Global Mining Equipment

This report forecasts to 2029 global demand for mining equipment by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: surface mining machinery; underground mining machinery; drills and breakers; crushing, pulverizing, and screening equipment; mineral processing and other machinery; and parts and attachments. Reported markets encompass: minerals mining, metals mining, and coal mining.

Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2019 and 2024. Finally, global production is segmented by major world region and provided for 2019, 2024, and 2029.

Excluded from the scope of this report are certain products that can be used at mining sites and are sometimes considered to be mining machinery, including general purpose material handling and oilfield equipment, and dry stacking equipment. Also excluded is used and rebuilt mining machinery of all types.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate at that prevailing in 2024.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:

• 333120 Construction Machinery Manufacturing
• 333131 Mining Machinery & Equipment Manufacturing