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Support Activities For Coal Mining Sector Was Valued At $110 Billion In 2017 According To TBRC’s Latest Report

04-03-2018 10:37 AM CET | Industry, Real Estate & Construction

Press release from: The Business research company

Support activities for coal mining include companies providing support activities for coal mining (except site preparation and related construction activities) on a contract or fee basis. Exploration for coal is included in this industry and it includes traditional prospecting methods, such as taking core samples and making geological observations at prospective sites (except geophysical surveying and mapping services).

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The global Support Activities for Coal Mining market was valued at $110 billion in 2017. The market saw a growth as the companies providing support activities for coal mining are using technologies such as Remote Sensing, GIS, GPS, Digital photogrammetry, LiDAR during the coal exploration processes. High resolution satellite data is used in regional geological mapping as well as for locating the potential coal bearing area for detail exploration. In India CMPDI is using the satellite data from LISS-III, LISS IV, Carto I & II, IKONOS, WorldView-2, ASTER, Landsat 8 and RISAT for their cola exploration projects in India.

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The USA was the largest country accounting for almost one-fifth of the global Support Activities for Coal Mining market. This can be attributed to the country’s economic power, abundant mineral resources, increased energy demand, and high government and private expenditure in the manufacturing industry.

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Email: info@tbrc.info

About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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