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

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

According to our (Global Info Research) latest study, the global Rise Boring Rig market size was valued at USD 200.7 million in 2023 and is forecast to a readjusted size of USD 246.3 million by 2030 with a CAGR of 3.0% during review period.

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.

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 38%, followed by Europe and North America with the share about

The Global Info Research report includes an overview of the development of the Rise Boring Rig industry chain, the market status of Mining (Normal Diameter, Large Diameter), Power Industry (Normal Diameter, Large Diameter), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Rise Boring Rig.

Regionally, the report analyzes the Rise Boring Rig markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Rise Boring Rig market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Rise Boring Rig market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Rise Boring Rig industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Normal Diameter, Large Diameter).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Rise Boring Rig market.

Regional Analysis: The report involves examining the Rise Boring Rig market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Rise Boring Rig market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Rise Boring Rig:

Company Analysis: Report covers individual Rise Boring Rig manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Rise Boring Rig This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Mining, Power Industry).

Technology Analysis: Report covers specific technologies relevant to Rise Boring Rig. It assesses the current state, advancements, and potential future developments in Rise Boring Rig areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Rise Boring Rig market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Rise 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.

Market segment by Type
Normal Diameter
Large Diameter

Market segment by Application
Mining
Power Industry
Underground Construction
Others

Major players covered
Herrenknecht AG
Epiroc
Terratec
Rhino
Master Drilling
Changzhou Jianfei Machinery Manufacturing
Ningxia Tiandi Benniu Industrial Group

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 Rise Boring Rig product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Rise 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Rise Boring Rig market forecast, by regions, type and 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 Rise Boring Rig.

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