Mining Equipment Market Size, Share, Analysis Report

Mining Equipment Market Size By Application (Mineral Mining, Coal Mining, Metal Mining), By Type (Mining Drills & Breakers, Crushing, Pulverizing & Screening Equipment, Underground Mining Equipment, Surface Mining Equipment, Mineral Processing Equipment), By Equipment Type (Lhd, Mining Trucks), By Equipment Category (Underground Mining, Surface Mining), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The Global mining equipment Market is expected to exceed more than US$ 116 billion by 2027.

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MARKET SNAPSHOT

Major Players

  • Hitachi Construction Machinery
  • Terex
  • Atlas Copco
  • Sany
  • Doosan
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    12.50%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Global mining equipment Market is expected to exceed more than US$ 116 billion by 2027.

    Rapid development in mining processes and increase in the implementation of automated solutions in current years are projected to determination the mining equipment market demand over the estimate period. Some players are providing smart resolutions to their customers for refining productivity and attractive the productivity of industrial operations. These smart solutions offer structures like real-time control & monitoring, will improve production management, and improve the decision-making approach. This has controlled to players participating these innovative solutions into their products to improve the productivity and reliability in mineral extraction processes. Through the integration of advanced digital technologies, customers are able to maximize the Return on Investment. Such factors are expected to simplify the development of the market in developed countries.

    Continuing digital mine revolution is anticipated to transform the key aspects of mining over the next few years. Improved investment, along side government support for the digital mine innovation, is anticipated to trigger the demand for mining equipment over the estimate period. Enhancements and revolutions in extraction technologies and equipment have contributed to the improvement of ore grades, thus extending the life of older mines.

    With rise in demand for examination machines and robotics, companies are replacing legacy mining methods, providing an impetus to the mining equipment industry development. The replacement of automatic solutions in place of manual processes supports in dropping the number of accidents in handling and performing activities. Furthermore, automation and robotics technology combined with the complex and heavy machines is attractive the overall productivity. High investments of market players in R&D activities to offer technically-advanced machinery with greater efficiency, consistency, and the ability to endure the increasing competition are creating several development opportunities.

    The global Mining Equipment market is segregated on the basis of Application as Mineral Mining, Coal Mining, and Metal Mining. Based on Type the global Mining Equipment market is segmented in Mining Drills & Breakers, Crushing, Pulverizing & Screening Equipment, Underground Mining Equipment, Surface Mining Equipment, Mineral Processing Equipment, and Others. Based on Equipment Type the global Mining Equipment market is segmented in Lhd and Mining Trucks.

    Based on Equipment Category, the global Mining Equipment market is segmented in Underground Mining and Surface Mining.

    The global Mining Equipment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Mining Equipment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Hitachi Construction Machinery, Terex, Atlas Copco, Sany, Doosan, Caterpillar, Volvo Construction Equipment, Komatsu, Sandvik, Liebherr, and others are among the major players in the global Mining Equipment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Mining Equipment Market has been segmented as below:

    Mining Equipment Market, By Application

    • Mineral Mining
    • Coal Mining
    • Metal Mining

    Mining Equipment Market, By Type

    • Mining Drills & Breakers
    • Crushing, Pulverizing & Screening Equipment
    • Underground Mining Equipment
    • Surface Mining Equipment
    • Mineral Processing Equipment
    • Others

    Mining Equipment Market, By Equipment Type

    • Lhd
    • Mining Trucks

    Mining Equipment Market, By Equipment Category

    • Underground Mining
    • Surface Mining

    Mining Equipment Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Mining Equipment Market, By Company

    • Hitachi Construction Machinery
    • Terex
    • Atlas Copco
    • Sany
    • Doosan
    • Caterpillar
    • Volvo Construction Equipment
    • Komatsu
    • Sandvik
    • Liebherr
    • Astec Industries Incorporated
    • Bell Equipment Limited
    • Boart Longyear Ltd
    • Bradken Limited
    • China Coal Energy Company Limited
    • CNH Industrial NV
    • Corum Group
    • Doosan Group
    • FLSmidth & Co
    • Furukawa Co., Ltd.
    • Joy Global Inc

    The report covers:

    • Global Mining Equipment market sizes from 2022 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2019 vs 2027, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2027
    • Global Mining Equipment market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Mining Equipment market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Mining Equipment market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Mining Equipment market share. Major industry players with significant revenue share include Hitachi Construction Machinery, Terex, Atlas Copco, Sany, Doosan, Caterpillar, Volvo Construction Equipment, Komatsu, Sandvik, Liebherr, and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Mining Equipment industry trends
    • Find complete analysis on the market status
    • Identify the Mining Equipment market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysi
        
    5. Mining Equipment Market, By Application
        5.1 Introduction
        5.2 Mineral Mining
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Coal Mining
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Metal Mining
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
            
    6. Mining Equipment Market, By Type
        6.1 Introduction
        6.2 Mining Drills & Breakers
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Crushing, Pulverizing & Screening Equipment
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Underground Mining Equipment
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
        6.5 Surface Mining Equipment
            6.5.1 Market Overview
            6.5.2 Market Size and Forecast
        6.6 Mineral Processing Equipment
            6.6.1 Market Overview
            6.6.2 Market Size and Forecast
        6.7 Others
            6.7.1 Market Overview
            6.7.2 Market Size and Forecast
            
    7. Mining Equipment Market, By Equipment Type
        7.1 Introduction
        7.2 Lhd
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Mining Trucks
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
    8. Mining Equipment Market, By Equipment Category
        8.1 Introduction
        8.2 Underground Mining
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Surface Mining
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
    9. Mining Equipment Market, By Geography
        9.1 Introduction
        9.2 North America
            9.2.1 North America Mining Equipment, By Application
            9.2.2 North America Mining Equipment, By Type
            9.2.3 North America Mining Equipment, By Equipment Type
            9.2.4 North America Mining Equipment, By Equipment Category
        9.3 Europe
            9.3.1 Europe Mining Equipment, By Application
            9.3.2 Europe Mining Equipment, By Type
            9.3.3 Europe Mining Equipment, By Equipment Type
            9.3.4 Europe Mining Equipment, By Equipment Category
        9.4 Asia-Pacific
            9.4.1 Asia-Pacific Mining Equipment, By Application
            9.4.2 Asia-Pacific Mining Equipment, By Type
            9.4.3 Asia-Pacific Mining Equipment, By Equipment Type
            9.4.4 Asia-Pacific Mining Equipment, By Equipment Category
        9.5 Rest of the World
            9.5.1 Rest of the World Mining Equipment, By Application
            9.5.2 Rest of the World Mining Equipment, By Type
            9.5.3 Rest of the World Mining Equipment, By Equipment Type
            9.5.4 Rest of the World Mining Equipment, By Equipment Category
    10. Competitive Insights
        10.1 Key Insights
        10.2 Company Market Share Analysis
        10.3 Strategic Outlook
            10.3.1 Mergers & Acquisitions
            10.3.2 New Product Development
            10.3.3 Portfolio/Production Capacity Expansions
            10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            10.3.5 Others
    11. Company Profiles
        11.1 Hitachi Construction Machinery
            11.1.1 Company Overview
            11.1.2 Product/Service Landscape
            11.1.3 Financial Overview
            11.1.4 Recent Developments
        11.2 Terex
            11.2.1 Company Overview
            11.2.2 Product/Service Landscape
            11.2.3 Financial Overview
            11.2.4 Recent Developments
        11.3 Atlas Copco
            11.3.1 Company Overview
            11.3.2 Product/Service Landscape
            11.3.3 Financial Overview
            11.3.4 Recent Developments
        11.4 Sany
            11.4.1 Company Overview
            11.4.2 Product/Service Landscape
            11.4.3 Financial Overview
            11.4.4 Recent Developments
        11.5 Doosan
            11.5.1 Company Overview
            11.5.2 Product/Service Landscape
            11.5.3 Financial Overview
            11.5.4 Recent Developments
        11.6 Caterpillar
            11.6.1 Company Overview
            11.6.2 Product/Service Landscape
            11.6.3 Financial Overview
            11.6.4 Recent Developments
        11.7 Volvo Construction Equipment
            11.7.1 Company Overview
            11.7.2 Product/Service Landscape
            11.7.3 Financial Overview
            11.7.4 Recent Developments
        11.8 Komatsu
            11.8.1 Company Overview
            11.8.2 Product/Service Landscape
            11.8.3 Financial Overview
            11.8.4 Recent Developments
        11.9 Sandvik
            11.9.1 Company Overview
            11.9.2 Product/Service Landscape
            11.9.3 Financial Overview
            11.9.4 Recent Developments
        11.10 Liebherr
            11.10.1 Company Overview
            11.10.2 Product/Service Landscape
            11.10.3 Financial Overview
            11.10.4 Recent Developments
                11.11 Astec Industries Incorporated
            11.11.1 Company Overview
            11.11.2 Product/Service Landscape
            11.11.3 Financial Overview
            11.11.4 Recent Developments
        11.12 Bell Equipment Limited
            11.12.1 Company Overview
            11.12.2 Product/Service Landscape
            11.12.3 Financial Overview
            11.12.4 Recent Developments
        11.13 Boart Longyear Ltd.
            11.13.1 Company Overview
            11.13.2 Product/Service Landscape
            11.13.3 Financial Overview
            11.13.4 Recent Developments
        11.14 Bradken Limited
            11.14.1 Company Overview
            11.14.2 Product/Service Landscape
            11.14.3 Financial Overview
            11.14.4 Recent Developments
        11.15 Caterpillar Inc
            11.15.1 Company Overview
            11.15.2 Product/Service Landscape
            11.15.3 Financial Overview
            11.15.4 Recent Developments
        11.16 China Coal Energy Company Limited
            11.16.1 Company Overview
            11.16.2 Product/Service Landscape
            11.16.3 Financial Overview
            11.16.4 Recent Developments
        11.17 CNH Industrial NV
            11.17.1 Company Overview
            11.17.2 Product/Service Landscape
            11.17.3 Financial Overview
            11.17.4 Recent Developments
        11.18 Corum Group
            11.18.1 Company Overview
            11.18.2 Product/Service Landscape
            11.18.3 Financial Overview
            11.18.4 Recent Developments
        11.19 Doosan Group
            11.19.1 Company Overview
            11.19.2 Product/Service Landscape
            11.19.3 Financial Overview
            11.19.4 Recent Developments
        11.20 FLSmidth & Co
            11.20.1 Company Overview
            11.20.2 Product/Service Landscape
            11.20.3 Financial Overview
            11.20.4 Recent Developments
         11.21 Furukawa Co., Ltd
            11.21.1 Company Overview
            11.21.2 Product/Service Landscape
            11.21.3 Financial Overview
            11.21.4 Recent Developments

    The Mining Equipment Market has been segmented as below:

    Mining Equipment Market, By Application

    • Mineral Mining
    • Coal Mining
    • Metal Mining

    Mining Equipment Market, By Type

    • Mining Drills & Breakers
    • Crushing, Pulverizing & Screening Equipment
    • Underground Mining Equipment
    • Surface Mining Equipment
    • Mineral Processing Equipment
    • Others

    Mining Equipment Market, By Equipment Type

    • Lhd
    • Mining Trucks

    Mining Equipment Market, By Equipment Category

    • Underground Mining
    • Surface Mining

    Mining Equipment Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Mining Equipment Market, By Company

    • Hitachi Construction Machinery
    • Terex
    • Atlas Copco
    • Sany
    • Doosan
    • Caterpillar
    • Volvo Construction Equipment
    • Komatsu
    • Sandvik
    • Liebherr
    • Astec Industries Incorporated
    • Bell Equipment Limited
    • Boart Longyear Ltd
    • Bradken Limited
    • China Coal Energy Company Limited
    • CNH Industrial NV
    • Corum Group
    • Doosan Group
    • FLSmidth & Co
    • Furukawa Co., Ltd.
    • Joy Global Inc

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    The market is expected to grow at a CAGR of 12.5% during the study period (2022-2027)
    The global Mining Equipment Market Expected to Exceed more than US$ 116 Billion by 2027
    The segment included in the Mining Equipment Market is Application, Type, Equipment Type, Equipment Category and Region.
    Some key players operating in the Mining Equipment Market include Hitachi Construction Machinery, Terex, Atlas Copco, Sany, Doosan
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