Product Code: TMRGL85814
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.
Market Snapshot |
Market Value in 2023 | US$ 1.1 Bn |
Market Value in 2031 | US$ 1.7 Bn |
CAGR | 4.6% |
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.
Table of Contents
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