Market Overview:
The global mineral processing mining machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for minerals and metals across the globe, coupled with the rising need for efficient and advanced mining equipment. In addition, the growing awareness about environment-friendly and fuel-efficient mining technologies is also propelling the growth of this market. Based on type, the global mineral processing mining machinery market can be segmented into fuel power and electric power segments. The electric power segment is expected to witness higher growth during the forecast period owing to its advantages such as high efficiency, low emissions, and easy operability.
Product Definition:
Mineral processing is a process that extracts valuable minerals from their ores. The process of mineral processing can involve grinding, flotation, thickening, and filtration.
Fuel Power:
Fuel power is the energy derived from fuels used in industrial processes such as mineral processing, mining machinery, and others. It is primarily used to operate equipment such as engines and heaters. The amount of fuel required depends on the type of process being carried out.
The growth factor in fuel power usage depends upon factors such as raw material availability, technological developments in processing industries coupled with government regulations regarding environmental pollution control and safety standards for workers operating heavy machinery.
Electric Power:
Electric power is the rate of energy consumption and it's used in mineral processing mining machinery. It can be defined as the rate or strength with which a signal is transmitted. The more powerful the signal, the greater will be its ability to do work. In other words, electric power can be described as either useful or effective pressure that creates a force over which an object may fall and perform work on another object (or objects) for getting things done.
Application Insights:
The metal mining application segment led the global mineral processing mining machinery market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for metals, such as copper, zinc and lead, has resulted in an increased focus on these minerals. This trend is expected to continue over the next few years due to increasing industrialization and urbanization mainly in Asia Pacific region.
Mineral Processing plants are widely used across various industries including construction materials (metals), consumer goods (mineral resources) and energy generation (fuel & electricity). The growing demand for construction materials coupled with a rise in population globally has resulted in an increased focus on this sector which will positively influence industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of large-scale mineral processing industries coupled with rising demand for industrial machinery from China and India. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing metal production in China, which is one of the largest consumers of fuel power as well as electric power mining machines.
The European regional market accounted for a significant share due to high demand from countries, such as Germany, Italy and France that are majorly driven by automotive industry growth coupled with growing investments in renewable energy sources such as biomass gasification combined cycle plants and waste heat recovery steam generators used for generating electricity. These factors are anticipated to drive product demand over the next eight years.
In North America, U.S., Canada and Mexico constitute a large consumer base driving product sales across all categories including fuel power mining machinery; electric power machines; surface drilling rigs; underground equipment etc.
Growth Factors:
- Increasing demand for mineral processing mining machinery from the construction and infrastructure sectors
- Rising adoption of mineral processing mining machinery in developing countries for efficient extraction of minerals
- Technological advancements in mineral processing mining machinery that improve performance and efficiency
- Growing awareness about the benefits of using mineral processing mining machinery among small-scale miners
- Increasing investments by leading players in research and development to develop new and innovative products
Scope Of The Report
Report Attributes
Report Details
Report Title
Mineral Processing Mining Machinery Market Research Report
By Type
Fuel Power, Electric Power
By Application
Metal, Mineral, Coal Mining, Others
By Companies
AB Volvo, Caterpillar, Doosan Corporation, Metso Corporation, Epiroc AB, Sandvik AB, Komastu Ltd, Hitachi Ltd, FEECO INTERNATIOAL, Immersive Technologies, AB Volvo, Liebherr-International, Atlas Copco AB, China Coal Energy Company
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Mineral Processing Mining Machinery Market Report Segments:
The global Mineral Processing Mining Machinery market is segmented on the basis of:
Types
Fuel Power, Electric Power
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
Metal, Mineral, Coal Mining, 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:
- AB Volvo
- Caterpillar
- Doosan Corporation
- Metso Corporation
- Epiroc AB
- Sandvik AB
- Komastu Ltd
- Hitachi Ltd
- FEECO INTERNATIOAL
- Immersive Technologies
- AB Volvo
- Liebherr-International
- Atlas Copco AB
- China Coal Energy Company
Highlights of The Mineral Processing Mining Machinery 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:
- Fuel Power
- Electric Power
- By Application:
- Metal
- Mineral
- Coal Mining
- 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 Mineral Processing Mining Machinery 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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 machinery is used to extract minerals from the earth. The machines use a variety of methods, including drilling, blasting, and crushing.
Some of the major players in the mineral processing mining machinery market are AB Volvo, Caterpillar, Doosan Corporation, Metso Corporation, Epiroc AB, Sandvik AB, Komastu Ltd, Hitachi Ltd, FEECO INTERNATIOAL, Immersive Technologies, AB Volvo, Liebherr-International, Atlas Copco AB, China Coal Energy Company.
The mineral processing mining machinery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mineral Processing Mining Machinery Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Mineral Processing Mining Machinery Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mineral Processing Mining Machinery Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Mineral Processing Mining Machinery Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Mineral Processing Mining Machinery Market Size & Forecast, 2018-2028 4.5.1 Mineral Processing Mining Machinery Market Size and Y-o-Y Growth 4.5.2 Mineral Processing Mining Machinery Market Absolute $ Opportunity
Chapter 5 Global Mineral Processing Mining Machinery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mineral Processing Mining Machinery Market Size Forecast by Type
5.2.1 Fuel Power
5.2.2 Electric Power
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mineral Processing Mining Machinery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mineral Processing Mining Machinery Market Size Forecast by Applications
6.2.1 Metal
6.2.2 Mineral
6.2.3 Coal Mining
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mineral Processing Mining Machinery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mineral Processing Mining Machinery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mineral Processing Mining Machinery Analysis and Forecast
9.1 Introduction
9.2 North America Mineral Processing Mining Machinery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mineral Processing Mining Machinery Market Size Forecast by Type
9.6.1 Fuel Power
9.6.2 Electric Power
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mineral Processing Mining Machinery Market Size Forecast by Applications
9.10.1 Metal
9.10.2 Mineral
9.10.3 Coal Mining
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mineral Processing Mining Machinery Analysis and Forecast
10.1 Introduction
10.2 Europe Mineral Processing Mining Machinery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mineral Processing Mining Machinery Market Size Forecast by Type
10.6.1 Fuel Power
10.6.2 Electric Power
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mineral Processing Mining Machinery Market Size Forecast by Applications
10.10.1 Metal
10.10.2 Mineral
10.10.3 Coal Mining
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mineral Processing Mining Machinery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mineral Processing Mining Machinery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mineral Processing Mining Machinery Market Size Forecast by Type
11.6.1 Fuel Power
11.6.2 Electric Power
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mineral Processing Mining Machinery Market Size Forecast by Applications
11.10.1 Metal
11.10.2 Mineral
11.10.3 Coal Mining
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mineral Processing Mining Machinery Analysis and Forecast
12.1 Introduction
12.2 Latin America Mineral Processing Mining Machinery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mineral Processing Mining Machinery Market Size Forecast by Type
12.6.1 Fuel Power
12.6.2 Electric Power
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mineral Processing Mining Machinery Market Size Forecast by Applications
12.10.1 Metal
12.10.2 Mineral
12.10.3 Coal Mining
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mineral Processing Mining Machinery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mineral Processing Mining Machinery Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mineral Processing Mining Machinery Market Size Forecast by Type
13.6.1 Fuel Power
13.6.2 Electric Power
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mineral Processing Mining Machinery Market Size Forecast by Applications
13.10.1 Metal
13.10.2 Mineral
13.10.3 Coal Mining
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mineral Processing Mining Machinery Market: Competitive Dashboard
14.2 Global Mineral Processing Mining Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AB Volvo
14.3.2 Caterpillar
14.3.3 Doosan Corporation
14.3.4 Metso Corporation
14.3.5 Epiroc AB
14.3.6 Sandvik AB
14.3.7 Komastu Ltd
14.3.8 Hitachi Ltd
14.3.9 FEECO INTERNATIOAL
14.3.10 Immersive Technologies
14.3.11 AB Volvo
14.3.12 Liebherr-International
14.3.13 Atlas Copco AB
14.3.14 China Coal Energy Company