Market Research Future - Premium Research Reports US Underground Mining Equipment Industry 2022 | Page 2
Increase in mining activities has led to the growth of US underground mining equipment industry. There
is an increase in number of mining sites which has augmented the demand for mining equipment. Coal
leads the share in underground mining and leads to high demand of specialized mining equipment.
Furthermore, the favorable regulations and policies by the government regarding mining safety,
employment, environment, and equipment usage have driven the demand for the underground mining
equipment in US.
Taste the market data and market information presented through more than 85 market data tables
and figures spread in 112 numbers of pages of the project report. Avail the in-depth table of content
TOC & market synopsis on “US Underground Mining Equipment Industry Information from 2014 to
2022"
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APAC will be the fastest growing market
Midwest dominates the US Underground Mining Equipment Industry with its largest market share of
USD 1836.4 million. It will expand at a CAGR 4.7% over the forecast period. This share is attributed to
the increase in mining activities and lots of investments in the region.
It is followed by South, which is expected to grow rapidly over USD 1475.2 million by 2022. West and
Northeast are also expected to grow from 2016 to 2022.
Key Players recognized in the US Underground Mining Equipment Industry are as follows:
Komatsu Ltd.
Caterpillar Inc.
Joy Global Inc.
Sandvik AB
Volvo AB
Hitachi Construction Machinery Co. Ltd.
Doosan Infracore Co. Ltd.
Boart Longyear Ltd.
Flsmidth Group
Kennametal, Inc.
Liebherr - International Deutschland Gmbh
Metso Corporation
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