Rotary Blasthole Drilling Rig Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 148 Pages I IMARC Group
Market Overview:
The global rotary blasthole drilling rig market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.14% during 2023-2028.
A rotary blasthole drilling rig is a machine that creates holes in the surface of the earth. It is a massive structure housing equipment used to drill water, oil, and natural gas extraction wells. It is easy to install and relocate while allowing greater operational flexibility due to its lightweight modular design. It is self-propelled and equipped with computer operating systems to enhance productivity. It is more eco-friendly and generates lesser vibrations and noise compared to conventional drilling rigs. It is employed to install sub-surface fabrications, such as underground utilities, instrumentation, tunnels, or wells. It assists in drilling mud, controlling hole pressures, stabilizing the hole wall, and removing drill cuttings.
Rotary Blasthole Drilling Rig Market Trends:
At present, the growing utilization of rotary blasthole drilling rigs in rotary drilling at large quarries, open pit mines, petroleum extraction, and other fields represents one of the key factors driving the market. Besides this, rising construction activities in commercial and residential sectors across the globe, along with the expanding construction industry, are contributing to the growth of the market. In addition, the growing employment of diesel or gasoline-powered rotary blasthole drilling rigs to mine coal, gold, and other minerals is offering a positive market outlook. Moreover, the increasing demand for rotary blasthole drilling rigs in the mining sector due to their low cost and high operational speed is offering lucrative growth opportunities to industry investors. Apart from this, key players currently operating in the industry are extensively investing in research and development (R&D) activities to introduce autonomous rotary drill rigs for offering optimum mining output within a short timeline and with low labor costs. Additionally, governments of several countries are focusing on developing road and railway infrastructure, which is bolstering the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rotary blasthole drilling rig market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, power and application.
Breakup by Type:
Large-range Drilling Rig
Mid-range Drilling Rig
Others
Breakup by Power:
Electric
Diesel
Hybrid
Breakup by Application:
Quarries
Open-Pit Mining
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bauer AG, Caterpillar Inc., Epiroc AB, Komatsu Ltd., Liebherr Group, Nanchang Kamach Mining Co. Ltd., Sandvik AB, Schramm Inc. and Sunward Intelligent Equipment Co. Ltd.
Key Questions Answered in This Report:
How has the global rotary blasthole drilling rig market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global rotary blasthole drilling rig market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the power?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global rotary blasthole drilling rig market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Rotary Blasthole Drilling Rig Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1Large-range Drilling Rig
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Mid-range Drilling Rig
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Power
7.1Electric
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Diesel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Hybrid
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1Quarries
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Open-Pit Mining
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Bauer AG
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2Caterpillar Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3Epiroc AB
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4Komatsu Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5Liebherr Group
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6Nanchang Kamach Mining Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7Sandvik AB
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8Schramm Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Sunward Intelligent Equipment Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
Figure 1: Global: Rotary Blasthole Drilling Rig Market: Major Drivers and Challenges
Figure 2: Global: Rotary Blasthole Drilling Rig Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Rotary Blasthole Drilling Rig Market: Breakup by Type (in %), 2022
Figure 5: Global: Rotary Blasthole Drilling Rig Market: Breakup by Power (in %), 2022
Figure 6: Global: Rotary Blasthole Drilling Rig Market: Breakup by Application (in %), 2022
Figure 7: Global: Rotary Blasthole Drilling Rig Market: Breakup by Region (in %), 2022
Figure 8: Global: Rotary Blasthole Drilling Rig (Large-range Drilling Rig) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Rotary Blasthole Drilling Rig (Large-range Drilling Rig) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Rotary Blasthole Drilling Rig (Mid-range Drilling Rig) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Rotary Blasthole Drilling Rig (Mid-range Drilling Rig) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Rotary Blasthole Drilling Rig (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Rotary Blasthole Drilling Rig (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Rotary Blasthole Drilling Rig (Electric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Rotary Blasthole Drilling Rig (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Rotary Blasthole Drilling Rig (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Rotary Blasthole Drilling Rig (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Rotary Blasthole Drilling Rig (Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Rotary Blasthole Drilling Rig (Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Rotary Blasthole Drilling Rig (Quarries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Rotary Blasthole Drilling Rig (Quarries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Rotary Blasthole Drilling Rig (Open-Pit Mining) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Rotary Blasthole Drilling Rig (Open-Pit Mining) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Rotary Blasthole Drilling Rig (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Rotary Blasthole Drilling Rig (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: North America: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: North America: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: United States: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: United States: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Canada: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Canada: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Asia-Pacific: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Asia-Pacific: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: China: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: China: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Japan: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Japan: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: India: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: India: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: South Korea: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: South Korea: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Australia: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Australia: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Indonesia: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Indonesia: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Others: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Others: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Germany: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Germany: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: France: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: France: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: United Kingdom: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: United Kingdom: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Italy: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Italy: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Spain: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Spain: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Russia: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Russia: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Others: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Others: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Latin America: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Latin America: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Brazil: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Brazil: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Mexico: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Mexico: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Others: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Others: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Middle East and Africa: Rotary Blasthole Drilling Rig Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Middle East and Africa: Rotary Blasthole Drilling Rig Market: Breakup by Country (in %), 2022
Figure 74: Middle East and Africa: Rotary Blasthole Drilling Rig Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Global: Rotary Blasthole Drilling Rig Industry: SWOT Analysis
Figure 76: Global: Rotary Blasthole Drilling Rig Industry: Value Chain Analysis
Figure 77: Global: Rotary Blasthole Drilling Rig Industry: Porter's Five Forces Analysis
Table 1: Global: Rotary Blasthole Drilling Rig Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Rotary Blasthole Drilling Rig Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Rotary Blasthole Drilling Rig Market Forecast: Breakup by Power (in Million US$), 2023-2028
Table 4: Global: Rotary Blasthole Drilling Rig Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Rotary Blasthole Drilling Rig Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Rotary Blasthole Drilling Rig Market: Competitive Structure
Table 7: Global: Rotary Blasthole Drilling Rig Market: Key Players
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