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Mining Equipment Market

Global Mining Equipment Market is projected to be valued $168 Billion by 2024; with a CAGR of 7% from 2017 to 2025. Mining is the process of extraction of minerals and metals from the earth such as manganese, tanta

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Mining Equipment Market

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  1. Global Mining Equipment Market2017 – 2025 Published by :Accurize Market Research Pvt. Ltd. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  2. Global Mining Equipment Market is Estimated to Reach $168 Billion by 2024 • Global mining equipment market report published by Accurize Market Research forecast that the global market is expected to reach $168 billion by 2024; growing at a CAGR of 7% from 2017 to 2025. • By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period. • Request Sample: https://www.accurizemarketresearch.com/report/mining-equipment-market/sample-request Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  3. Global Mining Equipment Market • Increasing demand for metal and mineral supplies to drive the growth of the market • Increasing demand for metal and mineral supplies, and an increase in consumption of natural resources such as petroleum, coal &diamonds, and gold fuels the demand for the global mining equipment market. • Moreover, increasing the demand for fertilizers in the cultivation of crops also boosts the growth of the market. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  4. Market Segmentation • The global mining equipment market has been bifurcated on the basis of type, application, and geography. • By type, the market is bifurcated into mineral processing equipment, surface mining equipment, underground mining equipment, mining drills & breakers, crushing, pulverizing, & screening equipment, and others. • By application, the market is categorized into metal mining, mineral mining, and coal mining. • By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). • The U.S., Canada, and Mexico are covered under North America wherein Europe covers Western Europe and Eastern Europe. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  5. Market Segmentation • Asia-Pacific covers China, India, and others. RoW covers Central and South America, and Middle East & Africa. • Customize Report: https://www.accurizemarketresearch.com/report/mining-equipment-market/ask-for-customization • “Surface mining equipment accounted for the largest market share in the type segment", says Accurize • By type segment, surface mining equipment accounted for the largest market share in 2017, followed by underground mining. • Mining drills and breakers segment is likely to achieve the fastest CAGR during the forecast period 2017 – 2025. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  6. Market Segmentation • “Asia-Pacific dominated the global market with the highest market share over the forecast period", says Accurize • In 2017, Asia-Pacific held the majority of the market share with 64.8% and will continue to get the fastest CAGR during the forecast period, driven by the existence of a large volume of untapped resources, improving technologies and legislative, and increasing investments in several mining projects. • Increasing demand for coal in some countries such as India and China are also supplementing market growth in the region. RoW held the second largest market share with 13.5% in 2017. Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  7. Top players in the market • Major companies operating in the market include: • Komatsu Ltd • Caterpillar Inc • Doosan Group • Joy Global • Atlas Copco • AB Volvo • Hitachi Co. Ltd • Liebherr Group • Sandvik • Metso Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

  8. Contact Us: Accurize Market Research Pvt. Ltd. PUNE OFFICE: 306, ZEN BUSINESS CENTER, WAKAD, NEAR BHUMKAR CHOWK, MUMBAI BANGALORE HIGHWAY, PUNE-411057 Email: help@accurizemarketresearch.com Contact No: +1-339-368-6383 Copyright © 2019 Accurize Market Research sales@accurizemarketresearch.com

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