Mine Ventilation Equipment Market Outlook to 2023: Howden, ABB, Epiroc, New York Blower Company, Chicago Blower Corporation, Multi-Wing Group, Twin City Fan & Blower

According to this study, over the next five years the Mine Ventilation Equipment Market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 270 million by 2023, from US$ 240 million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Mine Ventilation Equipment business, shared in Chapter 3.

Ventilation is among the most important functions in a mining operation. Since ventilation directly affects the health and safety of employees working underground, mine owners take the regulation of air flow through a mine very seriously. Factors that determine ventilation design include: the type of mine, its location, the regulations around how much ventilation is required (varies by jurisdiction), and the equipment being used. The latter is especially important because a mine that uses diesel equipment will require more ventilation to dilute the diesel fumes than one that uses electric vehicles.

Some Of The Key Players In Mine Ventilation Equipment Market Include:

· Howden

· Epiroc

· TLT-Turbo

· ABB

· ABC Industries

· Twin City Fan & Blower

· New York Blower Company

· Zitron

· ABC Ventilation Systems

· Clemcorp Australia

· ECE-COGEMACOUSTIC

· Sibenergomash-BKZ

· Hurley Ventilation

· Parag Fans&Cooling Systems

· Chicago Blower Corporation

· Multi-Wing Group

· Zibo Jinhe Fan

· Spendrup FAN

· Specialist Mechanical Engineers

· Rotary Machine Equipment

· AFS

· Shandong China Coal

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Globally, the mine ventilation equipment industry market is low concentrated as the manufacturing technology of mine ventilation equipment is relatively matures than some high-tech equipment. And some enterprises, like Howden, Epiroc and TLT-Turbo, etc. are well-known for the wonderful performance of their mine ventilation equipment and related services. At the same time, Asia-Pacific, occupied 30.89% Revenue market share in 2017, is remarkable in the global mine ventilation equipment industry because of the lowest cost of labor and raw material.

The consumption of mine ventilation equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of mine ventilation equipment industry may not keep that fast. But it is surely forecasted that the market of mine ventilation equipment is still promising.

Segmentation By Product Type:

· Fans & Blowers

· Refrigeration & Cooling Systems

· Heating

· Others

Segmentation By Application

· Coal Mining

· Metal Mining

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Major Table of Contents:

1 Scope of the Report

2 Executive Summary

3 Global Mine Ventilation Equipment by Players

4 Mine Ventilation Equipment by Regions

5 Americas

6 APAC

7 Europe

8 Middle East & Africa

9 Market Drivers, Challenges and Trends

10 Marketing, Distributors and Customer

11 Global Mine Ventilation Equipment Market Forecast

12 Key Players Analysis

13 Research Findings and Conclusion

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Key points mentioned in the report

1. The report offers market share appraisals for regional and global levels

2. To gain detailed overview of parent market Potential and niche segments/regions exhibiting promising growth

3. The study provides an in-depth analysis of the global Mine Ventilation Equipment market and current & future trends to elucidate imminent investment pockets.

4. Changing market dynamics of the industry

5. Strategies of key players and product offerings

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