Mining Drilling Services Market Key Trends And Forecast Report 2023-2032

The Mining Drilling Services Global Market Report 2023, provides comprehensive information on the mining drilling services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Mining Drilling Services Global Market Report 2023, the global mining drilling services market is expected to grow from $2.64 billion in 2022 to $2.85 billion in 2023 at a compound annual growth rate (CAGR) of 8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global mining drilling services market is expected to grow to $3.73 billion in 2027 at a CAGR of 6.9%.

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Technological advancement is a key trend gaining popularity in the mining drilling services market. Major companies operating in the mining drilling services market are focused on developing new technological solutions to strengthen their position in the market. For instance, in July 2021, Perenti, an Australia-based company operating in mining drilling services, launched idoba, a new technology-driven service offering for the mining industry, that leverages in-house technology and data expertise to add value to the global mining services activities. The idoba technology is the culmination of Perenti’s strategic technological growth which, in addition to supporting the Perenti business, would provide digital product and technology services to clients with revenue and earnings that are generated from these services.

The mining drilling services market is segmented:

1) By Type: Surface Mining, Underground Mining

2) By Application: Metal, Coal, Mineral, Quarry

3) By End-User: Construction, Manufacturing, Technology Industries

Top Major Players:
Action Drill & Blast
Ausdrill
BoartLongyear
Byrnecut Mining Pty. Ltd.
PT United Tractors Tbk

Asia-Pacific was the largest region in the mining drilling services market in 2022.

The table of contents in TBRC’s mining drilling services market report includes:

1. Executive Summary
2. Mining Drilling Services Market Characteristics
3. Mining Drilling Services Market Trends And Strategies
4. Mining Drilling Services Market – Macro Economic Scenario
5. Mining Drilling Services Market Size And Growth
…………………………………………………………..
26. Africa Mining Drilling Services Market
27. Mining Drilling Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Mining Drilling Services Market
29. Mining Drilling Services Market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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