The newly Rock Drilling Jumbo market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
Rock Drilling Jumbo is mainly composed of the rock drill, drill arm (the support, positioning and propelling mechanism), frame, travel system, and other necessary attachments. The product features self-propelling and that multiple rock drills can work simultaneously. And it is mainly used in the tunneling operation by drilling and blasting method and mining exploration.
On the basis of products, the various types include Rail/wheel Type Rock Drilling Jumbo, Rubber-tyred Type Rock Drilling Jumbo, and Crawler Type Rock Drilling Jumbo. On the basis of application, the Rock Drilling Jumbo market is segmented into Tunnel, Underground Engineering, and Other.
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Market Insights
The Rock Drilling Jumbo global market is estimated to be USD 378 million in 2019 and is expected to reach USD 417 million by 2026, with a CAGR of 1.41% during the forecast period. Major factors contributing to the growth of the Rock Drilling Jumbo global market include the increasing demand for Rock Drilling Jumbo in Tunnel and Underground Engineering industries, launches in introducing new products, and the increasing of spending on mining and infrastructure. With the recovery of the global economy and the development of emerging powers, the Rock Drilling Jumbo market is endowed with a promising future. Technological development and government support are projected to positively influence market growth.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Asia-Pacific dominated the market in 2018 with a market share of 43.26%. Retrofitting and renovation of old technology and increasing adoption of rock drilling jumbo in developing countries are expected to drive the growth of the market. North America and Europe accounted for a market share of 28.91% and 22.15% respectively in 2018. The progress of technology for rock drilling jumbo in the regions of North America and Europe that is expected to boost the market for more advanced rock drilling jumbo.
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Competitive Players
The Rock Drilling Jumbo market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Atlas, XCMG, Herrenknecht, J.H. Fletcher, and Kaishan. Other prominent vendors in the market are TEI, Deilmann-Haniel Mining Systems, Furukawa, Eastsun, Kama, Hengzhi, and others.
Target Audience for this Report
l Rock Drilling Jumbo manufacturers
l Rock Drilling Jumbo importers and exporters
l Rock Drilling Jumbo traders, distributors, and suppliers
l Raw material suppliers of Rock Drilling Jumbo
l Rock Drilling Jumbo industry associations
l Product managers, Rock Drilling Jumbo industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Rock Drilling Jumbo Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Rock Drilling Jumbo Market by Types
4 Segmentation of Rock Drilling Jumbo Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Rock Drilling Jumbo Market in Major Countries
7 North America Rock Drilling Jumbo Landscape Analysis
8 Europe Rock Drilling Jumbo Landscape Analysis
9 Asia Pacific Rock Drilling Jumbo Landscape Analysis
10 Latin America, Middle East & Africa Rock Drilling Jumbo Landscape Analysis
11 Major Players Profile
11.1 Atlas
11.1.1 Atlas Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 XCMG
11.3 Herrenknecht
11.4 J.H. Fletcher
11.5 Kaishan
11.6 TEI
11.7 Deilmann-Haniel Mining Systems
11.8 Furukawa
11.9 Eastsun
11.10 Kama
11.11 Hengzhi
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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