The purpose of the report is to illustrate the state of the market of Surface Mining Equipment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The surface mining equipment market is growing steadily with steadily growing population and rising demand for metal and minerals across the world. In addition, recovering construction industry represents a positive outlook for surface mining equipment. Mine operators in U.S., Europe and Japan are replacing their old machineries with advanced solutions in order to provide quality aggregates and meet high global demand. In addition, stringent government regulations in these markets are forcing mine operators to deploy advanced machineries and equipment to reduce emission and match safety regulations.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Surface Mining Equipment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Surface Mining Equipment contains:
Analysis and forecast of Surface Mining Equipment market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Surface Mining Equipment market;
Assessment and forecast of Surface Mining Equipment market development;
Financial and business profiles of the leading companies in the Surface Mining Equipment industry.
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– Up to date working Surface Mining Equipment data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Surface Mining Equipment for the period 2018 to 2026
– Planned Surface Mining Equipment additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Surface Mining Equipment projects by region, key countries, and companies
– Details of major planned Surface Mining Equipment projects in the world up to 2026
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