MRO Mining Market Intelligence

MRO Mining Market Description

The total global mining equipment service market that includes HME (Heavy Machinery Equipment), Mining Equipment, Mining Auxiliaries is expected to grow at a CAGR of 3-4 percent to reach $158.1 billion. Surface mining equipment accounts for approximate 36 percent of the global mining equipment market and is expected to remain in a similar range, between 34 percent to 38 percent. North America and Australia are the major regions for mining services.

The report provides a detailed market analysis of the MRO mining industry, highlighting the global market trend and their implications. A regional market overview of North America, LATAM, APAC, MEA, and Europe has been shared in the report. Additionally, the report includes the regional market analysis of the HME (Heavy Machinery Equipment) service industry for. The report identifies the global maintenance service market drivers and constraints along with Porter’s Five Force Analysis of the global MRO mining market. The report further covers the suppliers’ profile analysis and SWOT analysis for some of the main regional suppliers in the industry such as Komatsu, Atlas Copco, Sandvik, Caterpillar etc.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Market Trend and its Implication
Regional Market Outlook- North America, LATAM, APAC, MEA, Europe
Key Global Equipment Repair and Maintenance Service Providers
Key Regional Suppliers

MRO Mining Market Trend, Analysis & Forecast

Category Intelligence on MRO Mining covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

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Executive Summary

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Market Analysis

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Supply Analysis

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Cost & Pricing Analysis

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Best Practices

1. MRO Mining Executive Summary

1.1 Global Market
1.2 Industry Outlook
1.3 Supply Market Outlook

2. MRO Mining Market Analysis

2.1 Global Market Maturity
2.2 Global Market Overview for Mining Equipment
2.3 Global Market Overview for Equipment Maintenance Services
2.4 Global Market Trend and its implication
2.5 Regional Market Outlook
2.6 Market Drivers and Constraints
2.7 Porter’s Five Forces Analysis

3. MRO Mining Supply Analysis

3.1 Supply Market Outlook - Supply Trends and Insights
3.2 Key Global Suppliers
3.3 Key Regional Suppliers
3.4 Key Global Supplier Profile
3.5 Supplier SWOT Analysis

4. MRO Mining Cost and Pricing Analysis

4.1 Cost Break-up
4.2 Pricing Models
4.3 Price Driver Analysis
4.4 Approaches to Cost Savings

5. MRO Mining Procurement Best Practices

5.1 Sourcing Model
5.2 Category Strategies
5.3 TCO Analysis
5.4 Industry Best Practices
5.5 Repair and Maintenance Services Engagement Models
5.6 Best Practices
5.7 Key Performance Indicators (KPIs)
5.8 Key Negotiation Levers
5.9 Technology Advancement - Mining Equipment Maintenance
5.10 Market Innovation and Trends

MRO Mining Regional Market outlook

The total global mining equipment service market which includes HME(Heavy Machinery Equipment), Mining Equipment, Mining Auxiliaries was valued at $137.1billion in 2016 and is expected to grow at a CAGR of 3-4 percent to $158.1 billion in 2018
Equipment service market is highly fragmented, however for mining equipment the OEMs and its authorised dealers constitutes the majority of the market share followed by Global Distributors .North America, Australia are the major regions for mining services

mro-mining-global-market-size

The total global Heavy Machinery Equipment (HME) service market was valued at $31billion in 2016 with a forecasted growth of 3-4 percent CAGR to $33 billion in 2018
Equipment service market is highly fragmented, however for mining equipment the OEMs and its authorised dealers constitutes the majority of the market share followed by Global Distributors Key Takeaway

Global Maintenance Service Market Maturity

The repair and maintenance market is fragmented, since service portfolio of equipment service providers are not diversified covering all range of equipment categories
Maintenance services demand is not much affected by slowdown in mining industry and the falling commodity prices. To improve the equipment life and performance by reduced the down time, mining companies have to keep up the maintenance activities on

Global Market Overview for Mining Equipment

Global Mining Equipment market was worth $66.7 billion in 2014 and is expected to grow at a CAGR of 8.1 percent and reach $84.2 billion by the end of 2017. APAC accounted for over 59 percent of global mining equipment demand in 2014, and demand is expected to grow at an estimated CAGR of 8.42 percent during the forecast period
Surface mining equipment accounts for approximate 36 percent of the global mining equipment market and is expected to remain in the similar range (34 percent to 38 percent) until 2017.
Due to depleting ore grade in surface mines, global mining is witnessing an increasing shift towards underground mining. Demand for underground mining equipment is expected to grow at ~5 percent CAGR compared to that of surface mining equipment at 7.6 percent until 2017

Global Market Overview for Equipment Maintenance Services

Demand for the machinery maintenance and heavy equipment repair services industry is steadily recovering from severe losses during the recession in last decade
The equipment repair and maintenance service industry is extremely fragmented and competitive catering to a variety of industries with vast end- user segments and suppliers. Hence, it provides opportunities to lower costs in every market where a business operates
Service portfolio of equipment service providers are not diversified covering all range of equipment categories, mostly suppliers specialize in particular range of equipment
For mining sector OEMs have the major hold on the service market followed by the OEM authorized service providers and the third party vendors
The countries contributing to major demand are emerging market, such as Australia, China, India, Chile, Brazil, Ghana, Nigeria and other African continent due to increasing mining activities to support market demand
The aftermarket demand for mining equipment declined in North America and Europe with the after effects of the global recession while Asia witnessed steady increase in after market demand
Service providers are expected to involved in more mergers and acquisition to increase their geographical presence and further vertical integration in their operation