Press release
Forecast On Auger Drilling Machine Market Global Industry Analysis and Trends till 2028
An auger drilling machine is used to drill holes through a gouging motion with the drill bit. This type of drilling process is called auger drilling or auger boring. Auger drilling machines find application in the field of construction, mining and railways for environmental and geotechnical sampling. In addition to that, auger drilling machines are used in fence post setting, tree planting, road construction, etc.
Two types of auger drilling machines are commonly used among end-user industries. The first is the Continuous Flight Auger where cutting products are brought to the surface by the helical edge of the drill bit, and the second is the Bucket Auger, which is used for deep boreholes and the cuttings get collected in a bucket. Auger drilling machines are truck mounted for small projects and bigger auger drilling machines are used in sinking piles for building bridge foundations.
Auger drilling machines offer deep penetration and low operational cost and are free of contamination fluid.
Auger Drilling Machine Market: Market Dynamics
The market for auger drilling machine is mostly depending the applications required and the common requirement is to penetrate the ground particularly for tough soils. The market for these types of power tools is currently growing at steady growth trend and it is supporting the manufacturers to produce auger drilling machine.
Advancements in deep boring with various types of drill bits have positively impacted the growth of the global auger drilling machine market. The growth of the auger drilling machine market is also supported by the use of advanced materials for drill bits and coating or plating the drill bits to avoid corrosion. The advancements in ergonomics by offering less vibration handlebar has largely supported the growth of global auger drilling machine market.
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Auger Drilling Machine Market: Segmentation
The global auger drilling machine market can be segmented on the basis of type of drill, operation, mounting, application and end use.
On the basis of type of drill, the global auger drilling machine market has been segmented into:
Vertical Augur Drill
Horizontal Augur Drill
Telescopic Augur Drill
On the basis of operation, the global auger drilling machine market has been segmented into:
Electric Auger Drilling Machine
Hydraulic Auger Drilling Machine
Petrol based
Gasoline based
On the basis of mounting, the global auger drilling machine market has been segmented into:
Truck mounted auger
Handheld or portable auger
On the basis of application, the global auger drilling machine market has been segmented into:
Soil sampling
Drilling environmental test wells
Foundation repair
Wood drill
On the basis of end use, the global auger drilling machine market has been segmented into:
Construction
Oil and gas
Mining
Auger Drilling Machine Market: Regional Outlook
North America and Western Europe are key regions in the global auger drilling machine market. The manufacturers of auger drilling machines are mostly based in Germany, the U.K., Japan, the U.S. and Australia. The auger drilling machine market is expected to have a linear growth trend in Asian countries such as China, India, Indonesia and Japan. In the last decade, China witnessed major growth momentum in the auger drilling machine market, which can be attributed to the growth of the construction industry in the region.
The construction industry is driving the global auger drilling machine market and is expected to continue to do so over the forecast period. The mining industry is expected to witness a stable growth trend as the government regulations for mining operations have reduced greenfield and brownfield projects. Manufacturers of auger drilling machines are expected to focus on economies with major industrial growth such as those in South East Asia. Further, the creation of metro cities and investments in highways and railways will positively impact the adoption of auger drilling machines over the forecast period.
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Auger Drilling Machine Market: Market Participants
Some of the key market participants in the global auger drilling machine market are:
Andreas Stihl AG & Co. KG
Autoguide Equipment
Barbco Inc.
Champion Equipment
Charles Machine Works
DIGGA
EMDE Industrie-Technik GmbH
Herrenknecht AG
Hyundai Power Equipment.
Little Beaver, Inc.
Makita
Prime Hitech Engineering Limited
Terex Corporation
Vida XL International B.V.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
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Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
About Fact.MR
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