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Rock Drilling Market

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Need For Timely Maintenance Could Be A Restraint For The Rock Drilling Market
Rock drills are everyday tools to create short holes up to 20 feet. The tool penetrates and breaks
the rock surface and then expands the breakage by repeated percussion along with rotation. It is
designed in such a way that it can break even the hardest materials created by nature. Rock drills
are an ideal choice for various tasks across lime mines, quarries, construction, drilling, and civil
engineering work. Technological advancements have resulted in greater use of rock drills in
underground tunnel construction. Technologies enable easy access to construction in any terrain.
High drilling capacity and low maintenance cost of rock drills are two of their distinctive
features which can help them standout in the industry.
The rock drilling market is anticipated to rise due to rapid advancement in technology.
Development of technology has enabled drilling and tunneling at the most dangerous areas. Also,
monitoring devices such as sensors and monitors enable the smooth functioning of the drilling
and tunneling process, thus increasing the demand for rock drilling equipment. Latest technology
in the tunneling process and latest trends of dismantling tunnels opens the door for opportunities
in the coming years. However, need for timely maintenance could be a restraint for the rock
drilling market. Slowdown in economic growth also has some impact on the market. Providing
more customer-friendly products at an economical rate is a major challenge.
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The rock drilling market is segmented on the basis of product type, size, function, application,
and geography. Based on product type, the rock drilling market can be segmented into dry type
rock drill, and wet type rock drill. Dry type rock drill has air flushed and is used for a variety of
surface drilling applications in quarries and construction sites. Wet type rock drill is lightweight,
reliable, and economical, and is mostly used for underground applications. Based on the size of
the product, the rock drilling market can be segmented as medium-sized, large-sized, and heavysized. In terms of function, the rock drilling market can be segmented as manual and automated.
Manual drilling equipment is lightweight and handled by the drillers and used in small operations
where, due to the size, other machinery cannot be used or its cost is not justified. Automated
drilling equipment is fixed on the rigs with which the machinist can control drilling parameters
from a relaxed position. Based on application, the rock drilling market is segmented into mining
and construction. Rock drilling in mining is used to perform open cut excavation to support
activities such as construction of mining corridors for the ore, supporting the mining tunnels and
construction of roads, and other infrastructure required at mining sites. Drilling methods used in
construction are excavation of foundations of buildings and excavation of road cuttings, piling,
micro piling and underpinning. Rock drills are also used for marble-granites industries. The rock
drilling market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and
South America based on region. Several vendors in Asia Pacific also compete with international
vendors on pricing. China dominates the region due to its enormous population and
manufacturing-based economy, which makes it an ideal market for tunneling and rock drill
equipment.
The rock drilling market is largely dominated by established players having a presence across the
globe. Some of the key players in the rock drilling market include TEIRockDrills, FERRI
srl, Haryson Engineering Co, Traxxon, GILL ROCK DRILL CO. INC., Haryrock Engineering
Pvt. Ltd, Bull Rock Drills Private Limited, Rockmore International, Furukawa Rock Drill
USA, and Robit Plc. The rock drilling market is highly fragmented. Major global vendors of the
industry are expanding their business units, and investing heavily in the development of next
generation products.
Author
monali raghu
monali raghu349   documents Email
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