The global mining equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for mineral and coal mining equipment in emerging economies such as India and China. The metal mining segment accounted for the largest share of the global mining equipment market in 2017, followed by mineral mining and coal mining segments. The surface mining segment accounted for the largest share of the global surface mine equipment market in 2017, followed by underground mine equipment and drilling & breaking machinery segments respectively. The metal ore segment accounted for the largest share of metal ore processing machinery in 2017, followed by coal processing machinery and mineral processing machinery respectively.
Some Of The Growth Factors Of This Market:
- Mining equipment is a capital-intensive industry, and the cost of mining equipment has been increasing over time.
- The demand for mining equipment is expected to increase in the future as more countries are developing their economies and need to extract minerals from the earth.
- Mining companies are investing in new technologies that will make it easier for them to extract minerals from the earth, which will lead to an increase in demand for mining equipment.
- The price of commodities such as copper, gold, and coal have been increasing over time due to increased demand from emerging markets such as China and India; this has led many miners to invest heavily in new technologies that will allow them to extract these minerals more efficiently than before so they can maintain profitability while prices are high.
- Mining companies have been investing heavily into research and development of new technologies that will make it easier for them to extract minerals from the earth; this investment is expected continue into 2020.
Industry Growth Insights published a new data on “Mining Equipment Market”. The research report is titled “Mining Equipment Market research by Types (Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment, Mining Drills & Breakers, Crushing, Pulverizing, & Screening Equipment, Others), By Applications (Metal Mining, Mineral Mining, Coal Mining), By Players/Companies Caterpillar(BUCYRUS), Komatsu, Liebherr, Hitachi, Terex Mining, Joy Global(P&H), IZ-KARTEX(OMZ), Taiyuan Heavy Industry, SANYI”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mining Equipment Market Research Report
By Type
Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment, Mining Drills & Breakers, Crushing, Pulverizing, & Screening Equipment, Others
By Application
Metal Mining, Mineral Mining, Coal Mining
By Companies
Caterpillar(BUCYRUS), Komatsu, Liebherr, Hitachi, Terex Mining, Joy Global(P&H), IZ-KARTEX(OMZ), Taiyuan Heavy Industry, SANYI
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Mining Equipment Market Report Segments:
The global Mining Equipment market is segmented on the basis of:
Types
Mineral Processing Equipment, Surface Mining Equipment, Underground Mining Equipment, Mining Drills & Breakers, Crushing, Pulverizing, & Screening Equipment, Others
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 Mining, Mineral Mining, Coal Mining
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:
- Caterpillar(BUCYRUS)
- Komatsu
- Liebherr
- Hitachi
- Terex Mining
- Joy Global(P&H)
- IZ-KARTEX(OMZ)
- Taiyuan Heavy Industry
- SANYI
Highlights of The Mining Equipment 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:
- Mineral Processing Equipment
- Surface Mining Equipment
- Underground Mining Equipment
- Mining Drills & Breakers
- Crushing, Pulverizing, & Screening Equipment
- Others
- By Application:
- Metal Mining
- Mineral Mining
- Coal Mining
- 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 Mining Equipment 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 equipment is a set of tools and machines used in the extraction of minerals from the earth. Mining typically refers to extracting coal, oil, or other natural resources from the ground.
Some of the major companies in the mining equipment market are Caterpillar(BUCYRUS), Komatsu, Liebherr, Hitachi, Terex Mining, Joy Global(P&H), IZ-KARTEX(OMZ), Taiyuan Heavy Industry, SANYI.
The mining equipment market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mining Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Mining Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mining Equipment Market - Supply Chain
4.5. Global Mining Equipment Market Forecast
4.5.1. Mining Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mining Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mining Equipment Market Absolute $ Opportunity
5. Global Mining Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Mining Equipment Market Size and Volume Forecast by Type
5.3.1. Mineral Processing Equipment
5.3.2. Surface Mining Equipment
5.3.3. Underground Mining Equipment
5.3.4. Mining Drills & Breakers
5.3.5. Crushing, Pulverizing, & Screening Equipment
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mining Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Mining Equipment Market Size and Volume Forecast by Application
6.3.1. Metal Mining
6.3.2. Mineral Mining
6.3.3. Coal Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mining Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Mining Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Mining Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Mining Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Mining Equipment Demand Share Forecast, 2019-2026
9. North America Mining Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Mining Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Mining Equipment Market Size and Volume Forecast by Application
9.4.1. Metal Mining
9.4.2. Mineral Mining
9.4.3. Coal Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mining Equipment Market Size and Volume Forecast by Type
9.7.1. Mineral Processing Equipment
9.7.2. Surface Mining Equipment
9.7.3. Underground Mining Equipment
9.7.4. Mining Drills & Breakers
9.7.5. Crushing, Pulverizing, & Screening Equipment
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Mining Equipment Demand Share Forecast, 2019-2026
10. Latin America Mining Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Mining Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Mining Equipment Market Size and Volume Forecast by Application
10.4.1. Metal Mining
10.4.2. Mineral Mining
10.4.3. Coal Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mining Equipment Market Size and Volume Forecast by Type
10.7.1. Mineral Processing Equipment
10.7.2. Surface Mining Equipment
10.7.3. Underground Mining Equipment
10.7.4. Mining Drills & Breakers
10.7.5. Crushing, Pulverizing, & Screening Equipment
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Mining Equipment Demand Share Forecast, 2019-2026
11. Europe Mining Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Mining Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Mining Equipment Market Size and Volume Forecast by Application
11.4.1. Metal Mining
11.4.2. Mineral Mining
11.4.3. Coal Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mining Equipment Market Size and Volume Forecast by Type
11.7.1. Mineral Processing Equipment
11.7.2. Surface Mining Equipment
11.7.3. Underground Mining Equipment
11.7.4. Mining Drills & Breakers
11.7.5. Crushing, Pulverizing, & Screening Equipment
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Mining Equipment Demand Share, 2019-2026
12. Asia Pacific Mining Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Mining Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Mining Equipment Market Size and Volume Forecast by Application
12.4.1. Metal Mining
12.4.2. Mineral Mining
12.4.3. Coal Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mining Equipment Market Size and Volume Forecast by Type
12.7.1. Mineral Processing Equipment
12.7.2. Surface Mining Equipment
12.7.3. Underground Mining Equipment
12.7.4. Mining Drills & Breakers
12.7.5. Crushing, Pulverizing, & Screening Equipment
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Mining Equipment Demand Share, 2019-2026
13. Middle East & Africa Mining Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Mining Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Mining Equipment Market Size and Volume Forecast by Application
13.4.1. Metal Mining
13.4.2. Mineral Mining
13.4.3. Coal Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mining Equipment Market Size and Volume Forecast by Type
13.7.1. Mineral Processing Equipment
13.7.2. Surface Mining Equipment
13.7.3. Underground Mining Equipment
13.7.4. Mining Drills & Breakers
13.7.5. Crushing, Pulverizing, & Screening Equipment
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Mining Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mining Equipment Market: Market Share Analysis
14.2. Mining Equipment Distributors and Customers
14.3. Mining Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caterpillar(BUCYRUS)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Komatsu
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Liebherr
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hitachi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Terex Mining
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Joy Global(P&H)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. IZ-KARTEX(OMZ)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Taiyuan Heavy Industry
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SANYI
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook