1. Market Research
  2. > Manufacturing
  3. > Industrial Machinery Market Trends
Mining Remanufacturing Components Market By Component, Equipment, Industry, Region - Global Forecast to 2027

Mining Remanufacturing Components Market By Component, Equipment, Industry, Region - Global Forecast to 2027

  • June 2019
  • 133 pages
  • ID: 5790541
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

Lower cost of remanufactured mining components and increasing mining activities will drive the mining remanufacturing components market.
The mining remanufacturing components market is projected to grow at a CAGR of 3.5% during the forecast period, to reach a market size of USD 5.0 billion by 2027 from USD 3.8 billion in 2019. Market growth can be attributed to factors such as lower cost of remanufactured mining components as compared with new parts and growing mining equipment parc across the globe. On the other hand, rising developments in electric mining equipment and the growing presence of local players are few concerns for this market.

Wheel loader is estimated to be the fastest growing market for mining remanufacturing components market, by equipment, during the forecast period
Wheel loader is mainly used to transmit material from one place to another.With the growing mining activity around the globe, the demand for wheel loaders is consistent, and the sales are projected to grow to above average during the forecast period.

Therefore, parc of the wheel loaders is also significant during the forecast period.This makes the wheel loader the fastest growing segment of the mining remanufacturing components market.

Also, some activities cannot be completed by huge bulldozers due to their sizes but can be easily finished using wheel loaders due to their flexibility.This factor is also driving the global wheel loaders market.

Americas is the largest market for wheel loaders, followed by Asia Oceania and Europe.
Mining remanufacturing components market for the mineral industry will be the fastest growing for the projected year
Metals considered in the study are iron, copper, and gold as they have the largest deposits.According to the National Bureau of Statistics, Australia, Brazil, China, and India account for the largest iron production.

China, Peru, and the US accounted for the highest copper production, whereas China, Russia, and the US accounted for the largest gold production, as of 2017.Asia Oceania is projected to be the fastest growing market for mining equipment because of vast deposits and increasing commodity prices.

China, South Africa, and Russia account for the largest mineral deposits. According to key industry experts, the demand for mining equipment for mining minerals is expected to be more than that for metals and coals.
The Americas and Asia Oceania— The largest and the fastest growing mining remanufacturing component’s market, respectively
The Americas is estimated to be the most prominent market for mining remanufacturing components owing to factors such as low-interest rates, increasing demand for commodities coupled with investments in the mining industry.US, Canada, Peru, and Mexico together account for major market for mining remanufacturing components market due to the significant presence of mining industry in these countries.

Asia Oceania region is anticipated to be the fastest growing market for mining remanufacturing components.The region has witnessed growth in mining operations due to the increasing demand for raw materials.

This has resulted in the presence of several international companies in this region. Hence, due to the rising mining activities and the presence of key players, the Asia Oceania market is estimated to be the fastest growing market during the projected years.

BREAKDOWN OF PRIMARIES
The study contains insights provided by various industry experts, ranging from equipment manufacturers, OEMs, and Tier-1 suppliers to regional associations members. The break-up of the primaries is as follows:
• By Company Type – Tier I - 21%, and OEMs - 79%
• By Designation: C-level executives - 40%, and Directors - 60%
• By Region: Americas - 70%, Europe - 20%, Asia Oceania - 10%

Note: *Tier I are system suppliers to OEM, and OEMs are mining remanufacturing components manufacturers
The report provides detailed profiles of the following companies:
Caterpillar (US)
Komatsu (Japan)
Hitachi Construction Machinery (Japan)
Liebherr (Switzerland)
Epiroc (Sweden)
Atlas Copco (Sweden)
JCB (UK)
Volvo Construction Equipment (Sweden)
SRC Holdings Corporation (US)
Swanson Industries (US)

Research Coverage
The primary objective of the study is to define, describe, and forecast the mining remanufacturing components market in terms of remanufactured mining components (engine, axle, hydraulic cylinder, transmission, differential, torque converter, and final drive).The mining remanufacturing components market is segmented further by equipment type (hydraulic cylinder, mine/haul truck, wheel loaders, wheel dozers, and crawler dozers).

The mining remanufacturing components market is segmented further by industry (coal, metal, and minerals).Also, mining remanufacturing components market is segmented by region—Asia Oceania, Europe, and the Americas.

It tracks and analyzes competitive developments such as market ranking analysis, expansions, joint ventures, acquisitions, and other activities carried out by key industry participants.

Reasons for buying the report
The study provides a qualitative and quantitative analysis of the mining remanufacturing components market, by components type, in volume (Units) and value (USD million), at country and regional level.

The study provides a qualitative and quantitative analysis of the mining remanufacturing components market, by equipment type, in volume (Units) and value (USD million), at country and regional level. The study provides a qualitative and quantitative analysis of mining remanufacturing components, by industry in volume (Units) and value (USD million), at the regional level.

The study includes the profiles of the ten key companies and an additional ten companies, which have a significant impact on the market, along with their financial structure, recent developments, and product portfolio.
The report covers the competitive landscape, which reflects the market ranking analysis of leading players along with the dominant strategy adopted by these stakeholders to retain their position.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Mine Ventilation Market by Offering, Technique And Region - Global Forecast to 2024

Mine Ventilation Market by Offering, Technique And Region - Global Forecast to 2024

  • $ 4950
  • December 2019

Mine ventilation market to exhibit significant growth during 2019–2024The global mine ventilation market size is estimated to grow from USD 326 million in 2019 to USD 401 million by 2024 at a CAGR of ...

Global Smart Mining Market Analysis & Trends - Industry Forcast to 2028

Global Smart Mining Market Analysis & Trends - Industry Forcast to 2028

  • $ 4200
  • November 2019

The Global Smart Mining Market is poised to grow strong during the forecast period 2018 to 2028.Some of the prominent trends that the market is witnessing include increasing importance of data management ...

Saudi Arabia Elevator & Escalator Market, By Type, By Service, By Elevator Technology, By End-User, By Elevator Door Type, Competition, Forecast & Opportunities, 2024

Saudi Arabia Elevator & Escalator Market, By Type, By Service, By Elevator Technology, By End-User, By Elevator Door Type, Competition, Forecast & Opportunities, 2024

  • $ 3450
  • December 2019

Saudi Arabia Elevator & Escalator Market, By Type (Elevator, Escalator and Moving Walkways), By Service (Maintenance & Repair, New Installation and Modernization), By Elevator Technology (Traction, Hydraulic ...


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on