Research and Markets: Mining Ventilation System Market in China 2015-2019: Increased Demand from the Cement Industry Predominantly Drives the Market
June 19, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/pmshtz/mining) has announced the addition of the “Mining Ventilation System Market in China 2015-2019” report to their offering.
The analysts forecast the Mining Ventilation System market in China to grow at a CAGR of 12.06 percent over the period 2014-2019.
Key Vendors
– Hubei Pingan Electric Material
– Shanxi Coal Ke Wan Yu Fan
– Zibo Fan
Other Prominent Vendors
– Liang Herng Elec Mach
– Shandong China Coal Industrial & Mining Supplies
– Shenzhen Ambeyond Technology
Commenting on the report, an analyst from the author’s team said: Ventilation on demand is one of the key trends emerging in this market. This provides a complete solution for reducing the usage of energy by operating the ventilation system based on peak and non-peak hours.
As the production of cement depends on coal, a rise in the demand for cement increases the demand for coal. Consequently, new mines are being explored, which will drive the market for ventilation systems.
Further, the report states that one of the major challenges faced by the market is the low requirement for replacements. The growth of mining ventilation depends on the opening of new mines. Obtaining government approvals for new mining projects owing to environmental concerns poses a challenge to market growth.
For more information visit http://www.researchandmarkets.com/research/pmshtz/mining
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Sector: Mining, HVAC, Mining Equipment
