Mining Drills & Breakers Market To Reach $25,310.0 Million By 2030

Mining Drills & Breakers Market Growth & Trends

The global mining drills & breakers market size is estimated to reach USD 25,310.0 million by 2030, registering to grow at a CAGR of 6.6% from 2025 to 2030 according to a new report by Grand View Research, Inc. Factors such as changes in manufacturing techniques, including the development of infrared, sonic, and optical micro cameras, to measure parameters in a borehole; development of high-performance drill heads and core bits have increased the feasibility of the mining equipment, thereby propelling the industry growth.

The increase in demand for underground mining equipment owing to proactive changes in energy efficiency regulations by various governments across the globe is contributing to industry growth. Mining solutions based on the ongoing requirements for energy efficiency, improved safety, and reduced environmental impact are expected to positively affect industry growth.

The growing focus of consumers on their core processes and the increasing demand for services are contributing to the growth of mining drills and breakers market. Additionally, automation has gained prominence in the industrial manufacturing and process industries, which is leading to reliable product quality, effective processes, and high production volume. In an attempt to increase efficiency, drilling contractors are also seeking to automate their process with the help of remote controlling, automation, and robotics.

Furthermore, mining companies are focusing on improving their safety and environmental records, transferring the standards governing these aspects of production to the equipment suppliers. These changes are expected to enhance productivity and the quality of drills & breakers. Mine operators are seeking opportunities for equipment that can operate in remote, deeper mines and efficiently handle the declining ore grades, thereby placing emphasis on availability, enhanced productivity, and cost optimization.

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Mining Drills & Breakers Market Report Highlights

• The rock breaker segment holds a substantial share of over 25% in 2024, in the mining drills and breakers market, driven by its versatility and effectiveness in breaking large rocks into manageable sizes in mining operations.

• The metal mining segment holds a high share in the mining drills and breakers market due to the rising demand for metals used in construction, manufacturing, and technology industries.

• The North American mining drills and breakers market will witness a CAGR of over 6% in 2024, due to the region's extensive mineral resource base, especially in the U.S. and Canada, where large mining operations require heavy-duty equipment.

Mining Drills & Breakers Market Segmentation

Grand View Research has segmented the global mining drills & breakers market based on product, application, and region:

Mining Drills & Breakers Product Outlook (Revenue, USD Million, 2018 - 2030)

• Rotary Drills

• Crawler Drills

• Rock Breaker

• Hydraulic Breakers

• Others

Mining Drills & Breakers Application Outlook (Revenue, USD Million, 2018 - 2030)

• Metal Mining

• Mineral Mining

• Coal Mining

Mining Drills & Breakers Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • ANZ

• South America

  • Brazil

• Middle East & Africa

  • KSA

  • UAE

  • South Africa

List of Key Players in Mining Drills & Breakers Market

• Atlas Copco AB

• Boart Longyear Ltd.

• Cabo Drilling Corp.

• Caterpillar, Inc.

• Energold Drilling Corp.

• FLSmidth & Co. A/S

• Geodrill Limited

• Hitachi Construction Machinery Co. Ltd

• Komatsu Ltd.

• Metso Corporation