Surface Mining Equipment Market Size, Share, Trends, Analysis and Forecasts by Region, Type (Mining Trucks, Excavators and Hydraulic Shovels, Electric Shovel, Loaders, Dozers, Graders), Commodity Type (Coal, Iron Ore, Gold, Copper, Others) and Segment For

Surface Mining Equipment Market Size, Share, Trends, Analysis and Forecasts by Region, Type (Mining Trucks, Excavators and Hydraulic Shovels, Electric Shovel, Loaders, Dozers, Graders), Commodity Type (Coal, Iron Ore, Gold, Copper, Others) and Segment Forecast 2021-2026

Summary

Increasing demand for iron ore in steelmaking operations across the globe is projected to aid the development of mines and subsequently positively influence the market growth of surface mining equipment.

The global surface mining equipment market report provides an executive-level overview of the current surface mining equipment globally, with detailed forecasts of key indicators up to 2026. Published annually, the report provides a detailed analysis of the near-term opportunities, competitive dynamics, and evolution of demand by type and ecommodity group across regional markets, as well as a review of key market and technology trends.

Key Highlights

According to GlobalData estimates, the global surface mining equipment market will grow from 163.1 thousand units in 2021 to 181.1 thousand units in 2026 at a CAGR of 2.1%. Increased focus towards expanding the efficiency and productivity rates of mines is projected to drive the development of surface mining equipment over the forecast period.

Scope

The market intelligence report provides an in-depth analysis of the following -

• Surface mining equipment market outlook: analysis as well as historical figures and forecasts of volume opportunities from the type, commodity group, and regional segments.
• The competitive landscape: an examination of the positioning of leading players in the surface mining equipment market.
• Company snapshots: analysis of the market position of leading service providers in the surface mining equipment market.
• Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

• This market intelligence report offers a thorough, forward-looking analysis of the global surface mining equipment market by type, commodity group, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
• Accompanying GlobalData’s Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in surface mining equipment markets.
• The report also highlights key type segments (Mining Trucks, Excavators & Hydraulic Shovels, Electric Shovels, Loaders, Dozers, and Graders)
• The report also highlights key commodity group segments (Coal, Iron Ore, Gold, Copper, and Others)
• With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
• The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in surface mining equipment markets.
• The broad perspective of the report coupled with comprehensive, actionable detail will help mining sector stakeholders, service providers, and other surface mining equipment players succeed in growing the surface mining equipment market globally.