Mining Tools Market by Manufacturers, Regions, Type and Application, Forecast to 2023

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Mining tools is the hand tools that used in mining industry. The tools mainly used for the maintenance of machinery and equipment.

 

Scope of the Report:
This report focuses on the Mining Tools in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The Major regions to produce mining tools are United States, Europe and China, which accounting for more than 81.7% of production value in total. China is the largest production region (production value share 32.49%).

 

The market is supplied by a combination of large multinational firms and smaller local companies. The largest producer is Apex Tool Group, accounting for 15.9% market share in value in 2015?followed by Stanly Black &Decker, Snap on, Irwin and Westward. The industry competitive landscape is relatively stable. These companies tend to compete against each other globally to supply most of the largest mining tools markets. These leading global firms also face competition from local players.

 

The market scale will keeps increasing in the next few years. Although sales of mining tools brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the mining tools field.

The worldwide market for Mining Tools is expected to grow at a CAGR of roughly 1.6% over the next five years, will reach 190 million US$ in 2023, from 170 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
Apex Tool Group
Stanly Black &Decker
Snap on
Irwin
Westward
Klein tools
Cementex Products
SK HAND TOOL
Martin Sprocket & Gear
Yato
TRUSCO
Picard
Jetech
Estwing
Wilton
Peddinghaus
Thor

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Tool Kit
Single Tools

Market Segment by Applications, can be divided into
Underground Mining
Opencast Mining

There are 15 Chapters to deeply display the global Mining Tools market.
Chapter 1, to describe Mining Tools Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Mining Tools, with sales, revenue, and price of Mining Tools, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Mining Tools, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Mining Tools market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Mining Tools sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

 

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