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Stock impact report

Drilling Machines Global Markets Analysis and Forecasts, 2021-2023 & 2024-2030 [Yahoo! Finance]

Ingersoll Rand Inc. (IR) 
Last ingersoll rand inc. earnings: 1/29 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The global market for Drilling Machines is estimated at US$27.4 billion in 2024 and is anticipated to post a CAGR of 6.6% during the 2024-2030 analysis period and stand at a projected US$40.2 billion by 2030. This global report on Drilling Machines analyzes the market based on type and end-use sector. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing. The demand for Drilling Machines is expected to maintain healthy growth over the analysis period, which can be attributed to factors that include growth in infrastructure & construction activities, increase in manufacturing operations and rise in demand from the automotive industry because of a sustained increase in light vehicle production. Oilwell exploration for adding to the rapidly depleting fossil fuel resources is another reason for maintaining demand for drilling Show less Read more
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