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Mining is an extraction process of obtaining coal, minerals, metals and other such materials from the earth. Mining is an important sector of the world economy, which generates employment and provides innumerable resources to other industries. Petroleum, coal, natural gas, and water are the main products extracted during mining, in addition to various substances comprising uranium, diamond, stone, rock, various chemicals, and geologically deposited substances.

The world mining equipment is forecasted to grow at a CAGR of 7.9% during 2016 ‐ 2022, to reach over $150 billion by 2022. Major factors that boost the demand of mining equipment are rising demand for metal and mineral commodities and increasing consumption of natural resources, such as coal, diamond, and uranium. Moreover, increasing need for mineral fertilizers to improve agricultural yield supplements the global mining equipment market. Major challenges for the players operating in the market are increasing cost of raw materials and strict government regulations. However, the rising demand for technologically advanced mining equipment, increasing usage of coal for heating and electricity generation and increasing construction of roads and railway tracks through hilly areas present various opportunities for the market growth.

The world mining equipment market is segmented on the basis of equipment type, application, and geography. By equipment type, the market is further categorized into six segments: mineral processing equipment; surface mining equipment; underground mining equipment; mining drills & breakers; crushing, pulverizing, & screening equipment and others. By application, the market is segmented as metal mining, mineral mining, and coal mining. Geographically, the market is classified into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to be the largest market of mining equipment during the forecast period. India, China, Australia, and Indonesia are likely to be the main revenue-generating countries in Asia-Pacific. The report also provides a country-wise analysis of the key geographic regions.

Companies profiled in the report are Caterpillar Inc., Komatsu Ltd., Sandvik, Joy Global, Hitachi Co. Ltd., Atlas Copco, AB Volvo, Doosan Group, Metso and Liebherr Group.

KEY BENEFITS

  • The report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
  • The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
  • Quantitative analysis of the current trends and forecasts from 2016 to 2022 is provided to showcase the financial competency of the market.
  • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
  • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

MINING EQUIPMENT MARKET SEGMENTS

By Type

  • Mineral processing equipment
  • Surface mining equipment
  • Underground mining equipment
  • Mining drills & breakers
  • Crushing, pulverizing, & screening equipment
  • Others

By Application

  • Metal mining
  • Mineral mining
  • Coal mining

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Western Europe
    • Eastern Europe
  • Asia-Pacific
    • China
    • India
    • Rest of APAC
  • LAMEA
    • Latin America
    • Middle East & Africa

Key Players

  • Caterpillar Inc.
  • Komatsu Ltd.
  • Sandvik
  • Joy Global
  • Hitachi Co. Ltd.
  • Atlas Copco
  • AB Volvo
  • Doosan Group
  • Metso
  • Liebherr Group
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Title/ Chapter Name

Chapter: 1 INTRODUCTION

1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1 Executive Summary
2.2 CXO Perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market Definition and Scope
3.2 Key Findings

3.2.1 Top impacting factors of the mining equipment market
3.2.2 Top winning strategies in mining equipment market, 2010-2015(%)
3.2.3 Top investment pockets

3.3 Value Chain Analysis

3.3.1 Raw material suppliers
3.3.2 Mining equipment producers
3.3.3 Distribution platforms
3.3.4 End Users

3.4 Porters Five Forces Analysis

3.4.1 High bargaining power of buyers due to large number of competitors
3.4.2 Moderate bargaining power of suppliers due to easy availability of goods
3.4.3 Low threat of substitute due to non-availability of proper similar equipment
3.4.4 Low threat of new entrants due to strong brand loyalty and requiring huge investment
3.4.5 High rivalry among competitors due to presence of similar products

3.5 Market share Analysis, 2015(%)
3.6 Drivers

3.6.1 Increasing demand for metal and mineral commodities
3.6.2 Increase in mining activities
3.6.3 Increasing demand for consumption of natural resources
3.6.4 Requiring need for mineral fertilizers

3.7 Restraints

3.7.1 Strict government regulations and tariffs
3.7.2 Rising prices of raw materials

3.8 Opportunities

3.8.1 Rising demand for technologically advanced mining equipment
3.8.2 Higher demand for coal utilized in heating and generating electricity
3.8.3 Increasing construction of road and railway tracks through hilly areas

Chapter: 4 WORLD MINING EQUIPMENT MARKET, BY TYPE

4.1 Mineral Processing Equipment

4.1.1 Key market trends
4.1.2 Key drivers and opportunities
4.1.3 Market size and forecast

4.2 Surface mining equipment

4.2.1 Key market trends
4.2.2 Key drivers and opportunities
4.2.3 Market size and forecast

4.3 Underground mining equipment

4.3.1 Key market trends
4.3.2 Key drivers and opportunities
4.3.3 Market size and forecast

4.4 Mining drills and breakers

4.4.1 Key market trends
4.4.2 Key drivers and opportunities
4.4.3 Market size and forecast

4.5 Crushing, pulverizing & screening equipment

4.5.1 Key market trends
4.5.2 Key drivers and opportunities
4.5.3 Market size and forecast

4.6 Others

4.6.1 Key market trends
4.6.2 Key drivers and opportunities
4.6.3 Market size and forecast

Chapter: 5 WORLD MINING EQUIPMENT MARKET BY APPLICATION

5.1 Metal Mining

5.1.1 Key market trends
5.1.2 Key drivers and opportunities
5.1.3 Market size and forecast

5.2 Mineral mining

5.2.1 Key market trends
5.2.2 Key drivers and opportunities
5.2.3 Market size and forecast

5.3 Coal mining

5.3.1 Key market trends
5.3.2 Key drivers and opportunities
5.3.3 Market size and forecast

Chapter: 6 WORLD MINING EQUIPMENT MARKET BY GEOGRAPHY

6.1 North America

6.1.1 Key market trends
6.1.2 Key growth factors, restraints and opportunities
6.1.3 Market size and forecast

6.1.3.1 United States

6.1.3.1.1 Market size and forecast

6.1.3.2 Canada

6.1.3.2.1 Market size and forecast

6.1.3.3 Mexico

6.1.3.3.1 Market size and forecast

6.2 Europe

6.2.1 Key market trends
6.2.2 Key growth factors, restraints and opportunities
6.2.3 Market size and forecast

6.2.3.1 Eastern Europe

6.2.3.1.1 Market size and forecast

6.2.3.2 Western Europe

6.2.3.2.1 Market size and forecast

6.3 Asia-Pacific

6.3.1 Key market trends
6.3.2 Key growth factors, restraints and opportunities
6.3.3 Market size and forecast

6.3.3.1 India

6.3.3.1.1 Market size and forecast

6.3.3.2 China

6.3.3.2.1 Market size and forecast

6.3.3.3 Other Asia-Pacific

6.3.3.3.1 Market size and forecast

6.4 LAMEA

6.4.1 Key market trends
6.4.2 Key growth factors, restraints and opportunities
6.4.3 Market size and forecast

6.4.3.1 Latin America

6.4.3.1.1 Market size and forecast

6.4.3.2 Middle East and Africa

6.4.3.2.1 Market size and forecast

Chapter: 7 COMPANY PROFILE

7.1 Caterpillar Inc.

7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Operating Business segments
7.1.4 Business Performance
7.1.5 Key Strategic Moves and Developments
7.1.6 SWOT Analysis

7.2 Komatsu Ltd.

7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Operating Business segments
7.2.4 Business performance
7.2.5 Key Strategic Moves and Developments
7.2.6 SWOT Analysis

7.3 Sandvik

7.3.1 Company overview
7.3.2 Company Snapshot
7.3.3 Operating Business Segments
7.3.4 Business performance
7.3.5 Key Strategic Moves and Developments
7.3.6 SWOT Analysis

7.4 Joy Global

7.4.1 Company overview
7.4.2 Company Snapshot
7.4.3 Operating Business Segment
7.4.4 Business performance
7.4.5 Key Strategic Moves and Developments
7.4.6 SWOT Analysis

7.5 Hitachi Ltd.

7.5.1 Company overview
7.5.2 Company Snapshot
7.5.3 Operating Business Segments
7.5.4 Business performance
7.5.5 Key Strategic Moves and Developments
7.5.6 SWOT Analysis

7.6 Atlas Copco

7.6.1 Company overview
7.6.2 Company Snapshot
7.6.3 Operating Business Segments
7.6.4 Business performance
7.6.5 Key Strategic Moves and Developments
7.6.6 SWOT Analysis

7.7 AB Volvo

7.7.1 Company overview
7.7.2 Company Snapshot
7.7.1 Operating Business Segments
7.7.2 Business performance
7.7.3 Key Strategic Moves and Developments
7.7.4 SWOT Analysis

7.8 Doosan Group

7.8.1 Company overview
7.8.2 Company Snapshot
7.8.3 Operating Business Segments
7.8.4 Business performance
7.8.5 Key Strategic Moves and Developments
7.8.6 SWOT Analysis

7.9 Metso Corporation

7.9.1 Company overview
7.9.2 Company Snapshot
7.9.3 Operating Business Segments
7.9.4 Business performance
7.9.5 Key Strategic Moves and Developments
7.9.6 SWOT Analysis

7.10 Liebherr Group

7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Operating Business Segments
7.10.4 Business performance
7.10.5 Key Strategic Moves and Developments
7.10.6 SWOT Analysis

List of Figures

FIG. 1 MINING EQUIPMENT MARKET: TOP IMPACTING FACTORS
FIG. 2 WORLD MINING EQUIPMENT MARKET: TOP WINNING STRATEGIES, 2010-2015(%)
FIG. 3 TOP WINNING STRATEGIES COMPARISON, 2010-2015 (%)
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 VALUE CHAIN ANALYSIS
FIG. 6 PORTERS FIVE FORCES ANALYSIS
FIG. 7 MARKET SHARE ANALYSIS, 2015(%)
FIG. 8 WORLD MINING EQUIPMENT MARKET SHARE ANALYSIS BY TYPE, 2015 & 2022 (%)
FIG. 9 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD MINERAL PROCESSING EQUIPMENT, 2015 & 2022 (%)
FIG. 10 WORLD MINERAL PROCESSING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 11 WORLD MINERAL PROCESSING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 12 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD SURFACE MINING EQUIPMENT, 2015 & 2022 (%)
FIG. 13 WORLD SURFACE MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 14 WORLD SURFACE MINING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 15 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD UNDERGROUND MINING EQUIPMENT, 2015 & 2022 (%)
FIG. 16 WORLD UNDERGROUND MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 17 WORLD UNDERGROUND MINING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 18 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD MINING DRILLS AND BREAKERS, 2015 & 2022 (%)
FIG. 19 WORLD MINING DRILLS AND BREAKERS MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 20 WORLD MINING DRILLS AND BREAKERS MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 21 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD CRUSHING, PULVERIZING & SCREENING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 22 WORLD CRUSHING, PULVERIZING AND SCREENING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 23 WORLD CRUSHING, PULVERIZING & SCREENING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 24 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHER MINING EQUIPMENT, 2015 & 2022 (%)
FIG. 25 WORLD OTHER MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 26 WORLD OTHER MINING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 27 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD MINING EQUIPMENT BY APPLICATION, 2015 & 2022 (%)
FIG. 28 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD METAL MINING, 2015 & 2022 (%)
FIG. 29 WORLD METAL MINING MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 30 WORLD METAL MINING MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 31 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD MINERAL MINING, 2015 & 2022 (%)
FIG. 32 WORLD MINERAL MINING MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 33 WORLD MINERAL MINING MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 34 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD COAL MINING, 2015 & 2022 (%)
FIG. 35 WORLD COAL MINING MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 36 WORLD COAL MINING MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015-2022 (%)
FIG. 37 WORLD MINING EQUIPMENT MARKET SHARE ANALYSIS BY GEOGRAPHY, 2015 & 2022 (%)
FIG. 38 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF NORTH AMERICA MINING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 39 NORTH AMERICA MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 40 UNITED STATES MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 41 CANADIAN MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 42 MEXICAN MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 43 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF EUROPE MINING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 44 EUROPE MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 45 EASTERN EUROPE MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 46 WESTERN EUROPE MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 47 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF ASIA-PACIFIC MINING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 48 ASIA-PACIFIC MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 49 CHINESE MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 50 INDIAN MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 51 OTHER ASIA-PACIFIC MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 52 COMPARITIVE REGIONAL MARKET SHARE ANALYSIS OF LAMEA MINING EQUIPMENT MARKET, 2015 & 2022 (%)
FIG. 53 LAMEA MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 54 LATIN AMERICA MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 55 MIDDLE EAST AND AFRICA MINING EQUIPMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIG. 56 CATERPILLAR INC.: REVENUE, 2013-2015 ($MILLION)
FIG. 57 CATERPILLAR INC.: REVENUE BY BUSINES SEGMENTS, 2015 (%)
FIG. 58 CATERPILLAR INC.: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 59 CATERPILLAR INC.: SWOT ANALYSIS
FIG. 60 KOMATSU LTD. - REVENUE, 20132015, ($MILLION)
FIG. 61 KOMATSU LTD.: REVENUE BY BUSINESS SEGMENTS, 201 (%)
FIG. 62 KOMATSU LTD.: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 63 KOMATSU LTD. - SWOT ANALYSIS
FIG. 64 SANDVIK REVENUE 20132015, ($MILLION)
FIG. 65 SANDVIK: REVENUE BY BUSINESS SEGMENTS, 2014 (%)
FIG. 66 SANDVIK: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 67 SANDVIK - SWOT ANALYSIS
FIG. 68 JOY GLOBAL INC. - REVENUE 20122014, ($MILLION)
FIG. 69 JOY GLOBAL INC.: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 70 JOY GLOBAL INC.: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 71 JOY GLOBAL INC. - SWOT ANALYSIS
FIG. 72 HITACHI CO. LTD.: REVENUE 20122014, ($MILLION)
FIG. 73 HITACHI CO. LTD.: REVENUE BY BUSINESS SEGMENTS, 2014 (%)
FIG. 74 HITACHI CO. LTD.: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 75 HITACHI CO. LTD. - SWOT ANALYSIS
FIG. 76 ATLAS COPCO, REVENUE 20122014, ($MILLION)
FIG. 77 ATLAS COPCO: REVENUE BY BUSINESS SEGMENTS, 2014 (%)
FIG. 78 ATLAS COPCO: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 79 ATLAS COPCO - SWOT ANALYSIS
FIG. 80 AB VOLVO, REVENUE 20122014, ($MILLION)
FIG. 81 AB VOLVO: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 82 AB VOLVO: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 83 AB VOLVO - SWOT ANALYSIS
FIG. 84 DOOSAN GROUP: REVENUE 2013-2015 ($MILLION)
FIG. 85 DOOSAN GROUP: REVENUE BY BUSINESS SEGMENTS, 2014 (%)
FIG. 86 DOOSAN GROUP: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 87 DOOSAN GROUP: SWOT ANALYSIS
FIG. 88 METSO, REVENUE 20132015, ($MILLION)
FIG. 89 METSO: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 90 METSO: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 91 METSO: SWOT ANALYSIS
FIG. 92 LIEBHERR GROUP, REVENUE 20122014, ($MILLION)
FIG. 93 LIEBHERR GROUP: REVENUE BY BUSINESS SEGMENTS, 2014 (%)
FIG. 94 LIEBHERR GROUP: REVENUE BY GEOGRAPHY, 2014 (%)
FIG. 95 LIEBHERR GROUP: SWOT ANALYSIS

List of Tables

TABLE 1 WORLD MINING EQUIPMENT MARKET BY REGION 20152022 ($MILLION)
TABLE 2 WORLD MINING EQUIPMENT MARKET REVENUE BY TYPE, 20152022 ($MILLION)
TABLE 3 WORLD MINING EQUIPMENT MARKET VOLUME BY TYPE, 2015-2022 (UNITS)
TABLE 4 WORLD MINERAL PROCESSING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 20152022 ($MILLION)
TABLE 5 WORLD SURFACE MINING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 2015-2022
TABLE 6 WORLD UNDERGROUND MINING EQUIPMENT MARKET REVENUE, BY GEOGRAPHY, 2015-2022
TABLE 7 WORLD MINING DRILLS AND BREAKERS MARKET REVENUE, BY GEOGRAPHY, 2015-2022, ($MILLION)
TABLE 8 WORLD CRUSHING, PULVERIZING AND SCREENING EQUIPMENT MARKET BY GEOGRAPHY, 2015-2022
TABLE 9 WORLD OTHER MINING EQUIPMENT MARKET BY GEOGRAPHY, 2015-2022
TABLE 10 WORLD MINING EQUIPMENT MARKET REVENUE BY APPLICATION, 20152022, ($MILLION)
TABLE 11 WORLD METAL MINING MARKET REVENUE BY GEOGRAPHY, 20152022, ($MILLION)
TABLE 12 WORLD MINERAL MINING MARKET BY GEOGRAPHY, 20152022, ($MILLION)
TABLE 13 WORLD COAL MINING MARKET REVENUE BY GEOGRAPHY, 20152022, ($MILLION)
TABLE 14 WORLD MINING EQUIPMENT MARKET REVENUE BY GEOGRAPHY, 20152022, ($MILLION)
TABLE 15 WORLD MINING EQUIPMENR MARKET VOLUME BY GEOGRAPHY, 2015-2022, (UNIT)
TABLE 16 NORTH AMERICA MINING EQUIPMENT MARKET REVENUE BY TYPE, 20152022, ($MILLION)
TABLE 17 NORTH AMERICA MINING EQUIPMENT MARKET REVENUE BY APPLICATION, 2015-2022 ($MILLION)
TABLE 18 EUROPEAN MINING EQUIPMENT MARKET REVENUE BY TYPE, 20152022, ($MILLION)
TABLE 19 EUROPEAN MINING EQUIPMENT MARKET REVENUE BY APPLICATION, 2015-2022 ($MILLION)
TABLE 20 ASIA PACIFIC MINING EQUIPMENT MARKET REVENUE BY TYPE, 20152022, ($MILLION)
TABLE 21 ASIA-PACIFIC MINING EQUIPMENT MARKET REVENUE BY APPLICATION, 2015-2022 ($MILLION)
TABLE 22 LAMEA MINING EQUIPMENT MARKET REVENUE BY TYPE, 20152022, ($MILLION)
TABLE 23 LAMEA MINING EQUIPMENT MARKET REVENUE BY APPLICATION, 2015-2022 ($MILLION)
TABLE 24 CATERPILLAR INC - COMPANY SNAPSHOT
TABLE 25 CATERPILLAR INC. - OPERATING SEGMENTS
TABLE 26 KOMATSU LTD. COMPANY SNAPSHOT
TABLE 27 KOMATSU LTD. OPERATING SEGMENTS
TABLE 28 SANDVIK - COMPANY SNAPSHOT
TABLE 29 SANDVIK - OPERATING SEGMENTS
TABLE 30 JOY GLOBAL INC. - COMPANY SNAPSHOT
TABLE 31 JOY GLOBAL INC.- OPERATING SEGMENTS
TABLE 32 HITACHI CO. LTD. - COMPANY SNAPSHOT
TABLE 33 HITACHI CO. LTD. - OPERATING SEGMENTS
TABLE 34 ATLAS COPCO COMPANY SNAPSHOT
TABLE 35 ATLAS COPCO- OPERATING SEGMENTS
TABLE 36 AB VOLVO COMPANY SNAPSHOT
TABLE 37 AB VOLVO - OPERATING SEGMENTS
TABLE 38 DOOSAN GROUP COMPANY SNAPSHOT
TABLE 39 DOOSAN GROUP - OPERATING SEGMENTS
TABLE 40 METSO: COMPANY SNAPSHOT
TABLE 41 METSO - OPERATING SEGMENTS
TABLE 42 LIEBHERR GROUP COMPANY SNAPSHOT
TABLE 43 LIEBHERR GROUP - OPERATING SEGMENTS

Asia-Pacific has emerged as the largest market for mining equipment. The region is anticipated to continue growing at a notable pace, owing to factors such as increasing demand for coal for the purpose of electricity generation, rising construction of road and railways through hilly areas and others. The demand for technologically advanced mining equipment is relatively lower in developing countries, compared to developed markets, owing to price sensitivity. Mining drills and breakers are anticipated to witness impressive growth in coming years due to their increasing application in metal mining.

In order to comply with strict government regulations regarding environmental sustenance, manufacturers are developing innovative products which produce lower level of sound and noise pollution. Moreover, players have adopted product launch and acquisition as their growth strategies to strengthen their foothold in market. For instance, in 2011, leading U.S. based manufacturer named Caterpillar Inc. acquired Bucyrus International, Inc. The acquisition enabled the company to strengthen its foothold in material handling and material removal mining equipment market.

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