Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Rock Drill Rigs Market by Type (Pneumatic Rock Drill Rigs, Hydraulic Rock Drill Rigs), By Application (Coal Industry, Metal Industry, Mineral Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Rock Drill Rigs Market by Type (Pneumatic Rock Drill Rigs, Hydraulic Rock Drill Rigs), By Application (Coal Industry, Metal Industry, Mineral Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 210573 3300 Machinery & Equipment 377 233 Pages 4.9 (37)
                                          

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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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 Industry Outlook


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:

  1. Atlas Copco
  2. SANDVIK
  3. HARDROCK
  4. CAT
  5. Epiroc
  6. Furukawa
  7. Traxxon
  8. Stenuick
  9. DRILL PANGOLIN
  10. Ingersoll Rand
  11. TesCar
  12. Brunner & Lay
  13. Tamrock
  14. Shanghai Kemei Mechanical and Electrical
  15. Shanghai Dangshan Mechanical
  16. Komatsu

Global Rock Drill Rigs Market Overview


Highlights of The Rock Drill Rigs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Pneumatic Rock Drill Rigs
    2. Hydraulic Rock Drill Rigs
  1. By Application:

    1. Coal Industry
    2. Metal Industry
    3. Mineral Industry
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

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

Global Rock Drill Rigs Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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