• Blog
  • Mining Drills And Breakers Market Report

    Mining Drills And Breakers Market Report

    Mining Drills And Breakers Market Report
    Report code - SR1860 Delivery - 2 Weeks
    Mining Drills & Breakers Market Size, Share & Forecast | 2022-27
    See more...

    Market Insights

    Mining Drills & Breakers Market is likely to witness an impressive CAGR of 9.0% during the forecast period. Major factors such as increasing metal and mineral exploration activities, particularly in emerging economies, are expected to drive the growth of the market. Furthermore, increasing demand for smart mining solutions is expected to fuel the market growth during the forecast period.

    Mining Drills & Breakers Market – Snapshot

    Growth

    9.0% for the next five years

    Major Product Type

    Rock Breakers

    Major Application Type

    Metal Mining

    Region with the highest demand

    Asia-Pacific  

    Key Players

    Atlas Copco AB, Boart Longyear Ltd., Cabo Drilling Corp., Caterpillar, Inc., Energold Drilling Corp., Geodrill Limited, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., Metso Corporation, and Sandvik AB

    Wish to Get a Free Sample? Click here.

    Market Segments' Analysis

    Mining Drills & Breakers Market Share: By Product Type

    Based on the product type, the market is segmented as rotary drills, crawler drills, rock breakers, hydraulic breakers, and others. Rock breakers are expected to account for the lion's share of the market during the forecast period due to increased mining activities and rising demand for excavators and backhoe loaders. Furthermore, breakers with improved in-built operational features deliver safety and productivity, thereby bolstering the demand for rock breakers.  

    Mining Drills & Breakers Market Share: By Application Type

    Based on the application type, the market is segmented as metal mining, mineral mining, and coal mining. The metal mining application segment is expected to be dominant during the forecast period due to increasing demand for metals from various industries. Furthermore, growing demand for automobiles, increasing gold mining activities, rising infrastructure development, and the availability of mining equipment on rent are expected to drive the market growth during the forecast period.

    Mining Drills & Breakers Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. The region's market is growing as a result of the economic development as well as growth in the building and construction sector. Furthermore, increasing automation of construction and mining processes, as well as increasing government focus on exploration activities in the emerging economies such as China and India, is expected to fuel the growth of the market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

    Market Scope & Segmentation

    Mining drills and breakers are equipment that are employed to drill the earth’s surface for mining operations. Mining drills and breakers are used in the mining industry to extract minerals or metals.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Mining Drills & Breakers Market Research Report - Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The mining drills & breakers market is segmented into the following categories:

    Mining Drills & Breakers Market Size, Share, & Forecast, by Product Type:

    • Rotary Drills (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Crawler Drills (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rock Breakers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Hydraulic Breakers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Type Analysis: Wagon Drills and Pneumatic Breakers

    Mining Drills & Breakers Market Size, Share, & Forecast, by Application Type:

    • Metal Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mineral Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Coal Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Mining Drills & Breakers Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Key Players

    Some of the key players in the mining drills & breakers market are-

    • Atlas Copco AB
    • Boart Longyear Ltd.
    • Cabo Drilling Corp.
    • Caterpillar, Inc.
    • Energold Drilling Corp.
    • Geodrill Limited
    • Hitachi Construction Machinery Co. Ltd.
    • Komatsu Ltd.
    • Metso Corporation
    • Sandvik AB

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)

    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation by any one of the product types by application type. 

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    Mining Drills & Breakers Market is likely to witness an impressive CAGR of 9.0% during the forecast period.

    Some of the key players in the mining drills & breakers market are Atlas Copco AB, Boart Longyear Ltd., Cabo Drilling Corp., Caterpillar, Inc., Energold Drilling Corp., Geodrill Limited, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., Metso Corporation, and Sandvik AB.

    Asia-Pacific is estimated to be the leading region in the market during the forecast period.

    The metal mining application segment is expected to be dominant during the forecast period due to increasing demand for metals from various industries.

    Major factors such as increasing metal and mineral exploration activities, particularly in emerging economies, are expected to drive the growth of the market. Furthermore, increasing demand for smart mining solutions is expected to fuel the market growth during the forecast period.