A DTH (down-the-hole) drill is a drilling system used in underground mining and construction that uses a hammer and bit combination to create precise, deep, straight holes in hard and abrasive rock formations. DTH drills are powered by compressed air that is pumped directly to the hammer and bit, which eliminates the need for large and expensive drilling rigs. This type of drill is highly efficient and capable of drilling large diameter holes in a short amount of time.
The main usage of a DTH drill is to create holes for blasting and anchoring in mining and construction operations. The holes created by a DTH drill are generally deeper and more precise than those created by other types of drills. The large diameter holes created by a DTH drill are also ideal for inserting various anchors and other objects into the ground.
DTH drilling is becoming increasingly popular in the global mining and construction industry due to its ability to quickly and accurately create large diameter holes in hard and abrasive rock formations. This type of drilling is also becoming more cost effective as technology advances, making it an attractive choice for many operations.
The global DTH Drill market was valued at US$ 1086.1 million in 2022 and is anticipated to reach US$ 1368.5 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global DTH Drill Market available at: https://www.themarketreports.com/report/global-dth-drill-market-research-report
This report aims to provide a comprehensive presentation of the global market for DTH Drill, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DTH Drill.
The key players of global DTH Drill include Sandvik, Atlas copco, Borat Lonyear, Mincon, Rockmore, Halco Rock Tools, Bulroc and Drill King, etc. The leader of this industry are Sandvik and Atlas copco, totally with about 42% market shares. Sandvik is the world leader, Borat Lonyear is the leader in North America, and Wooke is the leader in China.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1410853
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479