(EnergyIndustry.Net, January 12, 2018 ) Mining can be defined as the extraction of minerals and non-renewable resources such as natural gas, petroleum, limestone, coal, and many more. Mining also includes the extraction of metals, coal, oil shale, gemstones, limestone, chalk and others. Increasing demand for metal and mineral commodities and increasing consumption of natural resources, such as coal, diamond, and uranium is fueling the growth of mining equipment.
The major driver influencing the growth of mining equipment is the high performance equipment, increasing usage of coal and growth in demand for resource exploration, whereas high cost associated with the mining equipment can act as a restraining factor in the market. Increasing constructions of roads and railway tracks will presents various opportunity in the market in the coming years.
The “Mining Equipment Market Analysis to 2025” is a specialized and in-depth study of the mining equipment industry with a focus on the global market trend. The report aims to provide an overview of global mining equipment market with detailed market segmentation by type, application and geography. The global mining equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Mining Equipment Market Players: 1. Caterpillar Inc.
2. Komatsu Ltd.
4. Joy Global
5. Hitachi Co. Ltd.
6. Atlas Copco
7. AB Volvo
8. Doosan Group
10. Liebherr Group
Key Questions Answered In This Report
– What will the market size be in 2025 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?
About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.