Future Scope of Roadheader Market 2019 | Estimated to Grow CAGR Rapidly |Foreseen till 2023 - Sandvik, SANY GROUP, XCMG, Antraquip
Global Roadheader Market overview:
According to the report, Global Roadheader Market was valued at approximately USD 290.0 Million in 2018 and is expected to generate revenue of around USD 350.0 Million by end of 2023.
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Roadheader machine are popularly used in the construction industry as self-forced, Advance, and enormously influential rock cutting machines that can help in excavation of Tunnels, Roadways, Tunnels and Compartments. These machines are also popular as Roadheader Machines, Boom-type Roadheader, or header machines. Their extensive use in mineral mining, coal mining, and underground construction projects make them crucial for excavation, and hence are highly valued for safety and environment. The environmental factor in excavation process is due to these Roadheader being powered electro hydraulically, which help them produce no fumes at site.
The Global Roadheader Market is segmented on the basis of Product Type, End use Industry and Region. On the Basis of Product Type segment, the Roadheader Market is sub segmented into Cutting Power 300 kW. Based on End use Industry segment, the Roadheader Market is sub segmented into Coal Mine, Roadway Development, Rock.
In terms of the geographic analysis, APAC region, and rise in underground parking system in residential and commercial buildings fuel the growth of the Roadheader Market. However, expensive pricing and long process in approval of new mining projects are few factors that affect the growth of the market.
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Latest Industry Updates:
Antraquip:-The production goal for the contractor was to lay five 20 ft length sections of pipe per five-day work week. The site required a trench to be dug through very dense limestone rated between 16,000 and 22,000psi. The contractor tried many other conventional trenching methods, but none of them were able to keep up with production goals and keep project costs in line with the budget. For example, while using a hydraulic breaker, they struggled to lay one 20 ft length of 36 in diameter pipe in a week, far short of the five sections goal required.
Antraquip Site Analysis and Proposal. The contractor reached out to Antraquip’s local dealer in Tennessee in search of a better solution for their trenching challenge.
After a site inspection by local dealer and Antraquip factory personnel, a production and cost proposal were presented to the contractor. The proposal was made to do a trial with an AQ4XL hydraulic rock cutter mounted on a Kobelco SK350 LC excavator. The proposal included guaranteed production of no less than 200+ ft of 20’ pipe (10 sections) in five-day work week (double the contractor’s initial production goal).
Some of the major players that operate in the Global Roadheader Market are Sandvik, SANY GROUP, XCMG, Antraquip, BBM Group, Famur, Sunward, Mitsui Miike Machinery, DHMS, MSB Schmittwerke.
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Table of Contents:
Global Roadheader Market Report 2019
1 Roadheader Definition
2 Global Roadheader Market Major Player Share and Market Overview
3 Major Player Roadheader Business Introduction
4 Global Roadheader Market Segmentation (Region Level)
5 Global Roadheader Market Segmentation (Product Type Level)
6 Global Roadheader Market Segmentation (Industry Level)
7 Global Roadheader Market Segmentation (Channel Level)
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