Global and United States Tunneling and Rock Drilling Equipment Market Insights, Forecast to 2027

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.

Market Analysis and Insights: Global and United States Tunneling and Rock Drilling Equipment Market
This report focuses on global and United States Tunneling and Rock Drilling Equipment market.
In 2020, the global Tunneling and Rock Drilling Equipment market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In United States the Tunneling and Rock Drilling Equipment market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Tunneling and Rock Drilling Equipment Scope and Market Size
Tunneling and Rock Drilling Equipment market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Tunneling and Rock Drilling Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Tunneling and Rock Drilling Equipment market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Medium-Sized
Large-Sized
Heavy-Sized
Others

Segment by Application
Mining
Construction

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
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