Tunneling and rock drilling equipment is machinery used to create huge holes in the earths subsurface. The holes can be used to construct infrastructure projects such as underground tunnels or to extract minerals.
A rapid increase in technology is the primary driver of the market. As technology has developed, it has enabled tunneling and drilling at the most critical areas too. Also, the monitors and sensors make way for the smooth functioning of the tunneling and drilling process, thus increasing the demand for it. Advancements in the tunneling process and the latest trend of dismantling tunnels are expected to create future opportunities. However, the tunneling and rock drilling equipment need timely maintenance, which could be a restraint for the market.
APAC dominated the tunneling and rock drilling equipment during the forecast period. The rising infrastructural activities are the key contributor to the dominance of the tunneling and rock drilling equipment market in the region.
In 2019, the market size of Tunneling and Rock Drilling 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 Tunneling and Rock Drilling Equipment.
This report studies the global market size of Tunneling and Rock Drilling 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 Tunneling and Rock Drilling 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:
Atlas Copco
Hitachi Zosen
Sandvik Construction
Sanyhe International Holdings
Herrenknecht
Furukawa Rock Drill
Kawasaki Heavy
Komatsu
Sunward Equipment Group
China Railway Engineering
XCMG Group
DH Mining System
Market Segment by Product Type
Medium-Sized
Large-Sized
Heavy-Sized
Others
Market Segment by Application
Mining
Construction
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 Tunneling and Rock Drilling 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 Tunneling and Rock Drilling 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 Tunneling and Rock Drilling 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 Tunneling and Rock Drilling Equipment. Industry analysis & Market Report on Tunneling and Rock Drilling Equipment is a syndicated market report, published as Global (United States, European Union and China) Tunneling and Rock Drilling Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Tunneling and Rock Drilling Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.