The global blast monitoring equipment market is anticipated to reach $412.7 million by 2031, growing from $253.3 million in 2021, at a CAGR of 5.2% from 2022 to 2031.
The use of real-time data collected from different equipment to assist in the supervision and direction of plant operations from remote places, reduces the need for human interaction in blast monitoring. Consequently, new blast monitoring equipment systems are being deployed at a faster rate across a variety of sectors. These major factors are expected to drive the blast monitoring equipment market growth during the forecast period.
Concerns over safety and functioning are expected to hamper the market growth throughout the forecast timeframe. The mining industry is evolving toward a technology-driven optimization process and competitive operations. Traditional methods of working are unable to increase productivity or reduce potential impacts on mining industry. Poor blasting efficiency is one of the factors blocking increased mining efficiency. Blasting efficiency must be improved in all mining processes. However, there are numerous instances throughout the mining sector where mines are not performing properly in terms of overall production costs, energy usage, and other factors due to an apparent lack of understanding of the fundamental principles governing efficient drilling and effective blasting. Due to blasting problems such as dangerous fly rock incidents and ground and air vibration hazards the mines are not operating at their strongest in terms of overall production costs, energy utilization, resource management, and rock stability.
The use of automated condition monitoring technologies and increase in awareness of preventive maintenance are two factors contributing to the growth of the global blast monitoring equipment market. The market for blast monitoring equipment is expanding owing to increase in demand from new applications such heating, ventilation, and cooling as well as infiltration in manufacturing. The number of applications requiring blast monitoring has increased dramatically due to the global industrialization, which has boosted the market for blast monitoring equipment globally.
The COVID-19 pandemic had a significant influence on the blast monitoring equipment sector. The COVID-19 pandemic and its spread have caused substantial economic harm all over the world. Manufacturing plant closures and supply chain disruptions have had a global impact on the process and construction and mining industries. Various social distancing rules have had an influence on the operation of many businesses. Several industrial companies have shut down, creating unexpected effects to the supply chain and further hampering the growth of the blast monitoring equipment market. The emergence of COVID-19 has practically driven all industrial enterprises to reconsider their blasting plans and implement quick remedies in order to preserve supply chain stability.
The key players profiled in this report include Orica, Acoem, ECOTECH PTY LTD, Hexagon AB, Core Lithium, and Maine Drilling and Blasting.
The use of real-time data collected from different equipment to assist in the supervision and direction of plant operations from remote places, reduces the need for human interaction in blast monitoring. Consequently, new blast monitoring equipment systems are being deployed at a faster rate across a variety of sectors. These major factors are expected to drive the blast monitoring equipment market growth during the forecast period.
Concerns over safety and functioning are expected to hamper the market growth throughout the forecast timeframe. The mining industry is evolving toward a technology-driven optimization process and competitive operations. Traditional methods of working are unable to increase productivity or reduce potential impacts on mining industry. Poor blasting efficiency is one of the factors blocking increased mining efficiency. Blasting efficiency must be improved in all mining processes. However, there are numerous instances throughout the mining sector where mines are not performing properly in terms of overall production costs, energy usage, and other factors due to an apparent lack of understanding of the fundamental principles governing efficient drilling and effective blasting. Due to blasting problems such as dangerous fly rock incidents and ground and air vibration hazards the mines are not operating at their strongest in terms of overall production costs, energy utilization, resource management, and rock stability.
The use of automated condition monitoring technologies and increase in awareness of preventive maintenance are two factors contributing to the growth of the global blast monitoring equipment market. The market for blast monitoring equipment is expanding owing to increase in demand from new applications such heating, ventilation, and cooling as well as infiltration in manufacturing. The number of applications requiring blast monitoring has increased dramatically due to the global industrialization, which has boosted the market for blast monitoring equipment globally.
The COVID-19 pandemic had a significant influence on the blast monitoring equipment sector. The COVID-19 pandemic and its spread have caused substantial economic harm all over the world. Manufacturing plant closures and supply chain disruptions have had a global impact on the process and construction and mining industries. Various social distancing rules have had an influence on the operation of many businesses. Several industrial companies have shut down, creating unexpected effects to the supply chain and further hampering the growth of the blast monitoring equipment market. The emergence of COVID-19 has practically driven all industrial enterprises to reconsider their blasting plans and implement quick remedies in order to preserve supply chain stability.
The key players profiled in this report include Orica, Acoem, ECOTECH PTY LTD, Hexagon AB, Core Lithium, and Maine Drilling and Blasting.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the blast monitoring equipment market analysis from 2021 to 2031 to identify the prevailing blast monitoring equipment market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the blast monitoring equipment market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global blast monitoring equipment market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Product Type
- Blast Monitors
- Real time Dust Monitors
- Dust Samplers
- Visibility Monitors
- Defense
- Chemicals
- Mining and Connstruction
- Oil and Gas
By Application
- Detonation
- Rock Blasting
- Underground Mines
- Surface Mining
- Demolition
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- United Arab Emirates
- South Africa
- Rest of LAMEA
Key Market Players
- Orica Ltd
- hexagon ab
- acoem
- ShotTrack Pty Ltd
- Stanley Black & Decker, Inc.
- GeoSonics/Vibra-Tech Inc.
- sigicom ab
- elcometer
- ids georadar
- Finexplo Oy
Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Key Regulation Analysis
3.7. Market Share Analysis
3.8. Patent Landscape
3.9. Regulatory Guidelines
3.10. Value Chain Analysis
CHAPTER 4: BLAST MONITORING EQUIPMENT MARKET, BY PRODUCT TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Blast Monitors
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Real time Dust Monitors
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Dust Samplers
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Visibility Monitors
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
CHAPTER 5: BLAST MONITORING EQUIPMENT MARKET, BY END-USE INDUSTRY
5.1. Overview
5.1.1. Market size and forecast
5.2. Defense
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Chemicals
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Mining and Connstruction
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Oil and Gas
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others(Tunnels Roads)
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: BLAST MONITORING EQUIPMENT MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market size and forecast
6.2. Underground Mines
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Surface Mining
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Demolition
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
6.5. Detonation
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market share analysis by country
6.6. Rock Blasting
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market share analysis by country
6.7. Others
6.7.1. Key market trends, growth factors and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market share analysis by country
CHAPTER 7: BLAST MONITORING EQUIPMENT MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Product Type
7.2.3. Market size and forecast, by End-use Industry
7.2.4. Market size and forecast, by Application
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Product Type
7.2.5.1.3. Market size and forecast, by End-use Industry
7.2.5.1.4. Market size and forecast, by Application
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Product Type
7.2.5.2.3. Market size and forecast, by End-use Industry
7.2.5.2.4. Market size and forecast, by Application
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Product Type
7.2.5.3.3. Market size and forecast, by End-use Industry
7.2.5.3.4. Market size and forecast, by Application
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Product Type
7.3.3. Market size and forecast, by End-use Industry
7.3.4. Market size and forecast, by Application
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Product Type
7.3.5.1.3. Market size and forecast, by End-use Industry
7.3.5.1.4. Market size and forecast, by Application
7.3.5.2. UK
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Product Type
7.3.5.2.3. Market size and forecast, by End-use Industry
7.3.5.2.4. Market size and forecast, by Application
7.3.5.3. France
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Product Type
7.3.5.3.3. Market size and forecast, by End-use Industry
7.3.5.3.4. Market size and forecast, by Application
7.3.5.4. Spain
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Product Type
7.3.5.4.3. Market size and forecast, by End-use Industry
7.3.5.4.4. Market size and forecast, by Application
7.3.5.5. Italy
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Product Type
7.3.5.5.3. Market size and forecast, by End-use Industry
7.3.5.5.4. Market size and forecast, by Application
7.3.5.6. Rest of Europe
7.3.5.6.1. Key market trends, growth factors and opportunities
7.3.5.6.2. Market size and forecast, by Product Type
7.3.5.6.3. Market size and forecast, by End-use Industry
7.3.5.6.4. Market size and forecast, by Application
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Product Type
7.4.3. Market size and forecast, by End-use Industry
7.4.4. Market size and forecast, by Application
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Product Type
7.4.5.1.3. Market size and forecast, by End-use Industry
7.4.5.1.4. Market size and forecast, by Application
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Product Type
7.4.5.2.3. Market size and forecast, by End-use Industry
7.4.5.2.4. Market size and forecast, by Application
7.4.5.3. India
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Product Type
7.4.5.3.3. Market size and forecast, by End-use Industry
7.4.5.3.4. Market size and forecast, by Application
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Product Type
7.4.5.4.3. Market size and forecast, by End-use Industry
7.4.5.4.4. Market size and forecast, by Application
7.4.5.5. Australia
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Product Type
7.4.5.5.3. Market size and forecast, by End-use Industry
7.4.5.5.4. Market size and forecast, by Application
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Key market trends, growth factors and opportunities
7.4.5.6.2. Market size and forecast, by Product Type
7.4.5.6.3. Market size and forecast, by End-use Industry
7.4.5.6.4. Market size and forecast, by Application
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Product Type
7.5.3. Market size and forecast, by End-use Industry
7.5.4. Market size and forecast, by Application
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Product Type
7.5.5.1.3. Market size and forecast, by End-use Industry
7.5.5.1.4. Market size and forecast, by Application
7.5.5.2. Saudi Arabia
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Product Type
7.5.5.2.3. Market size and forecast, by End-use Industry
7.5.5.2.4. Market size and forecast, by Application
7.5.5.3. United Arab Emirates
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Product Type
7.5.5.3.3. Market size and forecast, by End-use Industry
7.5.5.3.4. Market size and forecast, by Application
7.5.5.4. South Africa
7.5.5.4.1. Key market trends, growth factors and opportunities
7.5.5.4.2. Market size and forecast, by Product Type
7.5.5.4.3. Market size and forecast, by End-use Industry
7.5.5.4.4. Market size and forecast, by Application
7.5.5.5. Rest of LAMEA
7.5.5.5.1. Key market trends, growth factors and opportunities
7.5.5.5.2. Market size and forecast, by Product Type
7.5.5.5.3. Market size and forecast, by End-use Industry
7.5.5.5.4. Market size and forecast, by Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Orica Ltd
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.2. hexagon ab
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.3. acoem
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.4. ShotTrack Pty Ltd
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.5. Stanley Black & Decker, Inc.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.6. GeoSonics/Vibra-Tech Inc.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.7. sigicom ab
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.8. elcometer
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.9. ids georadar
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.10. Finexplo Oy
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
List of Tables
Table 01. Global Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 02. Blast Monitoring Equipment Market for Blast Monitors, by Region, 2021-2031 (Revenue, $Million)
Table 03. Blast Monitoring Equipment Market for Real Time Dust Monitors, by Region, 2021-2031 (Revenue, $Million)
Table 04. Blast Monitoring Equipment Market for Dust Samplers, by Region, 2021-2031 (Revenue, $Million)
Table 05. Blast Monitoring Equipment Market for Visibility Monitors, by Region, 2021-2031 (Revenue, $Million)
Table 06. Global Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 07. Blast Monitoring Equipment Market for Defense, by Region, 2021-2031 (Revenue, $Million)
Table 08. Blast Monitoring Equipment Market for Chemicals, by Region, 2021-2031 (Revenue, $Million)
Table 09. Blast Monitoring Equipment Market for Mining and Connstruction, by Region, 2021-2031 (Revenue, $Million)
Table 10. Blast Monitoring Equipment Market for Oil and Gas, by Region, 2021-2031 (Revenue, $Million)
Table 11. Blast Monitoring Equipment Market for Others(Tunnels Roads), by Region, 2021-2031 (Revenue, $Million)
Table 12. Global Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 13. Blast Monitoring Equipment Market for Underground Mines, by Region, 2021-2031 (Revenue, $Million)
Table 14. Blast Monitoring Equipment Market for Surface Mining, by Region, 2021-2031 (Revenue, $Million)
Table 15. Blast Monitoring Equipment Market for Demolition, by Region, 2021-2031 (Revenue, $Million)
Table 16. Blast Monitoring Equipment Market for Detonation, by Region, 2021-2031 (Revenue, $Million)
Table 17. Blast Monitoring Equipment Market for Rock Blasting, by Region, 2021-2031 (Revenue, $Million)
Table 18. Blast Monitoring Equipment Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 19. Blast Monitoring Equipment Market, by Region, 2021-2031 (Revenue, $Million)
Table 20. North America Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 21. North America Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 22. North America Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 23. North America Blast Monitoring Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. U.S. Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 25. U.S. Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 26. U.S. Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 27. Canada Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 28. Canada Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 29. Canada Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 30. Mexico Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 31. Mexico Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 32. Mexico Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 33. Europe Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 34. Europe Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 35. Europe Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Europe Blast Monitoring Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 37. Germany Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 38. Germany Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 39. Germany Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 40. UK Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 41. UK Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 42. UK Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 43. France Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 44. France Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 45. France Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 46. Spain Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 47. Spain Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 48. Spain Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 49. Italy Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 50. Italy Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 51. Italy Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 52. Rest of Europe Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 53. Rest of Europe Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 54. Rest of Europe Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 55. Asia-Pacific Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 56. Asia-Pacific Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 57. Asia-Pacific Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 58. Asia-Pacific Blast Monitoring Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 59. China Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 60. China Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 61. China Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 62. Japan Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 63. Japan Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 64. Japan Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 65. India Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 66. India Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 67. India Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 68. South Korea Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 69. South Korea Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 70. South Korea Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 71. Australia Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 72. Australia Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 73. Australia Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 74. Rest of Asia-Pacific Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 75. Rest of Asia-Pacific Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 76. Rest of Asia-Pacific Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 77. LAMEA Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 78. LAMEA Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 79. LAMEA Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 80. LAMEA Blast Monitoring Equipment Market, by Country, 2021-2031 (Revenue, $Million)
Table 81. Brazil Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 82. Brazil Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 83. Brazil Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 84. Saudi Arabia Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 85. Saudi Arabia Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 86. Saudi Arabia Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 87. United Arab Emirates Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 88. United Arab Emirates Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 89. United Arab Emirates Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 90. South Africa Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 91. South Africa Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 92. South Africa Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 93. Rest of LAMEA Blast Monitoring Equipment Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 94. Rest of LAMEA Blast Monitoring Equipment Market, by End-use Industry, 2021-2031 (Revenue, $Million)
Table 95. Rest of LAMEA Blast Monitoring Equipment Market, by Application, 2021-2031 (Revenue, $Million)
Table 96. Orica Ltd.: Key Executives
Table 97. Orica Ltd.: Company Snapshot
Table 98. Hexagon Ab: Key Executives
Table 99. Hexagon Ab: Company Snapshot
Table 100. Acoem: Key Executives
Table 101. Acoem: Company Snapshot
Table 102. Shottrack Pty Ltd.: Key Executives
Table 103. Shottrack Pty Ltd.: Company Snapshot
Table 104. Stanley Black & Decker, Inc.: Key Executives
Table 105. Stanley Black & Decker, Inc.: Company Snapshot
Table 106. Geosonics/Vibra-Tech Inc.: Key Executives
Table 107. Geosonics/Vibra-Tech Inc.: Company Snapshot
Table 108. Sigicom Ab: Key Executives
Table 109. Sigicom Ab: Company Snapshot
Table 110. Elcometer: Key Executives
Table 111. Elcometer: Company Snapshot
Table 112. Ids Georadar: Key Executives
Table 113. Ids Georadar: Company Snapshot
Table 114. Finexplo Oy: Key Executives
Table 115. Finexplo Oy: Company Snapshot
List of Figures
Figure 01. Blast Monitoring Equipment Market, 2021-2031
Figure 02. Segmentation of Blast Monitoring Equipment Market, 2021-2031
Figure 03. Top Investment Pockets in Blast Monitoring Equipment Market (2022-2031)
Figure 04. Porter Five-1
Figure 05. Porter Five-2
Figure 06. Porter Five-3
Figure 07. Porter Five-4
Figure 08. Porter Five-5
Figure 09. Drivers, Restraints and Opportunities: Globalblast Monitoring Equipment Market
Figure 10. Impact of Key Regulation: Blast Monitoring Equipment Market
Figure 11. Market Share Analysis: Blast Monitoring Equipment Market
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Regulatory Guidelines: Blast Monitoring Equipment Market
Figure 15. Value Chain Analysis: Blast Monitoring Equipment Market
Figure 16. Blast Monitoring Equipment Market, by Product Type, 2021(%)
Figure 17. Comparative Share Analysis of Blast Monitoring Equipment Market for Blast Monitors, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of Blast Monitoring Equipment Market for Real Time Dust Monitors, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of Blast Monitoring Equipment Market for Dust Samplers, by Country 2021-2031(%)
Figure 20. Comparative Share Analysis of Blast Monitoring Equipment Market for Visibility Monitors, by Country 2021-2031(%)
Figure 21. Blast Monitoring Equipment Market, by End-use Industry, 2021(%)
Figure 22. Comparative Share Analysis of Blast Monitoring Equipment Market for Defense, by Country 2021-2031(%)
Figure 23. Comparative Share Analysis of Blast Monitoring Equipment Market for Chemicals, by Country 2021-2031(%)
Figure 24. Comparative Share Analysis of Blast Monitoring Equipment Market for Mining and Connstruction, by Country 2021-2031(%)
Figure 25. Comparative Share Analysis of Blast Monitoring Equipment Market for Oil and Gas, by Country 2021-2031(%)
Figure 26. Comparative Share Analysis of Blast Monitoring Equipment Market for Others(Tunnels Roads), by Country 2021-2031(%)
Figure 27. Blast Monitoring Equipment Market, by Application, 2021(%)
Figure 28. Comparative Share Analysis of Blast Monitoring Equipment Market for Underground Mines, by Country 2021-2031(%)
Figure 29. Comparative Share Analysis of Blast Monitoring Equipment Market for Surface Mining, by Country 2021-2031(%)
Figure 30. Comparative Share Analysis of Blast Monitoring Equipment Market for Demolition, by Country 2021-2031(%)
Figure 31. Comparative Share Analysis of Blast Monitoring Equipment Market for Detonation, by Country 2021-2031(%)
Figure 32. Comparative Share Analysis of Blast Monitoring Equipment Market for Rock Blasting, by Country 2021-2031(%)
Figure 33. Comparative Share Analysis of Blast Monitoring Equipment Market for Others, by Country 2021-2031(%)
Figure 34. Blast Monitoring Equipment Market by Region, 2021
Figure 35. U.S. Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 36. Canada Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 37. Mexico Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 38. Germany Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 39. UK Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 40. France Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 41. Spain Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 42. Italy Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 43. Rest of Europe Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 44. China Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 45. Japan Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 46. India Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 47. South Korea Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 48. Australia Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 49. Rest of Asia-Pacific Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 50. Brazil Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 51. Saudi Arabia Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 52. United Arab Emirates Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 53. South Africa Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 54. Rest of LAMEA Blast Monitoring Equipment Market, 2021-2031 ($Million)
Figure 55. Top Winning Strategies, by Year
Figure 56. Top Winning Strategies, by Development
Figure 57. Top Winning Strategies, by Company
Figure 58. Product Mapping of Top 10 Players
Figure 59. Competitive Dashboard
Figure 60. Competitive Heatmap: Blast Monitoring Equipment Market
Figure 61. Top Player Positioning, 2021
Executive Summary
According to the report titled, 'Blast Monitoring Equipment Market,' the blast monitoring equipment market was valued at $253.30 million in 2021, and is estimated to reach $412.7 million by 2031, growing at a CAGR of 5.2% from 2022 to 2031.Blasting activities at the mining sites are monitored using a blast monitoring system. By automating drilling and blasting processes, the most modern blast technology enables mine owners to improve productivity and free up resources. Implementation of more precise and technologically aided drilling and blasting operations is required to reduce the amount of time miners spend doing manual chores and to boost mining site safety.
Key factors driving the growth of the blast monitoring equipment market include an increase in development in blast monitoring equipment and a increasing use of the equipment in the mining industry. The mining sector is the main user of blast monitoring devices. To increase worker safety and minimize the damage mining activities bring to the environment, some laws and regulations have been developed by governing authorities. For instance, the Surface Mining Control and Reclamation Act (SMCRA) of the U.S. encourages the adoption of more advanced blasting techniques to reduce the danger and damage to the general population and property. All these factors are projected to boost the market growth during the forecast period.
An increase in the use of automated condition monitoring technologies and growing awareness of preventive maintenance are two major factors expected to create growth opportunities in the global market. The need for blast monitoring equipment has increased owing to the rise in the number of applications requiring blast monitoring driven by global industrialization. The market for blast monitoring equipment is expected to have growth opportunities owing to an increase in demand from new applications including heating, ventilation, and cooling as well as infiltration in industries. The primary function of blast monitoring equipment in industries is to keep track of process parameters like temperature, pressure, voltage, current, flow, or speed and to send out warnings whenever a process parameter exceeds a predefined range. These factors are projected to create numerous growth opportunities for the key players operating in the blast monitoring equipment market during the forecast period.
In contrast to the most often used tool, such as accelerometers, non-contact, precise, and fast detection solutions have been developed as a result of technological developments and enhanced sensor technology. The demand for blast monitoring equipment has steadily increased as diagnostic equipment becomes standard which is driving the global blast monitoring market.
The blast monitoring equipment market is segmented into product type, end-use industry, application, and region. On the basis of product type, the market is classified into blast monitors, real time dust monitors, dust samplers, and visibility monitors. Improved blasting methods in both underground and surface mining have been demonstrated by blast monitors. The blast record comprises a variety of data that can be used to evaluate how well a vibration performed. It is possible to identify the charge of the blast recorders that produces the highest vibration levels and which is more likely to be in charge of the breakage and damage. It is possible to quantify the impacts of charge weight, charge length, and explosive power. During the projected period, these are anticipated to be the main variables affecting the market size for blast monitoring equipment.
On the basis of end-use industry, it is divided into defense, chemicals, mining & construction, oil & gas, and others. On the basis of application, it is classified into underground mines, surface mining, demolition, detonation, rock blasting, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, Italy, France, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, United Arab Emirates, South Africa, and rest of LAMEA).
The key players profiled in the study include Orica, Acoem, ECOTECH PTY LTD, Hexagon AB, Core Lithium, and Maine Drilling and Blasting. The major players in the market have been actively engaged in the adoption of various Strategies such as acquisition, product launch, and expansion to remain competitive and gain an advantage over the competitors in the market. For instance, in May 2022, The Fortis Protect series of bulk explosives, successfully developed by Orica, will reduce the risk of nitrate leaking during blasting operations.
Key Market Insights
By product type, the blast monitors segment was the highest revenue contributor to the market in 2021. However, the real time dust monitors segment is estimated to be the fastest growing during the forecast period.By end-use industry, the mining & construction segment dominated the global market in 2021 and is estimated to be the fastest growing during the forecast years
Based on application, the underground mines segment was the highest revenue contributor to the market in 2021. However, the surface mining segment is projected to be the fastest growing during the forecast period.
Based on region, Asia-Pacific was the highest revenue contributor to the market in 2021, accounting for a market size of $101.8 million
Companies Mentioned
- Orica Ltd
- hexagon ab
- acoem
- ShotTrack Pty Ltd
- Stanley Black & Decker, Inc.
- GeoSonics/Vibra-Tech Inc.
- sigicom ab
- elcometer
- ids georadar
- Finexplo Oy
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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