Diamond Core Drilling In Construction Market to Reach US$ 990 Mn by 2029-end | Hilti Corporation, Atlas Copco (India) Ltd

Diamond Core Drilling In Construction Market

Recording a CAGR of ~8% during the forecast period of 2019-2029, the global market for diamond core drilling in construction is estimated to reach a value of ~US$ 990 Mn by 2029-end.

Superior features and advantages of diamond core drilling in construction activities such as enhanced accuracy, light-weight & quieter operations, and low dust generations as compared to prevailing conventional drilling technologies are some of the key parameters offering significant impetus to the market growth. With increasing demand for tools with minimum operational complexities and high accuracy, the global market for diamond core drilling in construction is projected to witness robust growth in the coming years.

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The report on Diamond Core Drilling In Construction Market provided based on the recent developments and data that has been collated from the previous year's looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2030. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.

Key Companies-

• Hilti Corporation
• Atlas Copco (India) Ltd.
• WEKA Elektrowerkzeuge KG
• Robert Bosch GmbH
• Elektrowerkzeuge GmbH Eibenstock
• Milwaukee Tool
• Husqvarna AB
• Husqvarna AB
• Controls S.p.A.
• KERN-DEUDIAM Diamantwerkzeuge und Maschinen GmbH
• Shibuya Company, Ltd. and more

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Market Study on Diamond Core Drilling in Construction - Key Takeaways

• The Europe and East Asia markets for diamond core drilling in construction collectively accounted for half of the total revenue in 2018.
• The South Asian market is projected to record a CAGR of ~8% in the coming decade, given the rising demand for building & construction equipment for upcoming residential and commercial infrastructure projects.
• Rig operated diamond core drilling in construction is likely to account for relatively high sales in 2019 and beyond.
• Stitch drilling has been identified as the key drilling technique adopted by construction industry operators for their lower cost and power requirements.
• Although underwater drilling continues to witness slow adoption, it has been garnering traction for application in submerged conditions.

"Significant growth of the global market for diamond core drilling in construction has been weighing on a same scale as ongoing investments in infrastructural development across the globe. With cloud swirling around automation and digitalization of construction activities, market players are targeted towards modernized equipment, providing operational as well as cost efficiency," says the PMR analyst.

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Market Dynamics

Factors affecting Diamond Core Drilling In Construction Market have been studied in a detailed fashion to give a better understanding regarding the current status and the prospects. The various economic and demographic factors that influence the market have been presented in the study. The impact of important markers such as pricing, demand and supply, and population levels have been studied in this report. The forecast regarding Diamond Core Drilling In Construction Market extending up to the year 2030 has been provided based on the conclusions from the aforementioned factors.

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