London, 15 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Coal Handling Equipment Market in the Mining Industry 2014-2018.
Coal handling systems form an integral part of a complete material flow and quality management system. Coal handling equipment is used to extract coal from its reserves or coal mines. As coal is still a preferred fuel for power generation, the market is expected to grow at a CAGR of 8.05 percent from 2014-2018.
The latest report by TechNavio focuses on greater fuel mobility and efficient supply and consumption monitoring, which will enhance the growth of Coal Handling Equipment Market. The report also discusses several technological advances, like better mining equipment, automated conveyor systems and more effective crushing machinery, which are propelling overall market growth.
“In the coal mining industry, large-scale excavations and efficient handling of coal has become possible because of innovations in mining as well as related coal handling equipment. Advances in technology will increase mining opportunities, and vendors are working to develop advanced equipment to increase their market share,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Preferred Fuel for Power Generation Purposes
- For a full detailed list, view our report.
Market Challenges:
- Environmental Regulations
- For a full detailed list, view our report.
Market Trends:
- Advances in Technology
- For a full detailed list, view our report.
Key Vendors:
- Atlas Copco AB
- Caterpillar Inc.
- Hitachi Construction Machinery Co., Ltd.
- Roberts and Schaefer
Other Prominent Vendors:
- Aesha Conveyors and Crushing Equipment
- Elecon EPC Projects
- FAB 3R
- GMV Engineering
- Mitrays Industries
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