Boston, MA -- (SBWIRE) -- 01/23/2015 -- Overall trends in the data revealed:

- African mines use OEMs for aftermarket service and maintenance over 75% of the time. OEM use is much higher for strategic parts with 95% in comparison to non-strategic parts with 80%. Processing equipment uses OEMs 75% of the time.

- More than 50% of surface mining operations use independent third parties in some way. In comparison, less than 30% of underground mines use third party companies in their mining operations.

- The most preferred service contracts are operation and maintenance with 38% of the responses. Life cycle management comes in next with 30%.

Report Highlights

- Original equipment manufacturers (OEMs) are used in some way over 75% of the time in the African mining industry.

- When comparing mine types and OEM use, less than 30% of underground mining respondents would use third-party providers for parts and equipment. There is a stronger focus on original parts. In comparison, more than half (50%) of surface mining operations utilize third party providers in some form.

- Instead of an involving after sales contract as life cycle management, majority of respondents have opted for the operation and maintenance support structure. Lifecycle management comes in second preference.

View Full Report Details and Table of Contents

Report Scope

This report provides detailed analysis of maintenance and aftermarket preferences in the African mining sector. The analysis is based upon Timetric's survey of 108 mine managers, procurement managers, and other key decision-makers, and focuses in particular on the services provided by original equipment manufacturers and independent third parties.

Reasons to Get this Report

- Understanding mining companies' use of original equipment manufacturers (OEMs) for equipment parts and for processing equipment needs. Also how these preferences vary by commodity, company size and region.

- Gain knowledge of mining company preferences with their after-sales support structure, and identify services required based on mine type, company size and commodity.

- Understanding the importance mining companies place on service and maintenance costs and capabilities. Then comparing the results with the actual rated performance of these equipment manufacturers.

- Identify the service contract preferences of mines in Africa, then see the differences when compared across mine type, region and company size.

Companies Mentioned in this Report: Joy Global, Caterpillar, Hitachi, Vale

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 800-844-8156

Browse all Materials research reports at Fast Market Research

You may also be interested in these related reports:

- Purchasing Trends and Intentions in African Mining, 2014
- Winning and Retaining Business in the African Mining Equipment Sector, 2014
- Technology Investment Priorities in African Mining, 2014
- Precious Metals Mining in South Africa to 2020
- Coal Mining in South Africa to 2020