Mining Equipment Industry – South Africa Market Data

Date: 2015-08

“• According to Kable sources, the global mining equipment industry in 2017 is estimated to increase at an annual growth rate of over 8.5%. South Africa’s growth is forecasted to reach US$460 million by 2017 with a CAGR over 5.5%.

• Backhoe Loaders remain the major mining equipment in the review period.

• Metal mining will continue as the largest market activity in South Africa, while coal mining leads gains.

• According to Kable sources, South Africa is the largest producer of platinum with the production estimated to reach 147 tons by 2018.”

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