Global Stone Mining & Quarrying Market Growth 2025-2031

The global Stone Mining & Quarrying market size is predicted to grow from US$ 5732 million in 2025 to US$ 7035 million in 2031; it is expected to grow at a CAGR of 3.5% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Stone Mining & Quarrying Industry Forecast” looks at past sales and reviews total world Stone Mining & Quarrying sales in 2024, providing a comprehensive analysis by region and market sector of projected Stone Mining & Quarrying sales for 2025 through 2031. With Stone Mining & Quarrying sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Stone Mining & Quarrying industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Stone Mining & Quarrying 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 Stone Mining & Quarrying.

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

Segmentation by Type:
Jaw Crushers
Cone Crushers
VSI Crushers
HSI Crushers
Mining Screens

Segmentation by Application:
Mining Industry
Construction Industry

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 analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Stone Mining & Quarrying market?

What factors are driving Stone Mining & Quarrying market growth, globally and by region?

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

How do Stone Mining & Quarrying market opportunities vary by end market size?

How does Stone Mining & Quarrying break out by Type, by Application?

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