Raise Boring Rig Market

A raise borer is a machine used in underground mining, to excavate a circular hole between two levels of a mine without the use of explosives. Raise boring provides a safe means of excavating a circular hole between two levels of a mine without the use of explosives. A raise boring machine is set on a platform on the upper level to drill a small hole, known as the pilot hole, through to the cavity below. Once the drill has broken through, the pilot bit is removed and is replaced by a reamer head, of the desired diameter of the shaft, which is rotated and raised back toward the raise boring machine. The drill cuttings from the reamer head fall to the bottom of the hole and the reaming process creates a cylindrical hole with smooth walls.

Raise Boring Rig Market contains market size and forecasts of Raise Boring Rig in global, including the following market information:

Global Raise Boring Rig Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Raise Boring Rig Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Raise Boring Rig companies in 2021 (%)

The global Raise Boring Rig market was valued at 170.6 million in 2021 and is projected to reach US$ 197.4 million by 2028, at a CAGR of 2.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Raise-boring Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Raise Boring Rig include Epiroc, Herrenknecht, TRB-Raise Borers, Palmieri Group, Terratec, Stu Blattner, Changzhou Liding Colliery Machinery, Chuangyuan High-Tech Machinery and Jining Zhuoli Industrial Equipment and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Raise Boring Rig manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Raise Boring Rig Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Raise Boring Rig Market Segment Percentages, by Type, 2021 (%)

Raise-boring

Down-reaming

Box-holing

Global Raise Boring Rig Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Raise Boring Rig Market Segment Percentages, by Application, 2021 (%)

Underground Mining Industry

Hydropower Project

Civil Construction Industry

Others

Global Raise Boring Rig Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Raise Boring Rig Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Raise Boring Rig revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Raise Boring Rig revenues share in global market, 2021 (%)

Key companies Raise Boring Rig sales in global market, 2017-2022 (Estimated), (Units)

Key companies Raise Boring Rig sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Epiroc

Herrenknecht

TRB-Raise Borers

Palmieri Group

Terratec

Stu Blattner

Changzhou Liding Colliery Machinery

Chuangyuan High-Tech Machinery

Jining Zhuoli Industrial Equipment

KAMA Co.