Global Top Hammer Rod Market Growth 2024-2030
Top Hammer Rod is a drill rod used in top hammer drilling system, responsible for transmitting the impact and rotational force generated by the drill rig to the drill bit, thereby breaking and drilling rocks or hard materials. The top hammer system generates impact force through the top mounted hammer device, and transmits it to the drill bit through the Top Hammer Rod to achieve efficient drilling. Top Hammer Rod is usually made of high-strength steel with good wear resistance and tensile strength to cope with the high pressure and friction generated during drilling.
The global Top Hammer Rod market size is projected to grow from US$ 237 million in 2024 to US$ 286 million in 2030; it is expected to grow at a CAGR of 3.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Top Hammer Rod Industry Forecast” looks at past sales and reviews total world Top Hammer Rod sales in 2023, providing a comprehensive analysis by region and market sector of projected Top Hammer Rod sales for 2024 through 2030. With Top Hammer Rod sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Top Hammer Rod industry.
This Insight Report provides a comprehensive analysis of the global Top Hammer Rod 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 Top Hammer Rod portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Top Hammer Rod market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Top Hammer Rod 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 Top Hammer Rod.
United States market for Top Hammer Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Top Hammer Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Top Hammer Rod is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Top Hammer Rod players cover Sandvik, Boart Longyear, Epiroc, Robit, Maxtrill, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Top Hammer Rod market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Extension Drill Rod
Integral Drill Rod
Others
Segmentation by Application:
Tunneling
Construction
Mining and Quarrying
Other
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 analysing the company's coverage, product portfolio, its market penetration.
Sandvik
Boart Longyear
Epiroc
Robit
Maxtrill
ProDrill
FURUKAWA ROCK DRILL
Rockmore International
JSI Rock Tools
SINODRILLS
Litian
Technidrill
Pinnacle Drilling
ZEGA
MAXDRILL ROCK TOOLS
Key Questions Addressed in this Report
What is the 10-year outlook for the global Top Hammer Rod market?
What factors are driving Top Hammer Rod market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Top Hammer Rod market opportunities vary by end market size?
How does Top Hammer Rod break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.