Global Coal Mining Market 2021-2025
Technavio has been monitoring the coal mining market and it is poised to grow by $ 64.68 bn during 2021-2025, progressing at a CAGR of over 2% during the forecast period. Our report on the coal mining market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by better electricity generation technology and mine planning software in the coal sector. In addition, better electricity generation technology is anticipated to boost the growth of the market as well.
The coal mining market analysis includes the end-user segment and geographic landscape.
Technavio's coal mining market is segmented as below:
- Thermal power generation
- Cement manufacturing
- Steel manufacturing
By Geographical Landscape
- South America
- North America
This study identifies the advent of robotics and driverless technology as one of the prime reasons driving the coal mining market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on coal mining market covers the following areas:
- Coal mining market sizing
- Coal mining market forecast
- Coal mining market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading coal mining market vendors that include Anglo American Plc, Arch Coal Inc., BHP Group plc, China Shenhua Energy Co. Ltd., Coal India Ltd., Glencore Plc, Peabody Energy Corp., Shaanxi Coal and Chemical Industry Group Co. Ltd., Teck Resources Ltd., and Vale SA. Also, the coal mining market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.