Market Overview:
The global surface hydraulic rock drill 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 surface hydraulic rock drills in construction, municipal engineering, mining and metallurgical industries across the globe. In terms of type, the light duty surface hydraulic rock drill segment is projected to hold a dominant share in the global market during the forecast period. This can be attributed to its low cost and easy operability as compared to other types of surface hydraulic rock drills available in the market.
Product Definition:
A Surface Hydraulic Rock Drill is a small, hand-held tool that uses a hammering motion to break up rocks. It is often used in construction and mining projects.
Light Duty Surface Hydraulic Rock Drill:
Light duty surface hydraulic rock drill is used to cut and install the drilling platform at the desired location. It has a capacity of up to 1,000 LBS force which can be utilized for various applications such as landfills, road construction & repair, slope stabilization and others. The product is manufactured using high-quality materials such as carbon steel with alloyed elements or aluminum alloys by means of cold forming process.
Medium Duty Surface Hydraulic Rock Drill:
The global medium duty surface hydraulic rock drill market size was valued at USD 1.5 billion in 2016 and is expected to witness a growth of 5.9% over the forecast period. The increasing demand for mining equipment across various industries such as construction, energy, and metal is anticipated to drive the industry growth over the forecast period.
Surface hydraulic rock drills are used for drilling into hard surfaces such as rocks or concrete with high pressure (up to 1000 psi).
Application Insights:
The construction industry accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing demand for building materials and infrastructure across the globe. Rapid urbanization along with industrial development has led to an increase in construction activities, which is likely to propel market growth over the forecast period.
Municipal engineering also accounted for a significant revenue share owing to growing population and need for developing new towns and cities across various regions of the world including North America, Europe, Asia Pacific and Middle East & Africa. This factor coupled with increasing government initiatives on improving municipal infrastructures such as roads, drainage systems etc., is expected to drive product demand in municipal engineering applications globally over the forecast period.
The mining industry also accounts for a significant revenue share owing to rising metal prices such as Gold (Yellow Metal), Silver (White Metal), Platinum Group Metals (PGM) etc.
Regional Analysis:
Asia Pacific surface hydraulic rock drill market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for construction equipment in emerging economies including China and India. The growing infrastructure sector in these countries is anticipated to boost the product demand over the forecast period. In addition, rising mining activities due to mineral resources exploration are also expected drive product demand over the next eight years.
North America accounted for a significant share of revenue share in 2017 on account of high penetration rates and steady growth rate observed in U.S., which has led it being one of largest consumers globally since past few years with presence across all major industry verticals such as construction, metallurgy, energy & power, oil & gas etc.
Growth Factors:
- Increasing demand for surface hydraulic rock drill in mining and construction industry due to its high performance and efficiency.
- Rising awareness about the benefits of surface hydraulic rock drill among end-users, which is likely to boost the demand for the product over the forecast period.
- Growing investments by key players in research and development activities to develop new and innovative products that can cater to the changing needs of consumers is expected to propel market growth over the next few years.
- Rapid urbanization coupled with increasing infrastructural development activities across emerging economies is anticipated to create lucrative opportunities for surface hydraulic rock drill market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surface Hydraulic Rock Drill Market Research Report
By Type
Light Duty Surface Hydraulic Rock Drill, Medium Duty Surface Hydraulic Rock Drill, Heavy Duty Surface Hydraulic Rock Dril
By Application
Construction Industry, Municipal Engineering, Mining Industry, Metallurgical Industry
By Companies
Atlas Copco, Power Drilindo, Chicago Pneumatic, Monty, Boart Longyear, Furukawa FRD, Atlas Copco
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Surface Hydraulic Rock Drill Market Report Segments:
The global Surface Hydraulic Rock Drill market is segmented on the basis of:
Types
Light Duty Surface Hydraulic Rock Drill, Medium Duty Surface Hydraulic Rock Drill, Heavy Duty Surface Hydraulic Rock Dril
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
Construction Industry, Municipal Engineering, Mining Industry, Metallurgical 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:
- Atlas Copco
- Power Drilindo
- Chicago Pneumatic
- Monty
- Boart Longyear
- Furukawa FRD
- Atlas Copco
Highlights of The Surface Hydraulic Rock 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:
- Light Duty Surface Hydraulic Rock Drill
- Medium Duty Surface Hydraulic Rock Drill
- Heavy Duty Surface Hydraulic Rock Dril
- By Application:
- Construction Industry
- Municipal Engineering
- Mining Industry
- Metallurgical 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 Surface Hydraulic Rock 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
- 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?
Surface hydraulic rock drill is a type of drilling equipment that uses water and pressure to break through the surface of rocks.
Some of the major companies in the surface hydraulic rock drill market are Atlas Copco, Power Drilindo, Chicago Pneumatic, Monty, Boart Longyear, Furukawa FRD, Atlas Copco.
The surface hydraulic rock drill 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 Surface Hydraulic Rock 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 Surface Hydraulic Rock Drill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surface Hydraulic Rock 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 Surface Hydraulic Rock 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 Surface Hydraulic Rock Drill Market Size & Forecast, 2020-2028
4.5.1 Surface Hydraulic Rock Drill Market Size and Y-o-Y Growth
4.5.2 Surface Hydraulic Rock Drill 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 Light Duty Surface Hydraulic Rock Drill
5.2.2 Medium Duty Surface Hydraulic Rock Drill
5.2.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
6.2.2 Municipal Engineering
6.2.3 Mining Industry
6.2.4 Metallurgical Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surface Hydraulic Rock 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 Surface Hydraulic Rock 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 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 Light Duty Surface Hydraulic Rock Drill
9.6.2 Medium Duty Surface Hydraulic Rock Drill
9.6.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
9.10.2 Municipal Engineering
9.10.3 Mining Industry
9.10.4 Metallurgical 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 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 Light Duty Surface Hydraulic Rock Drill
10.6.2 Medium Duty Surface Hydraulic Rock Drill
10.6.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
10.10.2 Municipal Engineering
10.10.3 Mining Industry
10.10.4 Metallurgical 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 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 Light Duty Surface Hydraulic Rock Drill
11.6.2 Medium Duty Surface Hydraulic Rock Drill
11.6.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
11.10.2 Municipal Engineering
11.10.3 Mining Industry
11.10.4 Metallurgical 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 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 Light Duty Surface Hydraulic Rock Drill
12.6.2 Medium Duty Surface Hydraulic Rock Drill
12.6.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
12.10.2 Municipal Engineering
12.10.3 Mining Industry
12.10.4 Metallurgical 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) 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 Light Duty Surface Hydraulic Rock Drill
13.6.2 Medium Duty Surface Hydraulic Rock Drill
13.6.3 Heavy Duty Surface Hydraulic Rock Dril
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 Construction Industry
13.10.2 Municipal Engineering
13.10.3 Mining Industry
13.10.4 Metallurgical 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 Surface Hydraulic Rock Drill Market: Competitive Dashboard
14.2 Global Surface Hydraulic Rock Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Power Drilindo
14.3.3 Chicago Pneumatic
14.3.4 Monty
14.3.5 Boart Longyear
14.3.6 Furukawa FRD
14.3.7 Atlas Copco
