According to our (Global Info Research) latest study, the global Gang Drilling Machine market size was valued at USD 6247.8 million in 2023 and is forecast to a readjusted size of USD 9652.9 million by 2030 with a CAGR of 6.4% during review period.
Gang drilling is performed with a dedicated gang drilling machine. A gang drilling machine is a type of lathe that specializes in gang drilling holes.
While general lathes rotate the material, hole drilling by gang drilling machines is performed by rotating the gang drills. In deep hole drilling, chips generated by the drilling process can block the drilled hole or interfere with the drill's rotation, resulting in damage to the drill. As a countermeasure, cutting oil is continuously injected from the tip of the drill to create a flow of cutting oil inside the drilled hole, which pushes chips backward out of the hole.
The gang drill has a holding section at the base of the drill, called a screwdriver, which is held by the rotating chuck of the gang drilling machine. Cutting fluid is supplied from the rear of the driver, passes through the shank of the gang drill, and is sprayed from the cutting edge at the tip of the drill. For this reason, gang drilling machines are characterized by the center-through coolant function (function to supply cutting oil) in the part that holds the driver.
Depending on the machining depth, the length of a gang drill can be dozens of times longer than its diameter. The depth of drilling causes runout of the shank (shaft) of the gang drill, and several guides are provided on the gang drilling machine to suppress this runout. The number of guides used can be selected according to the hole depth, and the guides move without interfering with machining.
The global market for gang drilling machines is expected to experience steady growth in the coming years. Gang drilling machines are widely used in various industries such as automotive, aerospace, and construction for drilling multiple holes simultaneously in a workpiece. The increasing demand for precision drilling and the need for efficient production processes are driving the growth of the gang drilling machine market.
One of the key factors driving the growth of the gang drilling machine market is the increasing adoption of automation in manufacturing processes. Gang drilling machines offer high precision and efficiency, making them ideal for automated production lines. Additionally, the growing demand for customized and complex components in industries such as automotive and aerospace is fueling the demand for gang drilling machines.
The market for gang drilling machines is also benefiting from technological advancements such as the integration of CNC (Computer Numerical Control) systems and IoT (Internet of Things) technology. These advancements enable operators to program and monitor the drilling process more effectively, leading to improved productivity and quality.
In terms of regional analysis, Asia Pacific is expected to dominate the gang drilling machine market due to the presence of a large manufacturing sector in countries such as China, India, and Japan. North America and Europe are also significant markets for gang drilling machines, driven by the strong presence of automotive and aerospace industries in these regions.
The Global Info Research report includes an overview of the development of the Gang Drilling Machine industry chain, the market status of Automobile Manufacturing (Horizontal, Vertical), Aerospace (Horizontal, Vertical), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Gang Drilling Machine.
Regionally, the report analyzes the Gang Drilling Machine markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Gang Drilling Machine market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Gang Drilling Machine market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Gang Drilling Machine industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Horizontal, Vertical).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Gang Drilling Machine market.
Regional Analysis: The report involves examining the Gang Drilling Machine market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Gang Drilling Machine market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Gang Drilling Machine:
Company Analysis: Report covers individual Gang Drilling Machine manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Gang Drilling Machine This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automobile Manufacturing, Aerospace).
Technology Analysis: Report covers specific technologies relevant to Gang Drilling Machine. It assesses the current state, advancements, and potential future developments in Gang Drilling Machine areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Gang Drilling Machine market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Gang Drilling Machine market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Horizontal
Vertical
Market segment by Application
Automobile Manufacturing
Aerospace
Machinery Manufacturing
Others
Major players covered
E-Z Drill, Inc.
NS Machine
SUGINO MACHINE LIMITED
HELTOS a.s.
Sandvik Coromant
Muraki co.,ltd.
Miroku Machine Tool Inc.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Gang Drilling Machine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Gang Drilling Machine, with price, sales, revenue and global market share of Gang Drilling Machine from 2019 to 2024.
Chapter 3, the Gang Drilling Machine competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Gang Drilling Machine breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Gang Drilling Machine market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Gang Drilling Machine.
Chapter 14 and 15, to describe Gang Drilling Machine sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Gang Drilling Machine. Industry analysis & Market Report on Gang Drilling Machine is a syndicated market report, published as Global Gang Drilling Machine Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Gang Drilling Machine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.