“Mining Drilling Services Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on mining drilling services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for mining drilling services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The mining drilling services market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Surface Mining; Underground Mining
- 2) By Application: Metal; Coal; Mineral; Quarry
- 3) By End-User: Construction; Manufacturing; Technology Industries
- Companies Mentioned: Action Drill & Blast; Ausdrill; BoartLongyear; Byrnecut Mining Pty. Ltd; PT United Tractors Tbk
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the mining drilling services market are Action Drill & Blast, Ausdrill, BoartLongyear, Byrnecut Mining Pty. Ltd., PT United Tractors Tbk, Perenti Group, PAMA SPA, Aban Offshore, Capital Drilling, Geodrill, Gregg Drilling LLC, Orbit Garant Drilling Inc., Foraco International S.A, Major Drilling Group International Inc., and Schlumberger Limited.
The global mining drilling services market is expected to grow from $2.64 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mining drilling services market is expected to grow to $3.73 billion in 2027 at a CAGR of 6.9%.
The mining drilling services market includes revenues earned by entities by providing impact drill, rotatory drill, breaking, ore removing, blasting services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The mining drilling services is a process of extracting stones, minerals, and resources from different levels beneath the surface. It is a process that required very heavy equipment to complete mining drilling work processes. These services are used in providing geologists with different samples of soil for analysis and facilitating the extraction of precious minerals.
Asia-Pacific was the largest region in the mining drilling services market in 2022. The regions covered in the mining drilling services report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of mining drilling services are surface mining and underground mining. Surface mining refers to a form of mining in which the soil and the rock covering the mineral deposits are removed. The various applications involved are metal, coal, mineral, and quarry and it is used in construction, manufacturing, and by technology industries.
The rise in the production of mining is expected to propel the growth of the mining drilling services market going forward. Mining refers to the method of extracting useful materials from the earth. Mining production is growing due to industries' dependency on the supply of mineral commodities from underground. Thus, these requirements have increased the demand for mining drilling services. For instance, in February 2022, according to the United States Geological Survey, a US-based Government Agency, U.S mines produced nearly $90.4 billion in mineral commodities in 2021, a $9.7 billion increase over the 2020 revised total of $80.7 billion. Therefore, the rise in the production of mining is driving the growth of the mining drilling services market.
Technological advancement is a key trend gaining popularity in the mining drilling services market. Major companies operating in the mining drilling services market are focused on developing new technological solutions to strengthen their position in the market. For instance, in July 2021, Perenti, an Australia-based company operating in mining drilling services, launched idoba, a new technology-driven service offering for the mining industry, that leverages in-house technology and data expertise to add value to the global mining services activities. The idoba technology is the culmination of Perenti's strategic technological growth which, in addition to supporting the Perenti business, would provide digital product and technology services to clients with revenue and earnings that are generated from these services.
In June 2021, Major Drilling Group International Inc., a Canada-based company operating in the mining drilling services, acquired McKay Drilling PTY Limited for $39.7 million. With this acquisition, Major Drilling Group International Inc. extends its portfolio in mining drilling services. McKay Drilling PTY Limited is an Australia-based company providing mining drilling services.
The countries covered in the mining drilling services market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The mining drilling services market research report is one of a series of new reports from The Business Research Company that provides mining drilling services market statistics, including mining drilling services industry global market size, regional shares, competitors with a mining drilling services market share, detailed mining drilling services market segments, market trends and opportunities, and any further data you may need to thrive in the mining drilling services industry. This mining drilling services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Mining Drilling Services Market Characteristics
3. Mining Drilling Services Market Trends And Strategies
4. Mining Drilling Services Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Mining Drilling Services Market
- 4.2. Ukraine-Russia War Impact On Mining Drilling Services Market
- 4.3. Impact Of High Inflation On Mining Drilling Services Market
5. Mining Drilling Services Market Size And Growth
- 5.1. Global Mining Drilling Services Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Mining Drilling Services Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Mining Drilling Services Market Segmentation
- 6.1. Global Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Surface Mining
- Underground Mining
- 6.2. Global Mining Drilling Services Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Metal
- Coal
- Mineral
- Quarry
- 6.3. Global Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Construction
- Manufacturing
- Technology Industries
7. Mining Drilling Services Market Regional And Country Analysis
- 7.1. Global Mining Drilling Services Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Mining Drilling Services Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Mining Drilling Services Market
- 8.1. Asia-Pacific Mining Drilling Services Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Mining Drilling Services Market
- 9.1. China Mining Drilling Services Market Overview
- 9.2. China Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Mining Drilling Services Market
- 10.1. India Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Mining Drilling Services Market
- 11.1. Japan Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Mining Drilling Services Market
- 12.1. Australia Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Mining Drilling Services Market
- 13.1. Indonesia Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Mining Drilling Services Market
- 14.1. South Korea Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Mining Drilling Services Market
- 15.1. Western Europe Mining Drilling Services Market Overview
- 15.2. Western Europe Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Mining Drilling Services Market
- 16.1. UK Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Mining Drilling Services Market
- 17.1. Germany Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Mining Drilling Services Market
- 18.1. France Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Mining Drilling Services Market
- 19.1. Eastern Europe Mining Drilling Services Market Overview
- 19.2. Eastern Europe Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Mining Drilling Services Market
- 20.1. Russia Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Mining Drilling Services Market
- 21.1. North America Mining Drilling Services Market Overview
- 21.2. North America Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Mining Drilling Services Market
- 22.1. USA Mining Drilling Services Market Overview
- 22.2. USA Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Mining Drilling Services Market
- 23.1. South America Mining Drilling Services Market Overview
- 23.2. South America Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Mining Drilling Services Market
- 24.1. Brazil Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Mining Drilling Services Market
- 25.1. Middle East Mining Drilling Services Market Overview
- 25.2. Middle East Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Mining Drilling Services Market
- 26.1. Africa Mining Drilling Services Market Overview
- 26.2. Africa Mining Drilling Services Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Mining Drilling Services Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Mining Drilling Services Market Competitive Landscape And Company Profiles
- 27.1. Mining Drilling Services Market Competitive Landscape
- 27.2. Mining Drilling Services Market Company Profiles
- 27.2.1. Action Drill & Blast
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Ausdrill
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. BoartLongyear
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Byrnecut Mining Pty. Ltd
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. PT United Tractors Tbk
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Mining Drilling Services Market
29. Mining Drilling Services Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer