Global Contract Mining Services Market Growth (Status and Outlook) 2023-2029

Global Contract Mining Services Market Growth (Status and Outlook) 2023-2029

Mining involves many operations such as rock breakage, materials handling, equipment maintenance, mine design, scheduling and budgeting. At one stage or the other mine managements often have to decide whether to undertake a major mining operation using their own equipment and personnel or to contract the operation out to a specialised mining contractor. By contracting out one or more of their mining operations, the mining companies can concentrate on their core businesses. by the life of the mine, the availability and use of capital, and that contract mining helps to reduce the cost of mines with short life spans. The general trends in the mining industry show that contract mining will be the way forward for most mines under various circumstances in the future.
LPI (LP Information)' newest research report, the “Contract Mining Services Industry Forecast” looks at past sales and reviews total world Contract Mining Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Contract Mining Services sales for 2023 through 2029. With Contract Mining Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Contract Mining Services industry.
This Insight Report provides a comprehensive analysis of the global Contract Mining Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Contract Mining Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Contract Mining Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Contract Mining Services and breaks down the forecast by mining method, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Contract Mining Services.
The global Contract Mining Services market size is projected to grow from US$ 11290 million in 2022 to US$ 13600 million in 2029; it is expected to grow at a CAGR of 2.7% from 2023 to 2029.
In terms of mining method, over 90% of the demand for contract mining services is for surface mining activities in Saudi Arabia. In terms of mine type, Phosphate is the largest segment, with a share about 47%. Jac Rijk Al-Rushaid, Saudi Comedat, and Fluor are top three players of contract mining services and hold a share over 65%.
This report presents a comprehensive overview, market shares, and growth opportunities of Contract Mining Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by mining method
Surface Mining
Underground Mining
Segmentation by application
Iron Ore Mining
Coal Mining
Gold Mining
Phosphate Mining
Aluminium Mining
Copper-zinc Mine
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Teichmann Group
Contract Mining Services Pty Ltd (CMS)
Laxyo Group
PT Delta Dunia Makmur Tbk
PYBAR Mining Services
Exact Mining Group
NRW Holdings Limited
CIMIC Group
Macmahon
Perenti Group
Ledcor Group
SGS SA
Redpath
Mining Plus
Jac Rijk Al-Rushaid
Saudi Comedat
Asamco Almarbaie
Byrnecut
SNC Lavalin
Sinopec Engineering Group
Hanwha E&C
China Huanqiu (HQC)
Fluor
SENET
China National Geological & Mining Corporation (CGM)
Daelim
Sinosteel Equipment & Engineering
Intecsa Industrial
Fives Solios

Please note: The report will take approximately 2 business days to prepare and deliver.