Coal Market Demand, Growth Supply, Latest Rising Trends Forecast To 2025
The Coal Global Market Report 2020-30 by The Business Research Company describes and explains the global coal market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Coal Global Market Opportunities And Strategies Report covers coal market drivers, coal market trends, coal market segments, coal market growth rate, coal market major players, and coal market size.
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The coal market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Coal Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Employing Autonomous Vehicles In Underground Mining-
Coal mining companies are using autonomous mining vehicles and mobile equipment management systems with capabilities for fleet tracking, proximity detection, and remote machine operation to enhance productivity. Autonomous machines have better fuel efficiency, productivity, vehicle durability, and overall machine performance than manually operated machines. For instance, for improved safety in underground mining operations, Caterpillar has developed semi-autonomous LHDs at Newmont mine in Nevada. Caterpillar has a fully autonomous fleet of mining trucks operating at two mines in Western Australia. Autonomous trucks operation in mines operated by Rio Tinto increased productivity by 12% and reduced load and haul costs by 13%. Following the trend, in June 2020, Sany Heavy Industry Co., Ltd., a Chinese multinational heavy equipment manufacturing company, launched two SKT90E wide-body, fully autonomous mining trucks for mining sites in China. The trucks can independently complete route-tracking, load and unload of materials, and parking.
Use Of 3D Mine Visualizers-
Coal mining companies are using 3D mine visualizers to obtain a real-time digital model of a mine. A 3D mine visualizer generates a three-dimensional model of the mine layout and transfers it directly to the operator. With a web-based interface, information about the model is available with any connected device. It offers full record and playback capabilities in 3D allowing operators to review and analyze historical data to improve productivity and identify best practices. 3D mine visualizers significantly enhance the productivity of large mining environments. It is a valuable tool in operations planning, analyzing problematic areas and tracking mine development over time. Companies such as Sandvik and Komatsu are offering 3D visualizer systems. Following the trend, in 2018, Maptek, an Australia based mining technology provider, collaborated with LlamaZOO to launch advanced data visualization in 3D for mining customers. The 3D visualization enables users to monitor operation from source to port or facility through a spatial data in high resolution 3D, and create hypothetical scenarios with 360-degree images and export these to other more traditional media access points such as web. LlamaZOO is a Columbia based software company that develops 3D data visualization solutions for companies in mining, oil and gas, and others.
The market is segmented:
1. Bituminous Coal
2. Sub-Bituminous Coal
By End-User –
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