Mining Equipment Market by Product and Application - Global Industry Analysis and Forecast to 2022

Published On : November 2017 Pages : 120 Category: Energy & Mining Report Code : EM11352

Industry Trend Analysis

In 2012, the global mining equipment market was evaluated around USD 79.35 billion and is expected to reach approximately USD 173.21 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 8.12% over the forecast period. Technological advancements like data transmission via real-time monitoring of activities and cloud networks have ensued in the growing utilization of smart mining solutions extending significant benefits across traditional mechanical products. The conversion from subversive to economical and innovative open pit mining is estimated to drive the demand for the next few years. Also, the expansion of high-performance tools has made it feasible without increasing the costs to a remove ores of declining grades. This drift is gradually noticeable in numerous steel manufacturing enterprises engaging to penetrate the mineral exploration segment for ensuring their sources of iron ore and coking coal at an affordable cost. The decreasing capital spending has affected the products demand negatively over the recent years. Though, the tough demand for drilling and exploration operations and the rising growths in this segment are anticipated to contribute to the market growth positively. Moreover, market players are concentrating on enhancing productivity, efficiency, and cost decline in their processes to defend their revenue margins. The growing inclination towards spreading novel technologies and funding the renewable installations is boosting the expansion of automated exploration processes and equipment for improving energy consumption. Various new technologies like machine learning and genomic solutions for declining the collecting data, labor costs, and sharing via cloud-based networks, are generating a high prospective for a positive change in the implementation of this equipment. The demands of the drilling & exploration and oil & gas industries are overlapping for alleviating the required support operations. Despite the uncertain safety issues and small commodity costing struggles in the market, the developing exploration drifts are anticipated to present sufficient opportunities for growth and improvement of the global market.

Product Outlook and Trend Analysis

In 2015, drills & breakers reported for around 10.5% of the market share. The promoting demand for the secretive exploration of coal, minerals, and metal is anticipated to affect the market positively during the forecast years. The robust technology-based effective drilling solutions development is also projected to fuel the market growth. In 2015, the surface mining equipment ruled the market. This can be assigned to the lifting demand from the substitute market due to consumption of energy and safety policies together with strict emission measures. The rising domestic demand from the developing nations like India, China, South Africa, and Brazil, due to the quick escalating automation across the metal exploration industry, is anticipated to actuate the growth of the global market.

Application Outlook and Trend Analysis

In 2015, the metal mining application seized the leading revenue of around USD 27 billion, which can be assigned to the rising exploration and resource activities. Furthermore, the growing requirement for base metals, like copper, gold, silver, platinum, and others, is anticipated to bestow to the growth of market revenue. The requirement for gold has supported owing to its financial, emotional, and cultural value and is anticipated to increase further in the emerging countries.

Regional Outlook and Trend Analysis

In 2015, the Asia Pacific mining equipment industry reported for around 60% of the market share, due to the existence of robust countries such as India, China, and Australia. Organizations in India are outsourcing ventures to mining service organizations with the segments becoming more prepared in the nation. The unexplored drilling and exploration potential in the country is projected to supply large market growth opportunities over the projected period. Furthermore, the opportunities for mineral exploration, infrastructure, and resources are escalating in the Middle East Asia region with the advent of fresh laws looking for funds.

Competitive Outlook and Trend Analysis

Few of the major market players are Joy Global Inc., Komatsu Ltd., Atlas Copco, Caterpillar Inc., Metso Corporation, and Sandvik AB. The amplified concentration on the different business aspects combined with cost-cutting in services and products are the strategies integrated by market players till the market gains its earlier impulse. Market players are also concentrating on present products with GPS technology, electronic control modules, and database instruments for improving product offering.

The global mining equipment market is segmented as follows –

By Product

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

By Application

  • Metal mining
  • Mineral mining
  • Coal mining

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates

o Others

Some of the key questions answered by the report are:

· What was the market size in 2012 and forecast from 2013 to 2022?

· What will be the industry market growth from 2013 to 2022?

· What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?

· What are the major segments leading the market growth and why?

· Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Mining Equipment Market , By Product, Estimates and Forecast, 2012-2022 ($Million)
    • Mining Drills & Breakers
    • Crushing, Pulverizing & Screening Equipment
    • Mineral Processing Machinery
    • Surface Mining Equipment
    • Underground Mining Machinery
    • Other Products
  • Mining Equipment Market , By Application, Estimates and Forecast, 2012-2022 ($Million)
    • Metal mining
    • Mineral mining
    • Coal mining
  • Mining Equipment Market , By Region, Estimates and Forecast, 2012-2022 ($Million)
    • North America
  • North America  Mining Equipment Market , By Country
  • North America  Mining Equipment Market , By Product
  • North America  Mining Equipment Market , By Application
    • U.S.  Mining Equipment Market , By Product
    • U.S. Mining Equipment Market , By Application
    • Canada  Mining Equipment Market , By Product
    • Canada  Mining Equipment Market , By Application
    • Mexico  Mining Equipment Market , By Product
    • MexicoMining Equipment Market , By Application
    • Europe
  • Europe Mining Equipment Market , By Country
  • EuropeMining Equipment Market , By Product
  • EuropeMining Equipment Market , By Application
    • Germany  Mining Equipment Market , By Product
    • Germany  Mining Equipment Market , By Application
    • France Mining Equipment Market , By Product
    • France Mining Equipment Market , By Application
    • UK   Mining Equipment Market , By Product
    • UK   Mining Equipment Market , By Application
    • Italy   Mining Equipment Market , By Product
    • Italy   Mining Equipment Market , By Application
    • Spain   Mining Equipment Market , By Product
    • Spain   Mining Equipment Market , By Application
    • Rest of Europe   Mining Equipment Market , By Product
    • Rest of Europe   Mining Equipment Market , By Application
    • Asia-Pacific
      • Asia-Pacific   Mining Equipment Market , By Country
      • Asia-Pacific   Mining Equipment Market , By Product
      • Asia-Pacific   Mining Equipment Market , By Application
        • Japan   Mining Equipment Market , By Product
        • Japan   Mining Equipment Market , By Application
        • Australia   Mining Equipment Market , By Product
        • Australia   Mining Equipment Market , By Application
        • India   Mining Equipment Market , By Product
        • India   Mining Equipment Market , By Application
        • South Korea   Mining Equipment Market , By Product
        • South Korea   Mining Equipment Market , By Application
        • Rest of Asia-Pacific   Mining Equipment Market , By Product
        • Rest of Asia-Pacific   Mining Equipment Market , By Application
    • Rest of the World
      • Rest of the World   Mining Equipment Market , By Country
      • Rest of the World   Mining Equipment Market , By Product
      • Rest of the World   Mining Equipment Market , By Application
        • Brazil   Mining Equipment Market , By Product
        • Brazil   Mining Equipment Market , By Application
        • South Africa   Mining Equipment Market , By Product
        • South Africa   Mining Equipment Market , By Application
        • Saudi Arabia   Mining Equipment Market , By Product
        • Saudi Arabia   Mining Equipment Market , By Application
        • Turkey   Mining Equipment Market , By Product
        • Turkey   Mining Equipment Market , By Application
        • United Arab Emirates   Mining Equipment Market , By Product
        • United Arab Emirates   Mining Equipment Market , By Application
        • Others   Mining Equipment Market , By Product
        • Others   Mining Equipment Market , By Application

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Decreasing Ore Grades

3.2.1.2.    Technological Innovation Driving The Heavy Equipment Demand

3.2.1.3.    Technological Advancements in the Mining Industry

3.2.2.  Restraints

3.2.2.1.    High Machinery Cost

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Mining Equipment Market, By Product

4.1.       Introduction

4.2.       Mining Equipment MarketAssessment and Forecast, By Product, 2012-2022

4.3.       Mining Drills & Breakers

4.3.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.4.       Crushing, Pulverizing & Screening Equipment

4.4.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.5.       Mineral processing machinery

4.5.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.6.       Surface mining equipment

4.6.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.7.       Underground mining machinery

4.7.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

4.8.       Other Products

4.8.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

5.       Mining Equipment Market, By Application

5.1.       Introduction

5.2.       The Mining Equipment Market Assessment and Forecast, By Application, 2012-2022

5.3.       Metal mining

5.3.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

5.4.       Mineral mining

5.4.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

5.5.       Coal mining

5.5.1.  Market Assessment and Forecast, By Region, 2012-2022 ($Million)

6.       Mining Equipment Market, By Region

6.1.       Introduction

6.2.       Mining Equipment Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.3.       Mining Equipment Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.4.       North America

6.4.1.  Market Assessment and Forecast, By Country, 2012-2022 ($Million)

6.4.2.  Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.4.3.  Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.4.4.  U.S.

6.4.4.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.4.4.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.4.5.  Canada

6.4.5.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.4.5.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.4.6.  Mexico

6.4.6.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.4.6.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.       Europe

6.5.1.  Market Assessment and Forecast, By Country, 2012-2022 ($Million)

6.5.2.  Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.3.  Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.4.  Germany

6.5.4.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.4.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.5.  France

6.5.5.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.5.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.6.  UK

6.5.6.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.6.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.7.  Italy

6.5.7.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.7.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.8.  Spain

6.5.8.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.8.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.5.9.  Rest of Europe

6.5.9.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.5.9.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.       Asia-Pacific

6.6.1.  Market Assessment and Forecast, By Country, 2012-2022 ($Million)

6.6.2.  Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.3.  Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.4.  Japan

6.6.4.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.4.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.5.  China

6.6.5.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.5.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.6.  Australia

6.6.6.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.6.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.7.  India

6.6.7.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.7.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.8.  South Korea

6.6.8.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.8.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.6.9.  Rest of Asia-Pacific

6.6.9.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.6.9.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.       Rest of the World

6.7.1.  Market Assessment and Forecast, By Country, 2012-2022 ($Million)

6.7.2.  Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.3.  Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.4.  Brazil

6.7.4.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.4.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.5.  Turkey

6.7.5.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.5.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.6.  Saudi Arabia

6.7.6.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.6.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.7.  South Africa

6.7.7.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.7.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.8.  United Arab Emirates

6.7.8.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.8.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

6.7.9.  Others

6.7.9.1.    Market Assessment and Forecast, By Product, 2012-2022 ($Million)

6.7.9.2.    Market Assessment and Forecast, By Application, 2012-2022 ($Million)

7.       Company Profiles

7.1.       Atlas Copco AB

7.1.1.  Business Overview

7.1.2.  ProductPortfolio

7.1.3.  Key Financials

7.1.4.  Strategic Developments

7.2.       Boart Longyear Ltd.

7.2.1.  Business Overview

7.2.2.  Product Portfolio

7.2.3.  Key Financials

7.2.4.  Strategic Developments

7.3.       Caterpillar Inc.

7.3.1.  Business Overview

7.3.2.  Product Portfolio

7.3.3.  Key Financials

7.3.4.  Strategic Developments

7.4.       China Coal Technology and Engineering Group Corp.

7.4.1.  Business Overview

7.4.2.  Product  Portfolio

7.4.3.  Key Financials

7.4.4.  Strategic Developments

7.5.       China National Coal Mining Equipment

7.5.1.  Business Overview

7.5.2.  Product  Portfolio

7.5.3.  Strategic Developments

7.6.       FLSmidth& Co. A/S

7.6.1.  Business Overview

7.6.2.  Product Portfolio

7.6.3.  Strategic Developments

7.7.       Hitachi Construction Machinery Co., Ltd.

7.7.1.  Business Overview

7.7.2.  Product Portfolio

7.7.3.  Strategic Developments

7.8.       Joy Global Inc.

7.8.1.  Business Overview

7.8.2.  Product Portfolio

7.8.3.  Strategic Developments

7.9.       Komatsu Ltd.

7.9.1.  Business Overview

7.9.2.  ProductPortfolio

7.9.3.  Key Financials

7.9.4.  Strategic Developments

7.10.    Metso Corporation

7.10.1.      Business Overview

7.10.2.      Product Portfolio

7.10.3.      Strategic Developments

7.11.    Northern Heavy Industries Group Co. Ltd.

7.11.1.      Business Overview

7.11.2.      Product Portfolio

7.11.3.      Key Financials

7.11.4.      Strategic Developments


List of Tables

List of Tables
Table 1.Global Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 2.Mining Drills & Breakers Market, By Region, 2012-2022 ($Million)
Table 3.Crushing, Pulverizing & Screening EquipmentMarket, By Region, 2012-2022 ($Million)
Table 4.Mineral Processing Machinery Market, By Region, 2012-2022 ($Million)
Table 5.Surface Mining EquipmentMarket, By Region, 2012-2022 ($Million)
Table 6.Underground Mining Machinery Market, By Region, 2012-2022 ($Million)
Table 7.Other ProductsMarket, By Region, 2012-2022 ($Million)
Table 8.Global Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 9.Metal Mining Market, By Region, 2012-2022 ($Million)
Table 10.Mineral MiningMarket, By Region, 2012-2022 ($Million)
Table 11.Coal Mining Market, By Region, 2012-2022 ($Million)
Table 12.North America Mining Equipment Market, By Country, 2012-2022 ($Million)
Table 13.North America Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 14.North America Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 15.U.S. Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 16.U.S. Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 17.Canada Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 18.Canada Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 19.Mexico Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 20.Mexico Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 21.Europe Mining Equipment Market, By Country, 2012-2022 ($Million)
Table 22.Europe Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 23.Europe Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 24.Germany Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 25.Germany Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 26.France Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 27.France Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 28.UK Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 29.UK Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 30.Italy Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 31.Italy Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 32.Spain Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 33.Spain Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 34.Rest of Europe Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 35.Rest of Europe Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 36.Asia-Pacific Mining Equipment Market, By Country, 2012-2022 ($Million)
Table 37.Asia-Pacific Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 38.Asia-Pacific Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 39.Japan Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 40.Japan Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 41.China Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 42.China Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 43.Australia Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 44.Australia Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 45.India Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 46.India Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 47.South Korea Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 48.South Korea Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 49.Rest of Asia-Pacific Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 50.Rest of Asia-Pacific Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 51.Rest of the World Mining Equipment Market, By Country, 2012-2022 ($Million)
Table 52.Rest of the World Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 53.Rest of the World Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 54.Brazil Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 55.Brazil Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 56.Turkey Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 57.Turkey Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 58.Saudi Arabia Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 59.Saudi Arabia Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 60.South Africa Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 61.South Africa Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 62.United Arab Emirates Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 63.United Arab Emirates Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 64.Others Mining Equipment Market, By Product, 2012-2022 ($Million)
Table 65.Others Mining Equipment Market, By Application, 2012-2022 ($Million)
Table 66.Atlas Copco AB: Key Strategic Developments, 2015-2017
Table 67.Boart Longyear Ltd.: Key Strategic Developments, 2015-2017
Table 68.Caterpillar Inc.: Key Strategic Developments, 2015-2017
Table 69.China Coal Technology and Engineering Group Corp.: Key Strategic Developments, 2015-2017
Table 70.China National Coal Mining Equipment: Key Strategic Developments, 2015-2017
Table 71.FLSmidth & Co A/S: Key Strategic Developments, 2015-2017
Table 72.Hitachi Construction Machinery Co. Ltd.: Key Strategic Developments, 2015-2017
Table 73.Joy Global Inc.: Key Strategic Developments, 2015-2017
Table 74.Komatsu Ltd.: Key Strategic Developments, 2015-2017
Table 75.Metso Corporation: Key Strategic Developments, 2015-2017
Table 76.Northern Heavy Industries Group Co. Ltd.: Key Strategic Developments, 2015-2017


List of Figures

List of Figures
Figure 1.Global Mining Equipment MarketShare, By Product, 2016 & 2025
Figure 2.Global Mining Equipment Market, By Application, 2016, ($Million)
Figure 3.Global Mining Equipment Market, By Region, 2016, ($Million)
Figure 4.Atlas Copco AB: Net Revenues, 2014-2016 ($Million)
Figure 5.Atlas Copco AB: Net Revenue Share, By Segment, 2016
Figure 6.Atlas Copco AB: Net Revenue Share, By Geography, 2016
Figure 7.Boart Longyear Ltd.: Net Revenues, 2014-2016 ($Million)
Figure 8.Boart Longyear Ltd.: Net Revenue Share, By Segment, 2016
Figure 9.Boart Longyear Ltd.: Net Revenue Share, By Geography, 2016
Figure 10.Caterpillar Inc.: Net Revenues, 2014-2016 ($Million)
Figure 11.Caterpillar Inc.: Net Revenue Share, By Segment, 2016
Figure 12.Caterpillar Inc.: Net Revenue Share, By Geography, 2016
Figure 13.China Coal Technology and Engineering Group Corp.: Net Revenues, 2014-2016 ($Million)
Figure 14.China Coal Technology and Engineering Group Corp.: Net Revenue Share, By Segment, 2016
Figure 15.China Coal Technology and Engineering Group Corp.: Net Revenue Share, By Geography, 2016
Figure 16.Northern Heavy Industries Group Co. Ltd.: Net Revenues, 2014-2016 ($Million)
Figure 17.Northern Heavy Industries Group Co. Ltd.: Net Revenue Share, By Segment, 2016
Figure 18.Northern Heavy Industries Group Co. Ltd.: Net Revenue Share, By Geography, 2016

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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