Global Mining Equipm

Mining is a primary economic activity of obtaining minerals and rare metals from deep inside the earth. In a wider sense, mining could be defined as the extraction of non-renewable resources such as natural gas, petroleum, limestone, coal, and many more. The continuous demand for minerals and rare metals has propelled the expansion of this industry and played a vital role in encouraging mining equipment companies to offer technologically advanced equipment. This helps them perform mining operations better such as drilling, crushing, and pulverizing. The drivers for this market are the increasing mining activities in the region, rise in automation of mining operation, and growth in demand for resource exploration.

This report covers the market for mining equipment in terms of volume and value. The market demand volume is provided in terms of thousand units; whereas the value for the market is provided in terms of $million 2012 to 2019. Further it analyses the mining equipment market which can be broadly segmented by Product that is mining drills & breakers, crushing, pulverizing & screening equipment, mineral processing machinery, surface mining equipment, underground mining machinery, and others; by Application that is metal mining, coal mining, and mineral mining; and by Region that is Asia-Pacific, Europe, North-America, and RoW) focusing on major countries of each region.

The report classifies and defines the mining equipment market by volume and value, while providing qualitative insights about the mining equipment products. It also analyses comprehensively the market drivers, restraints, opportunities, challenges and key issues in the mining equipment market. The key players in the market for mining equipment have also been identified and profiled.