Market Share of Asia Pacific Mining Equipment Industry
The Asia-Pacific Mining Equipment Market is fragmented, with many players vying for marker share. Some of the prominent companies in the Asia-Pacific Mining Equipment Market are Caterpillar Inc., Hitachi Ltd., JCB, SANY Heavy Equipment+ and others. Companies are investing heavily in research and development for the innovation of new and advanced products and technologies that may help for new technology. For instance, Caterpillar Introduces trolley assist system for electric drive mining trucks. This is a move towards government and activists' stringent norms against increasing pollution due to mining activities.
APAC Mining Equipment Market Leaders
-
Caterpillar Inc
-
Hitachi Ltd
-
AB Volvo
-
Liebherr Group
-
JCB
*Disclaimer: Major Players sorted in no particular order
