DUBLIN, June 24, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/fpbr7v/global_mining) has announced the addition of the "Global Mining Equipment Market 2014-2018" report to their offering.
The Mining industry is one of the major end-users of energy. Oil and gas mining, mineral mining, and metal mining require large amounts of energy. In addition, energy costs are expected to account for more than 10-15 percent of the total production cost in the Mining industry.
Hence, several mining equipment vendors have started developing energy-saving equipment. Also, the energy-saving policies implemented by the governments of various countries are creating a need for advanced energy-saving technologies.
Hence, the demand for energy-saving equipment in the Mining industry for transportation, excavation, washing, and screening processes is on the rise. This will have a positive impact on the growth of the Global Mining Equipment market.
According to the report, one of the major drivers in the market is the increase in mining activities in the global scenario. The market is experiencing huge market potential in countries such as Russia, Australia, Canada, China, India, South Africa, and Brazil.
Further, the report states that one of the major challenges faced by the market is the need for high initial investment. Many end-users prefer cost-effective mining equipment because they are finding it difficult to invest large amounts of money in traditional mining equipment.
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.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Market Segmentation by Product
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- Atlas Copco AB
- Boart Longyear Ltd.
- Caterpillar Inc.
- Doosan Infracore Co. Ltd.
- FLSmidth & Co. A/S
- Hitachi Construction Machinery Co. Ltd.
- Joy Global
- Kennametal Inc.
- Komatsu Ltd.
- Liebherr-International AG
- Metso Corp
- Sanvik Mining
- Volvo AB
For more information visit http://www.researchandmarkets.com/research/fpbr7v/global_mining
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SOURCE Research and Markets