The global Raise Boring Rig market size is expected to reach $ 400 million by 2032, rising at a market growth of 5.8% CAGR during the forecast period (2026-2032).
A raise borer is a machine used in underground mining, to excavate a circular hole between two levels of a mine without the use of explosives. Raise boring provides a safe means of excavating a circular hole between two levels of a mine without the use of explosives. A raise boring machine is set on a platform on the upper level to drill a small hole, known as the pilot hole, through to the cavity below. Once the drill has broken through, the pilot bit is removed and is replaced by a reamer head, of the desired diameter of the shaft, which is rotated and raised back toward the raise boring machine. The drill cuttings from the reamer head fall to the bottom of the hole and the reaming process creates a cylindrical hole with smooth walls.
Global core raise boring rig manufacturers include Epiroc, Herrenknecht, TRB-Raise Borers etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 37%, followed by Europe and North America with the share about 22% and 17%.In terms of product, acrylic binder is the largest segment, with a share over 65%. And in terms of application, the largest application is underground mining industry, followed by civil construction industry.
This report studies the global Raise Boring Rig production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Raise Boring Rig and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Raise Boring Rig that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Raise Boring Rig total production and demand, 2021-2032, (Units)
Global Raise Boring Rig total production value, 2021-2032, (USD Million)
Global Raise Boring Rig production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)
Global Raise Boring Rig consumption by region & country, CAGR, 2021-2032 & (Units)
U.S. VS China: Raise Boring Rig domestic production, consumption, key domestic manufacturers and share
Global Raise Boring Rig production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)
Global Raise Boring Rig production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)
Global Raise Boring Rig production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)
This report profiles key players in the global Raise Boring Rig market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Epiroc, Herrenknecht, TRB-Raise Borers, Palmieri Group, Terratec, Stu Blattner, Changzhou Liding Colliery Machinery, Chuangyuan High-Tech Machinery, Jining Zhuoli Industrial Equipment, Yier Mechanical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Raise Boring Rig market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Raise Boring Rig Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Raise Boring Rig Market, Segmentation by Type:
Raise-boring
Down-reaming
Box-holing
Global Raise Boring Rig Market, Segmentation by Application:
Underground Mining Industry
Hydropower Project
Civil Construction Industry
Others
Companies Profiled:
Epiroc
Herrenknecht
TRB-Raise Borers
Palmieri Group
Terratec
Stu Blattner
Changzhou Liding Colliery Machinery
Chuangyuan High-Tech Machinery
Jining Zhuoli Industrial Equipment
Yier Mechanical
Key Questions Answered:
1. How big is the global Raise Boring Rig market?
2. What is the demand of the global Raise Boring Rig market?
3. What is the year over year growth of the global Raise Boring Rig market?
4. What is the production and production value of the global Raise Boring Rig market?
5. Who are the key producers in the global Raise Boring Rig market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on Raise Boring Rig. Industry analysis & Market Report on Raise Boring Rig is a syndicated market report, published as Global Raise Boring Rig Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of Raise Boring Rig market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.