Global Deep Hole Drilling Machines Market
The global deep hole drilling machines market size was valued at $611.1 million in 2019 and is projected to reach $784.1 million by 2027, registering a CAGR of 6.2% from 2020 to 2027.
A deep hole drilling machine is a piece of mechanical equipment that is used to drill deep and precise holes in metals. The machine comprises of a cutting tool, or drill, that is inserted into the spindle internal taper and can be used on metals such as alloy and stainless steel, aluminium, titanium, cast iron, and copper alloys. The rotating drill is pressed into the metal and inserted at the correct spot to create a hole of the required diameter. It's mostly utilised to make workpieces that are straight and accurately drilled. Multi-speed gearboxes with several off-center holes for hydraulic sequencing and lubrication are made possible by this equipment.
Drivers: Due to increased consumer awareness and the deployment of different novel goods, the medical implants market is rapidly expanding. Furthermore, in order to minimise the costs of these devices, leading orthopaedic device makers are focusing on the commoditization of devices, equipment, and delivery systems. This boosts demand for deep hole drilling machines, propelling the market forward.
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Restraints: However, the deep hole drilling machines market is projected to be hampered by a shortage of experienced workers and often varying raw material prices.
Impact of Covid-19
Due to a halt in international trade, protracted lockdowns, and ceased industrial processes, the COVID-19 pandemic has had a detrimental impact on the deep hole drilling equipment market. Furthermore, major end-user companies in countries like as the United States, China, Germany, and the United Kingdom are suffering financial losses as a result of the production standstill, which is expected to stymie the expansion of the deep hole drilling machines market in 2020.
Segmentation By Type: Global Deep Hole Drilling Machines Market is classified on the basis Type into BTA Machines, Gun Drilling Machines, and Skiving & Burnishing Machines.
Segmentation By Operation: Global Deep Hole Drilling Machines Market is classified on the basis of Operation into CNC and Non-CNC.
Segmentation By End-user Industry: Global Deep Hole Drilling Machines Market is classified on the basis of End-user Industry into Oil & Gas, Medical, Automotive, Construction & Mining Equipment, Energy, Die & Mold, Aerospace, Heat Exchanger Tube Sheet, Military & Defense, and Others.
Segmentation By Business Type: Global Deep Hole Drilling Machines Market is classified on the basis of Business Type into Original Equipment Manufacturer (OEM) and Aftermarket.
Segmentation By Region: Global Deep Hole Drilling Machines Market is classified on the basis Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape: The key players of Global Deep Hole Drilling Machines Market are Cheto Corporation SA, Frankor Capital Corporation, Galbiati Costruzioni Meccaniche S.r.l., Hochent(Shanghai)Machinery Development Co. Ltd., HONG JI PRECISION MACHINERY LTD., I.M.S.A S.r.l, Kays Engineering, Inc., Kennametal Inc., TIBO Tiefbohrtechnik GmbH and UNISIG.
Industrial Developments
Market Taxonomy
By Type
By Operation
By End-user Industry
By Business Type
By Region
Key Questions Addressed by the Report
Global Deep Hole Drilling Machines Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Deep Hole Drilling Machines Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Deep Hole Drilling Machines Market Share Analysis, By Type
5.3 Deep Hole Drilling Machines Market Size and Forecast, By Type
5.3.1 BTA Machines
5.3.2 Gun Drilling Machines
5.3.3 Skiving & Burnishing Machines
6. Global Deep Hole Drilling Machines Market, By Operation
6.1 Y-o-Y Growth Comparison, By Operation
6.2 Deep Hole Drilling Machines Market Share Analysis, By Operation
6.3 Deep Hole Drilling Machines Market Size and Forecast, By Operation
6.3.1 CNC
6.3.2 Non-CNC
7. Global Deep Hole Drilling Machines Market, By End-user Industry
7.1 Y-o-Y Growth Comparison, By End-user Industry
7.2 Deep Hole Drilling Machines Market Share Analysis, By End-user Industry
7.3 Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
7.3.1 Oil & Gas
7.3.2 Medical
7.3.3 Automotive
7.3.4 Construction & Mining Equipment
7.3.5 Energy
7.3.6 Die & Mold
7.3.7 Aerospace
7.3.8 Heat Exchanger Tube Sheet
7.3.9 Military & Defense
7.3.10 Others
8. Global Deep Hole Drilling Machines Market, By Business Type
8.1 Y-o-Y Growth Comparison, By Business Type
8.2 Deep Hole Drilling Machines Market Share Analysis, By Business Type
8.3 Deep Hole Drilling Machines Market Size and Forecast, By Business Type
8.3.1 Original Equipment Manufacturer (OEM)
8.3.2 Aftermarket
9. Global Deep Hole Drilling Machines Market, By Region
9.1 Deep Hole Drilling Machines Market Share Analysis, By Region
9.2 Deep Hole Drilling Machines Market Size and Forecast, By Region
9.3 Deep Hole Drilling Machines Market Size and Forecast, By Region
10. North America Deep Hole Drilling Machines Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 North America Deep Hole Drilling Machines Market Share Analysis, By Type
10.3 North America Deep Hole Drilling Machines Market Size and Forecast, By Operation
10.4 North America Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
10.5 North America Deep Hole Drilling Machines Market Size and Forecast, By Business Type
10.6 North America Deep Hole Drilling Machines Market Size and Forecast, By Geography
10.6.1 US
10.6.2 Canada
11. Europe Deep Hole Drilling Machines Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Europe Deep Hole Drilling Machines Market Share Analysis, By Type
11.3 Europe Deep Hole Drilling Machines Market Size and Forecast, By Operation
11.4 Europe Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
11.5 Europe Deep Hole Drilling Machines Market Size and Forecast, By Business Type
11.6 Europe Deep Hole Drilling Machines Market Size and Forecast, By Country
11.6.1 UK
11.6.2 Germany
11.6.3 France
11.6.4 Italy
11.6.5 Spain
11.6.6 Netherland
12. Asia Pacific Deep Hole Drilling Machines Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Asia Pacific Deep Hole Drilling Machines Market Share Analysis, By Type
12.3 Asia Pacific Deep Hole Drilling Machines Market Size and Forecast, By Operation
12.4 Asia Pacific Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
12.5 Asia Pacific Deep Hole Drilling Machines Market Size and Forecast, By Business Type
12.6 Asia Pacific Deep Hole Drilling Machines Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Australia
13. Latin America Deep Hole Drilling Machines Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Latin America Deep Hole Drilling Machines Market Share Analysis, By Type
13.3 Latin America Deep Hole Drilling Machines Market Size and Forecast, By Operation
13.4 Latin America Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
13.5 Latin America Deep Hole Drilling Machines Market Size and Forecast, By Business Type
13.6 Latin America Deep Hole Drilling Machines Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Deep Hole Drilling Machines Market Analysis and Forecast (2021-2027)
14.1 Introduction
14.2 Middle East Deep Hole Drilling Machines Market Share Analysis, By Type
14.3 Middle East Deep Hole Drilling Machines Market Size and Forecast, By Operation
14.4 Middle East Deep Hole Drilling Machines Market Size and Forecast, By End-user Industry
14.5 Middle East Deep Hole Drilling Machines Market Size and Forecast, By Business Type
14.6 Middle East Deep Hole Drilling Machines Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16. Company Profiles
16.1 Cheto Corporation SA
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Frankor Capital Corporation
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Galbiati Costruzioni Meccaniche S.r.l.
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Hochent(Shanghai)Machinery Development Co. Ltd.
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 HONG JI PRECISION MACHINERY LTD.
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategie
16.6 I.M.S.A S.r.l
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Kays Engineering, Inc.
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies