Mining Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Surface Mining Equipment and Underground Mining Equipment); By Product; By Application; By Region; Segment Forecast, 2023 - 2032

Mining Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Surface Mining Equipment and Underground Mining Equipment); By Product; By Application; By Region; Segment Forecast, 2023 - 2032

The global mining equipment market size is expected treach USD 223.68 billion by 2032, according ta new study by Polaris Market Research. The report “Mining Equipment Market Share, Size, Trends, Industry Analysis Report, By Type (Surface Mining Equipment and Underground Mining Equipment); By Product; By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

An increased urban population rises the demand for natural resources like oil, which is anticipated texpand the market. How effectively the climate can adopt is influenced by the interconnectedness of population expansion and natural resources, particularly in emerging nations with fast-changing demographics and resource-dependent economies.

The worldwide mining sector has seen substantial changes due tthe deployment of automation and autonomous systems. Also, autonomous equipment at mining sites, such as load haul, drillers, dump loaders (LHDs), and carrying trucks, is swiftly growing globally, supporting the market demand for these goods throughout the projection period.

The continued industrialization and urbanization have increased the demand for natural resources like minerals and oil. The outcome is a thriving mining sector worldwide. As a result, there is an increase in demand for mining equipment, expanding the global market.

Market players expand their market share and keep up with the equipment's increasing technical demands from different end-use sectors, such as coal mining, metal mining, and non-metal mining. The producers of these goods use a variety of tactics, including acquisitions, mergers, joint ventures, the development of new products, and global growth.

Mining Equipment Market Report Highlights

Surface mining equipment accounted for the largest portion of worldwide revenue in 2022. The rising need for excavators in the construction and oil & gas sectors is predicted tdrive the growth of the surface mining equipment market.

The coal mining application leads the global revenue market share. It is projected that mining equipment's uses in coal mining will increase dramatically.

Asia Pacific is dominating the market. Growth in the market is anticipated tbe fueled by the rising use of renewable energy sources and the adoption of electric cars in emerging nations like China and India.

The global key market players include AB Volvo, Astec Industries Incorporated, Atlas CopcAB, Bell Equipment Limited, Bradken Limited, Caterpillar Inc., China Coal Energy Company Limited, CNH Industrial NV, Corum Group, Deere & Company, Doosan Corporation, Epiroc AB, Hitachi Co., Ltd., Hyundai Heavy Industries Company Limited, Komatsu Ltd., Kopex SA, Liebherr Group, MetsCorporation, RCR Tomlinson Limited, Sandvik AB, Techint Group, and Terex Corporation.

Polaris Market Research has segmented the Mining Equipment market report based on type, product, application, and region:

Mining Equipment, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Surface Mining Equipment

Underground Mining Equipment

Mining Equipment, Product Outlook (Revenue - USD Billion, 2019 - 2032)

Mining Drills and Breakers

Mineral Processing Machinery

Crushing, Pulverizing, and Screening Equipment

Others

Mining Equipment, Application (Revenue - USD Billion, 2019 - 2032)

Metal Mining

Mineral Mining

Coal Mining

Others

Mining Equipment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Mining Equipment Market Insights
4.1. Mining Equipment Market – Application Snapshot
4.2. Mining Equipment Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growth in need for mineral fertilizers
4.2.1.2. Rise in demand for technologically advanced mining equipment
4.2.2. Restraints and Challenges
4.2.2.1. Strict government regulations and tariffs
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Mining Equipment Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Mining Equipment Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Mining Equipment Market, by Type, 2019-2032 (USD Billion)
5.3. Surface Mining Equipment
5.3.1. Global Mining Equipment Market, by Surface Mining Equipment, by Region, 2019-2032 (USD Billion)
5.4. Underground Mining Equipment
5.4.1. Global Mining Equipment Market, by Underground Mining Equipment, by Region, 2019-2032 (USD Billion)
6. Global Mining Equipment Market, by Product
6.1. Key Findings
6.2. Introduction
6.2.1. Global Mining Equipment Market, by Product, 2019-2032 (USD Billion)
6.3. Mining Drills and Breakers
6.3.1. Global Mining Equipment Market, by Mining Drills and Breakers, by Region, 2019-2032 (USD Billion)
6.4. Mineral Processing Machinery
6.4.1. Global Mining Equipment Market, by Mineral Processing Machinery, by Region, 2019-2032 (USD Billion)
6.5. Crushing, Pulverizing, and Screening Equipment
6.5.1. Global Mining Equipment Market, by Crushing, Pulverizing, and Screening Equipment, by Region, 2019-2032 (USD Billion)
6.6. Others
6.6.1. Global Mining Equipment Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Mining Equipment Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Mining Equipment Market, by Application, 2019-2032 (USD Billion)
7.3. Metal Mining
7.3.1. Global Mining Equipment Market, by Metal Mining, By Region, 2019-2032 (USD Billion)
7.4. Mineral Mining
7.4.1. Global Mining Equipment Market, by Mineral Mining, By Region, 2019-2032 (USD Billion)
7.5. Coal Mining
7.5.1. Global Mining Equipment Market, by Coal Mining, By Region, 2019-2032 (USD Billion)
7.6. Others
7.6.1. Global Mining Equipment Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Mining Equipment Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Mining Equipment Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Mining Equipment Market – North America
8.3.1. North America: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.3.2. North America: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.3.3. North America: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.3.4. Mining Equipment Market – U.S.
8.3.4.1. U.S.: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.3.5. Mining Equipment Market – Canada
8.3.5.1. Canada: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.3.5.3. Canada: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4. Mining Equipment Market – Europe
8.4.1. Europe: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.2. Europe.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.3. Europe: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.4. Mining Equipment Market – UK
8.4.4.1. UK: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.4.2. UK.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.4.3. UK: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.5. Mining Equipment Market – France
8.4.5.1. France: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.5.2. France.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.5.3. France: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.6. Mining Equipment Market – Germany
8.4.6.1. Germany: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.6.3. Germany: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.7. Mining Equipment Market – Italy
8.4.7.1. Italy: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.7.3. Italy: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.8. Mining Equipment Market – Spain
8.4.8.1. Spain: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.8.3. Spain: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.9. Mining Equipment Market – Netherlands
8.4.9.1. Netherlands: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.4.10. Mining Equipment Market – Russia
8.4.10.1. Russia: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.4.10.3. Russia: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5. Mining Equipment Market – Asia Pacific
8.5.1. Asia Pacific: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.4. Mining Equipment Market – China
8.5.4.1. China: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.4.2. China.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.4.3. China: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.5. Mining Equipment Market – India
8.5.5.1. India: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.5.2. India.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.5.3. India: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.6. Mining Equipment Market – Malaysia
8.5.6.1. Malaysia: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.7. Mining Equipment Market – Japan
8.5.7.1. Japan: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.7.3. Japan: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.8. Mining Equipment Market – Indonesia
8.5.8.1. Indonesia: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.5.9. Mining Equipment Market – South Korea
8.5.9.1. South Korea: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.6. Mining Equipment Market – Middle East & Africa
8.6.1. Middle East & Africa: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.6.4. Mining Equipment Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.6.5. Mining Equipment Market – UAE
8.6.5.1. UAE: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.6.5.3. UAE: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.6.6. Mining Equipment Market – Israel
8.6.6.1. Israel: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.6.6.3. Israel: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.6.7. Mining Equipment Market – South Africa
8.6.7.1. South Africa: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.7. Mining Equipment Market – Latin America
8.7.1. Latin America: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.7.2. Latin America.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.7.3. Latin America: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.7.4. Mining Equipment Market – Mexico
8.7.4.1. Mexico: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.7.5. Mining Equipment Market – Brazil
8.7.5.1. Brazil: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
8.7.6. Mining Equipment Market – Argentina
8.7.6.1. Argentina: Mining Equipment Market, by Type, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Mining Equipment Market, by Application, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Mining Equipment Market, by Product, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. AB Volvo
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Astec Industries Incorporated
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Atlas Copco AB
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Bell Equipment Limited
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Bradken Limited
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Caterpillar Inc
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. China Coal Energy Company Limited
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. CNH Industrial NV
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Corum Group
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Deere & Company
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Doosan Corporation
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Epiroc AB
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. Hitachi Co., Ltd
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Hyundai Heavy Industries Company Limited
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. Komatsu Ltd
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development
10.16. Kopex SA
10.16.1. Company Overview
10.16.2. Financial Performance
10.16.3. Product Benchmarking
10.16.4. Recent Development
10.17. Liebherr Group
10.17.1. Company Overview
10.17.2. Financial Performance
10.17.3. Product Benchmarking
10.17.4. Recent Development
10.18. Metso Corporation
10.18.1. Company Overview
10.18.2. Financial Performance
10.18.3. Product Benchmarking
10.18.4. Recent Development
10.19. RCR Tomlinson Limited
10.19.1. Company Overview
10.19.2. Financial Performance
10.19.3. Product Benchmarking
10.19.4. Recent Development
10.20. Sandvik AB
10.20.1. Company Overview
10.20.2. Financial Performance
10.20.3. Product Benchmarking
10.20.4. Recent Development
10.21. Techint Group
10.21.1. Company Overview
10.21.2. Financial Performance
10.21.3. Product Benchmarking
10.21.4. Recent Development
10.22. Terex Corporation
10.22.1. Company Overview
10.22.2. Financial Performance
10.22.3. Product Benchmarking
10.22.4. Recent Development

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