Posted in | Mining Equipment

US Mining Equipment Market Forecast to Grow at 8.27% CAGR During 2014-2019

Research and Markets has announced the addition of the "Mining Equipment Market in the US 2015-2019" report to their offering.

The Mining Equipment market in the US to grow at a CAGR of 8.27% over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Mining Equipment market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of mining equipment and from services.

One key trend upcoming in this market is the increased demand for energy-saving equipment. The Mining industry is one of the major end-users of energy. Coal, mineral, and metal mining require large amounts of energy. In addition, energy costs are expected to account for more than 10-15 percent of the total production costs.

According to the report, one of the key factors driving market growth is the increase in mining activities throughout the US. Mining activities have witnessed huge growth in the US. The country is also a major producer of minerals and metals such as gold, silver, and uranium.

Further, the report states that the need for high initial investment is a key challenge affecting overall market revenue. Many mining end-users are finding it difficult to invest large amounts of money in mining equipment and prefer cost-effective mining equipment.

Key Vendors

  • Caterpillar
  • Joy Global
  • Roberts and Schaefer

Other Prominent Vendors

  • Alcoa
  • P&H Mining Equipment
  • Kennametal

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Coal Industry Overview in US
  7. Market Landscape
  8. Market Segmentation by Product
  9. Buying Criteria
  10. Market Segmentation by End-users
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/tzk587/mining_equipment

Source: http://www.researchandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit