2017 Global Mining Equipment Industry - Deep Research Report
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2017 Global Mining Equipment Industry - Deep Research Report

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Despite some short term weakness, the worldwide mining machinery market is forecast to expand 8.6 percent per year through 2017 to $135 billion, spurred by voracious demand for mined materials in ...

Despite some short term weakness, the worldwide mining machinery market is forecast to expand 8.6 percent per year through 2017 to $135 billion, spurred by voracious demand for mined materials in China, India, and several other developing nations as industrial output increases. Global patterns of investment in mining capacity will be determined in large part by these industrializing countries, as resource companies look to capitalize on new sales opportunities.

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2017 Global Mining Equipment Industry - Deep Research Report 2017 Global Mining Equipment Industry - Deep Research Report Presentation Transcript

  • World Mining Equipment to 2017 by Freedonia Group Explore all reports for “Mining Equipment” market @ http://www.rnrmarketresearch.com/reports/energypower/mining/mining-equipment . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • World Mining Equipment to 2017 The collection of ‘Mining Equipment’ market research reports has a new addition of “World Mining Equipment to 2017” on RnRMarketResearch.com. World demand to rise 8.6% annually through 2017 Despite some short term weakness, the worldwide mining machinery market is forecast to expand 8.6 percent per year through 2017 to $135 billion, spurred by voracious demand for mined materials in China, India, and several other developing nations as industrial output increases. Global patterns of investment in mining capacity will be determined in large part by these industrializing countries, as resource companies look to capitalize on new sales opportunities. Rapid gains in mining equipment demand will occur in large developing markets such as Brazil, China, and India, with China being the largest purchaser by a wide margin. Additionally, machinery demand will expand in other nations with large deposits of industrial materials, including Australia, Chile, Indonesia, and Peru. Request a sample copy of this report @ http://www.rnrmarketresearch.com/contacts/request-sample?rname=141277 . © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441
  • World Mining Equipment to 2017 Asia/Pacific region to see greatest sales growth The large Asia/Pacific market is expected to post the greatest sales growth through 2017, fueled by substantial investments in new mine production capacity in several nations. Strong gains will also be recorded in Central and South America, as mining companies look to develop the region’s sizable deposits of bauxite, copper, and iron ore. For example, this region is the largest producer of copper by a wide margin, and the dissipation of oversupply issues that existed in 2012 and 2013 will allow copper prices to recover and boost associated mining equipment demand. The Africa/Mideast region will post the next strongest market advances, followed by Eastern Europe, Western Europe, and North America. In developed areas, a recovery in construction spending and manufacturing output will boost demand for nearly all types of mined materials, though more emphasis on environmentally friendly sources of electricity will dampen thermal coal output. Key metals mining market to raise at the most rapid pace While metals mining accounts for a lesser share of mine output than nonmetallic minerals and coal in volume terms, this application represents the largest segment of the global mining machinery market due to the large amount of material that typically must be removed per ton of metal produced. Complete report available @ http://www.rnrmarketresearch.com/world-mining-equipment-to-2017© RnRMarketResearch.com ; market-report.html . sales@rnrmarketresearch.com ; +1 888 391 5441
  • World Mining Equipment to 2017 For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441 RnR Market Research RnRMarketResearch.com, an online repository of market research reports, offers in-depth analysis of over 5000 market segments. RnR Market Research library has syndicated reports by leading market research publishers across the globe. © RnRMarketResearch.com ; sales@rnrmarketresearch.com ; +1 888 391 5441