Global Raise Boring Rig Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Raise Boring Rig Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A raise borer is a machine used in underground mining, to excavate a circular hole between two levels of a mine without the use of explosives. Raise boring provides a safe means of excavating a circular hole between two levels of a mine without the use of explosives. A raise boring machine is set on a platform on the upper level to drill a small hole, known as the pilot hole, through to the cavity below. Once the drill has broken through, the pilot bit is removed and is replaced by a reamer head, of the desired diameter of the shaft, which is rotated and raised back toward the raise boring machine. The drill cuttings from the reamer head fall to the bottom of the hole and the reaming process creates a cylindrical hole with smooth walls.

According to our (Global Info Research) latest study, the global Raise Boring Rig market size was valued at US$ 245 million in 2023 and is forecast to a readjusted size of USD 361 million by 2030 with a CAGR of 5.8% during review period.

Global core raise boring rig manufacturers include Epiroc, Herrenknecht, TRB-Raise Borers etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 37%, followed by Europe and North America with the share about 22% and 17%.In terms of product, acrylic binder is the largest segment, with a share over 65%. And in terms of application, the largest application is underground mining industry, followed by civil construction industry.

This report is a detailed and comprehensive analysis for global Raise Boring Rig market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Raise Boring Rig market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Raise Boring Rig market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Raise Boring Rig market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Raise Boring Rig market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Raise Boring Rig

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Raise Boring Rig market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Epiroc, Herrenknecht, TRB-Raise Borers, Palmieri Group, Terratec, Stu Blattner, Changzhou Liding Colliery Machinery, Chuangyuan High-Tech Machinery, Jining Zhuoli Industrial Equipment, Yier Mechanical, etc.

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

Market Segmentation

Raise Boring Rig market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Raise-boring
Down-reaming
Box-holing

Market segment by Application
Underground Mining Industry
Hydropower Project
Civil Construction Industry
Others

Major players covered
Epiroc
Herrenknecht
TRB-Raise Borers
Palmieri Group
Terratec
Stu Blattner
Changzhou Liding Colliery Machinery
Chuangyuan High-Tech Machinery
Jining Zhuoli Industrial Equipment
Yier Mechanical

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Raise Boring Rig product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Raise Boring Rig, with price, sales quantity, revenue, and global market share of Raise Boring Rig from 2019 to 2024.

Chapter 3, the Raise Boring Rig competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Raise Boring Rig breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Raise Boring Rig market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Raise Boring Rig.

Chapter 14 and 15, to describe Raise Boring Rig sales channel, distributors, customers, research findings and conclusion.