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Mining Equipment Market in APAC to Grow at a CAGR of 8.05% over the Period 2014-2019, Finds New Report

Market Research Reports, Inc. has announced the addition of “Mining Equipment Market in the APAC Region 2015-2019” research report to their website http://www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 03/24/2015 -- Report forecast the Mining Equipment Market in APAC to grow at a CAGR of 8.05 percent over the period 2014-2019.

Mining equipment extracts natural resources from the earth. Mining equipment uses mechanical energy to move rocks or heavy surfaces and drill holes in the earth's surface. Typically, the Mining industry uses Transportation equipment, excavation equipment, and screening and washing equipment.

This report covers the present scenario and the growth prospects of the Mining Equipment Market in APAC during the period 2015–2019. For ascertaining the market size and vendor share, the report considers revenue obtained from the sales of mining equipment products.

According to the report, increased demand from the Coal Mining industry is one of the major drivers helping the growth of the market. The increase in urbanization and infrastructure has led to increased demand for power and energy in countries such as China and India. As coal plays a major role in the generation of electricity, the rise in demand for energy leads to increased demand for coal production. This in turn drives the demand for mining equipment.

Further, the report states that the increase in government regulations is one of the key challenges that the market faces. Moreover, industrial safety regulations, various countries have passed regulations and standards on emission control to protect the environment. The Coal Mining industry consumes large amounts of energy and emits various greenhouse gases and other pollutants into the environment.

The Mining Equipment Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Mining Equipment market in APAC landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Mining Equipment Market in the APAC Region: Dove Equipment and Machinery, Hitachi Construction Machinery Co., Ltd. and Komatsu Corp.

Other Prominent Vendors in the market are: Aesha conveyers and Crushing Equipment, Doosan Infracore and Mitrays Industries.

Market Driver
- Demand from Coal Mining Industry
- For a full, detailed list, view our report

Market Challenge
- Increase in Government Regulations
- For a full, detailed list, view our report

Market Trend
- Technological Advancements in Mining Equipment
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 66 pages "Mining Equipment Market in the APAC Region 2015-2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Buying Criteria, Market Segmentation by End-User, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis,

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/mining-equipment-market-apac-region-2015-2019

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