Market Overview:
The global mining renewable energy systems market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources across the globe and the need for reliable and efficient power supply in mining operations. The wind segment is expected to account for a major share of the global mining renewable energy systems market in 2018, owing to its low cost and easy installation. However, solar photovoltaic (PV) is projected to be the fastest-growing segment during the forecast period, due to its growing popularity among miners as well as investors. Off-grid locations are expected to account for a majority ofthe demand for renewables in mining applications duringthe forecast period.
Product Definition:
Mining Renewable Energy Systems is the process of extracting usable energy from renewable resources. These systems can include wind turbines, solar panels, and hydroelectric dams. The importance of Mining Renewable Energy Systems is that it can help reduce greenhouse gas emissions and increase the use of renewable energy sources.
Wind:
Wind is an energy source that is freely available to provide electricity. The wind's kinetic energy can be converted into useful power by using turbines. Wind turbine blades capture the wind's natural air movement and convert it into mechanical energy which is then used to drive a generator, which in turn produces electrical power.
The world population has increased tremendously over the past few decades and this has led to a significant strain on global resources such as land, water, wood etc.
Biomass:
Biomass is organic material which is available in various forms including animal, plant and microbial. It has been used as energy resource for generations. Biomass can be used as fuel or electricity generation resource. The most commonly known biomass fuels are wood, crop waste and manure which are easily available in abundance especially in the developing countries of Africa & Asia Pacific region such as India, China and Indonesia among others.
Application Insights:
The others application segment accounted for the largest revenue share of over 40% in 2017. The segment includes remote locations, where electricity is needed to be supplied round-the-clock for industrial operations and domestic uses. Owing to the absence of conventional energy sources such as coal and oil, renewable energy systems have been deployed in off-grid locations which accounted for a significant market share.
On the other hand, off-grid locations are expected to witness significant growth owing to increasing investments by governments in order to expand electricity access across rural areas as well as islands with no or limited grid connectivity. Furthermore, these regions experience extreme weather conditions; therefore it is important that these places are connected through an efficient power supply system so that essential services can be provided during emergencies such as natural disasters or blackouts.
Regional Analysis:
Asia Pacific dominated the global mining renewable energy systems market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing government support for developing clean energy sources and reducing fossil fuel imports. China, Australia, India, Japan, South Korea and Indonesia are some of the major countries that have adopted various policies and instruments for promoting investments in renewable power generation projects across various sectors including residential/commercial/industrial applications.
The European market is anticipated to grow at a significant rate over the forecast period owing to rising environmental concerns among people regarding carbon footprints associated with conventional fuels such as coal and petroleum products used for power generation purposes. Moreover, growing awareness about climate change issues has resulted in encouraging governments of Europe countries including Germany; U K; Italy; Spain etc.,to adopt pro-renewable energy policies which will drive industry growth further.
Growth Factors:
- Increasing demand for energy due to population growth and industrialization in developing countries
- Government policies and regulations supporting renewable energy systems
- Rising prices of traditional fuels such as oil, gas, and coal
- Technological advancements in renewable energy systems
- Growing awareness about the benefits of renewable energy systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Renewable Energy Systems Market Research Report
By Type
Wind, Biomass, Biofuel, Solar, Geothermal
By Application
Off-Grid Locations, Others
By Companies
Bluhm Burton Engineering(BBE), Barrick Gold Corporation, Black & Veatch Holding Company, Cambridge Energy Partners, Conergy, Cronimet Holding , Downer Group, Enel Green Power, General Electric, Hanwha Group, Juwi AG, Newmont Mining Corporation, Nuance Energy Group, Poyry Plc, Siemens AG, SolarReserve, Vergnet, ViZn Energy Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Mining Renewable Energy Systems Market Report Segments:
The global Mining Renewable Energy Systems market is segmented on the basis of:
Types
Wind, Biomass, Biofuel, Solar, Geothermal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Off-Grid Locations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bluhm Burton Engineering(BBE)
- Barrick Gold Corporation
- Black & Veatch Holding Company
- Cambridge Energy Partners
- Conergy
- Cronimet Holding
- Downer Group
- Enel Green Power
- General Electric
- Hanwha Group
- Juwi AG
- Newmont Mining Corporation
- Nuance Energy Group
- Poyry Plc
- Siemens AG
- SolarReserve
- Vergnet
- ViZn Energy Systems
Highlights of The Mining Renewable Energy Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wind
- Biomass
- Biofuel
- Solar
- Geothermal
- By Application:
- Off-Grid Locations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mining Renewable Energy Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mining renewable energy systems (MRS) is the process of extracting energy from renewable resources such as solar, wind, geothermal and hydro power. Mining these resources can help reduce greenhouse gas emissions by producing electricity from clean sources.
Some of the major players in the mining renewable energy systems market are Bluhm Burton Engineering(BBE), Barrick Gold Corporation, Black & Veatch Holding Company, Cambridge Energy Partners, Conergy, Cronimet Holding , Downer Group, Enel Green Power, General Electric, Hanwha Group, Juwi AG, Newmont Mining Corporation, Nuance Energy Group, Poyry Plc, Siemens AG, SolarReserve, Vergnet, ViZn Energy Systems.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mining Renewable Energy Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mining Renewable Energy Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mining Renewable Energy Systems Market - Supply Chain
4.5. Global Mining Renewable Energy Systems Market Forecast
4.5.1. Mining Renewable Energy Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mining Renewable Energy Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mining Renewable Energy Systems Market Absolute $ Opportunity
5. Global Mining Renewable Energy Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mining Renewable Energy Systems Market Size and Volume Forecast by Type
5.3.1. Wind
5.3.2. Biomass
5.3.3. Biofuel
5.3.4. Solar
5.3.5. Geothermal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mining Renewable Energy Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mining Renewable Energy Systems Market Size and Volume Forecast by Application
6.3.1. Off-Grid Locations
6.3.2. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mining Renewable Energy Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mining Renewable Energy Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mining Renewable Energy Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mining Renewable Energy Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mining Renewable Energy Systems Demand Share Forecast, 2019-2026
9. North America Mining Renewable Energy Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mining Renewable Energy Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mining Renewable Energy Systems Market Size and Volume Forecast by Application
9.4.1. Off-Grid Locations
9.4.2. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mining Renewable Energy Systems Market Size and Volume Forecast by Type
9.7.1. Wind
9.7.2. Biomass
9.7.3. Biofuel
9.7.4. Solar
9.7.5. Geothermal
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mining Renewable Energy Systems Demand Share Forecast, 2019-2026
10. Latin America Mining Renewable Energy Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mining Renewable Energy Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mining Renewable Energy Systems Market Size and Volume Forecast by Application
10.4.1. Off-Grid Locations
10.4.2. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mining Renewable Energy Systems Market Size and Volume Forecast by Type
10.7.1. Wind
10.7.2. Biomass
10.7.3. Biofuel
10.7.4. Solar
10.7.5. Geothermal
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mining Renewable Energy Systems Demand Share Forecast, 2019-2026
11. Europe Mining Renewable Energy Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mining Renewable Energy Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mining Renewable Energy Systems Market Size and Volume Forecast by Application
11.4.1. Off-Grid Locations
11.4.2. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mining Renewable Energy Systems Market Size and Volume Forecast by Type
11.7.1. Wind
11.7.2. Biomass
11.7.3. Biofuel
11.7.4. Solar
11.7.5. Geothermal
11.8. Basis Point Share (BPS) Analysisby Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mining Renewable Energy Systems Demand Share, 2019-2026
12. Asia Pacific Mining Renewable Energy Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mining Renewable Energy Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mining Renewable Energy Systems Market Size and Volume Forecast by Application
12.4.1. Off-Grid Locations
12.4.2. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mining Renewable Energy Systems Market Size and Volume Forecast by Type
12.7.1. Wind
12.7.2. Biomass
12.7.3. Biofuel
12.7.4. Solar
12.7.5. Geothermal
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mining Renewable Energy Systems Demand Share, 2019-2026
13. Middle East & Africa Mining Renewable Energy Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mining Renewable Energy Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mining Renewable Energy Systems Market Size and Volume Forecast by Application
13.4.1. Off-Grid Locations
13.4.2. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mining Renewable Energy Systems Market Size and Volume Forecast by Type
13.7.1. Wind
13.7.2. Biomass
13.7.3. Biofuel
13.7.4. Solar
13.7.5. Geothermal
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mining Renewable Energy Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mining Renewable Energy Systems Market: Market Share Analysis
14.2. Mining Renewable Energy Systems Distributors and Customers
14.3. Mining Renewable Energy Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bluhm Burton Engineering(BBE)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Barrick Gold Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Black & Veatch Holding Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cambridge Energy Partners
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Conergy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cronimet Holding
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Downer Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Enel Green Power
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. General Electric
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hanwha Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Juwi AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Newmont Mining Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nuance Energy Group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Poyry Plc
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Siemens AG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SolarReserve
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Vergnet
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ViZn Energy Systems
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
