Global Air Core Drilling Market Growth 2023-2029

Global Air Core Drilling Market Growth 2023-2029

Air core drilling is a well-known and widely used method when it comes to soft rock and soil formations that don't need heavy machinery in order to drill through to the desired depth. The standout feature of this drilling method is that it makes use of three blades that cut into the earth.

LPI (LP Information)' newest research report, the “Air Core Drilling Industry Forecast” looks at past sales and reviews total world Air Core Drilling sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Core Drilling sales for 2023 through 2029. With Air Core Drilling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Core Drilling industry.

This Insight Report provides a comprehensive analysis of the global Air Core Drilling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air Core Drilling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air Core Drilling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Core Drilling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Core Drilling.

The global Air Core Drilling market size is projected to grow from US$ 1116.7 million in 2022 to US$ 1484.4 million in 2029; it is expected to grow at a CAGR of 1484.4 from 2023 to 2029.

North America was the leading region and accounted for 35.2% of the total industry. The regional market is characterized by technological advancements and increasing requirement for efficient drilling techniques for regolith and loose soil hydrocarbon regions. Surging energy requirements in the region, especially in the U.S., is pushing industry participants to explore unconventional reserves. This is estimated to drive the industry growth in the region over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Air Core Drilling market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Dust Drilling
Mist Drilling
Foam Drilling
Aerated Fluid Drilling
Nitrogen Membrane Drilling

Segmentation by application
Oil & Gas
Mining
Construction

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Schlumberger
Halliburton
GE(Baker Hughes)
Weatherford
Atlas Copco.
Allis Chalmers
Harlsan
San Antonio Global
Tesco
Premier
AusDrill
Master Drilling
Chicago Pneumatic
Brown Bros.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air Core Drilling market?

What factors are driving Air Core Drilling market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air Core Drilling market opportunities vary by end market size?

How does Air Core Drilling break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.