DUBLIN, October 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fns76c/global_mining) has announced the addition of the "Global Mining Truck Market 2014-2018" report to their offering.
Mining trucks, often referred to as haul trucks, are rigid dump trucks exclusively engineered for use in off-highway operations such as high-production mining and heavy-duty construction environments. Mining trucks are classified on the basis of capacity, number of axles, drive options, and dump types.
The analysts forecast the Global Mining Truck market to grow at a CAGR of 4.61 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global Mining Truck market for the period 2013-2018. The report includes historical sales of mining trucks in the global mining industry.
The market size is determined by the number of unit sales. In addition, the report discusses the major drivers that influence the growth of the Global Mining Truck market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
One major trend emerging in the market is the growth of the equipment rental business worldwide. Owing to the high prices of mining trucks and other mining equipment, vendors provide equipment on rental basis as it is more cost-effective to the customers.
According to the report, the high margin aftermarket is one of the major drivers of market growth. This has helped with the growth of the market as an increasing number of aging mining trucks in the market need upgrades and overhauls, and in some cases, complete replacement.
Further, the report states that the shortage of skilled operators is one of the key challenges in the market. Mining trucks requires a high level of technical expertise and highly skilled personnel that can operate the truck with maximum efficiency and safety.
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. Industry Overview
07. Market Landscape
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Hitachi Construction Machinery
- BelAZ JSC
- Liebherr Group
For more information visit http://www.researchandmarkets.com/research/fns76c/global_mining
Media Contact: Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets