Middle East Underground Mining Equipment Market Size, Share & Trends Analysis Report By Equipment (Shuttle Cars, Load Haul Dump, Articulated Vehicles, Underground Mining Trucks), By Mining Technique, By Application, By Country, And Segment Forecasts, 2025
Description
Middle East Underground Mining Equipment Market Summary
The Middle East underground mining equipment market size was estimated at USD 2.89 billion in 2024 and is projected to reach USD 5.34 billion by 2033, growing at a CAGR of 7.1% from 2025 to 2033. The demand for underground mining equipment is anticipated to grow due to increased investment in mineral extraction and natural resource development.
Countries like Saudi Arabia and the UAE are expanding mining operations as part of economic diversification efforts. Demand for advanced machinery such as Load-Haul-Dump (LHD) vehicles and drilling equipment is rising. Additionally, the shift toward underground mining methods is driving the need for safer, more efficient, and technologically advanced equipment solutions. Compared to surface mining, underground operations involve higher risks and complex conditions, requiring advanced machinery with automation, remote control, and real-time monitoring capabilities. These innovations help reduce hazards, improve productivity, and support sustainable extraction in deeper, harder-to-reach mineral deposits.
Middle East Underground Mining Equipment Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East underground mining equipment market report based on equipment, mining technique, application, and country:
The Middle East underground mining equipment market size was estimated at USD 2.89 billion in 2024 and is projected to reach USD 5.34 billion by 2033, growing at a CAGR of 7.1% from 2025 to 2033. The demand for underground mining equipment is anticipated to grow due to increased investment in mineral extraction and natural resource development.
Countries like Saudi Arabia and the UAE are expanding mining operations as part of economic diversification efforts. Demand for advanced machinery such as Load-Haul-Dump (LHD) vehicles and drilling equipment is rising. Additionally, the shift toward underground mining methods is driving the need for safer, more efficient, and technologically advanced equipment solutions. Compared to surface mining, underground operations involve higher risks and complex conditions, requiring advanced machinery with automation, remote control, and real-time monitoring capabilities. These innovations help reduce hazards, improve productivity, and support sustainable extraction in deeper, harder-to-reach mineral deposits.
Middle East Underground Mining Equipment Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Middle East underground mining equipment market report based on equipment, mining technique, application, and country:
- Equipment Outlook (Revenue, USD Million, 2021 - 2033)
- Shuttle Cars
- Load Haul Dump (LHD)
- Articulated Vehicles
- Underground Mining Trucks
- Scooptrams
- Drills
- Bolters
- Others
- Mining Technique Outlook (Revenue, USD Million, 2021 - 2033)
- Room and Pillar
- Longwall Mining
- Blast Mining
- Others
- Application Outlook (Revenue, USD Million, 2021 - 2033)
- Coal Mining
- Metal Mining
- Mineral Mining
- Country Outlook (Revenue, USD Million, 2021 - 2033)
- Saudi Arabia
- UAE
- Qatar
- Oman
- Israel
Table of Contents
100 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
- Chapter 3. Middle East Underground Mining Equipment Market Variables, Trends & Scope
- 3.1. Market Concentration & Growth Prospect Mapping
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material/Component Outlook
- 3.2.2. Manufacturer Outlook
- 3.2.3. Distribution Outlook
- 3.2.4. End User Outlook
- 3.3. Regulatory Framework
- 3.4. Technology Overview
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Economic Mega-Trend Analysis
- 3.7. Industry Analysis Tools
- 3.7.1. Porter’s Five Forces Analysis
- 3.7.2. Macro-environmental Analysis
- Chapter 4. Middle East Underground Mining Equipment Market: Equipment Estimates & Trend Analysis
- 4.1. Equipment Movement Analysis & Market Share, 2024 & 2033
- 4.2. Middle East Underground Mining Equipment Market Estimates & Forecast, By Equipment, 2021 to 2033 (USD Million)
- 4.3. Shuttle Cars
- 4.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4. Load Haul Dump (LHD)
- 4.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.5. Articulated Vehicles
- 4.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.6. Underground Mining Trucks
- 4.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.7. Scooptrams
- 4.7.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.8. Drills
- 4.8.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.9. Bolters
- 4.9.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.10. Others
- 4.10.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 5. Middle East Underground Mining Equipment Market: Mining Technique Estimates & Trend Analysis
- 5.1. Mining Technique Movement Analysis & Market Share, 2024 & 2033
- 5.2. Middle East Underground Mining Equipment Market Estimates & Forecast, By Mining Technique, 2021 to 2033 (USD Million)
- 5.3. Room and Pillar
- 5.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4. Longwall Mining
- 5.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5. Blast Mining
- 5.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.6. Others
- 5.6.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 6. Middle East Underground Mining Equipment Market: Application Estimates & Trend Analysis
- 6.1. Application Movement Analysis & Market Share, 2024 & 2033
- 6.2. Middle East Underground Mining Equipment Market Estimates & Forecast, By Application, 2021 to 2033 (USD Million)
- 6.3. Coal Mining
- 6.3.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. Metal Mining
- 6.4.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. Mineral Mining
- 6.5.1. Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- Chapter 7. Middle East Underground Mining Equipment Market: Country Estimates & Trend Analysis
- 7.1. Country Movement Analysis & Market Share, 2024 & 2033
- 7.2. Saudi Arabia
- 7.2.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
- 7.2.2. Market estimates & forecast, by equipment, 2021 - 2033 (USD Million)
- 7.2.3. Market estimates & forecast, by mining technique, 2021 - 2033 (USD Million)
- 7.2.4. Market estimates & forecast, by application, 2021 - 2033 (USD Million)
- 7.3. UAE
- 7.3.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
- 7.3.2. Market estimates & forecast, by equipment, 2021 - 2033 (USD Million)
- 7.3.3. Market estimates & forecast, by mining technique, 2021 - 2033 (USD Million)
- 7.3.4. Market estimates & forecast, by application, 2021 - 2033 (USD Million)
- 7.4. Qatar
- 7.4.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
- 7.4.2. Market estimates & forecast, by equipment, 2021 - 2033 (USD Million)
- 7.4.3. Market estimates & forecast, by mining technique, 2021 - 2033 (USD Million)
- 7.4.4. Market estimates & forecast, by application, 2021 - 2033 (USD Million)
- 7.5. Oman
- 7.5.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
- 7.5.2. Market estimates & forecast, by equipment, 2021 - 2033 (USD Million)
- 7.5.3. Market estimates & forecast, by mining technique, 2021 - 2033 (USD Million)
- 7.5.4. Market estimates & forecast, by application, 2021 - 2033 (USD Million)
- 7.6. Israel
- 7.6.1. Market Estimates & Forecast, 2021 - 2033 (USD Million)
- 7.6.2. Market estimates & forecast, by equipment, 2021 - 2033 (USD Million)
- 7.6.3. Market estimates & forecast, by mining technique, 2021 - 2033 (USD Million)
- 7.6.4. Market estimates & forecast, by application, 2021 - 2033 (USD Million)
- Chapter 8. Middle East Underground Mining Equipment Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Dashboard Analysis
- 8.4. Company Positioning Analysis, 2024
- 8.5. Company Heat Map Analysis, 2024
- 8.6. Strategy Mapping
- 8.7. Company Profiles
- 8.7.1. Caterpillar Inc
- 8.7.1.1. Participant’s overview
- 8.7.1.2. Financial performance
- 8.7.1.3. Product benchmarking
- 8.7.1.4. Recent developments
- 8.7.2. Sandvik AB
- 8.7.2.1. Participant’s overview
- 8.7.2.2. Financial performance
- 8.7.2.3. Product benchmarking
- 8.7.2.4. Recent developments
- 8.7.3. Komatsu
- 8.7.3.1. Participant’s overview
- 8.7.3.2. Financial performance
- 8.7.3.3. Product benchmarking
- 8.7.3.4. Recent developments
- 8.7.4. Sany Group
- 8.7.4.1. Participant’s overview
- 8.7.4.2. Financial performance
- 8.7.4.3. Product benchmarking
- 8.7.4.4. Recent developments
- 8.7.5. XCMG Group
- 8.7.5.1. Participant’s overview
- 8.7.5.2. Financial performance
- 8.7.5.3. Product benchmarking
- 8.7.5.4. Recent developments
- 8.7.6. Boart Longyear
- 8.7.6.1. Participant’s overview
- 8.7.6.2. Financial performance
- 8.7.6.3. Product benchmarking
- 8.7.6.4. Recent developments
- 8.7.7. Epiroc AB
- 8.7.7.1. Participant’s overview
- 8.7.7.2. Financial performance
- 8.7.7.3. Product benchmarking
- 8.7.7.4. Recent developments
- 8.7.8. SMT Scharf GmbH
- 8.7.8.1. Participant’s overview
- 8.7.8.2. Financial performance
- 8.7.8.3. Product benchmarking
- 8.7.8.4. Recent developments
- 8.7.9. Schmidt
- 8.7.9.1. Participant’s overview
- 8.7.9.2. Financial performance
- 8.7.9.3. Product benchmarking
- 8.7.9.4. Recent developments
- 8.7.10. Kranz & Co. GmbH
- 8.7.10.1. Participant’s overview
- 8.7.10.2. Financial performance
- 8.7.10.3. Product benchmarking
- 8.7.10.4. Recent developments
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