The global mining
industry is forecast to witness excellent growth over the next five years. The industry is estimated to reach US
$1,783 billion by 2017, with a CAGR of 7.4% from 2012 to 2017. The highly fragmented industry comprises the mining
of iron ore, coal, precious metals, diamonds, bauxite, manganese, and base metals. The companies in the industry
have adopted new technologies to increase productivity.
Lucintel, a leading global management
consulting and market research firm, has conducted a competitive analysis on the trends and forecasts of the
industry and presents its findings in “Global Mining Industry 2012-2017: Trend, Profit, and Forecast
Analysis.” The industry is currently using bioleaching technology and automated remote technology for
mining, which are anticipated to lead the industry toward sustained growth.
discusses the numerous challenges faced by the industry. The mining market mainly deals with the iron ore, coal,
and various precious metals. The scarcity of raw materials, minerals, and valuable metals affect the industry
growth. The mining market could also be affected by the increasing rate of recycling of various materials.
In analyzing the factors that affect the growth rate, Lucintel finds that increased demand of iron ore by
power plants, the construction industry, and for ports; usage of aluminum in the transportation sector; and demand
from the oil and gas sector influenced industry growth. The developing economies of the world are investing in
infrastructure development and the construction sector, which drives the growth potential.
study can provide industry leaders with a competitive benchmarking of the mining industry and up-to-date
information on market share, profit margins, capabilities, and strategies of the leaders. It is designed to offer
executives strategically significant competitor information, analysis, and insight, critical to the development
and implementation of effective marketing and sales plans.
This comprehensive guide from Lucintel
provides readers with valuable information and the tools needed to successfully drive critical business decisions
with a thorough understanding of the market’s potential. This report will save Lucintel clients hundreds of
hours in personal research time on a global market and it offers significant benefits in expanding business
opportunities throughout the global mining industry analysis. In a fast-paced ever-changing world, business
leaders need every advantage available to them in a timely manner to drive change in the market and to stay ahead
of their competition. This report provides business leaders with a keen advantage in this regard by making them
aware of emerging trends and demand requirements on an annual basis.
To make any investment or
strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of
the features of this market report are:
• Industry size estimates in terms
of (US $) value by regions and segments
• Global mining industry analysis
annual trend (2006-2011) and forecast (2012-2017)
• Porter’s Five Force
• New product launch and merger and acquisition activity in global mining
• Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis
(Q1 2012-Q4 2013) for global mining industry analysis
• Gross and net profit trends
in the global mining industry analysis
• Cost structure trend in the global as well
as regional mining analysis
• More than 48 valuable figures/charts and 11 tables
are provided in this report.