Press release
Global Underground Mining Equipment Market Pegged for Robust Expansion of 4.29% CAGR During 2017-2021| Atlas Copco, Boart Longyear, Caterpillar And Komatsu
Albany, NY, 6th August : Recent research and the current scenario as well as future market potential of "Global Underground Mining Equipment Market 2017-2021" globally.Mining is the process used to extract valuable minerals, rocks, metals, or other geological materials from the earth in the form of vein, seam, reef, lode, orebody, or placer deposits.
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These extracted materials form a mineralized package, which is profitable for the miner. Ores that are extracted by the process of mining include coal, metals, rock salt, potash, gravel, limestone, oil shale, gemstones, chalk, dimension stone, and clay. Mining is also used to extract non-renewable resources, such as crude oil and natural gas.
Technavios analysts forecast the global underground mining equipment market to grow at a CAGR of 4.29% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global underground 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
View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-underground-mining-equipment-market-2017-2021-report.html/toc
Technavio's report, Global Underground 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
Boart Longyear
Caterpillar
Komatsu
Sandvik
Other prominent vendors
AARD Mining Equipment
CME
FURUKAWA
Guizhou Sinodrills Equipment
Mindrill Systems & Solutions
REVATHI EQUIPMENT
Rockdrill Services Australia
Rockmore International
Sulzer
TEI Rock Drills
Market driver
Stabilization of industrial commodity prices
For a full, detailed list, view our report
Market challenge
Increasing popularity of rental underground mining equipment
For a full, detailed list, view our report
Market trend
Integration of IoT in underground mining equipment for remote monitoring
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-underground-mining-equipment-market-2017-2021-report.html
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?
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