Global Underground Mining Equipment Market 2017-2021 - Product Image

Global Underground Mining Equipment Market 2017-2021

  • ID: 4438652
  • Report
  • Region: Global
  • 96 pages
  • TechNavio
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FEATURED COMPANIES

  • AARD Mining Equipment
  • Boart Longyear
  • CME
  • Komatsu
  • Rockmore International
  • Sulzer
  • MORE
About Underground Mining Equipment

Mining is the process used to extract valuable minerals, rocks, metals, or other geological materials from the earth in the form of vein, seam, reef, lode, orebody, or placer deposits. These extracted materials form a mineralized package, which is profitable for the miner. Ores that are extracted by the process of mining include coal, metals, rock salt, potash, gravel, limestone, oil shale, gemstones, chalk, dimension stone, and clay. Mining is also used to extract non-renewable resources, such as crude oil and natural gas.

The analysts forecast the global underground mining equipment market to grow at a CAGR of 4.29% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global underground mining equipment market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Underground Mining Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Atlas Copco
  • Boart Longyear
  • Caterpillar
  • Komatsu
  • Sandvik
Other prominent vendors
  • AARD Mining Equipment
  • CME
  • FURUKAWA
  • Guizhou Sinodrills Equipment
  • Mindrill Systems & Solutions
  • REVATHI EQUIPMENT
  • Rockdrill Services Australia
  • Rockmore International
  • Sulzer
  • TEI Rock Drills
Market drivers
  • Stabilization of industrial commodity prices
  • For a full, detailed list, view the full report
Market challenges
  • Increasing popularity of rental underground mining equipment
  • For a full, detailed list, view the full report
Market trends
  • Integration of IoT in underground mining equipment for remote monitoring
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AARD Mining Equipment
  • Boart Longyear
  • CME
  • Komatsu
  • Rockmore International
  • Sulzer
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 06: MARKET SIZING
  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Room and pillar mining
  • Longwall mining- Market size and forecast 2016-2021
  • Borehole mining - Market size and forecast 2016-2021
  • Market opportunity by application
PART 09: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC - Market size and forecast 2016-2021
  • Americas - Market size and forecast 2016-2021
  • EMEA - Market size and forecast 2016-2021
  • Key leading countries
  • Market opportunity
PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 12: MARKET TRENDS
  • Integration of IoT in underground mining equipment for remote monitoring
  • Provisions for eco-efficient mining process
PART 13: VENDOR LANDSCAPE
  • Competitive scenario
PART 14: VENDOR ANALYSIS
  • Vendors covered
  • Atlas Copco
  • Boart Longyear
  • Caterpillar
  • Komatsu
  • Sandvik
PART 15: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Current and future market prospects of type of underground mining 2016 and 2021
Exhibit 02: Current and future market prospects of geographic regions 2016 and 2021
Exhibit 03: Related market
Exhibit 04: Global underground mining equipment market
Exhibit 05: Market characteristics
Exhibit 06: Market segments
Exhibit 07: Market definition - Inclusions and exclusions checklist
Exhibit 08: Market size 2016
Exhibit 09: Validation techniques employed for market sizing 2016
Exhibit 10: Global underground mining equipment market - Market size and forecast 2016-2021 ($ mn)
Exhibit 11: Global underground mining equipment market- Year-over-year growth 2017-2021 (%)
Exhibit 12: Five forces analysis 2016
Exhibit 13: Five forces analysis 2021
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces
Exhibit 20: Application - Market share 2016-2021 (%)
Exhibit 21: Comparison by application
Exhibit 22: Room and pillar mining - Market size and forecast 2016-2021 ($ mn)
Exhibit 23: Room and pillar mining- Year-over-year growth 2017-2021 (%)
Exhibit 24: Longwall mining- Market size and forecast 2016-2021 ($ mn)
Exhibit 25: Longwall mining - Year over year growth 2017-2021 (%)
Exhibit 26: Borehole mining - Market size and forecast 2016-2021 ($ mn)
Exhibit 27: Borehole mining - Year-over-year growth 2017-2021 (%)
Exhibit 28: Market opportunity by application
Exhibit 29: Global underground mining equipment market - Market share by geography 2016-2021 (%)
Exhibit 30: Regional comparison
Exhibit 31: APAC - Market size and forecast 2016-2021 ($ mn)
Exhibit 32: APAC - Year-over-year growth 2017-2021 (%)
Exhibit 33: Five largest coal mines in APAC
Exhibit 34: Growth rate of passenger cars sales in China 2010-2016 (%)
Exhibit 35: Electric power consumption (kWh per capita) in China 2008-2014
Exhibit 36: Americas - Market size and forecast 2016-2021 ($ mn)
Exhibit 37: Americas - Year-over-year growth 2017-2021 (%)
Exhibit 38: Five largest coal mines in Americas
Exhibit 39: Electric power consumption (kWh per capita) in Brazil 2008-2014
Exhibit 40: EMEA - Market size and forecast 2016-2021 ($ mn)
Exhibit 41: EMEA - Year-over-year growth 2017-2021 (%)
Exhibit 42: Prominent mines in EMEA
Exhibit 43: Key leading countries
Exhibit 44: Electric car stock 2010-2016 (in thousands)
Exhibit 45: Interest rates on housing per annum in US, UK, Japan, Germany, and Australia.
Exhibit 46: Decreasing unemployment rate in US 2010-2016
Exhibit 47: Aluminum and copper prices during 2013-2016
Exhibit 48: Key vendors
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FEATURED COMPANIES

  • AARD Mining Equipment
  • Boart Longyear
  • CME
  • Komatsu
  • Rockmore International
  • Sulzer
  • MORE
New Report Released: - Global Underground Mining Equipment Market 2017-2021

The author of the report recognizes the following companies as the key players in the global underground mining equipment market: Atlas Copco, Boart Longyear, Caterpillar, Komatsu, and Sandvik.

Other Prominent Vendors in the market are: AARD Mining Equipment, CME, FURUKAWA, Guizhou Sinodrills Equipment, Mindrill Systems & Solutions, REVATHI EQUIPMENT, Rockdrill Services Australia, Rockmore International, Sulzer, and TEI Rock Drills.

Commenting on the report, an analyst from the research team said: “One trend in the market is integration of IoT in underground mining equipment for remote monitoring. The surface mining equipment industry has evolved over the years and will continue to adopt new practices and strategies for improved customer experience. Changes in underground mining equipment are driven by evolving technology, such as performance monitoring and remote monitoring.”

According to the report, one driver in the market is stabilization of industrial commodity prices. Industrial commodity prices are expected to stabilize, helping related industries recover profit margins over the forecast period. According to the World Bank reports, crude oil prices are forecast to reach above the $60/barrel mark in 2018. This price recovery, coupled with concerted efforts of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC states will allow crude oil prices to stabilize gradually. This increase in oil prices is expected to increase the prices of energy commodities, such as coal and natural gas. The demand for coal is expected to rise, especially in China, which consumes half of the global coal output.

Further, the report states that one challenge in the market is increasing popularity of rental underground mining equipment. Most underground mining equipment is expensive. This makes it difficult for mining companies to buy new underground mining equipment for mining projects low on budget and short in duration. As a result, the trend of renting underground mining equipment is increasing globally. Mining companies are compelled to reduce the cost of mining projects. They do so by renting underground mining equipment on a weekly or a monthly basis, based on the project requirements. Equipment rental reduces the need for buying a new underground mining equipment and maintaining it for an extended period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Atlas Copco
  • Boart Longyear
  • Caterpillar
  • Komatsu
  • Sandvik
  • AARD Mining Equipment
  • CME
  • FURUKAWA
  • Guizhou Sinodrills Equipment
  • Mindrill Systems & Solutions
  • REVATHI EQUIPMENT
  • Rockdrill Services Australia
  • Rockmore International
  • Sulzer
  • TEI Rock Drills
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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