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Global Diamond Core Drilling Market to reach 113.92 billion USD by 2027.

Global Diamond Core Drilling Market Size study, by By Operation Type (Hand Held, Rig Operated), By Drilling Technique (Stitch Drilling, Underwater Diamond Drilling, Surface Drilling, Underground Drilling), By Drilling Type (Rotary Drilling, Wireline Drilling) and Regional Forecasts 2021-2027

Product Code: EPPGS-70386797
Publish Date: 5-10-2021
Page: 200

Global Diamond Core Drilling Market is valued approximately 92.63 billion USD in 2020 and is anticipated to grow with a healthy growth rate of more than 3.0% over the forecast period 2021-2027. Diamond core drilling in concrete, stone, asphalt, or masonry buildings is a high-speed, high-production type of drilling. It is quick, safe, and silent, with no impact or vibration damage to the immediate structure. Due to the mechanical advantages of diamond core drilling over alternative drilling technologies, the diamond core drilling market gets a competitive advantage. Diamond core drilling, first and foremost, removes the possibility of fractures and spalling. Using the correct diamond drill bits ensures sharp, accurate, and clean openings without the need for patching or additional work. For instance, Energy Efficiency Services Ltd (EESL) and MECON Ltd. signed a memorandum of understanding (MoU) in June 2021 to enhance energy efficiency in the steel and mining industries. The high cost of these automated and customized drilling machines is projected to be a barrier for the growth of market. Furthermore, the rise of underground mining activities is leading to an increase in worker fatalities and illnesses. However, the rise of the mining industry in growing economies including India, China, and Japan is increasing output of resources such as diamonds, coal, tin, copper, and other minerals. This will drive demand for diamond core drilling machines as the underground mining market grows and is likely to increase the market growth during the forecast period.

The regional analysis of global Diamond Core Drilling Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the ruling region across the world in terms of market share owing to the growing in underground mining activities across China will increase the demand. Whereas North America is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as recommencement of mining industry and construction in country would create lucrative growth prospects for the Diamond Core Drilling Market across U.S region.

Major market player included in this report are:
Hilti Corporation
Atlas Copco
WEKA Elektrowerkzeuge KG
Robert Bosch GmbH
Boart Longyear
Elektrowerkzeuge GmbH Eibenstock
MASSENZA Drilling Rigs Srl
Milwaukee Tool
Controls S.p.A
Epiroc Mining India Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Operation Type:
Hand Held
Rig Operated
By Drilling Technique:
Stitch Drilling
Underwater Diamond Drilling
Surface Drilling
Underground Drilling
By Drilling Type:
Rotary Drilling
Wireline Drilling

By Region:
North Americadone


Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Diamond Core Drilling Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Diamond Core Drilling Market, by Region, 2019-2027 (USD Billion)
1.2.2. Diamond Core Drilling Market, by Operation Type, 2019-2027 (USD Billion)
1.2.3. Diamond Core Drilling Market, by Drilling Technique, 2019-2027 (USD Billion)
1.2.4. 1.2.3. Diamond Core Drilling Market, by Drilling Type, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Diamond Core Drilling Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Diamond Core Drilling Market Dynamics
3.1. Diamond Core Drilling Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Mechanical benefits of diamond core drilling Growing mineral production rate Advanced automation and customization
3.1.2. Market Challenges Threat of new entrants and substitute of the diamond core drilling market
3.1.3. Market Opportunities Large projects for exploration of exploratory wells
Chapter 4. Global Diamond Core Drilling Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Diamond Core Drilling Market, by Operation Type
5.1. Market Snapshot
5.2. Global Diamond Core Drilling Market by Operation Type, Performance – Potential Analysis
5.3. Global Diamond Core Drilling Market Estimates & Forecasts by Operation Type 2018-2027 (USD Billion)
5.4. Diamond Core Drilling Market, Sub Segment Analysis
5.4.1. Hand Held
5.4.2. Rig Operated
Chapter 6. Global Diamond Core Drilling Market, by Drilling Type
6.1. Market Snapshot

6.2. Global Diamond Core Drilling Market by Drilling Type, Performance – Potential Analysis

6.3. Global Diamond Core Drilling Market Estimates & Forecasts by Operation Type 2018-2027 (USD Billion)

6.4. Diamond Core Drilling Market, Sub Segment Analysis

6.4.1. Rotary Drilling
6.4.2. Wireline Drilling

Chapter 7. Global Diamond Core Drilling Market, by Drilling Technique

7.1. Market Snapshot
7.2. Global Diamond Core Drilling Market by Drilling Technique, Performance – Potential Analysis
7.3. Global Diamond Core Drilling Market Estimates & Forecasts by Drilling Technique 2018-2027 (USD Billion)
7.4. Diamond Core Drilling Market, Sub Segment Analysis
7.4.1. Stitch Drilling
7.4.2. Underwater Diamond Drilling
7.4.3. Surface Drilling
7.4.4. Underground Drilling
Chapter 8. Global Diamond Core Drilling Market, Regional Analysis
8.1. Diamond Core Drilling Market, Regional Market Snapshot
8.2. North America Diamond Core Drilling Market
8.2.1. U.S. Diamond Core Drilling Market Operation Type breakdown estimates & forecasts, 2018-2027 Drilling Technique breakdown estimates & forecasts, 2018-2027 Drilling Type breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Diamond Core Drilling Market
8.3. Europe Diamond Core Drilling Market Snapshot
8.3.1. U.K. Diamond Core Drilling Market
8.3.2. Germany Diamond Core Drilling Market
8.3.3. France Diamond Core Drilling Market
8.3.4. Spain Diamond Core Drilling Market
8.3.5. Italy Diamond Core Drilling Market
8.3.6. Rest of Europe Diamond Core Drilling Market
8.4. Asia-Pacific Diamond Core Drilling Market Snapshot
8.4.1. China Diamond Core Drilling Market
8.4.2. India Diamond Core Drilling Market
8.4.3. Japan Diamond Core Drilling Market
8.4.4. Australia Diamond Core Drilling Market
8.4.5. South Korea Diamond Core Drilling Market
8.4.6. Rest of Asia Pacific Diamond Core Drilling Market
8.5. Latin America Diamond Core Drilling Market Snapshot
8.5.1. Brazil Diamond Core Drilling Market
8.5.2. Mexico Diamond Core Drilling Market
8.6. Rest of The World Diamond Core Drilling Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Hilti Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Atlas Copco
9.2.3. WEKA Elektrowerkzeuge KG
9.2.4. Robert Bosch GmbH
9.2.5. Boart Longyear
9.2.6. Elektrowerkzeuge GmbH Eibenstock
9.2.7. MASSENZA Drilling Rigs Srl
9.2.8. Milwaukee Tool
9.2.9. Controls S.p.A
9.2.10. Epiroc Mining India Limited
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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