Global U.S. Underground Mining Equipment Market Size, Share, Value, And Competitive Landscape 2021-2026

Report Description
Introduction

Underground mining is a process used to access ores and valuable minerals in the grounds by digging into the ground to extract them. Underground Mining is generally carried out when minerals or precious stones are so buried that surface mining is not an option. Underground rooms are created to facilitate the mining operations. Specialized underground mining equipment is used to undergo this technique.

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As per MRFR analysis, the US Underground Mining Equipment Industry is majorly driven by increase in mining activities. In the US, the rising number of mining sites has enhanced the demand for mining equipment. From the application segment analysis, coal mining holds the maximum share in underground mining and which has led to high demand of specialized mining equipment across the US. Furthermore, the government supportive regulations and policies regarding mining safety, employment, environment, and equipment usage have fueled the demand for the underground mining equipment in the US. Market Research Future predicts the market is projected to reach USD 4,321.1 million by 2021 with 4.3% CAGR during review period of 2016-2021.

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Key Players
The leading market players in the US Underground mining market primarily include Komatsu Ltd, Caterpillar Inc., Joy Global Inc., Sandvik AB, Volvo AB, Hitachi Construction Machinery Co. Ltd., Doosan Infracore Co. Ltd., Boart Longyear Ltd., Flsmidth Group, Kennametal, Inc., Liebherr – International Deutschland Gmbh, Metso Corporation, and Thyssenkrupp AG.

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Study Objectives of US Underground Mining Equipment Industry
• To provide detailed analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the US Underground Mining Equipment Industry
• To provide insights about factors affecting the market growth
• To Analyze the US Underground Mining Equipment Industry based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segment by Type of Mining, Application and by Region.
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the US Underground Mining Equipment Industry

Target Audience
• Manufactures of  end-use industry
• Raw material Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager

Key Findings
• Underground mining equipment market is anticipated to experience steady growth in the U. S. market.
• As per MRFR analysis, the US underground mining equipment market will grow from US USD 3,497.5 million in 2016 to USD 4,321.1 million in 2021 at a CAGR of 4.3%.
• The market volume of U.S. underground mining equipment has been estimated 868 units in 2016 to 1,036 Units in 2021 expanding at a CAGR of 3.6%.
• Bases on applications, coal mining is expected to be the leader in underground mining equipment market and expected to reach 649 Units in 2016. The share is attributed to the high demand for coal energy from emerging market.

Country Analysis of US Underground Mining Equipment Industry
As per the MRFR analysis, the US Underground Mining Equipment market is poised to reach US $3,497.5 million in 2021, to grow at a CAGR of around 3.8% during the forecasted period. Midwest and South region will grow at a CAGR of approximately 4.2% and 3.5% respectively.
The reports also cover country level analysis:
• United States
o Midwest
o South
o West
o Northwest

 

Table of Content

1 INTRODUCTION 12
1.1 DEFINITION AND SPECIFICATIONS OF UNDERGROUND MINING EQUIPMENT 12
1.2 CLASSIFICATION OF UNDERGROUND MINING EQUIPMENT 12
1.2.1 LONGWALL EXTRACTION 12
1.2.2 ROOM AND PILLAR EXTRACTION 12
1.3 APPLICATIONS OF UNDERGROUND MINING EQUIPMENT 12
1.3.1 COAL MINING 12
1.3.2 METAL MINING 13
1.3.3 MINERAL MINING 13
1.4 INDUSTRY CHAIN STRUCTURE OF UNDERGROUND MINING EQUIPMENT 13
1.4.1 EARLY STAGE EXPLORATION 14
1.4.2 EXPLORE 14
1.4.3 ESTABLISH FEASIBILITY 14
1.4.4 MINE & MOVE 14
1.4.5 EXTRACTION & PROCESSING 15
1.4.6 MARKET & SELL 15
1.5 INDUSTRY OVERVIEW OF UNDERGROUND MINING EQUIPMENT 15
1.6 INDUSTRY POLICY ANALYSIS OF UNDERGROUND MINING EQUIPMENT 16
1.7 INDUSTRY NEWS ANALYSIS OF UNDERGROUND MINING EQUIPMENT 17
2 MANUFACTURING COST STRUCTURE ANALYSIS OF UNDERGROUND MINING EQUIPMENT 18
2.1 LABOR COST ANALYSIS OF UNDERGROUND MINING EQUIPMENT 18
2.2 MANUFACTURING COST STRUCTURE ANALYSIS OF UNDERGROUND MINING EQUIPMENT 18
2.3 MANUFACTURING PROCESS ANALYSIS OF UNDERGROUND MINING EQUIPMENT 19
2.4 USA PRICE OF UNDERGROUND MINING EQUIPMENT 2011-2016 19
3 TECHNICAL DATA AND MANUFACTURING PLANTS ANALYSIS 20
3.1 PRODUCTION CAPACITY OVERVIEW OF U.S. UNDERGROUND MINING, 2013-2014 20
3.2 CAPACITY AND COMMERCIAL PRODUCTION DATE OF U.S. KEY MANUFACTURERS IN 2014 20
3.3 MANUFACTURING PLANTS DISTRIBUTION OF KEY U.S. UNDERGROUND MINING EQUIPMENT MANUFACTURERS IN 2014 21
4 PRODUCTION ANALYSIS OF UNDERGROUND MINING EQUIPMENT BY REGION, PRODUCT TYPE AND APPLICATION 22
4.1 USA UNDERGROUND MINING PRODUCTION BY REGION 2013-2014 (THOUSAND TONS) 22
4.2 USA PRODUCTION OF UNDERGROUND MINING EQUIPMENT BY REGION 2011-2016 23
4.3 USA PRODUCTION OF UNDERGROUND MINING EQUIPMENT BY PRODUCT TYPES 2011-2016 24
4.4 USA SALES OF UNDERGROUND MINING EQUIPMENT BY APPLICATION, 2011-2016 25
4.5 USA, PRODUCTION, SALES, PRICE, COST AND REVENUE OF UNDERGROUND MINING EQUIPMENT 2011-2016 26
5 CONSUMPTION VOLUME AND CONSUMPTION VALUE ANALYSIS OF UNDERGROUND MINING EQUIPMENT BY REGION 27
5.1 U.S. CONSUMPTION VOLUME OF UNDERGROUND MINING EQUIPMENT BY REGION, 2011-2016 27
5.2 U.S. CONSUMPTION VALUE OF UNDERGROUND MINING EQUIPMENT BY REGION, 2011-2016 28
5.3 U.S. CONSUMPTION PRICE ANALYSIS OF UNDERGROUND MINING EQUIPMENT BY REGION, 2011-2016 30
6 ANALYSIS OF UNDERGROUND MINING EQUIPMENT PRODUCTION AND SALES MARKET STATUS 2011-2016 31
6.1 PRODUCTION AND SALES OF UNDERGROUND MINING EQUIPMENT 2011-2016 31
6.2 PRODUCTION MARKET SHARE AND SALES MARKET SHARE OF US UNDERGROUND MINING EQUIPMENT IN 2014-2015 (% SHARE) 31
6.3 IMPORT, EXPORT AND CONSUMPTION OF US UNDERGROUND MINING EQUIPMENT 2010-2015 31
6.4 SALES OVERVIEW OF UNDERGROUND MINING EQUIPMENT 2011-2016 32
7 ANALYSIS OF UNDERGROUND MINING EQUIPMENT INDUSTRY KEY MANUFACTURERS 33
7.1 KOMATSU LTD. 33
7.1.1 BUSINESS OVERVIEW 33
7.1.2 FINANCIALS 33
7.1.3 PRODUCT PORTFOLIO 34
7.1.4 BUSINESS STRATEGIES 34
7.1.5 RECENT DEVELOPMENT 35
7.2 CATERPILLAR INC. 36
7.2.1 BUSINESS OVERVIEW 36
7.2.2 FINANCIALS 36
7.2.3 PRODUCT PORTFOLIO 37
7.2.4 BUSINESS STRATEGIES 38
7.2.5 RECENT DEVELOPMENT 38
7.3 JOY GLOBAL INC. 40
7.3.1 BUSINESS OVERVIEW 40
7.3.2 FINANCIALS 40
7.3.3 PRODUCT PORTFOLIO 41
7.3.4 BUSINESS STRATEGIES 41
7.3.5 RECENT DEVELOPMENT 42
7.4 SANDVIK AB 43
7.4.1 BUSINESS OVERVIEW 43
7.4.2 FINANCIALS 43
7.4.3 PRODUCT PORTFOLIO 44
7.4.4 BUSINESS STRATEGIES 44
7.4.5 RECENT DEVELOPMENT 45
7.5 VOLVO AB 47
7.5.1 BUSINESS OVERVIEW 47
7.5.2 FINANCIALS 47
7.5.3 PRODUCT PORTFOLIO 48
7.5.4 BUSINESS STRATEGY 49
7.5.5 RECENT DEVELOPEMENT 49
7.6 HITACHI CONSTRUCTION MACHINERY CO., LTD. 51
7.6.1 BUSINESS OVERVIEW 51
7.6.2 FINANCIALS 51
7.6.3 PRODUCT PORTFOLIO 52
7.6.4 BUSINESS STRATEGY 52
7.6.5 RECENT DEVELOPMENT 53
7.7 DOOSAN INFRACORE CO., LTD. 55
7.7.1 BUSINESS OVERVIEW 55
7.7.2 FINANCIALS 55

……Continued

 

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