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The global mining equipment market is growing due to increase in the demand for metal and mineral commodities. Global mining market is expected to grow to $137 billion with 8.5% yearly growth
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v www.alliedmarketresearch.com Global Mining Equipment Market Size, Share, Trends, Forecast, Global Analysis, Research, Report, Segmentation, Future Demand, 2012 - 2020
Report Overview The global mining equipment market is growing due to increase in the demand for metal and mineral commodities. Global mining market is expected to grow to $137 billion with 8.5% yearly growth. In spite of economic crisis in the world, the mining equipment market showed tremendous growth Developing countries such as China, Brazil, and India have large sources of natural ore such as coal, and minerals. Therefore, these are the key geographies for the mining equipment market. There are other factors driving the growth of the market in the positive direction, due to increase in the demand for consumption of natural resources. Mining equipment market is dominant in Asia-Pacific region due to increase in mining activities in countries such as China and India. This report provides an in depth analysis of current market trends available in the equipment, application and geographic segments. Key players in mining equipment market includes; Sandvik AB, Hitachi Construction Machinery, Komatsu Limited, Atlas Copco Ab Joy Global Inc. Breaker Technology, Astec Industries, Bucyrus International, Caterpillar Incorporated, China Coal Energy Company Limited
KEY BENEFITS • Value chain analysis explained in this report provides intelligence about the flow of value from manufacturers to the end users that gives clear picture of value delivery • Evaluation and analysis of top 10 factors impacting market with impact analysis so that companies get intellect for recent developments • This report provides market forecast for all the segments and sub segments included in mining equipment market. • To analyze the market factors in various geographic regions to understand the market opportunities • Porters five force model provides potential for market to grow in future through competitor analysis and other factors
Global Market, By Geography North America, Europe, Asia Pacific, LAMEA
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