CATEGORY

Mining Support Equipment

Support Equipment are used in mining site as auxilliary equipment for operations such as grading, levelling, etc.

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Mining Support Equipment Market Monitoring Dashboard


Supply Demand

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Mining Support Equipment Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Mining Support Equipment category is 5.60%

Payment Terms

(in days)

The industry average payment terms in Mining Support Equipment category for the current quarter is 105.0 days

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Lead Time

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Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Mining Support Equipment Suppliers


    7,740
    Total Suppliers
    301
    Diverse Suppliers
    100
    Normalized Supplier Rating
    Mining Support Equipment Supplier

    Find the right-fit mining support equipment supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    ALCOA CORPORATION
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    4
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    59

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    53
    Social
    57
    Governance
    71
    6 Domains Performance (/100)
    Business behaviour
    59
    Human rights
    56
    Community Environment
    67
    Corporate governance
    77
    Human resources
    53
    Security Scorecard
    85

    Threat indicators
    B
    87
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    66
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    81
    Application Security
    Detecting common website application vulnerbilities
    B
    84
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    84
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    97
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    alcoa.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    1
    Workforce Health Safety Issues
    0
    Product Service Issues
    27
    Human Rights Issues
    0
    Production Supply Chain Issues
    2
    Environmental Non Compliance Flags
    30
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    3
    Fraud Issues
    0
    Labor Health Safety Flags
    29
    Regulatory Issues
    3
    Workforce Disputes
    29
    Sanctions
    0
    esg energy transition
    50
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    Yes

    Mining Support Equipment market frequently asked questions


    According to Beroe's report, the global SE market will grow by 3 ' 3.5 percent CAGR reaching a valuation of $14.9 Bn due to the rise in mineral production output. Considerable growth will improve the overall economic scenario in China and increase commodity prices.

    The net supply contract tenure is between 5 ' 7 years and it's determined using the formula: Demand-based + price adjustment clause based on raw material prices

    As per the mining support equipment market size shared by Beroe, both Europe and Africa happen to fall in the category of being the medium and low maturity market regions. However, the high maturity market is being dominated by North America and the APAC region.

    The top global supplier names from the industry are ' Caterpillar, Komatsu, Sandvik, Joy Global, and Hitachi.

    The metal production output (2 ' 3 percent) and commodity price (5 ' 6 percent) drive the entire mining support equipment market.

    Following the insights of the mining support equipment market research report, surface mining holds a market share of 34 percent while UG mining equipment holds a share of 15 percent.

    As per the report, the steady upswing of demand from regions like India and China followed by the adoption of smart technology by Australia (major production region) will lead to the unparalleled growth of the support equipment market.

    As per Beroe's analysis report, both Caterpillar and Komatsu supply nearly 11, 500 mining dozers, while the number of active wheel loaders (with payloads) vary from 2 ' 15 MT and are provided by Caterpillar, Komatsu, and Joy Global/P&H (LeTourneau).

    The primary factors that would contribute to the faster growth of SE equipment in the UG sector compared to that in the surface mining category are: Increasing adoption of UG mining methods due to falling ore grades at open cast mines Global economic growth Considerable increase in exploration activities Increase in the mechanization of the mines The decrease in the ore grades in surface mines

    From a global perspective, UG wheel loader/LHD holds nearly 85 percent of the SE market in the UG equipment category. Beroe's mining support equipment market news report also indicates that it can be the fastest-growing sub-segment in the SE category for the UG equipment in the coming years.

    Mining Support Equipment market report transcript


    Global Market Outlook on Mining Support Equipment

    • The APAC will continue to dominate the SE market, in terms of size and growth prospects until 2022
    • The global SE market is expected to grow by 2–2.5 percent CAGR between 2019 and 2022, owing to a rise in mineral production output, improving economic scenario in China, and increase in commodity prices

    Mining Support Equipment Market Overview –Global

    • The global SE market is expected to grow by 3-3.5 percent CAGR between 2017 and 2019, owing to the rise in mineral production output, coupled with the increased demand for commodities
    • The steady upswing of demand from India and China and the adoption of smart technology in key production regions such as Australia would aid the support equipment market's growth

    Mining Support Equipment Market Overview –Surface Mining

    • In the global perspective, Caterpillar and Komatsu supply the majority of the dozers - 11,500 mining dozers, whereas 3,700 active wheel loaders with payloads ranging from 2 to 15 MT are from Caterpillar, Komatsu, and Joy Global/P&H (LeTourneau), which are used by mining companies globally

    Mining Support Equipment Market Overview –UG Mining

    • From a global perspective, UG wheel loader/LHD accounts for 85 percent of the SE market in the UG equipment category. It is expected to be the fastest-growing sub-segment in SE category for the UG equipment
    • SE equipment in the UG category is expected to grow faster than SE equipment in the surface mining equipment category due to the increasing adoption of UG mining methods due to falling ore grades at open cast mines.
    • Global economic growth, expected increase in exploration activity, increase in mechanization of mines, and a decrease in ore grades in surface mines could further drive the demand for SE in UG equipment

    Global Demand by Application

    • Demand growth is expected to come from metals, such as copper, nickel, zinc, and iron ore. The metal output is expected to increase by 3 percent CAGR between 2017 and 2019
    • Demand is also expected to come from regions, such as India, China, and Africa. For instance, iron ore output in India increased by 8 percent in 2015–16 compared to the same period a year ago. This trend is expected to continue in the upcoming years

    Downstream Demand Outlook

    • Demand for SE is expected to improve, due to an increase in metal production, construction activities, and an upsurge in new mines
    • In the UG mining equipment category, coal accounted for about 40 percent of revenue share in 2017
    • Coal mining is one of the significant end-use industries in the surface mining equipment category
    • Asia and Africa are going to be the fastest-growing regional markets for SE during 2017–2019
    • Demand from large developing countries, such as India, China, and Indonesia, could increase the size of the market
    • Global coal output is expected to reach 8.4 billion tons, growing at a CAGR of 1.6 percent until 2020