Drilling Machine is a complex machine consisting of a machine, a crew, and a mechanism. Drilling rigs are mechanical devices that drive drilling tools to drill underground and obtain physical geological data in the exploration or development of mineral resources such as solid ore, liquid ore and gas ore. Also known as drilling machine. The main role is to drive the drilling tool to crush the rock at the bottom of the hole, and to drill or raise the drill in the hole. It can be used to drill cores, cores, cuttings, gas samples, liquid samples in order to explore underground geological and mineral resources.
First of all, increasing demand for Drilling Machine Market is expected to result in the growth of the market. Rapid industrialization in the Asia-Pacific region drives the demand of drilling machine in this region. Venezuela, Kuwait, Saudi Arabia, UAE, Canada, Iran and Iraq are to witness a significant growth over the forecast period owing to discovery of new oil reserves in these areas. Second, this industry research report identifies the exponential increase in the demand for fabricated metal products to be one of the major factors that will have a positive impact on the growth of this market in the coming years. This is because fabricated metals are mainly used in manufacturing and construction. The rise in demand for fabricated metals across the globe will boost the growth of the drilling equipment market. APAC is expected to witness rise in demand for drilling equipment, and China and South Korea is estimated to dominate this market in forecast period year.
The global Drilling Machine 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 Drilling Machine volume and value at global level, regional level and company level. From a global perspective, this report represents overall Drilling Machine market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Drilling Machine in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Drilling Machine manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
NewTech Drilling Products
Baker Huges
Cheston
National Oilwell Varco
Halliburton
Atlas Copco
Torquado Drilling Accessories
DATRON
DMTG
DMG MORI
SMTCL
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Portable Drilling Machine
Hand Drilling Machine
Sensitive Drilling Machine
Bench Drilling Machine
Upright Drilling Machine
Radial Drilling Machine
Gang Drilling Machine
Multiple Spindle Drilling Machine
Deep Hole Drilling Machine
Segment by Application
Wood Working
Metal Working
Oil Well Drilling
Summary:
Get latest Market Research Reports on Drilling Machine. Industry analysis & Market Report on Drilling Machine is a syndicated market report, published as Global Drilling Machine Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Drilling Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.