Report overview
A raise borer is a machine used in underground mining, to excavate a circular hole between two levels of a mine without the use of explosives. Raise boring provides a safe means of excavating a circular hole between two levels of a mine without the use of explosives. A raise boring machine is set on a platform on the upper level to drill a small hole, known as the pilot hole, through to the cavity below. Once the drill has broken through, the pilot bit is removed and is replaced by a reamer head, of the desired diameter of the shaft, which is rotated and raised back toward the raise boring machine. The drill cuttings from the reamer head fall to the bottom of the hole and the reaming process creates a cylindrical hole with smooth walls.
This report aims to provide a comprehensive presentation of the global market for Raise Boring Rig, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Raise Boring Rig. This report contains market size and forecasts of Raise Boring Rig in global, including the following market information:
Global Raise Boring Rig Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Raise Boring Rig Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Raise Boring Rig companies in 2022 (%)
The global Raise Boring Rig market was valued at US$ 200.7 million in 2022 and is projected to reach US$ 294.6 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core raise boring rig manufacturers include Epiroc, Herrenknecht, TRB-Raise Borers etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 37%, followed by Europe and North America with the share about 22% and 17%.In terms of product, acrylic binder is the largest segment, with a share over 65%. And in terms of application, the largest application is underground mining industry, followed by civil construction industry.
We surveyed the Raise Boring Rig manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Raise Boring Rig Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Raise Boring Rig Market Segment Percentages, by Type, 2022 (%)
Raise-boring
Down-reaming
Box-holing
Global Raise Boring Rig Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Raise Boring Rig Market Segment Percentages, by Application, 2022 (%)
Underground Mining Industry
Hydropower Project
Civil Construction Industry
Others
Global Raise Boring Rig Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Raise Boring Rig Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Raise Boring Rig revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Raise Boring Rig revenues share in global market, 2022 (%)
Key companies Raise Boring Rig sales in global market, 2018-2023 (Estimated), (Units)
Key companies Raise Boring Rig sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Epiroc
Herrenknecht
TRB-Raise Borers
Palmieri Group
Terratec
Stu Blattner
Changzhou Liding Colliery Machinery
Chuangyuan High-Tech Machinery
Jining Zhuoli Industrial Equipment
Yier Mechanical
Outline of Major Chapters:
Chapter 1: Introduces the definition of Raise Boring Rig, market overview.
Chapter 2: Global Raise Boring Rig market size in revenue and volume.
Chapter 3: Detailed analysis of Raise Boring Rig manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Raise Boring Rig in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Raise Boring Rig capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
