openPR Logo
Press release

Sandvik AB, Atlas Copco AB Profiled in Mining Equipment Market 2024 Report - Boart Longyear Ltd, Caterpillar Inc, Hitachi Construction Machinery, Joy Global Inc, Komatsu Ltd, Metso Corporation, Outotec

10-24-2018 10:36 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport
Mining Equipment Market, Mining Equipment Market trends, Mining Equipment Market Analysis, Mining Equipment Industry, Mining Equip

Mining Equipment Market, Mining Equipment Market trends, Mining Equipment Market Analysis, Mining Equipment Industry, Mining Equip

Market Study Report adds global Mining Equipment market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

U.S. mining equipment market size is set to surpass USD 11.5 billion by 2024, at 3.2% CAGR over the forecast timeframe. Vendors need complete compliance with regulatory mandates in order to ensure emission control and reduce pollution level, such as the Clean Air Act, which sets air quality standards.

Request Sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467828/

Mining Equipment Market size is expected to reach USD 99.13 billion by 2024. While mining operations depend heavily on the ore location, the prominent production locations function in water shortage among other conditions. This has given rise to the need for effective solutions as well as contributed to demand for robust hardware. Increasing mechanization of construction processes coupled with strong economic growth will drive China mining equipment market size over the next few years.

Several manufacturers offer facilities such as installment loans and operating and financing leases, which offers the option to own machinery under lease. The leasing can be done on a full payout basis or by selecting a suitable leasing option, which allows returning or buying the equipment at a predetermined rate. Companies continue to make use of multiple options such as rentals, outright purchases, and leasing on varied machinery. This model in North America and Europe consists of short-term rentals of equipment to small contractors and individuals. As the industry has evolved, a greater variety of products has become available on rent. Several manufacturers engage in exclusive and non-exclusive distributorship contracts.

The adoption of multifunction machinery, that is applicable to numerous tasks has led to increased demand due to cost saving characteristics as compared to single-function counterparts. This has also resulted in considerably lower time requirements, while enhancing productivity and overall efficiency.

Worker safety concerns as well as environmental considerations are among the key trends observed in the ecosystem. Tool tracking can be done with the help of barcode technology. Various companies now equip their machinery, power tools as well as hand tools with barcodes to support effective monitoring and management as these are scanned by digital barcode readers at the beginning and end of each working day.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467828/

Europe mining equipment market share exceeded 14.5% of the global revenue in 2015.

The industry is highly regulated in nature. After sales service and maintenance activities have proved crucial for achieving competitive advantage. Major companies include Caterpillar, Sandvik, Atlas Copco, etc.

Drills and breakers contributed over 10% to the overall revenue in 2015, with high growth anticipated over the forecast timeline. Surface mining equipment market size will exceed USD 30 billion by 2024. Mineral mining equipment share will grow at 3.6% CAGR from 2016 to 2024.

Mining equipment market research report includes in-depth coverage of the industry, with estimates &forecast in terms of revenue in USD billion from 2013 to 2024, for the following segments:

Mining equipment market by product:
Mining Drills &Breakers
Crushing, Pulverizing &Screening Equipment
Mineral Processing Machinery
Surface Mining Equipment
Underground Mining Machinery
Others

Mining equipment market by application:
Metal Mining
Mineral Mining
Coal Mining

Table of content:

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Mining Equipment Industry Insights

Chapter 4. Mining Equipment Market Insights, By Product

Chapter 5. Mining Equipment Market Insights, By Application

Chapter 6. Mining Equipment Regional Insights

Chapter 7. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/mining-equipment-market

Related Report:

Global Underground Mining Equipment Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

This report focuses on the Underground 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.

https://www.marketstudyreport.com/reports/global-underground-mining-equipment-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-AN

2017-2022 United States Underground Mining Equipment Market Report (Status and Outlook)

In 2016, the Underground Mining Equipment market size was xx million USD in United States, and it will be xx million USD in 2022, with a CAGR of xx% between 2016 and 2022.

https://www.marketstudyreport.com/reports/2017-2022-united-states-underground-mining-equipment-market-report-status-and-outlook/?utm_source=RR-AN

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sandvik AB, Atlas Copco AB Profiled in Mining Equipment Market 2024 Report - Boart Longyear Ltd, Caterpillar Inc, Hitachi Construction Machinery, Joy Global Inc, Komatsu Ltd, Metso Corporation, Outotec here

News-ID: 1324642 • Views:

More Releases from marketstudyreport.com

Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Power Technologies (Schneider Electric), Simplex, Shenzhen Sikes, Pite Tech
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders. Load Bank Market Size was estimated
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028. The operation is done to stop ligament tears and
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting

All 5 Releases


More Releases for Mining

Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market
Mining Equipment Market by Type (Mineral Processing Equipment; Surface Mining Eq …
Asia-Pacific serves as the most productive region as compared to others with diverse industry verticals significantly investing in mining equipment. Moreover, various domestic players are investing in the mining sector, which is anticipated to boost the demand for mining equipment such as crusher, trucks, loaders, diggers, and others as to complete operations with reduced labor cost and high precision of work within optimized time. Furthermore, the surface mining equipment market
Coal Mining Market by Mining Technology, Underground Mining and Application with …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe. The report segments the coal mining market on the basis of mining technology, application, and geography. On the basis of mining technology, the market is bifurcated into surface mining and underground mining. Surface
Base Metals Mining Market in China to 2021| Zijin Mining Group Company, China Da …
Albany, NY, 1st November : Recent research and the current scenario as well as future market potential of "Base Metals Mining in China to 2021-Robust Consumption and Imports Expected in the Upcoming Years" globally. Summary GlobalDatas "Base Metals Mining in China to 2021", report covers comprehensive information on Chinas base metal (copper, nickel, zinc, and lead) mining industry, base metal (copper, nickel, zinc, and lead) reserves and grade, the historical and forecast
Coal Mining Market by Mining Technology {Surface Mining (Strip Mining, Auger Min …
Coal has been a fundamental source of energy since many years. Presently, coal is majorly used to power generation, steel production, and as a fluid fuel. China accounts for majority of the total coal production across the globe. Access Full Summary: https://www.alliedmarketresearch.com/coal-mining-market The growth of the Asia-Pacific coal mining market is driven by increase in usage of coal in steel manufacturing and electricity generation. However, stringent government regulations towards environmental pollution due
Mining Equipment Market Research|2018-2023| Surface Mining Machinery, Undergroun …
Mining Equipment Market report provides current, accurate, and reliable statistics of the Mining Equipment market with an in-depth analysis by industry experts along with projections to 2023 that will help you decide different strategies to boost your sales, decrease the operations cost etc. Mining equipment is used to extract various minable resources such as metals, coal, and minerals from the earth. Mining companies use mining equipment to extract mined products such