DUBLIN--(BUSINESS WIRE)--The "Global Surface Mining Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025" report has been added to Research and Markets' offering.
The global surface mining equipment market is predicted to witness significant growth with improving economic conditions and rising demand for metal and minerals across the world.
The surface mining equipment market is growing steadily with steadily growing population and rising demand for metal and minerals across the world. In addition, recovering construction industry represents a positive outlook for surface mining equipment. Mine operators in U.S., Europe and Japan are replacing their old machineries with advanced solutions in order to provide quality aggregates and meet high global demand. In addition, stringent government regulations in these markets are forcing mine operators to deploy advanced machineries and equipment to reduce emission and match safety regulations.
Based on mining method, strip mining is the largest application market for surface mining equipment. The market for surface mining equipment used in strip mining is expected to witness slow growth in the future due to increasing limitation on coal mining activities and coal based power plants. Open pit mining is the most attractive market for surface mining equipment supplier due to rising demand for copper and diamond. Drilling, loading and hauling equipment are also expected to witness considerable growth with growing mining activities in emerging economies.
Asia Pacific is the largest regional market in the global surface mining equipment market. The region is expected to maintain its dominating positions throughout the forecast period with rising demand from China and India. Asia Pacific also expected to see the fastest growth for mining equipment during the forecast period. Rising replacement of outdated machineries with advanced solutions is expected to drive the demand surface mining equipment in North America and Europe. Latin America and Africa are also expected to observe considerable growth through the forecast period with growing mining sector in these regions.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Surface Mining Equipment Market by Product Type
Chapter 5 Surface Mining Equipment Market by Mining Methods
Chapter 6 North America Surface Mining Equipment Market Analysis
Chapter 7 Europe Surface Mining Equipment Market Analysis
Chapter 8 Asia Pacific Surface Mining Equipment Market Analysis
Chapter 9 Rest of the World (RoW)Surface Mining Equipment Market Analysis
Chapter 10 Company Profiles
- Atlas Copco AB
- Caterpillar Inc.
- Hitachi Construction Machinery
- Joy Global Inc
- Volvo Construction Equipment
- Komatsu Limited
- Metso
- JCB Ltd.
- Sandvik AB
- Zhengzhou Coal Mining Machinery Group
- China National Coal Mining Equipment
- Boart Longyear Ltd
For more information about this report visit https://www.researchandmarkets.com/research/xzctvl/global_surface
