Latin America Mining Equipments Market

Latin America Mining Equipments Market The key reason which has accelerated the growth of the Latin American mining equipment market is the enhanced demand for the consumption of natural resources. Presently, the region produces about 45% of the global copper, 21% of the global zinc, 50% of the global silver and 26% of the global molybdenum production. In addition, foreign investment, especially from China, US, Canada and Australia, plays a significant role in the growth of the Latin American mining equipment market. Further, other operations such as the Panama Stock Operation (PSO), CSR activities, and introduction of next generation mining equipment such as Autonomous Haulage System (AHS) also serve as driving factors for the growth of the mining equipment market in Latin America. Among these, CSR activities primarily focus on rehabilitation and support programmes, promotion of healthy lifestyle and awareness programmes for the adoption of green technology. However, in the past few years, the mining industry and hence the mining equipment industry has been facing an economic crisis on account of the requirement for budget allocation in the maintenance of the mining industry and equipment, etc.

More information

Managed File Transfer (MFT) Software and Service Market, 2015 to 2025

Managed File Transfer (MFT) Software and Service Market, 2015 to 2025 The global MFT software and service market is sub-segmented on the basis of verticals into Banking, Financial Service & Insurance (BFSI), media & entertainment, retail, manufacturing, telecommunication, and others (government, energy & utility, and marketing & advertising). Currently, demand for MFT software and services in the banking, financial service & insurance sub-segment is significantly high as compared to other sub-segments of the vertical segment. This sub-segment is estimated to account for 21.50% value share of the overall vertical segment by the end of 2025.

More information