Auger Drilling Market Valued at USD 1.89 Billion in 2022, Set for Strong Growth with an 9.56% CAGR Until 2028

Posted by TechSci Research on March 22nd, 2024

The Global Auger Drilling Market is poised for growth due to increased investment in the construction industry throughout the forecast period.

TechSci Research report "Auger Drilling Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028," the market is expected to witness robust growth driven by expansion in the automotive and airline industries, alongside increased construction activities worldwide. Auger drilling machines are extensively used across various sectors, including construction, mining, and railways. They are utilized for environmental and geotechnical sampling, sewer line construction, fence post setting, tree planting, and road construction. Auger drilling ensures precise control over sewer bore diameters in sewer construction and is cost-effective for mineral extraction in the mining industry, especially for coal and gold.

Renowned for its versatility and adaptability, auger drilling effectively caters to diverse soil and geological conditions, penetrating sands, clays, and soft rock formations efficiently. Its ability to handle both shallow and deep drilling requirements makes it suitable for a wide range of applications, from environmental assessments to mineral exploration.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Auger Drilling Market"

The Global Auger Drilling Market is categorized by type, drill type, operation, industry, and region. Types include flight auger and bucket auger, while drill types consist of vertical, horizontal, and telescopic augur drills. Operations are divided into electric and hydraulic auger drilling machines. Industries encompass oil and gas, mining, construction, and others, with regions spanning North America, Asia-Pacific, Europe, South America, and the Middle East & Africa.

In the bucket auger segment, which is expected to lead the market, this drilling method is ideal for confined spaces and areas with limited accessibility. Its compact design allows maneuverability in urban environments or sites with spatial restrictions. Bucket auger drilling is effective in unconsolidated and cohesive soils, commonly used in sandy, silty, and clayey terrains. It excels in collecting intact soil samples crucial for accurate laboratory analysis.

The construction industry is projected to dominate the market, utilizing auger drilling for environmental site assessments in urban projects. Auger drilling efficiently obtains soil samples for contaminant analysis, ensuring timely and accurate remediation measures. Its precision and minimal soil disturbance are invaluable in creating boreholes and preserving soil integrity, critical for the stability of surrounding structures.

Key market players in the Global Auger Drilling Market are:-

  • Liebherr-International AG
  • Marl Technologies Inc.
  • Zhengzhou Hanfa Imp & Exp Trading Co. Ltd.
  • Terex Corporation
  • Little Beaver Inc.
  • Marl Technologies Inc.
  • Total Drilling Supply LLC
  • Beijing Cortech Drilling Equipment Co. Ltd.
  • Drilling Structures International Inc.
  • Barbco Inc.

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"Asia Pacific is poised to lead the market," stated Mr. Karan Chechi, Research Director at TechSci Research. The region's diverse ecosystems pose unique environmental challenges. Auger drilling plays a crucial role in environmental site assessments, enabling precise sampling for contaminant analysis, groundwater monitoring, and land remediation. In Asia-Pacific countries with extensive coastlines and numerous marine infrastructure projects, auger drilling is essential for establishing stable foundations for piers, jetties, and offshore structures, particularly in areas prone to liquefaction or coastal erosion.

The report "Auger Drilling Market – Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028," evaluates the future growth potential of the Global Auger Drilling Market. It provides insights on market size, structure, and future growth, aiming to offer valuable market intelligence for informed investment decisions. Additionally, the report identifies and analyzes emerging trends, drivers, challenges, and opportunities in the Global Auger Drilling Market.

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