Press release
Global Mining Equipment Rental Market to grow at a CAGR of 3.77% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the "Mining Equipment Rental" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About Mining Equipment Rental
Mining equipment is used to extract natural resources such as coal, metals, and minerals. Some of the minerals and metals extracted include iron ore, bauxite, titanium, copper, gold, platinum, sand, gravel, salt, and other non-metallic products. Rental mining equipment constitutes a significant share of the global mining equipment market. The high cost of capital, maintenance cost, and overhead cost attached with the ownership of mining equipment have compelled end-users to rent mining equipment instead.
Technavios analysts forecast the global mining equipment rental market to grow at a CAGR of 3.77% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mining equipment rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Mining Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Atlas Copco
Caterpillar
Hertz Equipment Rental
Komatsu
Sunbelt Rentals
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Other prominent vendors
AMECO
EMECO
Eqstra
H&E Equipment Services
McDowell
United Mining Rentals
United Rentals
SMS Rental
Market driver
Rental advantages of mining equipment
For a full, detailed list, view our report
Market challenge
CAPEX depreciation in the mining industry
For a full, detailed list, view our report
Market trend
Emergence of deepsea mining
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by equipment type
Global mining equipment rental market by equipment type
Global surface mining equipment rental market
Global underground mining rental market
Global crushing, pulverizing, and screening equipment rental market
Global mining drills and breakers equipment rental market segment
Global mineral processing machinery rental market
PART 07: Market segmentation by application
Global mining equipment rental market by application
Global mining equipment rental market by coal mining
Global mining equipment rental market by metal mining
Global mining equipment rental market by mineral mining
PART 08: Geographical segmentation
Global mining equipment rental market by geography
Mining equipment rental market in APAC
Mining equipment rental market in Americas
Mining equipment rental market in EMEA
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Emergence of deepsea mining
Digitization of mining activities
Tracking technology and fleet management applications and software
PART 12: Vendor landscape
Competitive landscape
Other prominent vendors
PART 13: Key vendor analysis
Atlas Copco
Caterpillar
Hertz Equipment Rental
Komatsu
Sunbelt Rentals
PART 14: Appendix
List of abbreviations
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List of Exhibits
Exhibit 01: Segmentation of global mining equipment rental market
Exhibit 02: Global mining equipment rental market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global mining equipment rental market by equipment type 2016 and 2021 (%)
Exhibit 05: Global surface mining equipment rental market 2016-2021 ($ billions)
Exhibit 06: Major open-pit mines worldwide
Exhibit 07: Global underground mining rental market 2016-2021 ($ billions)
Exhibit 08: Major underground mines worldwide
Exhibit 09: Global crushing, pulverizing, and screening equipment rental market 2016-2021 ($ billions)
Exhibit 10: The global mining drills and breakers equipment rental market 2016-2021 ($ billions)
Exhibit 11: The global mineral processing machinery rental market 2016-2021 ($ billions)
Exhibit 12: Global mining equipment rental market by application 2016 and 2021 (%)
Exhibit 13: The global mining equipment rental market by the coal mining 2016-2021 ($ billions)
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