In the world economic growth, the Construction Industry Core Drill industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Construction Industry Core Drill market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Construction Industry Core Drill market size will be further expanded, we expect that by 2024, The market size of the Construction Industry Core Drill will reach XXX million $.
Overview
Core drills refer to a metal drill used in the construction industry with annular cutters. Core drills used for concrete are generally called electric, diamond, or hydraulic core drills and they are water-cooled. The global construction industry core drill market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global construction industry core drill market is expected to witness significant growth during the forecast period, owing to high growth of construction industry worldwide.
Market Driver
Growing urbanization worldwide is expected to drive growth of the global construction industry core drill market during the forecast period. The urban population and urbanization have increased in the recent past due to rising disposable income and technological advancements. According to the United Nations (UN), in 2018, around 55% of the population was living in urban areas, which is expected to increase to 68% by 2050. Rising urbanization has led to increase in construction activities thereby increasing demand for industry core drills. Therefore, these factors are expected to drive growth of the global construction industry core drill market during the forecast period. Moreover, rising construction public infrastructure such as bridges, tunnels, and underground parking halls is expected to boost the global construction industry core drill market growth over the forecast period.
Market Restraint
Availability of better alternatives in the industry is expected to restrain growth of the global construction industry core drill market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global construction industry core drill market during the forecast period. This is owing to rising construction tunnels and bridges across the region. Moreover, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to growing urbanization across emerging economies such as India and China.
Competitive Landscape
Key companies involved in the global construction industry core drill market are CS Unitec, Hilti, Kor-It Diamond Tools, Husqvarna, Chicago Pneumatic, Makita, Otto Baier, Robert Bosch Tool, Atlas Corporation, Atlas Corporation, Milwaukee Tools, Diamond Products, and Norton.
Major companies in the market are focused on product launches, in order to enhance the market presence. For instance, in January 2020, Hilti launched 40 novel tools, accessories, and systems including a cordless drill driver SF 2H-A12.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Hilti
Husqvarna
Makita
Tyrolit
Robert Bosch Tool
Golz L.L.C.
Norton
Diamond Products
Milwaukee Tools
Atlas Corporation
Otto Baier
Chicago Pneumatic
Kor-It Diamond Tools
CS Unitec
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Wet Drill Bits
Dry Drill Bits
Industry Segmentation
Electricians
Plumbers
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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