Epiroc
Bauer Maschinen GmbH
Schlumberger
Simco Drilling Equipment
Weatherford International
Baker Hughes
PRD Rigs India Private Limited
Dando Drilling International
Drillmec India
Maersk Drilling
Krd Industries
Schramm Inc
Nabors Drilling
Haliburton Company
Beretta Alfredo
Nanjing Nandi Drilling Machinery
Jining Hengwang Construction Machinery
Shandong Jujiang Machinery Manufacturing
Jining Hengwang Industrial and Mining Machinery
2.Global Exploration Rig Market, Segmented by Product Type:
Heavy Core
Compact Core
3. Global Exploration Rig Market, Segmented by Application
Construction Site
Mining
Others
4. Global Exploration Rig Market, by Geographical Region:
North America (USA and Canada)
Europe (Germany, UK, France, Italy and other European countries)
Asia-Pacific (China, Japan, Korea, Taiwan, Southeast Asia, India, etc.)
Latin America (Mexico and Brazil, etc.)
Middle East and Africa (Turkey and Saudi Arabia, etc.)
I. Exploration Rig Market Overview:
1.1 Product Definition and Statistical Scope
1.2 On the basis of different product types, Exploration Rig can be mainly categorized as follows:
Global Growth Trend of Exploration Rig by Product Type 2020 VS 2024 VS 2031
Heavy Core
Compact Core
1.3 From different applications, Exploration Rig mainly includes the following:
Global Different Applications Exploration Rig Growth Trend 2020 VS 2024 VS 2031
Construction Site
Mining
Others
1.4 Global Exploration Rig Development Status and Future Trends (2020-2031)
Global Market Exploration Rig Revenue and Growth Rate (2020-2031)
Global Market Exploration Rig Sales and Growth Rate (2020-2031)
II. Global Market Major Exploration Rig Manufacturers Analysis:
2.1 Global Market Key Manufacturers Exploration Rig Sales and Market Share
Global Market Key Manufacturers Exploration Rig Sales (2020-2025)
Global Market Major Manufacturers Exploration Rig Sales Market Share (2020-2025)
2.2 Global Market Key Manufacturers Exploration Rig Revenue and Market Share
Global Market Key Manufacturers Exploration Rig Revenue (2020-2025)
Global Market Key Manufacturers Exploration Rig Revenue Market Share (2020-2025)
Global Market Key Manufacturers Exploration Rig Revenue Ranking by 2024
2.3 Global Market Key Manufacturers Exploration Rig Price (2020-2025)
2.4 Global Market Major Manufacturers Exploration Rig Headquarter and Origin Distribution
2.5 Global Market Key Manufacturers Exploration Rig Establishment Date and Exploration Rig Commercialization Date
2.6 Global Market Major Manufacturers Exploration Rig Product Type and Application
2.7 Exploration Rig Industry Concentration, Competition Analysis
Exploration Rig Industry Concentration Analysis: Global Top 5 Manufacturers Market Share by 2024
Global Market Exploration Rig First Tier, Second Tier and Third Tier Manufacturers (Brand) and Market Share in 2024.
2.8 New Investments and Market M&A Activities
III. Profiles of the following key players:
Epiroc
Bauer Maschinen GmbH
Schlumberger
Simco Drilling Equipment
Weatherford International
Baker Hughes
PRD Rigs India Private Limited
Dando Drilling International
Drillmec India
Maersk Drilling
Krd Industries
Schramm Inc
Nabors Drilling
Haliburton Company
Beretta Alfredo
Nanjing Nandi Drilling Machinery
Jining Hengwang Construction Machinery
Shandong Jujiang Machinery Manufacturing
Jining Hengwang Industrial and Mining Machinery
1. Basic Information, Exploration Rig Manufacturing Base, Headquarters, Competitors and Market Position.
2. Exploration Rig Product Specifications, Parameters, and Market Applications .
3. Exploration Rig Sales, Revenue, Price and Gross Margin in Global Market (2020-2025).
4. Company Profile and Key Businesses.
5. Latest Company News.
IV. Analysis of Different Product Types of Exploration Rig:
4.1 Global Market Exploration Rig Sales by Product Type (2020-2031)
Global Market Sales and Market Share of Exploration Rig by Product Type (2020-2025)
Global Market Sales Forecast of Exploration Rig by Different Product Types (2026-2031)
4.2 Global Market Exploration Rig Size by Product Type (2020-2031)
Global Market Exploration Rig Size and Market Share by Product Type (2020-2025)
Global Market Size Forecast of Exploration Rig by Product Type (2026-2031)
4.3 Global Market Price Trend of Exploration Rig by Product Type (2020-2031)
V. Analysis of Exploration Rig for Different Applications
5.1 Global Market Sales of Exploration Rig by Application (2020-2031)
Global Market Exploration Rig Sales and Market Share by Application (2020-2025)
Global Market Exploration Rig Sales Forecast by Application (2026-2031)
5.2 Global Market Exploration Rig Size and Market Share by Application (2020-2025)
Global Market Exploration Rig Size Forecast by Application (2026-2031)
5.3 Global Market Price Trend of Exploration Rig by Application (2020-2031)
VI. Industry Development Environment Analysis
6.1 Development Analysis of Exploration Rig Industry - Development Trend
6.2 Exploration Rig Industry Development Analysis - Manufacturer Barriers
6.3 Exploration Rig Industry Development Analysis - Driving Factors
6.4 Exploration Rig Industry Development Analysis - Restraints
6.5 SWOT Analysis of Exploration Rig Global Companies
6.6 Exploration Rig Industry Development Analysis - Industry Policies
Industry Authorities and Regulatory Framework
Industry-related Policy Trends
Industry Related Planning
VII. Industry Supply Chain Analysis
7.1 Industry Chain Introduction of Exploration Rig Industry
7.2 Exploration Rig Industry Chain Analysis - Upstream
7.3 Exploration Rig Industry Chain Analysis - Midstream
7.4 Exploration Rig Industry Chain Analysis - Downstream
7.5 Procurement Mode of Exploration Rig Industry
7.6 Production Mode of Exploration Rig Industry
7.7 Exploration Rig Industry Sales Model and Sales Channels
VIII. Global Local Exploration Rig Capacity, Production Analysis
8.1 Global Exploration Rig Supply and Demand Status and Forecast (2020-2031)
Global Exploration Rig Capacity, Production, Capacity Utilization and Development Trend (2020-2031)
Global Exploration Rig Production, Market Demand and Development Trend (2020-2031)
8.2 Global Exploration Rig Import and Export Analysis
Global Market Exploration Rig Main Import Sources
Global Market Exploration Rig Main Export Destinations
IX. Research Findings and Conclusion
X. Appendix
10.1 Research Methodology
10.2 Data Sources
Secondary Information Sources
Primary Information Sources
10.3 Data Interactive Validation
10.4 Disclaimer”
Table of Contents
Table : Growth Trends in Exploration Rig by Product Type
Table:Growth Trend of Different Applications
Table:Current Development Status of Exploration Rig Industry
Table:Development Trend of Exploration Rig
Table:Global Major Regions Production of Exploration Rig
Table:Global Major Regions Exploration Rig Production Market Share
Table:Global Market Major Manufacturers Exploration Rig Production Capacity
Table:Global Market Major Manufacturers Exploration Rig Sales, Sales Market Share, Sales Revenue
Table:Global Market Major Manufacturers Exploration Rig Sales Revenue Market Share, Price
Table: Global Key Manufacturers Exploration Rig Revenue Ranking by 2025
Table: China Market Major Manufacturers Exploration Rig Sales, Sales Market Share, Sales Revenue
Table: China Market Key Manufacturers Exploration Rig Sales Revenue Market Share, Sales Price
Table: China Key Manufacturers Exploration Rig Revenue Ranking by 2025
Table: Global Major Manufacturers Exploration Rig Production Distribution and Commercialization Date
Table:Global Major Manufacturers Exploration Rig Product Type List
Table: Global Key Manufacturers Market Position of Exploration Rig in 2025 (First Tier, Second Tier and Third Tier)
Table: Global Exploration Rig Market Analysis of Current Status of Investments, Mergers & Acquisitions, and Others
Table: Global Major Regions Exploration Rig Sales Revenue
Table: Global Major Regions Exploration Rig Sales Revenue Market Share
Table: Global Major Regions Exploration Rig Revenue Market Share
Table: Global Major Regions Exploration Rig Sales Volume
Table: Global Major Regions Exploration Rig Sales Market Share
Table : Global Major Regions Exploration Rig Sales Share
Table : The following companies:
Epiroc
Bauer Maschinen GmbH
Schlumberger
Simco Drilling Equipment
Weatherford International
Baker Hughes
PRD Rigs India Private Limited
Dando Drilling International
Drillmec India
Maersk Drilling
Krd Industries
Schramm Inc
Nabors Drilling
Haliburton Company
Beretta Alfredo
Nanjing Nandi Drilling Machinery
Jining Hengwang Construction Machinery
Shandong Jujiang Machinery Manufacturing
Jining Hengwang Industrial and Mining Machinery
Exploration Rig Manufacturing Base, Sales Area, Competitors and Market Position
Exploration Rig Product Specifications, Parameters and Market Applications
Exploration Rig Sales, Revenue, Price and Gross Margin
Company Profile and Major Businesses
Latest Company News
Table: Global Sales of Exploration Rig by Product Type
Table: Global Sales Market Share of Exploration Rig by Product Type
Table: Global Sales Forecast of Exploration Rig by Product Type
Table: Global Sales Market Share Forecast of Exploration Rig by Product Type
Table: Global Revenue of Exploration Rig by Product Type
Table: Global Exploration Rig Revenue Market Share by Product Type
Table: Global Revenue Forecast of Exploration Rig by Product Type
Table: Global Revenue Market Share Forecast of Exploration Rig by Product Type
Table: Global Price Trend of Exploration Rig by Product Type
Table: Global Sales of Exploration Rig by Application
Table: Global Sales Market Share of Exploration Rig by Application
Table: Global Sales Forecast of Exploration Rig by Application
Table: Global Exploration Rig Sales Market Share Forecast by Application
Table: Global Exploration Rig Revenue by Application
Table: Global Exploration Rig Revenue Market Share by Application
Table: Global Exploration Rig Revenue Forecast by Application
Table: Global Exploration Rig Revenue Market Share Forecast by Application
Table: Global Price Trend of Exploration Rig by Application
Table: List of Exploration Rig Upstream Raw Material Suppliers and Contact Information
Table: List of Typical Customers of Exploration Rig
Table: Exploration Rig Main Sales Modes and Sales Channels
Table: Development Opportunities and Key Driving Factors of Exploration Rig Industry
Table: Risks Faced by Exploration Rig Industry Development
Table: Exploration Rig Industry Policy Analysis
Table: Research Scope
Table: List of Analysts
Chart Catalog
Figure Exploration Rig Product Picture
Figure Global Production Market Share of Exploration Rig by Product Type
Figure Global Exploration Rig Consumption Market Share by Application
Figure Global Exploration Rig Capacity, Production, Capacity Utilization and Development Trend
Figure Global Exploration Rig Production, Demand and Development Trend
Figure Global Exploration Rig Production Market Share by Major Regions
Figure China Exploration Rig Capacity, Production, Capacity Utilization and Development Trend
Figure China Exploration Rig Production, Market Demand and Development Trend
Figure Global Exploration Rig Market Sales and Growth Rate.
Figure Global Exploration Rig Market Size
Figure Global Market Exploration Rig Sales and Growth Rate
Figure Global Market Exploration Rig Price Trend
Figure Global Market Exploration Rig Sales Market Share of Major Manufacturers in 2025
Figure Exploration Rig Revenue Market Share of Key Manufacturers in Global Market in 2025
Figure Exploration Rig Sales Market Share of Key Manufacturers in China Market in 2025
Figure Exploration Rig Revenue Market Share of Key Manufacturers in China Market, 2025
Figure 2025 Global Exploration Rig Market Share of Top 5 Manufacturers
Figure 2025 Global Exploration Rig First Tier, Second Tier and Third Tier Manufacturers (by Brand) and Market Share
Figure Global Exploration Rig Sales Revenue Market Share by Major Regions
Figure North America Exploration Rig Sales and Growth Rate
Figure North America Exploration Rig Revenue and Growth Rate
Figure Europe Market Exploration Rig Sales and Growth Rate
Figure Europe Market Exploration Rig Revenue and Growth Rate
Figure China Exploration Rig Sales and Growth Rate
Figure China Market Exploration Rig Revenue and Growth Rate
Figure Exploration Rig Sales and Growth Rate in Japan Market
Figure Exploration Rig Revenue and Growth Rate in Japan Market
Figure Global Price Trend of Exploration Rig by Product Type
Figure Global Price Trend of Exploration Rig by Application
Figure Exploration Rig Industry Chain
Figure Exploration Rig Chinese Companies SWOT Analysis
Figure Key Interview Objectives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.