Mining Equipment Market Sizing And Forecasting

The client was manufacturing a new telescopic handler and wanted to understand the market for their tyre-handler attachment. They want the current and forecasted volumes.

Our Solution

We estimated the population of tyred equipment based on the mining assets database. This was done based on an internally developed model that takes into account mining shifts, asset class and cycle time including loading, unloading, hauling time amongst other times to estimate the requirement. The estimation can be done both for Run-of-mine (ROM) and Over burden (OB).

Outcome

  • GlobalData’s Proprietary Mining Equipment Predictor Model helps clients estimate the volume of mining equipment by country.
  • By Type (Trucks, Loaders, Excavators/Shovels, Chain & Wheel Dozers and Motor Graders).
  • By Size/Class ( e.g. Truck Payload: 400 ton, 200 ton, 100 ton, 40 ton etc).

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