The statistical surveying report on the global Hydraulic Roof Supports Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts. The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions. The statistical data derived from authentic resources and assisted by industry experts. It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.
Hydraulic Roof Supports are the equipment that control the height of, and provide support to, the mine roof of the working face during the coal mining process, allowing armored-face conveyors and shearers to operate underneath.
Hydraulic Roof Supports market has been shrinking since 2012 because of the depression of coal industry. China is the biggest consumer market of hydraulic roof supports. With the success of China’s economic transition Chinese market will recovery in 3 or 4 years. And emerging market such as India or Southeast Asia will grow. So we consider the hydraulic roof supports industry will recovery by 2019.
According to this study, over the next five years the Hydraulic Roof Supports market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydraulic Roof Supports business, shared in Chapter 3.
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The key manufacturers covered in this report:
- Joy Global
- Caterpillar
- Becker Mining
- Nepean
- Famur
- Kopex
- Tiandi Science & Technology
- Zhengzhou Coal Mining Machinery
- Beijing Coal Mining Machinery
- Pingdingshan PMJ Coal Mine Machinery
- Chongqing Dajiang XinDa
- Shanxi Pingyang Industry Machinery
- Tiansheng Coal Mine Equipment
- Shandong Mining Machinery
Segmentation by product type:
- Chock Support
- Shield Support
- Chock Shield Support
Segmentation by application:
- High Mining Height Mining
- Top Coal Caving Mining
- Fully Mechanized Mining
This report also splits the market by region:
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- …….
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Research objectives
- To study and analyze the global Hydraulic Roof Supports consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Hydraulic Roof Supports market by identifying its various subsegments.
- Focuses on the key global Hydraulic Roof Supports manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Hydraulic Roof Supports with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Hydraulic Roof Supports submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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