DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8dqk76/global_coal) has announced the addition of the "Global Coal Handling Equipment Market in the Mining Industry 2014-2018" report to their offering.
The Coal Handling Equipment market in the Mining industry to grow at a CAGR of 8.05% over the period 2013-2018
Coal handling systems form an integral part of a complete material flow and quality management system. In recent years, focus has shifted from optimizing single parts of the system to advanced automation solutions. Obstacles created by issues such as greenhouse gas emissions force many industrialized countries to consider exit strategies for long-term coal-fired power generation. However, coal still remains one of the most important sources of energy. With growing urbanization in many developing countries, the need for power is rapidly increasing, creating a high demand for coal.
An increased need for efficiency in supplying coal in sufficient quantity and quality has led to a need for complete system optimization. Coal handling equipment is used to extract coal from its reserves or coal mines. Coal handling equipment includes surface mining equipment, underground mining machinery, crushing, pulverizing, and screening equipment, mining drills and breakers, and other equipment such as coal drills and portable drill rigs.
One of the emerging trends in the market is the increased coal mining activity. The need for power has grown tremendously in developing countries, which has increased the demand for more coal to generate thermal power.
According to the report, one of the major drivers in the market is the importance of coal as a preferred fuel for generating power, which has a huge market potential in countries such as China and India.
Further, the report states that one of the major challenges faced by the market is the depletion of coal reserves worldwide.
The report covers coal handling equipment in the following types of applications:
- Surface mining
- Underground mining
- Crushing, pulverizing, and screening
- Mining drills and breakers
- Others (includes equipment such as coal drills and portable drill rigs)
- Atlas Copco
- Hitachi Construction Machinery
- Roberts and Schaefer
Other Prominent Vendors
- Aesha Conveyors and Crushing Equipment
- Elecon EPC Projects
- Fab 3R
- GMV Engineering
- Mitrays Industries
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Application
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/8dqk76/global_coal