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Drilling Equipment and Consumables
Market, Supplier, Risk and
Competitive Intelligence

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Manage Drilling Equipment and Consumables Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Drilling Equipment and Consumables related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Drilling Equipment and Consumables to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Drilling Equipment and Consumables related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Drilling Equipment and Consumables to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Global Drilling Equipment - Industry Trends
  • Market Driver Analysis - Exploration Spend
  • Supply Trends and Insights
  • Key Global Suppliers
 

Table of contents

  1. Executive Summary
  2. Global Trends
  3. Supply Market Outlook
  4. Demand Market Outlook
  5. Category Strategy Recommendation
  6. Category Opportunities & Risk
  7. Impact on Covid-19
  1. COVID-19 Section
  2. Sourcing Location Watch
  3. Supplier Watch
  4. Industry Watch
  5. COVID-19 Impact

 

  1. Market Analysis
  2. Global Market Overview
  3. Key Market Indicators
  4. Crude Steel Production: Heat Map
  5. Regional Analysis
  6. Porter's Analysis

 

  1. Market Monitoring Insights
  2. Cost Structure Analysis
  3. Commodity Price Forecast
  4. Raw Material Price Forecast
  5. Cost Analysis and Expected Savings
  6. Negotiation Support Levers
  7. Steel Tariffs

 

  1. Procurement Best Practices
  2. Sourcing Channels
  3. Supply Chain
  4. Engagement Models
  5. Contract Terms

 

  1. Supplier Analysis
  2. Key Global Suppliers
  3. Key Regional Suppliers: Capabilities
  4. Top Suppliers in Key Supply Locations: Capabilities
  5. Key Global Supplier Profile
  6. SWOT Analysis

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Global Market Outlook on Drilling Equipment and Consumables

  • Commodity price increase coupled with declining ore heads are the key market drivers
  • Shift of market focus in consumers preference in partnering equipped with best technology suppliers have been witnessed as an emerging trend in major regions such as Australia, Canada to optimize the buyer’s total cost of ownership

Market Size and Trend

  • Gold, silver, and copper mining, along with exploration projects, were among the key commodities that continued to recover from impact of the pandemic, which drive the demand for mining equipment and consumables market.

Global Drilling Equipment - Market Drivers and Constraints

Drivers

Increase in Commodity Demand/Price:

  • Commodity demand is a result of the global economic situation. The average commodity price is expected to grow between 5 percent and 6 percent until 2017. Increase in commodity demand will drive up the market for production and exploration drilling equipment.

Decrease in ore grades at mine (surface and underground mining):

  • Falling in ore grades results in increased exploration activity, which in turn, acts as a driver for the rise in demand from the drilling equipment segment. In South America, a key mining region, copper and gold head grades are expected to decline by 21 percent and 18 percent, respectively, during 2014–2024

Constraints

Mining Slowdown:

  • Reduction in mineral output from mines and closure of high cost mining operations due to the current mining industry slow down is adversely impacting drilling equipment and mining consumables demand

Reducing Exploration Spend:

  • Reduction is exploration spend in new mining activities across all major mining regions has severely impacted the demand for exploration drilling equipment. The spend in mineral exploration has decreased by 19 percent in Asia and around 12 percent in Australia in 2016

Drilling Tools Market Overview

  • Mining drilling equipment components are sourced from multiple vendors and supplier power towards equipment is medium due to the fragmented nature of the supply nature.
  • The global drilling tools market is highly concentrated with Atlas Copco and Sandvik controlling around 54 percent of the drilling equipment market.
  • Many Tier-2 and 3 brands are available but performance is suspect.
  • High intensity of rivalry due to the presence of large number of global and domestic players.
  • Since high capital investment is required, new entrants find it difficult to enter the market.
  • The mining drilling equipment market is a consolidated one and the new suppliers will take years to be on par with performance and product portfolio of Tier-1 brands.
  • The mining drilling equipment cannot be replaced by others due to the (highly) specific nature of operations, which demand usage of sophisticated drilling equipment to suit the mining conditions.
  • The future of mining consumables and equipment lies in automation and technological developments centered around reducing man-power and improving productivity. Only a few suppliers have this advanced capability.
  • Many Tier-2 and 3 brands are available but performance is suspect.
  • High intensity of rivalry due to the presence of large number of global and domestic players in the drilling tools market.
  • Mining drilling equipment cost structure pricing by suppliers is done based on raw material prices and demand of the drilling equipment.

Why Should You Buy This Report 

  • Information about mining drilling equipment market size and trends, regional overview, outlook, drivers and constraints, market driver analysis, etc.
  • Porter’s five force analysis of the global mining consumables and drilling tools market.
  • Supply trends, market share and SWOT analysis of major players like Atlas Copco, Sandvik, Caterpillar, etc.
  • Cost structure analysis, cost and price drivers analysis.
  • Best procurement models, sourcing channels best practices in the mining drilling equipment industry and risk analysis.

 

 

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