Press release
Global Surface Mining Equipment Market Will Hit At CAGR Of 3.24% During Years 2017-2021
Surface mining is a popular method of mining and is practiced worldwide because of its advantages over underground mining. Major advantages of surface mining include: Can recover up to 100% of the mining resources within mining excavation, and Cheaper than underground mining. Surface mining uses heavy equipment, such as excavators, large hydraulic excavators, mining trucks, hydraulic mining shovels, and rotary drills, to remove the overburden. It then makes use of mining equipment, such as dragline, to extract minerals.
Technavios analysts forecast the global surface mining equipment market to grow at a CAGR of 3.24% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global surface mining equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Surface Mining Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Atlas Copco
Caterpillar
Komatsu
LARSEN & TOUBRO
Sandvik
Other prominent vendors
Hitachi Construction Machinery
Vermeer
JCB
Vale
XCMG
Terex
SANY GROUP
Metso
Kobelco Construction Machinery
AB Volvo
Deere
WIRTGEN GROUP
Market driver
Rise in demand for housing projects globally
For a full, detailed list, view our report
Market challenge
Environment regulations for mining activities
For a full, detailed list, view our report
Market trend
Environment-friendly mining activities
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
Market overview
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by application
Market overview
Global surface mining equipment market by strip mining
Global surface mining equipment market by open-pit mining
Global surface mining equipment market by mountaintop removal mining
Market overview
PART 07: Market segmentation by Geography
Surface mining equipment market in APAC
Surface mining equipment market in Americas
Surface mining equipment market in EMEA
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Environment-friendly mining activities
Eco-efficient mining process
Integration of IoT in surface mining equipment for remote monitoring
PART 11: Vendor landscape
Competitive scenario
Other prominent vendors
PART 12: Key vendor analysis
Atlas Copco
Caterpillar
Komatsu
LARSEN & TOUBRO
Sandvik
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