Global Mining Equipment Rental Market 2017-2021

Global Mining Equipment Rental Market 2017-2021

  • September 2017 •
  • 95 pages •
  • Report ID: 4340458
About Mining Equipment Rental

Mining equipment is used to extract natural resources such as coal, metals, and minerals. Some of the minerals and metals extracted include iron ore, bauxite, titanium, copper, gold, platinum, sand, gravel, salt, and other non-metallic products. Rental mining equipment constitutes a significant share of the global mining equipment market. The high cost of capital, maintenance cost, and overhead cost attached with the ownership of mining equipment have compelled end-users to rent mining equipment instead.

Technavio’s analysts forecast the global mining equipment rental market to grow at a CAGR of 3.77% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global mining equipment rental market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Mining Equipment Rental Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Atlas Copco
• Caterpillar
• Hertz Equipment Rental
• Komatsu
• Sunbelt Rentals

Other prominent vendors
• AMECO
• EMECO
• Eqstra
• H&E Equipment Services
• McDowell
• United Mining Rentals
• United Rentals
• SMS Rental

Market driver
• Rental advantages of mining equipment
• For a full, detailed list, view our report

Market challenge
• CAPEX depreciation in the mining industry
• For a full, detailed list, view our report

Market trend
• Emergence of deepsea mining
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Country=World Industry=MiningAndQuarrying ParentIndustry=HeavyIndustry Date=201709 Topic=MarketSize Publisher=InfinitiResearchLimited Price=3000