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Rotary Blast Hole Drilling Rig Market

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Rotary Blast Hole Drilling Rig Market- Rapid Growth In Construction Activities | Bauer, Furukawa,
Nanchang Kama Co., Ltd, Schramm, Sunward
Rotary blast hole drilling rigs are used to drill big blast holes into high benches in different
applications such as mining, construction, oil and gas, demolition and recycling, and others
quarries. Various regulatory bodies present worldwide control the safety and standards and
quality of rotary blast hole drilling rigs. There are a variety of drilling techniques which includes
auger drilling, percussion rotary air blast drilling, air core drilling, cable tool drilling, reverse
circulation drilling, diamond core drilling, direct push rigs, and hydraulic rotary drilling; all these
are used to drill a borehole in the ground. Each drilling technique has its advantages and
disadvantages. Rotary blast hole drilling rigs offer various benefits such as ease of cleaning, low
operating cost, and easy maintenance. All these benefits make rotary blast hole drilling rigs
popular worldwide
Rapid growth in construction activities in emerging countries such as India and China is
anticipated to drive the overall rotary blast hole drilling rig market across the world. In addition,
increasing investment by governments in infrastructure development plans which include road
construction, railways, bridges, waterways, dams, and others is the key driver of the rotary
blast hole drilling rig market. Other factors such as introduction of powerful rotary drill rigs and
technological advancements are expected to accelerate the rotary blast hole drilling rig market
during the forecast period. Besides the construction industry, rotary blast hole drilling rigs are
expected to have huge opportunity in the oil and gas industry. However, rotary blast hole
drilling rigs entail high installation cost and this is a restraining factor for the market.
The global rotary blast hole drilling rig market can be segmented in terms of type, power
sources, hole diameter, application, and geography. Based on type, the market can be
segmented into mid-range drilling rig, large-range drilling rig, and others. Large-range drilling
rigs are expensive compared to mid-range drilling rigs. The mid-range drilling rig type is
expected to have the fastest growth rate, due to growing adoption of rotary blast hole drilling
rigs in different applications such as mining and construction. Based on power sources, the
market is classified into mechanical, electric, hydraulic, pneumatic, and steam. On the basis of
hole diameter, the market is segmented into 100-200 mm, 201 – 300 mm, 301-400 mm, and
more than 400 mm. In terms of application, the market is segmented into mining, construction,
oil and gas, demolition and recycling and others quarries and others.
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Geographically, the global rotary blast hole drilling rig market can be classified into South
America (Brazil), Asia Pacific (India, China, and Japan), Middle East & Africa (GCC and South
Africa), North America (the U.S. and Canada), and Europe (the U.K., France, and Germany). The
market in Europe is expected to contribute largest share. The market in the Asia Pacific region is
expected to grow at the fastest rate followed by Middle East & Africa during the forecast
period, due to increasing construction activities in these regions. North America is a mature
market for rotary blast hole drilling rig market. South America is anticipated to have a steady
growth during the forecast period.
Major players operating in the global rotary blast hole drilling rig market are Bauer, Furukawa,
Nanchang Kama Co., Ltd, Schramm, Sunward, Caterpiller- CAT, Komatsu Ltd., Schramm, Epicor,
Epiroc Mining India Limited, InfoMine Inc., Sandvik AB, Gill Rock Drill Co. Inc., Jcr Drillsol Pvt.
Ltd., Atlas Copco, Beaver Engineering Corporation, Westrac, and others. The degree of
competition between market players in the rotary blast hole drilling rig market is very high.
Companies are focused on technology adoption and development of their offerings in order to
gain competitive advantage in the industry. This strategy is expected to help them deal with the
competition during the forecast period.
Author
monali raghu
monali raghu349   documents Email
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