DUBLIN, Apr. 24, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/tzk587/mining_equipment) has announced the addition of the "Mining Equipment Market in the US 2015-2019" report to their offering.
The Mining Equipment market in the US to grow at a CAGR of 8.27% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the Mining Equipment market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of mining equipment and from services.
One key trend upcoming in this market is the increased demand for energy-saving equipment. The Mining industry is one of the major end-users of energy. Coal, mineral, 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 costs.
According to the report, one of the key factors driving market growth is the increase in mining activities throughout the US. Mining activities have witnessed huge growth in the US. The country is also a major producer of minerals and metals such as gold, silver, and uranium.
Further, the report states that the need for high initial investment is a key challenge affecting overall market revenue. Many mining end-users are finding it difficult to invest large amounts of money in mining equipment and prefer cost-effective mining equipment.
- Joy Global
- Roberts and Schaefer
Other Prominent Vendors
- P&H Mining Equipment
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Coal Industry Overview in US
- Market Landscape
- Market Segmentation by Product
- Buying Criteria
- Market Segmentation by End-users
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/tzk587/mining_equipment
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SOURCE Research and Markets