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.
The global Borehole Equipment market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Borehole Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Borehole Equipment market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Borehole Equipment in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Borehole Equipment manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Dando Drilling International
Bohrmeister
Borehole Machinery
Getech International
Shandong Xin Mei Mining Group
Audie Steel & Engineering
Glorytek Industry
PRD Rigs
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Hydraulic
Pneumatic
Others
Segment by Application
Oil & Gas
Mining
Infrastructure & Construction
Agriculture
Others
Summary:
Get latest Market Research Reports on Borehole Equipment. Industry analysis & Market Report on Borehole Equipment is a syndicated market report, published as Global Borehole Equipment Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Borehole Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.