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Global Underground Mining Equipment market is growing at a CAGR of 6.8% during 2018-2025

07-10-2018 12:35 PM CET | Industry, Real Estate & Construction

Press release from: QYresearchreports

Global Underground Mining Equipment market is growing at a CAGR

Qyresearchreports include new market research report "Global Underground Mining Equipment Market Professional Survey Report 2018" to its huge collection of research reports.

Underground Mining Equipment is the mining equipment used in the underground. Underground mining is a technique used to access ores and valuable minerals in the ground by digging into the ground to extract them.
Underground mining involves mineral production by extracting natural resources such as metals, coal, and minerals, including iron ore, titanium, bauxite, and copper, and various non-metallic products from beneath the earths surface. The mining methods required for underground extraction are selected based on parameters such as geographical conditions, spatial and geometric characteristics, the economic value of ore, estimated operational costs, and availability of raw materials. Globally, APAC region generates the highest consumption value, followed by the North America, Europe, South America and Africa. The growing mining activities in developing countries of APAC such as China, India, and Australia, are the major factors influencing the growth of the market. Also, the growing demand from coal industry will drive the underground mining equipment market.
The coal mining sector was the highest revenue generator with over 40.21% market share in 2016, and this growth will continue through the forecast period. The energy industry is a significant end-user of mined coal products, as coal being a vital resource for energy production. Also, following the rapid growth in urbanization and industrialization, the demand for power generation has increased, thus triggering coal mining activities.
The global Underground Mining Equipment market is valued at 17300 million US$ in 2017 and will reach 27400 million US$ by the end of 2025, growing at a CAGR of 6.8% during 2018-2025.

Get Complimentary Research Summary Of The Report: https://www.qyresearchreports.com/sample/sample.php?rep_id=1852037&type=S

The major manufacturers covered in this report
Caterpillar
Komatsu (Joy Global)
Volvo
Hitachi Construction Machinery
Sandvik
Atlas Copco
Metso
ThyssenKrupp
Liebherr-International
ZMJ
FLSmidth
Doosan Infracore

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Longwall
Room and Pillar

By Application, the market can be split into
Coal Mining
Metal Mining
Mineral Mining

Table of Contents

Global Underground Mining Equipment Market Professional Survey Report 2018
1 Industry Overview of Underground Mining Equipment
1.1 Definition and Specifications of Underground Mining Equipment
1.1.1 Definition of Underground Mining Equipment
1.1.2 Specifications of Underground Mining Equipment

Obtain Table of Content @ https://www.qyresearchreports.com/report/global-underground-mining-equipment-market-professional-survey-report-2018.htm

2 Manufacturing Cost Structure Analysis of Underground Mining Equipment
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Underground Mining Equipment
2.3 Manufacturing Process Analysis of Underground Mining Equipment
2.4 Industry Chain Structure of Underground Mining Equipment

3 Technical Data and Manufacturing Plants Analysis of Underground Mining Equipment
3.1 Capacity and Commercial Production Date of Global Underground Mining Equipment Major Manufacturers in 2017
3.2 Manufacturing Plants Distribution of Global Underground Mining Equipment Major Manufacturers in 2017
3.3 R&D Status and Technology Source of Global Underground Mining Equipment Major Manufacturers in 2017
3.4 Raw Materials Sources Analysis of Global Underground Mining Equipment Major Manufacturers in 2017

Key Stakeholders
Underground Mining Equipment Manufacturers
Underground Mining Equipment Distributors/Traders/Wholesalers
Underground Mining Equipment Subcomponent Manufacturers
Industry Association
Downstream Vendors

Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Underground Mining Equipment market, by end-use.
Detailed analysis and profiles of additional market players.

About Us:

QYResearchReports.com delivers the latest strategic market intelligence to build a successful business footprint in China. Our syndicated and customized research reports provide companies with vital background information of the market and in-depth analysis on the Chinese trade and investment framework, which directly affects their business operations. Reports from QYResearchReports.com feature valuable recommendations on how to navigate in the extremely unpredictable yet highly attractive Chinese market.

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