Global Underground Mining Equipment Market 2018-2025 | Caterpillar, Komatsu, Volvo, Sandvik, Atlas Copco, Metso

This report studies the global Underground Mining Equipment market status and forecast, categorizes the global Underground Mining Equipment market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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.

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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 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
- China Coal Group

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The study objectives of this report are:
- To analyze and study the global Underground Mining Equipment capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
- Focuses on the key Underground Mining Equipment manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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