Deep Hole Drilling Machines Market Size – Global Industry Analysis, Market Size, Opportunities and Forecast 2021 – 2028

The worldwide deep hole drilling machines market accounted for US$ 627 Mn in 2020 and is expected to reach US$ 995 Mn by 2028 with a considerable CAGR of 6% during the forecast period of 2021 to 2028.

A deep hole drilling machine is a metal cutting machine that can drill very deep, precious holes into almost any metal. Deep hole drilling machines allow specific tools, such as gun drills and BTA, to be used to boost the deep hole drilling operations for manufacturing. Machines are designed to incorporate the technology used by those tools and optimize all aspects of the process so that deep holes can be drilled with accuracy, reliability, and efficiency. Deep hole drilling equipment are suitable for a variety of sizes do deep holes and production rates and are required for holes with a depth-to-diameter ratio of 20:1 or greater.

Driver

Increasing demand for automotive parts is driving the market growth

Rising benefits in the manufacturing of surgical tooling and medical implants are propelling the market growth

Restraint

The lack of skilled labor is likely to stymie the growth of the deep hole drilling machines market

Opportunity

Increased automation adoption, advancements in manufacturing processes, as well as the growing need to improve end-product quality and achieve high productivity are expected to provide lucrative growth opportunities for deep hole drilling machines market participants.

Report Coverage: 

Auto manufacturing benefits from deep hole drilling

The auto industry's future is intriguing but uncertain. Nobody knows how completely, or quickly electric vehicles will replace diesel and gasoline vehicles, or when it will happen in passenger cars rather than SUVs and heavy vehicles. Thus, technology developed for high-performance vehicles years ago is now becoming accepted. However, deep hole drilling is one superior manufacturing technology that enables the low-cost production of key aspects of those performance-enhancing automotive parts. Liquid sodium flows and draws heat from the valve head through holes drilled the length of the valve stem in sodium-filled valves, for example. Precision deep hole drilling procedures can be used to create hollow and energy-efficient camshafts. As a result, the main drivers of deep hole drilling machine design are flexibility and spindle utilization.

Market Segmentation

Market By Type

• BTA Machines
• Gun Drilling Machines
• Skiving & Burnishing Machines

Based on the type, the BTA machines segment is expected to have the largest deep hole drilling machines market share over the forecast period. BTA drilling uses a specialized drilling tool attached to a long drill tube to create deep holes in metal, with diameters ranging from 20 mm [0.80 in] and up to depth-to-diameter ratios of 400:1. BTA drilling is the most efficient method of drilling deep holes because it is a cleaner, more reliable, and more capable process than regular twist drills and it can achieve larger diameters and higher feed rates than gun drilling. Furthermore, due to the tool design, more efficient chip exhaust, and machine design and power, BTA drilling can reach 5-7 times faster drill rates as compared to gun drilling at the same diameter.

Market By Operation

• CNC
• Non-CNC

CNC drilling is a type of machining that uses a rotating cutting tool to create round holes in any stationary workpiece. The holes are typically drilled to accommodate machine screws or bolts used in assembly. Drilling machines equipped with CNC technology can produce holes with extremely close tolerances to the original design file. Furthermore, CNC drilling units can be used on a variety of materials, including metal, plastic, and any natural materials. Additionally, they can also be used to make a variety of holes due to their ability to accommodate multiple drill bits.

Market By End-User

• Oil & Gas
• Medical
• Aerospace
• Automotive
• Construction & Mining Equipment
• Energy
• Die & Mold
• Military & Defense
• Others

Deep hole drilling machines are essential in the production of aerospace components. Exotic materials such as Inconel and titanium alloys require highly accurate deep hole drilling in the aerospace industry. In recent years, UNISIG has expanded its product line to include deep hole drilling machines that can handle these materials with precision, as well as unusually shaped aerospace components. These machines are designed with features that allow them to perform precision and efficient aerospace drilling. This trend is primarily driven by the aerospace industry, where many high-value components, particularly landing gear, necessitate deep hole machining.

Market By Business Type

• Original Equipment Manufacturer (OEM)
• Aftermarket

Original equipment manufacturer (OEM) means that the parts are manufactured by the same company that manufactures the machine. However, aftermarket parts are formed by a different company and are frequently designed to be well-suited with as many different products and models as possible. Aftermarket parts do not always fit as well as OEM parts due to design differences and sizing errors. One reason aftermarket parts are less expensive is that they are not always made of the same high-quality materials as OEM parts. These inferior materials can cause aftermarket parts to fail, thus the OEMs are driving the market.

Deep Hole Drilling Machines Market Regional Overview

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Latin America

• Brazil
• Mexico
• Rest of Latin America

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa