The global rock drill rigs market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for drilling rigs in various industries and increasing investments in the mining industry. However, high cost of drilling rigs and lack of skilled labor are some of the major challenges faced by this market. Pneumatic rock drill rigs accounted for the largest share in 2017, followed by hydraulic rock drill rigs and other types of rock drill rigs. The pneumatic type was preferred due to its low cost and easy maintenance requirements as compared to hydraulic type which requires more maintenance costs due to its higher power consumption rates than pneumatic type drills. Coal industry accounted for the largest share in 2017, followed by metal industry and mineral industry respectively owing to their high demand from various industries such as construction, automotive manufacturing etc, which require drilling equipment for excavation purposes or extraction purposes respectively. Rock drill rigs are used to drill holes in the ground for oil and gas exploration.
- The demand for oil and gas is expected to increase in the coming years, which will lead to an increased demand for rock drill rigs.
- The cost of drilling has been increasing over the past few years, which will lead to an increased demand for rock drill rigs that are more efficient and cost-effective.
- Rock drill rigs are becoming more technologically advanced, which will lead to a higher demand for these products as they become more efficient and effective at drilling wells.
- There is a shortage of skilled workers in the industry, which will lead to an increased need for rock drill rigs that can be operated by less skilled workers with minimal training or experience in order to meet production demands while also reducing costs associated with hiring skilled labor.
- The global population is expected to grow significantly over the next few decades, leading many people around the world who have never had access to electricity before now having access due largely in part because of new technologies such as solar panels and wind turbines.
Industry Growth Insights published a new data on “Rock Drill Rigs Market”. The research report is titled “Rock Drill Rigs Market research by Types (Pneumatic Rock Drill Rigs, Hydraulic Rock Drill Rigs), By Applications (Coal Industry, Metal Industry, Mineral Industry, Others), By Players/Companies Atlas Copco, SANDVIK, HARDROCK, CAT, Epiroc, Furukawa, Traxxon, Stenuick, DRILL PANGOLIN, Ingersoll Rand, TesCar, Brunner & Lay, Tamrock, Shanghai Kemei Mechanical and Electrical, Shanghai Dangshan Mechanical, Komatsu”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rock Drill Rigs Market Research Report
By Type
Pneumatic Rock Drill Rigs, Hydraulic Rock Drill Rigs
By Application
Coal Industry, Metal Industry, Mineral Industry, Others
By Companies
Atlas Copco, SANDVIK, HARDROCK, CAT, Epiroc, Furukawa, Traxxon, Stenuick, DRILL PANGOLIN, Ingersoll Rand, TesCar, Brunner & Lay, Tamrock, Shanghai Kemei Mechanical and Electrical, Shanghai Dangshan Mechanical, Komatsu
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Rock Drill Rigs Market Report Segments:
The global Rock Drill Rigs market is segmented on the basis of:
Types
Pneumatic Rock Drill Rigs, Hydraulic Rock Drill Rigs
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
Coal Industry, Metal Industry, Mineral Industry, 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:
- Atlas Copco
- SANDVIK
- HARDROCK
- CAT
- Epiroc
- Furukawa
- Traxxon
- Stenuick
- DRILL PANGOLIN
- Ingersoll Rand
- TesCar
- Brunner & Lay
- Tamrock
- Shanghai Kemei Mechanical and Electrical
- Shanghai Dangshan Mechanical
- Komatsu
Highlights of The Rock Drill Rigs 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:
- Pneumatic Rock Drill Rigs
- Hydraulic Rock Drill Rigs
- By Application:
- Coal Industry
- Metal Industry
- Mineral Industry
- 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 Rock Drill Rigs 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.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Rock Drill Rigs are a type of drilling rig that is used to drill into rock. They are often used in oil and gas exploration, as well as other types of construction.
Some of the major companies in the rock drill rigs market are Atlas Copco, SANDVIK, HARDROCK, CAT, Epiroc, Furukawa, Traxxon, Stenuick, DRILL PANGOLIN, Ingersoll Rand, TesCar, Brunner & Lay, Tamrock, Shanghai Kemei Mechanical and Electrical, Shanghai Dangshan Mechanical, Komatsu.
The rock drill rigs market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rock Drill Rigs 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. Rock Drill Rigs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rock Drill Rigs Market - Supply Chain
4.5. Global Rock Drill Rigs Market Forecast
4.5.1. Rock Drill Rigs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rock Drill Rigs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rock Drill Rigs Market Absolute $ Opportunity
5. Global Rock Drill Rigs 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. Rock Drill Rigs Market Size and Volume Forecast by Type
5.3.1. Pneumatic Rock Drill Rigs
5.3.2. Hydraulic Rock Drill Rigs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rock Drill Rigs 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. Rock Drill Rigs Market Size and Volume Forecast by Application
6.3.1. Coal Industry
6.3.2. Metal Industry
6.3.3. Mineral Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rock Drill Rigs 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. Rock Drill Rigs 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 Rock Drill Rigs 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. Rock Drill Rigs 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 Rock Drill Rigs Demand Share Forecast, 2019-2026
9. North America Rock Drill Rigs 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 Rock Drill Rigs 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 Rock Drill Rigs Market Size and Volume Forecast by Application
9.4.1. Coal Industry
9.4.2. Metal Industry
9.4.3. Mineral Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rock Drill Rigs Market Size and Volume Forecast by Type
9.7.1. Pneumatic Rock Drill Rigs
9.7.2. Hydraulic Rock Drill Rigs
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 Rock Drill Rigs Demand Share Forecast, 2019-2026
10. Latin America Rock Drill Rigs 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 Rock Drill Rigs 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 Rock Drill Rigs Market Size and Volume Forecast by Application
10.4.1. Coal Industry
10.4.2. Metal Industry
10.4.3. Mineral Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rock Drill Rigs Market Size and Volume Forecast by Type
10.7.1. Pneumatic Rock Drill Rigs
10.7.2. Hydraulic Rock Drill Rigs
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 Rock Drill Rigs Demand Share Forecast, 2019-2026
11. Europe Rock Drill Rigs 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 Rock Drill Rigs 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 Rock Drill Rigs Market Size and Volume Forecast by Application
11.4.1. Coal Industry
11.4.2. Metal Industry
11.4.3. Mineral Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rock Drill Rigs Market Size and Volume Forecast by Type
11.7.1. Pneumatic Rock Drill Rigs
11.7.2. Hydraulic Rock Drill Rigs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. 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 Rock Drill Rigs Demand Share, 2019-2026
12. Asia Pacific Rock Drill Rigs 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 Rock Drill Rigs 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 Rock Drill Rigs Market Size and Volume Forecast by Application
12.4.1. Coal Industry
12.4.2. Metal Industry
12.4.3. Mineral Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rock Drill Rigs Market Size and Volume Forecast by Type
12.7.1. Pneumatic Rock Drill Rigs
12.7.2. Hydraulic Rock Drill Rigs
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 Rock Drill Rigs Demand Share, 2019-2026
13. Middle East & Africa Rock Drill Rigs 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 Rock Drill Rigs 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 Rock Drill Rigs Market Size and Volume Forecast by Application
13.4.1. Coal Industry
13.4.2. Metal Industry
13.4.3. Mineral Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rock Drill Rigs Market Size and Volume Forecast by Type
13.7.1. Pneumatic Rock Drill Rigs
13.7.2. Hydraulic Rock Drill Rigs
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 Rock Drill Rigs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rock Drill Rigs Market: Market Share Analysis
14.2. Rock Drill Rigs Distributors and Customers
14.3. Rock Drill Rigs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Atlas Copco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SANDVIK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HARDROCK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CAT
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Epiroc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Furukawa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Traxxon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Stenuick
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DRILL PANGOLIN
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ingersoll Rand
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TesCar
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Brunner & Lay
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tamrock
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai Kemei Mechanical and Electrical
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Dangshan Mechanical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Komatsu
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