《Industry Report - Global Mining Equipment.pdf》由会员分享，可在线阅读，更多相关《Industry Report - Global Mining Equipment.pdf（33页珍藏版）》请在三一文库上搜索。
1、 Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 1 MarketLine Industry Profile Global Mining Equipment May 2013 Reference Code: 0199-2613 Publication Date: May 2013 WWW.MARKETLINE.COM MARKETLINE. THIS PROFILE IS A LICENSE
2、D PRODUCT AND IS NO T TO BE PHOTOCO PIED Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 2 EXECUTIVE SUMMARY Market value The global mining equipment market grew by 9.2% in 2012 to reach a value of $53,617.7 million. Mark
3、et value forecast In 2017, the global mining equipment market is forecast to have a value of $93,891.8 million, an increase of 75.1% since 2012. Geography segmentation Asia-Pacific accounts for 63% of the global mining equipment market value. Market rivalry Rivalry in the global mining equipment mar
4、ket is moderate and dictated by a small number of large multinational players battling for market share. Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 3 TABLE OF CONTENTS Executive Summary2 Market value 2 Market value f
5、orecast.2 Geography segmentation 2 Market rivalry .2 Market Overview .6 Market definition6 Market analysis .6 Market Data7 Market value 7 Market Segmentation .8 Geography segmentation 8 Market Outlook 9 Market value forecast.9 Five Forces Analysis 10 Summary 10 Buyer power.11 Supplier power 12 New e
6、ntrants .13 Threat of substitutes.14 Degree of rivalry15 Leading Companies16 Caterpillar, Inc. 16 Joy Global 20 Komatsu Ltd.23 Sandvik AB 26 Liebherr-International AG 29 Appendix.31 Methodology 31 Industry associations32 Related MarketLine research32 Global - Mining Equipment 0199 - 2613 - 2012 MARK
7、ETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 4 LIST OF TABLES Table 1: Global mining equipment market value: $ million, 200812.7 Table 2: Global mining equipment market geography segmentation: $ million, 2012 .8 Table 3: Global mining equipment market value forecast:
8、 $ million, 201217 .9 Table 4: Caterpillar, Inc.: key facts .16 Table 5: Caterpillar, Inc.: key financials ($).17 Table 6: Caterpillar, Inc.: key financial ratios18 Table 7: Joy Global: key facts .20 Table 8: Joy Global: key financials ($).21 Table 9: Joy Global: key financial ratios21 Table 10: Kom
9、atsu Ltd: key facts .23 Table 11: Komatsu Ltd: key financials ($).24 Table 12: Komatsu Ltd: key financials ().24 Table 13: Komatsu Ltd: key financial ratios 24 Table 14: Sandvik AB: key facts.26 Table 15: Sandvik AB: key financials ($).27 Table 16: Sandvik AB: key financials (SEK).27 Table 17: Sandv
10、ik AB: key financial ratios27 Table 18: Liebherr-International AG: key facts.29 Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 5 LIST OF FIGURES Figure 1: Global mining equipment market value: $ million, 200812 .7 Figure
11、 2: Global mining equipment market geography segmentation: % share, by value, 2012 8 Figure 3: Global mining equipment market value forecast: $ million, 201217 9 Figure 4: Forces driving competition in the global mining equipment market, 2012 10 Figure 5: Drivers of buyer power in the global mining
12、equipment market, 2012 11 Figure 6: Drivers of supplier power in the global mining equipment market, 2012 12 Figure 7: Factors influencing the likelihood of new entrants in the global mining equipment market, 2012 13 Figure 8: Factors influencing the threat of substitutes in the global mining equipm
13、ent market, 2012 14 Figure 9: Drivers of degree of rivalry in the global mining equipment market, 201215 Figure 10: Caterpillar, Inc.: revenues and sales offices and service facilities in India, Poland and Russia. Joy Globals underground mining products include continuous miners, longwall shearers,
14、powered roof supports, armored face conveyors, shuttle cars, flexible conveyor trains (FCT), roof bolters, battery haulers, continuous chain haulage systems, feeder breakers, road headers, conveyor systems and high angle conveyors. The company produces electric mining shovels, wheel loaders, rotary
15、blasthole drills and walking draglines for open-pit mining operations. Joy Global has facilities in Australia, Brazil, Canada, Chile, China, South Africa and the US; and sales offices in India, Mexico, Peru, Russia, the UK and Venezuela. The companys products are used in the mining of copper, coal,
16、iron ore, oil sands, silver, gold, diamonds, phosphate, and other minerals and ores. Joy Global provides logistics and life cycle management service support for the customers through a global network of strategically located operations within mining regions. In some markets, the company also offers
17、electric motor rebuilds and other selected products and services to the non-mining industrial segment and sells used electric mining shovels, drills and parts. Joy Global has alliance partner relationships with Berkley Forge and Tool, Phillippi-Hagenbach, Bridon American Corporation, Prodinsa Wire R
18、ope, Dux Machinery, Wire Rope Industries, Hensley Industries, Wire Rope Corporation of America, Hitachi Mining Division and ESCO Corporation. The companys subsidiaries include the following: Joy Mining Machinery, Joy Global (Baotou) Mining Machinery, Joy Global (Tianjin) Mining Machinery, HIHC, Joy
19、Technologies, P&H Mining Equipment (U.K.), N.E.S. Investment, Joy Global Limited, P&H MinePro de Chile Services a la Mineria Ltda, P&H Minepro Services Mexico and others. Key Metrics The company recorded revenues of $5,661 million in the fiscal year ending October 2012, an increase of 28.5% compared
20、 to fiscal 2011. Its net income was $762 million in fiscal 2012, compared to a net income of $610 million in the preceding year. Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 21 Table 8: Joy Global: key financials ($) $
21、 million 2008 2009 2010 2011 2012 Revenues 3,418.9 3,598.3 3,524.3 4,403.9 5,660.9 Net income (loss) 373.1 454.6 461.5 609.7 762.0 Total assets 2,644.3 3,008.3 3,271.0 5,426.4 6,142.5 Total liabilities 1,570.9 1,670.7 1,928.7 3,474.6 3,565.3 Employees 11,800 11,300 11,900 14,500 18,019 SOURCE: COMPA
22、NY FILINGS M A R K E T L I N E Table 9: Joy Global: key financial ratios Ratio 2008 2009 2010 2011 2012 Profit margin 10.9% 12.6% 13.1% 13.8% 13.5% Revenue growth 34.2% 5.2% (2.1%) 25.0% 28.5% Asset growth 23.9% 13.8% 8.7% 65.9% 13.2% Liabilities growth 54.8% 6.4% 15.4% 80.2% 2.6% Debt/asset ratio 5
23、9.4% 55.5% 59.0% 64.0% 58.0% Return on assets 15.6% 16.1% 14.7% 14.0% 13.2% Revenue per employee $289,737 $318,434 $296,162 $303,718 $314,163 Profit per employee $31,619 $40,230 $38,782 $42,046 $42,289 SOURCE: COMPANY FILINGS M A R K E T L I N E Figure 12: Joy Global: revenues & profitability SOURCE
24、: COMPANY FILINGS M A R K E T L I N E Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 22 Figure 13: Joy Global: assets & liabilities SOURCE: COMPANY FILINGS M A R K E T L I N E Global - Mining Equipment 0199 - 2613 - 2012
25、 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 23 Komatsu Ltd Table 10: Komatsu Ltd: key facts Head office: 2 3 6 Akasaka, Minato ku, Tokyo 107 8414, JPN Telephone: 81 3 5561 2616 Website: Financial year-end: March Ticker: 6301 Stock exchange: Tokyo SOURCE: COMPA
26、NY WEBSITE M A R K E T L I N E Komatsu is engaged in the manufacturing, development, marketing and sale of a range of construction, mining and industrial use products. The companys product portfolio includes construction and mining equipment, utilities, forest machines and industrial machinery. The
27、companys manufacturing operations are primarily located in Japan, the US, Brazil, the UK, Germany, Sweden, Italy, Indonesia, China, Thailand, India and Russia. The company operates through two business segments: construction, mining and utility equipment, and industrial machinery and others. The con
28、struction, mining and utility equipment segment offers various types of equipment, including large mining machines and general construction equipment and mini construction equipment for urban use. The company also offers a wide variety of attachments to be used with its products. The segments princi
29、pal products include excavating equipment, loading equipment, grading and roadbed preparation equipment, hauling equipment, forestry equipment, tunneling machines, recycling equipment, industrial vehicles and other equipment. Additionally, the segment provides engines and components, casting product
30、s, hydraulic excavators, wheeled hydraulic excavators, bulldozers, wheel loader, dump trucks and forklifts trucks. The segment also includes downstream businesses, such as used equipment business and the equipment rental business. The industrial machinery and others segment includes industrial machi
31、nery, such as forging and sheet metal machinery and other services. Komatsus principal products in this segment include metal forging and stamping presses, sheet metal machines, machine tools, defense systems and temperature-control equipment. The company also provides large- sized presses, plasma c
32、utting machines, machining centers, wire saws and other products. Komatsus products are primarily sold under the Komatsu brand name and almost all of its sales and service activities are conducted through its sales subsidiaries, affiliates and independent distributors. Key Metrics The company record
33、ed revenues of $24,865 million in the fiscal year ending March 2012, an increase of 7.5% compared to fiscal 2011. Its net income was $2,096 million in fiscal 2012, compared to a net income of $1,891 million in the preceding year. Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE I
34、S A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 24 Table 11: Komatsu Ltd: key financials ($) $ million 2008 2009 2010 2011 2012 Revenues 28,143.3 25,366.9 17,961.9 23,125.8 24,865.3 Net income (loss) 2,619.7 988.7 421.1 1,891.5 2,095.9 Total assets 26,413.4 24,705.9 24,580.4 26,965.3 29,115
35、.8 Total liabilities 15,282.6 14,480.8 13,579.1 15,373.8 15,847.8 Employees 39,267 39,855 38,518 41,059 44,206 SOURCE: COMPANY FILINGS M A R K E T L I N E Table 12: Komatsu Ltd: key financials () million 2008 2009 2010 2011 2012 Revenues 2,243,023.0 2,021,743.0 1,431,564.0 1,843,127.0 1,981,763.0 Ne
36、t income (loss) 208,793.0 78,797.0 33,559.0 150,752.0 167,041.0 Total assets 2,105,146.0 1,969,059.0 1,959,055.0 2,149,137.0 2,320,529.0 Total liabilities 1,218,020.0 1,154,118.0 1,082,256.0 1,225,294.0 1,263,072.0 SOURCE: COMPANY FILINGS M A R K E T L I N E Table 13: Komatsu Ltd: key financial rati
37、os Ratio 2008 2009 2010 2011 2012 Profit margin 9.3% 3.9% 2.3% 8.2% 8.4% Revenue growth 18.5% (9.9%) (29.2%) 28.7% 7.5% Asset growth 14.2% (6.5%) (0.5%) 9.7% 8.0% Liabilities growth 14.1% (5.2%) (6.2%) 13.2% 3.1% Debt/asset ratio 57.9% 58.6% 55.2% 57.0% 54.4% Return on assets 10.6% 3.9% 1.7% 7.3% 7.
38、5% Revenue per employee $716,717 $636,480 $466,325 $563,234 $562,487 Profit per employee $66,716 $24,807 $10,932 $46,068 $47,411 SOURCE: COMPANY FILINGS M A R K E T L I N E Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page |
39、25 Figure 14: Komatsu Ltd: revenues & profitability SOURCE: COMPANY FILINGS M A R K E T L I N E Figure 15: Komatsu Ltd: assets & liabilities SOURCE: COMPANY FILINGS M A R K E T L I N E Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCO
40、PIED Page | 26 Sandvik AB Table 14: Sandvik AB: key facts Head office: Kungsbron 1, 111 22 Stockholm, SWE Telephone: 46 26 26 00 00 Website: Financial year-end: December Ticker: SAND Stock exchange: Stockholm SOURCE: COMPANY WEBSITE M A R K E T L I N E Sandvik is a technology and global engineering
41、 company and one of the worlds largest manufacturers of metal cutting tools. The company specializes in stainless materials, metallic resistance materials, special alloys, metal cutting tools, ceramic resistance materials, sorting systems, process systems and rock evacuation machinery and tools. Its
42、 major markets include the US, Germany, China, South Africa, Brazil, Sweden, Italy, France, Russia, Canada, the UK, Japan, India and Mexico. Sandvik generates revenues through four business segments: Sandvik Mining and Construction*, Sandvik Tooling, Sandvik Materials Technology and Seco Tools. Sand
43、vik Mining and Construction is specialized in equipment, tools and service for the mining and construction industries. It is primarily focused on underground mining, surface mining and construction customer segment. It provides product program for drilling and mechanical mining, as well as for loadi
44、ng and transport, crushing and sorting, demolition, recycling and handling of rock and minerals. Sandvik Tooling business segment is engaged in developing, manufacturing and selling of m etal cutting tools. This segment offers tools and tooling systems for metal cutting, as well as wear parts and co
45、mponents. Its products are made with hard materials such as high-speed steel, cemented carbide, cubic boron nitride, and synthetic diamond. Sandvik Materials Technology is specialized in high value-added products in advanced metallic and ceramic materials for industries and fields of applications. I
46、ts operations are divided into four product areas: tube, strip, wire and heating technology and primary products. It offers products based on advanced stainless steels, special alloys and titanium, furnace products, heating systems and resistance materials. Seco Tools is one of the leading manufactu
47、rers and suppliers of carbide cutting tools and associated equipment. It provides range of cutters and inserts for milling, suitable for machining work material. Seco tools also offers range of coated and uncoated turning inserts. The company also conducts its business through Sandvik Venture that f
48、ocuses on creating opportunities in small and fast-growing businesses. Its product areas comprise Sandvik hard materials, diamond innovations, Wolfram, Dormer, Sandvik process systems. *Note: In January 2012, Sandvik Mining and Construction was separated into two entities: Sandvik Mining and Sandvik
49、 Construction. Key Metrics The company recorded revenues of $15,188 million in the fiscal year ending December 2012, an increase of 4.7% compared to fiscal 2011. Its net income was $1,249 million in fiscal 2012, compared to a net income of $848 million in the preceding year. Global - Mining Equipment 0199 - 2613 - 2012 MARKETLINE THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED Page | 27 Table 15: Sandvik AB: key financials ($) $ million 2008 2009 2010 2011 2012 Revenues 14,282.4 11,088.9 12,740.9 14,502.8