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Global Underground Mining Equipment Supply, Demand and Key Producers, 2026-2032

Publisher GlobalInfoResearch
Published Jan 05, 2026
Length 129 Pages
SKU # GFSH20789589

Description

The global Underground Mining Equipment market size is expected to reach $ 44180 million by 2032, rising at a market growth of 6.6% CAGR during the forecast period (2026-2032).

Underground Mining Equipment is the mining equipment used in the underground. Underground mining is a technique used to access ores and valuable minerals in the ground by digging into the ground to extract them.

Global Underground Mining Equipment key players include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, etc. Global top five players hold a share about 50%.

North America is the largest market, with a share about 30%, followed by Europe, having a share about 25 percent.

In terms of product, Longwall is the largest segment, with a share about 75%. And in terms of application, the largest application is Coal Mining, followed by Metal Mining, Mineral Mining.

This report studies the global Underground Mining Equipment demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Underground Mining Equipment, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Underground Mining Equipment that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Underground Mining Equipment total market, 2021-2032, (USD Million)

Global Underground Mining Equipment total market by region & country, CAGR, 2021-2032, (USD Million)

U.S. VS China: Underground Mining Equipment total market, key domestic companies, and share, (USD Million)

Global Underground Mining Equipment revenue by player, revenue and market share 2021-2026, (USD Million)

Global Underground Mining Equipment total market by Type, CAGR, 2021-2032, (USD Million)

Global Underground Mining Equipment total market by Application, CAGR, 2021-2032, (USD Million)

This report profiles major players in the global Underground Mining Equipment market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, Atlas Copco, Metso, ThyssenKrupp, Liebherr-International, ZMJ, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Underground Mining Equipment market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Underground Mining Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Underground Mining Equipment Market, Segmentation by Type:
Longwall
Room and Pillar

Global Underground Mining Equipment Market, Segmentation by Application:
Coal Mining
Metal Mining
Mineral Mining

Companies Profiled:
Caterpillar
Komatsu (Joy Global)
Volvo
Hitachi Construction Machinery
Sandvik
Atlas Copco
Metso
ThyssenKrupp
Liebherr-International
ZMJ
FLSmidth
Doosan Infracore
China Coal Group

Key Questions Answered

1. How big is the global Underground Mining Equipment market?

2. What is the demand of the global Underground Mining Equipment market?

3. What is the year over year growth of the global Underground Mining Equipment market?

4. What is the total value of the global Underground Mining Equipment market?

5. Who are the Major Players in the global Underground Mining Equipment market?

6. What are the growth factors driving the market demand?

Table of Contents

129 Pages
1 Supply Summary
2 Demand Summary
3 World Underground Mining Equipment Companies Competitive Analysis
4 United States VS China VS Rest of World (by Headquarter Location)
5 Market Analysis by Type
6 Market Analysis by Application
7 Company Profiles
8 Industry Chain Analysis
9 Research Findings and Conclusion
10 Appendix

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