Mine Drilling Rig Market
Mine Drilling Rig Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0517
Segments Covered
By
Type Crawler, Portable, Tripod-style
-
By
Application Open Pit Ming, Quarries, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
3125 Million |
 Revenue 2028:
|
4276.77 Million |
 Revenue CAGR
(2021 - 2028): |
3.9 |
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
Type Analysis: Preview On the basis of Type,
the market is segmented into Crawler, Portable, Tripod-style. Tripod-style held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Tripod-style
in emerging economies in Asia Pacific region. Application
Analysis: Preview
Based on Application,
the market is segmented into Open Pit Ming, Quarries, Others. Pit Mining, accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Mine Drilling Rig Market: Type Segment Analysis
-
- Crawler
- Portable
- Tripod-style
Global Mine Drilling Rig Market: Application Segment Analysis
-
- Open Pit Ming
- Quarries
- Others
FAQ
Frequently Asked Question
What is the global demand for Mine Drilling Rig in terms of revenue?
-
The global Mine Drilling Rig valued at 3125 Million in 2020 and is expected to reach 4276.77 Million in 2028 growing at a CAGR of 3.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Nabors Industries, Epiroc, Mine Master, Helmerich and Payne, Ausdrill, Archer, Geomachine Oy..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.9% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Mine Drilling Rig include
- The increasing demand for metal as well as minerals with this the expansion of existing mines, and growth of construction of roads, railways and tunnels, are boosting the market growth.
- Furthermore, the technological advancements in portable projectors is anticipated to augment the growth of the market over the forecast period.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Mine Drilling Rig in 2020.
