Market Analysis and Forecast Loading & Haulage Equipment – June 2017
Parker Bay recently complete an extensive update of our report entitled “Market Analysis & Forecast: Loading & Haulage Equipment”. This report is an update to the extensive analysis and report completed by Parker Bay in late 2015, but there have been significant changes based on events that have transpired both across the mining markets and within these equipment sectors. It incorporates full-year 2016 data and an extensive evaluation of industry events through June 2017 (but not shipments data for the first half of the year). Underlying the overall market direction are some significant changes for geographic and mineral markets that are still evolving. The analysis points to some very substantial gains especially percentage-wise over the next few years. But these need to be considered in context of the severe contraction and extremely depressed levels that developed through mid-2016. Even after five years of substantial increases that we’ve projected, the industry will be well below the levels achieved at the 2012 peak.