Market Overview:
The global portable boring machines market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for these machines from various end-use industries such as construction, home use, and others. Additionally, the growing awareness about the benefits of using these machines is also propelling the growth of this market. Based on type, the global portable boring machines market can be segmented into horizontal type and vertical type. The horizontal type segment is expected to dominate this market during the forecast period owing to its high demand from various end-use industries such as construction and home use. Based on application, this market can be divided into construction, home use, and other applications.
Product Definition:
A portable boring machine is a type of drilling rig that can be moved easily from one location to another. They are used to drill large diameter holes in the ground for the installation of pipelines, water mains, and other underground infrastructure.
Horizontal Type:
Horizontal type is a machine used for making cylindrical holes of desired sizes and shapes in various materials. It can be used for drilling, cutting, reaming, etc. Horizontal boring machines are mainly classified into two types on the basis of their form: fixed-form horizontal boring machine and portable horizontal boring machine (PHM). PHM is a kind of mobile device that can be moved from one place to another according to the requirements.
Vertical Type:
Vertical type is a method of boring where the drill string is horizontal and the drilling takes place in a vertical plane. The most common example of vertical boring would be an auger or screw borer. In these types of machines, there are no rollers to carry the drill string up and down; instead, they have one or more sets of wheels that allow them to move forward and backward depending on which way the operator turns it (screw or auger).
Application Insights:
The construction application segment led the global portable boring machines market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific and Latin America regions, which is likely to propel demand for portable boring machines in construction applications.
The other application segment includes oil & gas, metalworking, plastic working as well as woodworking applications. Portable boring machines are used for drilling and blasting operations during mining activities where space is limited or availability of power sources is constraints such as underground places or islands with no access to electricity grid areas that are located far from civilization areas.
Drilling and blasting operations require large number of holes on different types of rocks including granite, basaltic etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for household and office space, coupled with growing construction activities in the region. The Middle East & Africa is also anticipated to witness significant growth over the coming years due to rising investments in infrastructure development projects by various governments as well as multinational companies.
North America was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 until 2030 due its high adoption rate for industrial applications such as aerospace, automotive, marine, wind energy generation among others which require large spaces for installation purposes thereby driving product demand across this region.
Growth Factors:
- Increasing demand for underground infrastructure development: The increasing population and the consequent increase in the number of buildings and other infrastructure has led to an increased demand for underground infrastructure development. This is expected to drive the growth of the portable boring machines market.
- Technological advancements: The portable boring machines market is witnessing rapid technological advancements, which is resulting in new product launches and expansions by key players in this market. This is likely to fuel the growth of this market during the forecast period.
- Rising investments in transportation sector: There has been a significant rise in investments made by governments across different countries towards transportation projects, which include railway projects, metro projects, and airport expansions among others. This is anticipated to boost the demand for portable boring machines over the next few years owing to its ability to efficiently bore through hard surfaces such as concrete or asphalt quickly and easily without causing any damage or disruption to traffic flow on roads below them..
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Boring Machines Market Research Report
By Type
Horizontal Type, Vertical Type
By Application
Home Use, Construction, Other
By Companies
Ventil Test Equipment, PROTEM, Sir Meccanica, CLIMAX, York Portable Machine Tools, Actuant Group, Sir Meccanica, Richards, Elsa Srl, EFCO Corporation
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Portable Boring Machines Market Report Segments:
The global Portable Boring Machines market is segmented on the basis of:
Types
Horizontal Type, Vertical Type
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
Home Use, Construction, Other
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:
- Ventil Test Equipment
- PROTEM
- Sir Meccanica
- CLIMAX
- York Portable Machine Tools
- Actuant Group
- Sir Meccanica
- Richards
- Elsa Srl
- EFCO Corporation
Highlights of The Portable Boring 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:
- Horizontal Type
- Vertical Type
- By Application:
- Home Use
- Construction
- Other
- 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 Portable Boring 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
- 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 portable boring machine is a machine that can be moved from one site to another for the purpose of drilling or blasting.
Some of the key players operating in the portable boring machines market are Ventil Test Equipment, PROTEM, Sir Meccanica, CLIMAX, York Portable Machine Tools, Actuant Group, Sir Meccanica, Richards, Elsa Srl, EFCO Corporation.
The portable boring machines market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Portable Boring Machines Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Portable Boring Machines Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Portable Boring Machines Market - Supply Chain
4.5. Global Portable Boring Machines Market Forecast
4.5.1. Portable Boring Machines Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Portable Boring Machines Market Size (000 Units) and Y-o-Y Growth
4.5.3. Portable Boring Machines Market Absolute $ Opportunity
5. Global Portable Boring Machines Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Portable Boring Machines Market Size and Volume Forecast by Type
5.3.1. Horizontal Type
5.3.2. Vertical Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Portable Boring Machines Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Portable Boring Machines Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Construction
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Portable Boring Machines Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Portable Boring Machines Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Portable Boring Machines Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Portable Boring Machines Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Portable Boring Machines Demand Share Forecast, 2019-2026
9. North America Portable Boring Machines Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Portable Boring Machines Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Portable Boring Machines Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Construction
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Portable Boring Machines Market Size and Volume Forecast by Type
9.7.1. Horizontal Type
9.7.2. Vertical Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Portable Boring Machines Demand Share Forecast, 2019-2026
10. Latin America Portable Boring Machines Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Portable Boring Machines Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Portable Boring Machines Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Construction
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Portable Boring Machines Market Size and Volume Forecast by Type
10.7.1. Horizontal Type
10.7.2. Vertical Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Portable Boring Machines Demand Share Forecast, 2019-2026
11. Europe Portable Boring Machines Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Portable Boring Machines Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Portable Boring Machines Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Construction
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Portable Boring Machines Market Size and Volume Forecast by Type
11.7.1. Horizontal Type
11.7.2. Vertical Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections byType
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Portable Boring Machines Demand Share, 2019-2026
12. Asia Pacific Portable Boring Machines Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Portable Boring Machines Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Portable Boring Machines Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Construction
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Portable Boring Machines Market Size and Volume Forecast by Type
12.7.1. Horizontal Type
12.7.2. Vertical Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Portable Boring Machines Demand Share, 2019-2026
13. Middle East & Africa Portable Boring Machines Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Portable Boring Machines Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Portable Boring Machines Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Construction
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Portable Boring Machines Market Size and Volume Forecast by Type
13.7.1. Horizontal Type
13.7.2. Vertical Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Portable Boring Machines Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Portable Boring Machines Market: Market Share Analysis
14.2. Portable Boring Machines Distributors and Customers
14.3. Portable Boring Machines Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ventil Test Equipment
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PROTEM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sir Meccanica
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CLIMAX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. York Portable Machine Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Actuant Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sir Meccanica
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Richards
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elsa Srl
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EFCO Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
