Market Research Logo

Global Mechanical Drive Market for Mining Industry 2017-2021

Global Mechanical Drive Market for Mining Industry 2017-2021

About Mechanical Drives for Mining Industry

Mining involves extraction of valuable minerals from the earth’s crust. These mineral products have an economic value as they are used in many industries to manufacture end-products. These industries include automobile, manufacturing, energy, and construction. Ores recovered by mining include coal, oil shale, metals, gemstones, rock salt, and clay. The life cycle of a mining process consists of key steps that include exploration, production, closure, and post-mining. The major parts of mining process are exploration, mining, and processing.

Technavio’s analysts forecast the global mechanical drives market for mining industry to grow at a CAGR of 2.99% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mechanical drives market for mining industry for 2017-2021. To calculate the market size, the report considers the demand for mechanical drive products from the mining industry.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mechanical Drives Market for Mining Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Nidec
  • Siemens
  • SKF
Market driver
  • Global urbanization and industrialization
  • For a full, detailed list, view our report
Market challenge
  • Decline in mining-related investments
  • For a full, detailed list, view our report
Market trend
  • Shifting of mining activities to emerging economies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Mining process
    • Mining equipment overview
      • Table Types of mining equipment
  • Market landscape
    • Market size and forecast
      • Table Global mechanical drive market for mining industry 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global mechanical drive market for mining industry by product
      • Table Global mechanical drive market for mining industry by products 2016-2021 ($ millions)
    • Gear drive
      • Table Global gear drive market for mining industry 2016-2021 ($ millions)
    • Belt drive
      • Table Global belt drive market for mining industry 2016-2021 ($ millions)
      • Table Application of belt drives in mining industry
    • Antifriction bearing
      • Table Antifriction bearing market for mining industry 2016-2021 ($ millions)
    • Chain drive
      • Table Global chain drive market for mining industry 2016-2021 ($ millions)
    • Coupling
      • Table Global coupling market for mining industry 2016-2021 ($ millions)
  • Geographical segmentation
    • Global mechanical drive market for mining industry by geography
      • Table Global mechanical drive market for mining industry by geography 2016-2021 ($ million)
    • APAC
      • Table Mechanical drive market for mining industry in APAC 2016-2021 ($ millions)
    • Americas
      • Table Mechanical drive market for mining industry in the Americas 2016-2021($ millions)
    • EMEA
      • Table Mechanical drive market for mining industry in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global population data 2000-2050 (billions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Shifting of mining activities to emerging economies
    • Advances in belt drive technology
    • Rapid industrialization in BRICS
  • Vendor landscape
    • Competitive scenario
  • Vendor analysis
    • ABB
    • Nidec
      • Table Nidec: Product offerings
    • Siemens
      • Table Siemens: Products offered by different business segments
    • SKF
      • Table SKF: Product offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report