Global mining equipment demand will rise 4.9 percent annually through 2013. Gains will be driven by rising demand for commodities such as iron ore and copper, and the ongoing thirst for energy sources such as coal. China will be the fastest growing market and the largest producer of mining equipment.
This study analyzes the $45.4 billion world mining equipment industry. It presents historical demand data for the years 1998, 2003 and 2008, with forecasts for 2013 and 2018 by mining application (metal, coal, mineral), equipment type (surface; underground; drills and breakers; crushing, pulverizing and screening; mineral processing), world region and for 34 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Caterpillar, Sandvik and Komatsu.