Mining Equipment Market, By Type (Mineral Processing Equipment (Portable, Stationary); Surface Mining Equipment (Articulated dump truck, Crawler dozer, Crawler excavator, and Others); Underground Mining Equipment (Hydraulic excavators, Mining dozers, Underground haulers, and Others); Mining Drills & Breakers (Drills, Breakers); Crushing, Pulverizing & Screening Equipment (Portable, Stationary), and Others), By Application (Metal Mining, Mineral Mining, and Coal Mining), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Mining Equipment is the machinery used for the extraction of minerals, metals, water and oil from earth. Its applications include dredging, excavating, mining, and quarrying. Blasting is a key component of mining operations and is used to break down rocks in order to extract the minerals that have been sought after. Electric blasting tools offer precise control over the explosive charges and are often a preferred choice for this purpose. Crushing is another important piece of mining equipment, and crushing machines help miners move waste materials around their site. These machines crush large volumes of rubble into dust, making them much easier to load onto trucks and other haulers.
Market Dynamics:
Increased demand for coal, iron ore, and copper is anticipated to fuel the mining equipment market. Moreover, the availability of cost-effective renewable energy sources and strict government norms on carbon emission are also contributing to the growth of this industry.
However, the factors such as stringent government regulations and incompetent infrastructures are projected to restrain growth of the global mining equipment market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global mining equipment market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global mining equipment market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Epiroc Ab, AB Volvo (Volvo Construction Equipment), Doosan Corporation, Caterpillar Inc., and Deere & Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global mining equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global mining equipment market
- Global Mining Equipment Market By Type:
- Mineral Processing Equipment
- Portable
- Stationary
- Surface Mining Equipment
- Articulated dump truck
- Crawler dozer
- Crawler excavator
- Others
- Underground Mining Equipment
- Hydraulic excavators
- Mining dozers
- Underground haulers
- Others
- Mining Drills & Breakers
- Drills
- Breakers
- Crushing, Pulverizing & Screening Equipment
- Portable
- Stationary
- Others
- Global Mining Equipment Market By Application:
- Metal Mining
- Mineral Mining
- Coal Mining
- Global Mining Equipment Market By Region:
- North America
- U.S.
- Canada
- Europe
- Eastern Europe
- Western Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- Latin America
- Middle East
- Africa
- Company Profiles
- Epiroc Ab
- AB Volvo (Volvo Construction Equipment)
- Doosan Corporation
- Caterpillar Inc.
- Deere & Compan
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Growing demand for underground mining equipment
- Increase in consumption of natural resources in electronics industry
- Restraints
- Stringent regulations by governments
- Incompetent infrastructure for crushing and screening industry
- Opportunities
- Growing demand for technologically developed mining equipment
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Mining Equipment Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Mining Equipment Market, By Type, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Mineral Processing Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Portable
- Stationary
- Surface Mining Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Articulated dump truck
- Crawler dozer
- Crawler excavator
- Others
- Underground Mining Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Hydraulic excavators
- Mining dozers
- Underground haulers
- Others
- Mining Drills & Breakers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Drills
- Breakers
- Crushing, Pulverizing & Screening Equipment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Portable
- Stationary
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- 6. Global Mining Equipment Market, By Application, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Metal Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Mineral Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Coal Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- 7. Mining Equipment Market, By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Mn)
- 8. Competitive Landscape
- Epiroc Ab
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- AB Volvo (Volvo Construction Equipment)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Doosan Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Caterpillar Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Deere & Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Mining Equipment Market” - Global forecast to 2030
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