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Mining Drills And Breakers Market Analysis | 2026-2031
Mining Drills And Breakers Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2026-2031
The mining drills and breakers market was estimated at USD 18.5 billion in 2025 and is likely to grow at a CAGR of 6.5% during 2026-2031 to reach USD 27.1 billion in 2031.
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Mining drills and breakers are equipment that are employed to drill the earth’s surface for mining operations. Mining drills and breakers are used in the mining industry to extract minerals or metals.
Major factors such as increasing metal and mineral exploration activities, particularly in emerging economies, are expected to drive the growth of the market. Furthermore, increasing demand for smart mining solutions is expected to fuel the market growth during the forecast period.
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Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
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Product Type Analysis |
Rotary Drills, Crawler Drills, Rock Breakers, Hydraulic Breakers, and Others [Wagon Drills and Pneumatic Breakers] |
Rock breakers are expected to account for the lion's share of the market during the forecast period. |
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Application Type Analysis |
Metal Mining, Mineral Mining, and Coal Mining |
The metal mining application segment is expected to be dominant during the forecast period due to increasing demand for metals from various industries. |
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Regional Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
Asia-Pacific is estimated to be the leading region in the market during the forecast period. |
Based on the product type, the market is segmented as rotary drills, crawler drills, rock breakers, hydraulic breakers, and others. Rock breakers are expected to account for the lion's share of the market during the forecast period due to increased mining activities and rising demand for excavators and backhoe loaders. Furthermore, breakers with improved in-built operational features deliver safety and productivity, thereby bolstering the demand for rock breakers.
Based on the application type, the market is segmented as metal mining, mineral mining, and coal mining. The metal mining application segment is expected to be dominant during the forecast period due to increasing demand for metals from various industries. Furthermore, growing demand for automobiles, increasing gold mining activities, rising infrastructure development, and the availability of mining equipment on rent are expected to drive the market growth during the forecast period.
In terms of regions, Asia-Pacific is estimated to be the leading region in the market during the forecast period. The region's market is growing as a result of the economic development as well as growth in the building and construction sector. Furthermore, increasing automation of construction and mining processes, as well as increasing government focus on exploration activities in the emerging economies such as China and India, is expected to fuel the growth of the market during the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Some of the key players in the mining drills and breakers market are:
Note: The above list does not necessarily include all the top players in the market.
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s flight management systems market realities and future market possibilities for the forecast period of 2025 to 2030. After a continuous interest in our flight management systems market report from the industry stakeholders, we have tried to further accentuate our research scope to the flight management systems market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The mining drills and breakers market is segmented into the following categories:
By Product Type
By Application Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Market Segmentation
Current market segmentation by any one of the product types by application type.
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected].
Mining drills and breakers are equipment that are employed to drill the earth’s surface for mining operations. Mining drills and breakers are used in the mining industry to extract minerals or metals.
The mining drills and breakers market was estimated at USD 18.5 billion in 2025.
The forecasted value of the mining drills and breakers market is expected to be USD 27.1 billion in 2031.
The mining drills and breakers market is likely to grow at a CAGR of 6.5% during 2026-2031.
Some of the key players in the market are Atlas Copco AB, Boart Longyear Ltd., Cabo Drilling Corp., Caterpillar, Inc., Energold Drilling Corp., Geodrill Limited, Hitachi Construction Machinery Co. Ltd., Komatsu Ltd., Metso Corporation, and Sandvik AB.
Asia-Pacific is estimated to be the leading region in the market during the forecast period.
The metal mining application segment is expected to be dominant during the forecast period due to increasing demand for metals from various industries.
Major factors such as increasing metal and mineral exploration activities, particularly in emerging economies, are expected to drive the growth of the market. Furthermore, increasing demand for smart mining solutions is expected to fuel the market growth during the forecast period.
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