The world market for mining equipment is projected to climb 8.5 percent annually through 2015 to $92 billion. The Asia/Pacific region will remain the fastest growing market. Metals and coal mining will lead gains by application. Mining drills and breakers will pace demand among product segments.
This study analyzes the $61 billion world mining equipment industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by market (metals mining, minerals mining, coal mining), mining machinery type (e.g., surface; underground; drills and breakers; crushing, pulverizing and screening; mineral processing), world region and for 31 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 44 industry competitors, including Caterpillar, Komatsu and Sandvik.