Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2012 - 2018

The global mining equipment market is primarily driven by factors such as the increase in mining activities and the rising demand for metal and mineral commodities. The mining market is witnessing substantial growth after the economic crisis in 2010. Some other factors such as the enhanced demand for technically advanced solutions especially in developing countries is bolstering the growth of the global mining equipment market. Asia Pacific region dominates the global mining equipment market owing to tremendous growth of mining activities in China. 

Browse the full report at  http://www.transparencymarketresearch.com/mining-equipment.html

The report titled “Mining Equipment Market – Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2012 – 2018,” provides in depth analysis, market size estimates, market shares and forecast for the period 2012 – 2018, for the mining equipment market across the globe. 

The global mining equipment market is segmented into six sub segments by equipment types namely, – mining drills and breakers, crushing, pulverizing and screening equipment, mineral processing machinery, surface mining equipment, underground mining machinery and other mining equipments. Metal mining, mineral mining and coal mining are the three main application sub segments of the global mining equipment market. The market has also been segmented and analyzed by geography into North America, Asia Pacific, Europe and rest of the world regions. Market estimates and forecasts are made after critical analysis of various macro and micro economic factors which directly and indirectly affect the market growth. The strategic analysis of the global market for mining equipment, and the market growth forecast for the period 2012 to 2018 has been included in the report. 

According to a new market report published by Transparency Market Research "Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018," the global mining equipment market is expected to reach USD 117.0 billion by 2018 from USD 71.5 billion in 2012 at a CAGR of 8.5% from 2012 to 2018. The Asia Pacific market was in a commanding position having contributed more than 60% of the entire mining equipment market share in 2012.

Browse the full report at  http://www.transparencymarketresearch.com/mining-equipment.html

The global mining equipment market is primarily driven by factors such as increasing mining activities in developing countries and the rising demand for technically advanced solutions across the globe. The large iron ore projects planned in Brazil, Russia, Australia, Africa and other regions are expected to drive the mining equipment industry in coming years. Mining activities in oil refineries, coal mining and other underground mining activities taking place in the emerging markets, especially Latin America and Asia Pacific are leading to huge demand for mining equipment in these regions.

The surface mining equipment market holds the largest share and accounts for nearly 37% of the entire mining equipment market owing to the rising demand for metal and mineral commodities. The mining drills and breakers market is expected to be the fastest growing market in the coming years owing to their increasing demand from developing countries. These equipments are imperative in most operations, where breaking through the ground and subsurface materials are necessary. The market for underground mining equipment holds the second largest share in the global mining equipment market and is expected to grow at a moderate growth rate from 2012 to 2018. Underground mining equipment includes hydraulic shovels, cable shovels, continuous mining machines, long wall mining machines and drag lines.

Browse all Energy Industry Research Reports @ http://www.transparencymarketresearch.com/energy-market-reports-3.html