Coal Handling Equipment Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global coal handling equipment market has
been driven by increasing mining activities across the globe. Coal handling
equipment is used to unload in boiler furnace and transport coal at the plant.
Coal handling equipment is used during numerous preparation and storage stages.
These stages require certain equipment to handle the coal in power plants along
with an efficient and smooth quality and material flow system. Coal is still
considered as a dominant fuel in the energy sector for power generation across
the globe, especially in developing economies such as China and India. Hence, there
is an increase in demand for automation, fuel mobility, supply monitoring, and
efficient consumption which creates significant opportunities for coal handling
equipment market.
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The demand for coal handing equipment is increasing attributed
to growing demand from the coal mining industry. The US, China, and Australia
have the biggest coal mines by reserve across the globe. The US has three of
the world's ten biggest coal mines by reserve while China and Australia each
contain two of the biggest. There is a significant demand for coal handing
equipment from these countries. The US is technological advancements country
and utilize automation and fuel mobility system in order to increase the
efficiency of thermal power plants. Further, emerging economies such as India
and China have well-developed power generation facilities deploying coal as the
major fuel that assist these economies in maintaining a major position in the
market.
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Furthermore, monitoring of coal quality increased coal mining
activity and highly efficient material tracking will fuel the growth of the
market. However, the growth of the market is expected to slow down due to
factors such as stringent regulations by governments and environmental concerns
across the globe. Additionally, renewable energy such as solar energy, wind
energy, and hydroelectricity is being promoted through government initiatives
for power generation. These are anticipated to critically affect the global
coal handling equipment market in the future.
Current Market Trends Covered in the Market Report:
- High
demand for mine planning and automation solutions
- Asia-Pacific
region– an emerging sector in the global coal handling equipment market
- New
product development and technological advancements- key drivers of
competition
- Impact
of renewables sources for power generation
- Need for
faster fuel mobility across the globe
Global Coal Handling Equipment Market – Segmentation
By Application
- Crushing
- Pulverizing
and Screening
- Drills
and Breakers
- Dust
Collection
- Others
(Surface Mining, Underground Mining)
By Type
- Material
Handling Equipment
- Belt
Conveyor
- Screw
Conveyor
- Bucket
Elevator
- Crushing
Equipment
Global Coal Handling Equipment Market –Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest
of Europe
Asia-Pacific
- China
- Japan
- India
- Rest
of Asia-Pacific
Rest of the World
Company Profiles
·
AB Volvo
·
Abco Manufacturing Co.
·
Aesha Conveyors and Crushing Equipment
·
Atlas Copco Group
·
Caterpillar, Inc.
·
CDM Systems, Inc.
·
Ceramic Technology, Inc.
·
Dynamic Air, Inc.
·
Elecon Engineering Co. Ltd.
·
Eriez Manufacturing Co.
·
FAB 3R, Inc.
·
GMV Engineering Pvt. Ltd.
·
Hitachi Construction Machinery Co., Ltd.
·
Magnetool, Inc.
·
Mineral Products, Inc.
·
N.M. Heilig B.V.
·
Standley Batch Systems, Inc.
·
Stirling Equipment & Systems, Inc.
·
Tema Systems, Inc.
·
Terex Corp.
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