This report forecasts to 2027 mining equipment demand and production in nominal US dollars at the manufacturer level in China. Total demand is segmented by product in terms of: underground mining machinery; surface mining machinery; drills and breakers; crushing, pulverizing, and screening equipment; mineral processing and other equipment such as dryers and feeders; and parts and attachments. Total demand is also segmented by market as follows: minerals mining, coal mining, and metals mining.
To illustrate historical trends, total demand is provided in annual series from 2012 to 2022; production and the various segments are reported at five-year intervals for 2012, 2017, and 2022.
Excluded from the scope of this report is equipment that has other primary uses but can also be used at mining sites and is sometimes considered mining machinery, including general purpose material handling equipment and oilfield equipment. Also excluded is used and rebuilt mining machinery of all types.
For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate at that prevailing in 2022.
Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.
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