2014-2018 Mining and Construction Forecast Released

ReportsNReports, a company that provides industry specific reports to assist individuals and organizations improve their decision making process, recently released their comprehensive Construction and Mining Machinery Markets in the World to 2018 – Market Size, Trends, and Forecasts report.

Mining World wrote up a summary of the report. The summary included the background information, parameters of the research, and some highlights of the predictions without the detailed analysis to support the conclusions.

The report summed up activity in the two markets between 2007 and 2013 concluding that the market increased with an average annual growth of 10.5%.

The report also had an extensive forecast of trends and market size through the year 2018.

The forecasts predicted a climb of 9.3% per year in the mining and construction equipment sector.

Market specific analysis was provided for several countries. The full list included:

Argentina, Armenia, Australia, Austria, Azerbaijan, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, South Africa, South Korea, Spain, Sudan, Sweden, Thailand, Turkey, Ukraine, the UK, the US and Vietnam.

Out of these countries Australia, Canada, China, Japan, and the U.S. represent the largest existing markets, while Greece, Latvia, Portugal, Ireland, and Turkey were predicted to experience the largest annual growth.

As a whole the global market is expected to see steady annual growth in both the mining and construction industries.

The whole report is available here for the price of US $4,844.

According to the ReportsNReports website buying the actual report will provide a detailed answer to pertinent questions such as:

  • What is the current size of the construction and mining in different American countries?

  • How is the construction and mining machinery market divided in different machinery types?

  • How are the overall market and different machinery types growing?

  • How is the market predicted to develop in the future?

  • What is the market potential compared to other countries?

The website also lists a couple additional reasons to make the purchase including:

  • Gain an outlook of the historic development, current market situation, trends, and future outlook of the construction and mining machinery market in different American countries to 2018

  • Track industry trends and identify market opportunities

  • Plan and develop marketing, market-entry, market expansion, and other business strategies by identifying the key market trends and prospects

  • Save time and money with the readily accessible key market data included in the report. The market data is clearly presented and can be easily incorporated into presentations, internal reports, etc.