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Albany, NY -- (SBWIRE) -- 05/26/2015 -- Mining Business Confidence Report H1 2015" is a new report by Kable that globally analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the mining industry. This report also examines executive opinions with regards to the current and future state of the economy and its effect on the industry. It analyzes the likely effect of supplier price changes, sales performance, and staff headcount within the industry over January–June 2015. In addition, it provides an overview of the key priorities, threats, and opportunities for the global mining industry over January–June 2015. Furthermore, the survey forecasts the changes within the mining equipment market, procurement budget allocations, and leading suppliers in mining equipment categories.
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Overall, 41% of mining industry executives state that they are operating in a stable economic environment, while 39% affirm that the current economic conditions are unfavorable
In H1 2015, the highest percentage of mining industry professionals forecast a more positive outlook for company growth
Executives from the Rest of the World anticipate the highest increase in both staff headcount and sales growth during H1 2015
Industry executives indicate increased expenditure on new product development and mergers and acquisitions in H1 2015
The majority of respondents from Europe are keen to purchase outright rather than spend on used equipment or leasing
The highest percentage of mining executives prefer to invest less than US$1 million in long-wall systems
Globally, business executives forecast the budget allocation for mining equipment to increase slightly in 2015–2016, compared to 2014–2015
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This report is the result of an extensive survey drawn from Kable's exclusive panel of leading global mining industry executives. The report analyzes current global economic conditions and their impact on the mining industry, and forecasts the company and industry growth prospects over January–June 2015. It provides information about the impact of customer confidence, supplier prices, and staff headcount likely to affect investment decisions over January–June 2015. Additionally, the report includes trends in the mining equipment market, analysis of the procurement budget allocations, and leading suppliers of mining equipment.
In particular, it provides an in-depth analysis of the following:
Industry executives' opinions about the current state of the global economy, examining the prevailing economic conditions in various regions
The growth prospects for companies and the industry as a whole, providing industry executives' expectations on the growth prospects of their company and the industry over January–June 2015
Analyzing mining industry executives' opinions on changes in customer confidence globally, over January–June 2015
Impact of supplier prices, determining the expected change in supplier prices across various categories and their impact on business confidence, and examines the key factors influencing the change
Change in staff headcount and sales performance, tracking the expected changes in staff headcount and sales among industry executives operating in various regions, over January–June 2015
Investment activities, ascertaining the various investment activities on which industry executives intend to focus over January–June 2015
Business concerns, examining industry executives' attitudes towards various business concerns, and provides regional analysis
Key priorities and identifying the immediate business priorities of mining industry executives over January–June 2015
Purchase preferences for mining equipment and investment allocations in the mining equipment categories
Total procurement budget split between capital expenditure and operating expenditure, tracking the changes in the budget for 2015, and highlighting expectations for 2016
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Reasons To Buy
The report projects the current and future operating conditions of the mining industry, and allows readers to make effective business decisions
The report helps readers make strategic decisions by understanding the present and future economic and customer issues, including key growth regions
Mining industry suppliers will be provided with a clear uncovering of the key challenges and opportunities, and identify the key priorities likely to affect the industry's growth prospects
The report forecasts the change in supplier prices of various products, which are likely to influence the industry's growth prospects over January–June 2015
The report helps executives to recognize the change in customer confidence levels in the global mining industry over January–June 2015
The report enables executives to make key decisions by highlighting purchase preferences and investments in mining equipment
The report also helps executives to know the leading suppliers in the mining equipment categories
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