The world market for mining equipment is projected to climb 8.5 percent
annually through 2015 to $92 billion. Demand will be stimulated by an increase
in mining output growth as global manufacturing activity and construction
expenditures accelerate in a generally favorable economic climate. Commodity
prices are also expected to remain high by historical standards, contributing
to a rise in resource exploration and development activity, and associated
mining machinery sales. In addition, efforts to increase mechanization of
mining operations in the huge Chinese market and boost productivity in high
labor cost areas such as Australia and Canada will bolster overall equipment
demand.
Asia/Pacific region to remain dominant, grow the fastest
In a continuation of historical trends, the Asia/Pacific region is forecast to
register the strongest market advances through 2015, fueled by robust
increases in mine production and related machinery sales in China, India and
Indonesia. China alone will account for 57 percent of all new mining equipment
demand between 2010 and 2015, even though growth is expected to slow
significantly. Central and South America will post the second fastest gains,
supported by a pickup in manufacturing and construction activity, leading to
higher demand for mined materials. The Africa/Mideast region will record the
next strongest market advances, followed by North America, Eastern Europe and
Western Europe. Mining output and associated machinery sales in all four areas
will be spurred by generally healthy economic growth and high commodity
prices. In addition, equipment suppliers will benefit from the implementation
of Tier 4 emissions standards in the US and Canada and the adoption of Stage
IIIB and Stage IV emissions standards in the European Union, raising average
product prices and contributing to overall dollar demand.
Metals, coal mining to lead gains in market demand
The market for mining machinery used in metals mining operations, which
accounts for the largest share of world sales, is projected to expand at the
strongest pace through 2015, bolstered by price-driven increases in resource
exploration and mine development activity. Coal mining equipment demand is
expected to climb nearly as fast, stimulated by an acceleration in primary
metals manufacturing growth, as well as by a pickup in global economic
activity and additional population gains, leading to higher demand for coal
utilized in heating and electricity generating applications. The world market
for nonmetallic mineral mining machinery will rise at a somewhat slower rate,
fueled by increases in construction expenditures and ongoing population
growth, boosting farming activity and consumption of fertilizer minerals like
phosphate rock and potash.
Mining drills, breakers to pace product demand gains
Mining drills and breakers will be the fastest growing product segment,
reflecting their near-universal use in settings where breaking through the
ground and subsurface materials is required. The second strongest advances
will be posted by crushing, pulverizing and screening equipment. Like drills
and breakers, these products are widely used in both surface and underground
mining, and will benefit from gains in global mining output. Although demand
for surface mining machinery will expand at a slower rate, these products will
continue to account for the largest single share of equipment demand.
Study coverage
This upcoming Freedonia industry study, “World Mining
Equipment”, presents historical demand data (2000, 2005, 2010) plus
forecasts for 2015 and 2020 by product, market, world region and for 31
countries. The study also considers key market environment factors, evaluates
company market share and profiles 40+ industry competitors.
CJSC Gorlovsky Engineering Works, see SIC Mining Machines
CNH Global, see Fiat Industrial
Doosan Infracore Company Limited
Eickhoff Bergbautechnik, see Gebrueder Eickhoff
Maschinenfabrik und Eisengieserei
ERA Mining Machinery Limited
Famur SA
Fazos, see Famur
Fiat Industrial SpA
FLSmidth & Company A/S
Gandara Censa, see CITIC Group
Gebrueder Eickhoff Maschinenfabrik und Eisengieserei GmbH
H&F Drilling Supplies, see Atlas Copco
Hartl Anlagenbau, see Atlas Copco
Hitachi Limited
Hyundai Heavy Industries Company Limited
Inbye Mining Services, see Kopex
Ingersoll-Rand plc
Inner Mongolia North Hauler Joint Stock Company Limited
International Mining Machinery Holdings, see Joy Global
IR Montabert, see Ingersoll-Rand
Iveco, see Fiat Industrial
IZ-Kartex, see OJSC OMZ
Jaques International Holdings, see Terex
Jiamusi Coal Mining Machinery, see Joy Global
Johnson Crushers International, see Astec Industries
Joy Global Incorporated
Kennametal Incorporated
Kleeman, see Wirtgen Group
Knelson, see FLSmidth
Kobelco Construction Machinery, see Fiat Industrial
Kolberg-Pioneer, see Astec Industries
Komatsu Limited
Kopex SA
Larox, see Outotecj
LeTourneau Technologies, see Joy Global
Liebherr-International AG
Materix Engineering, see Bradken
Metso Corporation
Nepean Longwall, see Kopex
NFM Technologies, see Northern Heavy Industries Group
NHI Shenyang Heavy Machinery Group, see Northern Heavy Industries Group
Ningxia Tiandi Benniu Industrial Group Company Limited
Norcast Wear Solutions, see Bradken
Northern Heavy Industries Group Company Limited
Nowomag, see Famur
OJSC Druzhkovsky Engineering Factory, see SIC Mining Machines
OJSC OMZ
Osborn Engineered Products, see Astec Industries
Outotec Oyj
P&H Mining Equipment, see Joy Global
Pioma, see Famur
Polysius, see ThyssenKrupp
RCR Tomlinson Limited
REMAG, see Famur
Roymec, see FLSmidth
RYFAMA, see Kopex
Sandvik AB
SANY Heavy Equipment International Holdings Company Limited
SANY Heavy Industry Company Limited
Shandong Lingong Construction Machinery, see Volvo
Shandong SEM Machinery, see Caterpillar
SIC Mining Machines
TAKRAF, see Techint Group
Techint Group
Telco Construction Equipment, see Hitachi
Telsmith, see Astec Industries
Terex Corporation
ThyssenKrupp AG
Tiandi Science & Technology Company Limited
Volvo AB
Waratah Engineering, see Kopex
Wear Protect Systems, see Bradken
Wirtgen Group
Zamut Industry, see Famur
Zhengzhou Coal Mining Machinery Group Company Limited
Zhengzhou Siwei Mechanical & Electrical Equipment
Manufacturing, see ERA Mining Machinery
Other Companies Mentioned in Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table
SECTION II -- MARKET ENVIRONMENT
World Gross Domestic Product by Region
World Population by Region
World Manufacturing Value Added by Region
World Electric Power Generation by Source & Region
World Gross Fixed Investment by Region
World Mining Output by Type & Region
World Minerals Mining Output by Type & Region
World Coal Mining Output by Type & Region
World Metals Mining Production by Type & Region
World Mining Equipment Pricing
SECTION III -- WORLD SUPPLY & DEMAND
World Mining Equipment Demand by Region
World Mining Equipment Shipments by Region
World Mining Equipment Net Exports by Region
World Mining Equipment Demand by Market
World Metals Mining Equipment Demand by Type of Metal & Region
World Minerals Mining Equipment Demand by Type of Mineral & Region
World Coal Mining Equipment Demand by Type of Coal & Region
World Mining Equipment Demand by Product
World Surface Mining Machinery Demand by Region
World Underground Mining Machinery Demand by Region
World Mining Drill & Breaker Demand by Region
World Crushing, Pulverizing & Screening Equipment
Demand by Type & Region
World Mineral Processing Machinery Demand by Region
World Mining Equipment Parts & Attachments Demand by Region
SECTION IV -- NORTH AMERICA
North America - Mining Equipment Supply & Demand
North America - Mining Equipment Demand by Market
United States - Mining Equipment Supply & Demand
United States - Mining Equipment Demand by Market
Canada - Mining Equipment Supply & Demand
Canada - Mining Equipment Demand by Market
Mexico - Mining Equipment Supply & Demand
Mexico - Mining Equipment Demand by Market
SECTION V -- WESTERN EUROPE
Western Europe - Mining Equipment Supply & Demand
Western Europe - Mining Equipment Demand by Market
Germany - Mining Equipment Supply & Demand
Germany - Mining Equipment Demand by Market
France - Mining Equipment Supply & Demand
France - Mining Equipment Demand by Market
Spain - Mining Equipment Supply & Demand
Spain - Mining Equipment Demand by Market
Italy - Mining Equipment Supply & Demand
Italy - Mining Equipment Demand by Market
United Kingdom - Mining Equipment Supply & Demand
United Kingdom - Mining Equipment Demand by Market
Other Western Europe - Mining Equipment Supply & Demand
Other Western Europe - Mining Equipment Demand by Market
Other Western Europe - Mining Equipment Supply & Demand by Country
SECTION VI -- ASIA/PACIFIC
Asia/Pacific - Mining Equipment Supply & Demand
Asia/Pacific - Mining Equipment Demand by Market
China - Mining Equipment Supply & Demand
China - Mining Equipment Demand by Market
Australia - Mining Equipment Supply & Demand
Australia - Mining Equipment Demand by Market
India - Mining Equipment Supply & Demand
India - Mining Equipment Demand by Market
Indonesia - Mining Equipment Supply & Demand
Indonesia - Mining Equipment Demand by Market
Kazakhstan - Mining Equipment Supply & Demand
Kazakhstan - Mining Equipment Demand by Market
Japan - Mining Equipment Supply & Demand
Japan - Mining Equipment Demand by Market
Thailand - Mining Equipment Supply & Demand
Thailand - Mining Equipment Demand by Market
South Korea - Mining Equipment Supply & Demand
South Korea - Mining Equipment Demand by Market
Other Asia/Pacific - Mining Equipment Supply & Demand
Other Asia/Pacific - Mining Equipment Demand by Market
Other Asia/Pacific - Mining Equipment Supply & Demand by Country
SECTION VII -- CENTRAL & SOUTH AMERICA
Central & South America - Mining Equipment Supply & Demand
Central & South America - Mining Equipment Demand by Market
Brazil - Mining Equipment Supply & Demand
Brazil - Mining Equipment Demand by Market
Chile - Mining Equipment Supply & Demand
Chile - Mining Equipment Demand by Market
Peru - Mining Equipment Supply & Demand
Peru - Mining Equipment Demand by Market
Venezuela - Mining Equipment Supply & Demand
Venezuela - Mining Equipment Demand by Market
Colombia - Mining Equipment Supply & Demand
Colombia - Mining Equipment Demand by Market
Other Central & South America - Mining Equipment Supply & Demand
Other Central & South America - Mining Equipment Demand by Market
Other Central & South America - Mining Equipment Supply & Demand by Country
SECTION VIII -- EASTERN EUROPE
Eastern Europe - Mining Equipment Supply & Demand
Eastern Europe - Mining Equipment Demand by Market
Russia - Mining Equipment Supply & Demand
Russia - Mining Equipment Demand by Market
Poland - Mining Equipment Supply & Demand
Poland - Mining Equipment Demand by Market
Ukraine - Mining Equipment Supply & Demand
Ukraine - Mining Equipment Demand by Market
Other Eastern Europe - Mining Equipment Supply & Demand
Other Eastern Europe - Mining Equipment Demand by Market
Other Eastern Europe - Mining Equipment Supply & Demand by Country
SECTION IX -- AFRICA/MIDEAST
Africa/Mideast - Mining Equipment Supply & Demand
Africa/Mideast - Mining Equipment Demand by Market
South Africa - Mining Equipment Supply & Demand
South Africa - Mining Equipment Demand by Market
Turkey - Mining Equipment Supply & Demand
Turkey - Mining Equipment Demand by Market
Iran - Mining Equipment Supply & Demand
Iran - Mining Equipment Demand by Market
Other Africa/Mideast - Mining Equipment Supply & Demand
Other Africa/Mideast - Mining Equipment Demand by Market
SECTION X -- INDUSTRY STRUCTURE
Mining Equipment Sales for Selected Manufacturers, 2010
Selected Cooperative Agreements
Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION II -- MARKET ENVIRONMENT
World Mining Production by Region, 2010
World Mining Equipment Prices, 2000-2020
SECTION III -- WORLD SUPPLY & DEMAND
World Mining Equipment Demand by Region, 2010
Increase in Annual Mining Equipment Demand from 2010 to 2015 by Region
World Mining Equipment Demand - Projected 2010-2015
Annual Rate of Growth
World Mining Equipment Shipments by Region, 2010
World Mining Equipment Demand by Market, 2010
World Mining Equipment Demand by Product, 2010
SECTION IV -- NORTH AMERICA
North America - Mining Equipment Demand by Country, 2010
SECTION V -- WESTERN EUROPE
Western Europe - Mining Equipment Demand by Country, 2010
SECTION VI -- ASIA/PACIFIC
Asia/Pacific - Mining Equipment Demand by Country, 2010
SECTION VII -- CENTRAL & SOUTH AMERICA
Central & South America - Mining Equipment Demand by Country, 2010
SECTION VIII -- EASTERN EUROPE
Eastern Europe - Mining Equipment Demand by Country, 2010
SECTION IX -- AFRICA/MIDEAST
Africa/Mideast - Mining Equipment Demand by Country, 2010
SECTION X -- INDUSTRY STRUCTURE
World Mining Equipment Market Share, 2010
World Mining Equipment published by The Freedonia Group in January 25, 2012. This report consists of 513 Pages and the price starts from US $ 6200.
The contents of this page may be different from the latest version. Please contact us for details.
Press Release
Global Demand for Mining Equipment to Reach $92 Billion in 2015
February 7th, 2012
Global Information Inc. would like to present a new market research report, "World Mining Equipment" by The Freedonia Group.
The world market for mining equipment is projected to climb 8.5 percent annually through 2015 to $92 billion. Demand will be stimulated by a pickup in mining output growth as global manufacturing activity and construction expenditures accelerate in a generally favorable economic climate. Commodity prices are also expected to remain high by historical standards, contributing to a rise in resource exploration and development activity, and associated mining machinery sales. These and other trends are presented in World Mining Machinery.
In a continuation of recent trends, the Asia/Pacific region is forecast to register the strongest market advances through 2015, fueled by robust increases in mine production and related machinery sales in China, India and Indonesia. China alone will account for 57 percent of all new mining equipment demand between 2010 and 2015, even though growth is expected to slow significantly. Central and South America will post the second fastest gains, supported by a pickup in manufacturing and construction activity, leading to higher demand for mined materials. The Africa/Mideast region will record the next strongest market advances, followed by North America, Eastern Europe and Western Europe. Mining output and associated machinery sales in all of these regions will be spurred by high commodity prices and generally healthy economic growth. In addition, equipment suppliers will benefit from the implementation of Tier 4 emissions standards in the US and Canada and the adoption of Stage IIIB and Stage IV emissions standards in the European Union, raising average product prices and contributing to overall dollar demand.
The market for mining machinery used in metals mining operations, which account for the largest share of world sales, is projected to expand at the strongest pace through 2015, spurred by price-driven increases in resource exploration and mine development activity. Coal mining equipment demand is expected to climb nearly as fast, stimulated by acceleration in primary metals manufacturing growth, bolstering industrial furnace and oven coal use. The world market for nonmetallic minerals mining machinery will rise at a somewhat slower rate, stimulated by increases in construction expenditures and ongoing population growth, boosting farming activity and consumption of fertilizer minerals like phosphate rock and potash.
