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The future of the mining equipment market in United States looks good with opportunities in underground mining and surface mining. The major drivers for the growth of this market are growth in mining activity, increasing demand of metal and mineral commodities, and rapid urbanization.
Emerging trends which have a direct impact on the dynamics of the mining equipment industry are underground automation systems for efficient mining, automatic power crushers for crushing and compacting operations, multi-functional excavators for construction and demining functions, use of hybrid electric motors for cost effective operations, and rail-veyor technology for bulk material hauling solutions.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this mining equipment market in United States report, download the report brochure.
Mining Equipment Market in United States by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for mining equipment Market in United States:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the mining equipment market in United States through 2025, segmented by product, application, and function as follows:
Mining Equipment Market by Product Type ($ Billion from 2014 to 2025)
Underground Mining Machinery
Surface Mining Machinery
Drills and Breakers
Crushing, Pulverizing, and Screening Equipment
Mineral Processing Machinery
Parts and Attachments
Mining Equipment Market by Application Type ($ Billion from 2014 to 2025)
Mining Equipment Market by Function Type ($ Billion from 2014 to 2025)
On the basis of its comprehensive research, Lucintel forecasts that the mineral processing machinery will show above average growth during the forecast period.
Within the mining equipment market, the surface mining equipment segment is expected to remain the largest market over the forecast period due to rising demand of metal and minerals across the world.
Some of the features of “Opportunities for the Mining Equipment Market in United States 2014-2025: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Mining equipment market size estimation in terms of value ($B) shipment.
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, and end use industry.
Segmentation analysis: Mining equipment market size by various applications such as product, application, and function segment in terms of value and volume shipment.
Growth opportunities: Analysis on growth opportunities in different product, application, and function for mining equipment in the mining equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. What are some of the most promising, high growth opportunities for the mining equipment market in United States by product (underground mining machinery, surface mining machinery, drills and breakers, crushing, pulverizing, and screening equipment, mineral processing machinery and parts and attachments), by application (coal, mineral and metal), and by function (transportation, processing and excavation)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this mining equipment market?
Q.4. What are the business risks and competitive threats in this mining equipment market?
Q.5. What are the emerging trends in this mining equipment market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the mining equipment market?
Q.7. What are the new developments in the mining equipment market? Which companies are leading these developments?