Diamond Core Drilling Trends and Forecast
The future of the global diamond core drilling market looks promising with opportunities in the construction and mining markets. The global diamond core drilling market is expected to reach an estimated $2.2 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are escalating need for mineral exploration, rising focus on sustainable drilling practices, and expanding infrastructure development and construction initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Diamond Core Drilling by Segment
The study includes a forecast for the global diamond core drilling by operational type, drilling type, drilling technique, end use, and region.
Diamond Core Drilling Market by Operational Type [Shipment Analysis by Value from 2018 to 2030]:
• Hand-Type Drill
• Rig-Operated
Diamond Core Drilling Market by Drilling Type [Shipment Analysis by Value from 2018 to 2030]:
• Rotary Drilling
• Wireline Drilling
Diamond Core Drilling Market by Drilling Technique [Shipment Analysis by Value from 2018 to 2030]:
• Stitch Drilling
• Underwater Diamond Drilling
• Surface Drilling
• Underground Drilling
• Others
Diamond Core Drilling Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Mining
• Others
Diamond Core Drilling Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Diamond Core 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 diamond core drilling companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the diamond core drilling companies profiled in this report include-
• Albert Roller
• Atlas Copco
• Bosch
• DUSS
• Eibenstock
• Epiroc
• Fordia
• Geomachine
• Hilti
• Husqvarna
Diamond Core Drilling Market Insights
Lucintel forecasts that stitch drilling is expected to witness the highest growth over the forecast period.
Within this market, mining will remain the larger segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Diamond Core Drilling Market
Market Size Estimates: Diamond core 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: Diamond core drilling market size by various segments, such as by operational type, drilling type, drilling technique, end use, and region in terms of value ($B).
Regional Analysis: Diamond core drilling market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different operational types, drilling types, drilling techniques, end uses, and regions for the diamond core drilling market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the diamond core drilling market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the diamond core drilling market size?
Answer: The global diamond core drilling market is expected to reach an estimated $2.2 billion by 2030.
Q2. What is the growth forecast for diamond core drilling market?
Answer: The global diamond core drilling market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the diamond core drilling market?
Answer: The major drivers for this market are escalating need for mineral exploration, rising focus on sustainable drilling practices, and expanding infrastructure development and construction initiatives.
Q4. What are the major segments for diamond core drilling market?
Answer: The future of the diamond core drilling market looks promising with opportunities in the construction and mining markets.
Q5. Who are the key diamond core drilling market companies?
Answer: Some of the key diamond core drilling companies are as follows:
• Albert Roller
• Atlas Copco
• Bosch
• DUSS
• Eibenstock
• Epiroc
• Fordia
• Geomachine
• Hilti
• Husqvarna
Q6. Which diamond core drilling market segment will be the largest in future?
Answer: Lucintel forecasts that stitch drilling is expected to witness the highest growth over the forecast period.
Q7. In diamond core drilling market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 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 diamond core drilling market by operational type (hand-type drill and rig-operated), drilling type (rotary drilling and wireline drilling), drilling technique (stitch drilling, underwater diamond drilling, surface drilling, underground drilling, and others), end use (construction, mining, 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 Diamond Core Drilling Market, Diamond Core Drilling Market Size, Diamond Core Drilling Market Growth, Diamond Core Drilling Market Analysis, Diamond Core Drilling Market Report, Diamond Core Drilling Market Share, Diamond Core Drilling Market Trends, Diamond Core Drilling Market Forecast, Diamond Core Drilling Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.