Global Equipment For Mining Market Growth 2023-2029

Global Equipment For Mining Market Growth 2023-2029

The global Equipment For Mining market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In the African market, the key manufacturers of Equipment For Mining include Caterpillar, Sandvik, Epiroc, Komatsu, Metso Outotec, FLSmidth, Weir, etc. The top five core players account for about 34% of the African market in total.

Equipment For Mining mainly includes excavation equipment, mine transport equipment, mine drilling equipment, mine crushing equipment, mine screening equipment, mine beneficiation equipment, and others.

In Africa, the largest share of the market is mine transport equipment, accounting for about 22%. After that comes mining drilling equipment, which accounts for about 20%.

The products are mainly used in open pit mining and underground mining. In the African market, open pit mining accounts for about 81%.

Mining equipment refers to machinery that are specially designed and used in mining operations to extract valuable minerals and other geological materials from the earth. Mining equipment can include a variety of machines such as excavators, draglines, drills, roof bolters, continuous miners, longwall miners, rock dusters, shuttle cars, and scoops. These machines can be used for different stages of mining operations, such as exploration, drilling, extraction, transportation, and processing of minerals.

LPI (LP Information)' newest research report, the “Equipment For Mining Industry Forecast” looks at past sales and reviews total world Equipment For Mining sales in 2022, providing a comprehensive analysis by region and market sector of projected Equipment For Mining sales for 2023 through 2029. With Equipment For Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Equipment For Mining industry.

This Insight Report provides a comprehensive analysis of the global Equipment For Mining 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 Equipment For Mining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Equipment For Mining market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Equipment For Mining and breaks down the forecast by type, 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 Equipment For Mining.

This report presents a comprehensive overview, market shares, and growth opportunities of Equipment For Mining market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Excavation Equipment
Mine Transport Equipment
Mine Drilling Equipment
Mine Crushing Equipment
Mine Screening Equipment
Mine Beneficiation Equipment
Others

Segmentation by application
Open Pit Mining
Underground Mining

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.
Caterpillar
Sandvik
Epiroc
Komatsu
Metso Outotec
FLSmidth
Weir
Hitachi
Terex
Liebherr
Sany
WIRTGEN
CITIC
Astec Industries
Northern Heavy Industries
Hongxing group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Equipment For Mining market?

What factors are driving Equipment For Mining market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Equipment For Mining market opportunities vary by end market size?

How does Equipment For Mining break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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