Surface Mining Equipment Market By Equipment (Drilling, Blasting, Crushing, Grinding, Loading And Hauling, Others), By Mining Method (Open Pit Mining, Mountain Removal Mining, Strip Mining, Highwall Mining And Dredging) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

The global surface mining equipment market is expected to witness a considerable growth through the forecast period 2016 - 2022 with improving economic conditions and rising output of mining sector. The market for surface mining equipment is also expected to see a significant demand from replacement market due to stringent emission, energy consumptions and safety regulations particularly in developed nations. In addition, rising domestic demand from emerging economies due to rapidly increasing mechanization in mining sector also represents a positive outlook for surface mining equipment suppliers particularly in emerging as India, China, South Africa, Brazil, Russia and others. All these factors are expected to drive the market growth of surface mining equipment in the next six years.  

The report includes in-depth analysis of market driving and restraining factors related to surface mining equipment industry. The study also covers current and future market trends in the global as well as regional surface mining equipment market. The report provides exhaustive information of technology development, pricing and demand-supply trends. High level analysis included in the report such as market competitive analysis, attractive analysis and PESTEL helps market players and trade partners to identify key investment area in the industry.

Moreover, the report provides market estimates and forecast of different type of mining equipment and its market size in application segment (mining methods) in terms of both volume (number of units sold) and revenue (US$ Bn). This market is segmented on the basis of product type, mining methods and region. The report also includes cross sectional analysis on the regional basis i.e. regional market size by product and mining methods. This study includes market historical market size (2013 & 2014), market estimate (2015) and forecast for the period 2016 – 2022 in terms of volume and revenue. The report also includes market estimates and forecast of surface mining equipment market for major countries.

The report profiles key players in the global surface mining equipment industry. Company profiles include detailed information about business strategies, product portfolio, recent developments and regional positioning of these manufacturers. The report also provides in-depth analysis about market competition and positioning of key market players along with their market winning strategies.

The global surface mining equipment market is classified into following categories:

  • By Mining Method
    • Open pit mining
    • Mountain Removal Mining
    • Strip Mining
    • Highwall Mining
    • Dredging
  • By Type
    • Drilling
    • Blasting
    • Crushing
    • Grinding
    • Loading and hauling
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Australasia
      • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The global surface mining equipment market is classified into four major regions i.e. North America, Europe, Asia Pacific and Rest of the World (RoW). The Rest of the mining equipment market is further classified into South America, Africa and Middle East.

In addition, we have covered following major countries in each regional market:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australasia
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

Asia Pacific is the most lucrative regional market for surface mining equipment. Rising mining activities and mechanization of mining operations in India and China are major influencing factors for surface mining equipment in Asia Pacific market. In U.S., U.K., Japan and other developed markets, significant growth is expected from replacement market. This is particularly due to mandatory and environment protection regulations to improve safety of miners and reduce emission. Latin America and Africa are also expected to witness significant demand for surface mining equipment with rising mining activities in major countries such as Brazil, Chile and South Africa.

Surface Mining Equipment Market

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Published Date:  Jun 2016
Category:  Mining, Minerals and Metals
Report ID:   57955
Report Format:   PDF
Pages:   120
Rating:    4.1 (55)
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