Lewes, DE -- (SBWIRE) -- 04/13/2015 -- Report forecast the Mining Equipment market in the US to grow at a CAGR of 8.27 percent over the period 2014-2019.

Mining equipment is used to extract various natural resources from the earth. Transportation equipment, excavation equipment, and screening and washing equipment are some of the equipment used in the Mining industry. Mining equipment uses its mechanical energy to move rocks or heavy surfaces and drill holes in the earth's surface.

This report covers the present scenario and the growth prospects of the Mining Equipment market in the US during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of mining equipment and from services.

According to the report, one of the key factors driving market growth is the increase in mining activities throughout the US. Mining activities have witnessed huge growth in the US. The country is also a major producer of minerals and metals such as gold, silver, and uranium.

Further, the report states that the need for high initial investment is a key challenge affecting overall market revenue. Many mining end-users are finding it difficult to invest large amounts of money in mining equipment and prefer cost-effective mining equipment.

The Mining Equipment Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Mining Equipment market in the US and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in the Mining Equipment Market in the US: Caterpillar Inc., Joy Global Inc. and Roberts and Schaefer Co.

Other Prominent Vendors in the market are: Alcoa, Kennametal and P&H Mining Equipment

Market Driver
- Growing Mining Activities in the US
- For a full, detailed list, view our report

Market Challenge
- Need for High Initial Investment
- For a full, detailed list, view our report

Market Trend
- Demand for Energy-saving Equipment
- 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?

Spanning over 62 pages, "Mining Equipment Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Coal Industry Overview in US, Market Landscape, Market Segmentation by Product, Buying Criteria, Market Segmentation by End-users, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/mining-equipment-market-us-2015-2019

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