The global diamond core drill bit market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for drilling in mining and construction applications, growing need for recycling of construction materials, and increasing demand for drilling in demolition applications.
The global diamond core drill bit market is segmented on the basis of type into blunt nose bits and core drill bits; on the basis of application into mining, construction, demolition and recycling; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).
Blunt nose bits accounted for over 50% share in 2017 owing to their high penetration rate in mining applications. Core drill bits are expected to grow at a higher CAGR than blunt nose bits during the forecast period owing to their high penetration rate in construction applications.
Mining accounted for over 50% share in 2017 owing to its high penetration rate across various regions globally due to increased demand from emerging economies such as China & India which are witnessing rapid growth rates due to industrialization & urbanization trends respectively. Demolition accounted for less than 10% share in 2017 because it has low penetration rates across various regions globally. Recycling accounted less than 10% share because it has low penetration rates across various regions globally.
North America was estimated at USD 590 million with an estimated CAGR 6%. Europe was estimated at USD 380 million with an estimated CAGR 3%. APAC was estimated at USD 290 million with an estimated CAGR 4%. MEA was estimated at USD 130 million with an estimated CAGR 2%.
Some Of The Growth Factors Of This Market:
- The increasing demand for drilling in the oil and gas industry is one of the major factors driving the growth of this market.
- Increasing demand for drilling in the oil and gas industry is one of the major factors driving the growth of this market.
- Increasing demand for drilling in mining industry is also a factor that will drive this market's growth.
- Growing population, increasing urbanization, and rising disposable income are some other factors that will drive this market's growth.
- Rising disposable income, growing population, and increasing urbanization are some other factors that will drive this market's growth.
Industry Growth Insights published a new data on “Diamond Core Drill Bit Market”. The research report is titled “Diamond Core Drill Bit Market research by Types (Blunt Nose Bits, Core Drill Bits), By Applications (Mining, Construction, Demolition, Recycling), By Players/Companies Sandvik, Husqvarna, Dixie Diamond, UKAM, Suyash Tools, Cuts Diamant, HAYDEN Diamond Bit, Atlas Copco, Diamond Vantage, DATC Diamond, Syntec Diamond Tools, KOR-IT, Mapex, TMG Manufacturing, Bosch Power Tools, ESCO, Baker Hughes, Solar Superabrasives, Vajra Tools”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Core Drill Bit Market Research Report
By Type
Blunt Nose Bits, Core Drill Bits
By Application
Mining, Construction, Demolition, Recycling
By Companies
Sandvik, Husqvarna, Dixie Diamond, UKAM, Suyash Tools, Cuts Diamant, HAYDEN Diamond Bit, Atlas Copco, Diamond Vantage, DATC Diamond, Syntec Diamond Tools, KOR-IT, Mapex, TMG Manufacturing, Bosch Power Tools, ESCO, Baker Hughes, Solar Superabrasives, Vajra Tools
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Core Drill Bit Market Report Segments:
The global Diamond Core Drill Bit market is segmented on the basis of:
Types
Blunt Nose Bits, Core Drill Bits
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Construction, Demolition, Recycling
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sandvik
- Husqvarna
- Dixie Diamond
- UKAM
- Suyash Tools
- Cuts Diamant
- HAYDEN Diamond Bit
- Atlas Copco
- Diamond Vantage
- DATC Diamond
- Syntec Diamond Tools
- KOR-IT
- Mapex
- TMG Manufacturing
- Bosch Power Tools
- ESCO
- Baker Hughes
- Solar Superabrasives
- Vajra Tools
Highlights of The Diamond Core Drill Bit Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Blunt Nose Bits
- Core Drill Bits
- By Application:
- Mining
- Construction
- Demolition
- Recycling
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diamond Core Drill Bit Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diamond core drill bit is a type of drill bit that has a diamond-coated cutting edge. This makes it ideal for drilling through hard materials, such as stone or metal.
Some of the major companies in the diamond core drill bit market are Sandvik, Husqvarna, Dixie Diamond, UKAM, Suyash Tools, Cuts Diamant, HAYDEN Diamond Bit, Atlas Copco, Diamond Vantage, DATC Diamond, Syntec Diamond Tools, KOR-IT, Mapex, TMG Manufacturing, Bosch Power Tools, ESCO, Baker Hughes, Solar Superabrasives, Vajra Tools.
The diamond core drill bit market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Core Drill Bit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diamond Core Drill Bit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diamond Core Drill Bit Market - Supply Chain
4.5. Global Diamond Core Drill Bit Market Forecast
4.5.1. Diamond Core Drill Bit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Core Drill Bit Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Core Drill Bit Market Absolute $ Opportunity
5. Global Diamond Core Drill Bit Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diamond Core Drill Bit Market Size and Volume Forecast by Type
5.3.1. Blunt Nose Bits
5.3.2. Core Drill Bits
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Core Drill Bit Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diamond Core Drill Bit Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Demolition
6.3.4. Recycling
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Core Drill Bit Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diamond Core Drill Bit Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diamond Core Drill Bit Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diamond Core Drill Bit Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diamond Core Drill Bit Demand Share Forecast, 2019-2026
9. North America Diamond Core Drill Bit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diamond Core Drill Bit Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diamond Core Drill Bit Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Demolition
9.4.4. Recycling
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Core Drill Bit Market Size and Volume Forecast by Type
9.7.1. Blunt Nose Bits
9.7.2. Core Drill Bits
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diamond Core Drill Bit Demand Share Forecast, 2019-2026
10. Latin America Diamond Core Drill Bit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diamond Core Drill Bit Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diamond Core Drill Bit Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Demolition
10.4.4. Recycling
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Core Drill Bit Market Size and Volume Forecast by Type
10.7.1. Blunt Nose Bits
10.7.2. Core Drill Bits
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diamond Core Drill Bit Demand Share Forecast, 2019-2026
11. Europe Diamond Core Drill Bit Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diamond Core Drill Bit Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diamond Core Drill Bit Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Demolition
11.4.4. Recycling
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Core Drill Bit Market Size and Volume Forecast by Type
11.7.1. Blunt Nose Bits
11.7.2. Core Drill Bits
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projctions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diamond Core Drill Bit Demand Share, 2019-2026
12. Asia Pacific Diamond Core Drill Bit Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diamond Core Drill Bit Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diamond Core Drill Bit Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Demolition
12.4.4. Recycling
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Core Drill Bit Market Size and Volume Forecast by Type
12.7.1. Blunt Nose Bits
12.7.2. Core Drill Bits
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diamond Core Drill Bit Demand Share, 2019-2026
13. Middle East & Africa Diamond Core Drill Bit Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diamond Core Drill Bit Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diamond Core Drill Bit Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. Demolition
13.4.4. Recycling
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diamond Core Drill Bit Market Size and Volume Forecast by Type
13.7.1. Blunt Nose Bits
13.7.2. Core Drill Bits
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diamond Core Drill Bit Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Core Drill Bit Market: Market Share Analysis
14.2. Diamond Core Drill Bit Distributors and Customers
14.3. Diamond Core Drill Bit Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Husqvarna
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dixie Diamond
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. UKAM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Suyash Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cuts Diamant
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HAYDEN Diamond Bit
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atlas Copco
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Diamond Vantage
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DATC Diamond
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Syntec Diamond Tools
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KOR-IT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mapex
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TMG Manufacturing
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bosch Power Tools
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ESCO
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Baker Hughes
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Solar Superabrasives
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Vajra Tools
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
