Newly released market study: Global Underground Mining Equipment Market 2015-2019

New Energy research report from TechNavio is now available from Fast Market Research

[USPRwire, Sun Nov 01 2015] Mining equipment such as trucks, dozers, drillers, hydraulic pumps, conveyor belts, and compressors are used to extract natural resources like metals, coal, and minerals (including iron ore, titanium, and bauxite).

Underground mining involves mineral production by extracting natural resources from beneath the earth's surface. The mining methods required for underground extraction are selected based on parameters such as geographical conditions, spatial and geometric characteristics, economic value of ore, estimated operational costs, and availability of raw materials.

Technavio's analysts forecast the global underground mining equipment market to grow at a CAGR of 4.04% over the period 2014-2019.

Full Report Details at

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

Key Regions

* Americas

Key Vendors

* Caterpillar
* Joy Global
* Komatsu
* Sandvik

Other Prominent Vendors

* Boart Longyear
* Doosan Infracore
* Eickhoff
* FLSmidth
* Hitachi Construction Machinery
* Kennametal
* Liebherr-International
* Metso
* ThyssenKrupp
* Volvo

Market Drivers

* Growing demand from coal mining industry
* For a full, detailed list, view our report

Market Challenges

* Stringent government regulations
* For a full, detailed list, view our report

Market Trends

* Optimizing efficiency using energy-efficient underground 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?

Companies Mentioned in this Report: Caterpillar, Joy Global, Komatsu, Sandvik, Boart Longyear, Doosan Infracore, Eickhoff, FLSmidth, Kennametal, Hitachi Construction Machinery, Liebherr-International, Metso, ThyssenKrupp, Volvo.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Construction & Mining Equipment Market- Global Trends & Forecasts to 2019
- Global Coal Handling Equipment Market in the Mining Industry 2014-2018
- Global Water and Waste Water Market in Mining Industry 2014-2018
- Global Industrial WasteWater Treatment Equipment Market 2015 -2019
- Global Mining Equipment Market 2015-2019

Company: Fast Market Research, Inc.

Contact Name: Bill Thompson

Contact Email:

Contact Phone: 1-413-485-7001

>>Visit website