Latest Market Research Reports 2021

Mining Equipment Market Research Report

Mining Equipment Market: Demand Analysis and Growth Forecast

In the United States, the total market capitalization of coal producing companies was valued to be $10.58 billion as of January 2019, according to the Institute of Energy Economics and Financial Analysis. The US mining industry is amongst the largest mining industries, dominating in the coal and minerals sector. Mining is more often than not decisively affected by the prices of volatile commodities. However, the mining process has been growing, even after the exceptional improved tools which facilitate speedier processing. Growing mining activities such as drilling and exploration are projected to bolster the growth of the mining equipment market in the future. As per the findings in the newly published market research report by IndustryARC titled “Mining Equipment Market: By Method, By Product, By Type, By Geography – Forecast (2019-2025),” there were opportunities worth $100 to $105 billion in 2018, and the demand is estimated to grow with a CAGR of 5% during the forecast period of 2019 to 2025.

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In the Report “HVAC Equipment Market: By Heating Equipment (Heat pumps, Warm Air Furnaces, Boilers, Space heaters and others); By Cooling equipment (Air Conditioners, Evaporative Coolers, Cooling Towers and others); By Ventilation equipment (Duct fans, Draft inducers, dehumidifying coils, air purifiers and others); By Components (Compressors, Condensers, Centrifugal pumps and others); By End-user (Food and Beverages, Automotive industry, Healthcare industry, Residential and commercial buildings and others)& Geographic Analysis - Forecast (2018-2023)” published by IndustryARC, the market is driven by rise in the number of households, demand in energy efficient product, and replacement of old equipment are seen as key determinants.

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Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)
Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc

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