"Catapult Your Business to Fore, Gain Competitive Advantage "

Diamond Core Drilling Market Size, Share and Analysis By Operational Type (Hand Held, Rig Operated), By Drilling Technique (Stitch Drilling, Underwater Diamond Drilling, Surface Drilling, Underground Drilling) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106677 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

The diamond Core drilling is similar to horizontal drilling machine but are more accurate and precise. These are the hardest material mainly used for drilling metals and concrete. The major application of Diamond Core drilling machines is into Construction sector. These machines have advantages over traditional machines like Chisels, hammers, and drilling tools. The core drilling tools are capable of making holes or drills in a wall without damaging the aesthetics. Also, the accuracy of the machine at any given angle is one of the factor for choosing this over other tools.


The global diamond core drilling market is highly associated with the construction sector. The population increase is one of the major factor driving the market. Out skirts of towns and cities are getting urbanised in a faster pace there by surging the demand for Global diamond core drills. Another important factor contributing to the Global Diamond Core Drilling market is the rising Mining activities owing to increasing demand for base metals like Gold, Diamond, Zinc, Tin, and Copper. Hefty investments are flowing into infrastructural development by various governments and private organisations are also propelling the market growth.


  • For instance, Robert Bosch in 2018 made an investment of USD112million in an India and other Asia-Pacific regions for its mobility solutions, and safety & security services.


The cost of the Diamond core drilling is increasing day by day owing to its varied applications which hampers the market growth. However, the companies are focusing on innovative products in the market with reduced cost and size.

Impact of COVID-19 on the Global Diamond Core Drilling Market:


The constructions across regions were stopped for more than an expected period due to the restrictions imposed by governments to stop the spread of COVID-19 virus. The travel restrictions not only hampered the import and export of constructions materials and products but also been a hindrance for the constructions workers to travel from different places.

Key Insights


The report will cover following key insights:


  • Micro Macro Economic Indicators

  • Drivers, Restraints, Trends and Opportunities

  • Business Strategies Adopted by the Players

  • Impact of COVID-19 on Global Diamond Core Drilling Market

  • Consolidated SWOT Analysis of Key Players


Regional Analysis


To gain extensive insights into the market, Request for Customization


Asia-Pacific is expected to have the highest CAGR for the market in the forecast period. The increasing urbanisation activities is one of the major factor contributing to construction sector there by increasing the demand for Diamond core drilling.  The Governments projects to support the trade and supply chain activities are another major reason for the growth of the market in this region.


  • To mention a few projects, Indias’ Ashgabat Agreement signed in 2018 to facilitate the export of products to Europe and North America. China has invested USD900billion and is constructing the Silk Road in its border and facilitate the trade activities to Pakistan and other western countries.


North America is witnessing a high market growth for Diamond Core drilling due to the increasing public residential constructions. The Countries like the United States are spending more than USD6billion every year on residential constructions, rising the demand for Diamond Core Drills. 


  • American Government announced regarding the ‘clean energy initiative’ on 2021 in which the government plans to invest USD2trillion for infrastructural development and other constructional activities aiding the market growth of Diamond Core drill.


Europe is also anticipated to show positive growth in the forecast period. The Europe is known for manufacturing industries like automobiles, automobile spares, manufacturing equipment, and others. The companies in this region are increasing the production capacities to meet the growing demand. Hence, the demand for Diamond Core drill increases due to the boom of construction and heavy equipment manufacturing sectors.

South America is expected to see a decent growth due to the Infrastructure plans the region has for the next 3 years.


  • The consulting firm Mercer and Inter-American Development Bank has analysed infrastructure investments and it is reported to be more than USD300billion dollars in projects like   Projecto Crescer Initiative in Brazil.


The Middle East and African countries are also expected to show a steady growth due to the increasing infrastructure and Mining activities in Middle East, and Africa respectively.

Key Players Covered


The key players covered in the Global Diamond Core drilling market are Tyrolit, Hilti, Husqvarna AB, Ramset, Lissmac Maschinenbau, B+Btec, Golz, WEKA Elektrowerkzeuge, MK Diamond, Makita, and Milwaukee Electric Tool.

Segmentation
















By Operational Type


By Drilling Technique


By Geography



  • Hand Held

  • Rig Operated




  • Stitch Drilling

  • Underwater Diamond Drilling

  • Surface Drilling

  • Underground Drilling




  • North America (USA and Canada)

  • Europe (Poland, Hungary, Turkey, Spain, Czech Republic and Rest of Europe)

  • Asia Pacific (India, Thailand, Malaysia, Singapore, South Korea and Rest of APAC)

  • Middle East & Africa (UAE, South Africa and Rest of MEA)

  • Latin America (Brazil, Mexico and Rest of LATAM  



Key Industry Developments



  • In December 2021- Empire Resource, a Perth based company which is currently involved in Yuinmery Copper-Gold project that is happening in Western Australia. The company announced that they have commenced Diamond Core drilling for the mining project to get the exact lithological and structural data of the minerals.

  • In August 2021 – Hilti North America, a leading producer of drilling tools for commercial construction market, has launched a semi-autonomous core drilling tool called DD 250-CA diamond core drill. The tool along with Cut Assist Auto Feed unit gives better efficiency and intuitively assist the operator throughout the drilling process.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Machinery & Equipment Clients

Krones
Dow
Emerson
Siemens
SKF

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X