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equipment repair. Mining equipment manufacturers are expecting the higher-margin aftermarket sales to recover in the second half of 2014. 5 This trend is likely to continue as miners seek to sweat existing assets by extending the life of equipment through maintenance

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Mining equipment sales are still falling, according to the VDMA Mining Assn., an affiliate of the German Engineering Federation (VDMA, Verband Deutscher Maschinenund Anlagenbau). However, it is optimistic that 2017 will bring a return to profitable equipment sales in Germany.

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List of General Mining Equipment Suppliers & Contractors

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Global Mining Equipment Industry Market Research, Global

Global sales of surface mining machinery such as excavators and loaders are forecast to climb 4.5% per annum through 2022, bolstered by growing strip mining of aggregates, coal, and other materials. The drills and breakers; crushing, pulverizing, and screening equipment; and mineral processing and other machinery segments are expect to expand at an above average pace.

Global Mining Equipment Market Size, Share, Forecast

Industry Insights. The global mining equipment market size was valued at USD 120.82 billion in 2017 and is anticipated to record a CAGR of 11.7% during the forecast period.

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