Deep Hole Drilling Machines Market Overview:
According to IMARC Group latest report titled “Deep Hole Drilling Machines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on deep hole drilling machines market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global deep hole drilling machines market reached a value of US$ 528 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 744.7 Million by 2027, exhibiting a CAGR of 4.8% during 2022-2027.
Deep hole drilling machines refer to mechanical equipment used for drilling holes with depth-to-diameter and precise holes. They work by pressing the rotating drill at the desired location and insert into the metal to generate a hole with the required diameter. They are specifically designed for manufacturing precise and straight drilled workpieces across numerous industries, including medical and surgical tools, automotive parts, and aerospace and defense parts.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global market is majorly driven by the growing product utilization to manufacture medical implants. Since medical implants are generally manufactured utilizing titanium and special surgical grade steel materials and possess high corrosion resistance and a high strength-to-weight ratio, this is positively influencing the adoption of deep hole drilling machines. Also, deep hole drilling machines facilitate the production of multi-speed transmissions with multiple off-center holes for hydraulic sequencing and lubrication is propelling the growth. In addition to this, the increasing utilization of deep hole drilling machines in the manufacturing of various automobile components, such as engine blocks, airbag propellant chambers, transmission shafts, and camshafts, is significantly supporting its demand. Other factors driving the market further include the growing adoption of deep hole drilling machines in several manufacturing processes and rapid industrialization, are also contributing to the market.
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Cheto Corporation SA
- Frankor Capital Corporation
- Galbiati Costruzioni Meccaniche S.r.l.
- Hochent(Shanghai)Machinery Development Co. Ltd.
- HONG JI PRECISION MACHINERY LTD
- M.S.A S.r.l
- Kays Engineering, Inc.
- Kennametal Inc.
- TIBO Tiefbohrtechnik GmbH
- UNISIG
Deep Hole Drilling Machines Market Segmentation:
Our report has categorized the market based on region, type, operation, business type and end-user industry.
Type:
- BTA Machines
- Gun Drilling Machines
- Skiving and Burnishing Machines
Operation:
- CNC
- Non-CNC
Business Type:
- Original Equipment Manufacturer (OEM)
- Aftermarket
End-user Industry:
- Oil and Gas
- Medical
- Automotive
- Construction and Mining
- Energy
- Aerospace
- Military and Defense
- Others
Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Deep Hole Drilling Machines Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 BTA Machines
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Gun Drilling Machines
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Skiving and Burnishing Machines
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Operation
7.1 CNC
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-CNC
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Business Type
8.1 Original Equipment Manufacturer (OEM)
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aftermarket
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End-user Industry
9.1 Oil and Gas
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Medical
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Construction and Mining
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Energy
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Aerospace
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Military and Defense
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
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