Mining Equipment Market trends research and projections for 2016 – 2024

1
Mining Equipment Market share research by
applications and regions for 2016 2024
2
Global Market Scenario of Furfural Industry

• Global Mining Equipment Market is witnessing many
  twists and turns since the past decade with the
  constant involvement of modern technology to
  enhance the quality of operation. Machine failure
  detectors, real-time monitoring, and open pit
  mining are the some of the hi-tech integrations
  fueling the smart mining solutions. The growing
  trend of using multifunction machinery instead of
  single function counter parts is also expected to
  positively influence the overall market
  expansion.
• Another vital factor which is pushing mining
  equipment industry worldwide is the surging need
  to extract mines from lower grade ores and to
  cope with the remote locations. The constant
  effort by the key market players to address these
  major issues for enhancing the productivity and
  overall efficiency has resulted in automation and
  product innovation.
• Mining equipment industry has observed
  significant growth in two application
  sectors-metal mining and coal mining. In 2015,
  metal mining equipment market surpassed a revenue
  of USD 29 billion and is anticipated to grow
  exponentially in the upcoming period with an
  annual growth rate of 5 over the timespan
  2016-2024.

3
Continue

• Mining equipment industry from coal mining has
  also developed over the recent years, in the
  transition from manually extracting the coal on
  carts to economical open cut long wall mines. The
  massive progression can be credited to the rising
  electricity requirement to feed the growing
  population.
• Reasons to Buy This Report
• 1. Mining Equipment Market size share
  forecast by product application, 2016-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Mining Equipment Market growth
  opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Surface mining and underground mining are two
  basic techniques adopted for extraction. Today,
  surface mining being more predominant, surface
  mining equipment market has evolved robustly. It
  had a revenue share of more than 35 of the total
  volume in 2015 and is slated to show heavy growth
  at a CAGR of 3.4 over 2016-2024. Rising trend of
  exploration of untapped resources specially
  across developing nations is expected to offer
  ample opportunities to the market over the years
  ahead.
• Asia Pacific is one of the prominent regions
  propelling the overall market with a collected
  revenue of more than USD 40 billion in 2015.
  Increasing concerns toward workers safety,
  strong demand for energy efficient technologies,
  and environmental considerations are the key
  factors driving the China mining equipment
  industry over the 2016-2024.

4
For Customization as per your requirement please
click_at_ http//bit.ly/2zvsBGH
Research Methodology
5

Latest Research Report On Mining Equipment
Market_at_ http//bit.ly/2djG5tE Request Table of
Contents of this report_at_ http//bit.ly/2yiDR5T
For Customization in this report
click_at_ http//bit.ly/2zvsBGH
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You