The global shock subs market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for hydraulic shock subs in mining and construction applications, and increasing demand for mechanical shock subs in quarrying applications. The market is also driven by factors such as increased adoption of hydraulic shock subs in mining and construction applications, and increased adoption of mechanical shock subs in quarrying applications.
The global mechanical sub-market was valued at USD 1,814 million in 2018 and is projected to reach USD 2,764 million by 2030 with a CAGR of 4.5%. The global hydraulic sub-market was valued at USD 3,906 million in 2018 and is projected to reach USD 6,890 million by 2030 with a CAGR of 5%.
Some Of The Growth Factors Of This Market:
- The global population is increasing, which means more people are living in areas where they are at risk of experiencing a natural disaster.
- The number of natural disasters has increased over the past few decades, and this trend is expected to continue.
- There is an increase in the number of people who live in poverty and have limited access to resources such as food, water, shelter and medical care following a disaster.
- The cost for relief efforts after a natural disaster has increased due to inflation.
Industry Growth Insights published a new data on “Shock Subs Market”. The research report is titled “Shock Subs Market research by Types (Mechanical Shock Sub, Hydraulic Shock Sub), By Applications (Mining, Construction, Quarrying), By Players/Companies Sandvik, Utex, Western Drilling Tools, Stabil Drill, Schlumberger, JA Oilfield Manufacturing, Drill King, Foremost, Holte, CT Logics, OCMA Drilltech, America West Drilling Supply, OSC-SIML, TEI Rock Drills, BITTEKHNIKA, Fluid Design Solutions”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Shock Subs Market Research Report
By Type
Mechanical Shock Sub, Hydraulic Shock Sub
By Application
Mining, Construction, Quarrying
By Companies
Sandvik, Utex, Western Drilling Tools, Stabil Drill, Schlumberger, JA Oilfield Manufacturing, Drill King, Foremost, Holte, CT Logics, OCMA Drilltech, America West Drilling Supply, OSC-SIML, TEI Rock Drills, BITTEKHNIKA, Fluid Design Solutions
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Shock Subs Market Report Segments:
The global Shock Subs market is segmented on the basis of:
Types
Mechanical Shock Sub, Hydraulic Shock Sub
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, Construction, Quarrying
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
- Utex
- Western Drilling Tools
- Stabil Drill
- Schlumberger
- JA Oilfield Manufacturing
- Drill King
- Foremost
- Holte
- CT Logics
- OCMA Drilltech
- America West Drilling Supply
- OSC-SIML
- TEI Rock Drills
- BITTEKHNIKA
- Fluid Design Solutions
Highlights of The Shock Subs 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:
- Mechanical Shock Sub
- Hydraulic Shock Sub
- By Application:
- Mining
- Construction
- Quarrying
- 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 Shock Subs 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?
Shock subs are a type of submarine that can travel at high speeds and depths. They are used to patrol areas near the coast or in other sensitive areas.
Some of the major companies in the shock subs market are Sandvik, Utex, Western Drilling Tools, Stabil Drill, Schlumberger, JA Oilfield Manufacturing, Drill King, Foremost, Holte, CT Logics, OCMA Drilltech, America West Drilling Supply, OSC-SIML, TEI Rock Drills, BITTEKHNIKA, Fluid Design Solutions.
The shock subs market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Shock Subs 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. Shock Subs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Shock Subs Market - Supply Chain
4.5. Global Shock Subs Market Forecast
4.5.1. Shock Subs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Shock Subs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Shock Subs Market Absolute $ Opportunity
5. Global Shock Subs 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. Shock Subs Market Size and Volume Forecast by Type
5.3.1. Mechanical Shock Sub
5.3.2. Hydraulic Shock Sub
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Shock Subs 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. Shock Subs Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Quarrying
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Shock Subs 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. Shock Subs 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 Shock Subs 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. Shock Subs 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 Shock Subs Demand Share Forecast, 2019-2026
9. North America Shock Subs 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 Shock Subs 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 Shock Subs Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Quarrying
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Shock Subs Market Size and Volume Forecast by Type
9.7.1. Mechanical Shock Sub
9.7.2. Hydraulic Shock Sub
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 Shock Subs Demand Share Forecast, 2019-2026
10. Latin America Shock Subs 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 Shock Subs 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 Shock Subs Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Quarrying
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Shock Subs Market Size and Volume Forecast by Type
10.7.1. Mechanical Shock Sub
10.7.2. Hydraulic Shock Sub
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 Shock Subs Demand Share Forecast, 2019-2026
11. Europe Shock Subs 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 Shock Subs 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 Shock Subs Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Quarrying
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Shock Subs Market Size and Volume Forecast by Type
11.7.1. Mechanical Shock Sub
11.7.2. Hydraulic Shock Sub
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-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 Shock Subs Demand Share, 2019-2026
12. Asia Pacific Shock Subs 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 Shock Subs 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 Shock Subs Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Quarrying
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Shock Subs Market Size and Volume Forecast by Type
12.7.1. Mechanical Shock Sub
12.7.2. Hydraulic Shock Sub
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 Shock Subs Demand Share, 2019-2026
13. Middle East & Africa Shock Subs 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 Shock Subs 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 Shock Subs Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. Quarrying
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Shock Subs Market Size and Volume Forecast by Type
13.7.1. Mechanical Shock Sub
13.7.2. Hydraulic Shock Sub
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 Shock Subs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Shock Subs Market: Market Share Analysis
14.2. Shock Subs Distributors and Customers
14.3. Shock Subs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sandvik
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Utex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Western Drilling Tools
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stabil Drill
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schlumberger
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JA Oilfield Manufacturing
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Drill King
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Foremost
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Holte
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. CT Logics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OCMA Drilltech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. America West Drilling Supply
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OSC-SIML
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TEI Rock Drills
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BITTEKHNIKA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fluid Design Solutions
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
