Mining Technology & Minerals Market Research News

Mechanical drives for mining market forecast to 2021 detailed in new research report

Mining Market Research

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.

Companies Mentioned: ABB, Nidec, Siemens, and SKF.


About Mechanical Drives for Mining, 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.

Analysts forecast the Global Mechanical Drives Market for Mining Industry to Grow at a CAGR Of 2.99% During The Period 2017-2021.


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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

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.

Browse Full Report with TOC:…dustry-2017-2021


Key vendors

  • ABB
  • Nidec
  • Siemens
  • SKF

Market driver

  • Global urbanization and industrialization

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Market challenge

  • Decline in mining-related investments

Market trend

  • Shifting of mining activities to emerging economies

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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Table of Contents
PART 01: Executive summary

PART 02: Scope of the report


PART 03: Research Methodology

PART 04: Introduction

Key market highlights

Mining process

Mining equipment overview

PART 05: Market landscape

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product

Global mechanical drive market for mining industry by product

Gear drive

Belt drive

Antifriction bearing

Chain drive


PART 07: Geographical segmentation

Global mechanical drive market for mining industry by geography




PART 08: Decision framework

PART 09: Drivers and challenges

Market drivers

Impact of drivers on key customer segments

Market challenges

Impact of challenges on key customer segments


PART 10: Market trends

Shifting of mining activities to emerging economies

Advances in belt drive technology

Rapid industrialization in BRICS

PART 11: Vendor landscape

Competitive scenario


PART 12: Vendor analysis





PART 13: Appendix

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