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.
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:
- 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
Highlights of The Drilling Machine, Drilling Center 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:
- Horizontal Milling Machines
- Vertical Milling Machines
- By Application:
- Onshore
- Offshore
- 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 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
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?
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 – 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