Mining Industry: Market Forecast Report By Radiant Insights, Inc

The existing economic environment is unfavorable for the mining industry, and customer confidence levels will remain constant in August 2016-January 2016. Companies are slightly optimistic about economic conditions in Europe and the Rest of World due to strong domestic dynamics, encouraging monetary policies, and stabilization in economies within the MENA region that were worst hit by falling oil prices in the last two years.

The mining industry is expected to record higher expenditure towards new product development and research and analysis in August 2016-January 2016, compared to January-June 2016. Moreover, executives with business operations in the Rest of the World region expect an increase in machinery and equipment prices in August 2016-January 2016, compared to January-June 2016.

Synopsis:
Report examines executives’ opinion about the business environment over August 2016-January 2017. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region and presents a comparison with January-June 2016 wherever applicable.

What else does this report offer?

  • Current state of the global economy: examines prevailing economic conditions globally and across various regions
  • Company and industry growth outlook: provides industry executives’ expectations towards the growth prospects of their company and the industry over the next six months
  • Change in customer confidence: analyzes mining industry executives’ opinion about the change in customer confidence during Aug 2016-Jan 2017
  • Supplier prices projection: determines expected change in supplier prices across various categories and their impact on business confidence
  • Change in staff headcount and sales performance: tracks expected change in staff headcount and sales for Aug 2016-Jan 2017 among industry executives globally
  • Significant investment activities: highlights various areas in which industry executives intend to invest over the next six months
  • Business concerns: provides information about potential business concerns indicated by survey respondents for Aug 2016-Jan 2017
  • Key priorities: identifies the top priorities of industry executives operating in various regions


Browse Full Research Report With TOC:  http://www.radiantinsights.com/research/mining-industry-business-confidence-report-august-2016

Key Findings:

  • Overall, 19% of survey respondents highlight the current economic environment as stable. Additionally, 17% of mining industry executives indicates a favorable or very favorable economic state
  • Executives who operate in Europe and the Rest of the World have a more favorable opinion about their regions
  • Overall, 61% and 32% of industry executives indicate a positive opinion about company and industry growth, respectively, during the next six months
  • Over the next six months, 11% of survey respondents anticipate that the supplier prices of raw materials will increase by up to 6%. Executives operating in Europe project the highest growth in raw material prices, followed by those operating in North America, Asia-Pacific, and the Rest of the World
  • Executives operating in Asia-Pacific are less concerned about rising new competition during Aug 2016-Jan 2017, compared to Jan-Jun 2016

Reasons To Buy:

  • Helps organizations to make effective business strategy decisions by knowing the prevailing business conditions and sentiment within the mining industry
  • Organizations will be supported in business expansion decisions by providing information about projected change in sales performance and supplier prices
  • Helps to improve operational efficiency of the organization by knowing about key priorities and the main concerns of mining industry executives
  • Helps to alter investment allocation by understanding key focus areas highlighted by survey respondents during Aug 2016-Jan 2017

See More Reports of This Category by Radiant Insights: http://www.radiantinsights.com/catalog/mining

About Radiant Insights,Inc
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
28 2nd Street, Suite 3036, San Francisco, CA 94105, United States
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com
Web: http://www.radiantinsights.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s