Allied Market Research

2024

Roof Bolters Market

Roof Bolters Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type and, by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Engineering, Equipment and Machinery

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Author's: | Sonia Mutreja
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Roof bolters are machines that install roof support bolts at specified distance from the ribs in mines, underground power plants, tunnels, and storage facilities. Roof bolters are used in the mining industry in underground mines. They drill holes where the bolts will be installed. Firstly, they position the holes and then install the bolts and secure the bolt ends tightly by using turnbuckle. Technical advances have made the roof bolting technique to be a completely automated procedure which also minimizes the risk of fatal accidents. Although handled devices are still used majorly because they are cost effective. There are two types of roof bolters—single boom and dual boom. In single boom roof bolters, the machine needs to be repositioned after installing every bolt whereas, in dual boom roof bolters, multiple bolts can be installed simultaneously.

COVID-19 Impact Analysis

  • COVID-19 pandemic has shut down the production of roof bolters attributed to the lockdown in countries worldwide this has hampered the growth of roof bolters from the last few months and is likely to grow in 2021.
  • COVID -19 has already affected the sales of roof bolters in the second and third quarter of 2020 and is anticipated to grow in year 2021.
  • The major demand for roof bolters was previously noticed from countries including the U.S., Germany, Italy, UK, and China which are negatively affected by the spread of the coronavirus thereby declining the demand for roof bolters.
  • Further potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves roof bolters manufacturers can afford a full lockdown only for a few months after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID -19 health crisis.
  • Roof bolters manufacturers are expected to focus on protecting their workforce operations and supply chains to respond to ward immediate crisis and find new ways of working after COVID -19 for instance provision of sanitizers maintaining social distancing as well as ensuring the vaccination of every employee in the company can assist in promoting the health and safety of the workforce.

Top Impacting Factors

There has been an increase in the use of roof bolters with rise in number of tunnelling projects across the globe. Countries are investing more in tunnel projects to enhance transportation time which in turn requires roof bolters for efficient work. These factors drive the growth of the roof bolters market. There has been an increase in the usage of advance mining equipment like roof bolter to ensure safety of workers at mining work place. Growth in infrastructural development in nations like India, China, and Southeast Asia, leads to the growth in demand for coal, copper, and iron ore which uplifts the demand for roof bolters in these sectors. Rise in infrastructure development in India increases the demand for cement and power because of which metal and mining operators in India have to increase their production, which uplifts the growth of the roof bolter market. The mining works experienced halt due to lockdown and restrictions in movement by the government owing to the pandemic, which restricted the growth of the roof bolter market.

Market trends

  • In September 2020, Eimco Elecon Limited (India), mining machinery and equipment manufacturing company launched Roof Bolter RB2C product in the underground mining sector.

Key Benefits of the Report

  • This study presents the analytical depiction of the roof bolters along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the roof bolters market share.
  • The current market is quantitatively analyzed to highlight the roof bolters market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed roof bolters market analysis based on competitive intensity and how the competition will take shape in coming years.

Roof Bolters Market Report Highlights

Aspects Details
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By Type
  • Hand Held Roof Bolters
  • Track Carried Roof Bolters
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By End User
  • Mines, Tunnels
  • Underground Power Plants
  • Storage Facilities
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

MacLean Engineering,, Caterpillar,, Shaanxi Zhongtuo Mine Equipment, Komatsu Mining,, Quarry Mining,, Rambor,, J.H. Fletcher,, Atlas Copco (Epiroc),, Sandvik,, Eaton,

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Roof Bolters Market

Global Opportunity Analysis and Industry Forecast, 2023-2032