Market Overview:
The global core drill market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for core drills from the renovation industry and construction industry. Additionally, factors such as rising disposable income and growing urbanization are also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, hand type drill is expected to hold a major share in global core drill market during forecast period owing its low cost and easy operability as compared desk type drill which are used for heavy-duty applications.
Product Definition:
A core drill is a type of drill used to create a hole in the middle of a solid object. Core drills are often used in metalworking, construction and other industries to create holes in pipes, rods or other objects.
Hand Type Drill:
Hand type drill is a power tool used to create holes in masonry, concrete, and other hard surfaces. It consists of a handle connected by an adjustable arm to the bit. The hand-type drill has different speeds as well as reverse functions which makes it easy for operators to carry out drilling operations.
The growth factor for hand-type drills is high in core drill market on account of its ability to perform multiple tasks such as driving screws.
Desk Type Drill:
A desk type drill is a hand-held power tool that consists of a metal or plastic handle and an electric motor. The device has fixed drilling bits, which are used for creating holes in desktops, work surfaces and other flat surfaces. It is also known as core drill because it has one or more spinning blades that cut the material to be drilled through the central hole.
The hand-held drills are widely used by carpenters, wood workers, repair men.
Application Insights:
The construction industry accounted for the largest market share of over 40% in 2017. The core drill is widely used in the construction industry as it helps to make precise holes with less effort. It also has an advantage of not getting clogged due to its small size and light weight, which makes it ideal for use in tight spaces or narrow tunnels.
The renovation industry is expected to grow at a significant rate over the forecast period owing to increasing demand from end-users for interior design and remodeling projects including kitchen, bathroom, bedroom and living room among others. Renovation projects usually require drilling through hard surfaces such as concrete slabs or flooring materials such as tiles among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness significant growth owing to increasing drilling activities for infrastructure development, coupled with rising demand from residential construction sector.
The Middle East & Africa region is projected to grow at a lucrative rate over the forecast period owing to increasing government investments in various sectors including energy, transportation, and water resources. Moreover, rapid urbanization along with growing population has led governments of African countries such as Nigeria and Ethiopia towards infrastructural upgradation activities which will drive product demand further.
Growth Factors:
- Increasing demand for core drilling in the construction and infrastructure sectors due to growth in population and urbanization.
- Rising demand for core drilling services from the oil & gas sector due to increasing exploration and production activities.
- Growing use of diamond-tipped core drills in mining applications owing to their superior performance characteristics over other types of drills.
- Increasing adoption of portable core drill rigs owing to their easy maneuverability and low installation costs.
- Proliferation of advanced technologies such as laser-guided systems that are aiding efficient execution of complex core drilling tasks
Scope Of The Report
Report Attributes
Report Details
Report Title
Core Drill Market Research Report
By Type
Hand Type Drill, Desk Type Drill, Other Type
By Application
Renovation Industry, Construction Industry
By Companies
Husqvarna AB, Hilti, Makita, TYROLIT, Lee Yeong, Ramset, MK Diamond Products, Pentruder UK Limited, Milwaukee Tool, B+Btec, Husqvarna AB, Golz, LISSMAC Maschinenbau, WEKA, Dongcheng, BOSUN Tools, KEN
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Core Drill Market Report Segments:
The global Core Drill market is segmented on the basis of:
Types
Hand Type Drill, Desk Type Drill, Other Type
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
Renovation Industry, Construction Industry
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:
- Husqvarna AB
- Hilti
- Makita
- TYROLIT
- Lee Yeong
- Ramset
- MK Diamond Products
- Pentruder UK Limited
- Milwaukee Tool
- B+Btec
- Husqvarna AB
- Golz
- LISSMAC Maschinenbau
- WEKA
- Dongcheng
- BOSUN Tools
- KEN
Highlights of The Core Drill 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:
- Hand Type Drill
- Desk Type Drill
- Other Type
- By Application:
- Renovation Industry
- Construction Industry
- 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 Core Drill 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.
How you may use our products:
- 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?
Core Drill is a software that helps you to manage your workflows and automate tasks. It makes it easy for you to keep track of what needs to be done, when it needs to be done, and who is responsible for doing it.
Some of the key players operating in the core drill market are Husqvarna AB, Hilti, Makita, TYROLIT, Lee Yeong, Ramset, MK Diamond Products, Pentruder UK Limited, Milwaukee Tool, B+Btec, Husqvarna AB, Golz, LISSMAC Maschinenbau, WEKA, Dongcheng, BOSUN Tools, KEN.
The core drill 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 Core Drill 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 Core Drill Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Core Drill 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 Core Drill 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 Core Drill Market Size & Forecast, 2018-2028 4.5.1 Core Drill Market Size and Y-o-Y Growth 4.5.2 Core Drill Market Absolute $ Opportunity
Chapter 5 Global Core Drill 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 Core Drill Market Size Forecast by Type
5.2.1 Hand Type Drill
5.2.2 Desk Type Drill
5.2.3 Other Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Core Drill 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 Core Drill Market Size Forecast by Applications
6.2.1 Renovation Industry
6.2.2 Construction Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Core Drill 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 Core Drill 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 Core Drill Analysis and Forecast
9.1 Introduction
9.2 North America Core Drill 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 Core Drill Market Size Forecast by Type
9.6.1 Hand Type Drill
9.6.2 Desk Type Drill
9.6.3 Other Type
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 Core Drill Market Size Forecast by Applications
9.10.1 Renovation Industry
9.10.2 Construction Industry
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 Core Drill Analysis and Forecast
10.1 Introduction
10.2 Europe Core Drill 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 Core Drill Market Size Forecast by Type
10.6.1 Hand Type Drill
10.6.2 Desk Type Drill
10.6.3 Other Type
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 Core Drill Market Size Forecast by Applications
10.10.1 Renovation Industry
10.10.2 Construction Industry
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 Core Drill Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Core Drill 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 Core Drill Market Size Forecast by Type
11.6.1 Hand Type Drill
11.6.2 Desk Type Drill
11.6.3 Other Type
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 Core Drill Market Size Forecast by Applications
11.10.1 Renovation Industry
11.10.2 Construction Industry
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 Core Drill Analysis and Forecast
12.1 Introduction
12.2 Latin America Core Drill 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 Core Drill Market Size Forecast by Type
12.6.1 Hand Type Drill
12.6.2 Desk Type Drill
12.6.3 Other Type
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 Core Drill Market Size Forecast by Applications
12.10.1 Renovation Industry
12.10.2 Construction Industry
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) Core Drill Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Core Drill 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) Core Drill Market Size Forecast by Type
13.6.1 Hand Type Drill
13.6.2 Desk Type Drill
13.6.3 Other Type
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) Core Drill Market Size Forecast by Applications
13.10.1 Renovation Industry
13.10.2 Construction Industry
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 Core Drill Market: Competitive Dashboard
14.2 Global Core Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Husqvarna AB
14.3.2 Hilti
14.3.3 Makita
14.3.4 TYROLIT
14.3.5 Lee Yeong
14.3.6 Ramset
14.3.7 MK Diamond Products
14.3.8 Pentruder UK Limited
14.3.9 Milwaukee Tool
14.3.10 B+Btec
14.3.11 Husqvarna AB
14.3.12 Golz
14.3.13 LISSMAC Maschinenbau
14.3.14 WEKA
14.3.15 Dongcheng
14.3.16 BOSUN Tools
14.3.17 KEN