Le Lézard
Classified in: Mining industry
Subject: SVY

Mining Drills and Breakers Market Size Worth $17.03 Billion by 2025: Grand View Research, Inc.



SAN FRANCISCO, October 2, 2017 /PRNewswire/ --

The global mining drills and breakers market is expected to reach USD 17.03 billion by 2025, according to a new report by Grand View Research, Inc. Factors such as changes in manufacturing techniques, including the development of infrared, sonic, and optical micro cameras, to measure parameters in a borehole; development of high-performance drill heads and core bits have increased the feasibility of the mining equipment, thereby propelling the industry growth.

     (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO )

The increase in demand for underground mining equipment owing to proactive changes in energy efficiency regulations by various governments across the globe is contributing to the industry growth. Mining solutions based on the ongoing requirements for energy efficiency, improved safety, and reduced environmental impact are expected to positively affect the industry growth.

The growing focus of consumers on their core processes and the increasing demand for services are contributing to the growth of mining drills and breakers market. Additionally, automation has gained prominence in the industrial manufacturing and process industries, which is leading to reliable product quality, effective processes, and high production volume. In an attempt to increase efficiency, drilling contractors are also seeking to automate their process with the help of remote controlling, automation, and robotics.

Furthermore, mining companies are focusing on improving their safety and environmental records, transferring the standards governing these aspects of production to the equipment suppliers. These changes are expected to enhance productivity and the quality of drills & breakers. Mine operators are seeking opportunities for equipment that can operate in remote, deeper mines and efficiently handle the declining ore grades, thereby placing emphasis on availability, enhanced productivity, and cost optimization.

Browse full research report with TOC on "Mining Drills And Breakers Market Analysis By Product (Rotary Drills, Crawler Drills, Rock Breakers, Hydraulic Breakers), By Application (Metal Mining, Mineral Mining, Coal Mining), By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/mining-drills-and-breakers-market

Further Key Findings From the Report Suggest: 

Browse related reports by Grand View Research: 

Grand View Research has segmented the mining drills & breakers market into product, application, and region. 

Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: http://www.grandviewresearch.com

SOURCE Grand View Research, Inc.


These press releases may also interest you

at 07:00
This week Ritchie Bros. sold 4,100+ equipment items and trucks for US$50+ million at its unreserved auction in Fort Worth, TX, setting a new December sales record for the site. More than 5,000 people from 60 countries registered to bid in the...

at 07:00
Exchange Income Corporation (the "Corporation"), a diversified, acquisition-oriented company focused on opportunities in aerospace, aviation and manufacturing sectors announced today that the Directors of the Corporation have declared eligible...

at 06:37
Teranga Gold Corporation ("Teranga" or the "Company") is pleased to announce that Teranga common shares will commence trading today in the United States on the OTCQX market under the symbol "TGCDF".  "We are pleased to join OTCQX, which will...

at 06:30
The "Global Mining Drills Market 2017-2021" report has been added to Research and Markets' offering. The global mining drills market to grow at a CAGR of 3.16% during the period 2017-2021. Global MIning Drills Market 2017-2021, has been prepared...

at 06:30
Capstone Mining Corp. ("Capstone") has completed the sale of its Kutcho development project to Kutcho Copper Corp. ("Kutcho Copper") (formerly Desert Star Resources Ltd.). Under the terms of the agreement, Capstone received C$28.8 million in cash...

at 06:03
Torex Gold Resources Inc. (the "Company" or "Torex") is encouraged to report that a majority of its employees have voted to return to work immediately. The Company organized an off-site vote yesterday for its 520 employees that are eligible to join...




News published on 2 october 2017 at 06:00 and distributed by: