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Asia Pacific is expected to be the fastest growing region in the coming years, fueled by increasing mining production and related machinery sales in India, China and Indonesia

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Komatsu's construction hours data has been pretty mediocre, but fiscal first-quarter sales were strong and China may be about to stimulate the construction sector The mining recovery has more

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Asia Pacific is expected to be the fastest growing region in the coming years, fueled by increasing mining production and related machinery sales in India, China and Indonesia

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Global demand for machinery used in metals and minerals mining applications is projected to climb more than 5% annually during the 2017-2022 period, while sales of coal mining equipment are expected to grow just 2% per year because of a worldwide shift toward the use of natural gas and alternative fuels

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During 2013, Latin America produced approximately eight percent of the global demand of mining machinery, according to data from Future Market Insights, and its contribution towards global mining equipment sales was registered at 15 percent during that same year

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The world mining equipment market is broadly segmented into six sub segments mainly based on equipment types such as –crushing, pulverizing and screening equipment, mining drills and breakers, mineral processing machinery, underground mining machinery, surface mining equipment, and other mining equipment

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