Global Drum Drill Market Growth 2025-2031

The global Drum Drill market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A barrel drill is a tool used for drilling and mining underground, usually made of metal. Its industry definition includes tools used in geological exploration, mineral development, oil drilling, foundation engineering and construction engineering. Drum drills rotate and propel to drill or sample rock, soil, or other materials underground.

As global engineering construction and resource development continue to advance, the demand for drum drills, one of the basic tools, will continue to grow steadily. Especially with the increased demand for mineral resource exploration and the increased demand for utilization of underground space, the barrel drill market is expected to further develop and expand.

LP Information, Inc. (LPI) ' newest research report, the “Drum Drill Industry Forecast” looks at past sales and reviews total world Drum Drill sales in 2024, providing a comprehensive analysis by region and market sector of projected Drum Drill sales for 2025 through 2031. With Drum Drill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drum Drill industry.

This Insight Report provides a comprehensive analysis of the global Drum Drill landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Drum Drill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Drum Drill market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drum Drill and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drum Drill.

This report presents a comprehensive overview, market shares, and growth opportunities of Drum Drill market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Pick Barrel Drill
Cone Drill

Segmentation by Application:
Mineral Exploration and Development
Water Conservancy Project Construction
Building Engineering Construction
Oil and Gas Exploration and Development

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sandvik
Atlas Copco
Hejian Feilong Ruituo Drill Bit Manufacturing Co., Ltd.
Boart Longyear
Caterpillar Inc.
Changsha Heijingang Industrial Co., Ltd.
Epiroc AB
Liebherr Group
Komatsu Ltd.
Metso Outotec
Bucyrus International
Joy Global
Soilmec
Schramm, Inc.
Ditch Witch
Vermeer Corporation
Drillmec
Beijing Ouzuan Technology Co., Ltd.
Jiangsu Yunguo Machinery Equipment Manufacturing Co., Ltd.
Changsha Jinzuan Machinery Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Drum Drill market?

What factors are driving Drum Drill market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Drum Drill market opportunities vary by end market size?

How does Drum Drill break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.