Views: 0 Author: Site Editor Publish Time: 2025-10-23 Origin: Site
Against the dual background of deepening infrastructure construction and upgrading high-end equipment manufacturing, the rotary drilling rig, as the core equipment for pile foundation construction, is showing distinct characteristics of policy empowerment and strong domestic dominance in its industry development. The steady expansion of the market size and the continuous improvement of industrial quality have formed a positive interaction, becoming an important epitome of the high-quality development of China's equipment manufacturing industry.
The systematic support of the policy system has built a stable and positive development environment for the rotary drilling rig industry, achieving full chain coverage from investment guarantee, technological innovation to green transformation. In terms of investment promotion, the government continues to increase its investment in the infrastructure sector, with central budget investment reaching 650 billion yuan in 2024, an increase of 8.3% compared to 2023. Among them, 12.5% of the funds are directed towards core infrastructure projects such as transportation and water conservancy, providing direct financial support for the implementation of engineering projects. The scale of local government special bond issuance remains at a high level, with a total issuance amount of 4.2 trillion yuan in 2024, a year-on-year increase of 9.6%. These funds are released through national strategic projects such as the coordinated development of Beijing Tianjin Hebei and the construction of the Guangdong Hong Kong Macao Greater Bay Area. In 2024 alone, more than 20 new rail transit projects were launched in the Guangdong Hong Kong Macao Greater Bay Area, with a total investment of 380 billion yuan, directly generating a large demand for the purchase of rotary drilling rigs.
In terms of incentivizing technological innovation, special support at the national level is being precisely implemented. In 2024, the Ministry of Science and Technology will launch a special project to tackle key technologies in intelligent construction equipment. Core technologies such as intelligent control systems for rotary drilling rigs and remote operation and maintenance platforms will be included in the research and development focus. A total of 960 million yuan of special funds will be invested throughout the year, and this investment is expected to increase to 1.12 billion yuan by 2025, continuously promoting the upgrading of equipment towards intelligence and unmanned operation. Tax preferential policies have effectively alleviated the financial pressure on enterprises. In 2024, the value-added tax deferred and refunded amount for high-end equipment manufacturing enterprises reached 170 billion yuan, a year-on-year increase of 11.4%. Rotary drilling rig manufacturing enterprises have increased their research and development investment and accelerated the transformation of technological achievements by leveraging policy dividends.
The rigid constraints of environmental policies further promote the green transformation of the industry. In 2024, the Ministry of Ecology and Environment released the "Technical Guidelines for Non Road Mobile Source Pollutant Emission Control", which significantly increased the emission standards for construction machinery. Industry enterprises actively responded to the upgrading of the National VI standard. By 2024, the penetration rate of National VI standard products had reached 68%, an increase of 15 percentage points from 2023. It is expected that this proportion will exceed 80% by 2025. At the same time, the implementation of the "Several Opinions on Promoting the Development of Engineering General Contracting Mode" has accelerated the process of centralized equipment procurement. By 2024, the application proportion of EPC mode in infrastructure projects will reach 42%, and it is expected to increase to 47% by 2025, further optimizing the market demand structure of rotary drilling rigs.
After years of technological accumulation and market experience, domestic rotary drilling rigs have completely reversed the passive situation of relying on imports, and have comprehensively surpassed imported brands in terms of market share, technical strength, service system, and other dimensions. In 2024, the sales volume of China's rotary drilling rig market reached 32500 units, a year-on-year increase of 9.76%. Among them, the market share of domestic brands was as high as 80%, forming an absolute dominant position. The leading role of top enterprises is particularly prominent, with Sany Heavy Industry ranking first in the industry with a market share of 30.2%, followed closely by XCMG Machinery and Zoomlion Heavy Industry Science and Technology. The total market share of the three enterprises exceeds 69%, and the concentration of the top four reaches 85%, building a stable competitive landscape for the top.
The core competitiveness of domestic equipment lies in the dual breakthroughs of technological iteration and market adaptation. In terms of product structure upgrade, the proportion of medium and large equipment continues to rise. In 2024, the sales of medium and large rotary drilling rigs with drilling diameters greater than 2 meters reached 12800 units, accounting for 39.3% of the overall sales, an increase of 2.1 percentage points compared to 2023. Its strong construction efficiency and adaptability to complex geology perfectly match the construction needs of major projects such as the Sichuan Tibet Railway and large bridges. The electrification transformation has become a new advantage for domestic equipment. In 2024, the sales of electric rotary drilling rigs exceeded 1500 units for the first time, a year-on-year increase of 45%. Innovative products represented by the Sany SR275E hybrid rotary drilling rig achieve intelligent switching between three power modes: hybrid, plug-in, and pure battery. The energy consumption cost is reduced by 70% in plug-in mode and 50% in hybrid mode. At the same time, it is equipped with an L2 level intelligent control system, supporting functions such as automatic drilling and soil throwing, demonstrating the multidimensional advantages of "high efficiency+energy saving+intelligence".
In terms of market adaptation and service guarantee, domestic brands have a more localized advantage. In response to the vast territory and complex geological conditions of China, domestic equipment has formed a product matrix covering multiple scenarios such as ordinary soil layers, frozen soil, and quicksand, which can provide customized solutions for engineering projects in different regions. In terms of regional market distribution, demand concentrated areas such as East China, South China, and Southwest China have formed a complete service network. In 2024, the sales volume of East China reached 11200 units, accounting for 34.4% of the national total, South China sold 8600 units, a year-on-year increase of 11.2%, and Southwest China sold 7300 units, a year-on-year increase of 10.6%. The rapid response ability of localized service teams is significantly better than that of foreign brands.
The current rotary drilling rig industry is in a critical stage of structural upgrading and global expansion, facing many challenges while new growth points continue to emerge. From the perspective of development trends, the penetration rate of mid to high end products will continue to increase. By 2025, the market share of core models has reached 45%, and it is expected to exceed 50% by 2030. The trend of the integration of intelligence and electrification is more obvious, and technologies such as remote operation and maintenance and intelligent scheduling will gradually be applied on a large scale. The overseas market has become a new growth engine. In 2024, China's export of construction machinery will reach 38 billion US dollars, up 12.7% year on year, of which the export of rotary drilling rigs will grow 18.4% year on year. Driven by the infrastructure demand of countries along the "the Belt and Road", the export growth rate of rotary drilling rigs is expected to reach 20.1% in 2025.
However, the development of the industry still faces multiple pressures, and market competition presents complex characteristics: imported equipment still maintains a certain competitiveness in the high-end market, the problem of homogeneous competition among domestic enterprises has not been fully resolved, and the circulation of second-hand equipment has also had a certain impact on the new market. On the technical level, there is still a gap between the reliability of some core components and the international top level, and traditional issues such as drill pipe failure rate and engine power adaptability need to be continuously broken through. In addition, factors such as expensive equipment prices and high operating costs also constrain the equipment updates of small and medium-sized construction enterprises.
Overall, driven by the continuous support of policies and the iteration of domestic technology, the rotary drilling rig industry is breaking through bottlenecks and accelerating its progress. With the completion of the 14th Five Year Plan and the deepening of globalization layout, domestic enterprises will further consolidate their advantages through technological innovation, product upgrading, and service optimization. The industry is expected to achieve higher quality development on the path of high-end, green, and international development.
