Latin America Mining Drills Breakers Market Size & Outlook

The mining drills breakers market in Latin America is expected to reach a projected revenue of US$ 1,703.4 million by 2030. A compound annual growth rate of 5.3% is expected of Latin America mining drills breakers market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,250.7
Forecast, 2030 (US$M)
$1,703.4
CAGR, 2025 - 2030
5.3%
Report Coverage
Latin America

Latin America mining drills breakers market, 2018-2030 (US$M)

Latin
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Latin America mining drills breakers market highlights

  • The Latin America mining drills breakers market generated a revenue of USD 1,250.7 million in 2024.
  • The market is expected to grow at a CAGR of 5.3% from 2025 to 2030.
  • In terms of segment, rotary drills was the largest revenue generating product in 2024.
  • Rotary Drills is the most lucrative product segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2024USD 1,250.7 million
Market revenue in 2030USD 1,703.4 million
Growth rate5.3% (CAGR from 2024 to 2030)
Largest segmentRotary drills
Fastest growing segmentRotary Drills
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRotary Drills
Key market players worldwideKomatsu Ltd, Caterpillar Inc, Sandvik AB, Atlas Copco AB ADR


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.1% of the global mining drills breakers market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 18,035.9 million by 2030.

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Mining drills breakers Market Scope

Mining drills breakers market segmentation & scope
Rotary Drills
Crawler Drills
Hydraulic Breakers
Others
Application
Metal Mining
Mineral Mining
Coal Mining
Countries
Canada
Mexico
U.S.
Germany
UK
France
China
India
Japan
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE

Mining drills breakers Market Companies

Name Profile # Employees HQ Website

Latin America mining drills breakers market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mining drills breakers market will help companies and investors design strategic landscapes.


Rotary drills was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Latin America mining drills breakers market based on rotary drills covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of mining drills breakers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America mining drills breakers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mining drills breakers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America mining drills breakers market

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