Global Mining Drilling Tools Market Growth 2025-2031

The global Mining Drilling Tools market size is predicted to grow from US$ 6873 million in 2025 to US$ 8068 million in 2031; it is expected to grow at a CAGR of 2.7% from 2025 to 2031.

The DTH (Down-the-Hole) hammers, top hammer drills, and tricone bit drilling tools for mining are important drilling tools used in mining, geological exploration, and tunnel construction. The main drilling tools include drill bits, drill rods, and shank adapters.

This report presents statistics on DTH (down-the-hole hammer), top hammer drills, and tricone bit drilling tools used in mining.

United States market for Mining Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Mining Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Mining Drilling Tools is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Mining Drilling Tools players cover Sandvik, Boart Longyear, Mitsubishi Materials, FURUKAWA ROCK DRILL, Robit, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

This Insight Report provides a comprehensive analysis of the global Mining Drilling Tools 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 Mining Drilling Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Mining Drilling Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mining Drilling Tools 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 Mining Drilling Tools.

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

Segmentation by Type:
Drilling Bits
Drilling Rods
Shank Adaptors
Others

Segmentation by Application:
DTH Drilling
Top Hammer Drilling
Tricone Drilling

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
Boart Longyear
Mitsubishi Materials
FURUKAWA ROCK DRILL
Robit
Schlumberger
Baker Hughes
Halliburton
NOV
Jiangzuan Petroleum Machinery
Varel Energy Solutions
Epiroc
Volgaburmash
Shareate Tools
Mincon Group
CENERG GLOBAL TOOLS
Feilong Retop
Jiangxi Feilong Rock Bit Manufacture
Brunner & Lay
Rockmore International
Halco Rock Tools
Drill King
Center Rock

Key Questions Addressed in this Report

What is the 10-year outlook for the global Mining Drilling Tools market?

What factors are driving Mining Drilling Tools market growth, globally and by region?

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

How do Mining Drilling Tools market opportunities vary by end market size?

How does Mining Drilling Tools break out by Type, by Application?

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