(EnergyIndustry.Net, September 21, 2017 ) Mining equipment is used to extract natural resources such as coal, metals, and minerals. Some of the minerals and metals extracted include iron ore, bauxite, titanium, copper, gold, platinum, sand, gravel, salt, and other non-metallic products. Rental mining equipment constitutes a significant share of the global mining equipment market. The high cost of capital, maintenance cost, and overhead cost attached with the ownership of mining equipment have compelled end-users to rent mining equipment instead.
The report covers the present scenario and the growth prospects of the global mining equipment rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas APAC EMEA
Research report, Global Mining Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
AMECO EMECO Eqstra H&E Equipment Services McDowell United Mining Rentals United Rentals SMS Rental Market driver
Rental advantages of mining equipment For a full, detailed list, view our report Market challenge
CAPEX depreciation in the mining industry For a full, detailed list, view our report Market trend
Emergence of deepsea mining For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Companies Mentioned:
Atlas Copco, Caterpillar, Hertz Equipment Rental, Komatsu, Sunbelt Rentals, AMECO, EMECO, Eqstra, H&E Equipment Services, McDowell, United Mining Rentals, United Rentals, and SMS Rental.
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.