Mining Locomotive Market Progresses for Huge Profits During 2018 – 2028

Press Release

Mining Locomotive Market: Restraint

However, stringent emission norms related with increase in pollutions would restraint the demand for diesel mining locomotive market. For instance, the U.S. MSHA (Mine Safety and Health Administration) broadcast rules setting compliance standards for both underground metal / nonmetal and coal workers. As industry works to achieve compliance with these standards, mine operators are looking for feasible methods for reducing DPM (Diesel Particulate Matter) concentrations in their mines.

Moreover, nowadays vehicle based mining equipment are able to perform more efficiently and could go beyond to the difficult areas where earlier it was not possible for them to reach. As these equipment are able to crush and simultaneously processed the material inside the site therefore, it will in near future will substitute the demand for mining locomotive market.

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Mining Locomotive Market: Trend

Now a days, unmanned electric locomotives is a trending opportunity for the manufacturers. As safety has become a major issues related with underground mining workers. Most of the underground mining sites are adopting this technology to sustain their market share for mining locomotive market. For instance (in February 2017), China ENFI signed a contract with NFCA Mining for the Chambishi Main & West Ore Body 500m Unmanned Electric Locomotive Transportation Project in Zambia. These locomotives are applicable to all underground mines, especially those with such special conditions as flooding, high rock-burst and high altitude. Moreover, unmanned locomotive transportation electronic control system is applicable to such complex working conditions as multi-column marshalling, single or dual-locomotive traction and bends & turnout.

Mining Locomotive Market: Regional Outlook

In terms of commodity, large tonnage hard rock mines (mainly gold, nickel, copper) and mines of coal dominate the use of underground rail in mining; with Central and South America, Canada, China and South Africa probably the major regions applying rail solutions. The Europe region will also register rapid growth due to the discoveries of new deposits & minerals in the region. Also, MEA is also projected to witness a steady growth rate over the forecast period.

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Mining Locomotive Market: Market Participants

Examples of some of the market participants/vendors identified in the Mining Locomotive Market across the globe are: Irwin Car and Equipment, CSR Corporation (China), Alstom SA (France), Siemens AG (Germany), Xiangtan Electric Locomotive Factory, Baoji China Railway Construction Machinery, Brookville, Trident, Mining Equipment Ltd. (MEL), AEG Power Solutions (Germany), Hitachi Ltd. (Japan), Bombardier Transportation (Canada), Jining Enwei Intelligent Technology Co. Ltd. 

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on: Market Segments of Mining Locomotive Market Dynamics of Mining Locomotive Market Size of Mining Locomotive Supply & Demand of Mining Locomotive Current Trends/Issues/Challenges of Mining Locomotive Competition & Companies involved of Mining Locomotive Technology of Mining Locomotive Value Chain of Mining Locomotive

Regional analysis includes: North America (U.S., Canada) Latin America (Mexico, Brazil) Western Europe (Germany, Italy, France, U.K, Spain) Eastern Europe (Poland, Russia) Asia Pacific (China, India, ASEAN, Australia & New Zealand) Japan Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Mining Locomotive report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Mining Locomotive provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Mining Locomotive also maps the qualitative impact of various market factors on market segments and geographies.

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This post was originally published on Analytics News