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Geotechnical Drilling & Mineral Exploration Drilling Trends and Forecast
The future of the global geotechnical drilling & mineral exploration drilling market looks promising with opportunities in the onshore and offshore markets. The global geotechnical drilling & mineral exploration drilling market is expected to grow with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are expanding construction and infrastructure projects and increasing global demand for metals and minerals, driven by industrialization and infrastructure development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Geotechnical Drilling & Mineral Exploration Drilling by Segment
The study includes a forecast for the global geotechnical drilling & mineral exploration drilling by type, application, and region.
Geotechnical Drilling & Mineral Exploration Drilling Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Geotechnical Drilling
• Mineral Exploration Drilling
Geotechnical Drilling & Mineral Exploration Drilling Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Onshore
• Offshore
• Others
Geotechnical Drilling & Mineral Exploration Drilling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Geotechnical Drilling & Mineral Exploration Drilling Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies geotechnical drilling & mineral exploration drilling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the geotechnical drilling & mineral exploration drilling companies profiled in this report include-
• Atlas Copco
• Sanyhe
• IHI
• Dh Mining System
• Akkerman
• China Railway Engineering
• Ghh Mining Machines
• Furukawa Rock Drill
• Hitachi Zosen
• Sandvik Construction
Geotechnical Drilling & Mineral Exploration Drilling Market Insights
Lucintel forecasts that mineral exploration drilling is expected to witness highest growth over the forecast period due to resource demand.
Within this market, onshore will remain the largest segment due to cost-effectiveness and accessibility for drilling operations.
North America is expected to witness highest growth over the forecast period due to extensive resource exploration activities.
Features of the Global Geotechnical Drilling & Mineral Exploration Drilling Market
Market Size Estimates: Geotechnical drilling & mineral exploration drilling market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Geotechnical drilling & mineral exploration drilling market size by type, application, and region in terms of value ($B).
Regional Analysis: Geotechnical drilling & mineral exploration drilling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the geotechnical drilling & mineral exploration drilling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the geotechnical drilling & mineral exploration drilling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for geotechnical drilling & mineral exploration drilling market?
Answer: The global geotechnical drilling & mineral exploration drilling market is expected to grow with a CAGR of 5.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the geotechnical drilling & mineral exploration drilling market?
Answer: The major drivers for this market are expanding construction and infrastructure projects and increasing global demand for metals and minerals, driven by industrialization and infrastructure development.
Q3. What are the major segments for geotechnical drilling & mineral exploration drilling market?
Answer: The future of the geotechnical drilling & mineral exploration drilling market looks promising with opportunities in the onshore and offshore markets.
Q4. Who are the key geotechnical drilling & mineral exploration drilling market companies?
Answer: Some of the key geotechnical drilling & mineral exploration drilling companies are as follows:
• Atlas Copco
• Sanyhe
• IHI
• Dh Mining System
• Akkerman
• China Railway Engineering
• Ghh Mining Machines
• Furukawa Rock Drill
• Hitachi Zosen
• Sandvik Construction
Q5. Which geotechnical drilling & mineral exploration drilling market segment will be the largest in future?
Answer: Lucintel forecasts that mineral exploration drilling is expected to witness highest growth over the forecast period due to resource demand.
Q6. In geotechnical drilling & mineral exploration drilling market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to extensive resource exploration activities.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the geotechnical drilling & mineral exploration drilling market by type (geotechnical drilling and mineral exploration drilling), application (onshore, offshore, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Geotechnical Drilling & Mineral Exploration Drilling Market, Geotechnical Drilling & Mineral Exploration Drilling Market Size, Geotechnical Drilling & Mineral Exploration Drilling Market Growth, Geotechnical Drilling & Mineral Exploration Drilling Market Analysis, Geotechnical Drilling & Mineral Exploration Drilling Market Report, Geotechnical Drilling & Mineral Exploration Drilling Market Share, Geotechnical Drilling & Mineral Exploration Drilling Market Trends, Geotechnical Drilling & Mineral Exploration Drilling Market Forecast, Geotechnical Drilling & Mineral Exploration Drilling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Geotechnical Drilling & Mineral Exploration Drilling Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Geotechnical Drilling & Mineral Exploration Drilling Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Geotechnical Drilling & Mineral Exploration Drilling Market by Type
3.3.1: Geotechnical Drilling
3.3.2: Mineral Exploration Drilling
3.4: Global Geotechnical Drilling & Mineral Exploration Drilling Market by Application
3.4.1: Onshore
3.4.2: Offshore
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Geotechnical Drilling & Mineral Exploration Drilling Market by Region
4.2: North American Geotechnical Drilling & Mineral Exploration Drilling Market
4.2.2: North American Geotechnical Drilling & Mineral Exploration Drilling Market by Application: Onshore, Offshore, and Others
4.3: European Geotechnical Drilling & Mineral Exploration Drilling Market
4.3.1: European Geotechnical Drilling & Mineral Exploration Drilling Market by Type: Geotechnical Drilling and Mineral Exploration Drilling
4.3.2: European Geotechnical Drilling & Mineral Exploration Drilling Market by Application: Onshore, Offshore, and Others
4.4: APAC Geotechnical Drilling & Mineral Exploration Drilling Market
4.4.1: APAC Geotechnical Drilling & Mineral Exploration Drilling Market by Type: Geotechnical Drilling and Mineral Exploration Drilling
4.4.2: APAC Geotechnical Drilling & Mineral Exploration Drilling Market by Application: Onshore, Offshore, and Others
4.5: ROW Geotechnical Drilling & Mineral Exploration Drilling Market
4.5.1: ROW Geotechnical Drilling & Mineral Exploration Drilling Market by Type: Geotechnical Drilling and Mineral Exploration Drilling
4.5.2: ROW Geotechnical Drilling & Mineral Exploration Drilling Market by Application: Onshore, Offshore, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Geotechnical Drilling & Mineral Exploration Drilling Market by Type
6.1.2: Growth Opportunities for the Global Geotechnical Drilling & Mineral Exploration Drilling Market by Application
6.1.3: Growth Opportunities for the Global Geotechnical Drilling & Mineral Exploration Drilling Market by Region
6.2: Emerging Trends in the Global Geotechnical Drilling & Mineral Exploration Drilling Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Geotechnical Drilling & Mineral Exploration Drilling Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Geotechnical Drilling & Mineral Exploration Drilling Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Atlas Copco
7.2: SANYHE
7.3: IHI
7.4: DH Mining System
7.5: Akkerman
7.6: China Railway Engineering
7.7: GHH Mining Machines
7.8: Furukawa Rock Drill
7.9: Hitachi Zosen
7.10: Sandvik Construction
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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