According to our (Global Info Research) latest study, the global Stone Mining & Quarrying market size was valued at US$ 5867 million in 2024 and is forecast to a readjusted size of USD 7313 million by 2031 with a CAGR of 3.3% during review period.
Stone Mining & Quarrying Equipment is a type of mechanical equipment specifically used for mining and processing stone, covering a wide range of types from crushers, drills to transport equipment. They are widely used in construction, infrastructure construction and mining. Quarrying equipment is designed to improve the efficiency of stone mining, reduce labor costs and improve production safety.
In terms of regional distribution, the global Stone Mining & Quarrying market shows significant regional differences. The Asia-Pacific region has become the largest market due to its rapid urbanization and infrastructure construction needs, especially China and India, which account for a large share. The North American and European markets follow closely behind, and the demand for efficient and environmentally friendly equipment in these two regions has driven technological innovation and equipment upgrades.
In terms of competition, the market is mainly dominated by several large manufacturers, including Sandvik, Terex, Astec Industries, Wirtgen Group and ThyssenKrupp, and the top five manufacturers account for more than 30% of the market share. These companies have formed high market entry barriers through technological innovation and global layout. However, since the market concentration is not very high, there is still a large space for competition, especially some emerging markets and small and medium-sized equipment manufacturers have performed well in specific areas.
In terms of opportunities and challenges, with the continued growth of global construction and infrastructure construction, the Stone Mining & Quarrying market has huge development potential. At the same time, more and more governments and enterprises pay attention to environmental protection and sustainable development, which has promoted the demand for more energy-saving and efficient equipment. However, the market is also facing the challenges of increasingly stringent environmental regulations and rising equipment costs. In addition, the high maintenance cost and complex technical operation of the equipment also put forward higher requirements for users.
The future development trend will focus on the popularization of intelligent and automated Stone Mining & Quarrying, and the integration of artificial intelligence and Internet of Things technology will improve the efficiency and safety of equipment. At the same time, environmental protection equipment and low-emission technology will become the focus of industry development, especially in regions such as Europe and North America where environmental protection regulations are strictly enforced.
This report is a detailed and comprehensive analysis for global Stone Mining & Quarrying market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Stone Mining & Quarrying market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Stone Mining & Quarrying market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Stone Mining & Quarrying market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Stone Mining & Quarrying market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Stone Mining & Quarrying
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Stone Mining & Quarrying market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Sandvik, Terex, Astec Industries, Wirtgen Group, ThyssenKrupp, Liming Heavy Industry, Komatsu, Minyu Machinery, Northern Heavy Industries, Tesab, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Stone Mining & Quarrying market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Jaw Crushers
Cone Crushers
VSI Crushers
HSI Crushers
Mining Screens
Market segment by Application
Mining Industry
Construction Industry
Major players covered
Sandvik
Terex
Astec Industries
Wirtgen Group
ThyssenKrupp
Liming Heavy Industry
Komatsu
Minyu Machinery
Northern Heavy Industries
Tesab
Metso
Weir
McCloskey International
Kleemann
Terex Corporation
Rubble Master
Eagle Crusher
Dragon Machinery
Rockster
Portafill International
Lippmann Milwaukee
FLSmidth
Puzzolana
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Stone Mining & Quarrying product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Stone Mining & Quarrying, with price, sales quantity, revenue, and global market share of Stone Mining & Quarrying from 2020 to 2025.
Chapter 3, the Stone Mining & Quarrying competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Stone Mining & Quarrying breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Stone Mining & Quarrying market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Stone Mining & Quarrying.
Chapter 14 and 15, to describe Stone Mining & Quarrying sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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