Global Gang Drilling Machine Supply, Demand and Key Producers, 2024-2030

Global Gang Drilling Machine Supply, Demand and Key Producers, 2024-2030

The global Gang Drilling Machine market size is expected to reach $ 9652.9 million by 2030, rising at a market growth of 6.4% CAGR during the forecast period (2024-2030).

The global market for gang drilling machines is expected to experience steady growth in the coming years. Gang drilling machines are widely used in various industries such as automotive, aerospace, and construction for drilling multiple holes simultaneously in a workpiece. The increasing demand for precision drilling and the need for efficient production processes are driving the growth of the gang drilling machine market.

One of the key factors driving the growth of the gang drilling machine market is the increasing adoption of automation in manufacturing processes. Gang drilling machines offer high precision and efficiency, making them ideal for automated production lines. Additionally, the growing demand for customized and complex components in industries such as automotive and aerospace is fueling the demand for gang drilling machines.

The market for gang drilling machines is also benefiting from technological advancements such as the integration of CNC (Computer Numerical Control) systems and IoT (Internet of Things) technology. These advancements enable operators to program and monitor the drilling process more effectively, leading to improved productivity and quality.

In terms of regional analysis, Asia Pacific is expected to dominate the gang drilling machine market due to the presence of a large manufacturing sector in countries such as China, India, and Japan. North America and Europe are also significant markets for gang drilling machines, driven by the strong presence of automotive and aerospace industries in these regions.

Gang drilling is performed with a dedicated gang drilling machine. A gang drilling machine is a type of lathe that specializes in gang drilling holes.

While general lathes rotate the material, hole drilling by gang drilling machines is performed by rotating the gang drills. In deep hole drilling, chips generated by the drilling process can block the drilled hole or interfere with the drill's rotation, resulting in damage to the drill. As a countermeasure, cutting oil is continuously injected from the tip of the drill to create a flow of cutting oil inside the drilled hole, which pushes chips backward out of the hole.

The gang drill has a holding section at the base of the drill, called a screwdriver, which is held by the rotating chuck of the gang drilling machine. Cutting fluid is supplied from the rear of the driver, passes through the shank of the gang drill, and is sprayed from the cutting edge at the tip of the drill. For this reason, gang drilling machines are characterized by the center-through coolant function (function to supply cutting oil) in the part that holds the driver.

Depending on the machining depth, the length of a gang drill can be dozens of times longer than its diameter. The depth of drilling causes runout of the shank (shaft) of the gang drill, and several guides are provided on the gang drilling machine to suppress this runout. The number of guides used can be selected according to the hole depth, and the guides move without interfering with machining.

This report studies the global Gang Drilling Machine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Gang Drilling Machine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gang Drilling Machine that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Gang Drilling Machine total production and demand, 2019-2030, (K Units)

Global Gang Drilling Machine total production value, 2019-2030, (USD Million)

Global Gang Drilling Machine production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K Units)

Global Gang Drilling Machine consumption by region & country, CAGR, 2019-2030 & (K Units)

U.S. VS China: Gang Drilling Machine domestic production, consumption, key domestic manufacturers and share

Global Gang Drilling Machine production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K Units)

Global Gang Drilling Machine production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K Units)

Global Gang Drilling Machine production by Application production, value, CAGR, 2019-2030, (USD Million) & (K Units).

This reports profiles key players in the global Gang Drilling Machine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include E-Z Drill, Inc., NS Machine, SUGINO MACHINE LIMITED, HELTOS a.s., Sandvik Coromant, Muraki co.,ltd. and Miroku Machine Tool Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Gang Drilling Machine market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Gang Drilling Machine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Gang Drilling Machine Market, Segmentation by Type
Horizontal
Vertical

Global Gang Drilling Machine Market, Segmentation by Application
Automobile Manufacturing
Aerospace
Machinery Manufacturing
Others

Companies Profiled:
E-Z Drill, Inc.
NS Machine
SUGINO MACHINE LIMITED
HELTOS a.s.
Sandvik Coromant
Muraki co.,ltd.
Miroku Machine Tool Inc.

Key Questions Answered

1. How big is the global Gang Drilling Machine market?

2. What is the demand of the global Gang Drilling Machine market?

3. What is the year over year growth of the global Gang Drilling Machine market?

4. What is the production and production value of the global Gang Drilling Machine market?

5. Who are the key producers in the global Gang Drilling Machine market?