Japan Mining Drilling Services Market, By Mining Type (Metal, Coal, Mineral, and Quarry), By Type (Surface, Underground), By Region, Competition Forecast & Opportunities, 2027

Japan Mining Drilling Services Market, By Mining Type (Metal, Coal, Mineral, and Quarry), By Type (Surface, Underground), By Region, Competition Forecast & Opportunities, 2027

The Japan mining drilling services market is expected to grow at a steady rate in the forecast period, 2023-2027. The utilization of cutting-edge tools and technology and the rise in the demand for coal and mineral resources in the country primarily drive the demand for the Japan mining drilling services market. Drilling activities performed under a contract for the extraction of coal, metals, and minerals are referred to as mining drilling services. Along with body characterization and underground and surface blast hole drilling, mining services also offer mine closure, exploration, production, and development services. One of the main reasons mining drilling services are used in the mining of minerals, quarries, and coal is that they increase precision, efficiency, and worker safety. The mining industry has to grow more because Japan imports most of the minerals and metals it needs for its consumption. Large-scale extraction and processing are needed in the nation to produce iron and steel that is fit for usage. Also, the adoption of low-emission modes of transportation and emission systems and the utilization of cutting-edge technology to incorporate parts in cars that make the use of mineral-based fuel instead of fossil-based fuel are expected to boost the market growth.

The Japan mining drilling services market is segmented into mining type, type, regional distribution, and competitive landscape. Based on the mining type, the market is divided into metal, coal, mineral, and quarry. The mineral segment is expected to account for a significant market share in the forecast period, 2023-2027. Mineral mining for metal production and the rising demand for minerals from well-known industry verticals, including the automotive, construction, and electrical industries, are anticipated to influence the market demand. Trends toward attaining a low-carbon economy and the surge in demand for goods made from mineral resources, and the digitization of the mining industry are expected to contribute to the market growth significantly.

The major market players operating in the Japan mining drilling services market are FURUKAWA CO.,LTD, Japan Drilling Co., Ltd., Japan Petroleum Exploration Co., Ltd., INPEX Drilling Co., Ltd.(Teiseki Drilling Co., Ltd.), KOKEN BORING MACHINE CO., LTD., TOA-TONE BORING CO.,LTD., YBM Co., Ltd., TOHO CHIKAKOKI CO.,LTD., Nittetsu Mining Co., Ltd., Sumitomo Metal Mining Co., Ltd.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022

Forecast Period: 2023–2027

Objective of the Study:

• To analyze the historical growth in the market size of the Japan mining drilling services market from 2023 to 2027.
• To estimate and forecast the market size of Japan mining drilling services market from 2023 to 2027 and growth rate until 2027.
• To classify and forecast the Japan mining drilling services market based on mining type, type, region, and company.
• To identify the dominant region or segment in the Japan mining drilling services market.
• To identify drivers and challenges for the Japan mining drilling services market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Japan mining drilling services market.
• To identify and analyze the profiles of leading players operating in the Japan mining drilling services market.
• To identify key sustainable strategies adopted by market players in Japan mining drilling services market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of the Japan mining drilling services market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Japan mining drilling services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Japan Mining Drilling Services Market, By Mining Type:
• Metal
• Coal
• Mineral
• Quarry
• Japan Mining Drilling Services Market, By Type:
• Surface
• Underground
• Japan Mining Drilling Services Market, By Region:
• Hokkaido & Tohoku
• Chubu
• Chugoku
• Kyushu
• Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Japan mining drilling services market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights