Global Tunneling and Rock Drilling Equipment Market Research Report 2021

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 Tunneling and Rock Drilling Equipment Market
The global Tunneling and Rock Drilling Equipment market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Tunneling and Rock Drilling Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Tunneling and Rock Drilling Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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

Segment by Application
Mining
Construction

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

Production by Region
North America
Europe
China
Japan

Consumption 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