Market Overview:
The global mining drilling services 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 minerals and quarries across the globe. In addition, the growing population and rapid industrialization are also contributing to the growth of this market. The impact drill segment is expected to dominate the global mining drilling services market during the forecast period, owing to its ability to drill through hard surfaces quickly and easily. The rotary drill segment is also anticipated to grow at a significant rate during the forecast period, owingto its ability toreplace traditional drills in many applications.
Product Definition:
Mining drilling services are used to extract coal, oil and gas from the earth. The services can be used to drill in open pits or underground.
Impact Drill:
An impact drill is a tool that is used for drilling into the earth's surface to extract minerals such as diamonds, coal, and iron ore. It works by creating a series of holes in the ground with its rotating bit attached to a long shaft. These holes are then flooded with water or other drilling fluids which break up the surrounding rock and help collect valuable minerals within it.
Rotary Drill:
Rotary drill is a tool that is used in drilling and excavating. It consists of a motor with multiple blades attached to the shaft which rotates at high speed. This drill bit cuts through the soil or rock by centrifugal force applied to the soil or rock particles due to high speed of rotation.
Application Insights:
The others application segment accounted for the largest revenue share of over 40% in 2017. The segment includes infrastructure, geotechnical and hydrotechnical applications. Mineral exploration is one of the key purposes of drilling services in a mine site. It helps determine if there are any mineral resources on the property or not and also assists in determining if further exploration is required or not at that particular property.
Geological information can help determine risks associated with mining activities such as sinkhole formation, groundwater contamination and instability etc., which can ultimately help companies make better decisions regarding expansion projects etc. Drilling services are used to collect data about soil properties including its strength & weaknesses, porosity & permeability along with other related parameters for mapping out suitable sites for construction of buildings/structures or installation of utility lines etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in demand for drilling services from various end-use industries, such as metal mining, oil & gas, construction, and others. This can be attributed to increasing investments by multinational companies in this region for exploring mineral reserves as well as opportunities offered by upcoming projects.
The Asia Pacific is home to some of the largest gold mines globally; however, it also has large untapped resources of other minerals such as silver and copper that are being increasingly mined due to high demand from domestic consumers along with growing industrialization across emerging economies including China and India. These factors are anticipated to drive regional product demand over the forecast period.
Growth Factors:
- Increasing demand for metals and minerals from various industries
- Growing urbanization and industrialization in developing countries
- Rising investments in mining sector by public and private players
- Technological advancements in drilling services that improve efficiency and productivity
- Expansion of mining infrastructure globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Drilling Services Market Research Report
By Type
Impact Drill, Rotary Drill
By Application
Mineral, Quarry, Others
By Companies
BoartLongyear, Ausdrill, Action D&B, Powerdrilindo, Byrnecut, Layne, Schlumberger, Halliburton, Baker Hughes, Transocean, Ensco Rowan Plc, Seadrill, Noble Corporation, Diamond Offshore Drilling, ARO Drilling, Saipem, Weatherford International, Stena Drilling, Nabors Industries, Fred. Olsen Energy, KCA Deutag, Parker Drilling
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
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Mining Drilling Services Market Report Segments:
The global Mining Drilling Services market is segmented on the basis of:
Types
Impact Drill, Rotary Drill
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
Mineral, Quarry, 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:
- BoartLongyear
- Ausdrill
- Action D&B
- Powerdrilindo
- Byrnecut
- Layne
- Schlumberger
- Halliburton
- Baker Hughes
- Transocean
- Ensco Rowan Plc
- Seadrill
- Noble Corporation
- Diamond Offshore Drilling
- ARO Drilling
- Saipem
- Weatherford International
- Stena Drilling
- Nabors Industries
- Fred. Olsen Energy
- KCA Deutag
- Parker Drilling
Highlights of The Mining Drilling Services 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:
- Impact Drill
- Rotary Drill
- By Application:
- Mineral
- Quarry
- 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 Mining Drilling Services 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
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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?
Mining drilling services are a type of service that is used to extract minerals and other materials from the ground. This service can be used in a variety of settings, including mines, quarries, and oil and gas wells. Mining drilling services typically involve the use of specialized equipment to reach deep into the ground, which allows for more efficient extraction of resources.
Some of the major players in the mining drilling services market are BoartLongyear, Ausdrill, Action D&B, Powerdrilindo, Byrnecut, Layne, Schlumberger, Halliburton, Baker Hughes, Transocean, Ensco Rowan Plc, Seadrill, Noble Corporation, Diamond Offshore Drilling, ARO Drilling, Saipem, Weatherford International, Stena Drilling, Nabors Industries, Fred. Olsen Energy, KCA Deutag, Parker Drilling.
The mining drilling services 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 Mining Drilling Services 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 Mining Drilling Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mining Drilling Services 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 Mining Drilling Services 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 Mining Drilling Services Market Size & Forecast, 2020-2028
4.5.1 Mining Drilling Services Market Size and Y-o-Y Growth
4.5.2 Mining Drilling Services Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Impact Drill
5.2.2 Rotary Drill
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Mineral
6.2.2 Quarry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mining Drilling Services 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 Mining Drilling Services 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Impact Drill
9.6.2 Rotary Drill
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 Market Size Forecast by Applications
9.10.1 Mineral
9.10.2 Quarry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Impact Drill
10.6.2 Rotary Drill
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 Market Size Forecast by Applications
10.10.1 Mineral
10.10.2 Quarry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Impact Drill
11.6.2 Rotary Drill
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 Market Size Forecast by Applications
11.10.1 Mineral
11.10.2 Quarry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Impact Drill
12.6.2 Rotary Drill
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 Market Size Forecast by Applications
12.10.1 Mineral
12.10.2 Quarry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Impact Drill
13.6.2 Rotary Drill
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) Market Size Forecast by Applications
13.10.1 Mineral
13.10.2 Quarry
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 Mining Drilling Services Market: Competitive Dashboard
14.2 Global Mining Drilling Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BoartLongyear
14.3.2 Ausdrill
14.3.3 Action D&B
14.3.4 Powerdrilindo
14.3.5 Byrnecut
14.3.6 Layne
14.3.7 Schlumberger
14.3.8 Halliburton
14.3.9 Baker Hughes
14.3.10 Transocean
14.3.11 Ensco Rowan Plc
14.3.12 Seadrill
14.3.13 Noble Corporation
14.3.14 Diamond Offshore Drilling
14.3.15 ARO Drilling
14.3.16 Saipem
14.3.17 Weatherford International
14.3.18 Stena Drilling
14.3.19 Nabors Industries
14.3.20 Fred. Olsen Energy
14.3.21 KCA Deutag
14.3.22 Parker Drilling
