Roof Bolters: Global Market Size & Share, Application Analysis, Growth Trends, Key Players, and Competitive Strategies - Forecast to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 5, 2019--The “Global Roof Bolters Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.
The global market for roof bolters is expected to cross US$ 3,750 Mn in 2026 at a CAGR of 4.2% throughout the forecast period from 2018 to 2026.
The global market for roof bolters is expected to witness considerable growth with steady retrieval in the mining activities due to improving economic conditions and continuing recovery in commodity prices. In addition, an increasing number of tunnel project across the globe is also expected to spur the demand for roof bolters market. Moreover, an introduction of stringent safety regulations in mining and tunneling projects.
Track mounted roof bolters is the largest product and expected to remain the largest product category throughout the forecast period. This segment also expected to be the most attractive product type category with continuous automation of mining activities particularly in emerging markets in Asia Pacific, Africa, and Latin America.
Mine operators are increasingly investing in advance machinery in order to automate mining operation and meet mandatory health and safety guidelines introduced by governments in respective countries. At present, single boom roof bolters are the dominant product category in the track mounted roof bolters. However, dual boom roof bolters are expected to witness considerable growth with the rising need for enhanced productivity levels.
Mining is the largest application segment for roof bolters. Increasing demand for commodity products motivating mine operators to increase their productivity by investing in advance mining equipment. This is driving the demand for track mounted roof bolters in the near future. Tunneling is the most attractive segment for roof bolters as countries across the world are investing a significant amount in road, highway and underground rail projects.
In 2017, North America accounted for the largest revenue share in the global roof bolters market by region. The Asia Pacific is expected to witness considerable growth throughout the forecast period with growing mining projects and underground rail and power plant projects in the region. Moreover, Latin America and Africa also projected witness significant growth with growing mining operations in these regions.
The global mining equipment industry is highly competitive and dominated by recognized players in the market. Roof bolters manufacturers are looking forward to introducing advance solutions which enhances mining speed and meet mine safety regulations. Some major players in the global roof bolters market include Komatsu Ltd, Caterpillar Inc., Atlas Copco AB, Sandvik AB, MacLean Engineering, Eaton Corp, J.H. Fletcher & Co, Quarry Mining, Rambor, and others.
Key Topics Covered
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Roof Bolters Market
2.2 Global Roof Bolters Market, By Type
2.3 Global Roof Bolters Market, By End-use Application
2.4 Global Roof Bolters Market, By Geography
Chapter 3 Market Dynamics
3.1 Product and Market Insights
3.1.1 Global Roof Bolters Market Value, 2016 - 2026, (US$ Mn) (Y-o-Y %)
3.2 Key Trends Analysis
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Attractive Investment Proposition
3.7 Competitive Analysis
3.7.1 Market Positioning of Key Vendors
Chapter 4 Global Roof Bolters Market Analysis, By Type
4.1 Market Analysis
4.2 Hand Held Roof Bolters
4.2.1 Global Hand Held Roof Bolters Market Value, 2016 - 2026, (US$ Mn)
4.3 Track Carried Roof Bolters
4.3.1 Global Track Carried Roof Bolters Market Value, 2016 - 2026, (US$ Mn)
22.214.171.124 Single Boom
126.96.36.199 Dual Boom
Chapter 5 Global Roof Bolters Market, By End-use Application
5.1 Market Analysis
5.2.1 Global Roof Bolters Market for Mines Value, 2016 - 2026, (US$ Mn)
5.3.1 Global Roof Bolters Market for Tunnels, Value, 2016 - 2026, (US$ Mn)
5.4 Underground Power Plants
5.4.1 Global Roof Bolters Market for Underground Power Plants, Value, 2016 - 2026, (US$ Mn)
5.5 Storage Facilities
5.5.1 Global Roof Bolters Market for Storage Facilities, 2016 - 2026, (US$ Mn)
Chapter 6 North America Roof Bolters Market Analysis
Chapter 7 Europe Roof Bolters Market Analysis
Chapter 8 Asia Pacific Roof Bolters Market Analysis
Chapter 9 Rest of the World Roof Bolters Market Analysis
Chapter 10 Company Profiles
10.1 Komatsu Ltd.
10.2 Caterpillar Inc.
10.3 Atlas Copco AB
10.4 Sandvik AB
10.5 MacLean Engineering
10.6 Eaton Corp.
10.7 J.H. Fletcher & Co.
10.8 Quarry Mining
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Related Topics:Mining Equipment
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 04/05/2019 08:15 AM/DISC: 04/05/2019 08:15 AM