Global Mining Equipment Market Analysis 2021 Forecasts To 2026
Research Reports
Jan 15, 2021
Mining Equipment Industry
Description
According to Stratistics MRC, the Global Mining Equipment market is expected to grow from $96.58 billion in 2015 to reach $181.76 billion by 2022 with a CAGR of 9.5%. Increasing mining activities to get minerals, metals, and coal is the main factor propelling the market growth during forecast period. Furthermore, increasing demand for coal to generate electricity, adoption of new technological mining equipments are the factors boosting the market growth. On the other hand, raising raw material costs, stringent government policies are the constraints limiting the market growth. By application, metal mining segment commanded the largest market share. North America is anticipated to hold the largest share in global market due to the availability of natural gas reserves in U.S. Asia Pacific is anticipated to be a fastest growing region.
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Some of the key players in global mining equipment market include
AB Volvo, Astec Industries, Atlas Copco, Caterpillar Inc., Doosan Infracore, Famur, Hitachi Co. Ltd., Joy Global, Komatsu Ltd., Liebherr Group, Metso Corporation, Sandvik AB, and ThyssenKrupp.
Equipment Types Covered:
• Crushing, pulverizing & screening equipment
• Mining drills and breakers
• Mineral Processing Equipment
• Underground mining equipment
• Surface mining equipment
• Other Equipments
Applications Covered:
• Mineral mining
• Metal Mining
• Coal mining
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Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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About the Author :
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.
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