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Global Tunneling and Rock Drilling Equipment Market Report 2020-2024 with Vendors Analysis of Astec Industries, Atlas Copco, Furukawa, Hitachi Zosen, Hyundai, IHI, Kawasaki, Komatsu, Sandvik, Xugong - ResearchAndMarkets.com

·3-min read

The "Global Tunneling and Rock Drilling Equipment Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The tunneling and rock drilling equipment market is poised to grow by $985.74 million during 2020-2024 progressing at a CAGR of 3% during the forecast period.

The market is driven by the advances in technologies, growth in urban rail systems and infrastructure growth around the globe.

This study identifies the innovation in tunnel dismantling machine as one of the prime reasons driving the tunneling and rock drilling equipment market growth during the next few years. Also, mining automation driving growth for tunneling and rock drilling equipment and increased underground construction will lead to sizable demand in the market.

This report on the tunneling and rock drilling equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading tunneling and rock drilling equipment market vendors that include Astec Industries Inc., Atlas Copco AB, Furukawa Electric Co. Ltd., Hitachi Zosen Corp., Hyundai Motor Co., IHI Corp., Kawasaki Heavy Industries Ltd., Komatsu Ltd., Sandvik AB, and Xugong Group Construction Machinery Co. Ltd.

Also, the tunneling and rock drilling equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

The market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019-2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Mining - Market size and forecast 2019-2024

  • Construction - Market size and forecast 2019-2024

  • Market opportunity by Application

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

  • Competitive scenario

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Astec Industries Inc.

  • Atlas Copco AB

  • Furukawa Electric Co. Ltd.

  • Hitachi Zosen Corp.

  • Hyundai Motor Co.

  • IHI Corp.

  • Kawasaki Heavy Industries Ltd.

  • Komatsu Ltd.

  • Sandvik AB

  • Xugong Group Construction Machinery Co. Ltd.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/v65r9f

View source version on businesswire.com: https://www.businesswire.com/news/home/20210120005604/en/

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