The "Underground Mining - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Underground Mining market accounted for $22.38 billion in 2019 and is expected to reach $30.87 billion by 2027 growing at a CAGR of 4.1% during the forecast period.
Rapid industrialization in developing nations and increasing implementation of IoT are the factors boosting market growth. However, the lack of skilled personnel is hampering the growth of the market.
Underground mining means all human-made excavations below the surface of the ground through shafts or adits to explore for, developing or producing valuable minerals.
Based on the equipment, the conveyor systems segment is going to have a lucrative growth during the forecast period as these systems can be used to transport material in underground and open-pit operations, and are especially common in coal mines. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to constant investments and increasing infrastructure projects and also India offers several opportunities for the mining companies as there is significant scope for exploration of bauxite, iron ore, and coal.
Companies Mentioned
What the report offers:
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Underground Mining Market, By Equipment
5.1 Introduction
5.2 Ventilation Systems
5.3 Rock Reinforcement Systems
5.4 Loaders & Trucks
5.5 Drilling Equipment
5.6 Conveyor Systems
5.7 Other Equipments
5.7.1 Shuttle Cars
5.7.2 Shovels
5.7.3 Draglines
5.7.4 Continuous Miners
6 Global Underground Mining Market, By Operator
6.1 Introduction
6.2 Owner Mining
6.3 Contract Mining
7 Global Underground Mining Market, By Method
7.1 Introduction
7.2 Supported
7.2.1 Stull Stoping
7.2.2 Square Set Stoping
7.2.3 Cut-and-Fill Stoping
7.3 Unsupported
7.3.1 Sublevel Stoping
7.3.2 Shrinkage Stoping
7.3.3 Room-and-Pillar
7.4 Caving
7.4.1 Sublevel Caving
7.4.2 Longwall Mining
7.4.3 Block Caving
8 Global Underground Mining Market, By Application
8.1 Introduction
8.2 Coal Mining
8.3 Metal Mining
8.4 Mineral Mining
9 Global Underground Mining Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/tgkz0b
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