Global Underground Mining Equipment Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030

Global Underground Mining Equipment Market by Size, by Type, by Application, by Region, History and Forecast 2019-2030


Summary

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.

According to APO Research, The global Underground Mining Equipment market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Underground Mining Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Underground Mining Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Underground Mining Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Underground Mining Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global companies of Underground Mining Equipment include Caterpillar, Komatsu (Joy Global), Volvo, Hitachi Construction Machinery, Sandvik, Atlas Copco, Metso, ThyssenKrupp and Liebherr-International, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report Includes

This report presents an overview of global market for Underground Mining Equipment, market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Underground Mining Equipment, also provides the revenue of main regions and countries. Of the upcoming market potential for Underground Mining Equipment, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Underground Mining Equipment revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Underground Mining Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Underground Mining Equipment revenue, projected growth trends, production technology, application and end-user industry.

Underground Mining Equipment segment by Company

Caterpillar
Komatsu (Joy Global)
Volvo
Hitachi Construction Machinery
Sandvik
Atlas Copco
Metso
ThyssenKrupp
Liebherr-International
ZMJ
FLSmidth
Doosan Infracore
China Coal Group
Underground Mining Equipment segment by Type

Longwall
Room and Pillar
Underground Mining Equipment segment by Application

Coal Mining
Metal Mining
Mineral Mining
Underground Mining Equipment segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia

Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Underground Mining Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Underground Mining Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Underground Mining Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. Revenue of Underground Mining Equipment in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Underground Mining Equipment industry.
Chapter 3: Detailed analysis of Underground Mining Equipment companies' competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Underground Mining Equipmentrevenue, gross margin, and recent development, etc.
Chapter 7: North America (US & Canada) by type, by application and by country, revenue for each segment.
Chapter 8: Europe by type, by application and by country, revenue for each segment.
Chapter 9: China by type, and by application, revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 11: MEALA by type, by application and by country, revenue for each segment.
Chapter 12: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Market Analysis by Type
1.2.1 Global Underground Mining Equipment Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Longwall
1.2.3 Room and Pillar
1.3 Market Analysis by Application
1.3.1 Global Underground Mining Equipment Market Size Growth Rate by Application: 2019 VS 2023 VS 2030
1.3.2 Coal Mining
1.3.3 Metal Mining
1.3.4 Mineral Mining
1.4 Global Market Growth Prospects
1.5 Global Underground Mining Equipment Growth Trends by Region
1.5.1 Global Underground Mining Equipment Market Size by Region: 2019 VS 2023 VS 2030
1.5.2 Underground Mining Equipment Market Size by Region (2019-2024)
1.5.3 Underground Mining Equipment Market Size by Region (2025-2030)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
1.8 Years Considered
2 Global Underground Mining Equipment Market Dynamics
2.1 Underground Mining Equipment Industry Trends
2.2 Underground Mining Equipment Industry Drivers
2.3 Underground Mining Equipment Industry Opportunities and Challenges
2.4 Underground Mining Equipment Industry Restraints
3 Competitive Landscape by Company
3.1 Global Underground Mining Equipment Revenue by Company (2019-2024)
3.2 Global Underground Mining Equipment Players Revenue Ranking, 2022 VS 2023 VS 2024
3.3 Global Underground Mining Equipment Key Company Head office and Area Served
3.4 Global Underground Mining Equipment Company, Product Type & Application
3.5 Global Underground Mining Equipment Company Commercialization Time
3.6 Market Competitive Analysis
3.6.1 Global Underground Mining Equipment Market CR5 and HHI
3.6.2 Global Top 5 and 10 Underground Mining Equipment Players Market Share by Revenue in 2023
3.6.3 2023 Underground Mining Equipment Tier 1, Tier 2, and Tier 3
4 Underground Mining Equipment Market by Type
4.1 Global Underground Mining Equipment Market Size by Type (2019 VS 2023 VS 2030)
4.2 Global Underground Mining Equipment Market Size by Type (2019-2030)
4.3 Global Underground Mining Equipment Market Size Share by Type (2019-2030)
5 Underground Mining Equipment Market by Application
5.1 Global Underground Mining Equipment Market Size by Application (2019 VS 2023 VS 2030)
5.2 Global Underground Mining Equipment Market Size by Application (2019-2030)
5.3 Global Underground Mining Equipment Market Size Share by Application (2019-2030)
6 Company Profiles
6.1 Caterpillar
6.1.1 Caterpillar Comapny Information
6.1.2 Caterpillar Business Overview
6.1.3 Caterpillar Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.1.4 Caterpillar Underground Mining Equipment Product Portfolio
6.1.5 Caterpillar Recent Developments
6.2 Komatsu (Joy Global)
6.2.1 Komatsu (Joy Global) Comapny Information
6.2.2 Komatsu (Joy Global) Business Overview
6.2.3 Komatsu (Joy Global) Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.2.4 Komatsu (Joy Global) Underground Mining Equipment Product Portfolio
6.2.5 Komatsu (Joy Global) Recent Developments
6.3 Volvo
6.3.1 Volvo Comapny Information
6.3.2 Volvo Business Overview
6.3.3 Volvo Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.3.4 Volvo Underground Mining Equipment Product Portfolio
6.3.5 Volvo Recent Developments
6.4 Hitachi Construction Machinery
6.4.1 Hitachi Construction Machinery Comapny Information
6.4.2 Hitachi Construction Machinery Business Overview
6.4.3 Hitachi Construction Machinery Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.4.4 Hitachi Construction Machinery Underground Mining Equipment Product Portfolio
6.4.5 Hitachi Construction Machinery Recent Developments
6.5 Sandvik
6.5.1 Sandvik Comapny Information
6.5.2 Sandvik Business Overview
6.5.3 Sandvik Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.5.4 Sandvik Underground Mining Equipment Product Portfolio
6.5.5 Sandvik Recent Developments
6.6 Atlas Copco
6.6.1 Atlas Copco Comapny Information
6.6.2 Atlas Copco Business Overview
6.6.3 Atlas Copco Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.6.4 Atlas Copco Underground Mining Equipment Product Portfolio
6.6.5 Atlas Copco Recent Developments
6.7 Metso
6.7.1 Metso Comapny Information
6.7.2 Metso Business Overview
6.7.3 Metso Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.7.4 Metso Underground Mining Equipment Product Portfolio
6.7.5 Metso Recent Developments
6.8 ThyssenKrupp
6.8.1 ThyssenKrupp Comapny Information
6.8.2 ThyssenKrupp Business Overview
6.8.3 ThyssenKrupp Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.8.4 ThyssenKrupp Underground Mining Equipment Product Portfolio
6.8.5 ThyssenKrupp Recent Developments
6.9 Liebherr-International
6.9.1 Liebherr-International Comapny Information
6.9.2 Liebherr-International Business Overview
6.9.3 Liebherr-International Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.9.4 Liebherr-International Underground Mining Equipment Product Portfolio
6.9.5 Liebherr-International Recent Developments
6.10 ZMJ
6.10.1 ZMJ Comapny Information
6.10.2 ZMJ Business Overview
6.10.3 ZMJ Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.10.4 ZMJ Underground Mining Equipment Product Portfolio
6.10.5 ZMJ Recent Developments
6.11 FLSmidth
6.11.1 FLSmidth Comapny Information
6.11.2 FLSmidth Business Overview
6.11.3 FLSmidth Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.11.4 FLSmidth Underground Mining Equipment Product Portfolio
6.11.5 FLSmidth Recent Developments
6.12 Doosan Infracore
6.12.1 Doosan Infracore Comapny Information
6.12.2 Doosan Infracore Business Overview
6.12.3 Doosan Infracore Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.12.4 Doosan Infracore Underground Mining Equipment Product Portfolio
6.12.5 Doosan Infracore Recent Developments
6.13 China Coal Group
6.13.1 China Coal Group Comapny Information
6.13.2 China Coal Group Business Overview
6.13.3 China Coal Group Underground Mining Equipment Revenue and Gross Margin (US$ Million) & (2019-2024)
6.13.4 China Coal Group Underground Mining Equipment Product Portfolio
6.13.5 China Coal Group Recent Developments
7 North America
7.1 North America Underground Mining Equipment Market Size (2019-2030)
7.2 North America Underground Mining Equipment Market Size by Type
7.2.1 North America Underground Mining Equipment Market Size by Type (2019-2024)
7.2.2 North America Underground Mining Equipment Market Size by Type (2025-2030)
7.2.3 North America Underground Mining Equipment Market Share by Type (2019-2030)
7.3 North America Underground Mining Equipment Market Size by Application
7.3.1 North America Underground Mining Equipment Market Size by Application (2019-2024)
7.3.2 North America Underground Mining Equipment Market Size by Application (2025-2030)
7.3.3 North America Underground Mining Equipment Market Share by Application (2019-2030)
7.4 North America Underground Mining Equipment Market Size by Country
7.4.1 North America Underground Mining Equipment Market Size by Country (2019 VS 2023 VS 2030)
7.4.2 North America Underground Mining Equipment Market Size by Country (2019-2024)
7.4.3 North America Underground Mining Equipment Market Size by Country (2025-2030)
7.4.4 North America Underground Mining Equipment Market Share by Country (2019-2030)
7.4.5 United States
7.4.6 Canada
8 Europe
8.1 Europe Underground Mining Equipment Market Size (2019-2030)
8.2 Europe Underground Mining Equipment Market Size by Type
8.2.1 Europe Underground Mining Equipment Market Size by Type (2019-2024)
8.2.2 Europe Underground Mining Equipment Market Size by Type (2025-2030)
8.2.3 Europe Underground Mining Equipment Market Share by Type (2019-2030)
8.3 Europe Underground Mining Equipment Market Size by Application
8.3.1 Europe Underground Mining Equipment Market Size by Application (2019-2024)
8.3.2 Europe Underground Mining Equipment Market Size by Application (2025-2030)
8.3.3 Europe Underground Mining Equipment Market Share by Application (2019-2030)
8.4 Europe Underground Mining Equipment Market Size by Country
8.4.1 Europe Underground Mining Equipment Market Size by Country (2019 VS 2023 VS 2030)
8.4.2 Europe Underground Mining Equipment Market Size by Country (2019-2024)
8.4.3 Europe Underground Mining Equipment Market Size by Country (2025-2030)
8.4.4 Europe Underground Mining Equipment Market Share by Country (2019-2030)
8.4.5 Germany
8.4.6 France
8.4.7 U.K.
8.4.8 Italy
8.4.9 Russia
8.4.10 Nordic Countries
9 China
9.1 China Underground Mining Equipment Market Size (2019-2030)
9.2 China Underground Mining Equipment Market Size by Type
9.2.1 China Underground Mining Equipment Market Size by Type (2019-2024)
9.2.2 China Underground Mining Equipment Market Size by Type (2025-2030)
9.2.3 China Underground Mining Equipment Market Share by Type (2019-2030)
9.3 China Underground Mining Equipment Market Size by Application
9.3.1 China Underground Mining Equipment Market Size by Application (2019-2024)
9.3.2 China Underground Mining Equipment Market Size by Application (2025-2030)
9.3.3 China Underground Mining Equipment Market Share by Application (2019-2030)
10 Asia
10.1 Asia Underground Mining Equipment Market Size (2019-2030)
10.2 Asia Underground Mining Equipment Market Size by Type
10.2.1 Asia Underground Mining Equipment Market Size by Type (2019-2024)
10.2.2 Asia Underground Mining Equipment Market Size by Type (2025-2030)
10.2.3 Asia Underground Mining Equipment Market Share by Type (2019-2030)
10.3 Asia Underground Mining Equipment Market Size by Application
10.3.1 Asia Underground Mining Equipment Market Size by Application (2019-2024)
10.3.2 Asia Underground Mining Equipment Market Size by Application (2025-2030)
10.3.3 Asia Underground Mining Equipment Market Share by Application (2019-2030)
10.4 Asia Underground Mining Equipment Market Size by Country
10.4.1 Asia Underground Mining Equipment Market Size by Country (2019 VS 2023 VS 2030)
10.4.2 Asia Underground Mining Equipment Market Size by Country (2019-2024)
10.4.3 Asia Underground Mining Equipment Market Size by Country (2025-2030)
10.4.4 Asia Underground Mining Equipment Market Share by Country (2019-2030)
10.4.5 Japan
10.4.6 South Korea
10.4.7 China Taiwan
10.4.8 Southeast Asia
10.4.9 India
10.4.10 Australia
11 MEALA
11.1 MEALA Underground Mining Equipment Market Size (2019-2030)
11.2 MEALA Underground Mining Equipment Market Size by Type
11.2.1 MEALA Underground Mining Equipment Market Size by Type (2019-2024)
11.2.2 MEALA Underground Mining Equipment Market Size by Type (2025-2030)
11.2.3 MEALA Underground Mining Equipment Market Share by Type (2019-2030)
11.3 MEALA Underground Mining Equipment Market Size by Application
11.3.1 MEALA Underground Mining Equipment Market Size by Application (2019-2024)
11.3.2 MEALA Underground Mining Equipment Market Size by Application (2025-2030)
11.3.3 MEALA Underground Mining Equipment Market Share by Application (2019-2030)
11.4 MEALA Underground Mining Equipment Market Size by Country
11.4.1 MEALA Underground Mining Equipment Market Size by Country (2019 VS 2023 VS 2030)
11.4.2 MEALA Underground Mining Equipment Market Size by Country (2019-2024)
11.4.3 MEALA Underground Mining Equipment Market Size by Country (2025-2030)
11.4.4 MEALA Underground Mining Equipment Market Share by Country (2019-2030)
11.4.5 Brazil
11.4.6 Mexico
11.4.7 Turkey
11.4.8 Israel
11.4.9 GCC Countries
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
13.6 Disclaimer

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