PUBLISHER: IMARC | PRODUCT CODE: 1379147
PUBLISHER: IMARC | PRODUCT CODE: 1379147
Mining Drilling Services Market Report by Mining Type (Metal, Coal, Mineral, Quarry), and Region 2023-2028
Abstract
The global mining drilling services market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2022-2028.
Mining drilling services refer to the drilling operations carried out on a contractual basis for the extraction of coal, metals and minerals. They involve services for mine exploration, development, production and mine closure. These services are also used for body characterization, surface and underground blast hole drilling, underground roof bolting and cabling and dewatering. They use autonomous drills, rotary steerable systems and mud motors for logging-while-drilling (LWD), measurement-while-drilling (MWD) operations. Mining drilling services provide accurate and precise depth tracking and aid in improving the efficiency of mining operations and enhancing the safety of the workforce. As a result, they find extensive applications for mineral, coal, quarry and metal mining.
Mining Drilling Services Market Trends:
Significant growth in the mining industry across the globe, along with increasing off-shore and on-shore oil exploration activities, is one of the key factors creating a positive outlook for the market. To meet the growing energy requirements, both developed and emerging economies are increasingly adopting effective mining and drilling services to ensure optimum extraction of oil and gas resources. Moreover, widespread adoption of low-emission energy and transportation systems across industries is providing a thrust to the market growth. Automobile manufacturers are integrating components that use mineral-based fuels in place of fossil fuels to minimize the carbon footprints. In line with this, the increasing utilization of directional drilling services is also contributing to the growth of the market. These services offer enhanced flexibility and minimal site restoration requirements, soil contamination and geological abnormalities. Additionally, various advancements in the drilling technologies, such as the development of battery-operated drill rigs, are favoring the market growth. Other factors, including the implementation of favorable government policies, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mining drilling services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on mining type.
Breakup by Mining Type:
Metal
Coal
Mineral
Quarry
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Action Drill & Blast, Baker Hughes, Boart Longyear, Byrnecut Group, Halliburton Company, Perenti Global Limited, PT UNITED TRACTORS TBK and Schlumberger Limited.
Key Questions Answered in This Report
- 1. How big is the global mining drilling services market?
- 2. What is the expected growth rate of the global mining drilling services market during 2023-2028?
- 3. What are the key factors driving the global mining drilling services market?
- 4. What has been the impact of COVID-19 on the global mining drilling services market?
- 5. What is the breakup of the global mining drilling services market based on the mining type?
- 6. What are the key regions in the global mining drilling services market?
- 7. Who are the key players/companies in the global mining drilling services market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Mining Drilling Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Mining Type
- 6.1 Metal
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Coal
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mineral
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Quarry
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Region
- 7.1 North America
- 7.1.1 United States
- 7.1.1.1 Market Trends
- 7.1.1.2 Market Forecast
- 7.1.2 Canada
- 7.1.2.1 Market Trends
- 7.1.2.2 Market Forecast
- 7.1.1 United States
- 7.2 Asia-Pacific
- 7.2.1 China
- 7.2.1.1 Market Trends
- 7.2.1.2 Market Forecast
- 7.2.2 Japan
- 7.2.2.1 Market Trends
- 7.2.2.2 Market Forecast
- 7.2.3 India
- 7.2.3.1 Market Trends
- 7.2.3.2 Market Forecast
- 7.2.4 South Korea
- 7.2.4.1 Market Trends
- 7.2.4.2 Market Forecast
- 7.2.5 Australia
- 7.2.5.1 Market Trends
- 7.2.5.2 Market Forecast
- 7.2.6 Indonesia
- 7.2.6.1 Market Trends
- 7.2.6.2 Market Forecast
- 7.2.7 Others
- 7.2.7.1 Market Trends
- 7.2.7.2 Market Forecast
- 7.2.1 China
- 7.3 Europe
- 7.3.1 Germany
- 7.3.1.1 Market Trends
- 7.3.1.2 Market Forecast
- 7.3.2 France
- 7.3.2.1 Market Trends
- 7.3.2.2 Market Forecast
- 7.3.3 United Kingdom
- 7.3.3.1 Market Trends
- 7.3.3.2 Market Forecast
- 7.3.4 Italy
- 7.3.4.1 Market Trends
- 7.3.4.2 Market Forecast
- 7.3.5 Spain
- 7.3.5.1 Market Trends
- 7.3.5.2 Market Forecast
- 7.3.6 Russia
- 7.3.6.1 Market Trends
- 7.3.6.2 Market Forecast
- 7.3.7 Others
- 7.3.7.1 Market Trends
- 7.3.7.2 Market Forecast
- 7.3.1 Germany
- 7.4 Latin America
- 7.4.1 Brazil
- 7.4.1.1 Market Trends
- 7.4.1.2 Market Forecast
- 7.4.2 Mexico
- 7.4.2.1 Market Trends
- 7.4.2.2 Market Forecast
- 7.4.3 Others
- 7.4.3.1 Market Trends
- 7.4.3.2 Market Forecast
- 7.4.1 Brazil
- 7.5 Middle East and Africa
- 7.5.1 Market Trends
- 7.5.2 Market Breakup by Country
- 7.5.3 Market Forecast
8 SWOT Analysis
- 8.1 Overview
- 8.2 Strengths
- 8.3 Weaknesses
- 8.4 Opportunities
- 8.5 Threats
9 Value Chain Analysis
10 Porters Five Forces Analysis
- 10.1 Overview
- 10.2 Bargaining Power of Buyers
- 10.3 Bargaining Power of Suppliers
- 10.4 Degree of Competition
- 10.5 Threat of New Entrants
- 10.6 Threat of Substitutes
11 Price Analysis
12 Competitive Landscape
- 12.1 Market Structure
- 12.2 Key Players
- 12.3 Profiles of Key Players
- 12.3.1 Action Drill & Blast
- 12.3.1.1 Company Overview
- 12.3.1.2 Product Portfolio
- 12.3.2 Baker Hughes
- 12.3.2.1 Company Overview
- 12.3.2.2 Product Portfolio
- 12.3.2.3 SWOT Analysis
- 12.3.3 Boart Longyear
- 12.3.3.1 Company Overview
- 12.3.3.2 Product Portfolio
- 12.3.3.3 Financials
- 12.3.3.4 SWOT Analysis
- 12.3.4 Byrnecut Group
- 12.3.4.1 Company Overview
- 12.3.4.2 Product Portfolio
- 12.3.5 Halliburton Company
- 12.3.5.1 Company Overview
- 12.3.5.2 Product Portfolio
- 12.3.6 Perenti Global Limited
- 12.3.6.1 Company Overview
- 12.3.6.2 Product Portfolio
- 12.3.6.3 Financials
- 12.3.7 PT UNITED TRACTORS TBK
- 12.3.7.1 Company Overview
- 12.3.7.2 Product Portfolio
- 12.3.7.3 Financials
- 12.3.7.4 SWOT Analysis
- 12.3.8 Schlumberger Limited
- 12.3.8.1 Company Overview
- 12.3.8.2 Product Portfolio
- 12.3.1 Action Drill & Blast
List of Figures
- Figure 1: Global: Mining Drilling Services Market: Major Drivers and Challenges
- Figure 2: Global: Mining Drilling Services Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Mining Drilling Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Mining Drilling Services Market: Breakup by Mining Type (in %), 2022
- Figure 5: Global: Mining Drilling Services Market: Breakup by Region (in %), 2022
- Figure 6: Global: Mining Drilling Services (Metal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 7: Global: Mining Drilling Services (Metal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 8: Global: Mining Drilling Services (Coal) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Mining Drilling Services (Coal) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Mining Drilling Services (Mineral) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Mining Drilling Services (Mineral) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Mining Drilling Services (Quarry) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Mining Drilling Services (Quarry) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: North America: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: North America: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: United States: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: United States: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Canada: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Canada: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Asia-Pacific: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Asia-Pacific: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: China: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: China: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Japan: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Japan: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: India: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: India: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: South Korea: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: South Korea: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Australia: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Australia: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Indonesia: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Indonesia: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Others: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Others: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Europe: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Europe: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Germany: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Germany: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: France: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: France: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: United Kingdom: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: United Kingdom: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Italy: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Italy: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Spain: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Spain: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Russia: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Russia: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Latin America: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Latin America: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Brazil: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Brazil: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Mexico: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Mexico: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Middle East and Africa: Mining Drilling Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Middle East and Africa: Mining Drilling Services Market: Breakup by Country (in %), 2022
- Figure 62: Middle East and Africa: Mining Drilling Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Global: Mining Drilling Services Industry: SWOT Analysis
- Figure 64: Global: Mining Drilling Services Industry: Value Chain Analysis
- Figure 65: Global: Mining Drilling Services Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Mining Drilling Services Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Mining Drilling Services Market Forecast: Breakup by Mining Type (in Million US$), 2023-2028
- Table 3: Global: Mining Drilling Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 4: Global: Mining Drilling Services Market: Competitive Structure
- Table 5: Global: Mining Drilling Services Market: Key Players
