(EnergyIndustry.Net, June 23, 2016 ) Mining equipment such as trucks, dozers, drillers, hydraulic pumps, conveyor belts, and compressors are used to extract natural resources like metals, coal, and minerals (including iron ore, titanium, and bauxite).
Underground mining involves mineral production by extracting natural resources from beneath the earth's surface. The mining methods required for underground extraction are selected based on parameters such as geographical conditions, spatial and geometric characteristics, economic value of ore, estimated operational costs, and availability of raw materials.
Publisher's analysts forecast the global underground mining equipment market to grow at a CAGR of 4.04% over the period 2014-2019. View Report: http://www.reportsweb.com/global-underground-mining-equipment-market-2015-2019 . Publisher's report, Global Underground Mining Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions - Americas - APAC - EMEA Key vendors - Caterpillar - Joy Global - Komatsu - Sandvik