Global Underground Mining Diamond Drilling Market Analysis 2020

The Underground Mining Diamond Drilling market is expected to reach $711.24 million by 2026 growing at a CAGR of 8.0% during 2019 to 2026. Underground mining diamond drilling is a process of extracting core samples from the earth. It is an exploratory process that determines the structural strength of mineral composition for potential mining or construction projects. A diamond implemented drill bit is employed in diamond drilling. Diamond coring bits are widely used in the exploration phase of the mining industry. Rock samples are analyzed by geologists to understand the sub-surface geology. Diamond core drill bits are reliable, as they are made from industrial strength diamonds. Factors such as increasing investment in metal mining and growing demand for intelligent drill bits are driving the market growth. Though, difficulty in the evacuation of waste is restraining the market. Growing the demand for base metals such as nickel, lead, copper, and zinc and precious metals for instance gold, silver, and diamond are creating opportunities for the market. Based on application, the hard rock segment is anticipated to grow at the significant rate during the forecast period due to the penetration of diamond bits which is high regarding that of other materials. Moreover, diamond core drill bits are mostly employed in the exploration industry, especially for hard rocks. This is possible to augment the demand for diamond core drill bits that are used in underground mining of hard rocks. The key vendors mentioned are Atlas Copco, Boart Longyear, Epiroc AB, FORDIA, Geomachine Oy, Indium Corporation, Sandvik AB, SINOCOREDRILL GROUP, VersaDrill, Wuxi Geological Drilling Equipment Co., Ltd and Zinex Mining Corp. Types Covered: • Rotary Drilling • Wire Line Drilling Applications Covered: • Soft Rock • Hard Rock Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Underground Mining Diamond Drilling Market, By Type
5.1 Introduction
5.2 Rotary Drilling
5.3 Wire Line Drilling

6 Global Underground Mining Diamond Drilling Market, By Application
6.1 Introduction
6.2 Soft Rock
6.3 Hard Rock

7 Global Underground Mining Diamond Drilling Market, By Geography
7.1 Introduction
7.2 North America
7.3 Europe
7.4 Asia Pacific
7.5 South America
7.6 Middle East & Africa

8 Strategic Benchmarking

9 Vendors Landscape
9.1 Atlas Copco
9.2 Boart Longyear
9.3 Epiroc AB
9.4 FORDIA
9.5 Geomachine Oy
9.6 Indium Corporation
9.7 Sandvik AB
9.8 SINOCOREDRILL GROUP
9.9 VersaDrill
9.10 Wuxi Geological Drilling Equipment Co., Ltd
9.11 Zinex Mining Corp

List of Data Tables
1 Global Underground Mining Diamond Drilling Market Outlook, By Region (2018-2026) ($MN)
2 Global Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
3 Global Underground Mining Diamond Drilling Market Outlook, By Rotary Drilling (2018-2026) ($MN)
4 Global Underground Mining Diamond Drilling Market Outlook, By Wire Line Drilling (2018-2026) ($MN)
5 Global Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)
6 Global Underground Mining Diamond Drilling Market Outlook, By Soft Rock (2018-2026) ($MN)
7 Global Underground Mining Diamond Drilling Market Outlook, By Hard Rock (2018-2026) ($MN)
8 North America Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
9 North America Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)
10 Europe Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
11 Europe Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)
12 Asia Pacific Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
13 Asia Pacific Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)
14 South America Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
15 South America Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)
16 Middle East & Africa Underground Mining Diamond Drilling Market Outlook, By Type (2018-2026) ($MN)
17 Middle East & Africa Underground Mining Diamond Drilling Market Outlook, By Application (2018-2026) ($MN)