Report Description Table of Contents The air core drilling market was worth USD 1.80 billion in 2023 and will be worth USD 2.91 billion by 2030, growing at a CAGR of 6.2% during the forecast period. The Air Core Drilling market is growing due to the rising need to explore minerals and efficient drilling methods utilized in mining and construction. As the demand for metallic and non-metallic minerals such as gold and lithium is estimated to rise by 10-15% annually worldwide, air core drilling is becoming popular because of its efficiency, relative cheapness, and the inverse impact on the environment than other more conventional methods. For instance, air core drilling is applied in Australia to explore gold deposits as this technique allows the execution of faster and deeper holes in massive terrains. Other recent advancements include enhanced features in air core drilling rigs through advanced technologies to increase the accuracy of the machinery, drilling and data collection that cuts down on the time needed to complete the process. There is also a rise in consciousness towards sustainability in mining and the requirement for more accurate geological info in mineral exploration to boost the use of air core drilling methods in different regions. The Air Core Drilling market has promising opportunities as the global exploration and production of copper, gold, and lithium linger, driven by the shift to green energy and the EV boom. As global electric vehicle sales are predicted to rise by about 40% yearly, lithium and other battery minerals are in high demand, presenting possibilities for air core drilling, a more efficient, cheaper, and less invasive exploration method. Innovations include applying air core drilling technology in Africa and South America, which has a large virgin resource base attracting investors' serious attention. Advanced, lighter air core drilling machinery with GPS enables real-time data analysis, leading to better exploration and lower expenses as optimal for companies interested in large-scale operations, occasionally at the expense of soil flora and fauna in the drilling vicinity. This increase in exploration, especially in areas with rugged terrain, provides an increased opportunity to use air-core drilling technologies. Market Segmentation By Application: Mineral Exploration Water Well Drilling Soil Remediation Construction By Component: Drill Bits Drill Rods Support Equipment By End-User Industry: Mining Construction Environmental Oil & Gas By Drilling Type: Shallow Drilling Deep Drilling By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Australia holds the largest market share in Air Core Drilling due to its large mineral resources base, and the country is at the forefront of the exploration of minerals, especially gold, lithium, and other metals. Australia has taken the lion's share of lithium production by producing more than 40% globally due to the increasing use of batteries in electric vehicles. Air core drilling is popular among the mines of Australia due to exploration in hard and easy areas and is proven to be fast, cheap, and non-destructive to the environment. These changes include rising interest in lithium and gold production in Australia, particularly in Western Australia where companies are employing air core drilling methods to analyze deeper and larger geological structures this year. Emphasis on low-impact and high-recovery drilling techniques in mineral-rich zones enhances Australia’s position as the overwhelmingly dominant player in the air core drilling industry. Key Players Schlumberger Limited Halliburton Weatherford International Baker Hughes Ausdrill Limited Ranger Drilling Boart Longyear Major Drilling Group International Inc. Perenti Global Limited Master Drilling Frequently Asked Question About This Report . Table of Contents 1. AIR CORE DRILLING MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. AIR CORE DRILLING MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – AIR CORE DRILLING MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Drilling Type of Air Core Drilling and End Use Outlook Analysis 4. HISTORIC TRENDS IN AIR CORE DRILLING MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA AIR CORE DRILLING MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Air Core Drilling Historical Market ($MILLION), (2017 – 2023) 6.2. North America Air Core Drilling Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Drilling Type 6.3.1. Shallow Drilling 6.3.2. Deep Drilling 6.4. North America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 6.4.1. Drill Bits 6.4.2. Drill Rods 6.4.3. Support Equipment 6.5. North America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User Industry 6.5.1. Mining 6.5.2. Construction 6.5.3. Environmental 6.5.4. Oil & Gas 6.6. North America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.6.1. Mineral Exploration 6.6.2. Water Well Drilling 6.6.3. Soil Remediation 6.6.4. Construction 6.7. North America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA AIR CORE DRILLING MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE AIR CORE DRILLING MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Air Core Drilling Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Air Core Drilling Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Drilling Type 8.4. Europe Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 8.5. Europe Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User Industry 8.6. Europe Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.7. Europe Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC AIR CORE DRILLING MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Air Core Drilling Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Air Core Drilling Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Drilling Type 9.4. APAC Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 9.5. APAC Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User Industry 9.6. APAC Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.7. APAC Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA AIR CORE DRILLING MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Air Core Drilling Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Air Core Drilling Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Drilling Type 10.4. Latin America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Component 10.5. Latin America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User Industry 10.6. Latin America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.7. Latin America Air Core Drilling Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. SCHLUMBERGER LIMITED 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Halliburton 11.3. Weatherford International 11.4. Baker Hughes 11.5. Ausdrill Limited 11.6. Ranger Drilling 11.7. Boart Longyear 11.8. OTHER MARKET PLAYERS