Market Overview:
The global cluster down-the-hole hammers 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 cluster down-the-hole hammers in the mining, water well, construction, oil and gas industries, quarrying, geothermal and other applications. In terms of type, the 118'' segments are expected to grow at a CAGR of 5%, 6%, 7%, and 8%, respectively during the forecast period.
Product Definition:
A Cluster Down-The-Hole Hammer is a tool used in mining that helps break up large pieces of ore into smaller pieces. The importance of using this tool is that it helps to speed up the mining process, making it more efficient.
≤36'':
The global market for cluster down-the-hole hammers is expected to grow at a CAGR of XX% from 2017 to 2024. The growth is attributed to the growing construction industry, rising demand in the emerging economies and advancements in technology.
Cluster down-the-hole hammers are used for driving large screws into soft materials such as drywall, concrete, or masonry with high speed and efficiency.
36''-49'':
36-49 is a range of hammers that are used in the cluster down-the-hole process. The 36 to 49 inch hammers are designed for use in coal mines where the coal deposits are deeper than 606.2 ft (200m). These types of hammers can be used with two different kinds of mechanisms, which include mechanical and hydraulic systems.
Application Insights:
The global demand for cement has been witnessing a paradigm shift owing to the changing lifestyle of people. With an increasing number of construction projects, such as railways and roadways, in developing economies, the consumption of cement is expected to witness growth over the forecast period. This trend is likely to positively influence market growth over the next eight years.
The mining industry accounted for a significant share in 2016 and was valued at USD 536 million owing to rising demand from various sectors such as steel manufacturing and building & construction industries across regions including North America and Europe. The growing importance of efficient drilling methods coupled with advanced downhole equipment has resulted in increased adoption rate among large scale miners globally which is expected to drive product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to presence of prominent players, technological advancements, and high demand for advanced products. In addition, increasing number of oil & gas exploration activities in U.S., Canada and Mexico are anticipated to propel product demand over the next eight years.
Asia Pacific is estimated to be fastest-growing regional market from 2018 to 2030 due rising investments by governments across various countries for developing infrastructure such as hospitals, schools, colleges etc.; which requires installation of numerous downhole tools (DWDM). Moreover Quarrying industry is also growing rapidly in this region due availability of huge raw material supply resulting into increased production output; thus driving up-the-hole hammers requirements as well as manufacturing capacity globally over the coming years.
Growth Factors:
- Increasing demand for down-the-hole hammers in the mining and construction industries due to the growing population and rapid industrialization.
- Rising awareness about the benefits of using down-the-hole hammers among end users, which is expected to boost demand for these tools in the coming years.
- Technological advancements in down-the-hole hammer technology that are making them more efficient and user friendly, which is likely to spur their demand over the forecast period.
- Growing investments by key players in research and development activities to develop new and innovative products, which is projected to create new growth opportunities for this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cluster Down-The-Hole Hammers Market Research Report
By Type
≤36'', 36''-49'', 49''-118'', >118''
By Application
Mining, Water Well, Construction, Oil and Gas Industries, Quarrying, Geothermal, Others
By Companies
Atlas Copco (Epiroc), Kukje Diamond, Mincon, Center Rock, Zhongke Zhenyu Group, Mech Drill Equipments, Topdrill
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Cluster Down-The-Hole Hammers Market Report Segments:
The global Cluster Down-The-Hole Hammers market is segmented on the basis of:
Types
≤36'', 36''-49'', 49''-118'', >118''
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, Water Well, Construction, Oil and Gas Industries, Quarrying, Geothermal, 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:
- Atlas Copco (Epiroc)
- Kukje Diamond
- Mincon
- Center Rock
- Zhongke Zhenyu Group
- Mech Drill Equipments
- Topdrill
Highlights of The Cluster Down-The-Hole Hammers 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:
- ≤36''
- 36''-49''
- 49''-118''
- >118''
- By Application:
- Mining
- Water Well
- Construction
- Oil and Gas Industries
- Quarrying
- Geothermal
- 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 Cluster Down-The-Hole Hammers 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?
Cluster Down-The-Hole Hammers are a type of hammer that have been designed to be used in tight spaces. They are made out of a lightweight metal and have a small head that is designed to fit into smaller spaces.
Some of the major companies in the cluster down-the-hole hammers market are Atlas Copco (Epiroc), Kukje Diamond, Mincon, Center Rock, Zhongke Zhenyu Group, Mech Drill Equipments, Topdrill.
The cluster down-the-hole hammers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cluster Down-The-Hole Hammers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cluster Down-The-Hole Hammers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cluster Down-The-Hole Hammers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cluster Down-The-Hole Hammers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cluster Down-The-Hole Hammers Market Size & Forecast, 2018-2028
4.5.1 Cluster Down-The-Hole Hammers Market Size and Y-o-Y Growth
4.5.2 Cluster Down-The-Hole Hammers Market Absolute $ Opportunity
Chapter 5 Global Cluster Down-The-Hole Hammers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cluster Down-The-Hole Hammers Market Size Forecast by Type
5.2.1 ≤36''
5.2.2 36''-49''
5.2.3 49''-118''
5.2.4 >118''
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cluster Down-The-Hole Hammers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cluster Down-The-Hole Hammers Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Water Well
6.2.3 Construction
6.2.4 Oil and Gas Industries
6.2.5 Quarrying
6.2.6 Geothermal
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cluster Down-The-Hole Hammers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cluster Down-The-Hole Hammers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cluster Down-The-Hole Hammers Analysis and Forecast
9.1 Introduction
9.2 North America Cluster Down-The-Hole Hammers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cluster Down-The-Hole Hammers Market Size Forecast by Type
9.6.1 ≤36''
9.6.2 36''-49''
9.6.3 49''-118''
9.6.4 >118''
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cluster Down-The-Hole Hammers Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Water Well
9.10.3 Construction
9.10.4 Oil and Gas Industries
9.10.5 Quarrying
9.10.6 Geothermal
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cluster Down-The-Hole Hammers Analysis and Forecast
10.1 Introduction
10.2 Europe Cluster Down-The-Hole Hammers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cluster Down-The-Hole Hammers Market Size Forecast by Type
10.6.1 ≤36''
10.6.2 36''-49''
10.6.3 49''-118''
10.6.4 >118''
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cluster Down-The-Hole Hammers Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Water Well
10.10.3 Construction
10.10.4 Oil and Gas Industries
10.10.5 Quarrying
10.10.6 Geothermal
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cluster Down-The-Hole Hammers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cluster Down-The-Hole Hammers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cluster Down-The-Hole Hammers Market Size Forecast by Type
11.6.1 ≤36''
11.6.2 36''-49''
11.6.3 49''-118''
11.6.4 >118''
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cluster Down-The-Hole Hammers Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Water Well
11.10.3 Construction
11.10.4 Oil and Gas Industries
11.10.5 Quarrying
11.10.6 Geothermal
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cluster Down-The-Hole Hammers Analysis and Forecast
12.1 Introduction
12.2 Latin America Cluster Down-The-Hole Hammers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cluster Down-The-Hole Hammers Market Size Forecast by Type
12.6.1 ≤36''
12.6.2 36''-49''
12.6.3 49''-118''
12.6.4 >118''
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cluster Down-The-Hole Hammers Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Water Well
12.10.3 Construction
12.10.4 Oil and Gas Industries
12.10.5 Quarrying
12.10.6 Geothermal
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cluster Down-The-Hole Hammers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cluster Down-The-Hole Hammers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cluster Down-The-Hole Hammers Market Size Forecast by Type
13.6.1 ≤36''
13.6.2 36''-49''
13.6.3 49''-118''
13.6.4 >118''
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cluster Down-The-Hole Hammers Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Water Well
13.10.3 Construction
13.10.4 Oil and Gas Industries
13.10.5 Quarrying
13.10.6 Geothermal
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cluster Down-The-Hole Hammers Market: Competitive Dashboard
14.2 Global Cluster Down-The-Hole Hammers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco (Epiroc)
14.3.2 Kukje Diamond
14.3.3 Mincon
14.3.4 Center Rock
14.3.5 Zhongke Zhenyu Group
14.3.6 Mech Drill Equipments
14.3.7 Topdrill
