openPR Logo
Press release

Depth of Mining Equipment Market Share and Trend 2018-2026: Top Manufacturers Are Caterpillar, Metso, Komatsu, Atlas Copco, Sandvik

11-02-2018 06:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Polaris Market Research & Consulting

/ PR Agency: Construction Industry
Mining Equipment Market

Mining Equipment Market

Mining Equipment Market Overview:

Asia-Pacific generated the highest revenue in the mining equipment market in 2017 owing to increasing demand of precious and semi-precious metals such as gold, silver, platinum, and copper among others.

The global Mining Equipment market generated USD 75.6 billion in 2017 and is anticipated to grow at a CAGR of 5.5% during the forecast period according to a new study published by Polaris Market Research.

Request for sample copy of this report @ http://bit.ly/2PznGgr

Competitive Landscape and Key Vendors

The leading companies profiled in the global mining equipment market report include
• Komatsu Ltd.
• Caterpillar Inc.
• Hitachi Ltd.
• AB Volvo
• Liebherr Group
• Caterpillar Inc.
• Atlas Copco AB
• China Coal Technology and Engineering Group Corp.
• Joy Global Inc.
• Metso Corporation
• Sandvik AB
• and Northern Heavy Industries Group Co.

Mining equipment is used for extraction of minerals and rare metals from the earth. This equipment is commonly used for extraction of resources such as metals, minerals, coal, and petroleum among others. Mining involves operations, which include drilling, crushing, and pulverizing.

The demand for mining equipment market has increased over the years owing to decreasing ore grades, and growing demand for metals and minerals. The growth in global mining industry and increasing demand for non-renewable resources such as coal and petroleum has resulted in market growth.

However, high investment costs associated with mining equipment, stringent government regulations, and increasing prices of raw material would hamper the market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.

Browse Complete Summary of this report @ http://bit.ly/2PAd2Gi

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Mining Equipment Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

The well-known companies profiled in the global mining equipment market report include Komatsu Ltd., Caterpillar Inc., Hitachi Ltd., AB Volvo, Liebherr Group, Caterpillar Inc., Atlas Copco AB, China Coal Technology and Engineering Group Corp., Joy Global Inc., Metso Corporation, Sandvik AB, and Northern Heavy Industries Group Co. Ltd among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Regional Analysis: -

Growing industrialization along with growth in mining industry has resulted in increasing adoption of mining equipment in the region. Rising demand for petroleum and coal resources in the region, along with rising industrialization in developing countries of this region boost the adoption of mining equipment market in the region.

Key Segments

Type
• Surface Mining Equipment
• Underground Mining Equipment
Product
• Mining Drills and Breakers
• Mineral Processing Machinery
• Crushing, Pulverizing and Screening Equipment
• Others

Application
• Metal Mining
• Mineral Mining
• Coal Mining
• Others

View Press Releases@ https://www.polarismarketresearch.com/press-releases/mining-equipment-market/

About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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 Depth of Mining Equipment Market Share and Trend 2018-2026: Top Manufacturers Are Caterpillar, Metso, Komatsu, Atlas Copco, Sandvik here

News-ID: 1347249 • Views: 1847

More Releases from Polaris Market Research & Consulting

What's driving the Blockchain Technology Market Trends? Microsoft Corporation, I …
The worldwide market size for blockchain technology is estimated to grow at a CAGR of 41.6% between 2018 and 2026 and is anticipated to reach USD 16.82 billion by 2026. According to a new study published by Polaris Market Research. Also termed as Distributed Ledger Technology (DLT), blockchain enables secure transaction over a distributed network. Since the transactions are taken place usually over the network, it is difficult to reverse
What's driving the Precision Farming Market Trends? Ag Leader Technology, AgJunc …
The global precision farming/agriculture market was valued at 3,833 million in 2017 and is anticipated to reach over USD 13,016 million by 2026 with grow at a CAGR of more than 14.7% during the forecast period According to a new study published by Polaris Market Research. In 2017, the yield monitoring application dominated the global market, in terms of revenue. North America is expected to be the leading contributor to
What are the different trends in Electric Vehicles (EV) Market to boost its grow …
Polaris Market Research has new report published the addition of the “The global Electric Vehicles Market Worth $912 Billion By 2026 | CAGR: 38.4%”, the report classifies the global Electric Vehicles market in a precise manner to offer unearth valuable, accurate and reliable data insights that help organizations to meet their business objectives and enable growth Get PDF Sample of “Electric Vehicles Market”: https://www.polarismarketresearch.com/industry-analysis/electric-vehicles-ev-market/request-for-sample The global electric vehicles market is anticipated to
What are the different trends in Third Party Logistics Market to boost its growt …
Polaris Market Research has new report published the addition of the “The global third-party logistics market is anticipated to reach USD 1,337.91 billion by 2026”, the report classifies the global third-party logistics market in a precise manner to offer unearth valuable, accurate and reliable data insights that help organizations to meet their business objectives and enable growth according to a new report The report “Third Party Logistics (3PL) Market Share, Size,

All 5 Releases


More Releases for Mining

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
Cloud Mining Explained
There are many ways you can participate in Mining Bitcoin and other Alt or Alternative coins and be a part of the ever-expanding Bitcoin Community. Bitcoin mining leasing companies allow you to participate and be part of the blockchain network by leasing out their Computing Power to the public. Leasing Companies do this to expand their own network while at the same time, letting less technically minded people get involved
Aluminum Mining Market
Global Aluminum Mining Market: Overview The extensive use of aluminum in multifarious applications over several industries is likely to bolster growth of the global aluminum mining market. The report discusses the major developments, restraints, growth drivers, and opportunities in the global aluminum mining market. The major market players have been discussed in detail, wherein their key market strategies, product portfolios, and market shares are revealed. The report also sheds light on value
Smart Mining Market
The advent of remote-controlled trucks at an iron ore mine resulted in increased safety of workers and operators. However, the manufacturer offered mining equipment to meet the safety standards as regulated by Mining Federal Agencies and contribute to sustainable environment without affecting the landscape. Moreover, increased adoption of infrared sensors and safety and security solutions at mining sites has led to remarkable growth of the smart mining market. View detail summary
Mining machine and gold mining equipment manufacturer
NanJing Sinonine Heavy Industry Science & Technology Co., Ltd is a high-tech enterprise as a leading mining equipment manufacturer and mining engineering EPC service provider in China. Sinonine has a strong production capacity, its products cover a full range of equipments for beneficiation engineering such as feeding & conveying, crushing & screening, grinding & classifying, flotation, gravity separation, magnetic separation, dewatering, drying & calcination, industrial grinding, industrial dust collecting,
Smart Mining Market:
Earlier, the mining industry was mainly dependent only on the labor force. Miners usually used tools such as iron chisels and hammers, compressed drills, pickaxes, and other manually operated tools for mining operations. Hence, to reduce the manual intervention in order to save the time utilized and associated costs there was a need for smart mining. The introduction of numerous smart mining technologies for carrying out mining operations thus has