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Product Code LP0913414527ZN
Published Date 2026/5/13
English108 PagesGlobal

Global Tunneling Rock Drilling Rig Market Growth 2026-2032 ‐ Industrial Machinery/Industry Market


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Product Code LP0913414527ZN◆An updated version may be available. We will check for you.
Published Date 2026/5/13
English 108 PagesGlobal

Global Tunneling Rock Drilling Rig Market Growth 2026-2032 ‐ Industrial Machinery/Industry Market



Abstract

This report provides a comprehensive analysis of the global tunneling rock drilling rig market, projecting steady growth from 2025 through 2032. It examines essential equipment used for mining and underground engineering, segmented by type, chassis, power system, and application. The study evaluates key market drivers, competitive landscapes featuring major players like Sandvik and Epiroc, and regional dynamics across the Americas, APAC, and Europe. Furthermore, it identifies emerging opportunities within the industry's evolving technological and geographic sectors.

Related Questions

US$ 501 million in 2025; US$ 658 million in 2032.

3.5% CAGR from 2026 to 2032.

Sandvik Mining and Rock Technology, Epiroc, Furukawa, Komatsu Mining Corp., J.H. Fletcher, Sitoncn, Mine Master, HAZEMAG, XCMG, China Railway Engineering Equipment Group, Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery, Sichuan Zuanshen Intelligent Machinery Manufacturing, LANHI, Hunan Wuxin Tunnel Intelligent Equipment


Summary

Market Overview

The global Tunneling Rock Drilling Rig market is projected to grow from US$ 501 million in 2025 to US$ 658 million in 2032, representing a compound annual growth rate (CAGR) of 3.5% from 2026 to 2032.

2025 Market Statistics

  • Global Production Volume: 23,280 units
  • Average Selling Price: US$ 22,000 per unit
  • Global Annual Production Capacity: Approximately 32,000 units
  • Gross Profit Margin: Approximately 24.7%

Product Definition and Industry Chain

A tunneling rig (commonly referred to as a "drilling rig" or "tunneling rig") is a transportation and operating device used in mining, tunnel construction, and underground engineering. It is specifically designed for preliminary excavation operations, such as drilling and blasting in roadways or tunnels. The device combines the functions of transportation, a working platform, and auxiliary equipment to improve tunneling efficiency and operational safety.

  • Upstream: Electric motors, hydraulic systems, and controllers
  • Midstream: Tunneling rig manufacturers
  • Downstream: Mining and rock excavation industries

Regional Market Analysis

The report provides insights into the projected growth and market expansion for the following regions:

  • United States: The market is expected to experience growth through 2032.
  • China: The market is expected to experience growth through 2032.
  • Europe: The market is expected to experience growth through 2032.

Market Segmentation

By Type

  • Single-Arm Tunneling Trolley
  • Double-Arm Tunneling Trolley
  • Multi-arm Tunneling Trolley

By Chassis Type

  • Wheel-Mounted
  • Rail-Mounted
  • Crawler-Mounted

By Power System

  • Hydraulic
  • Pneumatic
  • Electric

By Application

  • Mining
  • Rock Excavation
  • Others

By Region

  • Americas: United States, Canada, Mexico, Brazil
  • APAC: China, Japan, Korea, Southeast Asia, India, Australia
  • Europe: Germany, France, UK, Italy, Russia
  • Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries

Competitive Landscape

Key Players

The following companies have been profiled based on primary expert input and analysis of their coverage, product portfolios, and market penetration:

  • Sandvik Mining and Rock Technology
  • Epiroc
  • Furukawa
  • Komatsu Mining Corp.
  • J.H. Fletcher
  • Sitoncn
  • Mine Master
  • HAZEMAG
  • XCMG
  • China Railway Engineering Equipment Group
  • Zhangjiakou Xuanhua Huatai Mining & Metallurgical Machinery
  • Sichuan Zuanshen Intelligent Machinery Manufacturing
  • LANHI
  • Hunan Wuxin Tunnel Intelligent Equipment

Market Concentration

In 2025, the global market saw significant concentration, with the two largest companies occupying a substantial portion of the total revenue share.

About the Report

Produced by LP Information, Inc. (LPI), the "Tunneling Rock Drilling Rig Industry Forecast" provides a comprehensive analysis of past sales and reviews total world sales in 2025. The report offers a detailed analysis in US$ millions, projecting sales from 2026 through 2032, broken down by region, market sector, and sub-sector.

This insight report highlights key trends related to:

  • Product segmentation
  • Company formation
  • Revenue and market share
  • Latest developments and M&A activity

Furthermore, the report analyzes the strategies of leading global companies, focusing on their portfolios, capabilities, market entry strategies, market positions, and geographic footprints to understand their unique positions in an accelerating global market. Using a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study offers a nuanced view of the current state and future trajectory of the industry.

Key Questions Addressed

  • What is the 10-year outlook for the global Tunneling Rock Drilling Rig market?
  • What factors are driving Tunneling Rock Drilling Rig market growth, globally and by region?
  • Which technologies are poised for the fastest growth by market and region?
  • How do Tunneling Rock Drilling Rig market opportunities vary by end market size?
  • How does the Tunneling Rock Drilling Rig market break out by Type and by Application?

Table of Contents

  • 1 Scope of the Report

    • 1.1 Market Introduction
    • 1.2 Years Considered
    • 1.3 Research Objectives
    • 1.4 Market Research Methodology
    • 1.5 Research Process and Data Source
    • 1.6 Economic Indicators
    • 1.7 Currency Considered
    • 1.8 Market Estimation Caveats
  • 2 Executive Summary

    • 2.1 World Market Overview
      • 2.1.1 Global Tunneling Rock Drilling Rig Annual Sales 2021-2032
      • 2.1.2 World Current & Future Analysis for Tunneling Rock Drilling Rig by Geographic Region, 2021, 2025 & 2032
      • 2.1.3 World Current & Future Analysis for Tunneling Rock Drilling Rig by Country/Region, 2021, 2025 & 2032
    • 2.2 Tunneling Rock Drilling Rig Segment by Type
      • 2.2.1 Single-Arm Tunneling Trolley
      • 2.2.2 Double-Arm Tunneling Trolley
      • 2.2.3 Multi-arm Tunneling Trolley
      • 2.2.4 Tunneling Rock Drilling Rig Sales by Type
        • 2.2.4.1 Global Tunneling Rock Drilling Rig Sales Market Share by Type (2021-2026)
        • 2.2.4.2 Global Tunneling Rock Drilling Rig Revenue and Market Share by Type (2021-2026)
        • 2.2.4.3 Global Tunneling Rock Drilling Rig Sale Price by Type (2021-2026)
    • 2.3 Tunneling Rock Drilling Rig Segment by Chassis Type
      • 2.3.1 Wheel-Mounted
      • 2.3.2 Rail-Mounted
      • 2.3.3 Crawler-Mounted
      • 2.3.4 Tunneling Rock Drilling Rig Sales by Chassis Type
        • 2.3.4.1 Global Tunneling Rock Drilling Rig Sales Market Share by Chassis Type (2021-2026)
        • 2.3.4.2 Global Tunneling Rock Drilling Rig Revenue and Market Share by Chassis Type (2021-2026)
        • 2.3.4.3 Global Tunneling Rock Drilling Rig Sale Price by Chassis Type (2021-2026)
    • 2.4 Tunneling Rock Drilling Rig Segment by Power System
      • 2.4.1 Hydraulic
      • 2.4.2 Pneumatic
      • 2.4.3 Electric
      • 2.4.4 Tunneling Rock Drilling Rig Sales by Power System
        • 2.4.4.1 Global Tunneling Rock Drilling Rig Sales Market Share by Power System (2021-2026)
        • 2.4.4.2 Global Tunneling Rock Drilling Rig Revenue and Market Share by Power System (2021-2026)
        • 2.4.4.3 Global Tunneling Rock Drilling Rig Sale Price by Power System (2021-2026)
    • 2.5 Tunneling Rock Drilling Rig Segment by Application
      • 2.5.1 Mining
      • 2.5.2 Rock Excavation
      • 2.5.3 Others
      • 2.5.4 Tunneling Rock Drilling Rig Sales by Application
        • 2.5.4.1 Global Tunneling Rock Drilling Rig Sale Market Share by Application (2021-2026)
        • 2.5.4.2 Global Tunneling Rock Drilling Rig Revenue and Market Share by Application (2021-2026)
        • 2.5.4.3 Global Tunneling Rock Drilling Rig Sale Price by Application (2021-2026)
  • 3 Global by Company

    • 3.1 Global Tunneling Rock Drilling Rig Breakdown Data by Company
      • 3.1.1 Global Tunneling Rock Drilling Rig Annual Sales by Company (2021-2026)
      • 3.1.2 Global Tunneling Rock Drilling Rig Sales Market Share by Company (2021-2026)
    • 3.2 Global Tunneling Rock Drilling Rig Annual Revenue by Company (2021-2026)
      • 3.2.1 Global Tunneling Rock Drilling Rig Revenue by Company (2021-2026)
      • 3.2.2 Global Tunneling Rock Drilling Rig Revenue Market Share by Company (2021-2026)
    • 3.3 Global Tunneling Rock Drilling Rig Sale Price by Company
    • 3.4 Key Manufacturers Tunneling Rock Drilling Rig Producing Area Distribution, Sales Area, Product Type
      • 3.4.1 Key Manufacturers Tunneling Rock Drilling Rig Product Location Distribution
      • 3.4.2 Players Tunneling Rock Drilling Rig Products Offered
    • 3.5 Market Concentration Rate Analysis
      • 3.5.1 Competition Landscape Analysis
      • 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
    • 3.6 New Products and Potential Entrants
    • 3.7 Market M&A Activity & Strategy
  • 4 World Historic Review for Tunneling Rock Drilling Rig by Geographic Region

    • 4.1 World Historic Tunneling Rock Drilling Rig Market Size by Geographic Region (2021-2026)
      • 4.1.1 Global Tunneling Rock Drilling Rig Annual Sales by Geographic Region (2021-2026)
      • 4.1.2 Global Tunneling Rock Drilling Rig Annual Revenue by Geographic Region (2021-2026)
    • 4.2 World Historic Tunneling Rock Drilling Rig Market Size by Country/Region (2021-2026)
      • 4.2.1 Global Tunneling Rock Drilling Rig Annual Sales by Country/Region (2021-2026)
      • 4.2.2 Global Tunneling Rock Drilling Rig Annual Revenue by Country/Region (2021-2026)
    • 4.3 Americas Tunneling Rock Drilling Rig Sales Growth
    • 4.4 APAC Tunneling Rock Drilling Rig Sales Growth
    • 4.5 Europe Tunneling Rock Drilling Rig Sales Growth
    • 4.6 Middle East & Africa Tunneling Rock Drilling Rig Sales Growth
  • 5 Americas

    • 5.1 Americas Tunneling Rock Drilling Rig Sales by Country
      • 5.1.1 Americas Tunneling Rock Drilling Rig Sales by Country (2021-2026)
      • 5.1.2 Americas Tunneling Rock Drilling Rig Revenue by Country (2021-2026)
    • 5.2 Americas Tunneling Rock Drilling Rig Sales by Type (2021-2026)
    • 5.3 Americas Tunneling Rock Drilling Rig Sales by Application (2021-2026)
    • 5.4 United States
    • 5.5 Canada
    • 5.6 Mexico
    • 5.7 Brazil
  • 6 APAC

    • 6.1 APAC Tunneling Rock Drilling Rig Sales by Region
      • 6.1.1 APAC Tunneling Rock Drilling Rig Sales by Region (2021-2026)
      • 6.1.2 APAC Tunneling Rock Drilling Rig Revenue by Region (2021-2026)
    • 6.2 APAC Tunneling Rock Drilling Rig Sales by Type (2021-2026)
    • 6.3 APAC Tunneling Rock Drilling Rig Sales by Application (2021-2026)
    • 6.4 China
    • 6.5 Japan
    • 6.6 South Korea
    • 6.7 Southeast Asia
    • 6.8 India
    • 6.9 Australia
    • 6.10 China Taiwan
  • 7 Europe

    • 7.1 Europe Tunneling Rock Drilling Rig by Country
      • 7.1.1 Europe Tunneling Rock Drilling Rig Sales by Country (2021-2026)
      • 7.1.2 Europe Tunneling Rock Drilling Rig Revenue by Country (2021-2026)
    • 7.2 Europe Tunneling Rock Drilling Rig Sales by Type (2021-2026)
    • 7.3 Europe Tunneling Rock Drilling Rig Sales by Application (2021-2026)
    • 7.4 Germany
    • 7.5 France
    • 7.6 UK
    • 7.7 Italy
    • 7.8 Russia
  • 8 Middle East & Africa

    • 8.1 Middle East & Africa Tunneling Rock Drilling Rig by Country
      • 8.1.1 Middle East & Africa Tunneling Rock Drilling Rig Sales by Country (2021-2026)
      • 8.1.2 Middle East & Africa Tunneling Rock Drilling Rig Revenue by Country (2021-2026)
    • 8.2 Middle East & Africa Tunneling Rock Drilling Rig Sales by Type (2021-2026)
    • 8.3 Middle East & Africa Tunneling Rock Drilling Rig Sales by Application (2021-2026)
    • 8.4 Egypt
    • 8.5 South Africa
    • 8.6 Israel
    • 8.7 Turkey
    • 8.8 GCC Countries
  • 9 Market Drivers, Challenges and Trends

    • 9.1 Market Drivers & Growth Opportunities
    • 9.2 Market Challenges & Risks
    • 9.3 Industry Trends
  • 10 Manufacturing Cost Structure Analysis

    • 10.1 Raw Material and Suppliers
    • 10.2 Manufacturing Cost Structure Analysis of Tunneling Rock Drilling Rig
    • 10.3 Manufacturing Process Analysis of Tunneling Rock Drilling Rig
    • 10.4 Industry Chain Structure of Tunneling Rock Drilling Rig
  • 11 Marketing, Distributors and Customer

    • 11.1 Sales Channel
      • 11.1.1 Direct Channels
      • 11.1.2 Indirect Channels
    • 11.2 Tunneling Rock Drilling Rig Distributors
    • 11.3 Tunneling Rock Drilling Rig Customer
  • 12 World Forecast Review for Tunneling Rock Drilling Rig by Geographic Region

    • 12.1 Global Tunneling Rock Drilling Rig Market Size Forecast by Region
      • 12.1.1 Global Tunneling Rock Drilling Rig Forecast by Region (2027-2032)
      • 12.1.2 Global Tunneling Rock Drilling Rig Annual Revenue Forecast by Region (2027-2032)
    • 12.2 Americas Forecast by Country (2027-2032)
    • 12.3 APAC Forecast by Region (2027-2032)
    • 12.4 Europe Forecast by Country (2027-2032)
    • 12.5 Middle East & Africa Forecast by Country (2027-2032)
    • 12.6 Global Tunneling Rock Drilling Rig Forecast by Type (2027-2032)
    • 12.7 Global Tunneling Rock Drilling Rig Forecast by Application (2027-2032)
  • 13 Key Players Analysis

    • 13.1 Sandvik Mining and Rock Technology
      • 13.1.1 Sandvik Mining and Rock Technology Company Information
      • 13.1.2 Sandvik Mining and Rock Technology Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.1.3 Sandvik Mining and Rock Technology Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.1.4 Sandvik Mining and Rock Technology Main Business Overview
      • 13.1.5 Sandvik Mining and Rock Technology Latest Developments
    • 13.2 Epiroc
      • 13.2.1 Epiroc Company Information
      • 13.2.2 Epiroc Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.2.3 Epiroc Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.2.4 Epiroc Main Business Overview
      • 13.2.5 Epiroc Latest Developments
    • 13.3 Furukawa
      • 13.3.1 Furukawa Company Information
      • 13.3.2 Furukawa Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.3.3 Furukawa Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.3.4 Furukawa Main Business Overview
      • 13.3.5 Furukawa Latest Developments
    • 13.4 Komatsu Mining Corp.
      • 13.4.1 Komatsu Mining Corp. Company Information
      • 13.4.2 Komatsu Mining Corp. Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.4.3 Komatsu Mining Corp. Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.4.4 Komatsu Mining Corp. Main Business Overview
      • 13.4.5 Komatsu Mining Corp. Latest Developments
    • 13.5 J.H. Fletcher
      • 13.5.1 J.H. Fletcher Company Information
      • 13.5.2 J.H. Fletcher Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.5.3 J.H. Fletcher Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.5.4 J.H. Fletcher Main Business Overview
      • 13.5.5 J.H. Fletcher Latest Developments
    • 13.6 Sitoncn
      • 13.6.1 Sitoncn Company Information
      • 13.6.2 Sitoncn Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.6.3 Sitoncn Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.6.4 Sitoncn Main Business Overview
      • 13.6.5 Sitoncn Latest Developments
    • 13.7 Mine Master
      • 13.7.1 Mine Master Company Information
      • 13.7.2 Mine Master Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.7.3 Mine Master Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.7.4 Mine Master Main Business Overview
      • 13.7.5 Mine Master Latest Developments
    • 13.8 HAZEMAG
      • 13.8.1 HAZEMAG Company Information
      • 13.8.2 HAZEMAG Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.8.3 HAZEMAG Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.8.4 HAZEMAG Main Business Overview
      • 13.8.5 HAZEMAG Latest Developments
    • 13.9 XCMG
      • 13.9.1 XCMG Company Information
      • 13.9.2 XCMG Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.9.3 XCMG Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.9.4 XCMG Main Business Overview
      • 13.9.5 XCMG Latest Developments
    • 13.10 China Railway Engineering Equipment Group
      • 13.10.1 China Railway Engineering Equipment Group Company Information
      • 13.10.2 China Railway Engineering Equipment Group Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.10.3 China Railway Engineering Equipment Group Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.10.4 China Railway Engineering Equipment Group Main Business Overview
      • 13.10.5 China Railway Engineering Equipment Group Latest Developments
    • 13.11 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery
      • 13.11.1 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Company Information
      • 13.11.2 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.11.3 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.11.4 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Main Business Overview
      • 13.11.5 Zhangjiakou Xuanhua Huatai Mining&Metallurgical Machinery Latest Developments
    • 13.12 Sichuan Zuanshen Intelligent Machinery Manufacturing
      • 13.12.1 Sichuan Zuanshen Intelligent Machinery Manufacturing Company Information
      • 13.12.2 Sichuan Zuanshen Intelligent Machinery Manufacturing Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.12.3 Sichuan Zuanshen Intelligent Machinery Manufacturing Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.12.4 Sichuan Zuanshen Intelligent Machinery Manufacturing Main Business Overview
      • 13.12.5 Sichuan Zuanshen Intelligent Machinery Manufacturing Latest Developments
    • 13.13 LANHI
      • 13.13.1 LANHI Company Information
      • 13.13.2 LANHI Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.13.3 LANHI Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.13.4 LANHI Main Business Overview
      • 13.13.5 LANHI Latest Developments
    • 13.14 Hunan Wuxin Tunnel Intelligent Equipment
      • 13.14.1 Hunan Wuxin Tunnel Intelligent Equipment Company Information
      • 13.14.2 Hunan Wuxin Tunnel Intelligent Equipment Tunneling Rock Drilling Rig Product Portfolios and Specifications
      • 13.14.3 Hunan Wuxin Tunnel Intelligent Equipment Tunneling Rock Drilling Rig Sales, Revenue, Price and Gross Margin (2021-2026)
      • 13.14.4 Hunan Wuxin Tunnel Intelligent Equipment Main Business Overview
      • 13.14.5 Hunan Wuxin Tunnel Intelligent Equipment Latest Developments
  • 14 Research Findings and Conclusion

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