Longwall Systems Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition, and Forecasts 2022 to 2030
The Longwall Systems Market will reach USD 1.8 Billion by 2018 and is projected to register a CAGR of 4.2% over the forecast period.
Longwall Systems Market Overview
Longwall systems are continuous mining systems used in underground coal mines. The longwall system consists of a large, heavy machine cutting the coal face and a series of conveyor belts that move the coal out of the mine. This is useful for large coal mines where large quantities of coal need to be extracted quickly and efficiently. The Longwall Systems is a large, powerful machine used to cut coal from the walls of coal mines. A shearer has several rotating drums or blades that can quickly cut the coal, making it much easier and faster for miners to extract coal from the mine. Longwall shears are often used in conjunction with other mining equipment such as continuous miners and roof bolters. A barrier shear is a large coal cutter used in barrier mining operations. Longwall mining is a type of underground coal mining in which a long wall of coal, usually 0.61 to 2 meters thick, is mined in a single piece.
Contrive Datum Insights has recently published the Longwall Systems Market to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static and dynamic aspects of the global Longwall Systems market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Caterpillar, ThyssenKrupp, Hitachi Construction Machinery, Komatsu (Joy Global), Metso, Volvo, ZMJ, Atlas Copco, Sandvik, Liebherr-International, FLSmidth, Doosan Infracore, China Coal Group, and others.
What are the major Applications, Types, and Regions for the Longwall Systems Market?
On the Basis of Type:
- Double-Ended Ranging Drum Shearer, Single-Ended Ranging Drum Shearer, Single-Ended Fixed Drum Shearer, Three-Drum Shearer
On the Basis of Application:
- Coal Mining, Metal Mining, Mineral Mining
Longwall Systems Market Regional Insights:
The Asia Pacific region dominated the sales of longwall systems in 2015 and is expected to continue to do so during the forecast period. The region accounted for more than 45% share of the total market revenue in 2015 owing to the large-scale adoption of longwall mining in China, Australia, India, and South Africa. Moreover, rising demand for steel from developing economies such as China and India is expected to drive growth in the region over the next seven years. North America is the dominant market for barrier shears and is expected to hold a major share of the global market during the forecast period. Asia Pacific is estimated to be the fastest-growing market for barrier shears. Latin America is expected to grow at a moderate rate during the forecast period. The Middle East & Africa market is expected to register a moderate growth rate over the forecast period. Europe is expected to be the second-largest market for barrier shears.
Geographically, the global Longwall Systems market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Longwall Systems Market Report Scope:
CAGR of 4.2% from 2022 to 2030.
Double-Ended Ranging Drum Shearer, Single-Ended Ranging Drum Shearer, Single-Ended Fixed Drum Shearer, Three-Drum Shearer
Coal Mining, Metal Mining, Mineral Mining
Caterpillar, ThyssenKrupp, Hitachi Construction Machinery, Komatsu (Joy Global), Metso, Volvo, ZMJ, Atlas Copco, Sandvik, Liebherr-International, FLSmidth, Doosan Infracore, China Coal Group
Regions and Countries Covered
2017 to 2022
2023 to 2030
Frequently Asked Questions (FAQ) about the Longwall Systems market:
What is the CAGR of the global Longwall Systems market?
The Longwall Systems Market is growing at a CAGR of 4.2% during the forecast period.
Which region would offer high growth for vendors in the Longwall Systems market?
Asia-Pacific is the largest market for Longwall Systems Market.
Which Is the Most potential market segment?
By Types- Double-Ended Ranging Drum Shearer, Single-Ended Ranging Drum Shearer, Single-Ended Fixed Drum Shearer, Three-Drum Shearer
By Applications - Coal Mining, Metal Mining, Mineral Mining
Which are the top industry players in the Longwall Systems market?
Caterpillar, ThyssenKrupp, Hitachi Construction Machinery, Komatsu (Joy Global), Metso, Volvo, ZMJ, Atlas Copco, Sandvik, Liebherr-International, FLSmidth, Doosan Infracore, China Coal GroupAll of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.