(EnergyIndustry.Net, June 04, 2021 ) Coal mining companies are using 3D mine visualizers to obtain a real-time digital model of a mine. A 3D mine visualizer generates a three-dimensional model of the mine layout and transfers it directly to the operator. 3D mine visualizers significantly enhance the productivity of large mining environments. Companies such as Sandvik and Komatsu are offering 3D visualizer systems to the coal mining industry.
The coal market consists of sales of coal by entities (organizations, sole traders and partnerships) that mine bituminous coal, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. The coal mining industry also develops coal mine sites, and improves coal, including cleaning, washing, screening, and sizing of coal.
Coal Market Report Segments:
1) By Type: Bituminous Coal, Sub-Bituminous Coal
2) By End-User Industry: Electricity, Steel, Cement, Others
3) By Mining Technology: Surface Mining, Underground Mining
The global coal market is expected to grow from $705.8 billion in 2020 to $786.64 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $962.88 billion in 2025 at a CAGR of 5%.
Coal Global Market Report 2021: COVID-19 Impact And Recovery To 2030 is one of a series of new reports from The Business Research Company that provide market overviews, analyze and forecast market size and growth for the whole market, segments and geographies, trends, drivers, restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Coal Mining Support Activities Global Market Report 2021: COVID-19 Impact And Recovery To 2030
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