Demand from the Cement Industry Will Be a Key Marker Driver in the Mining Ventilation System Market in China: Technavio

LONDON--()--The Mining Ventilation System Market in China is expected to post a CAGR of 12.06 percent from 2014-2019, according to a new report from research firm Technavio.

About the Report

According to the latest report by Technavio, high demand from the cement industry has increased the demand for coal, which is a major source of energy in cement production. This has resulted in a number of new mines in China.

“New coal mines require the installation of ventilation systems, which is a mandatory requirement for pumping out hazardous gases and pumping in adequate amounts of oxygen,” says Faisal Ghaus, Vice President of Technavio.

The latest report from Technavio also emphasizes the use of eco-friendly equipment as another important market driver. Green mining uses eco-friendly technologies and notable practices to reduce the environmental impact caused by the extraction and processing of minerals and metals. This includes minimizing greenhouse gases and chemical use, as well as relying on selective mining practices to reduce the ecological footprint.

“An increase in mining activities has necessitated the need for high-power ventilation systems and eco-friendly equipment used in ventilation systems help reduce power consumption,” says Ghaus.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Increased Demand from Cement Industry
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
  • Key Vendors:
    • Hubei Pingan Electric Material Co. Ltd
    • Shanxi Coal Ke Wan Yu Fan Co. Ltd
    • Zibo Fan Co. Ltd
  • Other Prominent Vendors:
    • Liang Herng Elec Mach
    • Shandong China Coal Industrial & Mining Supplies
    • Shenzhen Ambeyond Technology

Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the mining market:

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jes Ellacott
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
media@technavio.com
www.technavio.com

Release Summary

The Mining Ventilation System Market in China is expected to post a CAGR of 12.06 percent from 2014-2019, according to a new report from research firm Technavio.

Contacts

Technavio Research
Jes Ellacott
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
media@technavio.com
www.technavio.com