Global Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs Market Growth 2023-2029
The global Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market size is projected to grow from US$ 748.9 million in 2022 to US$ 1232.4 million in 2029; it is expected to grow at a CAGR of 1232.4 from 2023 to 2029.
DTH Drill Rigs are machines equipped with powerful diving hammers, air compressors, efficient dust suppression equipment, etc. The essence of submerged drilling is to make the impactor submerged in the hole during the drilling process, in order to reduce the energy loss caused by the impact work transmitted by the brazing rod, thus reducing the impact of the hole depth on the drilling efficiency.
The main manufacturers of global hydraulic integrated submersible drilling rigs are Sandvik AB, Epiroc AB, Sunward, Zhigao, Furukawa Rock Drill Co., Ltd, Taiye Drilling and Kaishan Mechanical, etc. The top three manufacturers occupy a total market share of about 60%, among which the largest manufacturer is Sandvik with a market share of 24.68%. The global production regions of hydraulic integrated submersible drilling rigs are mainly located in Europe, North America, China, Japan, etc., of which China is the largest production region, occupying 66.99% of the market share. In terms of product categories, the market share of 115mm aperture is the highest with 26.46%, followed by 140/152mm aperture and above 165mm aperture, accounting for 16.31% and 13.43% respectively. In terms of its application, the mining industry is the top application area with a market share of 59.03%, followed by the construction with 17.56%.
LPI (LP Information)' newest research report, the “Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs Industry Forecast” looks at past sales and reviews total world Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs sales for 2023 through 2029. With Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs 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 Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs 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 Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
115mm Aperture
140/152mm Aperture
165mm Aperture
Above 165mm Aperture
Others
Segmentation by application
Mining Industry
Waterwell Drilling
Construction
Oil and Gas Industries
Others
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.
Sandvik AB
Epiroc AB
Sunward
Zhigao
Furukawa Rock Drill Co., Ltd.
Taiye Drilling
Kaishan Mechanical
JK Drilling
Shandong Hengwang Group Co., Ltd.
Hongwuhuan
Hongda
Shoukai
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market?
What factors are driving Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs market opportunities vary by end market size?
How does Hydraulic Integrated Down-The-Hole (DTH) Drill Rigs 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.
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