Mining Machinery Market Size, Share, Trend, Forecast, & Growth Analysis – 2022-2028

December 12, 2022/Industry News Global/ -- This new report from Stratview Research analyses the Mining Machinery Market over the trend period from 2016 to 2020 and the forecast period from 2022 to 2028. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Mining Machinery Market Overview:
The Global Mining Machinery Market was estimated at USD 29.2 Billion in 2021 and is likely to grow at a CAGR of 4.48 % during 2022-2028 to reach USD 39.86 Billion in 2028.
Drivers
• The surge in demand for metals and electric mining machinery is expected to drive the market.
• Increasing infrastructure development and construction activities in emerging economies are expected to drive market growth during the forecast period.
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By Category Type:
• Crushing, Pulverizing, and Screening Machinery
• Mineral Processing Machinery
• Surface Mining Machinery
• Type Analysis: Articulated Dump Trucks, Crawler Dozers, Crawler Excavators, Motor Graders, and Rigid Dump Trucks
• Underground Mining Machinery
• Type Analysis: Drills, Electric Shovels, Hydraulic Excavators, Mining Dozers, Mining Trucks, and Wheeled Loaders
By Propulsion Type:
• Diesel
• CNG/LNG/RNG
By Power Output Type:
• Less than 500 HP
• 500-2,000 HP
• More than 2,000 HP
By Autonomous Mining Machinery-Mining Category Type:
• Surface Mining
• Underground Mining
By Electric Mining Machinery Type:
• Mining Truck
• Load-Haul-Dump Loaders
By Electric Mining Machinery-Battery Type:
• Lithium-ion
• Lead-acid
• Others
By Application Type:
• Mineral
• Metal
• Coal
By Region:
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and the Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and the Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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Contact:
Stratview Research
E-mail: [e-mail]
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Variable Air Volume Box Market Set to Experience Phenomenal Growth from 2022 to 2028

December 12, 2022/Industry News Global/ -- This new report from Stratview Research analyses the Variable Air Volume Box Market over the trend period from 2016 to 2020 and the forecast period from 2022 to 2028. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Variable Air Volume Box Market Overview:
The Variable Air Volume Box Market was valued at USD 5.1 Billion in 2021 and is likely to grow at a CAGR of 6.06% from 2022-2028 to reach USD 7.73 Billion in 2028.
Drivers
The major factor contributing to the demand for variable air volume boxes is the growing construction activities in the developing countries of APAC.
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By Type
The market is segmented as single-duct VAV, dual-duct VAV, induction VAV, and fan-powered VAV. The single-duct VAV segment held the largest share of the market in 2021 and is expected to remain dominant during the forecast period. The extensive use of single-duct VAV for energy efficiency applications in various applications and its properties such as cost-effectiveness and the ability to control zone temperature by volumetric flow of air is the key driver for its dominance.
By Application Type
The variable air volume box market is segmented into residential buildings, industrial buildings, and commercial buildings. The commercial building application dominates the market as the use of variable air volume boxes in large offices, shopping malls, hospitals, and hotels, among others including mega structures, conventions centers, and shopping malls, and usage of the VAV box with a VAV system ensure the energy efficiency of the overall system, which is propelling the growth of the segment during the forecast period.
By Region
North America is estimated to be the largest market for variable air volume boxes during the forecast period, with the US, Canada, and Mexico being the major countries with lucrative growth opportunities. The growth of the market is driven by the growth of healthcare and construction activities, owing to the increasing aging population in North America, which is also expected to drive the overall construction industry. Increasing spending on infrastructure development is also expected to offer substantial growth opportunities during the forecast period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
For enquiries,
Contact:
Stratview Research
E-mail: [e-mail]
Direct: [phone]