Press release
Surface Mining Equipment Industry Research Report, Growth Trends and Competitive Analysis 2018-2025
In terms of production side, this report researches the Surface Mining Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Surface Mining Equipment by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Surface mining, including strip mining, open-pit mining and mountaintop removal mining, is a broad category of mining in which soil and rock overlying the mineral deposit (the overburden) are removed, in contrast to underground mining, in which the overlying rock is left in place, and the mineral is removed through shafts or tunnels.
Technology innovation offers precision and helps in time saving by enabling the work process faster and easier. Proliferating use of this equipment facilitates in selective mining by producing high quality material as well as producing stable surfaces & embankments. In addition, it offers low noise, low dust and less damaging vibrations process hence enables effective mining in residential areas. It assures maximum exploitation of a mines and aids in reducing processing cost involved in crushing by producing small grains, thus eliminating the need of buying the additional crushing equipment.
It also facilitates in reducing the need of wheel loaders and excavators owing to is capability of dumping the material into dumper trucks through a conveyor belt. Since, single machine performs multiple tasks it reduces the need of extra machines and man power. Usage of this equipment helps in avoiding blasting work and enables great precision while cutting steep and stable surfaces. It offers effective planning & coordination of the process, along with better operation and maintenance.
The Surface Mining Equipment market was valued at 6850 Million US$ in 2017 and is projected to reach 8950 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Surface Mining Equipment.
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This report includes the following manufacturers; we can also add the other companies as you want.
Atlas Copco
Caterpillar
Komatsu
Sandvik
Hitachi Construction Machinery
...
Market Segment by Product Type
Single Bucket
Continuous Bucket
Market Segment by Application
Strip Mining
Open-Pit Mining
Mountaintop Removal
Request Sample Copy of the Report @ https://www.qyresearch.com/sample-form/form/647773/global-surface-mining-equipment-industry-research-report-growth-trends-and-competitive-analysis
QY Research, INC.
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Suite 218,
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USA: +1 626 295 2442
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Web – www.qyresearch.com
QY Research, INC.
17890 Castleton,
Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email – inquiry@qyrsearch.com
Web – www.qyresearch.com
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