Los Angeles, CA -- (SBWire) -- 02/16/2019 --DTH Drill Bits is basically a mini jack hammer that screws on the bottom of a drill string. The fast hammer action breaks hard rock into small flakes and dust and is blown clear by the air exhaust from the DTH hammer.
DTH Drill Bits industry is relatively decentralized; the reason is the low requirement of technology, initial capital and the ability of worker. Major manufacturers of DTH Drill Bits are mainly in US, Europe and China.
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DTH Drill Bits is now a mature technology, with many companies worldwide supplying the equipment and consumables needed. Some, such as Atlas Copco, Boart Longyear, Halco and Sandvik, supply world markets; others are regionally based, providing equipment that is compatible with machines from the major manufacturers.
The global DTH Drill market is valued at 1050 million US$ in 2018 is expected to reach 1120 million US$ by the end of 2025, growing at a CAGR of 0.8% during 2019-2025.
This report focuses on DTH Drill volume and value at global level, regional level and company level. From a global perspective, this report represents overall DTH Drill market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Drill King
EDM
Rock-Tech International
Bulroc
Mincon
Sandeep Drilltech
Mindrill Systems & Solutions
Rockmore
Dynadrill
Prodrill Equipment
Others
Segment by Regions:
North America
Europe
China
Japan
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Segment by Type:
DTH Drill Bits M30
Type II
Segment by Application:
Mining and Quarry Industry
Waterwell Drilling
Construction
Oil & Gas Industry
Others
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DTH Drill Market: Regional Outlook:(US, Europe and China) Is Projected to Lead the Market over the Forecast Period 2019-2025
The global DTH Drill market is valued at 1050 million US$ in 2018 is expected to reach 1120 million US$ by the end of 2025, growing at a CAGR of 0.8% during 2019-2025.