What Will Be The Market Situation of Second-hand Rotary Drilling RIGS in 2025? Analysis of Price Trend

In 2025, China's second-hand construction machinery market will enter a stage of large-scale development. As a core equipment for infrastructure and new energy construction, the market situation of second-hand rotary drilling RIGS is influenced by multiple factors such as policies, supply and demand, and exports, and the price shows a structured fluctuation feature.

1. Market size expansion: As the industry enters a period dominated by stock renewal, the market size of used construction machinery is expected to reach 150 billion yuan in 2025. Due to the strong demand for photovoltaic and infrastructure projects, the proportion of rotary drilling RIGS continues to increase.

2. Two-way demand-driven: Domestic photovoltaic pile foundation and rural infrastructure projects have boosted domestic demand. Overseas emerging markets such as Southeast Asia have seen a sharp increase in the demand for high-performance and cost-effective equipment. In 2024, the export volume of second-hand equipment has already exceeded the domestic sales of new machines.

3. Core anchor point of price: The condition of the equipment plays a decisive role. XCMG and Sany models with short service life and good maintenance have a significant premium. For instance, the price of high-quality second-hand 280 model equipment is much higher than that of the basic condition model.

4. Policy regulation impact: The implementation of standards such as the "Service Specifications for Evaluation of Second-hand Equipment of Export Construction Machinery" has promoted market transparency, enhanced the price stability of compliant certified equipment, and put pressure on the prices of inferior refurbished equipment.

5. Price difference between imports and exports: Export-oriented equipment, which needs to meet international standards, has a price 10% to 15% higher than domestic sales after remanufacturing. The quotations for 200-300kn.m models in the Southeast Asian market are particularly firm.

6. Quarterly fluctuation characteristics: In the first quarter, prices stabilized due to the Spring Festival. In the second and third quarters, as demand rose during the construction peak season, the prices of high-quality second-hand equipment increased by 5% to 8% quarter-on-quarter. In the fourth quarter, there was a slight pullback as demand declined.

Overall, the second-hand rotary drilling rig market in 2025 will show a trend of "both volume and price increase, but structural differentiation". Regulatory policies and export dividends support industry growth, while equipment quality, brand and compliance have become the core price differentiators. It is recommended that purchasers focus on certification channels and balance cost performance and equipment reliability.