DUBLIN--(BUSINESS WIRE )--The "Global Auger Drilling Market (2021-2026) by Type, Structure, Design, Mounting, End User, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Auger Drilling Market is estimated to be USD 1.8 Bn in 2021 and is expected to reach USD 2.75 Bn by 2026, growing at a CAGR of 8.85%.

The factors flourishing the market growth are increasing auger drilling machines because it offers a cost-effective and well-organized solution for drilling.

The cumulative infrastructure projects and fast growth of mines provide beneficial opportunities for the market player of the auger drilling market. The building of sewer lines and oil & gas pipelines are broad applications of the auger drilling market likely to boost the growth. Due to its low cost, auger drilling is widely utilized in the mining sector.

The unsafe work environment and limited skilled staff for auger drilling factors may hamper the market's growth if not taken care of. In addition, laws & guidelines in various established nations for worker's security in unsafe surroundings are anticipated to hinder market growth.

Some of the companies covered in this report are Sollami Company, Sysbohr GmbH, Terex Corporation, The Toro Company, Total Drilling Supply LLC, VidaXL International B.V..

For more information about this report visit https://www.researchandmarkets.com/r/4re5b0

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900