Rock Drilling Tools Market (Type: Drill Bits, Drill Hammers, Drill Stem, Drill Rod, and Others; and Drill Type: Hydraulic Drills, Electric Motor Drills, and Pneumatic Rock Drills) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023

Rock Drilling Tools Market – Scope of Report


TMR’s report on the global rock drilling tools market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global rock drilling tools market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global rock drilling tools market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the rock drilling tools market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global rock drilling tools market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global rock drilling tools market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global rock drilling tools market.

The report delves into the competitive landscape of the global rock drilling tools market. Key players operating in the global rock drilling tools market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global rock drilling tools market profiled in this report.

Key Questions Answered in Global Rock Drilling Tools Market Report
  • What is the sales/revenue generated by rock drilling tools across all regions during the forecast period?
  • What are the opportunities in the global rock drilling tools market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Rock Drilling Tools Market – Research Objectives and Research Approach

The comprehensive report on the global rock drilling tools market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global rock drilling tools market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global rock drilling tools market.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Brand Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.4.1. Rock Drilling Tools Market
5.5. Porter’s Five Forces Analysis
5.6. Value Chain Analysis
5.7. Industry SWOT Analysis
5.8. Key Regulatory Framework
5.9. Technology development analysis
5.10. Global Rock Drilling Tools Market Analysis and Forecast, 2017 - 2031
5.10.1. Market Revenue Projections (US$ Mn)
5.10.2. Market Volume Projections (Thousand Units)
6. Global Rock Drilling Tools Market Analysis and Forecast, By Type
6.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
6.1.1. Drill Bits
6.1.1.1. Button Bit
6.1.1.2. Cross Bit
6.1.2. Drill Hammers
6.1.3. Drill Stem
6.1.4. Drill Rod
6.1.5. Others
6.2. Incremental Opportunity, By Type
7. Global Rock Drilling Tools Market Analysis and Forecast, By Drill Type
7.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
7.1.1. Hydraulic Drills
7.1.2. Electric Motor Drills
7.1.3. Pneumatic Rock Drills
7.2. Incremental Opportunity, By Drill Type
8. Global Rock Drilling Tools Market Analysis and Forecast, By Rock Type
8.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
8.1.1. Hard Rock (> 2500 bar)
8.1.2. Medium Hard Rock (1500-2500 bar)
8.1.3. Soft Rock (< 1500 bar)
8.2. Incremental Opportunity, By Rock Type
9. Global Rock Drilling Tools Market Analysis and Forecast, By End-use Industry
9.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
9.1.1. Mining
9.1.2. Construction
9.1.3. Well Drilling
9.1.4. Quarrying
9.1.5. Others
9.2. Incremental Opportunity, By End-use Industry
10. Global Rock Drilling Tools Market Analysis and Forecast, By Distribution Channel
10.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
10.1.1. Direct Sales
10.1.2. Indirect Sales
11. Global Rock Drilling Tools Market Analysis and Forecast, by Region
11.1. Global Rock Drilling Tools Market Size (US$ Mn and Thousand Units), by Region, 2017 - 2031
11.1.1. North America
11.1.2. Europe
11.1.3. Asia Pacific
11.1.4. Middle East & Africa
11.1.5. South America
11.2. Global Incremental Opportunity, by Region
12. North America Rock Drilling Tools Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Macroeconomic Scenario
12.3. Price Trend Analysis
12.4. Key Supplier Analysis
12.4.1. Weighted Average Selling Price ($)
12.5. Key brand Analysis
12.5.1. Demand Side Analysis
12.5.2. Supply Side Analysis
12.6. Key Supplier Analysis
12.7. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
12.7.1. Drill Bits
12.7.1.1. Button Bit
12.7.1.2. Cross Bit
12.7.2. Drill Hammers
12.7.3. Drill Stem
12.7.4. Drill Rod
12.7.5. Others
12.8. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
12.8.1. Hydraulic Drills
12.8.2. Electric Motor Drills
12.8.3. Pneumatic Rock Drills
12.9. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
12.9.1. Hard Rock (> 2500 bar)
12.9.2. Medium Hard Rock (1500-2500 bar)
12.9.3. Soft Rock (< 1500 bar)
12.10. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry , 2017 - 2031
12.10.1. Mining
12.10.2. Construction
12.10.3. Well Drilling
12.10.4. Quarrying
12.10.5. Others
12.11. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
12.11.1. Direct Sales
12.11.2. Indirect Sales
12.12. Rock Drilling Tools Market (US$ Mn and Thousand Units), by Country, 2017 - 2031
12.12.1. U.S.
12.12.2. Canada
12.12.3. Rest of North America
12.13. Incremental Opportunity Analysis
13. Europe Rock Drilling Tools Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Macroeconomic Scenario
13.3. Price Trend Analysis
13.4. Key Supplier Analysis
13.4.1. Weighted Average Selling Price ($)
13.5. Key brand Analysis
13.5.1. Demand Side Analysis
13.5.2. Supply Side Analysis
13.6. Key Supplier Analysis
13.7. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
13.7.1. Drill Bits
13.7.1.1. Button Bit
13.7.1.2. Cross Bit
13.7.2. Drill Hammers
13.7.3. Drill Stem
13.7.4. Drill Rod
13.7.5. Others
13.8. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
13.8.1. Hydraulic Drills
13.8.2. Electric Motor Drills
13.8.3. Pneumatic Rock Drills
13.9. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
13.9.1. Hard Rock (> 2500 bar)
13.9.2. Medium Hard Rock (1500-2500 bar)
13.9.3. Soft Rock (< 1500 bar)
13.10. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
13.10.1. Mining
13.10.2. Construction
13.10.3. Well Drilling
13.10.4. Quarrying
13.10.5. Others
13.11. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
13.11.1. Direct Sales
13.11.2. Indirect Sales
13.12. Rock Drilling Tools Market (US$ Mn and Thousand Units), by Country, 2017 - 2031
13.12.1. Germany
13.12.2. France
13.12.3. U.K.
13.12.4. Rest of Europe
13.13. Incremental Opportunity Analysis
14. Asia Pacific Rock Drilling Tools Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Macroeconomic Scenario
14.3. Price Trend Analysis
14.4. Key Supplier Analysis
14.4.1. Weighted Average Selling Price ($)
14.5. Key brand Analysis
14.5.1. Demand Side Analysis
14.5.2. Supply Side Analysis
14.6. Key Supplier Analysis
14.7. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
14.7.1. Drill Bits
14.7.1.1. Button Bit
14.7.1.2. Cross Bit
14.7.2. Drill Hammers
14.7.3. Drill Stem
14.7.4. Drill Rod
14.7.5. Others
14.8. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
14.8.1. Hydraulic Drills
14.8.2. Electric Motor Drills
14.8.3. Pneumatic Rock Drills
14.9. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
14.9.1. Hard Rock (> 2500 bar)
14.9.2. Medium Hard Rock (1500-2500 bar)
14.9.3. Soft Rock (< 1500 bar)
14.10. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
14.10.1. Mining
14.10.2. Construction
14.10.3. Well Drilling
14.10.4. Quarrying
14.10.5. Others
14.11. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
14.11.1. Direct Sales
14.11.2. Indirect Sales
14.12. Rock Drilling Tools Market (US$ Mn and Thousand Units), by Country, 2017 - 2031
14.12.1. China
14.12.2. Japan
14.12.3. India
14.12.4. Rest of APAC
14.13. Incremental Opportunity Analysis
15. Middle East & Africa Rock Drilling Tools Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Macroeconomic Scenario
15.3. Price Trend Analysis
15.4. Key Supplier Analysis
15.4.1. Weighted Average Selling Price ($)
15.5. Key brand Analysis
15.5.1. Demand Side Analysis
15.5.2. Supply Side Analysis
15.6. Key Supplier Analysis
15.7. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
15.7.1. Drill Bits
15.7.1.1. Button Bit
15.7.1.2. Cross Bit
15.7.2. Drill Hammers
15.7.3. Drill Stem
15.7.4. Drill Rod
15.7.5. Others
15.8. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
15.8.1. Hydraulic Drills
15.8.2. Electric Motor Drills
15.8.3. Pneumatic Rock Drills
15.9. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
15.9.1. Hard Rock (> 2500 bar)
15.9.2. Medium Hard Rock (1500-2500 bar)
15.9.3. Soft Rock (< 1500 bar)
15.10. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry , 2017 - 2031
15.10.1. Mining
15.10.2. Construction
15.10.3. Well Drilling
15.10.4. Quarrying
15.10.5. Others
15.11. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
15.11.1. Direct Sales
15.11.2. Indirect Sales
15.12. Rock Drilling Tools Market (US$ Mn and Thousand Units), by Country, 2017 - 2031
15.12.1. GCC
15.12.2. South Africa
15.12.3. Rest of Middle East & Africa
15.13. Incremental Opportunity Analysis
16. South America Rock Drilling Tools Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Macroeconomic Scenario
16.3. Price Trend Analysis
16.4. Key Supplier Analysis
16.4.1. Weighted Average Selling Price ($)
16.5. Key brand Analysis
16.5.1. Demand Side Analysis
16.5.2. Supply Side Analysis
16.6. Key Supplier Analysis
16.7. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Type, 2017 - 2031
16.7.1. Drill Bits
16.7.1.1. Button Bit
16.7.1.2. Cross Bit
16.7.2. Drill Hammers
16.7.3. Drill Stem
16.7.4. Drill Rod
16.7.5. Others
16.8. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Drill Type, 2017 - 2031
16.8.1. Hydraulic Drills
16.8.2. Electric Motor Drills
16.8.3. Pneumatic Rock Drills
16.9. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Rock Type, 2017 - 2031
16.9.1. Hard Rock (> 2500 bar)
16.9.2. Medium Hard Rock (1500-2500 bar)
16.9.3. Soft Rock (< 1500 bar)
16.10. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By End-use Industry, 2017 - 2031
16.10.1. Mining
16.10.2. Construction
16.10.3. Well Drilling
16.10.4. Quarrying
16.10.5. Others
16.11. Rock Drilling Tools Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2017- 2031
16.11.1. Direct Sales
16.11.2. Indirect Sales
16.12. Rock Drilling Tools Market (US$ Mn and Thousand Units), by Country, 2017 - 2031
16.12.1. Brazil
16.12.2. Rest of Latin America
16.13. Incremental Opportunity Analysis
17. Competition Landscape
17.1. Market Player – Competition Dashboard
17.2. Market Share % -2022
17.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Product Mapping, Strategy & Business Overview)
17.3.1. Drill King International. L.P
17.3.1.1. Company Overview
17.3.1.2. Sales Area/Geographical Presence
17.3.1.3. Revenue
17.3.1.4. Product Mapping
17.3.1.5. Strategy & Business Overview
17.3.2. Epiroc AB
17.3.2.1. Company Overview
17.3.2.2. Sales Area/Geographical Presence
17.3.2.3. Revenue
17.3.2.4. Product Mapping
17.3.2.5. Strategy & Business Overview
17.3.3. Furukawa Rock Drill. USA
17.3.3.1. Company Overview
17.3.3.2. Sales Area/Geographical Presence
17.3.3.3. Revenue
17.3.3.4. Product Mapping
17.3.3.5. Strategy & Business Overview
17.3.4. Global Mining Equipments
17.3.4.1. Company Overview
17.3.4.2. Sales Area/Geographical Presence
17.3.4.3. Revenue
17.3.4.4. Product Mapping
17.3.4.5. Strategy & Business Overview
17.3.5. Holte Manufacturing
17.3.5.1. Company Overview
17.3.5.2. Sales Area/Geographical Presence
17.3.5.3. Revenue
17.3.5.4. Product Mapping
17.3.5.5. Strategy & Business Overview
17.3.6. Mincon Group plc
17.3.6.1. Company Overview
17.3.6.2. Sales Area/Geographical Presence
17.3.6.3. Revenue
17.3.6.4. Product Mapping
17.3.6.5. Strategy & Business Overview
17.3.7. Numa Tool Company
17.3.7.1. Company Overview
17.3.7.2. Sales Area/Geographical Presence
17.3.7.3. Revenue
17.3.7.4. Product Mapping
17.3.7.5. Strategy & Business Overview
17.3.8. Rockmore International, Inc.
17.3.8.1. Company Overview
17.3.8.2. Sales Area/Geographical Presence
17.3.8.3. Revenue
17.3.8.4. Product Mapping
17.3.8.5. Strategy & Business Overview
17.3.9. Rock-Tech International
17.3.9.1. Company Overview
17.3.9.2. Sales Area/Geographical Presence
17.3.9.3. Revenue
17.3.9.4. Product Mapping
17.3.9.5. Strategy & Business Overview
17.3.10. Sandvik AB
17.3.10.1. Company Overview
17.3.10.2. Sales Area/Geographical Presence
17.3.10.3. Revenue
17.3.10.4. Product Mapping
17.3.10.5. Strategy & Business Overview
17.3.11. Other key players
17.3.11.1. Company Overview
17.3.11.2. Sales Area/Geographical Presence
17.3.11.3. Revenue
17.3.11.4. Product Mapping
17.3.11.5. Strategy & Business Overview
18. Go to Market Strategy
18.1. Identification of Potential Market Spaces
18.1.1. By Type
18.1.2. By Drill Type
18.1.3. By Rock Type
18.1.4. By End-use Industry
18.1.5. By Distribution Channel
18.1.6. By Region
18.2. Preferred Sales & Marketing Strategy

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