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Crawler Drilling Machine Market : Value Chain, Dynamics and Key
Players (2017-2027)
June 2017
Report Id : REP-GB-3921
Status : Ongoing
Category : Industrial Automation and
Equipment
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Reserved
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Crawler Drilling Machine Market
Drilling machine or also familiar as drill presses, are used for basically drilling of
different sized holes in a variety of materials at many different depths. Drilling
machine is an essential tool for performing many types of industrial jobs. Crawling
drilling machine are a type of drilling machine which are mounted on chain mounted
crawler vehicle which enables it to travel through any terrain and perform critical
operation such as drilling on any surface. Crawling drilling machine has ease out
various critical operations in construction business by carrying out such operations
which are next to impossible for human. Crawling machine consist of sturdy
structural channel reinforced with suitable cross members strong enough to
withstand high drilling loads. The Boom is provided with a heavy duty lift and swing
cylinders to provide rigidity while drilling.
Crawler Drilling Machine Market: Market Dynamics and Restraints
Construction activities has been growing with increase in population and demand of
better connectivity, communication & transportation. Hydro power projects, oil
caverns, underground tunnel, tunnel through hills are few of the achievements by
human civilization in 21st century. Such mighty projects have not been possible with
bare hands of human. Crawler drilling machine are extensively used in excavation of
hydro power tunnel, rail road tunnels etc. There has been an implementation of a
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Crawler Drilling Machine Market
new process or method of drilling for oil extraction, the term has been coined as HDD
(Horizontal Directional Drilling). For HDD process across the globe crawler drilling
machine is the only type of machine which performs the drilling process for crude oil
extraction.
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This are few of the prominent market drivers which will be fuelling the crawler
drilling market over the forecast period.
Excavation and extraction of earth as well as minerals will be always there till the
existence of human being without any alternative technology with more cost
efficiency there is least of any restraint for the growth of crawler drilling machine
market.
Crawler Drilling Machine Market: Market Segmentation
The global Crawler Drilling Machine market is segmented based on
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Crawler Drilling Machine Market
Based on the system, Crawler Drilling Machine market is segmented into:
Hydraulic Crawler Drills
Pneumatic Crawler Drills
Based on its applications, Crawler Drilling Machine market is segmented into:
Oil & Gas
Hydro Power
Civil Construction
Others
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Crawler Drilling Machine Market: Regional Outlook
Regarding geography, the global crawler drilling machine market has been
categorized into seven key regions including North and Latin America, Eastern
Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East &
Africa. The crawler drilling machine market is globally expected to register healthy
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Crawler Drilling Machine Market
CAGR during the forecast period. Regarding value and volume, Western Europe is the
largest market in the Crawler Drilling Machine; this is because of the countries
including such as Norway, Switzerland etc. are carrying rapid construction projects
such as railway tunnels, hydro power construction etc. Due to increase in such
activities the use of crawler drilling machine has gone high. Next to Western Europe,
North America is the other leading region which is showing tremendous growth in the
crawler drilling market this is because of the reason alike of Western Europe as well
as due to other factors such as increase in oil & gas extraction activities. APEJ is also
a prominent market for crawling receiver dryer as countries m in this region is well
inundated with various resources which are now being constantly exploited.
Moreover APEJ is undergoing a rapid transformation with boost in economy which will
further bolster the crawler drilling market. MEA & Latin America both these region
has been witnessing a growth in oil & gas industries which is expected to fuel the
demand of crawler drilling machine market in these region.
Crawler Drilling Machine Market: Key players
Crawler Drilling Machine market has limited global players, some of the major
stakeholders among them include
Jupiter Rock Drills
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Crawler Drilling Machine Market
Sandvik AB
Atlas Copco AB
Caterpillar
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