Press release
Mining Equipment Market 2023 (2.5% Expected CAGR): Top Players Caterpillar(BUCYRUS), Komatsu, Liebherr, Hitachi, Terex Mining, Joy Global(P&H), IZ-KARTEX(OMZ), Taiyuan Heavy Industry and SANYI
This report focuses on the Mining Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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As Chinese overall economic downward trend in the past few years, and international economic situation is complicated, in the next few years there will be many uncertainties, and coupled with Mining Equipment industry in short supply on the market in the past few years, more and more companies enter into Mining Equipment industry, the current demand for Mining Equipment product is relatively low, lack of demand, excess supply. Ordinary Mining Equipment products on the market do not sell well; Industrial Mining Equipment’s price is lower than past years. The signal of market price change indicates the trend in the Mining Equipment industry, low-end product has excess capacity; high-end product is in short supply.
There is a certain market space in demand of Mining Equipment, but basically showing the scarcity of high-end products. Many high-end products are needed to seize market share of imports acts, because local enterprises export more low-end products overcapacity or molding process basic Materials.
Market Segment by Regions, regional analysis covers North America, Europe, Asia-Pacific, South America and Middle East and Africa.
Market Segment by Type, covers Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment, Mining Drills & Breakers, Crushing, Pulverizing, & Screening Equipment and Others.
Market Segment by Applications, can be divided into Metal Mining, Mineral Mining and Coal Mining.
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Market Segment by Manufacturers, this report covers Caterpillar(BUCYRUS), Komatsu, Liebherr, Hitachi, Terex Mining, Joy Global(P&H), IZ-KARTEX(OMZ), Taiyuan Heavy Industry and SANYI.
Related Report:
2018-2023 Global Mining Automation Consumption Market Report
Over the next five years, the latest research study projects that Mining Automation will register a 4.1% CAGR in terms of revenue, reach US$ 3200 million by 2023, from US$ 2510 million in 2017.
Europe occupied 31.64% of the revenue market in 2016. It is followed by North America and Asia-Pacific, which respectively account for around 28.57% and 24.20% of the global total industry. Other countries have a smaller amount of revenue market share. Geographically, North America was the largest sales value market in the world, which took about 30.47% of the market in 2016.
The key manufacturers covered in this report such as Caterpillar, Sandvik, Atlas Copco, Komatsu, ABB, Hitachi, Hexagon, Rockwell, Micromine, Volvo Group, Trimble, Remote Control Technologies and Mine Site Technologies.
Read More: https://www.researchbeam.com/2018-2023-global-mining-automation-consumption-report-market?utm_source=OPR&utm_medium=CC
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