"According to a new country report published by Lucintel, the future of the mining equipment market in the United States looks good with opportunities in underground mining and surface mining. The mining equipment market in the United States is primarily driven by growth in mining activity, increasing demand of metal and mineral commodities, and rapid urbanization.
This report studies factors affecting the mining equipment market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that mineral processing machinery will show above average growth during the forecast period. Within the mining equipment market in the United States, surface mining equipment segment is expected to remain the largest market over the forecast period due to rising demand of metal and minerals across the world.
Emerging trends which have a direct impact on the dynamics of the mining equipment industry are underground automation systems for efficient mining, automatic power crushers for crushing and compacting operations, multi-functional excavators for construction and demining functions, use of hybrid electric motors for cost effective operations, and rail-veyor technology for bulk material hauling solutions.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the mining equipment market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Mining Equipment Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the mining equipment market in the United States by product, application, and function as follows:
Mining Equipment Market by Product Type ($ Billion from 2014 to 2025)
• Underground Mining Machinery
• Surface Mining Machinery
• Drills and Breakers
• Crushing, Pulverizing, and Screening Equipment
• Mineral Processing Machinery
• Parts and Attachments
Mining Equipment Market by Application Type ($ Billion from 2014 to 2025)
Mining Equipment Market by Function Type ($ Billion from 2014 to 2025)
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/mining-equipment.aspx or write to us at [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "