Mining Drill Bits Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!
The global Mining Drill Bits market is expected to grow at a CAGR of 3.0% during the forecast period.
The global Mining Drill Bits market is estimated to be about 994.6 million US dollars in 2020.
The global Mining Drill Bits market is estimated to reach 1119.8 million USD by 2026.
The global Mining Drill Bits market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Mining Drill Bits market will be able to gain an advantage as they use reports as a powerful resource.
Mining Drill Bits markets by category
Rotary Bits
Fixed Cutter Bits
Roller Cone Bits
DTH Hammers Bits
Others
Mining Drill Bits Market by Application (Percentage of Demand)
Underground Drilling
Surface Drilling
Who are the leading companies in Mining Drill Bits
Brunner and Lay
Changsha Heijingang Industrial Co., Ltd
Caterpillar Inc.
Mitsubishi Materials Corporation
Epiroc AB
Rockmore International, Sandvik
Robit Plc
Xiamen Prodrill Equipment Co., Ltd.
Western Drilling Tools Inc
Mining Drill Bits markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Mining Drill Bits.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Mining Drill Bits Revenue and Growth Forecast 2014-2026
2.2 Global Mining Drill Bits Market Size and Growth Forecast 2014-2026
2.3 Global Mining Drill Bits Revenue by Region 2014-2026
2.4 Mining Drill Bits Market Share by Major Regions 2014-2021
2.5 Mining Drill Bits Gross Margin in Different Region 2014-2021
2.6 Global Mining Drill Bits Market History Price and Forecast 2014-2026
2.7 Global Mining Drill Bits Sales Market Share by Top Companies 2014-2021
3 Global Mining Drill Bits Market by Type
3.1 Global Mining Drill Bits Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Mining Drill Bits Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Mining Drill Bits Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Rotary Bits
3.4.2 Fixed Cutter Bits
3.4.3 Roller Cone Bits
3.4.4 DTH Hammers Bits
3.4.5 Others
4 Global Mining Drill Bits Market by Application
4.1 Global Mining Drill Bits Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Mining Drill Bits Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Underground Drilling
4.3.2 Surface Drilling
5 North America Mining Drill Bits Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Mining Drill Bits Value ($) from 2014-2021
5.2 North America Mining Drill Bits Market Size from 2014-2021
5.3 North America Mining Drill Bits Price Change from 2014-2021
5.4 North America Mining Drill Bits Import and Export from 2014-2021
5.5 North America Mining Drill Bits Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Mining Drill Bits Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Mining Drill Bits Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Mining Drill Bits Participants Value ($) and Market Share (%) in 2020
6 Europe Mining Drill Bits Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Mining Drill Bits Value ($) from 2014-2021
6.2 Europe Mining Drill Bits Market Size from 2014-2021
6.3 Europe Mining Drill Bits Price Change from 2014-2021
6.4 Europe Mining Drill Bits Import and Export from 2014-2021
6.5 Europe Mining Drill Bits Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Mining Drill Bits Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Mining Drill Bits Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Mining Drill Bits Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Mining Drill Bits Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Mining Drill Bits Value ($) from 2014-2021
7.2 Asia-Pacific Mining Drill Bits Market Size from 2014-2021
7.3 Asia-Pacific Mining Drill Bits Price Change from 2014-2021
7.4 Asia-Pacific Mining Drill Bits Import and Export from 2014-2021
7.5 Asia-Pacific Mining Drill Bits Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Mining Drill Bits Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Mining Drill Bits Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Mining Drill Bits Participants Value ($) and Market Share (%) in 2020
8 Latin America Mining Drill Bits Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Mining Drill Bits Value ($) from 2014-2021
8.2 Latin America Mining Drill Bits Market Size from 2014-2021
8.3 Latin America Mining Drill Bits Price Change from 2014-2021
8.4 Latin America Mining Drill Bits Import and Export from 2014-2021
8.5 Latin America Mining Drill Bits Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Mining Drill Bits Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Mining Drill Bits Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Mining Drill Bits Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Mining Drill Bits Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Mining Drill Bits Value ($) from 2014-2021
9.2 Middle East & Africa Mining Drill Bits Market Size from 2014-2021
9.3 Middle East & Africa Mining Drill Bits Price Change from 2014-2021
9.4 Middle East & Africa Mining Drill Bits Import and Export from 2014-2021
9.5 Middle East & Africa Mining Drill Bits Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Mining Drill Bits Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Mining Drill Bits Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Mining Drill Bits Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Brunner and Lay
10.1.1 Brunner and Lay Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Brunner and Lay Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Brunner and Lay Value and Growth Change from 2014-2021
10.1.4 Brunner and Lay Price Change from 2014-2021
10.1.5 Brunner and Lay Product Offered
10.2 Changsha Heijingang Industrial Co., Ltd
10.2.1 Changsha Heijingang Industrial Co., Ltd Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Changsha Heijingang Industrial Co., Ltd Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Changsha Heijingang Industrial Co., Ltd Value and Growth Change from 2014-2021
10.2.4 Changsha Heijingang Industrial Co., Ltd Price Change from 2014-2021
10.2.5 Changsha Heijingang Industrial Co., Ltd Product Offered
10.3 Caterpillar Inc.
10.3.1 Caterpillar Inc. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Caterpillar Inc. Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Caterpillar Inc. Value and Growth Change from 2014-2021
10.3.4 Caterpillar Inc. Price Change from 2014-2021
10.3.5 Caterpillar Inc. Product Offered
10.4 Mitsubishi Materials Corporation
10.4.1 Mitsubishi Materials Corporation Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Mitsubishi Materials Corporation Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 Mitsubishi Materials Corporation Value and Growth Change from 2014-2021
10.4.4 Mitsubishi Materials Corporation Price Change from 2014-2021
10.4.5 Mitsubishi Materials Corporation Product Offered
10.5 Epiroc AB
10.5.1 Epiroc AB Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Epiroc AB Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Epiroc AB Value and Growth Change from 2014-2021
10.5.4 Epiroc AB Price Change from 2014-2021
10.5.5 Epiroc AB Product Offered
10.6 Rockmore International, Sandvik
10.6.1 Rockmore International, Sandvik Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Rockmore International, Sandvik Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Rockmore International, Sandvik Value and Growth Change from 2014-2021
10.6.4 Rockmore International, Sandvik Price Change from 2014-2021
10.6.5 Rockmore International, Sandvik Product Offered
10.7 Robit Plc
10.7.1 Robit Plc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Robit Plc Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Robit Plc Value and Growth Change from 2014-2021
10.7.4 Robit Plc Price Change from 2014-2021
10.7.5 Robit Plc Product Offered
10.8 Xiamen Prodrill Equipment Co., Ltd.
10.8.1 Xiamen Prodrill Equipment Co., Ltd. Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Xiamen Prodrill Equipment Co., Ltd. Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Xiamen Prodrill Equipment Co., Ltd. Value and Growth Change from 2014-2021
10.8.4 Xiamen Prodrill Equipment Co., Ltd. Price Change from 2014-2021
10.8.5 Xiamen Prodrill Equipment Co., Ltd. Product Offered
10.9 Western Drilling Tools Inc
10.9.1 Western Drilling Tools Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 Western Drilling Tools Inc Sales, Value, Gross and Gross Margin from 2014-2021
10.9.3 Western Drilling Tools Inc Value and Growth Change from 2014-2021
10.9.4 Western Drilling Tools Inc Price Change from 2014-2021
10.9.5 Western Drilling Tools Inc Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Mining Drill Bits by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Mining Drill Bits Market from 2020-2026
12.1 Future Forecast of Global Mining Drill Bits Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Mining Drill Bits Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Mining Drill Bits Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Research Methodology:
Mining Drill Bits Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|