Press release
Hydraulic Roof Supports Market Size, Share, Development by 2024– Top Key players like Joy Global,Caterpillar,Becker Mining,Inc.
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Hydraulic Roof Supports are the equipment that control the height of, and provide support to, the mine roof of the working face during the coal mining process, allowing armored-face conveyors and shearers to operate underneath.
Hydraulic Roof Supports market has been shrinking since 2012 because of the depression of coal industry. China is the biggest consumer market of hydraulic roof supports. With the success of China’s economic transition Chinese market will recovery in 3 or 4 years. And emerging market such as India or Southeast Asia will grow. So we consider the hydraulic roof supports industry will recovery by 2019.
Hydraulic roof supports technology trends to high mining height mining and more shield support will be used in the further.
The price of steel won’t change much higher in recent years so the cost will be stable. The high-end electro-hydraulic control system manufacturers are mostly German and American companies.
According to this study, over the next five years the Hydraulic Roof Supports market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 3670 million by 2024, from US$ 2680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydraulic Roof Supports business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Joy Global
Caterpillar
Becker Mining
Nepean
Famur
Kopex
Tiandi Science & Technology
Zhengzhou Coal Mining Machinery
Beijing Coal Mining Machinery
Pingdingshan PMJ Coal Mine Machinery
Chongqing Dajiang XinDa
Shanxi Pingyang Industry Machinery
Tiansheng Coal Mine Equipment
Shandong Mining Machinery
Market Segment by Type, covers
Chock Support
Shield Support
Chock Shield Support
Market Segment by Applications, can be divided into
High Mining Height Mining
Top Coal Caving Mining
Fully Mechanized Mining
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Related Information:
North America Hydraulic Roof Supports Market Growth 2019-2024
United States Hydraulic Roof Supports Market Growth 2019-2024
Asia-Pacific Hydraulic Roof Supports Market Growth 2019-2024
Europe Hydraulic Roof Supports Market Growth 2019-2024
EMEA Hydraulic Roof Supports Market Growth 2019-2024
Global Hydraulic Roof Supports Market Growth 2019-2024
China Hydraulic Roof Supports Market Growth 2019-2024
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