Global demand for specialized mining machinery and equipment will grow 5.9 percent annually through 2011. Gains will be fueled by continued demand for commodities such as iron ore and copper, and an ongoing boost in coal output. China and India are the fastest growing markets.
This study analyzes the $25.2 billion world mining equipment industry. It presents historical demand data for the years 1996, 2001 and 2006, and forecasts for 2011 and 2016 by equipment type (e.g., crushing, pulverizing and screening; underground mining; drills and breakers; mineral processing; surface mining); application (metal, mineral, coal); world region and for 33 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 30 major players, including Sandvik, Joy Global, Bucyrus International, Atlas Copco, Metso, and Terex.