Skip to main content

Mining Equipment Market Share, Size, Trends, Growth, And Industry Forecast Report 2017 To 2022: Credence Research

According to a new market report published by Credence Research Inc “Mining Equipment Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,”  the growth of mining equipment market is strongly depends on economic conditions, demand for minerals, and number of mining projects.
The global mining equipment market is expected to see a significant growth though the forecast period 2015 – 2022 with improving economic conditions and rising mining activities across the world. In addition, stringent mandatory regulations are forcing mining companies to replace their outdated to improve mining process and labors’ safety. Advanced mining equipment reduces need of manpower and improves the efficiency of mining process which is influencing the demand for these equipments.
Browse Full Mining Equipment Market - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022 Report At : http://www.credenceresearch.com/report/mining-equipment-market
Based on product type, surface mining equipment accounted for the largest revenue share in 2015. The demand for surface mining equipment is expected to grow steadily with rising demand for precious mines. We have considered bulldozers, loaders, dumping trucks, service trucks and other maintenance equipment to estimate the market size surface mining equipment. Underground equipments are expected to see the fastest growth compared to other product categories. This growth is primarily attributed to rising adoption of energy efficient mining equipment across the world due stringent energy efficiency regulations.
We have classified the global mining equipment market into coal, metal and mineral based on its end-use application segments. Metal mining is the largest application segment for mining equipment and expected to maintain its dominating position with rising demand precious metals such as gold, platinum and silver. In addition, complex and large scale operation are forcing metal mining companies to deploy advanced mining equipment to improve operating efficiency and reduce operating costs. Coal is major source of electricity and heat generation. The demand for mining equipment is rising steadily with improving economic conditions and rising demand for electricity across the globe.
Asia Pacific is the largest regional market in the global mining equipment market. Asia Pacific is expected to maintain its dominating positions throughout the forecast period with rising demand from China and India. Asia Pacific also expected to see the fastest growth for mining equipment during the forecast period. North America and Europe are expected to grow at a steady rate with improving output of metal mining sector.
The global mining equipment industry is concentrated with large number of recognized multinational players. Some major players in the global mining equipment industry include Caterpillar Inc., Hitachi Construction Machinery, Komatsu Limited, Atlas Copco AB and Sandvik AB. Global players are facing competition from low cost Chinese manufacturers such as China National Coal Mining Equipment, Northern Heavy Industries Group and Zhengzhou Coal Mining Machinery Group.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Mining Equipment Market
2.2 Global Mining Equipment Market, By Product
2.3 Global Mining Equipment Market, By Application
2.4 Global Mining Equipment Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Mining Equipment Market Revenue and Growth, 2013 – 2022, (US$ Bn) (Thousand Units)
3.2 Key Market Trends and Future Outlook
3.2.1 Evolution of Mining Equipment Technology
3.2.2 Recent Trends
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.6.1 Impact Analysis of Drivers and Restraints
3.7 Value Chain Analysis
3.8 Market Penetration Scenario, 2015
3.9 Competitive Analysis
3.9.1 Market Positioning of Key Vendors
About Us:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
Contact:
Name: Chris Smith
Designation: Global Sales Manager
Ph: 1-800-361-8290

Comments

Popular posts from this blog

Electronic Access Control Market By End-Use - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2024

According to a new market research report published by Credence Research “Electronic Access Control Market (By System Component – Hardware: Electronic Locks, Readers, Access Cards, Control Panels, Access Control Servers; Access Control Management Software; Services: Implementation, Integration and Maintenance Services, and ACaaS) - Growth, Future Prospects, Competitive Analysis and Forecast 2016 - 2024”, the global electronic access control market stood at US$ 4,673.1 Mn in 2015 and is estimated to expand with a CAGR of 9.3% from 2016 to 2024. The complete report is available at http://www.credenceresearch.com/report/electronic-access-control-market Market Insights The electronic access control market has been majorly driven by increasing need to achieve enhanced physical and data security at various residential, commercial, industrial and government and defense facilities. With increasing vulnerabilities in data security and rising need to secure data centers, electronic access contro…

Global Wearable Medical Devices Market is Expected to Reach US$ 22,754.6 Mn by 2025: Credence Research

The latest market report published by Credence Research, Inc. “Wearable Medical Devices Market - Growth, Future Prospects, Competitive Analysis, 2017 - 2025,” the global wearable medical devices market was valued at US$ 4,400.7 Mn in 2016, and is expected to reach US$ 22,754.6 Mn by 2025 expanding at a CAGR of 17.09 % from 2017 to 2025. Browse the full report Wearable Medical Devices Market - Growth, Future Prospects, Competitive Analysis, 2017 – 2025 report athttp://www.credenceresearch.com/report/wearable-medical-devices-market Market Insights: According to the World Health Organization report, in 2012, non-communicable diseases were responsible for death of 38 million people, which is 68% of the world’s 56 million deaths. Approximately 16 million deaths were under 70 years of age, these premature deaths are preventable if there is rising public health awareness, inclination for physical activity and preference for more healthy diet. The technocommerical industry has addressed to thi…

Global Aerospace Composites Market Is Expected To Reach US$ 36.20 Bn By 2025: Credence Research

The latest market report published by Credence Research, Inc. “Aerospace Composites Market, By Fiber Type (Carbon Fiber, Glass Fiber, Aramid, and Others), By Application (Interior and Exterior Application), By Resin type (Epoxy, Phenolic, Polyester, Polyamide, and Thermoplastics) and By Region (North America, Europe, Asia Pacific, Latin America, & Middle East & Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global aerospace composites market was valued at US$ 18.5 Bn in 2016, and is expected to reach US$ 36.20 Bn by 2025, expanding at a CAGR of 8.5% from 2017 to 2025. Browse the full Aerospace Composites Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/aerospace-composites-market Market Insights Aerospace industry has now switched to composite from plastics due to their attractive mechanical and chemical properties. Aerospace composites finds its application in commercial &am…