Tunneling and Rock Drilling Equipment Market Rising Industrial Applications to Augment Growth Observes RI 2017-2021



Description
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials


Tunneling and rock drilling equipment is a machine used to create massive holes in the earth's subsurface. These holes can be used for the extraction of minerals or construction of infrastructure projects such as underground tunnels. The types of equipment which are generally categorized as tunneling and rock drilling equipment are tunnel boring machine (TBM), tapping equipment, reaming, and so on.

Technavio's analysts forecast the global tunneling and rock drilling equipment market to grow at a CAGR of 4.88% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global tunneling and rock drilling equipment market for 2017-2021. To calculate the market size, the report presents the list of the key prominent vendors offering their product in the global market.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Tunneling and Rock Drilling Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Atlas Copco
• Bessac - Tunnels & Microtunnels
• Hitachi Zosen
• Sandvik Construction
• SANYHE International Holdings
• HERRENKNECHT
Other prominent vendors
• Akkerman
• Astec Industries
• China Railway Engineering Corporation
• China Communications Construction Company
• DH Mining System (dhms)
• Furukawa Rock Drill
• GHH Mining Machines
• IHI
• Kawasaki Heavy Industries
• Komatsu
• JIM Technology (JIMT)
• SCHMITTWERKE (IBS)
• STEC
• S.E.L.I.
• Joy Global
• Mine Master
• mts Perforator
• NHI (NFM Technologies)
• Hermann Paus Maschinenfabrik
• PVE Piling & Vibro Equipment
• RDH Mining Equipment
• Northern Heavy Industries Group
• Sunward Equipment Group
• TERRATEC
• XCMG Group


Market driver
• Infrastructure growth around the globe.
• For a full, detailed list, view our report

Market challenge
• Geological complexities in tunneling and rock drilling operations.
• For a full, detailed list, view our report

Market trend
• Mining automation driving growth for tunneling and rock drilling equipment.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors


This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis

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Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake

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