The global Mining Machinery market is projected to reach $40.72 billion by 2028, with a compound annual growth rate (CAGR) of 4.44% from 2021 to 2028. This anticipated growth is driven by several macroeconomic and microeconomic factors, including the increasing adoption of electric machinery in underground mining operations.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Category (Crushing, pulverizing, screening machinery, Mineral processing Backhoe Loader, Surface mining machinery, Underground mining machinery, Others)
By Mining Category (Surface mining, Underground mining)
By Propulsion (Diesel, CNG/LNG/RNG)
By Application (Mineral, Metal, Coal)
Key players
Epiroc AB
Liebherr
Sandvik AB
Komatsu ltd.
Caterpillar inc.
Volvo group
Hitachi construction machinery co., ltd.
Sany heavy equipment international holdings company limited
JCB
Doosan corporation
- Chapter 1. Executive Summary
- Chapter 2. Scope of The Study
- 2.1. Market Definition
- 2.2. Scope of The Study
- 2.2.1. Objectives of Report
- Chapter 3. Evolve BI Methodology
- Chapter 4. Market Insights and Trends
- 4.1. Supply/ Value Chain Analysis
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Threat of New Entrants
- 4.2.2. Bargaining Power of Buyers
- 4.2.3. Bargaining Power of Suppliers
- 4.2.4. Threat of Substitutes
- 4.2.5. Industry Rivalry
- 4.3. Impact of COVID-19 on Mining Machinery Market
- 4.3.1. Impact on Market Size
- 4.3.2. Application Trend, Preferences and Budget Impact
- 4.3.3. Regulatory Framework/Government Policies
- 4.3.4. Key Players Strategy to Tackle Negative Impact
- 4.3.5. Opportunity Window
- Chapter 5. Market Dynamics
- 5.1. Introduction
- 5.2. DRO Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Opportunities
- Chapter 6. Global Mining Machinery Market, By Category
- 6.1. Introduction
- 6.2. Crushing, pulverizing, screening machinery
- 6.3. Mineral processing Backhoe Loader
- 6.4. Surface mining machinery
- 6.5. Underground mining machinery
- 6.6. Others
- Chapter 7. Global Mining Machinery Market, By Mining Category
- 7.1. Introduction
- 7.2. Surface mining
- 7.3. Underground mining
- Chapter 8 Global Mining Machinery Market, By Propulsion
- 6.1. Introduction
- 6.2. Diesel
- 6.3. CNG/LNG/RNG
- Chapter 7. Global Mining Machinery Market, By Application
- 7.1. Introduction
- 7.2. Mineral
- 7.3. Metal
- 7.4. Coal
- Chapter 12. Global Mining Machinery Market, By Region
- 12.1. Introduction
- 12.2. North America
- 12.2.1. Introduction
- 12.2.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.2.3. Market Size and Forecast, By Country, 2020 - 2028
- 12.2.4. Market Size and Forecast, By Category, 2020 - 2028
- 12.2.5. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.2.6. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.2.7. Market Size and Forecast, By Application, 2020 – 2028
- 12.2.8. US
- 12.2.8.1. Introduction
- 12.2.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.2.8.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.2.8.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.2.8.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.2.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.2.9. Canada
- 12.2.9.1. Introduction
- 12.2.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.2.9.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.2.9.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.2.9.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.2.9.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.3. Europe
- 12.3.1. Introduction
- 12.3.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.3. Market Size and Forecast, By Country, 2020 - 2028
- 12.3.4. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.5. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.6. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.7. Market Size and Forecast, By Application, 2020 – 2028
- 12.3.8. Germany
- 12.3.8.1. Introduction
- 12.3.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.8.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.8.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.8.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.3.9. France
- 12.3.9.1. Introduction
- 12.3.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.9.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.9.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.9.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.9.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.3.12. UK
- 12.3.12.1. Introduction
- 12.3.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.12.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.12.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.12.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.12.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.3.11. Italy
- 12.3.11.1. Introduction
- 12.3.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.11.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.11.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.11.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.11.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.3.12. Rest of Europe
- 12.3.12.1. Introduction
- 12.3.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.3.12.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.3.12.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.3.12.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.3.12.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.4. Asia-Pacific
- 12.4.1. Introduction
- 12.4.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.3. Market Size and Forecast, By Country, 2020 - 2028
- 12.4.4. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.5. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.6. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.7. Market Size and Forecast, By Application, 2020 - 2028
- 12.4.8. China
- 12.4.8.1. Introduction
- 12.4.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.8.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.8.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.8.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.4.9. India
- 12.4.9.1. Introduction
- 12.4.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.9.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.9.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.9.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.9.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.4.12. Japan
- 12.4.12.1. Introduction
- 12.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.12.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.12.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.12.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.12.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.4.11. South Korea
- 12.4.11.1. Introduction
- 12.4.11.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.11.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.11.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.11.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.11.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.4.12. Rest of Asia-Pacific
- 12.4.12.1. Introduction
- 12.4.12.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.4.12.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.4.12.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.4.12.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.4.12.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.5. Rest of The World (RoW)
- 12.5.1. Introduction
- 12.5.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.5.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.5.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.5.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.5.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.5.7. Market Size and Forecast, By Region, 2020 - 2028
- 12.5.8. South America
- 12.5.8.1. Introduction
- 12.5.8.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.5.8.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.5.8.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.5.8.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.5.8.6. Market Size and Forecast, By Application, 2020 - 2028
- 12.5.9. Middle East & Africa
- 12.5.9.1. Introduction
- 12.5.9.2. Driving Factors, Opportunity Analyzed and Key Trends
- 12.5.9.3. Market Size and Forecast, By Category, 2020 - 2028
- 12.5.9.4. Market Size and Forecast, By Mining Category, 2020 - 2028
- 12.5.9.5. Market Size and Forecast, By Propulsion, 2020 – 2028
- 12.5.9.6. Market Size and Forecast, By Application, 2020 - 2028
- Chapter 11. Competitive Landscape
- 11.1. Introduction
- 11.2. Vendor Share Analysis, 2020/Key Players Positioning, 2020
- Chapter 12. Company Profiles
- 12.1. Epiroc AB
- 12.1.1. Business Overview
- 12.1.2. Financial Analysis
- 12.1.3. Product Portfolio
- 12.1.4. Recent Development and Strategies Adopted
- 12.1.5. SWOT Analysis
- 12.2. Liebherr
- 12.2.1. Business Overview
- 12.2.2. Financial Analysis
- 12.2.3. Product Portfolio
- 12.2.4. Recent Development and Strategies Adopted
- 12.2.5. SWOT Analysis
- 12.3. Sandvik AB
- 12.3.1. Business Overview
- 12.3.2. Financial Analysis
- 12.3.3. Product Portfolio
- 12.3.4. Recent Development and Strategies Adopted
- 12.3.5. SWOT Analysis
- 12.4. Komatsu ltd.
- 12.4.1. Business Overview
- 12.4.2. Financial Analysis
- 12.4.3. Product Portfolio
- 12.4.4. Recent Development and Strategies Adopted
- 12.4.5. SWOT Analysis
- 12.5. Caterpillar inc.
- 12.5.1. Business Overview
- 12.5.2. Financial Analysis
- 12.5.3. Product Portfolio
- 12.5.4. Recent Development and Strategies Adopted
- 12.5.5. SWOT Analysis
- 12.6. Volvo Group
- 12.6.1. Business Overview
- 12.6.2. Financial Analysis
- 12.6.3. Product Portfolio
- 12.6.4. Recent Development and Strategies Adopted
- 12.6.5. SWOT Analysis
- 12.7. Hitachi construction machinery co., ltd.
- 12.7.1. Business Overview
- 12.7.2. Financial Analysis
- 12.7.3. Product Portfolio
- 12.7.4. Recent Development and Strategies Adopted
- 12.7.5. SWOT Analysis
- 12.8. Sany Heavy Equipment International Holdings Company Limited
- 12.8.1. Business Overview
- 12.8.2. Financial Analysis
- 12.8.3. Product Portfolio
- 12.8.4. Recent Development and Strategies Adopted
- 12.8.5. SWOT Analysis
- 12.9. JCB
- 12.9.1. Business Overview
- 12.9.2. Financial Analysis
- 12.9.3. Product Portfolio
- 12.9.4. Recent Development and Strategies Adopted
- 12.9.5. SWOT Analysis
- 12.12. Doosan Corporation
- 12.12.1. Business Overview
- 12.12.2. Financial Analysis
- 12.12.3. Product Portfolio
- 12.12.4. Recent Development and Strategies Adopted
- 12.12.5. SWOT Analysis
- Chapter 11. Key Takeaways
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