Automotive and Transportation Mining Remanufacturing Components Market

The Mining Remanufacturing Components Market is projected to grow at a 2.83% rate during the forecast period. The mining remanufacturing components are driven primarily by the growing mining equipment park & equipment working hours and lower cost of remanufactured mining components as compared with OEM products.Hydraulic cylinder is expected to be the largest market, by components, during the forecast period. The major driving factor for global market is cost. A remanufactured component can cost 25-35% lower than a new one and has similar performance. This reduces the lead time and increases the operational efficiency of the equipment.

The demand for remanufactured components is projected to be highest in hydraulic excavators over the forecast period. The hydraulic excavator is a heavy mining equipment which is used to dig out soil from the ground or to move large objects. It tremendously enhances the productivity of any mining work.

Coal mining remanufacturing components market is estimated to be the largest market. The count of mining equipment used in the coal industry is more in comparison to metal and mineral industry. According to the World Coal Association, 7,269 MT hard coal and 787 MT lignite coals are produced globally with Asia Oceania holding the largest share in 2017.

The Americas is expected to account for the largest market share during the forecast period. A positive measure adopted by the US, such as low-interest rates and increasing demand for commodities has boosted investment in the mining industry. The growth is attributed to the presence of large deposits of gold, iron, coal, copper, crushed rocks, zinc-lead, and rare earth materials in this region.

Key Market Players include Caterpillar (US), Komatsu (Japan), Hitachi Construction Machinery (Japan), Liebherr (Switzerland), Epiroc (Sweden), Atlas Copco (Sweden), JCB (UK), Volvo Construction Equipment (Sweden), SRC Holdings Corporation (US), and Swanson Industries (US).

Key Questions addressed by the report

  • What would be the regional demand for remanufactured components in the mining industry during the next seven years?
  • Existing and upcoming market trends in remanufactured components demand by equipment type next few years?
  • What would be the Industry-wise demand for remanufactured components in mining equipment in coming years?
  • Insights about trends in average working hours of mining equipment; and hence, average life of component replacement.
  • Future electrification trends in the mining equipment industry, and how would it impact the remanufactured components market in the coming years?
  • Competitive leadership mapping of key players represented in a four-quadrant box representing the visionary leaders as well as dynamic differentiators.

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Lower Cost of Remanufactured Mining Component
  15. Inventory Issues With OEMs for Mining Equipment
  16. Challenges
  17. Rising Development of Electric Mining Equipment
  18. Growing Presence of Local Players
  19. Opportunities
  20. Growing Demand for Metals and Commodities Around the Globe
  21. Executive Summary
  22. Mining Remanufacturing Components Market, By Component
  23. Engine
  24. Hydraulic Cylinder
  25. Axle
  26. Differential
  27. Transmission
  28. Torque Convertor
  29. Final Drive
  30. Mining Remanufacturing Components Market, By Industry
  31. Coal
  32. Metal
  33. Other Minerals
  34. Mining Remanufacturing Components Market, By Equipment
  35. Hydraulic Excavator
  36. Mine/Haul Truck
  37. Wheel Loader
  38. Wheel Dozer
  39. Crawler Dozers
  40. Mining Remanufacturing Components Market, By Region
  41. Asia Oceania
  42. Australia
  43. China
  44. India
  45. Japan
  46. Europe
  47. France
  48. Germany
  49. Spain
  50. UK
  51. Italy
  52. Russia
  53. Americas
  54. US
  55. Mexico
  56. Canada
  57. Argentina
  58. Peru
  59. Chile
  60. Company Profiles
  61. Caterpillar
  62. Liebherr
  63. Hitachi Construction Machinery
  64. Komatsu
  65. Epiroc
  66. Atlas Copco
  67. JCB
  68. VOLVO Construction Equipment
  69. SRC Holdings Corporation
  70. Swanson Industries
  71. John Deere
  72. Brake Supply
  73. Axletech
  74. Cardinal Mining Equipment
  75. Detroit Reman

*Company introduction, financial information, recent developments, SWOT analysis

  1. Conclusion and Recommendations
  2. Appendix
  3. About
  4. Related Reports
  5. Glossary

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