The Mining Equipment Manufacturing industry in China mainly provides mine excavation equipment, underground transportation equipment and mineral washing and screening equipment to coal mines, nonferrous metal mines, ferrous metal mines, non-metallic mines and other mines.
As China's economy is heavily reliant on manufacturing and the energy sector, demand for natural resources drives the need for mining equipment. The industry has expanded rapidly in recent years due to very high domestic demand from China's Coal Mining (IBISWorld industry report 0610) and metal mining industries (0810, 0911, and 0916).
Enterprises within the Mining Equipment Manufacturing industry in China manufacture equipment used for mining metals, coal, petroleum, chemicals and building stone. These firms also manufacture specialized equipment used for screening, classification, separation, washing and rolling mine products, or similar processes in both underground and open-pit mines.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.