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Diamond Core Drilling Market Share
In 2023, dominant market players, including Albert Roller GmbH, Atlas Copco, Boart Longyear, Bosch, DUSS collectively held a substantial 10%-15% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.
Diamond Core Drilling Market Companies
Major companies operating in the diamond core drilling industry are:
- Albert Roller GmbH
- Atlas Copco
- Boart Longyear
- Bosch
- DUSS
- Eibenstock
- Epiroc AB
- Fordia Group
- Geomachine OY
- Golz
- Hilti
- Husquarna AB
- Lissmac
- Major Drilling Group International Inc.
- Maschinenban
- Master Drilling Group Ltd.
- Perenti Global Limited
- Ramset
- Sandvik AB
- Schlumberger Ltd.
- Tyrolit
Why is the demand for stitch drilling technique increasing in diamond core drilling industry?
The stitch drilling segment accounted for a market share of about 52% in 2023, as this technique can be employed for longer-duration projects, making it well-suited in infrastructure development projects.
What is the size of the diamond core drilling market?
The market size of diamond core drilling reached USD 912 million in 2023 and is set to witness 4.7% CAGR between 2024 and 2032, backed by the rising demand for precious metals and minerals, along with increasing exploration & mining activities.
Which companies define the competitive landscape of diamond core drilling market?
Albert Roller GmbH, Atlas Copco, Boart Longyear, Bosch, DUSS, Eibenstock, Epiroc AB, Fordia Group, Geomachine OY, Golz, and Hilti.
How big is Asia Pacific diamond core drilling industry?
Asia Pacific market generated over USD 291 million revenue in 2023, attributed to the growing need for drilling machines across industries like mining and construction.