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Drilling & Exploration Equipment Procurement Research Report | Published: Oct 2014

Helping businesses make better purchasing decisions, faster

Drilling & Exploration Equipment: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Drilling & Exploration Equipment procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Drilling & Exploration Equipment to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
Drilling & Exploration Equipment - Recent Price Trend

During the three years to 2014, the price of drilling and exploration equipment is anticipated to rise at an average annual rate of 2.4% to about $127,971 per unit. Moderate price growth and medium price volatility have challenged buyer power to an extent in the three-year period. Also, prices are at historical highs, having progressively expanded for a decade. As a... purchase to read more

Drilling & Exploration Equipment - Total Cost of Ownership

There are few direct and indirect costs for the buyer to consider outside the selling price of drilling and exploration equipment. Some hidden costs include maintenance service fees, financing costs and warranty costs. By taking these costs into account, buyers can make a well-informed purchasing decision.Preventative maintenance is an integral part of ensuring drilling and exploration equipment... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of drilling and exploration equipment. Types of drilling and exploration equipment include water well drilling equipment and uranium exploration equipment. Water well drilling equipment is used to drill functional water wells for drinking water, irrigation systems, sprinkler systems, ponds, swimming pools, geothermal heating and cooling systems. Uranium drilling equipment is used in the exploration of uranium, namely in the processes of open-pit and underground mining. 

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