Drilling Machines Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Drilling Machine Manufacturers and the market is segmented by Type (Sensitive Drilling Machine, Upright Drilling Machine, Radial Drilling Machine, Gang Drilling Machine, Multiple Spindle Drilling Machine, Deep Hole Drilling Machine and Others), by End-user (Fabrication and Industrial Machinery Manufacturing, Aerospace, Heavy Equipment, Automotive, Energy Industry, Military and Defense, Oil and Gas and Others) and by Geography(North America, Latin America, Asia-Pacific, Middle East, and Africa, and Europe). The market size and forecast are provided in terms of values (USD) for all the above segments.

Drilling Machines Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Drilling Machine Market Size

Drilling Machines Market- Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Drilling Machines Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Drilling Machines Market with other markets in Manufacturing Products and Services Industry

Textiles

Metal Working and Fabrication

General Manufacturing

Manufacturing Services

Drilling Machine Market Analysis

The Drilling Machines Market is expected to register a CAGR of greater than 4% during the forecast period.

  • Taiwan-based machine tool makers recorded a total export value of USD 3.023 billion in 2022, increasing 8.6% on year, according to Taiwan Machine Tool & Accessory Builders' Association (TMBA). In 2021, China, Germany, and Japan were the powerhouses of machine tool industry worldwide. That year, China accounted for 31 percent of the world's machine tool production, while Germany and Japan each accounted for 13 percent. German manufacturers, VDW reported that new orders for machine tools increased 24% year-over-year during the second quarter of 2022, and 34% year-over-year for the first six months of 2022. For comparison, the U.S. machine tool orders rose 13.1% year-over-year during the first half of 2022. German machine-tool manufacturers' domestic orders from rose 35% during the first half of 2022, while foreign orders rose 33% during that time.
  • From the first quarter of 2021, when lockdown restrictions were eased and factories and international trade were allowed to start up again, the global drilling machines industry slowly got back on its feet. The automobile industry is one of the major end-user segments of the machine tool market. Vehicle production slowed considerably as a result of the required shutdown following the outbreak of the COVID-19 virus.
  • The growth of the market is primarily driven by the increasing demand from several end-user industries, such as automotive, aerospace, and others, across the world. Furthermore, the market is also driven by the growing demand for fabricated metal products, the development of heavy industrial equipment, advancements in manufacturing processes, and the adoption of the latest technologies. Moreover, the development of multi-purpose material removal machines, which consist of different cutting equipment in a single machine (like milling, drilling, etc.), has gained traction.
  • The drilling machines market is a sub-segment of the machine tools market; the growth of the machine tool market is a positive sign for the market studied. China is the global leader in the machine tool market. Worldwide, the machine tooling sector represented a major share in terms of production volume when compared to forming technology. The machine tool cutting sector comprises lathes, drilling machines, boring machines, milling machines, etc.
  • In addition, advancements in manufacturing machinery and government initiatives in the machine tool industry provide lucrative growth opportunities for the market. The heavy equipment segment is projected to dominate the market in the future due to an increase in demand for this equipment in the construction and manufacturing industries, where large-scale machined manufacturing requires precisely drilled holes for fittings and other connections. However, fluctuations in the prices of raw materials and a lack of skilled labor in the manufacturing sector hinder the growth of the drilling machine market globally.

Drilling Machine Industry Overview

The report covers major international players operating in the drilling machine market. The market is highly fragmented in nature, with large companies claiming significant market share.

Several key players work together, come up with new ideas, grow their businesses, win awards, and do other things to improve their products and stay competitive in the market.

Some of the key players in the drilling machines market are DMG MORI, Dalian Machine Tool Corporation, Shenyang Machine Tool Corp. Ltd. (SMTCL), ERNST LENZ Maschinenbau GmbH, Fehlmann AG, etc.

Drilling Machine Market Leaders

  1. DMG MORI

  2. Dalian Machine Tool Corporation

  3. Shenyang Machine Tool Corp Ltd (SMTCL)

  4. ERNST LENZ Maschinenbau GmbH

  5. Fehlmann AG

  6. *Disclaimer: Major Players sorted in no particular order
Drilling Machines Market Concentration
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Drilling Machine Market News

  • December 2022: Komatsu Limited (a Japanese manufacturing company) announced that it has agreed to acquire GHH Group GmbH (GHH), a manufacturer of underground mining, tunneling, and special civil engineering equipment headquartered in Gelsenkirchen, Germany. This acquisition represents a great opportunity for Komatsu to expand its offerings for underground mining equipment and accelerate new product development through synergies with Komatsu's existing team and product offerings.
  • November 2022: Nidec Corporation (a Japanese manufacturer and distributor) acquired PAMA (an Italian producer of machine tools) and its nine affiliate companies. The deal is estimated to be worth 15 billion yen (USD 108 million), according to reporting from Nikkei Asia. PAMA brought in over USD 124 million (118.3 million euros) in sales in 2021 and has production bases in Italy and China.

Drilling Machine Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

  • 2.1 Research Framework
  • 2.2 Secondary Research
  • 2.3 Primary Research
  • 2.4 Data Triangulation and Insight Generation
  • 2.5 Project Process And Structure
  • 2.6 Engagement Frameworks

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS AND DYNAMICS

  • 4.1 Current Market Scenario
  • 4.2 Technological Trends
  • 4.3 Industry Value Chain Analysis
  • 4.4 Global Manufacturing Sector (Overview, Trends, R&D, Key Statistics, etc.)
  • 4.5 Key Government Regulations and Initiatives for Manufacturing Sector
  • 4.6 Metal Working Industry Snapshot (Overview, Key Metrics, Developments, etc.)
  • 4.7 Insights on Portable Drilling Machines and its Latest Developments
  • 4.8 Spotlight on Drilling Tools (Overview, Different Types, Advancements, etc.)
  • 4.9 Impact of COVID-19 on the Market
  • 4.10 Market Dynamics
    • 4.10.1 Market Drivers
    • 4.10.2 Market Restraints/Challenges
    • 4.10.3 Market Opportunities
  • 4.11 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.11.1 Threat of New Entrants
    • 4.11.2 Bargaining Power of Buyers/Consumers
    • 4.11.3 Bargaining Power of Suppliers
    • 4.11.4 Threat of Substitute Products
    • 4.11.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Sensitive Drilling Machine
    • 5.1.2 Upright Drilling Machine
    • 5.1.3 Radial Drilling Machine
    • 5.1.4 Gang Drilling Machine
    • 5.1.5 Multiple Spindle Drilling Machine
    • 5.1.6 Deep Hole Drilling Machine
    • 5.1.7 Other Types
  • 5.2 By End-user
    • 5.2.1 Fabrication and Industrial Machinery Manufacturing
    • 5.2.2 Aerospace
    • 5.2.3 Heavy Equipment
    • 5.2.4 Automotive
    • 5.2.5 Energy Industry
    • 5.2.6 Military & Defense
    • 5.2.7 Oil & Gas
    • 5.2.8 Other End-Users
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 Middle East and Africa
    • 5.3.5 Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Overview (Market Concentration, Major Players)
  • 6.2 Company Profiles
    • 6.2.1 DMG MORI
    • 6.2.2 Dalian Machine Tool Corporation
    • 6.2.3 Shenyang Machine Tool Corp Ltd (SMTCL)
    • 6.2.4 ERNST LENZ Maschinenbau GmbH
    • 6.2.5 Fehlmann AG
    • 6.2.6 Gate Machinery International Limited
    • 6.2.7 Hsin Geeli Hardware Enterprise
    • 6.2.8 Kaufman Mfg. Co
    • 6.2.9 LTF SpA
    • 6.2.10 Minitool, Inc.
    • 6.2.11 Roku-Roku Co, Ltd
    • 6.2.12 Scantool Group
    • 6.2.13 Taiwan Winnerstech Machinery Co, Ltd
    • 6.2.14 Tongtai Machine & Tool Co, Ltd*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. APPENDIX

  • 8.1 GDP Distribution, by Activity-Key Countries
  • 8.2 Insights on Capital Flows-Key Countries
  • 8.3 Economic Statistics Manufacturing Sector, Contribution to Economy (Key Countries)
  • 8.4 Global Manufacturing Industry Statistics
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Drilling Machine Industry Segmentation

A drilling machine is a powerful tool that is used to drill holes into harder surfaces that are impossible to perform with manual force. It is used to make holes in various materials, such as wood, aluminum, steel, and concrete. It comes in a variety of sizes, capacities, and purposes. These machines are used globally in the construction sector as well as for a variety of home repair and renovation activities because of their great efficiency and ease of use. It can also be used for excavation, fittings, and other connections in the building, manufacturing, and oil and gas industries.

The Drilling Machines Market is segmented by Type (Sensitive Drilling Machine, Upright Drilling Machine, Radial Drilling Machine, Gang Drilling Machine, Multiple Spindle Drilling Machine, Deep Hole Drilling Machine and Others), by End-user (Fabrication and Industrial Machinery Manufacturing, Aerospace, Heavy Equipment, Automotive, Energy Industry, Military and Defense, Oil and Gas and Others) and by Geography(North America, Latin America, Asia-Pacific, Middle East, and Africa, and Europe). The report offers market size and forecast values (USD billion) for all the above segments.

By Type Sensitive Drilling Machine
Upright Drilling Machine
Radial Drilling Machine
Gang Drilling Machine
Multiple Spindle Drilling Machine
Deep Hole Drilling Machine
Other Types
By End-user Fabrication and Industrial Machinery Manufacturing
Aerospace
Heavy Equipment
Automotive
Energy Industry
Military & Defense
Oil & Gas
Other End-Users
By Geography North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
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Drilling Machine Market Research FAQs

What is the current Drilling Machines Market size?

The Drilling Machines Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Drilling Machines Market?

DMG MORI, Dalian Machine Tool Corporation, Shenyang Machine Tool Corp Ltd (SMTCL), ERNST LENZ Maschinenbau GmbH and Fehlmann AG are the major companies operating in the Drilling Machines Market.

Which is the fastest growing region in Drilling Machines Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Drilling Machines Market?

In 2025, the Asia-Pacific accounts for the largest market share in Drilling Machines Market.

What years does this Drilling Machines Market cover?

The report covers the Drilling Machines Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Drilling Machines Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Drilling Machine Industry Report

Statistics for the 2025 Drilling Machines market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Drilling Machines analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Drilling Machine Market Report Snapshots