Market Overview:
The global diamond core drills bits market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for diamond core drills bits in the construction industry, petrochemical industry, mining and other applications. In terms of type, the surface set diamond bit segment is expected to lead the global diamond core drills bits market during the forecast period. This can be attributed to its high wear resistance and durability as compared to other types of diamond core drill bits available in the market.
Product Definition:
Diamond Core Drills Bits are used to drill through a variety of materials, including concrete, masonry and stone. They are also used in the mining industry to drill through rock. Diamond Core Drills Bits have a diamond-coated bit that rotates as it drills into the material. This allows for faster drilling and results in a cleaner hole with less breakage.
Surface Set Diamond Bit:
Surface set diamond bit is a type of cutting tool that utilizes the principle of pressure relief to achieve high speed and efficiency. The surface set diamond bits are manufactured with the inclusion of abrasive material on one or both sides, which helps in achieving higher cutting speeds as compared to carbide tipped tools. These products are widely used for drilling hard materials such as glass, ceramic tiles, stone and metal due to their ability to drill at high angles with less chip loss.
Impregnated Diamond Bit:
The diamond-bit is a cutting tool made up of very small diamonds. The bit is used in the core drilling process and it helps to increase the speed of drilling by reducing friction. It also provides an advantage to drill through hard materials like rock because it reduces wear and tear, which makes the bits last longer than other tools.
The global market for impregnated diamond-bit was valued at USD 856 million in 2016.
Application Insights:
The construction industry accounted for the largest share of over 30.0% in 2017 and is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing infrastructure development activities across the globe, including rail projects, road projects, bridges and tunnels, water treatment plants, airports etc. Diamond core drills are used in various constructions such as residential buildings (flat roofing), commercial buildings (hole boring), industrial building & structure (casing drilling) and others such as schools/college buildings or hospitals where there is a high risk of concrete penetration due to steel structures or pipes being embedded underground.
The demand for these bits from other industries includes oil & gas exploration/production facilities; petrochemical facilities; mining sites; geothermal power plants etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major mining countries such as Australia, India, China, and Japan. These countries are also involved in various infrastructure development activities such as construction projects and oil & gas exploration which will drive product demand over the next eight years.
North America accounted for a significant share of revenue in 2017 owing to high drilling activities across U.S., Canada, and Mexico for constructing tunnels under water ways along with other large scale projects including new buildings & roads etc.
Europe was estimated at USD X million in 2017 owing to high penetration rate of core drilling machines used for exploring petroleum reserves coupled with increasing number of onshore wells drilled by companies operating within European Union (EU).
Growth Factors:
- Increasing demand for diamond core drills bits in the construction and mining industries due to the growing population and rapid industrialization.
- Rising awareness about the benefits of using diamond core drills bits among consumers, which is resulting in an increase in their adoption across various applications.
- Technological advancements that are resulting in better performance of diamond core drills bits, thereby increasing their demand from end-users.
- Growing popularity of DIY (Do It Yourself) projects, which is driving the demand for diamond core drills bits among consumers globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diamond Core Drills Bits Market Research Report
By Type
Surface Set Diamond Bit, Impregnated Diamond Bit, Electro-plated Diamond Bit
By Application
Construction Industry, Petrochemical Industry, Mining, Others
By Companies
Erbauer, Marcrist, Titan, Diamond Products, MATEST, Eternal Tools, Husqvarna
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Diamond Core Drills Bits Market Report Segments:
The global Diamond Core Drills Bits market is segmented on the basis of:
Types
Surface Set Diamond Bit, Impregnated Diamond Bit, Electro-plated Diamond Bit
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
Construction Industry, Petrochemical Industry, Mining, Others
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:
- Erbauer
- Marcrist
- Titan
- Diamond Products
- MATEST
- Eternal Tools
- Husqvarna
Highlights of The Diamond Core Drills Bits 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:
- Surface Set Diamond Bit
- Impregnated Diamond Bit
- Electro-plated Diamond Bit
- By Application:
- Construction Industry
- Petrochemical Industry
- Mining
- Others
- 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 Drills Bits 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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- Correctly Positioning New Products
- Market Entry Strategies
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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 drills bits are designed to create a clean hole in materials. They have a sharp, diamond-shaped bit that cuts through the material with ease.
Some of the major companies in the diamond core drills bits market are Erbauer, Marcrist, Titan, Diamond Products, MATEST, Eternal Tools, Husqvarna.
The diamond core drills bits market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market - Supply Chain
4.5. Global Diamond Core Drills Bits Market Forecast
4.5.1. Diamond Core Drills Bits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diamond Core Drills Bits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diamond Core Drills Bits Market Absolute $ Opportunity
5. Global Diamond Core Drills Bits 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 Drills Bits Market Size and Volume Forecast by Type
5.3.1. Surface Set Diamond Bit
5.3.2. Impregnated Diamond Bit
5.3.3. Electro-plated Diamond Bit
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diamond Core Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
6.3.1. Construction Industry
6.3.2. Petrochemical Industry
6.3.3. Mining
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits 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 Drills Bits 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 Drills Bits Demand Share Forecast, 2019-2026
9. North America Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
9.4.1. Construction Industry
9.4.2. Petrochemical Industry
9.4.3. Mining
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diamond Core Drills Bits Market Size and Volume Forecast by Type
9.7.1. Surface Set Diamond Bit
9.7.2. Impregnated Diamond Bit
9.7.3. Electro-plated Diamond Bit
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 Drills Bits Demand Share Forecast, 2019-2026
10. Latin America Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
10.4.1. Construction Industry
10.4.2. Petrochemical Industry
10.4.3. Mining
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diamond Core Drills Bits Market Size and Volume Forecast by Type
10.7.1. Surface Set Diamond Bit
10.7.2. Impregnated Diamond Bit
10.7.3. Electro-plated Diamond Bit
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 Drills Bits Demand Share Forecast, 2019-2026
11. Europe Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
11.4.1. Construction Industry
11.4.2. Petrochemical Industry
11.4.3. Mining
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diamond Core Drills Bits Market Size and Volume Forecast by Type
11.7.1. Surface Set Diamond Bit
11.7.2. Impregnated Diamond Bit
11.7.3. Electro-plated Diamond Bit
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Drills Bits Demand Share, 2019-2026
12. Asia Pacific Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
12.4.1. Construction Industry
12.4.2. Petrochemical Industry
12.4.3. Mining
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diamond Core Drills Bits Market Size and Volume Forecast by Type
12.7.1. Surface Set Diamond Bit
12.7.2. Impregnated Diamond Bit
12.7.3. Electro-plated Diamond Bit
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 Drills Bits Demand Share, 2019-2026
13. Middle East & Africa Diamond Core Drills Bits 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 Drills Bits 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 Drills Bits Market Size and Volume Forecast by Application
13.4.1. Construction Industry
13.4.2. Petrochemical Industry
13.4.3. Mining
13.4.4. Others
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 Drills Bits Market Size and Volume Forecast by Type
13.7.1. Surface Set Diamond Bit
13.7.2. Impregnated Diamond Bit
13.7.3. Electro-plated Diamond Bit
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 Drills Bits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diamond Core Drills Bits Market: Market Share Analysis
14.2. Diamond Core Drills Bits Distributors and Customers
14.3. Diamond Core Drills Bits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Erbauer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Marcrist
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Titan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Diamond Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MATEST
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eternal Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Husqvarna
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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