Los Angeles, CA -- (SBWIRE) -- 03/27/2019 -- Tunneling and rock drilling equipment is machinery used to create huge holes in the earths subsurface. The holes can be used to construct infrastructure projects such as underground tunnels or to extract minerals.
A rapid increase in technology is the primary driver of the market. As technology has developed, it has enabled tunneling and drilling at the most critical areas too. Also, the monitors and sensors make way for the smooth functioning of the tunneling and drilling process, thus increasing the demand for it. Advancements in the tunneling process and the latest trend of dismantling tunnels are expected to create future opportunities. However, the tunneling and rock drilling equipment need timely maintenance, which could be a restraint for the market.
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APAC dominated the tunneling and rock drilling equipment during the forecast period. The rising infrastructural activities are the key contributor to the dominance of the tunneling and rock drilling equipment market in the region.
The global Tunneling and Rock Drilling Equipment market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Tunneling and Rock Drilling Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Tunneling and Rock Drilling Equipment 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.
The following manufacturers are covered:
Atlas Copco
Hitachi Zosen
Sandvik Construction
Sanyhe International Holdings
Herrenknecht
Furukawa Rock Drill
Kawasaki Heavy
Komatsu
Sunward Equipment Group
China Railway Engineering
XCMG Group
DH Mining System
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Tunneling and Rock Drilling Equipment market Report: https://www.qyresearch.com/index/detail/988453/global-tunneling-and-rock-drilling-equipment-competitive-market
Tunneling and Rock Drilling Equipment Market Segment by Regions
North America
Europe
China
Japan
Tunneling and Rock Drilling Equipment Market Segment by Type
Medium-Sized
Large-Sized
Heavy-Sized
Others
Tunneling and Rock Drilling Equipment Market Segment by Application
Mining
Construction
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