Underground mining is carried out for the extraction of minerals and ores that are buried far below the earth’s surface. Mine scalers Market Review are underground mining equipment used for scaling mines. Mine scalers are broadly categorised as hammer feed scalers, vibratory pick scalers and boom scalers.
Among all the types of mine scalers, the boom type scaler is gaining momentum in the mine scaler market owing to high performance, durability and increased scaling productivity. The continuously increasing demand for minerals and rare metals is driving the underground mining sector, which is expected to drive the mine scaler market.
In addition, technologically advanced mine scalers are being developed through innovative methods owing to the growing demand for increasing productivity and safety.
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Mine Scaler Market: Dynamics
The global mine scaler market is expected to witness lucrative growth during the forecast period. The growth of the global mining industry is correlated to the overall global economic scenario. Relatively slow economic growth, political turmoil, etc. are some of the key factors responsible for decreasing the demand for commodities and weakened investor confidence, which has hampered the growth of the global mining industry in the recent past.
However, the mining industry has gradually improved over the past couple of years. The growth of the mining industry partially depends upon the GDP trend. Global increase in the demand for minerals, combined with stabilised metal prices, is expected to boost the mining industry over the coming years. The aforementioned factors are among the key drivers of growth in the demand for mine scalers over the forecast period.
Moreover, towards the end of 2016, commodity prices have moved towards stabilisation, which has boosted the confidence of market participants in the mining industry, thus leading to an upsurge in ore exploration and procurement.
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Mine Scaler Market: Market Participants
Examples of some of the market participants identified across the value chain of the global mine scaler market include:
- Astec Industries Inc.
- Gradall Industries, Inc.
- Ergo Developpement (CMM Equipment)
- Astec Industries, Inc.
- Jama Mining Machines AB
- Breaker Technology
- NPK Construction Equipment, Inc.
- Getman Corporation
- Fermel (Pty) Ltd
The research report presents a comprehensive assessment of the mine scaler market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The report also contains projections using a suitable set of assumptions and methodologies. The mine scaler market research report provides analysis and information according to mine scaler market segments such as geographies, application, and industry.
Mine Scaler Market: Segmentation
On the basis of operational height, the mine scaler market can be segmented into:
- Up to 10 Feet
- 10 – 25 Feet
- More Than 25 Feet
On the basis of scaler type, the mine scaler market can be segmented into:
- Hammer Feed Scaler
- Vibratory Pick Scaler
- Boom Scaler
On the basis of application, the mine scaler market can be segmented into:
- Coal Mining
- Metal Mining
- Mineral Mining
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