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
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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