(EnergyIndustry.Net, November 14, 2017 ) Mining equipment is used to extract natural resources such as metals, coal, and minerals, including iron ore, titanium, bauxite, and copper; gravel and sand; platinum and gold; and salt and other non-metallic products. Mining equipment includes trucks, dozers, loaders, borers, core drillers, stationary and portable crushers, dryers, feeders, hydraulic pumps, conveyor belts, and compressors.
Rental mining equipment accounts for a significant share in the global mining equipment market. The high cost of capital, overhead cost, and maintenance cost attached with the ownership of mining equipment have led end-users to rent mining equipment. The nature of a project and its duration are the key factors considered while purchasing or renting mining equipment. Generally, for a small-scale project scheduled for a short span, companies prefer to rent mining equipment as opposed to purchasing them.
Market driver - Benefits of renting mining equipment for short duration projects and small mining companies - For a full, detailed list, view our report
Market challenge - Declining CAPEX in mining industry - For a full, detailed list, view our report
Market trend - Optimization of efficiency by renting energy-efficient mining equipment - For a full, detailed list, view our report
PART 01: Executive summary - Highlights PART 02: Scope of the report - Market overview - Top-vendor offerings PART 03: Market research methodology - Research methodology - Economic indicators PART 04: Introduction - Key market highlights PART 05: Market landscape - Market overview - Market size and forecast - Five forces analysis PART 06: Market segmentation by equipment type - Global mining equipment rental market by equipment type - Global mining equipment rental market by surface mining equipment - Global mining equipment rental market by underground mining equipment - Global mining equipment rental market by crushing, pulverizing, and screening equipment - Global mining equipment rental market by mining drills and breakers - Global mining equipment rental market by mineral processing machinery
PART 07: Market segmentation by application - Global mining equipment rental market by application - Global mining equipment rental market by coal mining - Global mining equipment rental market by metal mining - Global mining equipment rental market by mineral mining PART 08: Geographical segmentation - Global mining equipment rental market by geography - Mining equipment rental market in APAC - Mining equipment rental market in the Americas - Global mining equipment rental market in EMEA PART 09: Market drivers - Benefits of renting mining equipment for short duration projects and small mining companies - Growing demand from coal mining industry - Rising demand for metals and minerals PART 10: Impact of drivers PART 11: Market challenges - Declining CAPEX in mining industry - Decrease in imports of mined products in China - Environmental impact PART 12: Impact of drivers and challenges PART 13: Market trends - Optimization of efficiency by renting energy-efficient mining equipment - Shift of mining activities to emerging economies - Tracking technology and fleet management apps and software PART 14: Vendor landscape