Global Surface Mining Equipment Market 2017-2021

Published: October 2017
No. of Pages: 67
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Surface mining is a popular method of mining and is practiced worldwide because of its advantages over underground mining. Major advantages of surface mining include: Can recover up to 100% of the mining resources within mining excavation, and Cheaper than underground mining. Surface mining uses heavy equipment, such as excavators, large hydraulic excavators, mining trucks, hydraulic mining shovels, and rotary drills, to remove the overburden. It then makes use of mining equipment, such as dragline, to extract minerals.

The analysts forecast global surface mining equipment market to grow at a CAGR of 3.24% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global surface 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

This report, Global Surface 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
  • Caterpillar
  • Komatsu
  • LARSEN & TOUBRO
  • Sandvik

Other prominent vendors

  • Hitachi Construction Machinery
  • Vermeer
  • JCB
  • Vale
  • XCMG
  • Terex
  • SANY GROUP
  • Metso
  • Kobelco Construction Machinery
  • AB Volvo
  • Deere
  • WIRTGEN GROUP

Market driver

  • Rise in demand for housing projects globally
  • For a full, detailed list, view our report

Market challenge

  • Environment regulations for mining activities
  • For a full, detailed list, view our report

Market trend

  • Environment-friendly mining activities
  • For a full, detailed list, view our 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?

Published By: Technavio
Product Code: Technavio17814


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