Upright Drilling Machine Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Upright Drilling Machine Market is segmented by Type (Portable drilling machine, Sensitive drilling machine, Radial drilling machine, Gang drilling machine, Multiple spindle drilling machine, Deep hole drilling machine), and by Application (Metalwork, Woodwork, Concrete construction work), and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD2049
  • |
  • Pages : 220
  • |
  • Tables : 85
  • |
  • Formats :

Upright Drilling Machine Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.

Upright Drilling Machine Market Growth and Trends

The global drilling machine market was valued at $16.54 Billion in 2017, and is anticipated to reach $28.76 Billion by 2025, growing at a Compound annual growth rate of 7.1%. Having said that its base year was 2014, the market has been showing moderate growth over the years

Several factors influencing the market’s growth include:
• The rising demand by several end-users in the market from industries like automotive and aviation with larger requirements for product across the globe
• The rising growth in metal products that require fabrication, Heavy machinery equipment
• Industrialization which brings out the advancement in all manufacturing processes with majority of the industries adopting latest technologies.
• The enlarging developments of material used in terms of getting multi-purpose tasks completed including cutting equipment and removal machinery that will avoid abrupt fluctuations in the market projects thus, levelling up its growth
• The necessity for end-users to flourish the amount of knowledge spread in these industries with the utilization of conventional equipment
• The increasing demand from the automotive industry also as a result of digitalization because drilling machines are known to be of significant functioning when meddling with the industry’s vehicle parts, frames, doors and many more that boosts the market demand.
• The ability to facilitate functions like hole drilling in the manufacturing of vehicles, construction sites because manufacturing just one vehicle itself consumes a lot of work and hole drilling thus, making it compulsory for the automotive sector propelling its market
• Its ability to carry on with high-scale manufacturing of shafts used in transmissions, engine blocks, airbag propellants, camshafts, and numerous other internal engine parts in the industry that promotes the drilling machine market growth
• The stringent government norms pertaining to the machinery and tools industry which takes an initiative for the lucrative growth of the drilling machine market largely
• The need to facilitate labor and workforce systems in construction and industrial sites so that automated drilling machines can be used to take the place of most of the heavy workloads imposed upon workers relentlessly which might get them too exhausted that increases the need for this market
• The utilization of swift, efficient drilling machinery in the military and defense sector to facilitate soldiers’ tasks and specially to increase the level of productivity at which military trucks, rifles are constructed
• The rapid industrialization with substantial growth expansions in most industries working towards providing end-users with a larger reserve of drilling machine facilities


Some challenges faced by the drilling machine market includes:
• The abrupt fluctuations in raw material prices thus, making it difficult for most industries (especially the newly arising ones) to afford buying these machines, which will bring about a decline in its market growth
• The lack of labor networks who are properly skilled enough to efficiently implement these machines which could even bring raise to industrial disruptions and projects coming to a halt due to lack of manpower to carry out the tasks using drilling machines that will largely bring down the mask
• Certain disabilities in drilling machines from the market to meet up the efficiency rates anticipated by end-users because of sudden operational software cracks thus, making it impossible or repair or even if it could be repaired this will consume vast amounts of time to restart the whole system over again. Hampering the market’s growth badly and making end-users look for alternatives that are more affordable and effective at work.

Upright Drilling Machine Industry Regional Analysis

Upright Drilling Machine Market Research Report Scope/Definition

For the purpose of this market research report, an Upright drilling machine is defined as a type of machine that is used for drilling medium and large size holes that are wider in size and stronger in comparison to using the sensitive drilling machine. There are differences between upright drilling machines based on the type of column employed. This can either be round or box column. An upright drilling machine is similar in construction to a sensitive drilling machine. The only feature differences between these two devices is a vertical column mounted over a base—a power feed mechanism and an excellent table for work loading. More number of spindle speeds and feeds can be achieved when using the upright drilling machine. Factors such as the development of the heavy equipment industry and the increase in augmented demand for fabricated metal products, and the need for large-scale industrial automation are driving the global market for upright drilling machines. The technological advancement in manufacturing machinery and increased government initiatives and subsidies in the machine tools industry has also provided investors with an attractive business opportunity.

Upright Drilling Machine Market Share and Competition
Key companies operating in this industry are: DATRON, DMTG, DMG MORI, SMTCL, Cameron Micro Drill Presses, Fehlmann, Gate Machinery International, Kaufman, Microlution, Minitool, Scantool, Taiwan Winnerstech Machinery, Yamazaki Mazak and Others

Upright Drilling Machine Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Portable drilling machine
• Sensitive drilling machine
• Radial drilling machine
• Gang drilling machine
• Multiple spindle drilling machine
• Deep hole drilling machine

Application Analysis (Revenue, USD Million, 2021 - 2028)
• Metalwork
• Woodwork
• Concrete construction work

Region Analysis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Upright Drilling Machine Industry Companies
• Cameron Micro Drill Presses
• Fehlmann
• Gate Machinery International
• Kaufman
• Microlution
• Minitool
• Scantool
• Taiwan Winnerstech Machinery
• Yamazaki Mazak
• Others

Available Versions of Upright Drilling Machine Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report


20% Free Customization ON ALL PURCHASE

*Terms & Conditions Apply

Request Free Sample

Please fill in the form below to Request for free Sample Report

  • Office Hours Mon - Sat   10:00 - 16:00

  • Send Us Mail sales@marketdecipher.com