| Product Code: ETC5681872 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for mining shovels experienced a significant upsurge from 2023 to 2024, with a remarkable growth rate of 658.36%. The compound annual growth rate (CAGR) for the period from 2020 to 2024 stood at 64.08%. This surge in imports can be attributed to a notable shift in demand for mining equipment, potentially influenced by increased mining activities or infrastructure projects during this period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Mining Shovel Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Mining Shovel Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Mining Shovel Market - Industry Life Cycle |
3.4 Armenia Mining Shovel Market - Porter's Five Forces |
3.5 Armenia Mining Shovel Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.6 Armenia Mining Shovel Market Revenues & Volume Share, By Mineral Type, 2021 & 2031F |
4 Armenia Mining Shovel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for minerals and metals globally, leading to a higher need for efficient mining equipment like shovels. |
4.2.2 Technological advancements in mining shovels, improving their efficiency, productivity, and durability. |
4.2.3 Government initiatives and investments in the mining sector to boost production and exports. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of minerals and metals impacting the profitability of mining operations and investment in new equipment. |
4.3.2 Environmental regulations and sustainability concerns leading to stricter guidelines on mining practices and equipment usage. |
4.3.3 Economic instability and geopolitical factors affecting the overall mining industry and investment decisions. |
5 Armenia Mining Shovel Market Trends |
6 Armenia Mining Shovel Market Segmentations |
6.1 Armenia Mining Shovel Market, By Payload Capacity |
6.1.1 Overview and Analysis |
6.1.2 Armenia Mining Shovel Market Revenues & Volume, By 20-25, 2021-2031F |
6.1.3 Armenia Mining Shovel Market Revenues & Volume, By 30-35, 2021-2031F |
6.1.4 Armenia Mining Shovel Market Revenues & Volume, By 40-50, 2021-2031F |
6.1.5 Armenia Mining Shovel Market Revenues & Volume, By More than 50, 2021-2031F |
6.2 Armenia Mining Shovel Market, By Mineral Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Mining Shovel Market Revenues & Volume, By Coal, 2021-2031F |
6.2.3 Armenia Mining Shovel Market Revenues & Volume, By Iron Ore, 2021-2031F |
6.2.4 Armenia Mining Shovel Market Revenues & Volume, By Non-Ferrous Metals, 2021-2031F |
6.2.5 Armenia Mining Shovel Market Revenues & Volume, By Industrial Minerals, 2021-2031F |
6.2.6 Armenia Mining Shovel Market Revenues & Volume, By Precious Metals, 2021-2031F |
7 Armenia Mining Shovel Market Import-Export Trade Statistics |
7.1 Armenia Mining Shovel Market Export to Major Countries |
7.2 Armenia Mining Shovel Market Imports from Major Countries |
8 Armenia Mining Shovel Market Key Performance Indicators |
8.1 Average shovel utilization rate, indicating how efficiently the equipment is being used. |
8.2 Maintenance cost per unit of production, reflecting the operational efficiency and reliability of the shovels. |
8.3 Percentage of downtime due to technical issues, highlighting the reliability and performance of the shovels in the field. |
9 Armenia Mining Shovel Market - Opportunity Assessment |
9.1 Armenia Mining Shovel Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.2 Armenia Mining Shovel Market Opportunity Assessment, By Mineral Type, 2021 & 2031F |
10 Armenia Mining Shovel Market - Competitive Landscape |
10.1 Armenia Mining Shovel Market Revenue Share, By Companies, 2024 |
10.2 Armenia Mining Shovel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |