Coal Handling System Market: HELE Plants Gain Momentum, Creating Lucrative Avenues for Coal Handling System Manufacturers
March 11, 2019 by Steve Blade
Analysis of Fact.MR reveals that the demand for coal handling system is likely to translate into a significant sales volume surpassing 4,500 units by end of the year of assessment, projected to expand at a volume CAGR of 3.6 % during the 2018-2028 timeline.
The coal handling system market is expected to remain on a steady growth path throughout the period of assessment, according to a new Fact.MR study. The demand for coal handling system continues to remain influenced by increasing coal mining operations worldwide. In addition, surging use of coal in thermal power plants and coal-fired plants remain instrumental in driving worldwide sales of coal handling system.
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Coal Consumption continues to remain robust in power generation, characterized by their low price/calorific value, thereby sustaining sales of coal handling systems worldwide. Imperativeness of coal handling system in effective management of operations in power generation plants has spurred the emphasis of relevant industrialists on efficiency and emission control apropos of coal-based power.
The coal handling system market has been segmented on the basis of product type, end use and region. The coal handling system by product type is categorized into stacker, reclaimer, stacker cum reclaimer, conveyor, ship loader & unloader, wagon tippler and wagon unloader, ship loader and unloader, feeders and others. With respect to end use, the coal handling system market is segmented on the basis of coal mines, thermal power plants, sea ports and others. The coal handling system market is analyzed across regions of North America, Latin America, Europe, CIS & Russia, Japan, Asia Pacific excluding Japan (APEJ) and Middle East and Africa (MEA).
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Lucrativeness of Asia Pacific for Coal Handling System Sales Pervasive
The demand for coal handling system in the Asia Pacific region, particularly in the emerging economies such as China and India, is expected to be on an upswing on the back of growing port capacity expansions. For instance, existing coal handling operations at Mormugao Port are being pushed further enhancing the coal handling capacity of the port. Likewise, the expansion of Matarbari port is the offing. The coal terminal in Matarbari port would handle huge amounts of coal owing to growing coal-powered plants in Bangladesh. This factor continues to remain instrumental in driving the demand of coal handling system, enhancing the lucrativeness of the Asia Pacific region.
The report on coal handling system market includes detailed analysis on key players involved in the coal handling system manufacturing and distribution. The competitive landscape section of the report covers key facets such as SWOT analysis, coal handling system product portfolio analysis, key coal handling system developments, strategic alliances, strategies and financials. The coal handling system market report has profiled key companies such as Thyssenkrupp AG, Famur SA, FLSmidth Co., A/S and Metso Corporation.
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