The global dowthole bits market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for dowthole bits in mining and construction applications, and growing demand for dowthole bits in blasting and quarrying applications.
The global dowthole bits market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into concave, flat face, and convex types; on the basis of application it is divided into mining, construction, blasting/quarrying; on the basis of region it includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for oil and gas exploration activities in the Middle East and North Africa region is expected to drive the growth of the Down-The-Hole Bits market.
- The increasing demand for drilling equipment in China is also expected to drive the growth of the Down-The-Hole Bits market.
- Increasing investments by major players in R&D activities are also driving the growth of this market.
- Increasing focus on safety standards by regulatory bodies such as API, ASME, and ISO are also driving this market.
Industry Growth Insights published a new data on “Down-The-Hole Bits Market”. The research report is titled “Down-The-Hole Bits Market research by Types (Concave, Flat Face, Convex), By Applications (Mining, Construction, Blasting, Quarrying), By Players/Companies Sandvik, Atlas Copco, Technidrill, Top Drill, Mitsubishi Materials, Boart Longyear, America West Drilling Supply, Rockmore International, Maxdrill Rock Tools, Numa, Robit, Palmieri, Tricon, OCMA DrillTech, Center Rock, Hardrock-Vertex, Rock Hog, Drill King, Toa-Tone Boring, Changsha Heijingang Industrial, Wuhan Kingdrilling Diamond, Vulcan”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Down-The-Hole Bits Market Research Report
By Type
Concave, Flat Face, Convex
By Application
Mining, Construction, Blasting, Quarrying
By Companies
Sandvik, Atlas Copco, Technidrill, Top Drill, Mitsubishi Materials, Boart Longyear, America West Drilling Supply, Rockmore International, Maxdrill Rock Tools, Numa, Robit, Palmieri, Tricon, OCMA DrillTech, Center Rock, Hardrock-Vertex, Rock Hog, Drill King, Toa-Tone Boring, Changsha Heijingang Industrial, Wuhan Kingdrilling Diamond, Vulcan
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Down-The-Hole Bits Market Report Segments:
The global Down-The-Hole Bits market is segmented on the basis of:
Types
Concave, Flat Face, Convex
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, Blasting, Quarrying
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
- Atlas Copco
- Technidrill
- Top Drill
- Mitsubishi Materials
- Boart Longyear
- America West Drilling Supply
- Rockmore International
- Maxdrill Rock Tools
- Numa
- Robit
- Palmieri
- Tricon
- OCMA DrillTech
- Center Rock
- Hardrock-Vertex
- Rock Hog
- Drill King
- Toa-Tone Boring
- Changsha Heijingang Industrial
- Wuhan Kingdrilling Diamond
- Vulcan
Highlights of The Down-The-Hole 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:
- Concave
- Flat Face
- Convex
- By Application:
- Mining
- Construction
- Blasting
- Quarrying
- 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 Down-The-Hole 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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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?
Down-the-hole bits are a type of drill bit used in drilling. They have a smaller diameter than standard drill bits and are designed to be inserted into the hole from below. This allows the bit to travel further down into the hole, making it easier to find and extract materials from beneath the surface.
Some of the major companies in the down-the-hole bits market are Sandvik, Atlas Copco, Technidrill, Top Drill, Mitsubishi Materials, Boart Longyear, America West Drilling Supply, Rockmore International, Maxdrill Rock Tools, Numa, Robit, Palmieri, Tricon, OCMA DrillTech, Center Rock, Hardrock-Vertex, Rock Hog, Drill King, Toa-Tone Boring, Changsha Heijingang Industrial, Wuhan Kingdrilling Diamond, Vulcan.
The down-the-hole bits market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Down-The-Hole 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. Down-The-Hole Bits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Down-The-Hole Bits Market - Supply Chain
4.5. Global Down-The-Hole Bits Market Forecast
4.5.1. Down-The-Hole Bits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Down-The-Hole Bits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Down-The-Hole Bits Market Absolute $ Opportunity
5. Global Down-The-Hole 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. Down-The-Hole Bits Market Size and Volume Forecast by Type
5.3.1. Concave
5.3.2. Flat Face
5.3.3. Convex
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Down-The-Hole 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. Down-The-Hole Bits Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Blasting
6.3.4. Quarrying
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Down-The-Hole 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. Down-The-Hole 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 Down-The-Hole 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. Down-The-Hole 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 Down-The-Hole Bits Demand Share Forecast, 2019-2026
9. North America Down-The-Hole 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 Down-The-Hole 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 Down-The-Hole Bits Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Blasting
9.4.4. Quarrying
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Down-The-Hole Bits Market Size and Volume Forecast by Type
9.7.1. Concave
9.7.2. Flat Face
9.7.3. Convex
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 Down-The-Hole Bits Demand Share Forecast, 2019-2026
10. Latin America Down-The-Hole 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 Down-The-Hole 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 Down-The-Hole Bits Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Blasting
10.4.4. Quarrying
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Down-The-Hole Bits Market Size and Volume Forecast by Type
10.7.1. Concave
10.7.2. Flat Face
10.7.3. Convex
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 Down-The-Hole Bits Demand Share Forecast, 2019-2026
11. Europe Down-The-Hole 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 Down-The-Hole 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 Down-The-Hole Bits Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Blasting
11.4.4. Quarrying
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Down-The-Hole Bits Market Size and Volume Forecast by Type
11.7.1. Concave
11.7.2. Flat Face
11.7.3. Convex
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenss/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 Down-The-Hole Bits Demand Share, 2019-2026
12. Asia Pacific Down-The-Hole 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 Down-The-Hole 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 Down-The-Hole Bits Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Blasting
12.4.4. Quarrying
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Down-The-Hole Bits Market Size and Volume Forecast by Type
12.7.1. Concave
12.7.2. Flat Face
12.7.3. Convex
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 Down-The-Hole Bits Demand Share, 2019-2026
13. Middle East & Africa Down-The-Hole 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 Down-The-Hole 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 Down-The-Hole Bits Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. Blasting
13.4.4. Quarrying
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Down-The-Hole Bits Market Size and Volume Forecast by Type
13.7.1. Concave
13.7.2. Flat Face
13.7.3. Convex
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 Down-The-Hole Bits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Down-The-Hole Bits Market: Market Share Analysis
14.2. Down-The-Hole Bits Distributors and Customers
14.3. Down-The-Hole Bits 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. Atlas Copco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Technidrill
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Top Drill
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Materials
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Boart Longyear
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. America West Drilling Supply
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rockmore International
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Maxdrill Rock Tools
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Numa
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Robit
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Palmieri
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tricon
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. OCMA DrillTech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Center Rock
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hardrock-Vertex
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Rock Hog
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Drill King
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Toa-Tone Boring
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Changsha Heijingang Industrial
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
