Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Drilling Machine, Drilling Center Market by Type (Horizontal Milling Machines, Vertical Milling Machines), By Application (Onshore, Offshore) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Drilling Machine, Drilling Center Market by Type (Horizontal Milling Machines, Vertical Milling Machines), By Application (Onshore, Offshore) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 299378 4200 Machinery & Equipment 377 208 Pages 4.7 (32)
                                          

Market Overview:


The global drilling machine, drilling center market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing demand for electric vehicles is also contributing to the growth of this market. The global drilling machine, drilling center market can be segmented on the basis of type into horizontal milling machines and vertical milling machines. The horizontal milling machines segment is expected to dominate this market during the forecast period owing to its high accuracy and precision levels as compared to other types of mills available in the market.


Global Drilling Machine, Drilling Center Industry Outlook


Product Definition:


1. Drilling Machine - A machine used for making holes in a workpiece by means of a rotating cutter.


2. Drilling Center - The center of a workpiece around which a drilling operation is performed.


Horizontal Milling Machines:


Horizontal milling machines are used to cut the material in a horizontal plane. It is mainly used for drilling purposes, but it can be used for other applications as well. The machine consists of cutting head, spindle and X, Y & Z axis. The spindle can be vertical or horizontal and the X, Y & Zaxis represent the direction (forward/backward), angle of rotation (90 degrees or 270 degrees) and depth of cut respectively.


Vertical Milling Machines:


Vertical milling machines are used to cut the material in a vertical position. It is mainly used for drilling purposes and it's main applications include drilling of holes, reamming, cutting channels, and others. The machine consists of horizontal boring bar which is mounted on a vertical axis with its lower end attached to spindle or drill rod and its upper end equipped with tool holder.


Application Insights:


Onshore was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for oil & gas from countries, such as China, India, and Saudi Arabia. Furthermore, growing investments by companies in onshore exploration activities are also likely to drive the market over the forecast period.


The offshore segment is anticipated to grow at a significant rate during the forecast period owing to rising demand for oil & gas from countries including Brazil, Norway and Russia among others. Increasing use of advanced technologies such as mud logistics services by drilling contractors has also facilitated cost-effective procurement of equipment that meets client requirements with high efficiency across offshore locations globally.


Regional Analysis:


Asia Pacific dominated the global drilling machine, drilling center market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing offshore and onshore activities in emerging economies such as China and India. In addition, growing demand for oil & gas from these countries is anticipated to further boost industry growth over the next eight years.


North America accounted for a significant share of revenue generated by global drilling machines, drilling centers market in 2017 owing to increased focus on unconventional energy resources such as shale gas and tight oil formation across U.S.


Growth Factors:


  • Increasing demand for oil and gas due to growing population and industrialization
  • Rising investments in drilling activities by oil and gas companies
  • Technological advancements in drilling machines and centers that improve efficiency
  • Growing awareness about the benefits of using drilling machines and centers
  • Increasing demand for energy from emerging economies

Scope Of The Report

Report Attributes

Report Details

Report Title

Drilling Machine, Drilling Center Market Research Report

By Type

Horizontal Milling Machines, Vertical Milling Machines

By Application

Onshore, Offshore

By Companies

Dalian Machine Tool Group, DMG MORI, GF machining solutions, Shenyang Machine Tools, Yamazaki Mazak, Breton, Bridgeport, Brother Industries, CHIRON Werke, Correanayak, Dalian Machine Tool Group, Doosan Machine Tools, EMCO, Eumach, Fidia

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

208

Number of Tables & Figures

146

Customization Available

Yes, the report can be customized as per your need.


Global Drilling Machine, Drilling Center Market Report Segments:

The global Drilling Machine, Drilling Center market is segmented on the basis of:

Types

Horizontal Milling Machines, Vertical Milling Machines

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

Onshore, Offshore

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:

  1. Dalian Machine Tool Group
  2. DMG MORI
  3. GF machining solutions
  4. Shenyang Machine Tools
  5. Yamazaki Mazak
  6. Breton
  7. Bridgeport
  8. Brother Industries
  9. CHIRON Werke
  10. Correanayak
  11. Dalian Machine Tool Group
  12. Doosan Machine Tools
  13. EMCO
  14. Eumach
  15. Fidia

Global Drilling Machine, Drilling Center Market Overview


Highlights of The Drilling Machine, Drilling Center Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Horizontal Milling Machines
    2. Vertical Milling Machines
  1. By Application:

    1. Onshore
    2. Offshore
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Drilling Machine, Drilling Center 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Drilling Machine, Drilling Center Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A drilling machine is a machine used to create holes in various materials. A drilling center is the facility where these machines are operated.

Some of the major players in the drilling machine, drilling center market are Dalian Machine Tool Group, DMG MORI, GF machining solutions, Shenyang Machine Tools, Yamazaki Mazak, Breton, Bridgeport, Brother Industries, CHIRON Werke, Correanayak, Dalian Machine Tool Group, Doosan Machine Tools, EMCO, Eumach, Fidia.

The drilling machine, drilling center 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 Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size & Forecast, 2018-2028       4.5.1 Drilling Machine, Drilling Center Market Size and Y-o-Y Growth       4.5.2 Drilling Machine, Drilling Center Market Absolute $ Opportunity

Chapter 5 Global Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Type
      5.2.1 Horizontal Milling Machines
      5.2.2 Vertical Milling Machines
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Applications
      6.2.1 Onshore
      6.2.2 Offshore
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Analysis and Forecast
   9.1 Introduction
   9.2 North America Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Type
      9.6.1 Horizontal Milling Machines
      9.6.2 Vertical Milling Machines
   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 Drilling Machine, Drilling Center Market Size Forecast by Applications
      9.10.1 Onshore
      9.10.2 Offshore
   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 Drilling Machine, Drilling Center Analysis and Forecast
   10.1 Introduction
   10.2 Europe Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Type
      10.6.1 Horizontal Milling Machines
      10.6.2 Vertical Milling Machines
   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 Drilling Machine, Drilling Center Market Size Forecast by Applications
      10.10.1 Onshore
      10.10.2 Offshore
   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 Drilling Machine, Drilling Center Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Type
      11.6.1 Horizontal Milling Machines
      11.6.2 Vertical Milling Machines
   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 Drilling Machine, Drilling Center Market Size Forecast by Applications
      11.10.1 Onshore
      11.10.2 Offshore
   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 Drilling Machine, Drilling Center Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Drilling Machine, Drilling Center 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 Drilling Machine, Drilling Center Market Size Forecast by Type
      12.6.1 Horizontal Milling Machines
      12.6.2 Vertical Milling Machines
   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 Drilling Machine, Drilling Center Market Size Forecast by Applications
      12.10.1 Onshore
      12.10.2 Offshore
   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) Drilling Machine, Drilling Center Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Drilling Machine, Drilling Center 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) Drilling Machine, Drilling Center Market Size Forecast by Type
      13.6.1 Horizontal Milling Machines
      13.6.2 Vertical Milling Machines
   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) Drilling Machine, Drilling Center Market Size Forecast by Applications
      13.10.1 Onshore
      13.10.2 Offshore
   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 Drilling Machine, Drilling Center Market: Competitive Dashboard
   14.2 Global Drilling Machine, Drilling Center Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details â€“ Overview, Financials, Developments, Strategy) 
      14.3.1 Dalian Machine Tool Group
      14.3.2 DMG MORI
      14.3.3 GF machining solutions
      14.3.4 Shenyang Machine Tools
      14.3.5 Yamazaki Mazak
      14.3.6 Breton
      14.3.7 Bridgeport
      14.3.8 Brother Industries
      14.3.9 CHIRON Werke
      14.3.10 Correanayak
      14.3.11 Dalian Machine Tool Group
      14.3.12 Doosan Machine Tools
      14.3.13 EMCO
      14.3.14 Eumach
      14.3.15 Fidia

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