Mining support activities comprises establishments primarily engaged in performing support activities on a contract or fee basis for coal, metal and nonmetallic mineral (except fuels) mining. Mineral exploration is the method of finding commercially feasible concentrations of minerals to mine.
The top five companies covered are CIMIC Group Limited, PT United Tractors Tbk, Downer EDI Mining-Blasting Services Pty Ltd., Barminco Ltd and Boart Longyear Ltd. CIMIC Group Limited was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Support Activities for Mining Global Market Size
The global support activities for mining market was valued at around $178 billion in 2017. Asia Pacific was the largest region in the support activities for mining market in 2017, accounting for around 35% market share. The USA was the largest country accounting for around 19% market share.
Support Activities for Mining Global Market Trend
GIS technology is increasingly being used by mining companies to monitor critical factors such as sustainability, geological composition and compliance. GIS systems capture, record, evaluate and present spatial or geographic data. GIS integrates exploration datasets such as geophysical images, geochemistry, geologic maps, radiometric surveys, boreholes, and mineral deposits leading to efficient discovery of new mineral deposits. This technology also provides 3D visualization tools as it integrates data from various data sources.
Support Activities for Mining Global Market Segmentation
The support activities for mining market is segmented into support activities for coal mining, support activities for metal mining and support activities for nonmetallic minerals mining
Support activities for coal mining include companies providing support activities for coal mining (except site preparation and related construction activities) on a contract or fee basis.
Support activities for metal mining comprise establishments providing support activities (except site preparation and related construction activities) on a contract or fee basis for mining and quarrying of metallic minerals and for extraction of metal ores.
Support activities for nonmetallic minerals mining include companies providing support activities on a fee or contract basis for the mining and quarrying of nonmetallic minerals (except fuel) and for the extraction of nonmetallic minerals (except site preparation and related construction activities).