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Market Research Report

Mining Renewable Energy Systems Market by Source Type (Wind, Biomass, Biofuel, Solar, and Geothermal): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2022

Published by Zion Market Research Product code 630452
Published Content info 110 Pages
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Mining Renewable Energy Systems Market by Source Type (Wind, Biomass, Biofuel, Solar, and Geothermal): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2022
Published: February 20, 2018 Content info: 110 Pages
Description

Report Brief

The report covers forecast and analysis for the mining renewable energy systems market on a global and regional level

The report includes the positive and the negative factors that are affecting the mining renewable energy systems market

Complete information about the market opportunities are discussed

The key target audience for the market has been determined in the report

The revenue generated by the prominent industry players has been analyzed in the report

The market numbers have been calculated using top-down and the bottom-up approaches

The mining renewable energy systems market has been analyzed using the Porters Five Forces Analysis

The market is segmented on the basis of source type which in turn is bifurcated on regional level as well

All the segments have been evaluated based on the present and the future trends

The report deals with the in-depth quantitative and qualitative analyses of the mining renewable energy systems market

The report includes the detailed company profiles of the prominent market players

Market Summary Overview

Mining renewable energy systems are clean sources of power generation used in mining sites, especially for off-grid locations. These sources include solar, wind, biomass and geothermal among others. The amount of energy per unit is increasing, and so are electricity and diesel prices, whereas the prices for renewable energy, wind and solar, have been falling considerably during the last few years. Hence, mining companies have been taking interest in renewable energy systems in order to integrate it into their mining activities.

Value

The global mining renewable energy systems market was valued at around USD 2,500 million in the year 2016 and it is expected to reach approximately USD 3,800 million by 2022. The global mining renewable energy systems market is expected to exhibit a CAGR of more than 7% between 2017 and 2022.

Drivers and Restraints

In mining, solar or wind systems are combined with or integrated into existing diesel power plants. Wind and solar energy are approximately 70% less expensive than electricity from diesel, especially in remote areas where transport makes up a large share of the total diesel cost. Solar and wind energy prices have reduced considerably in recent years. Solar module process has fallen by almost 30% in the recent past and wind turbine towers have become taller, which allows for an efficient power generation in many locations where the wind is not strong enough at lower altitudes. Hence, renewable energy systems in mining are considered a reliable option and have been attracting many institutional investors such as pension funds, that value secure investments and accept comparatively low returns.

Many companies do not have the resources and capital to finance new renewable energy projects. Solar and wind projects require high capital investment and offer very limited operating costs, whereas electricity generation with diesel engines require very low investment costs and offers high operating costs thus limiting the growth of the market.

Segmentation

Based on source type, the solar segment is expected to be the most attractive segment of the global mining renewable energy systems market. As solar energy is being used by several industrial sectors it contributed a major share of over USD 950 million in 2016. Moreover, the presence of a significant number of mines in the tropical regions is another factor fueling the demand for solar energy in mining operations.

The Asia Pacific is expected to be the most attractive region for mining renewable energy systems market. The Asia Pacific is a crucial supplier of mined products. The region collectively produces over half of the worlds iron ore, more than 70% of copper, nickel, silver, lead, zinc, bauxite and tin, and more than 90% of coal and molybdenum. Mining industry contributes approximately 24% to the total Asia Pacific economies. The governments in the region have been encouraging the adoption of favorable practices in mining in order to promote sustainable growth.

Industry Players

The global mining renewable energy systems market report profiles some of the leading players in the market and analyzes their key strategies. The major players in the market are Bluhm Burton Engineering Pty Ltd (BBE), Barrick Gold Corporation, Black Veatch Holding Company, Cambridge Energy Partners, Conergy, Cronimet Holding GmbH., Downer Group, Enel Green Power, General Electric, Hanwha Group, Juwi AG, Newmont Mining Corporation, Nuance Energy Group, Inc., Pyry Plc., Siemens AG, SolarReserve, LLC, Vergnet and ViZn Energy Systems amongst others.

The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio. In March 2017, Newmont Mining Corporation launched a Lifecycle of a Mine, an interactive micro site that features the activities and processes that make up each stage of the life of a modern-day gold mine.

Table of Contents

Table of Contents

Chapter 1 Preface

  • 1.1 Report Description
    • 1.1.1 Objective
    • 1.1.2 Target Audience
    • 1.1.3 Unique Selling Proposition (USP) Offerings
  • 1.2 Research Scope
  • 1.3 Research Methodology
    • 1.3.1 Market Research Process
    • 1.3.2 Market Research Methodology

Chapter 2 Executive Summary

  • 2.1 Global Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
  • 2.2 Global Mining Renewable Energy Systems Market: Snapshot

Chapter 3 Mining Renewable Energy Systems - Market Dynamics

  • 3.1 Introduction
    • 3.1.1 Classification of Mining Renewable Energy Systems
  • 3.2 Market Drivers
    • 3.2.1 High electricity costs26
  • 3.3 Restraints
    • 3.3.1 High installation cost
  • 3.4 Opportunities
  • 3.5 Porters Five Forces Analysis
  • 3.6 Mining Renewable Energy Systems: Market Attractiveness Analysis
    • 3.6.1 Market Attractiveness Analysis by Source Type
    • 3.6.2 Market Attractiveness Analysis by Region

Chapter 4 Competitive Landscape

  • 4.1 Strategic Development
    • 4.1.1 Acquisitions Mergers
    • 4.1.2 New Product Launch
    • 4.1.3 Agreements, Partnerships, Collaborations and Joint Ventures
    • 4.1.4 Research and Development, Product and Regional Expansion

Chapter 5 Mining Renewable Energy Systems Market - Source Type Analysis

  • 5.1 Global Mining Renewable Energy Systems Market: Source Type Overview
    • 5.1.1 Global Mining Renewable Energy Systems Market Share, by Source Type, 2016 2022
  • 5.2 Wind
    • 5.2.1 Global Mining Renewable Energy Systems Market by Wind Energy, 2014 - 2022 (USD Million)
  • 5.3 Biomass
    • 5.3.1 Global Mining Renewable Energy Systems by Biomass, 2014 - 2022 (USD Million)
  • 5.4 Biofuel
    • 5.4.1 Global Mining Renewable Energy Systems Market by Biofuel, 2014 - 2022 (USD Million)
  • 5.5 Solar
    • 5.5.1 Global Mining Renewable Energy Systems Market by Solar, 2014 - 2022 (USD Million)
  • 5.6 Geothermal
    • 5.6.1 Global Mining Renewable Energy Systems Market by Geothermal, 2014 - 2022 (USD Million)

Chapter 6 Mining Renewable Energy Systems Market - Regional Analysis

  • 6.1 Global Mining Renewable Energy Systems Market: Regional Overview
    • 6.1.1 Global Mining Renewable Energy Systems Market Share, by Region, 2016 2022
  • 6.2 North America
    • 6.2.1 North America Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.2.2 North America mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.2.3 U.S.
      • 6.2.3.1 U.S. mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.2.4 Canada
      • 6.2.4.1 Canada mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.2.5 Rest of North America
  • 6.3 Europe
    • 6.3.1 Europe Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.3.2 Europe mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.3.3 France
    • 6.3.4 U.K.
    • 6.3.5 Russia
    • 6.3.6 Rest of Europe
  • 6.4 Asia Pacific
    • 6.4.1 Asia Pacific Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.4.2 Asia Pacific mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.4.3 China
    • 6.4.4 Japan
    • 6.4.5 India
    • 6.4.6 Australia
    • 6.4.7 New Zealand
    • 6.4.8 Southeast Asia
    • 6.4.9 Rest of Asia Pacific
  • 6.5 Middle East
    • 6.5.1 Middle East Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.5.2 Middle East mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.5.3 Egypt
    • 6.5.4 Saudi Arabia
    • 6.5.5 UAE
    • 6.5.6 Bahrain
    • 6.5.7 Rest of Middle East
  • 6.6 Africa
    • 6.6.1 Africa Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.6.2 Africa mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.6.3 South Africa
    • 6.6.4 Nigeria
    • 6.6.5 Kenya
    • 6.6.6 Ethiopia
    • 6.6.7 Rest of Africa
  • 6.7 Latin America
    • 6.7.1 Latin America Mining Renewable Energy Systems Market, 2014 - 2022 (USD Million)
    • 6.7.2 Latin America mining renewable energy systems market revenue, by source type, 2014 - 2022 (USD Million)
    • 6.7.3 Brazil
    • 6.7.4 Rest of Latin America

Chapter 7 Company Profiles

  • 7.1 Downer Group
    • 7.1.1 Company Overview
    • 7.1.2 Key Developments
    • 7.1.3 Financial Analysis
    • 7.1.4 Key Strengths
    • 7.1.5 Key Opportunities
    • 7.1.6 Business Strategy
  • 7.2 Enel Green Power
    • 7.2.1 Company Overview
    • 7.2.2 Key Developments
    • 7.2.3 Financial Analysis
    • 7.2.4 Key Strengths
    • 7.2.5 Key Opportunities
    • 7.2.6 Business Strategy
  • 7.3 General Electric
    • 7.3.1 Company Overview
    • 7.3.2 Key Developments
    • 7.3.3 Financial Analysis
    • 7.3.4 Key Strengths
    • 7.3.5 Key Opportunities
    • 7.3.6 Business Strategy
  • 7.4 Hanwha Group
    • 7.4.1 Company Overview
    • 7.4.2 Key Developments
    • 7.4.3 Financial Analysis
    • 7.4.4 Key Strengths
    • 7.4.5 Key Opportunities
    • 7.4.6 Business Strategy
  • 7.5 Juwi AG
    • 7.5.1 Company Overview
    • 7.5.2 Key Developments
    • 7.5.3 Financial Analysis
    • 7.5.4 Key Strengths
    • 7.5.5 Key Opportunities
    • 7.5.6 Business Strategy
  • 7.6 Newmont Mining Corporation
    • 7.6.1 Company Overview
    • 7.6.2 Key Developments
    • 7.6.3 Financial Analysis
    • 7.6.4 Key Strengths
    • 7.6.5 Key Opportunities
    • 7.6.6 Business Strategy
  • 7.7 Nuance Energy Group, Inc.
    • 7.7.1 Company Overview
    • 7.7.2 Key Developments
    • 7.7.3 Key Strengths
    • 7.7.4 Key Opportunities
    • 7.7.5 Business Strategy
  • 7.8 Pyry PLC
    • 7.8.1 Company Overview
    • 7.8.2 Key Developments
    • 7.8.3 Financial Analysis
    • 7.8.4 Key Strengths
    • 7.8.5 Business Strategy
  • 7.9 Siemens AG
    • 7.9.1 Company Overview
    • 7.9.2 Key Developments
    • 7.9.3 Financial Analysis
    • 7.9.4 Key Strengths
    • 7.9.5 Key Opportunities
    • 7.9.6 Business Strategy
  • 7.10 Bluhm Burton Engineering Pty Ltd (BBE)
    • 7.10.1 Company overview
    • 7.10.2 Key Developments
    • 7.10.3 Key Strengths
    • 7.10.4 Key Opportunities
    • 7.10.5 Business Strategy
  • 7.11 Barrick Gold Corporation
    • 7.11.1 Company Overview
    • 7.11.2 Key Development
    • 7.11.3 Financial Analysis
    • 7.11.4 Key Strengths
    • 7.11.5 Key Opportunities
    • 7.11.6 Business Strategy
  • 7.12 Black Veatch Holding Company
    • 7.12.1 Company Overview
    • 7.12.2 Key Developments
    • 7.12.3 Key Strengths
    • 7.12.4 Key Opportunities
    • 7.12.5 Business Strategy
  • 7.13 Cambridge Energy Partners
    • 7.13.1 Company Overview
    • 7.13.2 Key Strengths
    • 7.13.3 Key Opportunities
    • 7.13.4 Business Strategy
  • 7.14 Conergy
    • 7.14.1 Company Overview
    • 7.14.2 Key Strengths
    • 7.14.3 Key Opportunities
    • 7.14.4 Business Strategy
  • 7.15 CRONIMET Mining Power Solutions GmbH
    • 7.15.1 Company Overview
    • 7.15.2 Key Developments
    • 7.15.3 Key Strengths
    • 7.15.4 Key Opportunities
    • 7.15.5 Business Strategy
  • 7.16 ViZn Energy
    • 7.16.1 Company Overview
    • 7.16.2 Key Developments
    • 7.16.3 Key Strengths
    • 7.16.4 Key Opportunities
    • 7.16.5 Business Strategy
  • 7.17 Vergnet
    • 7.17.1 Company overview
    • 7.17.2 Key Strengths
    • 7.17.3 Business Strategy
  • 7.18 SolarReserve, LLC
    • 7.18.1 Company Overview
    • 7.18.2 Key Strengths
    • 7.18.3 Key Opportunities
    • 7.18.4 Business Strategy
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