Mining Drills Breaker Market

ID: MRFR/E&P/23708-HCR

128 Pages

Snehal Singh

September 2025

Mining Drills And Breaker Market Research Report - By Drill Type (Rotary Hammer Drills, Combination Drills, Cordless Rotary Drills, Percussive Drills, Impact Wrenches), By Power Source (Electric, Pneumatic, Hydraulic, Internal Combustion Engine), By Application (Mining, Construction, Demolition, Civil Engineering) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2034

Mining Drills Breaker Market Infographic

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Summary Table of Contents Segmentation Infographic

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Mining Drills Breaker Market Summary

The Global Mining Drills and Breaker Market is projected to grow from 7.85 USD Billion in 2024 to 12.4 USD Billion by 2035.

Key Market Trends & Highlights

Mining Drills And Breaker Key Trends and Highlights

The market is expected to experience a compound annual growth rate of 4.27 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 12.4 USD Billion, indicating robust growth.
In 2024, the market is valued at 7.85 USD Billion, reflecting a strong foundation for future expansion.
Growing adoption of advanced drilling technologies due to increased mining activities is a major market driver.

Mining Drills Breaker Market

CAGR

4.27%

Market Size & Forecast

2024 Market Size	7.85 (USD Billion)
2035 Market Size	12.4 (USD Billion)
CAGR (2025-2035)	4.27%

Major Players

Epiroc AB, Atlas Copco AB, Sandvik Group, Komatsu Ltd., Boart Longyear, Ingersoll Rand, Liebherr, Kyokuto Boeki Kaisha, Terex Corporation, Soosan Heavy Industries, JCB, Caterpillar, Hitachi Construction Machinery, Volvo Construction Equipment, Furukawa Rock Drill, Doosan Infracore

Mining Drills Breaker Market Trends

The market for mining drills and breakers is anticipated to witness significant growth in the coming years, driven by the increasing demand for minerals and metals, the rise in mining activities, and the adoption of advanced technologies.

Key market drivers include the expansion of the mining industry, the need for efficient and cost-effective drilling and breaking equipment, and government initiatives promoting mining development. Opportunities for growth lie in the development of innovative technologies, such as autonomous drilling systems and electric-powered breakers, and the expansion of mining operations in emerging economies.

Recent trends in the market include the growing adoption of automation and robotics in mining operations, the focus on environmental sustainability, and the increasing use of data analytics for optimizing drilling and breaking processes. These trends are shaping the market landscape and creating opportunities for companies offering advanced solutions that meet the evolving needs of the mining industry.

The ongoing advancements in technology and increasing demand for efficient mining operations are likely to drive the evolution of the mining drills and breakers market, fostering innovation and sustainability in the sector.

U.S. Geological Survey

Mining Drills Breaker Market Drivers

Rising Demand for Minerals

The Global Mining Drills And Breaker Market Industry experiences a robust demand for minerals, driven by the increasing need for raw materials in various sectors such as construction, automotive, and electronics. As urbanization accelerates globally, the extraction of minerals becomes paramount. In 2024, the market is valued at approximately 7.85 USD Billion, reflecting the industry's response to this growing demand. The expansion of mining operations, particularly in developing regions, further propels the need for advanced drilling and breaking equipment. This trend is expected to continue, with projections indicating a market growth to 12.4 USD Billion by 2035.

Market Segment Insights

Mining Drills And Breaker Market Drill Type Insights

The Mining Drills And Breaker Market is segmented by Drill Type into Rotary Hammer Drills, Combination Drills, Cordless Rotary Drills, Percussive Drills, and Impact Wrenches. Rotary Hammer Drills held the largest market share in 2023 and is expected to continue to dominate the market over the forecast period. This is due to their versatility and ability to handle a wide range of drilling applications, including concrete, metal, and wood. Rotary Hammer Drills are also relatively easy to use, making them a popular choice for both professional and DIY users.

Combination Drills are the second most popular type of drill and are well-suited for a variety of applications, including drilling, driving screws, and mixing paint. Combination Drills are typically more affordable than Rotary Hammer Drills and are a good choice for users who need a versatile tool that can handle a variety of tasks.

Cordless Rotary Drills are becoming increasingly popular, as they offer the convenience of cordless operation without sacrificing power or performance. Cordless Rotary Drills are ideal for use in tight spaces or on sites where access to electricity is limited. Percussive Drills are designed for heavy-duty applications, such as drilling through concrete or metal. Percussive Drills use a hammering action to break through hard materials, making them ideal for tasks such as drilling holes for anchors or bolts. Impact Wrenches are used for tightening and loosening nuts and bolts.

This growth is being driven by the increasing demand for mining equipment, as well as the growing popularity of cordless drills.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Mining Drills And Breaker Market Power Source Insights

The market growth is primarily attributed to the increasing adoption of mining drills and breakers in various industries, including mining, construction, and demolition. In terms of power source, the market is segmented into electric, pneumatic, hydraulic, and internal combustion engines. Among these, the electric segment is anticipated to hold the largest revenue share in the coming years, owing to the rising demand for environmentally friendly and energy-efficient equipment. Electric mining drills and breakers offer advantages such as reduced operating costs, lower noise levels, and increased safety, which are driving their adoption across various applications.

The pneumatic segment accounts for a significant portion of the market and is expected to continue witnessing steady growth. Pneumatic mining drills and breakers are preferred in applications where portability and power are required. They are commonly used in underground mining operations, construction sites, and demolition projects. Hydraulic and internal combustion engine-powered mining drills and breakers are also gaining traction in the market due to their ability to handle heavy-duty applications and provide high-power output.

Hydraulic mining drills and breakers are suitable for underground mining and tunneling operations, while internal combustion engine-powered breakers are primarily used in construction and demolition projects.

Mining Drills And Breaker Market Application Insights

The Mining Drills And Breaker Market is segmented into Mining, Construction, Demolition, and Civil Engineering applications. The Mining segment accounted for the largest share of the market in 2023 and is projected to continue to dominate the market through 2032. The Construction segment is expected to experience significant growth over the forecast period due to the increasing demand for infrastructure development. The Demolition and Civil Engineering segments are also expected to witness steady growth over the forecast period. The increasing demand for minerals and metals is expected to drive the growth of the Mining Drills And Breaker Market.

The growing construction industry is also expected to contribute to the growth of the market.

The increasing demand for infrastructure development in emerging economies is expected to drive the growth of the Construction segment. The increasing demand for demolition services is expected to drive the growth of the Demolition segment. The increasing demand for civil engineering projects is expected to drive the growth of the Civil Engineering segment. The Mining Drills And Breaker Market is expected to reach a value of USD 7.21 billion in 2023 and is projected to grow at a CAGR of 4.27% to reach a value of USD 10.5 billion by 2032.

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Regional Insights

The Mining Drills And Breaker Market is segmented into regions such as North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. North America accounted for a significant share of the revenue in 2023 and is expected to continue its dominance throughout the forecast period. The growth in this region can be attributed to the presence of major mining companies, technological advancements, and favorable government policies. Europe is another important market for mining drills and breakers.

The region has a well-established mining industry and is expected to witness steady growth in the coming years.The Asia-Pacific region is expected to be the fastest-growing market for mining drills and breakers. The increasing demand for minerals and metals in emerging economies such as China and India is driving the growth in this region. South America, the Middle East, and Africa are also expected to witness significant growth in the mining drills and breakers market. The increasing investment in mining projects in these regions is expected to drive the demand for mining equipment.

Mining Drills And Breaker Market Regional Insights

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Key Players and Competitive Insights

Key producers of Mining Drills And Breaker Market have been continually attempting to create new and pioneering products tailored to satisfy the specific needs of the final customer. The foremost companies in the Mining Drills And Breaker Market have applied ground-breaking technologies to design more operative mining drills and breakers. As there was a notable increase in the productivity and efficiency of mining drills and breakers, major Mining Drills And Breaker Market industry players are increasingly forming mergers and acquisitions to expand businesses and diversify product portfolios.

The Mining Drills And Breaker Market is projected to continue to be extremely dispersed, with numerous local and worldwide companies seeking to cement their presence.

Epiroc AB is one of the world’s leading providers of mining drills and breakers. The company’s heavy emphasis on research and development and customer orientation has helped it consistently rank number one. Atlas Copco AB is one more major factor in the Mining Drills And Breaker Market. Atlas Copco AB is known for manufacturing a wide variety of high-quality mining tools and has a broad customer base. Sandvik Group is also a leading earthmoving and construction equipment manufacturer.

The company has put a heavy focus on research and development, culminating in the development of a wide range of products ideally equipped to meet the needs of specific mines.

Another major producer of Mining Drills And Breaker Market is Komatsu Ltd. which focuses on producing the most highly effective mining equipment. The mining drills and breakers made by Komatsu Ltd. are durable and reliable, being particularly popular for use in mining operations. Boart Longyear is a leading provider of exploration drilling and blasting products for the mining industry. The firm’s experience in drilling technology allows it to provide high-quality mining drills and breakers perfectly positioned to meet expected customer requirements.

Key Companies in the Mining Drills Breaker Market market include

Industry Developments

The Mining Drills and Breaker Market is estimated to reach a value of USD 10.5 billion by 2032, with a CAGR of 4.27% during the forecast period of 2025-2034. The market is driven by the increasing demand for mining equipment, owing to the rising population and urbanization. The growing adoption of automation and digitalization in the mining industry is also contributing to the market growth. Recent news and developments in the market include:

In January 2023, Epiroc, a leading manufacturer of mining equipment, launched a new range of mining drills and breakers with improved performance and efficiency.

In March 2023, Sandvik, another major player in the market, announced the acquisition of DSI Underground, a supplier of underground construction equipment, including mining drills and breakers. This acquisition is expected to strengthen Sandvik's position in the mining equipment market.

These developments indicate the growing demand for mining drills and breakers and the increasing adoption of advanced technologies in the mining industry.

Future Outlook

Mining Drills Breaker Market Future Outlook

The Mining Drills And Breaker Market is projected to grow at a 4.27% CAGR from 2024 to 2035, driven by technological advancements, increased mining activities, and sustainability initiatives.

New opportunities lie in:

Invest in automation technologies to enhance operational efficiency and reduce labor costs.
Develop eco-friendly drilling solutions to meet regulatory demands and attract environmentally conscious clients.
Expand into emerging markets with untapped mineral resources to capitalize on growing demand.

By 2035, the Mining Drills And Breaker Market is expected to achieve substantial growth, reflecting evolving industry dynamics.

Market Segmentation

Mining Drills And Breaker Market Regional Outlook

North America
Europe
South America
Asia Pacific
Middle East and Africa

Mining Drills And Breaker Market Drill Type Outlook

Electric
Pneumatic
Hydraulic
Internal Combustion Engine

Mining Drills And Breaker Market Application Outlook

North America
Europe
South America
Asia Pacific
Middle East and Africa

Mining Drills And Breaker Market Power Source Outlook

Mining
Construction
Demolition
Civil Engineering

Report Scope

Report Attribute/Metric	Details
Market Size 2024	7.85 (USD Billion)
Market Size 2025	8.18 (USD Billion)
Market Size 2034	11.92 (USD Billion)
Compound Annual Growth Rate (CAGR)	4.27% (2025 - 2034)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2034
Historical Data	2019 - 2023
Market Forecast Units	USD Billion
Key Companies Profiled	Komatsu, Ingersoll Rand, Liebherr, Kyokuto Boeki Kaisha, Sandvik, Terex Corporation, Soosan Heavy Industries, JCB, Caterpillar, Epiroc, Hitachi Construction Machinery, Volvo Construction Equipment, Atlas Copco, Furukawa Rock Drill, Doosan Infracore
Segments Covered	Drill Type, Power Source, Application, Regional
Key Market Opportunities	Increasing demand for minerals technological advancements rising infrastructure development growing mining activities and sustainability initiatives
Key Market Dynamics	Increased demand for minerals Technological advancements Growing investment in the mining sector Stringent safety regulations Environmental concerns
Countries Covered	North America, Europe, APAC, South America, MEA

FAQs

What is the market size of the Mining Drills And Breaker Market?

The Mining Drills And Breaker Market was valued at 7.85 Billion USD in 2024 and is expected to reach 11.92 Billion USD by 2034, exhibiting a CAGR of 4.27% over the forecast period.

What are the key regions contributing to the growth of the Mining Drills And Breaker Market?

The Asia-Pacific region is anticipated to dominate the Mining Drills And Breaker Market over the forecast period, owing to the increasing mining activities in countries such as China, India, and Australia.

What are the major applications of Mining Drills and Breakers?

Mining Drills and Breakers are primarily used in various mining operations, including exploration, drilling, and extraction of minerals and ores such as coal, copper, gold, and iron ore.

Who are the key competitors in the Mining Drills And Breaker Market?

Major players operating in the Mining Drills And Breaker Market include Epiroc AB, Sandvik AB, Caterpillar Inc., Komatsu Ltd., and Hitachi Construction Machinery Co., Ltd.

What are the factors driving the growth of the Mining Drills And Breaker Market?

The increasing demand for minerals and ores, coupled with the rising investment in mining infrastructure, is primarily driving the growth of the Mining Drills And Breaker Market.

What are the challenges faced by the Mining Drills And Breaker Market?

The stringent regulations regarding mining activities and the high cost of mining equipment are some of the key challenges faced by the Mining Drills And Breaker Market.

What are the latest trends in the Mining Drills And Breaker Market?

The increasing adoption of automation and advanced technologies, such as IoT and AI, is a prominent trend shaping the Mining Drills And Breaker Market.

What is the impact of COVID-19 on the Mining Drills And Breaker Market?

The COVID-19 pandemic had a moderate impact on the Mining Drills And Breaker Market. The temporary disruption in mining activities led to a decline in demand for mining equipment. However, with the easing of restrictions and the resumption of mining operations, the market is expected to regain momentum.

What is the future outlook for the Mining Drills And Breaker Market?

The long-term outlook for the Mining Drills And Breaker Market is positive, driven by the increasing demand for minerals and ores, coupled with the rising investment in mining infrastructure and technological advancements.

What are the key strategies adopted by players in the Mining Drills And Breaker Market?

Key strategies adopted by players in the Mining Drills And Breaker Market include product innovation, strategic partnerships, and geographic expansion to cater to the diverse needs of customers and strengthen their market presence.

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