Report cover image

Global Mining Equipment Market (by Type, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

Publisher Koncept Analytics
Published May 30, 2022
Length 78 Pages
SKU # KOAN17199009

Description

Global Mining Equipment Market (by Type, Application & Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The global mining equipment market is expected to reach US$133.2 billion in 2026, growing at a CAGR of 5.00%, during 2022-2026. Factors such as increasing coal consumption in China, rising copper production from underground, growing sales of mineral fertilizers, rising demand for cobalt batteries and increasing use of electric machinery in underground mining would drive the growth of the market. However, the market growth would be challenged by export of used mining machinery to developing countries and stringent regulations on mining activities. A few notable trends may include Upsurge in the copper consumption in passenger vehicles, accelerating capital expenditure in mining industry, use of telematics in mining machinery and growing use of outsourcing equipment.

Mining equipment market is expanding speedily all across the world due to the development in new mining tools and machinery. Technology is becoming a critical differentiating factor for manufacturers and mining companies as digitization and automation are continuously gaining momentum. Key players are focusing on reducing the cost of extraction and equipment maintenance. Moreover, the industry is witnessing a large scale adoption of different clusters of technologies, such as robotics & automation, smart sensors, and 3D printing, to enhance operational efficiency, which is propelling the market growth considerably.

Regionally, the market is analyzed across Asia-Pacific, North America, Europe, and ROW. Asia-Pacific holds the largest market share for mining equipment with India, Australia, and China as the main revenue-generating countries in region.

Scope of the report:

The report provides a comprehensive analysis of the global mining equipment market.

The major regional markets (Asia-Pacific, North America, Europe, and ROW) have been analyzed in detail.

The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.

The the company profiles of leading players (Hitachi Caterpillar Inc., Komatsu Limited, Liebherr, Atlas Copco and Sandvik) are also presented in detail.

Key Target Audience:

Mining Equipment Manufacturers

Supply Chain Partners

End Users (Underground Miners and Surface Miners)

Consulting Firms

Investment Banks

Government Bodies & Regulating Authorities

Table of Contents

78 Pages
1. Market Overview
1.1 Introduction
1.2 Types of Mining Process
Table 1: Types of Mining Process
1.3 Common Heavy Equipment for Mining
Table 2: Common Heavy Equipment for Mining
1.4 Mining Equipment Automation
Table 3: Mining Equipment Automation
1.5 A Typical Mining Equipment Cycle
Table 4: A Typical Mining Equipment Cycle
1.6 Mining Equipment Value Chain
Table 5: Mining Equipment Value Chain
2. COVID-19 Impact
2.1 Downfall in the Iron Ore Production
Table 6: Global Iron Ore Production (2019-2020)
2.2 Decline in Copper Exploration Spending
Table 7: Copper Exploration Spending by Region (2020)
2.3 Fall in the Rig Count
Table 8: The U.S. Total Rig Count (2015-2021)
3. Global Market
3.1 Global Mining Equipment Market by Value
Table 9: Global Mining Equipment Market by Value (2017-2021)
3.2 Global Mining Equipment Market Forecast by Value
Table 10: Global Mining Equipment Market Forecast by Value (2022-2026)
3.3 Global Mining Equipment Market by Type
Table 11: Global Mining Equipment Market by Type (2021)
3.3.1 Global Surface Mining Equipment Market by Value
Table 12: Global Surface Mining Equipment Market by Value (2017-2021)
3.3.2 Global Surface Mining Equipment Market Forecast by Value
Table 13: Global Surface Mining Equipment Market Forecast by Value (2022-2026)
3.3.3 Global Underground Mining Equipment Market by Value
Table 14: Global Underground Mining Equipment Market by Value (2017-2021)
3.3.4 Global Underground Mining Equipment Market Forecast by Value
Table 15: Global Underground Mining Equipment Market Forecast by Value (2022-2026)
3.3.5 Global Mineral Processing Equipment Market by Value
Table 16: Global Mineral Processing Equipment Market by Value (2017-2021)
3.3.6 Global Mineral Processing Equipment Market Forecast by Value
Table 17: Global Mineral Processing Equipment Market Forecast by Value (2022-2026)
3.4 Global Mining Equipment Market by Application
Table 18: Global Mining Equipment Market by Application (2021)
3.4.1 Global Metal Mining Equipment Market by Value
Table 19: Global Metal Mining Equipment Market by Value (2017-2021)
3.4.2 Global Metal Mining Equipment Market Forecast by Value
Table 20: Global Metal Mining Equipment Market Forecast by Value (2022-2026)
3.4.3 Global Non-Metal Mining Equipment Market by Value
Table 21: Global Non-Metal Mining Equipment Market by Value (2017-2021)
3.4.4 Global Non-Metal Mining Equipment Market Forecast by Value
Table 22: Global Non-Metal Mining Equipment Market Forecast by Value (2022-2026)
3.4.5 Global Coal Mining Equipment Market by Value
Table 23: Global Coal Mining Equipment Market by Value (2017-2021)
3.4.6 Global Coal Mining Equipment Market Forecast by Value
Table 24: Global Coal Mining Equipment Market Forecast by Value (2022-2026)
3.5 Global Mining Equipment Market by Regions
Table 25: Global Mining Equipment Market by Regions (2021)
4. Regional Market
4.1 Asia Pacific
4.1.1 Asia Pacific Mining Equipment Market by Value
Table 26: Asia Pacific Mining Equipment Market by Value (2017-2021)
4.1.2 Asia Pacific Mining Equipment Market Forecast by Value
Table 27: Asia Pacific Mining Equipment Market Forecast by Value (2022-2026)
4.2 North America
4.2.1 North America Mining Equipment Market by Value
Table 28: North America Mining Equipment Market by Value (2017-2021)
4.2.2 North America Mining Equipment Market Forecast by Value
Table 29: North America Mining Equipment Market Forecast by Value (2022-2026)
4.2.3 North America Mining Equipment Market by Regions
Table 30: North America Mining Equipment Market by Regions (2021)
4.2.4 The U.S. Mining Equipment Market by Value
Table 31: The U.S. Mining Equipment Market by Value (2017-2021)
4.2.5 The U.S. Mining Equipment Market Forecast by Value
Table 32: The U.S. Mining Equipment Market Forecast by Value (2022-2026)
4.2.6 The U.S. Mining Equipment Market by Type
Table 33: The U.S. Mining Equipment Market by Type (2021)
4.2.7 The U.S. Surface Mining Equipment Market Forecast by Value
Table 34: The U.S. Surface Mining Equipment Market Forecast by Value (2017-2021)
4.2.8 The U.S. Surface Mining Equipment Market Forecast by Value
Table 35: The U.S. Surface Mining Equipment Market Forecast by Value (2022-2026)
4.2.9 The U.S. Underground Mining Equipment Market Forecast by Value
Table 36: The U.S. Underground Mining Equipment Market Forecast by Value (2017-2021)
4.2.10 The U.S. Underground Mining Equipment Market Forecast by Value
Table 37: The U.S. Underground Mining Equipment Market Forecast by Value (2022-2026)
4.3 Europe
4.3.1 Europe Mining Equipment Market by Value
Table 38: Europe Mining Equipment Market by Value (2017-2021)
4.3.2 Europe Mining Equipment Market Forecast by Value
Table 39: Europe Mining Equipment Market Forecast by Value (2022-2026)
4.4 ROW
4.4.1 ROW Mining Equipment Market by Value
Table 40: ROW Mining Equipment Market by Value (2017-2021)
4.4.2 ROW Mining Equipment Market Forecast by Value
Table 41: ROW Mining Equipment Market Forecast by Value (2022-2026)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Increasing Coal Consumption in China
Table 42: Global Coal Consumption by Region (2019-2021)
5.1.2 Rising Copper Production from Underground
Table 43: Percentage of Copper Produced from Underground Mining (2019-2030)
5.1.3 Growing Sales of Mineral Fertilizers
Table 44: Global Mineral Fertilizers Market (2020-2024)
5.1.4 Rising Demand for Cobalt Batteries
Table 45: Global Cobalt Batteries Demand (2017-2025)
5.1.5 Increasing Use of Electric Machinery in Underground Mining
5.2 Key Trends & Developments
5.2.1 Upsurge in the Copper Consumption in Passenger Vehicles
Table 46: Global Copper Consumption in EVs and ICE Passenger Vehicles (2020-2025)
5.2.2 Accelerating Capital Expenditure in Mining Industry
Table 47: Capital Expenditure of Top 20 Miners Worldwide (2018-2021)
5.2.3 Use of Telematics in Mining Machinery
5.2.4 Growing Use of Outsourcing Equipment
5.3 Challenges
5.3.1 Export of Used Mining Machinery to Developing Countries
5.3.2 Stringent Regulations on Mining Activities
6. Company Profiles
6.1 Hitachi
6.1.1 Business Overview
6.2 Caterpillar Inc.
6.2.1 Business Overview
6.3 Komatsu Limited
6.3.1 Business Overview
6.4 Liebherr
6.4.1 Business Overview
6.5 Atlas Copco
6.5.1 Business Overview
6.6 Sandvik
6.6.1 Business Overview

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us