NEW YORK, Nov. 5, 2014 /PRNewswire/ -- About Electric Shovel
An electric shovel is a type of bucket-equipped heavy machinery, which acts as a necessary equipment in activities related to the mining, digging, and loading of earth or fragmented rock. It is a modified steam shovel that operates in a similar fashion. Although the main purpose of shovels is to excavate and remove overburden in open-cut mining operations, it may also be used in the loading of extracted minerals, such as coal.
TechNavio's analysts forecast the Global Electric Shovel market to grow at a CAGR of 1.37 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Electric Shovel market for the period 2014-2018. The report includes historical sales of the equipment in the Global Mining industry.
TechNavio's report, the Global Electric Shovel Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Global Electric Shovel market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Countries
- Canada
- Australia
- South Africa
Key Vendors
- Caterpillar
- Hitachi Construction Equipment
- Komatsu
- P&H Mining Equipment
Other Prominent Vendors
- Liebherr Group
- OMZ
Market Driver
- Growing Demand for Mineral-based Commodities
- For a full, detailed list, view our report
Market Challenge
- Highly Skilled Occupation
- For a full, detailed list, view our report
Market Trend
- Renting of Construction Equipment
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2018 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?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p02448165-summary/view-report.html
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