This study focuses on the production side and consumption side of Mining Equipment, presents the global Mining Equipment market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
Los Angeles, CA -- (SBWIRE) -- 09/27/2018 -- In terms of production side, this report researches the Mining Equipment capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Mining Equipment by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
The Mining Equipment includes the consumption of underground mining equipment and surface mining equipment, such as crushing, pulverizing and screening machinery, portable drilling rigs and parts, portable crushing, screening, washing and combination plants, drills and other machinery (except parts). This report only covers solid mining, oil and gas is not included.
The Major regions to produce mining equipment are Asia-Pacific, North America, Europe, South America and Africa, which accounting for more than 85 % of sales value in total. Asia-Pacific is the largest sales region (sales value share 29.88% in 2015), followed by North America. The market is relatively scattered. The global leading players in this market are Caterpillar, Komatsu, AB Volvo, Hitachi Construction and Joy Global(P&H), which only have about 35% market share.
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As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese Mining Equipment industry needs to transit to high-end products, this industry still has considerable development prospects in China.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field. In the next five years, the sales volume and revenue will slowly recovery.
The Mining Equipment market was valued at 54900 Million US$ in 2017 and is projected to reach 80700 Million US$ by 2025, at a CAGR of 5.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Mining Equipment.
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This report includes the following manufacturers; we can also add the other companies as you want.
Caterpillar
Komatsu
AB Volvo
Hitachi Construction
Joy Global(P&H)
Sandvik
Atlas Copco
Metso
Thyssenkrupp
Liebherr
Terex Mining
Kawasaki
Zhengzhou Coal Mining Machinery
Weir Group
FLSmidth
Tenova TAKRAF
Doosan
SANYI
NHI
Furukawa
Market Segment by Product Type
Underground Mining Equipment
Surface Mining Equipment
Mining Drills and Breakers
Crushing, Pulverizing and Screening Equipment
Market Segment by Application
Metal Mining
Mineral Mining
Coal Mining
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