Impact Of Utility Locating Technology Is Fastest Growing Segment Fueling The Growth Of Dirt Hole Auger Market
The global Dirt Hole Auger Market is estimated to be valued at US$ 442.4 Mn or Million in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Dirt hole augers are used for excavating holes in the ground for utilities infrastructure, construction work, landscaping and irrigation projects. They are very effective tools capable of digging holes up to 12 feet deep and 24 inches wide in various soil conditions like clay, dirt and rocks. They come in manual, hydraulic and pneumatic operation options.
Market key trends:
One of the key trends in the dirt hole auger market is the increasing adoption of utility locating technologies before excavation work. Utility locating involves using detecting devices to accurately identify the underground position of pipes, cables and other utility lines to avoid accidental damage during digging. As underground utility infrastructure gets more complex, accurate pre-work detection has become important for safety and to prevent costly repairs. Utility locating helps contractors efficiently plan excavation routes and depths using dirt hole augers. This trend is expected to drive demand for durable and precise digging equipment like augers.
Segment Analysis
The dirt hole auger market is segmented by hole diameter, drilling method, and design. Among diameters, the 18-24 inches segment dominates the market as tools of this diameter are suitable for drilling drainage holes and small foundation holes for residential and commercial construction.
Key Takeaways
The Global Dirt Hole Auger Market Growth is expected to witness high growth, exhibiting a CAGR of 7.9% over the forecast period, due to increasing construction activities.
Regional analysis
North America dominates the dirt hole auger market with the largest market share due to increased demand from residential and commercial construction projects in the region. The Asia Pacific region is expected to grow at the fastest rate due to rising infrastructure and construction activities in emerging countries like China and India.
Key players
Key players operating in the dirt hole auger market are Eversman Corporation, ABI Equipment, TEXOMA Augers, Agritech, Morris Industries, G P Industries, Tricon Manufacturing, Agri Drill, Avant Tecno, Caterpillar, Paladin Power, Auger Torque, Little Beaver, Danuser, Blue Diamond Attachments, Erskine Attachments, Macfarlane Augers, Terex, Bobcat, Dando Drilling International.
The global dirt hole auger market size is expected to reach US$ 442.4 Mn by 2023. North America currently dominates the market due to increased demand from residential and commercial construction projects in the region. Key players like Eversman Corporation offer a wide range of augers suitable for drilling different sizes of holes. The 18-24 inches auger segment dominates the market as tools of this diameter are suitable for common construction activities. With rising infrastructure development, the Asia Pacific region is projected to experience the highest growth over the forecast period.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
