Underground Drilling Equipment Market, Global Outlook and Forecast 2024-2031

Report ID: 1849253 | Published Date: Jan 2025 | No. of Page: 121 | Base Year: 2024 | Rating: 3.8 | Webstory: Check our Web story

This report contains market size and forecasts of Underground Drilling Equipment in global, including the following market information:
Global Underground Drilling Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Underground Drilling Equipment Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Underground Drilling Equipment companies in 2021 (%)
The global Underground Drilling Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Boom Drilling Rig Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Underground Drilling Equipment include Epiroc, Sandvik Construction, Furukawa, Komatsu Mining Corp, J.H. Fletcher, Jiangxi Siton, Mine Master, Hebei Hongyuan and HAZEMAG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Underground Drilling Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Underground Drilling Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Underground Drilling Equipment Market Segment Percentages, by Type, 2021 (%)
Single Boom Drilling Rig
Double Boom Drilling Rig
Multi Boom Drilling Rig
Global Underground Drilling Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Underground Drilling Equipment Market Segment Percentages, by Application, 2021 (%)
Mining
Railway And Highway Construction
Others
Global Underground Drilling Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Underground Drilling Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Underground Drilling Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Underground Drilling Equipment revenues share in global market, 2021 (%)
Key companies Underground Drilling Equipment sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Underground Drilling Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Epiroc
Sandvik Construction
Furukawa
Komatsu Mining Corp
J.H. Fletcher
Jiangxi Siton
Mine Master
Hebei Hongyuan
HAZEMAG
Lake Shore Systems,Inc
XCMG
China Railway Engineering Equipment Group
zhangjiakou Huatai
Shandong China Coal Industrial & Mining Supplies Group Co.,Ltd
Cocental - CMM
Sichuan Zuanshen Intelligent Machinery
CRRC
Zhejiang Zhi Gao machinery
Shijiazhuang Coal Mining Machinery
Hunan Changhe Machine Co., Ltd
Gengli Machinery
Hubei Hengli Machinery
Sunward
God Drill
Nanjing Engineering Factory
Kaishan

Frequently Asked Questions
Underground Drilling Equipment Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Underground Drilling Equipment Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Underground Drilling Equipment Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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