Borehole equipment are special-purpose machines, particularly used for mud drilling and drill hole enlarging in several applications such as mining, oil & gas, water tube well drilling, and infrastructure.
The borehole equipment market is largely driven by the increase in spending on infrastructure. Countries such as the U.S., China, Japan, Italy, India, Australia, and Germany have vast infrastructure. Along with infrastructure, agriculture also requires borehole equipment for irrigation proposes by tapping into underground water sources. Mining and oil & gas industries also rely on borehole equipment to extract oil, gas, and other related fuels and derivatives. Laying of craters and holes for explosives and creating access to underground mines is primarily carried out using borehole equipment. Thus, borehole equipment is used in a project that needs to work below ground. This drives the market for borehole equipment.
In 2019, the market size of Borehole Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Borehole Equipment.
This report studies the global market size of Borehole Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Borehole Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Dando Drilling International
Bohrmeister
Borehole Machinery
Getech International
Shandong Xin Mei Mining Group
Audie Steel & Engineering
Glorytek Industry
PRD Rigs
Market Segment by Product Type
Hydraulic
Pneumatic
Others
Market Segment by Application
Oil & Gas
Mining
Infrastructure & Construction
Agriculture
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Borehole Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Borehole Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Borehole Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Borehole Equipment. Industry analysis & Market Report on Borehole Equipment is a syndicated market report, published as Global (United States, European Union and China) Borehole Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Borehole Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.