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Rotary Blasthole Drilling Rig Market, by Type (Mid-range Drilling Rig, Large-range Drilling Rig, and Other), and Application (Quarries, Open-Pit Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

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CM_183296
Pages: 187
Oct 2018 | 751 Views
 
Author's : Preeti Kumari
Tables: 71
Charts: NA
 

Rotary Blasthole Drilling Rig Market Overview:

Rotary blasthole drilling rigs are machines used in surface mining at quarries and open pit mines. The main purpose of blasthole drilling is to drill the rock to a certain depth and create blast holes for loading explosives. The precision in drilling blast holes to a particular depth and size is of utmost importance for a successful explosion of the mining area. These rigs are fitted with bits made of tungsten and other material, which can be changed depending on the softness or hardness of rocks at the mining location. The global rotary blasthole drilling rig market was valued at $2.60 billion in 2017 and is projected to reach $3.50 billion by 2025, growing at a CAGR of 3.7%.

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Factors such as increase in demand for metal and minerals, expansion of existing mines, and growth in construction of roads, tunnels, and railways drive the growth of the market. In addition, rise in technological advancements and introduction of various powerful rotary tricone drill rigs supplement the market growth. Moreover, government and other communication groups have focused on increasing the coverage of railroad and roadways, through different geographical areas.

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The global rotary blasthole drilling rig market is segmented based on type, application, and region. Based on type, the market is categorized into mid-range drilling rig, large-range drilling rig and others. The large-range drilling rig segment is anticipated to dominate the global rotary blasthole drilling rig market throughout the study period. Based on application, the market is categorized into quarries, open pit mining, and others. The open pit mining segment is projected to dominate the global rotary blasthole drilling rig market in future, due to increase in the expansion and rise in investment to extract minerals to meet the global consumable demands.  

By Type

Based on type, the market is segmented into mid-range drilling rig, large-range drilling rig and others. Among these, the large-range drilling rig was the highest contributor in 2017 and is expected to grow at a significant growth rate during the forecast period, owing to increase in deployment of rotary blasthole drilling rig at small quarries and construction of tunnels, roads, and railways in hilly areas. The mid-range drilling rigs are less expensive as compared to large-range drilling rig that can create blasthole of diameter ranging from 8 inches to 16 inches. Moreover, the mid-range drilling rigs segment is expected to register second highest growth during the forecast period.

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By Region

The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounts for the highest share in the global Rotary Blasthole Drilling Rig market and is projected to grow at a significant CAGR, due to presence of maximum mines to extract, uranium ore, lead ore, gold, petroleum or mineral oil, coal, bauxite, copper, manganese, and iron ore. China is a pioneered the rotary blasthole drilling rig in the market. Therefore, it accounts for the highest market share among the countries in Asia-Pacific.

 

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Key Benefits for Rotary Blasthole Drilling Rig Market:

  • The study provides an in-depth analysis of the global rotary blasthole drilling rig market along with the current trends and future estimations to elucidate the imminent investment pockets.

  • Information about the key drivers, restraints, and opportunities and their impact analyses on the market is included in the study.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

  • The quantitative analysis of the global rotary blasthole drilling rig market from 2017 to 2025 is provided to determine the market potential.

Rotary Blasthole Drilling Rig Key Market Segment:

By Type

  • Large-range Drilling Rig

  • Mid-range Drilling Rig

  • Others

By Application

  • Quarries

  • Open Pit Mining

  • Others

By Region

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Eastern Europe

    • Western Europe

  • Asia-Pacific

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • LAMEA

    • Latin America

    • Middle East and Africa

Key Market Players Profiled in the Report

  • BAUER

  • Caterpiller- CAT

  • Epicor

  • FURUKAWA

  • Komatsu Ltd.

  • Nanchang Kama Co., Ltd  

  • Sandvick

  • Schramm

  • Sinosteel HYMC

  • Sunward

 

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY

1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. KEY FINDINGS:
2.2. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Porter's five forces analysis

3.3. MARKET DYNAMICS

3.3.1. Drivers

3.3.1.1. Increasing demand for metal and minerals
3.3.1.2. Expansion of existing mines
3.3.1.3. Growing construction of roads, tunnels, and railways

3.3.2. Restraints

3.3.2.1. Expensive pricing

3.3.3. Opportunity

3.3.3.1. Technological advancement through AI and IOT

Chapter: 4: ROTARY BLASTHOLE DRILLING RIG MARKET, BY TYPE

4.1. MARKET OVERVIEW

4.1.1. Market size and forecast, by type

4.1. LARGE-RANGE DRILLING RIG

4.1.1. Key market trends, growth factors and opportunities
4.1.2. Market size and forecast, by region
4.1.3. Market size and forecast, by country

4.2. MID-RANGE DRILLING RIG

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by country

4.3. OTHERS

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by country

Chapter: 5: ROTARY BLASTHOLE DRILLING RIG MARKET, BY APPLICATION

5.1. MARKET OVERVIEW

5.1.1. Market size and forecast, by application

5.2. QUARRIES

5.2.1. Key market trends, growth, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by country

5.3. OPEN-PIT MINING

5.3.1. Key market trends, growth, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by country

5.4. OTHERS

5.4.1. Key market trends, growth, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market size and forecast, by country

Chapter: 6: ROTARY BLASTHOLE DRILLING RIG MARKET, BY REGION

6.1. MARKET OVERVIEW

6.1.1. Market size and forecast by region

6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by application

6.2.3.1. U.S.

6.2.3.1.1. U.S., market size and forecast by type
6.2.3.1.2. U.S. market size and forecast, by application

6.2.3.2. Canada

6.2.3.2.1. Canada market size and forecast, by type
6.2.3.2.2. Canada market size and forecast, by application

6.2.3.3. Mexico

6.2.3.3.1. Mexico market size and forecast, by type
6.2.3.3.2. Mexico market size and forecast, by application

6.3. EUROPE

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Europe market size and forecast, by type
6.3.3. Europe market size and forecast, by application
6.3.4. Europe market size and forecast, by country

6.3.4.1. Eastern Europe

6.3.4.1.1. Eastern Europe market size and forecast, by type
6.3.4.1.2. Eastern Europe market size and forecast, by application

6.3.4.2. WESTERN EUROPE

6.3.4.2.1. Western Europe market size and forecast, by type
6.3.4.2.2. Western Europe market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Asia-Pacific market size and forecast, by type
6.4.3. Asia-Pacific market size and forecast, by application
6.4.4. Asia-Pacific market size and forecast, by country

6.4.4.1. China

6.4.4.1.1. China market size and forecast, by type
6.4.4.1.2. China market size and forecast, by application

6.4.4.2. INDIA

6.4.4.2.1. India market size and forecast, by type
6.4.4.2.2. India market size and forecast, by application

6.4.4.3. Australia

6.4.4.3.1. Australia market size and forecast, by type
6.4.4.3.2. Australia market size and forecast, by application

6.4.4.4. Rest of Asia-Pacific

6.4.4.4.1. Rest of Asia-Pacific market size and forecast, by type
6.4.4.4.2. Rest of Asia-Pacific market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. LAMEA market size and forecast, by type
6.5.3. LAMEA market size and forecast, by application
6.5.4. LAMEA market size and forecast, by country

6.5.4.1. Latin America

6.5.4.1.1. Latin America market size and forecast, by type
6.5.4.1.2. Latin America market size and forecast, by application

6.5.4.2. Middle East and Africa and Africa

6.5.4.2.1. Middle East and Africa market size and forecast, by type
6.5.4.2.2. Middle East and Africa market size and forecast, by application

Chapter: 7: COMPANY PROFILE

7.1. BAUER AKTIENGESELLSCHAFT (HAUSHERR SYSTEM BOHRTECHNIK)

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments

7.2. CATERPILLAR INC.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. EPIROC AB

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments

7.4. FURUKAWA CO., LTD.

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance

7.5. KOMATSU LTD.

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments

7.6. NANCHANG KAMA CO., LTD.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Product portfolio

7.7. SANDVIK AB

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. SCHRAMM, INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio

7.9. SINOSTEEL CORPORATION (SINOSTEEL HENGYANG MACHINERY CO., LTD.)

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio

7.10. SUNWARD INTELLIGENT EQUIPMENT CO., LTD.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio

LIST OF TABLES

Table 01. Global Rotary Blasthole Drilling Rig Market Revenue, By Type, 2017-2025 ($Million)
Table 02. Global Rotary Blasthole Drilling Rig Market Revenue, By Region, 2017-2025 ($Million)
Table 03. Rotary Blasthole Drilling Rig Market Revenue, For Large-Range Drilling Rig, By Region, 2017-2025 ($Million)
Table 04. Rotary Blasthole Drilling Rig Market Revenue, For Others, By Region, 2017-2025 ($Million)
Table 05. Global Rotary Blasthole Drilling Rig Market Revenue, By Application, 2017-2025 ($Million)
Table 06. Rotary Blasthole Drilling Rig Market Revenue, For Quarries, By Region, 2017-2025 ($Million)
Table 07. Rotary Blasthole Drilling Rig Market Revenue, For Open-Pit Mining, By Region, 2017-2025 ($Million)
Table 08. Rotary Blasthole Drilling Rig Market Revenue, For Others, By Region, 2017-2025 ($Million)
Table 09. Global Rotary Blasthole Drilling Rig Market, By Region, 20172025 ($Million)
Table 10. North America Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 11. North America Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 12. U.S. Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 13. U.S. Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 14. Canada Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 15. Canada Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 16. Mexico Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 17. Mexico Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 18. Europe Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 19. Europe Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 20. Europe Rotary Blasthole Drilling Rig Market, By Country, 20172025 ($Million)
Table 21. Eastern Europe Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 22. Eastern Europe Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 23. Western Europe Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 24. Western Europe Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 25. Asia-Pacific Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 26. Asia-Pacific Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 27. Asia-Pacific Rotary Blasthole Drilling Rig Market, By Country, 20172025 ($Million)
Table 28. China Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 29. China Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 30. India Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 31. India Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 32. Australia Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 33. Australia Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 34. Rest Of Asia-Pacific Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 35. Rest Of Asia-Pacific Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 36. LAMEA Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 37. LAMEA Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 38. LAMEA Rotary Blasthole Drilling Rigs Market, By Country, 20172025 ($Million)
Table 39. Latin America Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 40. Latin America Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 41. Middle East And Africa Rotary Blasthole Drilling Rig Market, By Type, 20172025 ($Million)
Table 42. Middle East And Africa Rotary Blasthole Drilling Rig Market, By Application, 20172025 ($Million)
Table 43. Bauer Aktiengesellschaft: Company Snapshot
Table 44. Bauer Aktiengesellschaft: Operating Segments
Table 45. Bauer Aktiengesellschaft: Product Portfolio
Table 46. Caterpillar: Company Snapshot
Table 47. Caterpillar: Operating Segments
Table 48. Caterpillar: Product Portfolio
Table 49. Epiroc Ab: Company Snapshot
Table 50. Epiroc Ab: Operating Segments
Table 51. Epiroc Ab: Product Portfolio
Table 52. Furukawa Co., Ltd.: Company Snapshot
Table 53. Furukawa Electric Co., Ltd: Operating Segments
Table 54. Furukawa Co., Ltd.: Product Portfolio
Table 55. Komatsu Ltd: Company Snapshot
Table 56. Komatsu Ltd: Operating Segments
Table 57. Komatsu Ltd: Product Portfolio
Table 58. Nanchang Kama Co., Ltd: Company Snapshot
Table 59. Nanchang Kama Co., Ltd: Product Portfolio
Table 60. Sandvik Ab: Company Snapshot
Table 61. Sandvik Ab: Operating Segments
Table 62. Sandvik Ab: Product Portfolio
Table 63. Schramm, Inc: Company Snapshot
Table 64. Schramm, Inc: Product Categories
Table 65. Schramm, Inc: Product Portfolio
Table 66. Sinosteel Corporation: Company Snapshot
Table 67. Sinosteel Corporation: Product Categories
Table 68. Sinosteel Corporation: Product Portfolio
Table 69. Sunward Intelligent Equipment Co., Ltd: Company Snapshot
Table 70. Sunward Intelligent Equipment Co., Ltd: Product Categories
Table 71. Sunward Intelligent Equipment Co., Ltd: Product Portfolio

LIST OF FIGURES

Figure 01. Global Rotary Blasthole Drilling Rig Market, 2017-2025
Figure 02. Global Rotary Blasthole Drilling Rig Market, By Country, 2017-2025
Figure 03. Global Rotary Blasthole Drilling Rig Market: Key Players
Figure 04. Moderate-To-High Bargaining Power Of Suppliers
Figure 05. Moderate-To-High Bargaining Power Of Buyers
Figure 06. Moderate Threat Of Substitutes
Figure 07. Low-To-Moderate Threat Of New Entrants
Figure 08. Moderate-To-High Competitive Rivalry
Figure 09. Drivers, Restraints: Global Rotary Blasthole Drilling Rig Market
Figure 10. Global Rotary Blasthole Drilling Rig Market Revenue, For Fixed Rotary Blasthole Drilling Rig, By Country, 20172025 ($Million)
Figure 11. Global Rotary Blasthole Drilling Rig Market Revenue, For Mid-Range Drilling Rig, By Country, 20172025 ($Million)
Figure 12. Global Rotary Blasthole Drilling Rig Market Revenue, For Others, By Country, 20172025 ($Million)
Figure 13. Global Rotary Blasthole Drilling Rig Market Revenue, For Quarries, By Country, 20172025 ($Million)
Figure 14. Global Rotary Blasthole Drilling Rig Market Revenue, For Open-Pit Mining, By Country, 20172025 ($Million)
Figure 15. Global Rotary Blasthole Drilling Rig Market Revenue, For Others, By Country, 20172025 ($Million)
Figure 16. Global Rotary Blasthole Drilling Rig Market, By Region Snapshot
Figure 17. U.S. Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 18. Canada Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 19. Mexico Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 20. Eastern Europe Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 21. Western Europe Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 22. China Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 23. India Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 24. Australia Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 25. Rest Of Asia-Pacific Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 26. Latin America Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 27. Middle East And Africa Rotary Blasthole Drilling Rig Market, 2017-2025 ($Million)
Figure 28. Bauer Aktiengesellschaft: Revenue, 20152017 ($Million)
Figure 29. Bauer Aktiengesellschaft: Revenue Share By Segment, 2017 (%)
Figure 30. Bauer Aktiengesellschaft: Revenue Share By Geography, 2017 (%)
Figure 31. Caterpillar: Net Sales, 20152017 ($Million)
Figure 32. Caterpillar: Revenue Share By Segment, 2017 (%)
Figure 33. Caterpillar: Revenue Share By Geography, 2017 (%)
Figure 34. Atlas Copco: Net Sales, 20152017 ($Million)
Figure 35. Furukawa Co., Ltd.: Revenue, 20152017 ($Million)
Figure 36. Furukawa Co., Ltd.: Revenue Share By Segment, 2017 (%)
Figure 37. Furukawa Co., Ltd.: Revenue Share By Geography, 2017 (%)
Figure 38. Komatsu Ltd: Net Sales, 20152017 ($Million)
Figure 39. Komatsu Ltd: Revenue Share By Segment, 2017 (%)
Figure 40. Sandvik Ab: Net Sales, 20152017 ($Million)
Figure 41. Sandvik Ab: Revenue Share By Segment, 2017 (%)

 

Rotary blasthole drilling rigs are machines used in surface mining at quarries, and open pit mines. The main purpose of blasthole drilling is to drill rocks to a certain depth and create blast holes to load explosives. These rotary drills were first introduced in China, but have been extensively used across the world post their commercialization. Blasthole rigs have improved over the years owing to advancement in technologies that facilitate drilling precise blast holes. The market has evolved with the availability of different types of bits for mining soft and hard rocks. However, high costs of these machines discourage buyers to shift their focus toward rental services. Hence the rental servicing companies frequently buy these machines to cater to the high demand from the mining industry.

Nowadays, rotary blasthole drilling rig has become technically advanced with the help of artificial intelligence (AI) and internet of things (IoT). For instance, these technologies can help the controller in drilling the blasthole at the right location with assistance and precision. Moreover, advancement in the rigs has further increased the accuracy of the equipment. Moreover, construction of tunnels, roads, railway tracks, and demand for metals fuel the growth of rotary blasthole drilling rig market globally. Furthermore, the existing quarries, and open pit mining have expanded across the globe to cater to the demand for minerals and metals owing to rapid urbanization. Ongoing innovation activities to develop the rotary blasthole drilling rig are expected to further propel the growth of the industry.

Countries, such as China, India, Australia, the Middle-East, and Africa, have fueled the increase in demand for rotary blasthole drilling rig due to maximum number of mines and presence of minerals and metals. The mining industry is driven by the abundant availability of metals and minerals across the regions. Hence, the demand for rotary blasthole drilling rig is expected to thrive in the Asia-Pacific region due to its mineral-rich land. Furthermore, the demand is projected to be less in Europe region owing to limited quarries and open-pit mining. However, rise in rapid mining activities in the region is anticipated to boost the adoption of rotary blasthole drilling rig in both North America and Europe.

 

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