Global Mechanical Drive Market for Mining Industry 2017-2021
SKU ID :TNV-10986397 | Published Date: 09-Aug-2017 | No. of pages: 76Description
About Mechanical Drives for Mining Industry
Mining involves extraction of valuable minerals from the earth’s crust. These mineral products have an economic value as they are used in many industries to manufacture end-products. These industries include automobile, manufacturing, energy, and construction. Ores recovered by mining include coal, oil shale, metals, gemstones, rock salt, and clay. The life cycle of a mining process consists of key steps that include exploration, production, closure, and post-mining. The major parts of mining process are exploration, mining, and processing.
Technavio’s analysts forecast the global mechanical drives market for mining industry to grow at a CAGR of 2.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mechanical drives market for mining industry for 2017-2021. To calculate the market size, the report considers the demand for mechanical drive products from the mining industry.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Mechanical Drives Market for Mining Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Nidec
• Siemens
• SKF
Market driver
• Global urbanization and industrialization
• For a full, detailed list, view our report
Market challenge
• Decline in mining-related investments
• For a full, detailed list, view our report
Market trend
• Shifting of mining activities to emerging economies
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Mining involves extraction of valuable minerals from the earth’s crust. These mineral products have an economic value as they are used in many industries to manufacture end-products. These industries include automobile, manufacturing, energy, and construction. Ores recovered by mining include coal, oil shale, metals, gemstones, rock salt, and clay. The life cycle of a mining process consists of key steps that include exploration, production, closure, and post-mining. The major parts of mining process are exploration, mining, and processing.
Technavio’s analysts forecast the global mechanical drives market for mining industry to grow at a CAGR of 2.99% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global mechanical drives market for mining industry for 2017-2021. To calculate the market size, the report considers the demand for mechanical drive products from the mining industry.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Mechanical Drives Market for Mining Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• ABB
• Nidec
• Siemens
• SKF
Market driver
• Global urbanization and industrialization
• For a full, detailed list, view our report
Market challenge
• Decline in mining-related investments
• For a full, detailed list, view our report
Market trend
• Shifting of mining activities to emerging economies
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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