The global Air Core Drilling market was valued at 1131.2 Million USD in 2021 and will grow with a CAGR of 4.14% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Air core drilling is a well-known and widely used method when it comes to soft rock and soil formations that don`t need heavy machinery in order to drill through to the desired depth. The standout feature of this drilling method is that it makes use of three blades that cut into the earth.North America was the leading region and accounted for 35.2% of the total industry. The regional market is characterized by technological advancements and increasing requirement for efficient drilling techniques for regolith and loose soil hydrocarbon regions. Surging energy requirements in the region, especially in the U.S., is pushing industry participants to explore unconventional reserves. This is estimated to drive the industry growth in the region over the forecast period.

By Market Verdors:

Schlumberger

Halliburton

GE(Baker Hughes)

Weatherford

Atlas Copco.

Allis Chalmers

Harlsan

San Antonio Global

Tesco

Premier

AusDrill

Master Drilling

Chicago Pneumatic

Brown Bros.

By Types:

Dust Drilling

Mist Drilling

Foam Drilling

Aerated Fluid Drilling

Nitrogen Membrane Drilling

By Applications:

Oil & Gas

Mining

Construction

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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