Mining Industry Business Outlook and Procurement Report May–October 2016

Pages: 49 Published: July 01, 2016 Report Code: KG6235PR-KL

Amid growing market uncertainty, falling demand, and pricing pressures, organizations within the mining industry are planning to increase focus on improving operational efficiency, expanding in current market, and strengthening company finances. Mergers and acquisitions are expected to increase within the mining industry with emerging markets such as South Africa, India, and China offering prominent growth opportunities. Over one-third of mining industry executives indicate average expenditure of less than US$1 million for cranes. Furthermore, coal mining and metal mining are identified as the highest revenue contributors for the mining industry in Latin America over the next four years.

Scope

• The top three key priorities as identified by respondents include improving operational efficiency, expand in current market, and stabilizing company finances

• Developed markets such as Australia, the US, and Canada are identified as important regions for growth over the next six months by mining respondents

• IT infrastructure development and new product development will record a significant increase or notable increase in capital expenditure over the next six months

• The highest percentage of executives with companies operating in Europe expect to spend on the procurement of services in 2017

• Overall, 60% of respondents highlight Latin America as the highest revenue contributing region for the mining equipment market in 2016.

Reasons to Buy

Highlights key business priorities thus helping mining companies to realign business strategy

Develop or adjust business expansion plans by knowing about significant growth offering emerging and developed markets

Make changes in procurement budget allocations through procurement budget projections anticipated by executives for May–October 2016

Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during May–October 2016

Enables organizations to make key decisions on purchase preferences and investments in mining equipment.

Key Players

De Beers Group
Vendanta
Hindustan Zinc
Adani Group
Westmoreland San Juan (WSJ)

Table of Contents

Introduction

• Definitions

• Methodology and sample size

• Respondent profile

Global Business Outlook

• Strategic business priorities

• Emerging markets with significant growth potential

• Growth potential for developed markets

• Mergers and acquisition

• Leading business concerns

• Capital expenditure projections

Procurement Budget, Expenditure Outlook, and High-yield Categories

• Purchase preferences for mining equipment

• Average expenditure per purchase

• Distribution of procurement budget between capital and operating expenditure

• Change in procurement budget expenditure

• Variation in mining equipment budget from 2015–2016 to 2016–2017

• Highest revenue contributing regions for mining equipment market, 2016–2020

• Leading mining applications, 2016–2020

• Top most mining equipment types, 2016–2020

Appendix

List of Tables

N/A

List of Figures

Figure 1: Organizations’ Top Priorities – Overall, May–Oct 2016

Figure 2: Organizations’ Top Priorities – By Region, May–Oct 2016

Figure 3: Organizations’ Top Priorities – By Company Types, May–Oct 2016

Figure 4: Emerging Market with Significant Growth Opportunities – Overall, May–Oct 2016

Figure 5: Top Five Emerging Market with Significant Growth Opportunities – By Region, May–Oct 2016

Figure 6: Top Five Emerging Market with Significant Growth Opportunities – By Company Types, May–Oct 2016

Figure 7: Developing Markets with Prominent Growth Prospects – Overall, May–Oct 2016

Figure 8: Top Five Developing Markets with Prominent Growth Prospects – By Region, May–Oct 2016

Figure 9: Top Five Developing Markets with Prominent Growth Prospects – By Company Types, May–Oct 2016

Figure 10: Change in Mergers and Acquisitions, Overall and Regional, May–Oct 2016

Figure 11: Change in Mergers and Acquisitions, By Company Types, May–Oct 2016

Figure 12: Major Concerns for Organizations – Overall, May–Oct 2016

Figure 13: Major Concerns for Organizations – By Region, May–Oct 2016

Figure 14: Major Concerns for Organizations – By Company Types, May–Oct 2016

Figure 15: Change in Capital Expenditure in Key Areas – Overall, May–Oct 2016

Figure 16: Change in Capital Expenditure in Key Areas – By Region, May–Oct 2016

Figure 17: Change in Capital Expenditure in Key Areas – By Company Types, May–Oct 2016

Figure 18: Purchase Preferences – By Region

Figure 19: Average Expenditure Per Purchase – Overall

Figure 20: Distribution of Procurement Budget – By Region

Figure 21: Change in Procurement Budget Expenditure – By Region

Figure 22: Change in Mining Equipment Budget – By Region

Figure 23: Highest Revenue Contributing Regions for Mining Equipment’s Market, 2016 – Overall

Figure 24: Highest Revenue Contributing Regions for Mining Equipment’s Market, 2020 – Overall

Figure 25: Highest Revenue Contributing Regions for Mining Equipment’s Market, 2016–2020 – By Company Types

Figure 26: Leading Mining Categories By Region, 2016 – A – Overall

Figure 27: Leading Mining Categories By Region, 2016 – B – Overall

Figure 28: Leading Mining Categories By Region, 2020 – A – Overall

Figure 29: Leading Mining Categories By Region, 2020 – B – Overall

Figure 30: Top Most Mining Equipment Types in North America, 2016 – Overall

Figure 31: Top Most Mining Equipment Types in Europe, 2016 – Overall

Figure 32: Top Most Mining Equipment Types in Asia-Pacific, 2016 – Overall

Figure 33: Top Most Mining Equipment Types in Middle East & Africa, 2016 – Overall

Figure 34: Top Most Mining Equipment Types in North America, 2020 – Overall

Figure 35: Top Most Mining Equipment Types in Europe, 2020 – Overall

Figure 36: Top Most Mining Equipment Types in Asia-Pacific, 2020 – Overall

Figure 37: Top Most Mining Equipment Types in Middle East & Africa, 2020 – Overall

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