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AI, Machine Learning and Use of Drones is Driving Growth

Monday, May 25th, 2020

The mining ventilation systems market is poised to grow by $ 81.73 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. This report on the mining ventilation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as key vendor analysis.

The market is driven by the growing demand for safety in underground mining and demand for minerals. In addition, increasing demand for precious metals is anticipated to boost the growth of the market as well. This study identifies technological advances as one of the prime reasons driving the mining ventilation systems market growth during the next few years. Also, the growing adoption of AI and machine learning and increasing use of drones will lead to sizable demand in the market.

The mining ventilation systems market analysis includes product segment and geographic landscapes

The mining ventilation systems market covers the following areas:

  • Mining ventilation systems market sizing
  • Mining ventilation systems market forecast
  • Mining ventilation systems market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mining ventilation systems market vendors that include ABB Ltd., ABC Canada Technology Group Ltd., ABC Industries Inc., Epiroc AB, Howden Group Ltd., New York Blower Co., Sibenergomash-BKZ LLC, Stantec Inc., TLT-Turbo GmbH, and Zitron SA. Also, the mining ventilation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

This study presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary.

The market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

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