Mining Equipment Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024 Mining is the process of extracting coal, metals, oil, minerals, and water from the earth. Other valuable products such as diamond, gold, uranium, and ruined geological deposits are also being mined from the earth using various mining equipment. Some of the major mining equipment mostly used during the digging process includes dozers, excavators, loaders, earthmovers, drills, dump trucks, graders, and scrapers. Rise in construction and real estate has increased mining activities throughout the globe, supplementing the demand for technologically advanced mining equipment. Browse Complete Report @: https://www.variantmarketresearch.com/reportcategories/energy-mining-/mining-equipment-market
Rising demand for metal and mineral commodities, and increase in consumption of natural resources such as petroleum, diamonds, and gold, are the major factors driving the global mining equipment market. Moreover, increased demand for fertilizers in cultivation of crops has also fueled the market growth. However, high maintenance cost and strict government regulations would hamper the market growth. Increasing
construction of road and railway tracks and fueling demand for coal in generating electricity would generate new business opportunities for the market in near future. Get Sample Copy Of This Report @: http://bit.ly/2qqbhuK The mining equipment market is segmented by type, application and geography. By type, the market is bifurcated into surface mining equipment, underground mining equipment, mineral processing equipment, mining drills & breakers, crushing, pulverizing, & screening equipment, and others. In terms of application, the market is categorized into metal mining, coal mining, and mineral mining. Geographically, the market is segmented into North America, Europe, Asia Pacific and Rest of the world. Companies profiled in the report are Caterpillar Inc., Metso, Komatsu Ltd., AB Volvo, Sandvik, Joy Global, Hitachi Co. Ltd., Atlas Copco, Liebherr Group, and Doosan Group. Scope of Mining Equipment Market Type Segments •
Surface mining equipment
•
Underground mining equipment Mineral processing equipment Mining drills & breakers Crushing, Pulverizing, & Screening equipment Others
• • • •
Application Segments • •
Metal mining Coal mining
•
Mineral mining
Geographical Segments •
North America o US o Canada
Mexico Europe o Germany o France o United Kingdom o Spain o Others Asia-Pacific o China o India o
•
•
o
Japan
o
South Korea Others
o •
RoW o o o
South America Middle East Africa
Market Players •
•
Caterpillar Inc. Metso Komatsu Ltd. AB Volvo Sandvik Joy Global Hitachi Co. Ltd. Atlas Copco Liebherr Group
•
Doosan Group
• • • • • • •
Contact Us : VARIANT MARKET RESEARCH LLP Web: https://www.variantmarketresearch.com/ USA Office: 649 Mission St., 5th Floor, San Francisco, CA 94105, United States. Tel: +1-415-680-2785 Fax: +1-415-680-2786 Email: help@variantmarketresearch.com India Office (Corporate Headquarter): Office No. FL No.7, Prakash Developers, Survey no 34/A5, Wadgaon Sheri, Nagar Road, Pune – 411014 Tel: +91 20 65337795