New reports show next-level growth for Hydraulic Roof Supports market

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Hydraulic Roof Supports are the equipment that control the height of, and provide support to, the mine roof of the working face during the coal mining process, allowing armored-face conveyors and shearers to operate underneath.
Hydraulic Roof Supports market has been shrinking since 2012 because of the depression of coal industry. China is the biggest consumer market of hydraulic roof supports. With the success of China€™s economic transition Chinese market will recovery in 3 or 4 years. And emerging market such as India or Southeast Asia will grow. So we consider the hydraulic roof supports industry will recovery by 2019.
Hydraulic roof supports technology trends to high mining height mining and more shield support will be used in the further.
The price of steel won€™t change much higher in recent years so the cost will be stable. The high-end electro-hydraulic control system manufacturers are mostly German and American companies.

According to this study, over the next five years the Hydraulic Roof Supports market will register a 6.5% CAGR in terms of revenue, the global market size will reach US$ 3670 million by 2024, from US$ 2680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydraulic Roof Supports business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Roof Supports market by product type, application, key manufacturers and key regions and countries.

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This study considers the Hydraulic Roof Supports value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Chock Support
Shield Support
Chock Shield Support
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
High Mining Height Mining
Top Coal Caving Mining
Fully Mechanized Mining

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Joy Global
Becker Mining
Tiandi Science & Technology
Zhengzhou Coal Mining Machinery
Beijing Coal Mining Machinery
Pingdingshan PMJ Coal Mine Machinery
Chongqing Dajiang XinDa
Shanxi Pingyang Industry Machinery
Tiansheng Coal Mine Equipment
Shandong Mining Machinery

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Hydraulic Roof Supports consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hydraulic Roof Supports market by identifying its various subsegments.
Focuses on the key global Hydraulic Roof Supports manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydraulic Roof Supports with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hydraulic Roof Supports submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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