Global Rock Drilling Jumbo Market Growth 2023-2029
Rock Drilling Jumbo is mainly composed of rock drill, drill arm (the support, positioning and propelling mechanism), frame, travel system, and other necessary attachments. The product features self-propelling and that multiple rock drills can work simultaneously. And it is mainly used in the tunneling operation by drilling and blasting method and mining exploration.
LPI (LP Information)' newest research report, the “Rock Drilling Jumbo Industry Forecast” looks at past sales and reviews total world Rock Drilling Jumbo sales in 2022, providing a comprehensive analysis by region and market sector of projected Rock Drilling Jumbo sales for 2023 through 2029. With Rock Drilling Jumbo sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rock Drilling Jumbo industry.
This Insight Report provides a comprehensive analysis of the global Rock Drilling Jumbo 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 Rock Drilling Jumbo portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Rock Drilling Jumbo market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rock Drilling Jumbo 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 Rock Drilling Jumbo.
The global Rock Drilling Jumbo market size is projected to grow from US$ 389.3 million in 2022 to US$ 521.1 million in 2029; it is expected to grow at a CAGR of 521.1 from 2023 to 2029.
Global Rock Drilling Jumbo key players include Epiroc, Sandvik Construction, Furukawa, Komatsu Mining Corp., Sitoncn, etc. Global top five manufacturers hold a share about 56%. Europe is the largest market, with a share about 36%, followed by China and North America, both have a share about 38 percent. In terms of product, Single Arm Rock Drilling Jumbo is the largest segment, with a share over 43%. And in terms of application, the largest application is Mining, followed by Railway and Highway Construction, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Rock Drilling Jumbo market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single Arm Rock Drilling Jumbo
Double Arm Rock Drilling Jumbo
Multi Arm Rock Drilling Jumbo
Segmentation by application
Mining
Railway and Highway Construction
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 analyzing the company's coverage, product portfolio, its market penetration.
Epiroc
Sandvik Construction
Furukawa
Komatsu Mining Corp.
J.H. Fletcher
Sitoncn
Mine Master
Hebei Hong Yuan Hydraulic Machinery and Technology Co.
HAZEMAG
Lake Shore Systems
XCMG
China Railway Engineering Equipment Group Co., Ltd.
Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Co., Ltd.
Shandong China Coal Industrial&Mining Supplies Group Co.,Ltd
Cocental - CMM
Sichuan Zuanshen Intelligent Machinery Manufacturing Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rock Drilling Jumbo market?
What factors are driving Rock Drilling Jumbo market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rock Drilling Jumbo market opportunities vary by end market size?
How does Rock Drilling Jumbo 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook