Demand for mining equipment in China is projected to grow 7.1 percent annually through 2013. Underground mining machinery will remain the largest product group, while crushing, pulverizing and screening equipment grows the fastest. Coal mining will continue as the largest market segment, while metal mining leads gains.
This study analyzes the 107 billion yuan mining equipment industry in China. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., underground mining machinery, surface mining machinery, mining drills, crushing/pulverizing/screening equipment, mineral processing machinery), market (coal, metal and mineral mining) and geographic region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Xuzhou Construction Machinery Group, Northern Heavy Industries Group and Caterpillar.
