Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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from $4,595	220 Pages	Fairfield Market Research	July, 2023	FCSL18058268

Best Price Guarantee
Price	from $4,595
Length	220 Pages
Publisher	Fairfield Market Research
Published Date	July, 2023
SKU	FCSL18058268

The global mining equipment market is witnessing significant growth as manufacturers embrace automation, digitization, and advanced technologies in their equipment. This modernization has led to the incorporation of cutting-edge technologies such as the Internet of Things (IoT), machine learning, 3-D imaging, smart sensors, and plasma technology in mining equipment. Among these technologies, the integration of telematics has gained significant traction, providing real-time feedback to fleet managers and reducing downtime associated with machine malfunction. This has improved maintenance planning, increased machine throughput, and boosted return on investment (ROI). Additionally, manufacturers' focus on sustainability is further propelling market growth. These trends are expected to unlock significant growth opportunities in the global mining equipment market.

Rising Environmental Concerns Drive Demand for Low-Emission Mining Equipment

Growing environmental concerns worldwide have compelled mining equipment manufacturers to develop low-emission machinery. Technological advancements have played a crucial role in integrating advanced control technologies into autonomous haulage systems, reducing fuel consumption, tire wear, emissions, and improving productivity. These advancements are driving sales and productivity for vendors, presenting new growth opportunities in the global mining equipment market.

Electric Mining Equipment Gains Prominence

Electric mining equipment has gained significant traction in recent years. Diesel-operated mining equipment generates heat and noise pollution, negatively impacting the environment. In contrast, electric mining equipment reduces heat production and noise pollution, eliminates ventilation issues, ensures clean air, and creates safer working conditions for laborers. Battery-operated or electrical machinery will continue to gain momentum, contributing to the maturity of the global mining equipment market.

Asia Pacific Emerges as Key Region with Increased Coal Mining Activities
The Asia Pacific region is expected to maintain its leadership position in the global mining equipment market. The region has witnessed a significant rise in mining drilling activities, driven by the increasing coal mining activities and demand for precious metals such as platinum, gold, diamond, and silver. Abundant coal deposits in Asia Pacific have created novel revenue opportunities for mining firms, particularly in major economies like India and China, where coal consumption has been high.

Key Market Players
Prominent players in the mining equipment market include AB Volvo, Terex Corporation, Atlas Copco AB, Caterpillar Inc., Komatsu Ltd., Sandvik AB, Wirtgen Group Holding GmbH, CNH Industrial NV, Liebherr Group, Hitachi Construction Machinery Co. Ltd., and Doosan Corporation. These companies are at the forefront of innovation, delivering advanced mining equipment to meet the evolving needs of the industry.Please note: the PDF e-mail from publisher version of this report is for a global site license.

1. Executive Summary: 1.1. Global Mining Equipment Market Snapshot; 1.2. Key Market Trends; 1.3. Future Projections; 1.4. Analyst Recommendations
2. Market Overview: 2.1. Market Definitions and Segmentations; 2.2. Market Dynamics; 2.2.1. Drivers; 2.2.1.1. Driver A; 2.2.1.2. Driver B; 2.2.1.3. Driver C; 2.2.2. Restraints; 2.2.2.1. Restraint 1; 2.2.2.2. Restraint 2; 2.2.3. Market Opportunities Matrix; 2.3. Value Chain Analysis; 2.4. Porter’s Five Forces Analysis; 2.5. Covid-19 Impact Analysis; 2.5.1. Pre-covid and Post-covid Scenario; 2.5.2. Supply Impact; 2.5.3. Demand Impact; 2.6. Government Regulations; 2.7. Technology Landscape; 2.8. Global Mining Industry – Market Overview; 2.9. Economic Analysis; 2.10. PESTLE
3. Production Output and Trade Statistics, 2019 - 2022: 3.1. Regional Production Statistics; 3.1.1. North America; 3.1.2. Europe; 3.1.3. Asia Pacific; 3.1.4. Latin America; 3.1.5. Middle East & Africa; 3.2. Trade Statistics
4. Price Trends Analysis and Future Projects, 2019 - 2030: 4.1. Key Highlights; 4.2. Prominent Factors Affecting Prices; 4.3. By Equipment; 4.4. By Region
5. Global Mining Equipment Market Outlook, 2019 - 2030: 5.1. Global Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 5.1.1. Key Highlights; 5.1.1.1. Surface Mining; 5.1.1.2. Underground Mining; 5.2. Global Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 5.2.1. Key Highlights; 5.2.1.1. Mining Trucks; 5.2.1.2. Hydraulic Shovels/Excavators; 5.2.1.3. Wheel Loaders; 5.2.1.4. Electric/Rope Shovels; 5.2.1.5. Dozer, Crawler & Wheel; 5.2.1.6. Crushing, Pulverizing & Screening Equipment; 5.2.1.7. Drilling Equipment; 5.2.1.8. Rock Reinforcement; 5.2.1.9. Misc.; 5.3. Global Mining Equipment Market Outlook, by Region, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 5.3.1. Key Highlights; 5.3.1.1. North America; 5.3.1.2. Europe; 5.3.1.3. Asia Pacific; 5.3.1.4. Latin America; 5.3.1.5. Middle East & Africa; 5.3.2. BPS Analysis/Market Attractiveness Analysis
6. North America Mining Equipment Market Outlook, 2019 - 2030: 6.1. North America Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 6.1.1. Key Highlights; 6.1.1.1. Surface Mining; 6.1.1.2. Underground Mining; 6.2. North America Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 6.2.1. Key Highlights; 6.2.1.1. Mining Trucks; 6.2.1.2. Hydraulic Shovels/Excavators; 6.2.1.3. Wheel Loaders; 6.2.1.4. Electric/Rope Shovels; 6.2.1.5. Dozer, Crawler & Wheel; 6.2.1.6. Crushing, Pulverizing & Screening Equipment; 6.2.1.7. Drilling Equipment; 6.2.1.8. Rock Reinforcement; 6.2.1.9. Misc.; 6.3. North America Mining Equipment Market Outlook, by Country, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 6.3.1. Key Highlights; 6.3.1.1. U.S.; 6.3.1.2. Canada; 6.3.2. BPS Analysis/Market Attractiveness Analysis
7. Europe Mining Equipment Market Outlook, 2019 - 2030: 7.1. Europe Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 7.1.1. Key Highlights; 7.1.1.1. Surface Mining; 7.1.1.2. Underground Mining; 7.2. Europe Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 7.2.1. Key Highlights; 7.2.1.1. Mining Trucks; 7.2.1.2. Hydraulic Shovels/Excavators; 7.2.1.3. Wheel Loaders; 7.2.1.4. Electric/Rope Shovels; 7.2.1.5. Dozer, Crawler & Wheel; 7.2.1.6. Crushing, Pulverizing & Screening Equipment; 7.2.1.7. Drilling Equipment; 7.2.1.8. Rock Reinforcement; 7.2.1.9. Misc.; 7.3. Europe Mining Equipment Market Outlook, by Country, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 7.3.1. Key Highlights; 7.3.1.1. Germany; 7.3.1.2. France; 7.3.1.3. U.K.; 7.3.1.4. Italy; 7.3.1.5. Spain; 7.3.1.6. Russia; 7.3.1.7. Rest of Europe; 7.3.2. BPS Analysis/Market Attractiveness Analysis
8. Asia Pacific Mining Equipment Market Outlook, 2019 - 2030: 8.1. Asia Pacific Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 8.1.1. Key Highlights; 8.1.1.1. Surface Mining; 8.1.1.2. Underground Mining; 8.2. Asia Pacific Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 8.2.1. Key Highlights; 8.2.1.1. Mining Trucks; 8.2.1.2. Hydraulic Shovels/Excavators; 8.2.1.3. Wheel Loaders; 8.2.1.4. Electric/Rope Shovels; 8.2.1.5. Dozer, Crawler & Wheel; 8.2.1.6. Crushing, Pulverizing & Screening Equipment; 8.2.1.7. Drilling Equipment; 8.2.1.8. Rock Reinforcement; 8.2.1.9. Misc.; 8.3. Asia Pacific Mining Equipment Market Outlook, by Country, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 8.3.1. Key Highlights; 8.3.1.1. China; 8.3.1.2. Japan; 8.3.1.3. South Korea; 8.3.1.4. India; 8.3.1.5. Southeast Asia; 8.3.1.6. Rest of Asia Pacific; 8.3.2. BPS Analysis/Market Attractiveness Analysis
9. Latin America Mining Equipment Market Outlook, 2019 - 2030: 9.1. Latin America Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 9.1.1. Key Highlights; 9.1.1.1. Surface Mining; 9.1.1.2. Underground Mining; 9.2. Latin America Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 9.2.1. Key Highlights; 9.2.1.1. Mining Trucks; 9.2.1.2. Hydraulic Shovels/Excavators; 9.2.1.3. Wheel Loaders; 9.2.1.4. Electric/Rope Shovels; 9.2.1.5. Dozer, Crawler & Wheel; 9.2.1.6. Crushing, Pulverizing & Screening Equipment; 9.2.1.7. Drilling Equipment; 9.2.1.8. Rock Reinforcement; 9.2.1.9. Misc.; 9.3. Latin America Mining Equipment Market Outlook, by Country, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 9.3.1. Key Highlights; 9.3.1.1. Brazil; 9.3.1.2. Mexico; 9.3.1.3. Rest of Latin America; 9.3.2. BPS Analysis/Market Attractiveness Analysis
10. Middle East & Africa Mining Equipment Market Outlook, 2019 - 2030: 10.1. Middle East & Africa Mining Equipment Market Outlook, by Mine Type, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 10.1.1. Key Highlights; 10.1.1.1. Surface Mining; 10.1.1.2. Underground Mining; 10.2. Middle East & Africa Mining Equipment Market Outlook, by Equipment, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 10.2.1. Key Highlights; 10.2.1.1. Mining Trucks; 10.2.1.2. Hydraulic Shovels/Excavators; 10.2.1.3. Wheel Loaders; 10.2.1.4. Electric/Rope Shovels; 10.2.1.5. Dozer, Crawler & Wheel; 10.2.1.6. Crushing, Pulverizing & Screening Equipment; 10.2.1.7. Drilling Equipment; 10.2.1.8. Rock Reinforcement; 10.2.1.9. Misc.; 10.3. Middle East & Africa Mining Equipment Market Outlook, by Country, Volume (‘000 Units) and Value (US$ Mn), 2019 - 2030; 10.3.1. Key Highlights; 10.3.1.1. GCC; 10.3.1.2. South Africa; 10.3.1.3. Rest of Middle East & Africa; 10.3.2. BPS Analysis/Market Attractiveness Analysis
11. Competitive Landscape: 11.1. Company Market Share Analysis, 2022; 11.2. Competitive Dashboard; 11.3. Company Profiles; 11.3.1. Caterpillar Inc.; 11.3.1.1. Company Overview; 11.3.1.2. Product Portfolio; 11.3.1.3. Financial Overview; 11.3.1.4. Business Strategies and Development; 11.3.2. Komatsu Limited; 11.3.3. JCB; 11.3.4. Epiroc AB; 11.3.5. Sandvik; 11.3.6. Zoomlion; 11.3.7. Epiroc AB; 11.3.8. Hitachi; 11.3.9. Metso Outotec; 11.3.10. Liebherr; 11.3.11. Sany Heavy Industry Co., Ltd.; 11.3.12. TAKRAF GmbH; 11.3.13. Liugong Machinery Co., Ltd.
12. Appendix: 12.1. Research Methodology; 12.2. Report Assumptions; 12.3. Acronyms and Abbreviations

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Mining Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)