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(IT-NEWSWIRE.COM, December 18, 2017 ) Mining can be defined as the extraction of minerals and non-renewable resources such as natural gas, petroleum, limestone, coal, and many more. Mining also includes the extraction of metals, coal, oil shale, gemstones, limestone, chalk and others. Increasing demand for metal and mineral commodities and increasing consumption of natural resources, such as coal, diamond, and uranium is fueling the growth of mining equipment.
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The major driver influencing the growth of mining equipment is the high performance equipment, increasing usage of coal and growth in demand for resource exploration, whereas high cost associated with the mining equipment can act as a restraining factor in the market. Increasing constructions of roads and railway tracks will presents various opportunity in the market in the coming years.
The "Mining Equipment Market Analysis to 2025" is a specialized and in-depth study of the mining equipment industry with a focus on the global market trend. The report aims to provide an overview of global mining equipment market with detailed market segmentation by type, application and geography. The global mining equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global mining equipment market based on type, application. It also provides market size and forecast till 2025 for overall mining equipment market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 15 counties globally along with current trend and opportunities prevailing in the region.
Global Mining Equipment Market Players:
1. Caterpillar Inc.
2. Komatsu Ltd.
3. Sandvik
4. Joy Global
5. Hitachi Co. Ltd.
6. Atlas Copco
7. AB Volvo
8. Doosan Group
9. Metso
10. Liebherr Group
Complete Report is Available at http://www.reportsweb.com/mining-equipment-market
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