Market Overview:
The global core drilling machines 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 core drilling machines in the oil and gas industry, rising investments in infrastructure development, and growing awareness about the benefits of using core drilling machines. Based on type, the global core drilling machines market is segmented into vertical spindle, rotating disk, and movable. The vertical spindle segment is expected to hold a major share of the global market during the forecast period owing to its high accuracy and precision levels. Based on application, the global core drilling machines market is segmented into geological survey, oil and gas exploration & production (E&P), mining & quarrying operations,, water well boring,, construction,, others (including research institutes).
Product Definition:
Core drilling machines are used to drill holes in different types of materials. The most common type of core drilling machine is a rotary percussion drill. This type of machine uses a rotating bit that is attached to a hammer mechanism. When the bit contacts the material, it will start to rotate and then the hammer will hit it, causing it to break off small pieces of material.
Vertical Spindle:
Vertical spindle is a device that is fixed to the drilling machine and used for changing the direction of drill bit. It’s main function is to help in maintaining stability of drilling operation, by providing an even torque distribution across all six degrees of freedom.
The market for vertical spindle has been growing at a steady pace over the past few years owing to its increasing demand from core drilling machines industry which finds application in various sectors such as construction, oil & gas.
Rotating Disk:
Rotating disk is a drilling machine used in core drilling machines for removing the drill string and cutting tools from the spindle. It consists of a rigid base with an enclosed spindle, which is free to revolve around it. The disk has several small holes in its surface through which feed material can be passed while it rotates.
Application Insights:
The global core drilling machines market is segmented by application into geological survey, oil and gas, others such as infrastructure and defense. The oil and gas segment dominated the overall market in 2017 owing to the rising demand for advanced drilling equipment that can help extract more resources from the ground.
Geological surveys are carried out to identify potential hydrocarbon deposits under various conditions such as depth, temperature & pressure of water table, soil properties (porosity & permeability), structure (stratigraphy) of rocks etc. Drilling cores obtained from a geologist during a survey are used for further analysis on site or laboratory basis. These cores provide information regarding lithology/rock type/chemistry along with logs that record data about rock strength at particular depths below surface level which helps in planning future exploration activities efficiently.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major contributor to regional growth.
The Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing drilling activities in countries such as China, India, Australia and Japan coupled with growing demand for core drilling machines from other emerging economies such as Vietnam.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries is expected to drive the demand for core drilling machines over the forecast period.
- Rapid urbanization and development of infrastructure in emerging markets is also anticipated to boost the market growth.
- Technological advancements in core drilling machines are projected to provide new opportunities for market players over the next few years.
- Growing investments in oil & gas exploration and mining activities are likely to propel the demand for core drilling machines during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Core Drilling Machines Market Research Report
By Type
Vertical Spindle, Rotating Disk, Movable
By Application
Geological Survey, Oil and Gas, Others
By Companies
CS Unitec, KOR-IT, Controls, Hilti USA, Multiquip, REMS, Cooper Technology, InfraTest, BO's Hire, Wille Geotechnik, CS Unitec
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Core Drilling Machines Market Report Segments:
The global Core Drilling Machines market is segmented on the basis of:
Types
Vertical Spindle, Rotating Disk, Movable
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
Geological Survey, Oil and Gas, 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:
- CS Unitec
- KOR-IT
- Controls
- Hilti USA
- Multiquip
- REMS
- Cooper Technology
- InfraTest
- BO's Hire
- Wille Geotechnik
- CS Unitec
Highlights of The Core Drilling Machines 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:
- Vertical Spindle
- Rotating Disk
- Movable
- By Application:
- Geological Survey
- Oil and Gas
- 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 Core Drilling Machines 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 drilling machines are used to create holes in the earth's surface. They are also known as rotary drill rigs, and they use a rotating bit to create the hole. Core drilling machines can be used for a variety of purposes, including oil and gas exploration, construction projects, and mining operations.
Some of the major companies in the core drilling machines market are CS Unitec, KOR-IT, Controls, Hilti USA, Multiquip, REMS, Cooper Technology, InfraTest, BO's Hire, Wille Geotechnik, CS Unitec.
The core drilling machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Core Drilling Machines 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 Drilling Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Core Drilling Machines 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 Drilling Machines 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 Drilling Machines Market Size & Forecast, 2018-2028
4.5.1 Core Drilling Machines Market Size and Y-o-Y Growth
4.5.2 Core Drilling Machines Market Absolute $ Opportunity
Chapter 5 Global Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
5.2.1 Vertical Spindle
5.2.2 Rotating Disk
5.2.3 Movable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Core Drilling Machines 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 Drilling Machines Market Size Forecast by Applications
6.2.1 Geological Survey
6.2.2 Oil and Gas
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Core Drilling Machines 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 Drilling Machines 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 Drilling Machines Analysis and Forecast
9.1 Introduction
9.2 North America Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
9.6.1 Vertical Spindle
9.6.2 Rotating Disk
9.6.3 Movable
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 Drilling Machines Market Size Forecast by Applications
9.10.1 Geological Survey
9.10.2 Oil and Gas
9.10.3 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 Core Drilling Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
10.6.1 Vertical Spindle
10.6.2 Rotating Disk
10.6.3 Movable
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 Drilling Machines Market Size Forecast by Applications
10.10.1 Geological Survey
10.10.2 Oil and Gas
10.10.3 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 Core Drilling Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
11.6.1 Vertical Spindle
11.6.2 Rotating Disk
11.6.3 Movable
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 Drilling Machines Market Size Forecast by Applications
11.10.1 Geological Survey
11.10.2 Oil and Gas
11.10.3 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 Core Drilling Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
12.6.1 Vertical Spindle
12.6.2 Rotating Disk
12.6.3 Movable
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 Drilling Machines Market Size Forecast by Applications
12.10.1 Geological Survey
12.10.2 Oil and Gas
12.10.3 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) Core Drilling Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Core Drilling Machines 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 Drilling Machines Market Size Forecast by Type
13.6.1 Vertical Spindle
13.6.2 Rotating Disk
13.6.3 Movable
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 Drilling Machines Market Size Forecast by Applications
13.10.1 Geological Survey
13.10.2 Oil and Gas
13.10.3 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 Core Drilling Machines Market: Competitive Dashboard
14.2 Global Core Drilling Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CS Unitec
14.3.2 KOR-IT
14.3.3 Controls
14.3.4 Hilti USA
14.3.5 Multiquip
14.3.6 REMS
14.3.7 Cooper Technology
14.3.8 InfraTest
14.3.9 BO's Hire
14.3.10 Wille Geotechnik
14.3.11 CS Unitec
