Lucintel Forecasts the Global Mining Drill Rigs Market is expected to grow with a CAGR of 6.2% from 2024 to 2030

According to a market report by Lucintel, the future of the global mining drill rigs market looks promising with opportunities in the automatic and manual markets. The global mining drill rigs market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising demand for minerals and metals and growing investments in the energy sectors.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in mining drill rigs market to 2030 by drilling method (core drilling and reverse circulation drilling), drilling fluid (air drilling, oil-based mud, and water-based mud), mode of operation (automatic and manual), power transmission (electrical, hydraulic, and mechanical), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, core drilling and reverse circulation drilling are the major segments of mining drill rigs market by drilling method. Lucintel forecasts that reverse circulation drilling is expected to witness higher growth over the forecast period.

Within this market, automatic is expected to witness higher growth.

Download sample by clicking on mining drill rigs market

APAC will remain the largest region over the forecast period.

Atlas Copco, Ausdrill By Perenti, Beaver Engineering, Boart Longyear, Caterpillar, Changsha Heijingang Industrial, Doosan Corporation, Epiroc, Famur, and Geomachine Oy are the major suppliers in the mining drill rigs market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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