According to SMT Scharf’s estimates, the market for underground transport technology has a revenue of € 5 to 7 billion annually.
The progressive mining of deposits is increasingly leading to job site issues that require advanced technological transport solutions. In particular, such solutions must be designed to handle steep gradients.
In the mining industry, global trends are moving toward automation and stricter safety standards. This is impacting certain mining regions, especially in South Africa and South America.
Long-term, a continued fall in or volatile prices for coal, precious materials and other raw materials can be expected.