Machinery Desk

Drilling Machine Market 2019 Global Overview, Latest Technologies, Business Strategy, Key Vendors, Segments, Demands, Growth Factors, Size, Share by Forecast to 2026

Pressmeddelande   •   Mar 02, 2020 17:02 CET

The main objective of this report is to define, describe, and forecast the global Mineral Feed market by types, application, manufacturers, and regions. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global market. The report also attempts to forecast the market size of the 5 main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes the competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in Mineral Feed market.

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The global drilling machine market size was around $16.89 billion in 2018 and is expected to reach $29.12 billion by 2026, growing at a CAGR of 7.7% from 2019 to 2026. The research offers comprehensive analysis of the industry dynamics, top investment pockets, key strategic moves, major market segments, and competitive landscape.

Increase in use of fabricated metal products coupled with advancements in heavy equipment and large-scale industrial automation drives the growth in the industry. However, fluctuating prices of raw materials and dearth of skilled workforce in the manufacturing sector hamper the growth of the market. Conversely, advancements in manufacturing machineries and favorable government initiatives for the machine tools industry would create promising opportunities in the market.

Deep hole drilling machine segment to remain dominant through 2026

The deep hole drilling machine segment accounted for the largest market share of 39% in 2017. The segment is expected to maintain its dominance throughout the forecast period due to its premium pricing and increased utilization in larger hole drilling up to 300mm in diameter. On the other hand, the radial drilling machine segment would grow at the fastest CAGR of 9.9% through 2026, due to its affordable pricing and capability to drill holes in various materials such as alloys, cast iron, and steel. The report also analyzes sensitive drilling machine, upright drilling machine, gang drilling machine, multiple spindle drilling machine, among other types.

Military & defense segment to grow the fastest through 2026

Among industrial applications, the military & defense segment would grow at the highest CAGR of 9.8% from 2018 to 2026. The segment would a surge in the use of drilling machines for manufacturing guns, tanks, submarines, and other equipment. However, the heavy equipment segment accounted for the largest market share of 26.9% in 2017 and would maintain its lead through 2026. This is attributed to heavy requirement for deep hole, multi spindle, and gang drilling machines, especially in China, India, and Russia. The report also analyzes applications such as aerospace, automotive, energy industry, oil and gas, among others.

Asia-Pacific to be lucrative through 2026

Asia-Pacific captured more than half of the overall market share in 2017 and would dominate through 2026. The segment is projected to register the fastest CAGR of 8.0% from 2018 to 2026 because the region has the highest number of manufacturing plants where adoption of drilling machines is substantial. Moreover, China, being the world's leading manufacturing hub for various metal, plastics articles, and machines, contributes significantly to the growth of the sector.

The report analyzes and forecasts the drilling machine market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global drilling machine market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the drilling machine market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of drilling machine market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.

Competitive Landscape is the most valuable part of this report

The key market players analyzed in the report include DATRON AG, DMG MORI, Dalian Machine Tool Group Corporation, SMTCL, Ernst Lenz Maschinenbau, Fehlmann AG, Cameron Micro Drill Presses, Gate Machinery International, Hsin Geeli Hardware Enterprise, and Alpen-Maykestag GmbH. These market players have adopted various strategies including collaborations, joint ventures, partnerships, expansions, and others to gain a strong position in the industry.

Key financial developments of a particular company and product & company overview are some of the elements that help in acquiring information about top vendors in the market. This particular section has also included a SWOT analysis of the companies featured in the report. This will help the audience in knowing about opportunities, strengths, threats and weaknesses that are facing by the key vendors in the chemical and material industry across the world. As the competitive landscape is the most valuable part of any report, it consists of all the required information for the detailed study of top players functioning in the industries. It is also an interesting part to find how exactly these key manufacturers implement various strategies to secure the top rank in the industry. Such an in-depth information is useful for the new entrants into the industry as they would be able to learn a bit from these key vendors. Similarly, the information provided in the research report will also be valuable for the renowned key players as well, as they come to know the strategies of their counterparts to sustain in the competitive industry.

Report coverage

  • Analysis Period: 2015 – 2026
  • Base Year: 2018
  • Forecast Data: 2019 – 2026
  • Regional Scope: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Report Coverage: Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Segmentation

By Type

  • Sensitive Drilling Machine
  • Upright Drilling Machine
  • Radial Drilling Machine
  • Gang Drilling Machine
  • Multiple Spindle Drilling Machine
  • Deep Hole Drilling Machine
  • Others

By Application

  • Aerospace
  • Heavy Equipment
  • Automotive
  • Energy Industry
  • Military & Defense
  • Oil & Gas
  • Others

By Region

  • North America
    • S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global drilling machine capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key drilling machine manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Section 1: INTRODUCTION

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

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Section 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Section 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET SHARE ANALYSIS (2017)
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Augmented demand of fabricated metal products
3.5.1.2. Booming demand for heavy equipment
3.5.1.3. Large-scale industrial automation

3.5.2. Restraint

3.5.2.1. Slowdown in European machine tools manufacturing
3.5.2.2. Fluctuating Raw material prices

3.5.3. Opportunities

3.5.3.1. Advancement in manufacturing machinearies
3.5.3.2. Government initiatives providing impetus to machine tools industry

Section 4: DRILLING MACHINE MARKET, BY TYPE

4.1. OVERVIEW
4.2. SENSITIVE DRILLING MACHINE

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

4.3. UPRIGHT DRILLING MACHINE

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

4.4. RADIAL DRILLING MACHINE

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country

4.5. GANG DRILLING MACHINE

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

4.6. MULTIPLE SPINDLE DRILLING MACHINE

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis by country

4.7. DEEP HOLE DRILLING MACHINE

4.7.1. Key market trends, growth factors, and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market analysis by country

4.8. OTHERS

4.8.1. Key market trends, growth factors, and opportunities
4.8.2. Market size and forecast, by region
4.8.3. Market analysis by country

Section 5: DRILLING MACHINE MARKET, BY INDUSTRY APPLICATION

5.1. OVERVIEW
5.2. AEROSPACE

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

5.3. HEAVY EQUIPMENT

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

5.4. AUTOMOTIVE

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

5.5. ENERGY INDUSTRY

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

5.6. MILITARY AND DEFENSE

5.6.1. Key market trends, growth factors, and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis by country

5.7. OIL AND GAS

5.7.1. Key market trends, growth factors, and opportunities
5.7.2. Market size and forecast, by region
5.7.3. Market analysis by country

5.8. OTHERS

5.8.1. Key market trends, growth factors, and opportunities
5.8.2. Market size and forecast, by region
5.8.3. Market analysis by country

Section 6: DRILLING MACHINE MARKET, BY REGION

6.1. OVERVIEW
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 industry application

6.2.4.1. U.S.

6.2.4.1.1. Market size and forecast, by type
6.2.4.1.2. Market size and forecast, by industry application

6.2.4.2. Canada

6.2.4.2.1. Market size and forecast, by type
6.2.4.2.2. Market size and forecast, by Industry application

6.2.4.3. Mexico

6.2.4.3.1. Market size and forecast, by type
6.2.4.3.2. Market size and forecast, by Industry application

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by Industry application
6.3.5. Market analysis by country

6.3.5.1. U.K.

6.3.5.1.1. Market size and forecast, by type
6.3.5.1.2. Market size and forecast, by Industry application

6.3.5.2. Germany

6.3.5.2.1. Market size and forecast, by type
6.3.5.2.2. Market size and forecast, by Industry application

6.3.5.3. France

6.3.5.3.1. Market size and forecast, by type
6.3.5.3.2. Market size and forecast, by Industry application

6.3.5.4. Italy

6.3.5.4.1. Market size and forecast, by type
6.3.5.4.2. Market size and forecast, by Industry application

6.3.5.5. Rest of Europe

6.3.5.5.1. Market size and forecast, by type
6.3.5.5.2. Market size and forecast, by Industry application

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by Industry application
6.4.4. Market analysis by country

6.4.5.1. China

6.4.5.1.1. Market size and forecast, by type
6.4.5.1.2. Market size and forecast, by Industry application

6.4.5.2. Japan

6.4.5.2.1. Market size and forecast, by type
6.4.5.2.2. Market size and forecast, by Industry application

6.4.5.3. India

6.4.5.3.1. Market size and forecast, by type
6.4.5.3.2. Market size and forecast, by Industry application

6.4.5.4. Rest of Asia-Pacific

6.4.5.4.1. Market size and forecast, by type
6.4.5.4.2. Market size and forecast, by Industry application

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by Material type
6.5.3. Market size and forecast, by Industry application
6.5.4. Market size and forecast, by End user
6.5.5. Market analysis by country

6.5.5.1. Latin America

6.5.5.1.1. Market size and forecast, by type
6.5.5.1.2. Market size and forecast, by Industry application

6.5.5.2. Middle East

6.5.5.2.1. Market size and forecast, by type
6.5.5.2.2. Market size and forecast, by Industry application

6.5.5.3. Africa

6.5.5.3.1. Market size and forecast, by type
6.5.5.3.2. Market size and forecast, by Industry application

Section 7: COMPANY PROFILES

7.1. DATRON AG

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

7.2. DMG MORI

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

7.3. DALIAN MACHINE TOOL GROUP CORPORATION

7.3.1. Company overview
7.3.2. Product portfolio
7.3.3. Key strategic moves and developments

7.4. SMTCL

7.4.1. Company overview
7.4.2. Product portfolio
7.4.3. Key strategic moves and developments

7.5. ERNST LENZ MASCHINENBAU

7.5.1. Company overview
7.5.2. Product portfolio
7.5.3. Key strategic moves and developments

7.6. FEHLMANN AG

7.6.1. Company overview
7.6.2. Product portfolio
7.6.3. Key strategic moves and developments

7.7. CAMERON MICRO DRILL PRESSES

7.7.1. Company overview
7.7.2. Product portfolio
7.7.3. Key strategic moves and developments

7.8. GATE MACHINERY INTERNATIONAL

7.8.1. Company overview
7.8.2. Product portfolio
7.8.3. Key strategic moves and developments

7.9. HSIN GEELI HARDWARE ENTERPRISE

7.9.1. Company overview
7.9.2. Product portfolio
7.9.3. Business performance
7.9.4. Key strategic moves and developments

7.10. ALPEN-MAYKESTAG GMBH

7.10.1. Company overview
7.10.2. Operating business segments
7.10.3. Key strategic moves and developments

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