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Global Electric Shovel Market 2015-2019

Global Electric Shovel Market 2015-2019

About Global Electric Shovel Market

An electric shovel is used in activities related to mining, digging, and loading of earth or fragmented rocks. It is a modified steam shovel and operates in a similar fashion. Though the main purpose of shovels is to excavate and decrease burden in open-pit mining operations, it may also be used for loading extracted minerals such as coal.

Technavio's analysts forecast the global electric shovel market to grow at a CAGR of 2.10% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and growth prospects of the global electric shovel market for 2015-2019. The report focuses on the revenue generated from the sale of electric shovels and the overall condition of the global mining sector. The future performance of the global electric shovel market is forecast based on the predicted CAGR after a detailed analysis of the conditions prevailing in the market. In addition, a geographical analysis of the global electronic shovel market was performed and, accordingly, the key leading countries have been found to be in EMEA, APAC, and the Americas. In addition, the report discusses the major drivers that influence the growth of the market, the challenges faced by vendors and the market at large, as well as the key emerging trends.

Key Vendors

  • Caterpillar
  • Hitachi Construction Machinery
  • Komatsu
  • P&H Mining Equipment
Other Prominent Vendors
  • Liehberr
  • OMZ
Market Driver
  • Increased Demand for Mineral-based Commodities
  • For a full, detailed list, view our report
Market Challenge
  • Environment Control Regulations
  • For a full, detailed list, view our report
Market Trend
  • Increase in Equipment Rentals
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Electric Shovel Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Electric Shovel Market: Caterpillar, Hitachi Construction Machinery, Komatsu and P&H Mining Equipment

Other Prominent Vendors in the market are: Liehberr and OMZ

Commenting on the report, an analyst from Technavio’s team said: “Demand for mining equipment is increasing as there is rapid growth in the mining industry. The competitive nature of the market is seeing the vendors' focus shift toward energy- and fuel-efficient equipment to gain a competitive edge. This has resulted in enhanced R&D investment by organizations to manufacture efficient equipment.”

According to the report, increasing economic activities coupled with urbanization and industrialization in emerging economies such as China, India, and other ASEAN countries, among others, are creating an unprecedented demand for mineral-based commodities because of their wide applications in construction and manufacturing industries. In India, construction of the 100 smart cities and investment in railway infrastructure is increasing the demand for steel, iron, and aluminum. Also, demand for coal for power generation is increasing substantially in these countries. This is creating a demand for mineral-based raw materials, resulting in an increase in mining activities. Thus, the demand for mining equipment such as electric shovels is expected to rise in the forecast period.Further, the report states that environmental control regulations are affecting the market growth.

Companies Mentioned

Caterpillar, Hitachi Construction Machinery, Komatsu and P&H Mining Equipment

Other Prominent Vendors in the market are: Liehberr and OMZ

  • Executive Summary
  • List of Abbreviations
  • Scope of Report
    • Market Overview
      • Table Mining Equipment Demand by Geography 2014
      • Table Types of Mining Equipment
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Industry Overview
    • Overview of Global Construction Industry
    • Overview of Global Mining Industry
      • Table Overview of Global Mining Industry
      • Table Mining Equipment Segmentation 2014
  • Market Landscape
    • Market Size and Forecast
      • Table Global Electric Shovel Market 2014-2019 (units)
    • Five Forces Analysis
  • Market Segmentation
    • Segmentation of Global Electric Shovel Market by Type of Mining Activity
      • Table Segmentation of Global Electric Shovel Market by Mining Activity 2014
    • Global Electric Shovel Market by Geography
      • Table Global Electric Shovel Market by Geography 2014
  • Key Leading Countries
    • Australia
      • Table Australian Mining Locations 2014
      • Table Australia: Economic Scenario
    • Canada
      • Table Canadian Mining Locations 2014
      • Table Canada: Economic Overview
    • South Africa
      • Table South African Mining Locations 2014
      • Table South Africa: Economic Overview
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Key Partnerships and M&A
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Caterpillar
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Caterpillar: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Caterpillar: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Caterpillar: Geographical Segmentation by Revenue 2013
        • Table Construction Segment Sales ($ billion) 2011-2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
      • Strengths
      • Weaknesses
      • Opportunities
      • Threats
    • Hitachi Construction Machinery
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013 and 2014
        • Table Hitachi Construction Machinery: Business Segmentation by Revenue 2013 and 2014 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Hitachi Construction Machinery: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • Komatsu
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Komatsu: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Komatsu: Business Segmentation by Revenue 2013 and 2014 ($ billion)
      • Geographical Segmentation by Revenue 2014
        • Table Komatsu: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • P&H Mining Equipment
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table P&H Mining Equipment: Product Segmentation 2013
      • SWOT Analysis
  • Other Reports in this Series

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