The Global Construction Equipment Market Expected to Reach $240.97 Billion by 2020, Registering a CAGR of 8.9% during 2015-2020
M2 - Wed Jun 17, 9:38AM CDT
Research and Markets (http://www.researchandmarkets.com/research/h9zq4n/global) has announced the addition of the "Global Construction Equipment Market - Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2014 - 2020" report to their offering. Among the different types of construction equipment, loader and cranes would continue to remain the most preferred type, due to their numerous applications in construction, mining and public works. Loader segment would drive the market significantly by 2020, contributing more than 44% of the total market revenue, due to increased application in earth moving operations. The construction equipment find maximum usage in earth moving and lifting & material handling applications. The two applications collectively accounted for around 50% of the total market in 2014. Between the two, earth moving application would grow at a faster rate during the forecast period, due to the upsurge in construction for commercial and residential infrastructure setup. Market is further segmented into solution type, comprising of product and services. Key findings of the study: - Lifting & material handling application would grow at a relatively faster CAGR of 12.4% during 2015-2020, in comparison to all the other applications - Excavation & mining application involving the use of construction equipment would grow notably at a CAGR of 9.5% during 2015-2020 - The market in Asia Pacific region is expected to grow at a CAGR of 10.2% during 2015-2020 Companies Mentioned: - Atlas Copco - CNH Industrial - Caterpillar Inc. - Doosan Heavy Industries & Construction - Hitachi Construction Machinery Co. - J.C. Bamford Excavators Limited (JCB) - Kobe Steel Ltd. (Kobelco) - Komatsu Ltd. - Liebherr Group - Volvo Construction Equipment For more information visit http://www.researchandmarkets.com/research/h9zq4n/global About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CAT: 82.15 (+0.46)
Sumitomo Corporation Closes Deal to Export Komatsu Mining Equipment to Mongolia
M2 - Fri Jun 12, 9:02AM CDT
Sumitomo Corporation (Head Office: Chuo-ku, Tokyo; President and CEO: Kuniharu Nakamura) in corporation with Komatsu Ltd. (Head Office: Minato-ku, Tokyo; President and CEO: Tetsuji Ohashi; hereinafter, "Komatsu"
Joy Global Q2 Beats, But Hasn't Dug Out Of Hole Yet
at Investor's Business Daily - Thu Jun 04, 12:19PM CDT
So Joy Global's (JOY) second-quarter profit and sales beat estimates. But it wasn't a strong enough beat to demonstrate that it's out of the woods yet following the commodity market collapse over the past year, and its stock fell early Thursday amid...
JOY: 31.16 (-0.09), TEX: 22.33 (-0.03), CAT: 82.15 (+0.46)
Komatsu's European Technical Center selects aPriori to manage costs during new product design
M2 - Fri May 08, 7:38AM CDT
aPriori, a provider of enterprise product cost management solutions, today announced that its software platform has been selected by Komatsu's European Technical Center at Komatsu Hanomag GmbH.
Komatsu's European Technical Center Selects aPriori to Manage Costs During New Product Design
Business Wire - Thu May 07, 7:22AM CDT
aPriori, a provider of enterprise product cost management solutions, today announced that its software platform has been selected by Komatsu's European Technical Center located at Komatsu Hanomag GmbH. The European subsidiary of Komatsu Ltd. will implement the aPriori solution to provide its design teams with a fast, repeatable and consistent method to estimate product costs from the earliest stages of new product design. Komatsu expects the increased cost visibility to help it meet new product cost targets while also accelerating product development cycles, producing higher quality products and increasing profitability.
Caterpillar Joins the Big Data Bandwagon, Creates Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 13, 3:45PM CDT
Caterpillar Inc. (CAT) announced the formation of a new division, Analytics & Innovation (AI).
GE: 26.27 (+0.25), CAT: 82.15 (+0.46), ASTE: 39.96 (+0.18)
Global Hydraulic Excavator Market: Trends and Opportunities (2014-2019) - Featuring Caterpillar, Hitachi, Komatsu & Liebherr Group
M2 - Thu Apr 09, 3:21AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vmgf32/global_hydraulic) has announced the addition of the "Global Hydraulic Excavator Market: Trends and Opportunities (2014-2019)" report to their offering. The report titled Global Hydraulic Excavator Market: Trends & Opportunities (2014-2019) provides an in-depth analysis of the global hydraulic excavator market (including crawler mounted hydraulic excavator) with detailed analysis of market sizing and growth, market share and economic impact of the industry. Detailed analysis of global hydraulic excavator resale and auction market is also presented in this report. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global hydraulic excavator industry has also been forecasted for the period 2014-2019, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. In addition to global hydraulic excavator market, detailed country/regional analysis of China, Japan, Europe, the US, India, Oceania and Asia is also provided. Further, key players of the hydraulic excavator industry like Caterpillar, Hitachi; Komatsu and Liebherr are also profiled with their financial information and respective business strategies. Excavators are construction heavy machinery used for excavation or move large and heavy objects. Hydraulic excavators employ the fluid mechanism for efficient working. They are especially used for heavy duty excavation work where superb efficiency is required. Hydraulic excavator is a multipurpose earthmoving machine, which can perform many duties, in the field, such as digging earth, mining, loading, quarrying, etc., apart from other activities like well-digging, material handling. The excavator is the only "Earthmoving" machine, capable of working in three dimensions and in all directions. Large number of excavators used in the industry today makes use of hydraulics as hydraulics can supply great amount of power using minimal resources. All movement and functions of such excavator are accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. Despite a decline in sales in the years 2012 and 2013, the global hydraulic excavator market is anticipated to grow at a sustained pace. Factors like increasing spending on construction, growing construction equipment market and improving economic conditions will be driving the growth of this market. Like Europe, the hydraulic excavator market in the US experienced steep decline during the recession period because of the depressed construction expenditure in housing market and low investment in the non-residential construction market. Key Topics Covered: 1. Executive Summary 2. Hydraulic Excavators: An Introduction 3. Global Hydraulic Excavator Market: An Analysis 4. Regional/Country Analysis:Global Hydraulic Excavator Market 5. Market Dynamics:Global Hydraulic Excavator Market 6. Competitive Landscape:Global Hydraulic Excavator Market 7. Hydraulic Excavator Market: New Product Analysis 8. Company Profiles:Global Hydraulic Excavator Market - Caterpillar Inc - Hitachi - Komatsu Ltd. - Liebherr Group For more information visit http://www.researchandmarkets.com/research/vm..._hydraulic
CAT: 82.15 (+0.46)
North America Construction Vehicles Market Forecast and Opportunities, 2020 - Purchase of Used Equipment
M2 - Tue Apr 07, 9:44AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vmgxft/north_america) has announced the addition of the "North America Construction Vehicles Market Forecast and Opportunities, 2020" report to their offering. According to North America Construction Vehicles Market Forecast & Opportunities, 2020, North America construction vehicles market is anticipated to reach over USD26 billion by 2020 Growth in construction industry, easy financing options, government initiatives aimed at increasing private investments in the infrastructure sector, and diverse product offerings are expected to boost North American construction vehicles market over the next five years. Global manufacturers competing in the market are increasingly investing in research and development to introduce better products and gain competitive advantage. Construction vehicle manufacturers are also increasingly starting their own rental divisions in the region to increase their revenues. Increasing construction activities are expected to surge the demand for construction vehicles in North America over the next five years. North America construction vehicles market has also been witnessing various technological developments, which have helped increase the effectiveness and efficiency of construction vehicles, and are expected to further drive growth in construction vehicles market in the region. Trends & Developments - Increasing Competition - Expanding Production Base - Extra Services Provided by Construction Companies - Renting and Leasing Equipment - Purchase of Used Equipment - Easy Financing Options Key Topics Covered: 1. Research Methodology 2. Analyst View 3. Market Overview 4. North America Construction Vehicles Market Outlook 5. North America Loaders Market Outlook 6. North America Excavators Market Outlook 7. North America Dump Trucks Market Outlook 8. North America Rough Terrain Lift Trucks (RTLTs) Market Outlook 9. North America Dozers Market Outlook 10. North America Graders Market Outlook 11. North America Pavers Market Outlook 12. North America Scrapers Market Outlook 13. Market Dynamics 14. Market Trends & Developments 15. Policy & Regulatory Landscape 16. Competitive Landscape 17. Strategic Recommendations Companies Mentioned - AB Volvo - Caterpillar, Inc - Hyundai Heavy Industries Co., Ltd - Komatsu Ltd. - CNH Industrial N.V. - Atlas Copco AB - Deere & Company - Liebherr Group - Hitachi Construction Machinery Co., Ltd - J.C. Bamford Excavators Limited For more information visit http://www.researchandmarkets.com/research/vm...th_america
DE: 95.17 (+0.63), CAT: 82.15 (+0.46)
Europe Construction Vehicles Market Forecast and Opportunities, 2020
M2 - Tue Apr 07, 9:09AM CDT
Research and Markets (http://www.researchandmarkets.com/research/pmkcnb/europe) has announced the addition of the "Europe Construction Vehicles Market Forecast and Opportunities, 2020" report to their offering. Construction vehicles market in Europe is anticipated to surpass USD14 billion mark by 2020. The market has been broadly segmented into Excavators, Loaders, Rough Terrain Lift Trucks (RTLT), Pavers, Dump Trucks, Dozers and Graders. Segment wise, Excavators dominated construction vehicles market in Europe on account of its multi-functional features andcost-efficiency. RTLT segment, which mainly includes forklift trucks and telescopic handlers, witnessed fastest growth among all the segments in Europe construction vehicles market during 2010-14. Caterpillar, Komatsu, Liebherr Group, AB Volvo, Hyundai Heavy Industries, etc. are among the major players operating in Europe construction vehicles market. These companies are also investing continuously in various R&D projects to gain technological advantage over their counterparts. With the onset of global recession in 2008, construction industry witnessed sharp drop in most of the global economies including Europe and North America. Europe construction industry, particular, underwent further deterioration on account of Eurozone crisis. However, in recent years, economic scenario of Europe started to witness steady recovery, which in turn reflects a positive outlook over the next five years. With the economy of Europe stabilizing, real estate sector has been on its path towards sluggish recovery, which in turn has been driving construction industry. Numerous construction projects that were kept on halt have been revamped. As a result, the adoption of commercial vehicles in the country has increased at a notable pace. Launch of Europe 2020, a 10-year program, by European Commission to revive the region's economy is also acting as a key catalyst for construction vehicles market. The market recently witnessed introduction of construction vehicle rental services, which is also a novel trend. However, this is being perceived more as a threat by players as growing preference for rental services is suppressing potential sales of construction vehicles in Europe. Europe Construction Vehicles Market Forecast & Opportunities, 2020 report elaborates following aspects related to construction vehicles market in Europe: - Growth in Construction Industry - Increasing Penetration of Technologically Advanced Vehicles - Rising Trend for Leasing/rental Services in Construction Vehicles Market - Growing Sales of Used Construction Vehicles - Lack of Skilled Operators Key Topics Covered: 1. Research Methodology 2. Analyst View 3. Construction Vehicles: Product Overview 4. Europe Construction Vehicles Market Outlook 5. Europe Excavators Market Outlook 6. Europe Loaders Market Outlook 7. Europe Rough Terrain Lift Trucks Market Outlook 8. Europe Pavers Market Outlook & Forecast 9. Europe Dump Trucks Market Outlook & Forecast 10. Europe Dozers Market Outlook & Forecast 11. Europe Graders Market Outlook & Forecast 12. Market Dynamics 13. Policy & Regulatory Landscape 14. Market Trends & Developments 15. Competitive Landscape 16. Strategic Recommendations Companies Mentioned - AB Volvo - Caterpillar, Inc. - Hyundai Heavy Industries Co., Ltd. - Komatsu Ltd. - CNH Industrial N.V. - Atlas Copco AB - Deere & Company - Liebherr Group - Hitachi Construction Machinery Co., Ltd. - J.C. Bamford Excavators Limited For more information visit http://www.researchandmarkets.com/research/pmkcnb/europe
DE: 95.17 (+0.63), CAT: 82.15 (+0.46)
Is The Heavy Machinery Industry Getting Caught In The Cross Fire?
Diesel - at Seeking Alpha - Wed Jan 28, 5:54AM CST
JOY: 31.16 (-0.09), DE: 95.17 (+0.63), CAT: 82.15 (+0.46)
Caterpillar Earnings Go Off Track On Weak Sales
at Investor's Business Daily - Tue Jan 27, 11:46AM CST
Weakness in sales to miners and oil drillers offset Caterpillar's (CAT) positive results in construction, which also issued negative guidance, pushing shares down sharply Tuesday. Caterpillar's earnings per share fell 14.6% to $1.35 on a 1% decline...
JOY: 31.16 (-0.09), TEX: 22.33 (-0.03), CAT: 82.15 (+0.46)
Is It Time To Start Thinking Recovery For Komatsu?
Stephen Simpson, CFA - at Seeking Alpha - Sat Jan 17, 10:08AM CST
JOY: 31.16 (-0.09), CAT: 82.15 (+0.46)
Research and Markets: Indonesia Excavator Market 2014-2018 with Caterpillar, Hitachi Construction Machinery, Kobelco Construction Machinery & Komatsu Ltd Dominating
Business Wire - Tue Jan 06, 8:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/sfhgjg/excavator_market) has announced the addition of the "Excavator Market in Indonesia 2014-2018" report to their offering.
Indonesia Excavator Market 2014-2018 with Caterpillar, Hitachi Construction Machinery, Kobelco Construction Machinery & Komatsu Ltd Dominating
M2 - Tue Jan 06, 8:11AM CST
Research and Markets (http://www.researchandmarkets.com/research/8cp649/excavator_market) has announced the addition of the "Excavator Market in Indonesia 2014-2018" report to their offering. The Excavator Market in Indonesia to grow at a CAGR of 11.3% over the period 2013-2018 Excavators are used to excavate, discharge, or elevate materials with the help of a bucket fitted to the boom. These are self-propelled machines which runs using crawlers or wheels. These are highly versatile heavy construction machinery and are used for various applications such as below and above ground level operations which include land levelling, trench digging, and well sinking. One major trend upcoming in this market is the growth of the Equipment Rental business. Vendors are providing equipment on a rental basis, which is proving cost-effective for customers because of the high prices of excavators. According to the report, one of the key factors driving the market is the rapid growth of the Construction industry. The substantial growth of this market stems from a rise in the number of construction projects in Indonesia, which has escalated the demand for excavators. Further, the report states that the high price of excavators is one of the key challenges in the market. The manufacturing of excavators requires a high level of initial investment. When raw material prices rise, the cost of manufacturing excavators also increases, which leads to a decline in the profit margin of manufacturers. Key Vendors - Caterpillar Inc. - Hitachi Construction Machinery Co. - Kobelco Construction Machinery Co. Ltd. - Komatsu Ltd. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Industry Overview - Country Overview: Indonesia - Market Landscape - Excavator Market in Indonesia: Segmentation by Revenue - Product Segmentation - End-user Segmentation of Excavator Market in Indonesia - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis - Market Summary For more information visit http://www.researchandmarkets.com/research/8c...tor_market
CAT: 82.15 (+0.46)
Global Mining Business Confidence Report Q4 2014
M2 - Wed Dec 10, 9:57AM CST
Research and Markets (http://www.researchandmarkets.com/research/6md73r/mining_business) has announced the addition of the "Mining Business Confidence Report Q4 2014" report to their offering. "Mining Business Confidence Report Q4 2014" is a new report that globally analyzes industry opinions on the latest economic and customer issues, and their impact on investment decisions and growth prospects within the mining industry. This report also examines executive opinions with regards to the current and future state of the economy and its effect on the industry. It analyzes the likely effect of supplier price changes, sales performance, and staff headcount within the industry over October/December 2014. In addition, it provides an overview of the key priorities, threats, and opportunities for the global mining industry over October/December 2014. Furthermore, the survey forecasts the changes within the mining equipment market, procurement budget allocations, and leading suppliers in mining equipment categories. Moreover, this report provides a comparative analysis of survey results with Q3 2014 wherever applicable. Highlights - Overall, 43% of mining industry executives state that they are operating in a stable economic environment, while 38% affirm that the current economic conditions are unfavorable - The optimism levels for company growth have increased in Q4 2014 compared to Q3 2014, whereas, optimism levels for industry growth have decreased in Q4 2014 compared to Q3 2014 - Business operatives from Europe anticipate the highest growth in sales. Additionally, respondents who operate in the Rest of the World expect the highest increase in staff headcount in Q4 2014 - Industry executives indicate increased expenditure on mergers and acquisitions and new product development in Q4 2014 compared to Q3 2014 - The majority of respondents with business operations in Asia-Pacific and the Rest of the World highlighted preference towards outright purchase rather than used equipment or lease - The highest percentage of business operatives from Europe foresee investment allocation for equipment purchases to range between US$1 million and US$10 million during 2014-2015 - Regardless of region, executives intend to allocate a bigger portion of their procurement budget towards capital expenditure in 2014 and 2015 Key Topics Covered: - Methodology and sample size - Confidence indexes - State of the economy - Growth prospects and customer confidence - Supplier prices and levels of expenditure - Organizational outlook and strategy - Procurement budget and expenditure outlook - Appendix Companies Mentioned - Agnico Eagle Mines Limited - BHP Billiton - Caterpillar Inc. - Exxaro Resources - Komatsu Limited - Lundin Mining - Metso - Rio Tinto - Stria Lithium Inc. - The Liebherr Group For more information visit http://www.researchandmarkets.com/research/6m...g_business
CAT: 82.15 (+0.46)
Construction & Mining Equipment Market by Products, by Application, and by Region - Global Trends & Forecasts to 2019
M2 - Thu Nov 27, 6:40AM CST
Research and Markets (http://www.researchandmarkets.com/research/jfzgqm/construction_and) has announced the addition of the "Construction & Mining Equipment Market by Products, by Application, and by Region - Global Trends & Forecasts to 2019" report to their offering. The construction equipment market in terms of value is projected to grow $125.4 billion and the mining equipment market is expected to grow to $134.7 billion in 2019 at a CAGR of 4.34% and 8.42% respectively Construction and mining activities have seen boost in most of the countries after 2010 and the trend is anticipated to continue. With an array of infrastructural projects coming up and increased demand for commodities resulting in increased mining, the construction and mining equipment market is experiencing huge opportunities to expand and grow. Additionally with the technological advancements catching up with the industry these equipment are also set to become more fuel efficient with low emissions better safety and handling. With the increase in rental and leasing facilities, and a large number of companies adopting to strategies of joint venture, mergers and acquisitions, collaborations the focus is clearly set on newer developing markets such as China, India, Brazil, and Russia. The construction and mining industry is quite mature in the regions of North America and Europe. However, the Asia-Pacific and RoW countries such as Brazil and Russia are seeing huge investments being made on roads, bridges, highways and expressways for increasing the infrastructural capabilities of the region. Similarly government initiatives are also increasing. In the developed nations, the infrastructural projects that are coming up are fewer in number and moreover the demand for housing is also declining steadily. The construction and mining equipment market can be primarily divided in to product types such as loaders, excavators, dozers, mineral processing machinery, and crushing & pulverizing equipment. Key Topics Covered: 1. Introduction 2. Research Methodology 3.Executive Summary 4.Premium Insights 5. Market Overview 6. Industry Trends 7. Construction Equipment Market, By Region 8. Construction Equipment Market, By Application 9. Construction Equipment Market, By Product 10. Mining Equipment Market 11. Competitive Landscape 12. Company Profiles - Atlas Copco CNH - CNH Industrial Nv - Caterpliier Inc. - Hitachi Construction Machinery Co. Ltd. - Joy Global Inc. - Komatsu Ltd. - Liebherr International Ag - Terex Corporation - Volvo Group - Zoomlion Company Ltd. For more information visit http://www.researchandmarkets.com/research/jf...uction_and
TEX: 22.33 (-0.03)
Global Underground and Surface Mining Equipment Industry 2014-2019
M2 - Wed Oct 22, 9:26AM CDT
Research and Markets (http://www.researchandmarkets.com/research/63gw8h/global_mining) has announced the addition of the "Global Mining Equipment Industry 2014-2019: Trends, Forecast, and Opportunity Analysis" report to their offering. The global mining equipment industry is expected to grow at a CAGR of 3.5% during 2014-2019 The major drivers of the mining equipment industry are a strong demand for mining output and high commodity prices, led by economic growth and technological development. Increase in resource exploration, global economic growth, and increasing mechanization of mining operations will also possibly boost the global mining equipment industry. Boom in manufacturing and construction activities are leading to a higher demand for mined materials, which is anticipated to further drive this industry. The author has analyzed the global mining equipment industry by various segments and regions and has come up with a comprehensive research report Global Mining Equipment Industry 2014-2019: Trends, Forecast, and Opportunity Analysis. The surface mining equipment segment will remain the largest segment in terms of both value and growth rate during the forecast period. Replacement of old machineries by the new ones due to technological advancement is the major driving force of the industry. Catepillar Inc., Komatsu Ltd., Hitachi Construction Machinery Co., Ltd, Joy Global Inc., and Sandvik are some of the major manufacturers of the mining equipment industry. Key Topics Covered: 1. Executive Summary 2. Industry Definition and Scope 3. Industry Overview 4. Macroeconomic Trend 5. Industry Trends 6. Competitive Landscape 7. Macroeconomic Forecast 8. Industry Forecasts 9. Emerging Trends 10. Growth Opportunity 11. Conclusions Companies Mentioned - Catepillar Inc. - Hitachi Construction Machinery Co. - Joy Global Inc. - Komatsu Ltd. - Sandvik For more information visit http://www.researchandmarkets.com/research/63...bal_mining
Transparency Market Research: Mining Equipment Market Study 2018
PRWeb - Sat Sep 20, 8:04AM CDT
When it comes to mining equipment, one must ensure that the piece of equipment is in its finest quality and condition in order to produce best results. Mining machines in a proper running condition helps to reduce the costs of expedition and also guarantees that workers are maximizing on their productivity and ensuring utmost safety. The Rise in Mining Equipment Market: Overview Worldwide analysts commented that various companies all across the globe are anticipating an increase in metals production such as iron ore and copper, driven by new expansions and projects that are fueling the overall demand for specialized mining machinery and equipment. Despite the drop in sales last year, the world mining equipment market is still looking for an upward climb which is spurred by voracious demand for mineable commodities, production of primary metals, and mining materials coming from countries like India, China, and other developing nations. The Global Market Size and Growth of Mining Equipment Market According to a recently released report, the industry for global mining equipment is forecast to rise at a steady pace notching a market figure as high as USD117.0 billion by 2018 from USD 71.5 billion in 2012, moving further at a CAGR of 8.6% in the forecast period 2012 to 2018. The underground mining equipment market has the second largest share in the global market, and is expected to grow at an average rate from 2012 to 2018. In contrast, due to the rising demand for metal and mineral commodities, the surface mining equipment market accounts for nearly 37% of the entire market. To browse through the ToC or purchase the Mining Equipment Market, please visit: http://www.transparencymarketresearch.com/min...pment.html Segments in the Mining Industry and its Market Scenario The industry associated with geology tools and mining equipment includes tools and services that are completely devoted to generating tools and equipment used during surface, as well as underground mining. The world mining equipment market is broadly segmented into six sub segments mainly based on equipment types such as -crushing, pulverizing and screening equipment, mining drills and breakers, mineral processing machinery, underground mining machinery, surface mining equipment, and other mining equipment. In addition, to the above, a handful of other segments such as the mineral mining, metal mining, and coal mining are considered to be the three main application sub segments of the global mining equipment market. The mining drills and breakers are imperative tools used in most mining operations. They are used as crushing, pulverizing, and screening equipment in most mining operations. The market for this is growing at a rapid rate all over the world. For further inquiries, ask to analyst: http://www.transparencymarketresearch.com/sam...rep_id=811 Growth Factors The global mining equipment market will be primarily driven by key factors such as the increase in mining activities and rising demand for metal and mineral commodities. The market is also likely to witness growth due to some added key factors such as the enhanced demand for technically advanced solutions and mining activities, particularly in developing countries. As the world mining output increases so will the strong sales. Furthermore, increase in commodity prices spurred by growth and technological advancement and economic development is also poised to contribute to the industry's growth. Browse Article, here: http://www.transparencymarketresearch.com/art...market.htm Geographic Insights of Mining Equipment Market A strong demand for mined materials comes from various geographic places like North America, Asia Pacific, Europe and Rest of the World (RoW) regions. However, among all the places, the Asia Pacific market was a leader in the mining equipment market back in 2012, having contributed more than 60% of the entire share in this market. The Asia Pacific and Latin America are high in demand for mining equipment. They are the current leading regions in terms of development seen in oil refineries, coal mining and other underground mining activities. Some strong gains are also stirring up in Central and South America, followed by Western Europe, Eastern Europe, and North America. Large iron ore projects are anticipated for an implementation in countries like Russia, Brazil, Africa, Australia, and other regions. Additionally, countries such as India, China and Indonesia are fueled by increasing mining production and related machinery sales. China alone accounts for almost 50% of the entire mining equipment market. Key Players Some of the leading players in the global mining equipment industry include Caterpillar Inc., Hitachi Construction Machinery, Joy Global Inc., Komatsu Limited, Sandvick AB, and Atlas Copco.
CAT: 82.15 (+0.46)
Komatsu Awards Galadari for Superior Market Share
PR Newswire Europe - Wed Sep 17, 10:11AM CDT
DUBAI, UAE, September 17, 2014 /PRNewswire/ --
Global Excavator Market 2014-2018: Key Vendors are Caterpillar, Hitachi Construction Machinery, Komatsu, Liebherr International, Sany Heavy Industry & Terex
M2 - Tue Aug 26, 8:21AM CDT
Research and Markets (http://www.researchandmarkets.com/research/b8wsfm/global_excavator) has announced the addition of the "Global Excavator Market 2014-2018" report to their offering. The Global Excavator market to grow at a CAGR of 10.69% over the period 2013-2018. The The Global Construction Equipment market has experienced several pitfalls in the past decade due to the global economic recession. Excavators form an integral part of the Global Construction Equipment market; therefore, they experienced a decrease in their demand during the recession. There are two types of excavators: mini/midi excavators and crawler/wheeled excavators. These are used to excavate, discharge, or elevate materials with the help of a bucket fitted to the boom. These are self-propelled machines which run using either crawlers or wheels. They are highly versatile heavy construction machines and are used for various applications such as below and above ground level operations, which include land leveling, trench digging, and well sinking. One of the major positive trends in this market is increased collaboration among rental fleet owners and excavator manufacturers. Some vendors are developing technologically advanced excavators which have better control systems and are more efficient. According to the report, the Global Excavator Market is driven by several factors such as an increase in mining activities. Mining activities have grown rapidly in Russia, Australia, Canada, Chile, Brazil, South Africa, India, the US, and China. The growth of mining activities in China is vigorous, primarily due to ongoing industrialization and global trade activities. China's massive fiscal stimulus packages in recent years have made it the leader in emerging markets. Further, the report states that the need for continuous support and maintenance is a major concern for excavator manufacturers. Continuous support and maintenance are essential for the effective performance of the equipment and improved productivity. To calculate the market size, the report considers revenue generated through the sales of excavators across all geographies. It includes the revenue generated from the sales of mini/midi excavators and crawler/wheeled excavators. The report presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, it discusses the major drivers that influence the growth of the Global Excavator market. The report also outlines the challenges faced by the vendors and the market at large and identifies the key trends that are emerging in the market. Key Vendors - Caterpillar Inc. - Hitachi Construction Machinery Co. Ltd. - Komatsu Ltd. - Liebherr International AG - Sany Heavy Industry Co. Ltd. - Terex Corp. For more information visit http://www.researchandmarkets.com/research/b8..._excavator
TEX: 22.33 (-0.03), CAT: 82.15 (+0.46)