Press release
Auger Drilling Market Size & Share - Industry Trend and Forecast 2017 - 2025
The objectives of this study are as follows:
To define, describe, and forecast the " Auger Drilling" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Auger drill is a drilling device which usually consists of a screw blade which is helical in shape. The shape of the blade helps to move waste materials out of the desired object or place to the surface. Auger drills are used for a wide variety of applications such as environmental and geotechnical drilling, site investigation, sampling, construction and many more. The operation cost of the auger drills is lower than the other drilling tools available in the market, which gives it a competitive edge over other drilling tools. The use of auger drillers is highly effective because of their increased ease of use as significantly low downward pressure is required for drilling into a specific work piece. Auger drills are used in a wide variety of woodworking and furniture applications due to their capability of forming neat holes. Additionally, the deep flights in an auger drill helps to avoid clogging which is beneficial as compared to other drilling tools. Depending on the need and type of drills, auger drills are available in a wide variety of servings. For instance, auger drills are available for heavy duty construction as well as small drills used for furniture. Additionally, auger drilling are preferred over other drilling tools to drill deep holes because the blades help to gain a sharper finish on the desired object.
The global auger drilling market is likely to see significant growth during the forecast period 2017-2025 owing to the significant increase in construction activity at a global level. Additionally, the low cost of maintenance of auger drills could also be a driving factor for the market. Owing to the angle and size of the blades in the auger drilling tool, it must be used at a slower speed, resulting in lower pace of deriving outputs, which might be one of the factors hampering the growth of the global auger drilling market. Additionally, due to the nature of the auger drill it is effective on unconsolidated, weaker, or soft materials. This could also have a negative impact on the growth of the auger drilling market.
The global auger drilling market is segmented based on type, structure, end-use industry, and geographical locations. In terms of type, the global auger drilling market is sub segmented into handheld augers and machine augers. Handheld augers include wood augers, ice augers, earth augers, soil augers, planting augers and more. Machine augers are usually used for heavy duty agricultural and industrial applications and are often attached to a construction machine. Based on structure, the market is sub segmented into bucket augers and continuous flight augers. In the continuous flight augers, the blades are helical in shape. In this type of drill, the waste produced is brought to the surface by the helical blades. In bucket augers, the waste materials are brought to the surface by the bucket shaped edge of the drilling tool. As per end use industries, the global auger drilling market is sub segmented into construction, mining and others. Based on geographical locations, the market is segmented into North America, South America, Middle East & Africa, Asia Pacific, and Europe.
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With the increased need for drilling, there are several players in the auger drilling market. Some of the key players are Total Drilling Supply LLC, Zhengzhou Hanfa Imp & Exp Trading Co. Ltd., Terex Utilities, Drilling World, Champion Equipment Co, Drillpower QLD, On Track Drilling, BABA Drill, Irwin Tools, and Master Drilling.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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