Mining Remanufacturing Components Market By Component (Engine, Hydraulic Cylinder, Axle, Transmission, Differential, Torque Convertor, Final Drive), Equipment (Excavator, Mine Truck, Wheel Loader, Dozer), Industry, Region - Global Forecast to 2027

Mining Remanufacturing Components Market By Component (Engine, Hydraulic Cylinder, Axle, Transmission, Differential, Torque Convertor, Final Drive), Equipment (Excavator, Mine Truck, Wheel Loader, Dozer), Industry, Region - Global Forecast to 2027

Lower cost of remanufactured mining components and increasing mining activities will drive the mining remanufacturing components market.
The mining remanufacturing components market is projected to grow at a CAGR of 3.5% during the forecast period, to reach a market size of USD 5.0 billion by 2027 from USD 3.8 billion in 2019. Market growth can be attributed to factors such as lower cost of remanufactured mining components as compared with new parts and growing mining equipment parc across the globe. On the other hand, rising developments in electric mining equipment and the growing presence of local players are few concerns for this market.

Wheel loader is estimated to be the fastest growing market for mining remanufacturing components market, by equipment, during the forecast period
Wheel loader is mainly used to transmit material from one place to another. With the growing mining activity around the globe, the demand for wheel loaders is consistent, and the sales are projected to grow to above average during the forecast period. Therefore, parc of the wheel loaders is also significant during the forecast period. This makes the wheel loader the fastest growing segment of the mining remanufacturing components market. Also, some activities cannot be completed by huge bulldozers due to their sizes but can be easily finished using wheel loaders due to their flexibility. This factor is also driving the global wheel loaders market. Americas is the largest market for wheel loaders, followed by Asia Oceania and Europe.

Mining remanufacturing components market for the mineral industry will be the fastest growing for the projected year
Metals considered in the study are iron, copper, and gold as they have the largest deposits. According to the National Bureau of Statistics, Australia, Brazil, China, and India account for the largest iron production. China, Peru, and the US accounted for the highest copper production, whereas China, Russia, and the US accounted for the largest gold production, as of 2017. Asia Oceania is projected to be the fastest growing market for mining equipment because of vast deposits and increasing commodity prices. China, South Africa, and Russia account for the largest mineral deposits. According to key industry experts, the demand for mining equipment for mining minerals is expected to be more than that for metals and coals.

The Americas and Asia Oceania— The largest and the fastest growing mining remanufacturing component’s market, respectively
The Americas is estimated to be the most prominent market for mining remanufacturing components owing to factors such as low-interest rates, increasing demand for commodities coupled with investments in the mining industry. US, Canada, Peru, and Mexico together account for major market for mining remanufacturing components market due to the significant presence of mining industry in these countries. Asia Oceania region is anticipated to be the fastest growing market for mining remanufacturing components. The region has witnessed growth in mining operations due to the increasing demand for raw materials. This has resulted in the presence of several international companies in this region. Hence, due to the rising mining activities and the presence of key players, the Asia Oceania market is estimated to be the fastest growing market during the projected years.

BREAKDOWN OF PRIMARIES
The study contains insights provided by various industry experts, ranging from equipment manufacturers, OEMs, and Tier-1 suppliers to regional associations members. The break-up of the primaries is as follows:
By Company Type - Tier I - 21%, and OEMs - 79%
By Designation: C-level executives - 40%, and Directors - 60%
By Region: Americas - 70%, Europe - 20%, Asia Oceania - 10%
Note: *Tier I are system suppliers to OEM, and OEMs are mining remanufacturing components manufacturers

The report provides detailed profiles of the following companies:
Caterpillar (US)
Komatsu (Japan)
Hitachi Construction Machinery (Japan)
Liebherr (Switzerland)
Epiroc (Sweden)
Atlas Copco (Sweden)
JCB (UK)
Volvo Construction Equipment (Sweden)
SRC Holdings Corporation (US)
Swanson Industries (US)

Research Coverage
The primary objective of the study is to define, describe, and forecast the mining remanufacturing components market in terms of remanufactured mining components (engine, axle, hydraulic cylinder, transmission, differential, torque converter, and final drive). The mining remanufacturing components market is segmented further by equipment type (hydraulic cylinder, mine/haul truck, wheel loaders, wheel dozers, and crawler dozers). The mining remanufacturing components market is segmented further by industry (coal, metal, and minerals). Also, mining remanufacturing components market is segmented by region—Asia Oceania, Europe, and the Americas. It tracks and analyzes competitive developments such as market ranking analysis, expansions, joint ventures, acquisitions, and other activities carried out by key industry participants.

Reasons for buying the report
The study provides a qualitative and quantitative analysis of the mining remanufacturing components market, by components type, in volume (Units) and value (USD million), at country and regional level.
The study provides a qualitative and quantitative analysis of the mining remanufacturing components market, by equipment type, in volume (Units) and value (USD million), at country and regional level. The study provides a qualitative and quantitative analysis of mining remanufacturing components, by industry in volume (Units) and value (USD million), at the regional level.
The study includes the profiles of the ten key companies and an additional ten companies, which have a significant impact on the market, along with their financial structure, recent developments, and product portfolio.
The report covers the competitive landscape, which reflects the market ranking analysis of leading players along with the dominant strategy adopted by these stakeholders to retain their position.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
      • Table CURRENCY EXCHANGE RATES (W.R.T. PER USD)
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • SECONDARY DATA
      • KEY SECONDARY SOURCES
      • KEY SECONDARY SOURCES FOR MARKET SIZING
      • KEY DATA FROM SECONDARY SOURCES
    • PRIMARY DATA
      • SAMPLING TECHNIQUES & DATA COLLECTION METHODS
      • PRIMARY PARTICIPANTS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • MINING REMANUFACTURING COMPONENTS MARKET: TREND, FORECAST & OPPORTUNITY
    • MINING REMANUFACTURING COMPONENTS MARKET, BY REGION
    • MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT
    • MINING REMANUFACTURING COMPONENTS MARKET, BY EQUIPMENT
    • MINING REMANUFACTURING COMPONENTS MARKET, BY INDUSTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT
    • INTRODUCTION
      • RESEARCH METHODOLOGY
      • ASSUMPTIONS
      • INDUSTRY INSIGHTS
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
    • ENGINE
      • ASIA OCEANIA IS THE FASTEST GROWING MARKET FOR ENGINE REMANUFACTURING
        • Table ENGINE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table ENGINE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • HYDRAULIC CYLINDER
      • AMERICAS IS THE LARGEST MARKET FOR HYDRAULIC CYLINDER REMANUFACTURING
        • Table HYDRAULIC CYLINDER: MINING REMANUFACTURING COMPONENT MARKET, BY REGION, 2017–2027 (UNITS)
        • Table HYDRAULIC CYLINDER: MINING REMANUFACTURING COMPONENT MARKET, BY REGION, 2017–2027 (USD MILLION)
    • AXLE
      • ASIA OCEANIA IS THE SECOND LARGEST MARKET FOR AXLE REMANUFACTURING
        • Table AXLE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table AXLE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • DIFFERENTIAL
      • US AND MEXICO HAVE WITNESSED PROMISING DEMAND FOR DIFFERENTIAL REMANUFACTURING IN RECENT YEARS
        • Table DIFFERENTIAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table DIFFERENTIAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • TRANSMISSION
      • AVERAGE REPLACEMENT LIFE OF TRANSMISSION IS 10,000–11,500 OPERATING HOURS
        • Table TRANSMISSION: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table TRANSMISSION: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • TORQUE CONVERTOR
      • REMANUFACTURING OF TORQUE CONVERTORS IS COST EFFECTIVE AND REDUCES LEAD TIME
        • Table TORQUE CONVERTOR: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table TORQUE CONVERTOR: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • FINAL DRIVE
      • ASIA OCEANIA IS THE FASTEST GROWING MARKET FOR FINAL DRIVE REMANUFACTURING
        • Table FINAL DRIVE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table FINAL DRIVE: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
  • MINING REMANUFACTURING COMPONENTS MARKET, BY INDUSTRY
    • INTRODUCTION
      • RESEARCH METHODOLOGY
      • ASSUMPTIONS & DEFINITIONS
      • INDUSTRY INSIGHTS
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY INDUSTRY, 2017–2027 (UNITS)
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY INDUSTRY, 2017–2027 (USD MILLION)
    • COAL
      • ASIA OCEANIA IS THE LARGEST AND FASTEST GROWING MARKET FOR IN THE COAL MINING REMANUFACTURING COMPONENTS MARKET
        • Table COAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table COAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • METAL
      • AMERICAS LEADS THE MARKET FOR METAL MINING REMANUFACTURING COMPONENTS MARKET
        • Table METAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table METAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • OTHER MINERALS
      • INCREASE IN MINING ACTIVITIES IS DRIVING THE DEMAND FOR MINING EQUIPMENT
        • Table OTHER MINERAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table OTHER MINERAL: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
  • MINING REMANUFACTURING COMPONENTS MARKET, BY EQUIPMENT
    • INTRODUCTION
      • RESEARCH METHODOLOGY
      • ASSUMPTIONS
      • INDUSTRY INSIGHTS
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY MINING EQUIPMENT, 2017–2027 (UNITS)
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY EQUIPMENT, 2017–2027 (USD MILLION)
    • HYDRAULIC EXCAVATOR
      • HYDRAULIC EXCAVATOR IS THE FASTEST GROWING MARKET
        • Table HYDRAULIC EXCAVATORS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table HYDRAULIC EXCAVATORS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • MINE/HAUL TRUCK
      • MINE/HAUL TRUCK ACCOUNTS FOR THE LARGEST SHARE IN THE MINING EQUIPMENT MARKET
        • Table MINE/HAUL TRUCKS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table MINE/HAUL TRUCKS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • WHEEL LOADER
      • ASIA OCEANIA IS THE LARGEST MARKET FOR THE WHEEL LOADERS
        • Table WHEEL LOADERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table WHEEL LOADERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • WHEEL DOZER
      • THE AMERICAS IS THE SECOND LARGEST MARKET FOR WHEEL DOZERS
        • Table WHEEL DOZERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table WHEEL DOZERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • CRAWLER DOZERS
      • ASIA OCEANIA IS THE FASTEST GROWING MARKET FOR CRAWLER DOZERS
        • Table CRAWLER DOZERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table CRAWLER DOZERS: MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
  • MINING REMANUFACTURING COMPONENTS MARKET, BY REGION
    • INTRODUCTION
      • RESEARCH METHODOLOGY
      • ASSUMPTIONS
      • INDUSTRY INSIGHTS
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (UNITS)
        • Table MINING REMANUFACTURING COMPONENTS MARKET, BY REGION, 2017–2027 (USD MILLION)
    • ASIA OCEANIA
      • Table ASIA OCEANIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (UNITS)
      • Table ASIA OCEANIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table AUSTRALIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • CHINA
        • Table CHINA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table CHINA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • INDIA
        • Table INDIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table INDIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • JAPAN
        • Table JAPAN: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table JAPAN: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
    • EUROPE
      • Table EUROPE: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (UNITS)
      • Table EUROPE: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (USD MILLION)
      • FRANCE
        • Table FRANCE: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table FRANCE: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • GERMANY
        • Table GERMANY: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table GERMANY: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • SPAIN
        • Table SPAIN: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table SPAIN: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • UK
        • Table UK: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table UK: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • ITALY
        • Table ITALY: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table ITALY: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • RUSSIA
        • Table RUSSIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table RUSSIA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
    • AMERICAS
      • Table AMERICAS: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (UNITS)
      • Table AMERICAS: MINING REMANUFACTURING COMPONENTS MARKET, BY COUNTRY, 2017–2027 (USD MILLION)
      • US
        • Table US: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table US: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • MEXICO
        • Table MEXICO: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table MEXICO: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • CANADA
        • Table CANADA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table CANADA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table ARGENTINA: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • PERU
        • Table PERU: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table PERU: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
      • CHILE
        • Table CHILE: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (UNITS)
        • Table CHILE: MINING REMANUFACTURING COMPONENTS MARKET, BY COMPONENT, 2017–2027 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MINING REMANUFACTURING COMPONENTS: MARKET RANKING ANALYSIS
    • COMPETITIVE LEADERSHIP MAPPING
      • TERMINOLOGY
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • COMPETITIVE SCENARIO
      • EXPANSIONS
        • Table EXPANSIONS, 2014–2019
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2016–2019
      • NEW PRODUCT DEVELOPMENT
        • Table EXPANSIONS, 2014-2019
      • SUPPLY CONTRACT/PARTNERSHIPS/JOINT VENTURES/ COLLABORATIONS
        • Table SUPPLY CONTRACTS, 2016–2018
  • COMPANY PROFILES
    • CATERPILLAR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • LIEBHERR
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • HITACHI CONSTRUCTION MACHINERY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • KOMATSU
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • EPIROC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
    • ATLAS COPCO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • JCB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • VOLVO CONSTRUCTION EQUIPMENT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SRC HOLDINGS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • SWANSON INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ADDITIONAL COMPANIES
      • AMERICAS
      • ASIA OCEANIA
      • EUROPE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
      • MINING REMANUFACTURING COMPONENTS MARKET, BY EQUIPMENT TYPE
      • MINING REMANUFACTURING COMPONENTS COMPONENT MARKET, BY COMPONENT & EQUIPMENT TYPE
    • RELATED REPORTS
    • AUTHOR DETAILS

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