DTH Drilling Products Market Key Players Analysis 2031
The DTH drill is commonly used in oil and gas exploration applications. It is a mini jack hammer that screws on the bottom of a drill string. It is used to break hard surfaces or rocks into small flakes. It is more advanced than the blast-hole drilling and its adoption is growing in end-use applications. The DTH drill comprises hammers, drill bits and other accessories. The DTH drill is also used at mines, and it helps in drilling big and deep holes for setting explosives.
MARKET DYNAMICS
Rising demand for underground drilling is driving the growth of the DTH drilling products market. However, the high cost associated with initial installation may restrain the growth of the DTH drilling products market. Furthermore, the increasing advancements in DTH drilling systems is anticipated to create a market opportunity for the DTH drilling products market during the forecast period.
MARKET SCOPE
The "Global DTH Drilling Products Market Analysis To 2031" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The DTH drilling products market report aims to provide an overview of the DTH drilling products market with detailed market segmentation by product type, application, and geography. The global DTH drilling products market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading DTH drilling products market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global DTH drilling products market is segmented on the basis of product type and application. Based on product type, the DTH drilling products market is segmented into: DTH hammers, DTH bits, and others. On the basis of application, the DTH drilling products market is segmented into: well drilling, construction, mining, quarrying, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global DTH drilling products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The DTH drilling products market by each region is later sub-segmented by respective countries and segments. The DTH drilling products market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the DTH drilling products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the DTH drilling products market in these regions.
IMPACT OF COVID-19 ON DTH DRILLING PRODUCTS MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has a negative impact on the DTH drilling products market in 2021. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human's movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. However, in 2021, with the uplifting of lockdown and vaccination processes, the manufacturing and construction companies have started working again. So, the demand for DTH drilling products has started rising.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global DTH drilling products market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The DTH drilling products market by each region is later sub-segmented by respective countries and segments. The DTH drilling products market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the DTH drilling products market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the DTH drilling products market in these regions.
IMPACT OF COVID-19 ON DTH DRILLING PRODUCTS MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has a negative impact on the DTH drilling products market in 2021. The tremendous growth in the spread of the virus has urged governments worldwide to impose strict restrictions on vehicles and human's movement. Due to travel bans, mass lockdowns, and business shutdowns, the pandemic has affected economies and countless industries in various countries. The lockdown imposition has resulted in lesser production of commodities, goods, and services. However, in 2021, with the uplifting of lockdown and vaccination processes, the manufacturing and construction companies have started working again. So, the demand for DTH drilling products has started rising.
MARKET PLAYERS
The reports cover key developments in the DTH drilling products market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from DTH drilling products market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the DTH drilling products market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the DTH drilling products market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Atlas Copco
- Drill King International. L.P.
- Epiroc AB
- Holte Manufacturing
- Mincon Group plc
- Numa Tool Company
- Rock Hog Drilling Products
- Rockmore International, Inc.
- Rock-Tech International
- Sandvik AB
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 DTH Drilling Products Market - By Product Type
1.3.2 DTH Drilling Products Market - By Application
1.3.3 DTH Drilling Products Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. DTH DRILLING PRODUCTS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DTH DRILLING PRODUCTS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. DTH DRILLING PRODUCTS MARKET - GLOBAL MARKET ANALYSIS
6.1. DTH DRILLING PRODUCTS - GLOBAL MARKET OVERVIEW
6.2. DTH DRILLING PRODUCTS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. DTH DRILLING PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. DTH HAMMERS
7.3.1. Overview
7.3.2. DTH Hammers Market Forecast and Analysis
7.4. DTH BITS
7.4.1. Overview
7.4.2. DTH Bits Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. DTH DRILLING PRODUCTS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. WELL DRILLING
8.3.1. Overview
8.3.2. Well Drilling Market Forecast and Analysis
8.4. CONSTRUCTION
8.4.1. Overview
8.4.2. Construction Market Forecast and Analysis
8.5. MINING
8.5.1. Overview
8.5.2. Mining Market Forecast and Analysis
8.6. QUARRYING
8.6.1. Overview
8.6.2. Quarrying Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. DTH DRILLING PRODUCTS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America DTH Drilling Products Market Overview
9.1.2 North America DTH Drilling Products Market Forecasts and Analysis
9.1.3 North America DTH Drilling Products Market Forecasts and Analysis - By Product Type
9.1.4 North America DTH Drilling Products Market Forecasts and Analysis - By Application
9.1.5 North America DTH Drilling Products Market Forecasts and Analysis - By Countries
9.1.5.1 United States DTH Drilling Products Market
9.1.5.1.1 United States DTH Drilling Products Market by Product Type
9.1.5.1.2 United States DTH Drilling Products Market by Application
9.1.5.2 Canada DTH Drilling Products Market
9.1.5.2.1 Canada DTH Drilling Products Market by Product Type
9.1.5.2.2 Canada DTH Drilling Products Market by Application
9.1.5.3 Mexico DTH Drilling Products Market
9.1.5.3.1 Mexico DTH Drilling Products Market by Product Type
9.1.5.3.2 Mexico DTH Drilling Products Market by Application
9.2. EUROPE
9.2.1 Europe DTH Drilling Products Market Overview
9.2.2 Europe DTH Drilling Products Market Forecasts and Analysis
9.2.3 Europe DTH Drilling Products Market Forecasts and Analysis - By Product Type
9.2.4 Europe DTH Drilling Products Market Forecasts and Analysis - By Application
9.2.5 Europe DTH Drilling Products Market Forecasts and Analysis - By Countries
9.2.5.1 Germany DTH Drilling Products Market
9.2.5.1.1 Germany DTH Drilling Products Market by Product Type
9.2.5.1.2 Germany DTH Drilling Products Market by Application
9.2.5.2 France DTH Drilling Products Market
9.2.5.2.1 France DTH Drilling Products Market by Product Type
9.2.5.2.2 France DTH Drilling Products Market by Application
9.2.5.3 Italy DTH Drilling Products Market
9.2.5.3.1 Italy DTH Drilling Products Market by Product Type
9.2.5.3.2 Italy DTH Drilling Products Market by Application
9.2.5.4 United Kingdom DTH Drilling Products Market
9.2.5.4.1 United Kingdom DTH Drilling Products Market by Product Type
9.2.5.4.2 United Kingdom DTH Drilling Products Market by Application
9.2.5.5 Russia DTH Drilling Products Market
9.2.5.5.1 Russia DTH Drilling Products Market by Product Type
9.2.5.5.2 Russia DTH Drilling Products Market by Application
9.2.5.6 Rest of Europe DTH Drilling Products Market
9.2.5.6.1 Rest of Europe DTH Drilling Products Market by Product Type
9.2.5.6.2 Rest of Europe DTH Drilling Products Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific DTH Drilling Products Market Overview
9.3.2 Asia-Pacific DTH Drilling Products Market Forecasts and Analysis
9.3.3 Asia-Pacific DTH Drilling Products Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific DTH Drilling Products Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific DTH Drilling Products Market Forecasts and Analysis - By Countries
9.3.5.1 Australia DTH Drilling Products Market
9.3.5.1.1 Australia DTH Drilling Products Market by Product Type
9.3.5.1.2 Australia DTH Drilling Products Market by Application
9.3.5.2 China DTH Drilling Products Market
9.3.5.2.1 China DTH Drilling Products Market by Product Type
9.3.5.2.2 China DTH Drilling Products Market by Application
9.3.5.3 India DTH Drilling Products Market
9.3.5.3.1 India DTH Drilling Products Market by Product Type
9.3.5.3.2 India DTH Drilling Products Market by Application
9.3.5.4 Japan DTH Drilling Products Market
9.3.5.4.1 Japan DTH Drilling Products Market by Product Type
9.3.5.4.2 Japan DTH Drilling Products Market by Application
9.3.5.5 South Korea DTH Drilling Products Market
9.3.5.5.1 South Korea DTH Drilling Products Market by Product Type
9.3.5.5.2 South Korea DTH Drilling Products Market by Application
9.3.5.6 Rest of Asia-Pacific DTH Drilling Products Market
9.3.5.6.1 Rest of Asia-Pacific DTH Drilling Products Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific DTH Drilling Products Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa DTH Drilling Products Market Overview
9.4.2 Middle East and Africa DTH Drilling Products Market Forecasts and Analysis
9.4.3 Middle East and Africa DTH Drilling Products Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa DTH Drilling Products Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa DTH Drilling Products Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa DTH Drilling Products Market
9.4.5.1.1 South Africa DTH Drilling Products Market by Product Type
9.4.5.1.2 South Africa DTH Drilling Products Market by Application
9.4.5.2 Saudi Arabia DTH Drilling Products Market
9.4.5.2.1 Saudi Arabia DTH Drilling Products Market by Product Type
9.4.5.2.2 Saudi Arabia DTH Drilling Products Market by Application
9.4.5.3 U.A.E DTH Drilling Products Market
9.4.5.3.1 U.A.E DTH Drilling Products Market by Product Type
9.4.5.3.2 U.A.E DTH Drilling Products Market by Application
9.4.5.4 Rest of Middle East and Africa DTH Drilling Products Market
9.4.5.4.1 Rest of Middle East and Africa DTH Drilling Products Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa DTH Drilling Products Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America DTH Drilling Products Market Overview
9.5.2 South and Central America DTH Drilling Products Market Forecasts and Analysis
9.5.3 South and Central America DTH Drilling Products Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America DTH Drilling Products Market Forecasts and Analysis - By Application
9.5.5 South and Central America DTH Drilling Products Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil DTH Drilling Products Market
9.5.5.1.1 Brazil DTH Drilling Products Market by Product Type
9.5.5.1.2 Brazil DTH Drilling Products Market by Application
9.5.5.2 Argentina DTH Drilling Products Market
9.5.5.2.1 Argentina DTH Drilling Products Market by Product Type
9.5.5.2.2 Argentina DTH Drilling Products Market by Application
9.5.5.3 Rest of South and Central America DTH Drilling Products Market
9.5.5.3.1 Rest of South and Central America DTH Drilling Products Market by Product Type
9.5.5.3.2 Rest of South and Central America DTH Drilling Products Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. DTH DRILLING PRODUCTS MARKET, KEY COMPANY PROFILES
11.1. ATLAS COPCO
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DRILL KING INTERNATIONAL. L.P.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EPIROC AB
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HOLTE MANUFACTURING
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MINCON GROUP PLC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NUMA TOOL COMPANY
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROCK HOG DRILLING PRODUCTS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROCKMORE INTERNATIONAL, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ROCK-TECH INTERNATIONAL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SANDVIK AB
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Atlas Copco
2.Drill King International. L.P.
3.Epiroc AB
4.Holte Manufacturing
5.Mincon Group plc
6.Numa Tool Company
7.Rock Hog Drilling Products
8.Rockmore International, Inc.
9.Rock-Tech International
10.Sandvik AB
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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