Global Construction Industry Core Drill Market

Construction Industry Core Drill Market Size, Share, Growth Analysis, By Type(Wet drill bit and Dry drill bit), By Application(Electricians and Plumbers), By Region - Industry Forecast 2024-2031


Report ID: SQMIG20B2016 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 59 | Figures: 75

Construction Industry Core Drill Market Dynamics

Driver

Increasing urbanization and construction across the globe

  • Increasing urbanization and construction across the globe are driving factors of growth of global construction industry core drill market. Core drills require low maintenance cost, can be easily handle. Drilling machines are highly portable, they can be moved from one place to another place. Rapid innovations and repair existing constructions increases the growth of global construction core drill market.

Restraint

High price of the core drill machines high price of the core drill machines

  • The high price of core drill machines is major factor that hamper the growth of global construction core drill market. Some core drill machines have strong kickback. Core drill gives physical injury when the person is not well trained. This factor also hamper the growth of global construction core drill market.
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FAQs

Construction Industry Core Drill Market size was valued at USD 1.12 billion in 2022 and is poised to grow from USD 1.16 billion in 2023 to USD 1.60 billion by 2031, growing at a CAGR of 3.80% during the forecast period (2024-2031).

To understand the competitive landscape, we are analyzing key Construction Industry Core Drill Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Construction Industry Core Drill Market market. 'Hilti', 'Husqvarna AB', 'Tyrolit', 'Robert Bosch Tool Corporation', 'Atlas Copco', 'Makita Corporation', 'Pentruder AB', 'Weka Elektrowerkzeuge', 'Shinhan Diamond Industrial Co., Ltd.', 'Cedima', 'Diamond Products Limited', 'CS Unitec', 'Kor-it Inc.', 'Cardi Corporation', 'Dixie Diamond Manufacturing Inc.', 'Golz', 'Norton Clipper', 'Multiquip Inc.', 'Diamond Vantage', 'Typhoon Diamond Tools Inc.'

Increasing urbanization and construction across the globe are driving factors of growth of construction industry core drill market. Core drills require low maintenance cost, can be easily handle. Drilling machines are highly portable, they can be moved from one place to another place. Rapid innovations and repair existing constructions increases the growth of construction core drill market.

Major projects to drill exploratory wells for their mineral formations are providing huge growth opportunities to the core drilling market, such activities are expected to grow with increasing energy needs. For example: There are more than 65,000 oil and gas fields of all sizes in the world. Further, the construction market is expected to drive the core drilling market during the analysed period.

Construction Industry Core Drill Market is being analysed by North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA) regions. Key countries including the U.S., Canada, Germany, France, the UK, Italy, Spain, China, India, Japan, Brazil, GCC Countries, and South Africa among others were analysed considering various micro and macro trends.

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Global Construction Industry Core Drill Market

Report ID: SQMIG20B2016

$5,300
BUY NOW GET FREE SAMPLE