Market Overview:
The global rock drilling jumbo 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 rock drilling jumbos in mining, railway construction, and road construction applications. Additionally, the growing demand for these machines in other applications such as water well drilling and oil & gas exploration is also propelling the growth of this market. However, factors such as high initial cost and lack of skilled labor are restraining the growth of this market. On the basis of type, single-boom machines accounted for a major share of the global rock drilling jumbo market in 2017. This segment is projected to grow at a CAGR of 5% during the forecast period from 2018 to 2030 owing to its low price and easy maneuverability.
Product Definition:
A rock drilling jumbo is a large, heavy-duty drill rig used in surface mining and quarrying to drill large holes in rocks.
Single-Boom:
Single-boom is a drilling rig with only one drill pipe. It is used to borehole in soft or loose soil and can also be used for installing well heads. The single-boom system has witnessed significant growth over the past few years owing to its benefits such as low cost of operation, less number of people required on rig site, and reduced chances of causing ground movement during drilling operations.
Two-Boom:
The two-boom drilling jumbo is a type of rig that consists of two rigs, connected by a boom. The rigs are used to drill down the borehole and simultaneously provide reverse circulation (RC) capability. The RC capability enables the second rig to drill from the opposite direction providing an option for horizontal drilling in many situations where it is not possible or practical to install a rotary table such as under high angles or overhanging rocks.
Application Insights:
The railway construction segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the growing demand for passenger and freight trains, particularly in countries such as China, India and Russia. Furthermore, increasing urbanization along with rising disposable income levels has led to an increase in railway infrastructure projects across various regions including North America and Europe. This is expected to drive the global market over the forecast period.
Mining was estimated as the second-largest application segment owing to high demand from countries such as Australia, Brazil Canada Chile New Zealand Peru South Africa Thailand U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of ongoing projects, which are likely to drive the demand for drilling machines. China is one of the largest markets for these machines owing to increasing demand from various sectors, such as railway construction and road construction.
The European market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to growing infrastructure activities across countries such as France, Italy, Germany, Russia among others. In addition, rising government initiatives towards developing smart cities are expected drive growth in future years.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Rising investments in infrastructure development
- Growing awareness about the benefits of using rock drilling jumbo for various construction applications
- Technological advancements that have led to the development of more efficient and durable rock drilling jumbos
- Increased use of automated systems in rock drilling jumbo operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Rock Drilling Jumbo Market Research Report
By Type
Single-Boom, Two-Boom, Multi-Boom
By Application
Mining, Railway Construction, Road Construction, Others
By Companies
Sandvik Construction, Atlas, Furukawa, Komatsu Mining, J.H. Fletcher, Mine Master, XCMG, Siton, Lake Shore Systems, Dhms, RDH Mining Equipment, Kaishan, Eastsun, Hengzhi
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Rock Drilling Jumbo Market Report Segments:
The global Rock Drilling Jumbo market is segmented on the basis of:
Types
Single-Boom, Two-Boom, Multi-Boom
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
Mining, Railway Construction, Road Construction, 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:
- Sandvik Construction
- Atlas
- Furukawa
- Komatsu Mining
- J.H. Fletcher
- Mine Master
- XCMG
- Siton
- Lake Shore Systems
- Dhms
- RDH Mining Equipment
- Kaishan
- Eastsun
- Hengzhi
Highlights of The Rock Drilling Jumbo 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:
- Single-Boom
- Two-Boom
- Multi-Boom
- By Application:
- Mining
- Railway Construction
- Road Construction
- 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 Drilling Jumbo 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
- Market Entry Strategies
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- 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 Drilling Jumbo is a large diameter, high-pressure drilling rig that can drill through rock up to 2.5 kilometers thick.
Some of the key players operating in the rock drilling jumbo market are Sandvik Construction, Atlas, Furukawa, Komatsu Mining, J.H. Fletcher, Mine Master, XCMG, Siton, Lake Shore Systems, Dhms, RDH Mining Equipment, Kaishan, Eastsun, Hengzhi.
The rock drilling jumbo 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. Rock Drilling Jumbo 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 Drilling Jumbo Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rock Drilling Jumbo Market - Supply Chain
4.5. Global Rock Drilling Jumbo Market Forecast
4.5.1. Rock Drilling Jumbo Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rock Drilling Jumbo Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rock Drilling Jumbo Market Absolute $ Opportunity
5. Global Rock Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Type
5.3.1. Single-Boom
5.3.2. Two-Boom
5.3.3. Multi-Boom
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rock Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Railway Construction
6.3.3. Road Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Demand Share Forecast, 2019-2026
9. North America Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Railway Construction
9.4.3. Road Construction
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 Drilling Jumbo Market Size and Volume Forecast by Type
9.7.1. Single-Boom
9.7.2. Two-Boom
9.7.3. Multi-Boom
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 Drilling Jumbo Demand Share Forecast, 2019-2026
10. Latin America Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Railway Construction
10.4.3. Road Construction
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 Drilling Jumbo Market Size and Volume Forecast by Type
10.7.1. Single-Boom
10.7.2. Two-Boom
10.7.3. Multi-Boom
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 Drilling Jumbo Demand Share Forecast, 2019-2026
11. Europe Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Railway Construction
11.4.3. Road Construction
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 Drilling Jumbo Market Size and Volume Forecast by Type
11.7.1. Single-Boom
11.7.2. Two-Boom
11.7.3. Multi-Boom
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -o-Y Growth Projections by Type
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 Rock Drilling Jumbo Demand Share, 2019-2026
12. Asia Pacific Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Railway Construction
12.4.3. Road Construction
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 Drilling Jumbo Market Size and Volume Forecast by Type
12.7.1. Single-Boom
12.7.2. Two-Boom
12.7.3. Multi-Boom
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 Drilling Jumbo Demand Share, 2019-2026
13. Middle East & Africa Rock Drilling Jumbo 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 Drilling Jumbo 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 Drilling Jumbo Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Railway Construction
13.4.3. Road Construction
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 Drilling Jumbo Market Size and Volume Forecast by Type
13.7.1. Single-Boom
13.7.2. Two-Boom
13.7.3. Multi-Boom
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 Drilling Jumbo Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rock Drilling Jumbo Market: Market Share Analysis
14.2. Rock Drilling Jumbo Distributors and Customers
14.3. Rock Drilling Jumbo Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik Construction
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Furukawa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Komatsu Mining
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. J.H. Fletcher
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mine Master
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. XCMG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Siton
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lake Shore Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dhms
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RDH Mining Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kaishan
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Eastsun
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Hengzhi
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
