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Rotary Blasthole Drilling Rig Market

Rotary Blasthole Drilling Rig Market

Rotary Blasthole Drilling Rig Market Global Industry Assessment & Forecast

# Pages:

151

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0518

Segments Covered
  • By Type Large-range Drilling Rig, Mid-range Drilling Rig, Others
  • By Application Quarries, Open Pit Mining, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 2.89 Billion
Revenue 2028Revenue 2028: 3.86 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 3.7
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
  • The global Rotary Blasthole Drilling Rig valued at 2.89 Billion in 2020 and is expected to reach 3.86 Billion in 2028 growing at a CAGR of 3.7%.

  • The prominent players in the market are CAT, Schramm, Atlas Copco, Sandvick, KAMA, Sinosteel HYMC, FURUKAWA, Joy..

  • The market is project to grow at a CAGR of 3.7% between 2021 and 2028.

  • The driving factors of the Rotary Blasthole Drilling Rig include

    • The rise in technological advancements and introduction of various powerful rotary tricone drill rigs are expected to supplement the market growth in the years to come. Moreover, government and other communication groups have focused on increasing the coverage of railroad and roadways, through different geographical areas.
    • The rise in construction and infrastructure activities is anticipated to augment the growth of the market over the forecast period.

  • Asia Pacific was the leading regional segment of the Rotary Blasthole Drilling Rig in 2020.