Mining Locomotive Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2028

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Mining Locomotive Market: Driver

New discovery of the underground mines is one of the key factors which are driving the growth of the mining locomotive market in developing countries. Furthermore, rise in demand for natural resources (such as coal, metals) will likely to spur the demand of the underground mines that in turn increase the demand for mining locomotive market. Also, high loading capacity of these locomotive would drive the demand for mining locomotive market

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.

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.

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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.

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)

Mining Locomotive Market: Segmentation

On the basis of application

[*]Underground Mining
[*]Open-Cast Mining

On the basis of gauge type

[*]Narrow Gauge
[*]Standard Gauge

On the basis of locomotive type

[*]Steam Mining Locomotive
[*]Electric Mining Locomotive
[*]Diesel Mining Locomotive

On the basis of material

[*]Coal
[*]Copper
[*]Gold
[*]Nickel

On the basis of capacity

[*]Less than 20 tons
[*]20 tons to 40 tons
[*]More than 40 tons

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Report Highlights:

[*]Detailed overview of parent market
[*]Changing market dynamics in the industry
[*]In-depth market segmentation
[*]Historical, current, and projected market size in terms of volume and value
[*]Recent industry trends and developments
[*]Competitive landscape
[*]Strategies of key players and products offered
[*]Potential and niche segments, geographical regions exhibiting promising growth
[*]A neutral perspective on market performance

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